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Nuvama (Edelweiss) Stock Trading, Demat, Brokerage and Reviews 2024

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Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm.

The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options.

Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best array of trading platforms available for all mediums (Mobile app, a website & desktop trading software). All trading platforms are equally good & easy to understand, with Nuvama Mobile Trader app being the highest-rated app in India.

Edelweiss Group has a strong presence across India with over 475 offices in 200 locations. It has 11,938 employees catering to over 12 lakh clients across various businesses.

Nuvama has won many awards for its services and use of technology. Some of the major awards won in recent times include ABP BFSI Awards 2017, National Digital Marketing Awards, 2017 and Best Broker in India at Finance Asia (Hongkong) Country Awards 2016 and BBC Knowledge.

Nuvama (Edelweiss) Special Offer

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.

Account Types

Nuvama offers 3 types of brokerage plans to suit the varied needs of the traders.

  1. Nuvama Lite (Discount Brokerage Plan)

    The next generation online trading plan is for people who can trade online with the tools provide and with minimum support from the broker. This plan offers trading at ultra-low brokerage fee of flat Rs 10 per executed order across all trading segment at BSE, NSE and MCX.

  2. Nuvama Elite

    Under this plan, the company charges a percentage of the trade value as the brokerage. This full service plan offers personalized trading experience by providing you relationship managers at no extra cost.

  3. Advance Subscription (prepaid) Plans

    Under advanced subscription or prepaid plans, customers have to pay a lump sum amount upfront for 12 months. The brokerage charged under prepaid plans is much lower than that of Standard Plan. This plan is for active traders who also get personal relationship manager, higher leverage, free research & training and a low brokerage fees included in the plan itself.

Nuvama (Edelweiss) Charges 2024

1. Account Opening Fees & Annual maintenance charges (AMC)

Nuvama offers free account opening for trading and demat accounts. The Nuvama Demat Account Annual Maintenance Charges is Rs 500 per year. The demat AMC is free for the first year.

Trading and Demat Account Opening Charges Rs 0 (Free)
Demat Account AMC Rs 500 per annum (1st Year Free)

2. Nuvama Lite Plan Charges

Nuvama Lite Plan is a flat-rate discount brokerage plan offered to online customers. They charge flat Rs 10 per executed order for trading in equity delivery, intraday and F&O. The same brokerage is charged for trading in currency derivatives.

Segment Brokerage Charges
Equity Delivery & Intra-day Rs 10 per executed order
Equity Futures & Options Rs 10 per executed order
Currency Futures & Options Rs 10 per executed order

3. Nuvama Elite Plan Charges

Nuvama Elite Plan is a traditional full-service brokerage plan. They charge 0.30% for equity delivery, 0.03% for equity intraday and futures, Rs 75 per lot for equity options, 0.02% for currency futures and Rs 20 per lot for currency options. This plan offers online & offline trading, personal relationship manager, free research and many other benefits.

Segment Brokerage Charges
Equity Delivery 0.30%
Equity Intra-day 0.03%
Equity Futures 0.03%
Equity Options Rs 75 per lot
Currency Futures 0.02%
Currency Options Rs 20 per lot

Visit Nuvama (Edelweiss) Brokerage Charges Review for more detail.

Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Nuvama (Edelweiss) Online Account Opening

Steps to open an account online with Nuvama

You could open your account online instantly if your Aadhar number is linked with your phone number for OTP verification. Following are the steps to open an online account:

  1. Visit our Online Account Opening page by clicking here
  2. Enter your profile information
  3. Select your brokerage rates plan
  4. Video IPV: Record the video and complete the video IPV stage
  5. Document Upload: Upload a softcopy of documents
  6. E-Sign: Click on the E-Sign option and complete the required steps.

Nuvama (Edelweiss) Trading Software (Nuvama (Edelweiss) Trading Platforms)

  1. Website

    The website is a free online trading platform offering trading and investment in financial products including stock, commodity and mutual funds. The website also offers portfolio tracking, charting, news and an instant fund transfer services.

    Another key feature of this website is the 'Quick Trading Toolbar' which allows customers to trade instantly. This toolbar also keeps track of all recent activities i.e. stocks viewed, pages surfed/taking position/tracking stock or contracts.

    Nuvama also has a low bandwidth website (Mobile WAP) which enables customers to trade on the mobile devices. Using this extremely light website customers can place trades and monitor stock positions in real-time on the mobile phone.

  2. Nuvama Xpress

    The Xpress a free web browser based trading application offering terminal-like experience without installing any software on your computer.

    Build with Java-based technology, Xpress is a browser based application which replicates the trading terminal by providing live streaming of stock quotes.

    Nuvama Xpress allows Nuvama customers to buy & sell equity and derivatives directly from the Xpress screen in Delivery, Intraday and T+5 segments.

  3. Nuvama Xtreme Trader

    Xtreme Trader is a 'Installable Desktop Trading Software' offering live-streaming quotes, advance charting tools and technical analysis for high frequency traders. Xtreme Trader offers customizable interface, shortcut keys for frequent actions, instant flashing research calls, stock alerts (on-screen, sms and e-mail) on condition defined by you and powerful charting tools designed for traders.

  4. Nuvama Mobile Trader

    Mobile Trader, a free smart phone trading app, offers trading capabilities (trade on NSE, BSE in Equities, Derivatives and Currency) on mobile phone to Nuvama clients. In addition, it also offers live streaming quotes, portfolio monitoring, fund transfer, charting (candle stick, area, line, OHLC), experts research, Trade Book, Order Book, Holdings, Balances and many other useful features.


Visit Nuvama (Edelweiss) Trading Software Review for more detail.

Nuvama (Edelweiss) Account Opening Enquiry

Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Nuvama (Edelweiss) Pros and Cons

Nuvama (Edelweiss) Pros (Advantages)

The following are the advantages of Nuvama (Edelweiss). You must read Nuvama (Edelweiss) advantages and disadvantages before opening an account with Nuvama (Edelweiss). Nuvama (Edelweiss) pros and cons help you find if it suits your investment needs.

  1. Full-service broker offering discount brokerage plan.
  2. Flat Rs 10 per executed order brokerage across the trading segments.
  3. Free research, trading tips, and recommendations.
  4. Instant paperless online account opening.
  5. Excellent mobile application, website & desktop trading software for trading.
  6. Online IPO investment.
  7. High leverage facilities across Cash, F&O and CDS segments.
  8. Wide offline presence through branches and franchises makes it easy for customers.
  9. Relationship managers and add-on services like PMS are available.

Nuvama (Edelweiss) Cons (Disadvantages)

The following are the cons of Nuvama (Edelweiss). Check the list of Nuvama (Edelweiss) drawbacks.

  1. Bracket orders and Good-Till canceled (GTC) orders are not available.
  2. Charge high minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  3. Call & Trade is available at an additional cost of Rs 20 per call.
  4. Rs 50 per month for research calls and trading tips.

Open Instant Account with Nuvama (Edelweiss)

Nuvama (Edelweiss) Margin Exposure

Nuvama (Edelweiss) margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Nuvama (Edelweiss) F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Nuvama (Edelweiss) F&O carry forward positions and equity delivery trades.

Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Nuvama (Edelweiss) Ratings

Overall Rating Rated 2.9 stars 2.9/5
Fees Rated 3.0 stars 3.0/5
Brokerage Rated 3.1 stars 3.1/5
Usability Rated 3.4 stars 3.4/5
Customer Service Rated 2.7 stars 2.7/5
Research Capabilities Rated 2.9 stars 2.9/5

Based on 76 Votes by Nuvama (Edelweiss) Customers

Do you trade with Nuvama (Edelweiss)? Rate Nuvama (Edelweiss)

Nuvama (Edelweiss) Complaint

The number of Nuvama (Edelweiss) customer complaint received by the exchanges. The Nuvama (Edelweiss) consumer complaint report helps understanding the Nuvama Wealth & Investment Limited quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2022-23 218,206 107 0.05%
BSE 2022-23 53,786 12 0.02%
NSE 2021-22 193,041 171 0.09%
BSE 2021-22 47,324 23 0.05%
NSE 2020-21 157,254 224 0.14%
BSE 2020-21 33,553 9 0.03%
NSE 2019-20 130,215 116 0.09%
BSE 2019-20 33,317 7 0.02%
NSE 2018-19 120,378 95 0.08%
BSE 2018-19 26,859 11 0.04%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Nuvama (Edelweiss) Complaints at BSE, NSE and MCX for detail report.

Frequently Asked Questions

  1. 1. What is Edelweiss broking?

    Edelweiss Broking Ltd is a Mumbai based full-service stock broker. It is part of the Edelweiss Group. The group has a sizable presence in Insurance, Housing Finance, and Financial Markets.

    Edelweiss Broking offers trading services in Equity, Currency, Futures & Options, Mutual Funds, and IPOs, etc. In addition to that, Edelweiss also offers investment advisory to its customers across asset classes.

    The company offers 2 brokerage plans; Edelweiss Lite and Edelweiss Elite. Edelweiss Lite is a fixed brokerage plan (Rs 10/order) and Edelweiss Elite is a traditional percentage-based brokerage plan.

    Edelweiss offers one of the best trading platforms to its investors. TX3 is the company's flagship trading platform, online trading website and Mobile Trader is a mobile trading app.

    Edelweiss Group has a pan India presence with offices in 200 locations and over 12 lakh clients across various businesses as of May 2020.

    About Edelweiss Broking

    • Part of Edelweiss Group, over a decade of experience in broking.
    • Offers both trading and research advisory services.
    • Flexible fixed brokerage and percentage-based plans.
    • Services in Equity, Currency, Futures & Options, Mutual Funds, and IPOs.
    • Offers an online account opening facility.
    • Pan Indian presence with 475+ offices in 200 locations.
    • Free Call n Trade facility on Edelweiss Elite plan.
    • Investology; an online initiative for customer education on stock markets.



  2. 2. Is Edelweiss a good company?

    Incorporated in 2008, Edelweiss broking is a premier full-service broker for over 15+ years. It is part of the prestigious Edelweiss Group which has a strong presence in businesses like Insurance, Housing Finance, and Financial Markets.

    Edelweiss is a Good Company Because:

    1. Part of the well-known Edelweiss group.
    2. Full-service stock broker offering a range of services.
    3. Local presence across India. 475+ offices in 200 locations.
    4. Offers trading, research advisory and wealth management services.
    5. Good trading platforms in TX3, Edelweiss website and Mobile Trader
    6. Offers a flat rate discount brokerage plan (Rs 10/order).
    7. Online investment in Equity, Currency, F&O, Mutual Funds, and IPOs.
    8. Offers a paper-less online account opening facility.
    9. Free Call & Trade facility on Edelweiss Elite Plan.
    10. Free dedicated relationship manager.



  3. 3. How to apply for IPO through Edelweiss?

    Edelweiss offers an online IPO application to its customer as well as guests. Edelweiss's online IPO application is based on UPI as a payment gateway. Alternatively, if you have Edelweiss demat account, you can also apply in an IPO through the net-banking of your bank using the ASBA facility.

    Note that you can apply in an IPO through Edelweiss even if you are not an Edelweiss customer. This is a unique feature offered by Edelweiss.

    Steps to Apply for IPO through Edelweiss

    1. Login to website or mobile app.
    2. Go to the 'IPO' section.
    3. Choose the IPO and click on the Apply button.
    4. Enter your bid details like price, quantity and investor type.
    5. Enter your UPI ID, review your order and click submit.
    6. Open your UPI app and accept the payment request.


    • You will get an email confirmation once your IPO application is accepted.
    • Your IPO application is not complete until the UPI payment is approved. It may take up to 12 hours for you to receive the UPI payment request.

    Steps to Apply for through Net-Banking (ASBA)

    1. Log in to your net-banking account (i.e. ICICI, SBI).
    2. Go to the IPO section.
    3. Select the IPO from the list and click the Apply button
    4. Enter IPO bid detail (price, quantity, investor type)
    5. Enter the Edelweiss demat account information.
    6. Review and submit application.



  4. 4. How to activate F&O in Edelweiss?

    You can activate the F&O (derivatives) segment in the Edelweiss trading account while opening the account. In case, you have not activated the F&O segment at that time then you can do it later at any point in time.

    Steps to Activate F&O in Edelweiss

    1. Download segment activation form.
    2. Fill & sign it.
    3. Attach financial proof as one of the documents listed below.
    4. Submit it to your Relationship Manager or the nearest branch.

    Financial Proof for F&O Segment Activation

    • ITR Proof
    • Last 3 months Salary Slip
    • Demat Holdings
    • Net-worth Certificate
    • Month Bank Statement (not older than 3 months)

    Note: Only 1 of the above documents is required.



  5. 5. How to transfer funds to Edelweiss?

    You could transfer funds to Edelweiss online using 2 ways; UPI and Net Banking. The amount transferred online is available instantly in the Edelweiss trading account for investing. Both these methods of transferring funds are available for free.

    Note: Before you transfer the funds, make sure that your UPI ID or net bank account information is added to your profile. Visit your profile to set up your bank account or UPI id.

    Steps for Transfer Funds to Edelweiss

    1. Login to the Edelweiss website or mobile app
    2. Click on the 'Buy/Sell' in the top right
    3. Click on the 'Transfer Funds' link
    4. Choose payment mode as 'UPI' or 'Net Banking'
    5. Enter the amount and click 'Submit'
    6. In the case of UPI, go to your UPI app, and authorize the transaction.

    In the case of net banking, you are taken to your bank's website.



  6. 6. Is Edelweiss a full-service broker?

    Yes, Edelweiss is a full-service broker that offers online and offline Broking, research, advisory and depository services across a range of financial products and services.

    Edelweiss is a SEBI registered broker, Research Analyst, and a member of BSE, NSE, MCX, NCDEX, CDSL, and NSDL that facilitates trading and investment across all major asset classes like Cash Equity, F&O, Currency, Mutual Funds, IPO, and Insurance.



  7. 7. Is Edelweiss a good broker?

    Edelweiss is one of the leading full-service stockbrokers in India, with two decades of experience in the broking industry. The company offers online and offline trading, investment, and advisory services to its client with offices across 200 locations.

    Edelweiss is a SEBI registered stockbroker, Research Analyst, and a member of NSE, BSE, MCX, and NCDEX. Edelweiss has two brokerage plans (Edelweiss Lite and Edelweiss Elite) for its customers to choose from as per their preference. The company has simple trading platforms for each type of investor, who can trade either through the web platform, mobile app, or desktop trading software.



  8. 8. Is Edelweiss good for trading?

    Edelweiss is a trusted, leading full-service stockbroker of India. The advantages of trading in Edelweiss are:

    • Free account opening.
    • The Edelweiss Lite plan lets you invest in the stock market at flat Rs 10 per order.
    • Option to choose between fixed brokerage and percentage-based plans.
    • Trade across Equity, Currency, Futures & Options, Mutual Funds, and IPOs.
    • Online and offline services.
    • Zero maintenance charges (AMC) for the first year.
    • Free Call and Trade facility (in Edelweiss Elite Plan).
    • Simple trading platforms.



  9. 9. How does Edelweiss work?

    Edelweiss Group is a diversified financial services provider with business and operations spread across Credit, Investment & Advisory, and Insurance segments.

    Edelweiss Broking Limited is a full-service broker providing online and offline trading, research, and investment offerings in Equities, F&O, Currency, IPO, and Mutual Funds. Edelweiss offers free account opening, zero maintenance charges for the first year, and robust trading platforms across mediums (Mobile app, a website & desktop trading software).

    Edelweiss has two brokerage plans - Edelweiss Lite and Edelweiss Elite. The Edelweiss Lite plan is a flat fee plan with a brokerage of Rs 10 per trade across all segments, whereas Edelweiss Elite plan is a percentage-based brokerage plan with access to various add-on services like free research calls, free Call and Trade facilities, a personal relationship manager, and much more. Visit Edelweiss Brokerage Charges for more details.



  10. 10. How to apply IPO in Edelweiss?

    You can apply for an IPO online through Edelweiss mobile app or web at free of cost.

    Steps to apply for an IPO through Edelweiss Mobile Trader app:

    1. Login to Edelweiss Mobile app.
    2. Go to the 'IPO' Section.
    3. Select the desired IPO from the list and click on apply.
    4. Enter the Bid details.
    5. Enter the UPI ID and submit.
    6. Accept mandate request on UPI app.

    Steps to apply for an IPO through Edelweiss web:

    1. Visit
    2. Click on Self Investing.
    3. Go to Primary Markets.
    4. Select the IPO you wish to apply for from the Mainline and SME IPO list.
    5. Click on Apply.
    6. Login using your credentials.
    7. Enter the bidding details and save.
    8. Enter the UPI details and click on proceed.
    9. Click on Submit application.
    10. Accept the UPI mandate request to process the payment request.

    Edelweiss also provides an IPO application facility to the guests, who do not have an account with Edelweiss, to apply through the web. The guests have to click on Apply for IPO as a Guest on the login screen and enter the below personal details before proceeding to the bidding stage.

    • Date of birth
    • Full Name
    • Mobile No.
    • Email ID
    • DP details (Depository Name, Client ID, DP ID)
    • Investor Category
    • Form Type - Repatriation/Non-Repatriation.



Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.


98. Gregor Kashvi   I Like It. |Report Abuse|  Link|April 25, 2024 10:35:30 PMReply

Hi. Please be wise, do not make the same mistake I had made in the past, I was a victim of investment scam, I saw a glamorous review showering praises and marketing an investment firm, I reached out to them on what their contracts are, and I invested $29,000, which I was promised to get my first 15% profit in weeks, when it’s time to get my profits, I got to know the company was bogus, they kept asking me to invest more and I ran out of patience then requested to have my money back, they refused to answer nor refund my funds, not until a friend of mine introduced me to CSP, so I reached out and after tabling my complaints, they were swift to action and I got back my funds with the due profit. I couldn’t contain the joy in me. I urge you guys to reach out to Capital Shield Pro for swift assistance: csp_jaun @ pm . me

Text/WA 1 9 0 8 3 6 8 1 7 7 4
97. sandeep sawant   I Like It. |Report Abuse|  Link|April 22, 2024 2:52:20 PMReply
I am Sandeep Sawant, I am currently having a very bad experience with Edelweiss. I am trying to transfer my home loan to my bank. But no one is helping me even if I am not being asked properly by the company and I am facing hurdles in the transfer process. Presently I wanted a forceclause letter for which all process was done my bank prepared DD Feb 2024 but still letter is not issued rather some dues are showing and the process is getting delayed. I am very disgusted with their rude management. Before this EMI was cutting on time.
96. Tapas Kumar   I Like It. |Report Abuse|  Link|April 8, 2024 8:50:29 PMReply
Nuvama is the worst broker. Their server is very slow and not execute trade in time for that lot of slippage is beard by the customer. Some case slippage amount is Rs.15/- and more which is unbelievable. I am saying this because I am a victim of this broker. I made heavy loss by trading with this broker. I did live trade as well as forward trade at the same time. You cannot belief I made loss in live trade and whereas forward trade gave profit. It is due to the heavy slippage. I have sent mail to NUVAMA with the proof of live trade and forward/paper trade. But they are not given any reply even my repeated mail. When I want to escalate the issue and send mail to the owner of NUVAM Mr. Ashish Kehiar my mail is blocked. This is the reality of Nuvama. So, I recommended not to open or trade in this broker, 100% you will loose your hard earned money. Now choice is yours.
95. Judes.   I Like It. |Report Abuse|  Link|March 9, 2024 7:51:03 AMReply
My contest pick top gainer is not working
94. Dr. Bhaskar   I Like It. |Report Abuse|  Link|March 1, 2024 12:59:52 PMReply
Worst ever experience
There customer service are as dumb as alia Bhatt
Earlier when there was Edelweiss.. it was good but now .. you cant even transfer your share from your demat via .. Easiest CDSL portal
They do not provide such services..
Whereas all other DP provides such a good service
And lots of fake charges deducted every month


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
93. Srilakshmi   I Like It. |Report Abuse|  Link|November 28, 2023 11:11:36 AMReply
I have been trying to re-activate my mother's account which is inactive for a while now. Every time I send out the filled in application, they come up with some reasoning that their company name is changed, then they said the version is changed. Now they are telling I have not prefixed the name. The customer care folks are not having any knowledge about how the documentation works. Even after asking them multiple times about what is the best way to re-activate the account first and then make other changes, they are not willing to share any details. This has frustrated me for more than a year now. I advise people not to open any account with this company they are not fit to serve customers and provide a resolution. This platform must not entertain NUVAMA and encourage people to create account on their platform.
92. Saji George   I Like It. |Report Abuse|  Link|September 22, 2023 3:58:15 PMReply
Investors be careful! I am having a terrible experience with them now and I am not able to close the account also


Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
91. K. C. Shah   I Like It. |Report Abuse|  Link|September 15, 2023 11:11:31 PMReply
તા.15/9/23 ના રોજ nuvama ની અમદાવાદ ની off માં મારા મિત્ર ના ફાધર ના ડિમેટ એકાઉન્ટ ની latest status માટે મિત્ર ના સહી વાળો પત્ર લઈ રૂબરૂ માં ગયો હતો જોડે એક બીજા મિત્ર પણ હતા.. આ પહેલા email થી બધી વિગત મેળવેલી, અગાઉ anagram સ્ટોક માં ખાતું હતું ત્યાંથી ડિમર્જ થતા acc એડલવાઇસ માં ગયેલા જે હાલ નુવામા wealth તરીકે કામ કરે છે. Email માં બધી વિગત જણાવેલ કે હાલ તેમના ફાધર નથી એટલે કે સ્વર્ગ વાસી થયા છે અને ફાધર ના આધાર કાર્ડ, પાન કાર્ડ, ડેથ સર્ટિફિકેટ વી email થી મોકલેલ. જેના જવાબ માં નોમિની અથવા વારસાઈ કરવા માટે જણાવેલ. આનો મતલબ કે ખાતું ચાલુ કરાવી શકાય તેમ છે. જેથી રૂબરૂ માં મળવા ગયેલ. ત્યાં ગયા પછી રિસેપ્સન ઉપર મેનેજર ને મળવા ની વાત કરતા અહીંયા કોઈ મેનેજર નથી. તમો ટોલ free નંબર ઉપર ફોન કરી શકો છો.. મારી એપ્લિકેશન જે ફાધર ના પુત્રની સહી સાથે ની હતી. અંદર મોકલી કોઈ વ્યવસ્થિત જવાબ ન મળતા અંદર મળવા ગયા. કોઈ સ્ટાફે વ્યવસ્થિત જવાબ આપ્યો નહીં ઉપર થી દાદાગીરી કરવા માં આવી.. મારા જેવા સિનિયર સિટીજન જોડે ખરાબ વ્યવહાર કરવામાં આવ્યો. બધો જ સ્ટાફ ઉભા થઈ મારી જોડે અભદ્ર ભાષા માં વાત કરી, ધક્કો મારવા માં આવ્યો. લાવેલ અરજી ફેંકી દીધી.. આ બધુ સીસી camera હશે તો તેની રીલ માં જોવા મળશે સિવાય કે ડિસ્ટ્રોય ન કરી હોય. છેવટે આ ખાતું બંધ છે તેવું પાછળ થી જણાવ્યું,, જો ખાતું બંધ જ હોય તો email થી મને મળેલ માહિતી ખોટી હતી જેમાં ડેથ સર્ટિફિકેટ મોકલવા અને નોમિનેશન બાબતે જણાવેલ. આમાં મને ક્યાંક ખોટું થયેલ જણાય છે.આ બધું સામેની off ના સ્ટાફ પણ જોતા હતા. મેં તેમણે પણ આવા ખરાબ વ્યવહાર વિષે વાત કરી.. મારી સિનિયર સિટીજન તરીકે નમ્ર વિનંતી છે કે આ બાબતે જે કોઈ જવાબદાર હોય તેની સામે યોગ્ય કાર્યવાહી કરવા કંપની ના ઉચ્ચ અધિકારી શ્રી ને આ ફરિયાદ સાથે રજૂઆત કરું છું. મારી જોડે બીજા એક કલાયન્ટ હતા તેમની જોડે પણ એક સિનિયર સિટીજન બહેન હતા તેમની જોડે પણ આવું ખરાબ વર્તન કરેલ.. સંસ્થા ને આથી વિનંતી કરું છું કે આવા બિનજવાબદાર સ્ટાફ સામે યોગ્ય દંડનાત્મક કાર્યવાહી કરી અને શું કાર્યવાહી કરી તેની અમોને જાણ કરવા વી. જરૂર પડે ક્યા સ્ટાફે આવું ખરાબ વર્તન કર્યું તેની ઓળખ પણ આપીશું. અને સિનિયર સિટીજન જોડે કરી રીતે વ્યવહાર કરવો તેની શિખ,, સજા સાથે કરવા વિનંતી.. ઉપરી અધિકારી આ બાબતે કાર્યવાહી કરશે એમ માની ને હાલ કોઈ પોલીસ કાર્યવાહી કરતા નથી.. આ અંગે લોકપાલ, sebi તથા અન્ય સંગઠન ને પણ જરૂર પડે જાણ કરીશું.. મિત્રો, આવા ખરાબ સ્ટાફ હોય અને કસ્ટમર સાથે નું વર્તન સારૂ ન લાગે ત્યાં તમારો અવાજ ઉઠાવો, આગળ જાણ કરો, શક્ય હોય તો આવી બ્રાન્ચ માં તમારા ખાતા બંધ કરાવી દો... જવાબદાર ઉચ્ચ અધિકારી શ્રી ઓ આ બાબતે યોગ્ય કાર્યવાહી કરશે અને આ જ મીડિયા દ્વારા ગ્રાહકો ને જાણ થાય તેમ કરેલ કાર્યવાહી ની નોંધ પણ મૂકે તેવી આશા સાથે.
90. Shakur   I Like It. |Report Abuse|  Link|September 8, 2023 11:41:16 AMReply
This broker is not a reliable broker, they complete stole my investment, after my first deposit I made some profits when’s it’s time to withdraw they keep asking for several documents which I provided, customer support just use some copy and paste answers. I had to file a scam recovery case to apexchargeback to help me get my money back, thanks to them I was able to recover the money Nuvama stole. Anyone having similar experience should reach out to apexchargeback.
89. vijay k roy   I Like It. |Report Abuse|  Link|August 27, 2023 11:28:06 AMReply
They are basically full service brokers Their processess are not appropriate for discount brokerage they are in habbit of giving useless advicesregarding subscription plans debenture subscription research report etc I am subscribed to their Lite Plan their aim is not discount broking but get money from customers through subscription plan research report debenture subsription etc Dangerous brokerage
88. Rashan   I Like It. |Report Abuse|  Link|August 9, 2023 7:17:52 AMReply
If I can give 0 star the 0 it is, the lure you into making deposit and take your hard earn money, each time you request for withdrawal there’s always a fee that needs to be paid, that wasn’t what they promised, since I start trading with benarmstrong-trades. com, I’ve been very delighted with the outcome, with the help of the account manager I am getting over 13000 every week, and their process is easier. I wish I can get my money back from Nuvama (Edelweiss). but I am recovery on benarmstrong trades
87. Kailash soni   I Like It. |Report Abuse|  Link|July 19, 2023 10:04:24 AMReply
Hopeless hopeless hopeless, worst service.
Please stay away
86. NIRAV   I Like It. |Report Abuse|  Link|June 29, 2023 10:31:09 PMReply
Excellent Broker


Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
85. Riaz Ahmad Ansari   I Like It. |Report Abuse|  Link|December 23, 2022 1:52:59 AMReply
They are cheater, they deduct more profit money from my account, and over charges. I'm very disappoint with Edelweiss. I complained many times but they didn't solve my problem . Edelweiss is a fraud company. They want only brokerage, extra charges and hidden charges.

Poor service
Extra charges
Hidden charges
High brokerage
More Deduction from my profit money without informing.
They want only their earning from your account.
84. HARSH BHATIA   I Like It. |Report Abuse|  Link|December 19, 2022 2:40:55 PMReply
Unprofessional customer service. Queries and concerns will not be attended / addressed despite multiple follow ups. Promised callbacks will never come after a problem is addressed. Hours of follow up's with multiple people will still get you no results. And many more issues which I rather not add in this forum. One feels completely at mercy of such an unprofessionally managed company.


Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
83. RahulDas   I Like It. |Report Abuse|  Link|October 4, 2022 4:43:13 PMReply
Edelweiss Ratings

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

but they provide Free research, trading tips, and recommendations.
83.1. Ashok Naik   I Like It. |Report Abuse|  Link|November 28, 2022 6:49:52 PM
Edelweiss Broking: My experience and how I am harassed by them...... read on...
If you have no other issues and you want trouble in your life, then I think, you can go to Edelweiss. After going to Edelweiss, am sure, you will feel that sitting at home without any investment was a better option. I have been cheated and made to suffer losses. My account and holding has not been transferred for several days; you may break your head, they are not bothered. Even an escalation to MD or top management doesn't matter. I am sure, you will continue suffering endlessly. Still you want to go to them, only God should come down and help you.
82. Rostislav   I Like It. |Report Abuse|  Link|October 26, 2022 11:32:40 PMReply
The worst airline service to date.
Alongside Swiss denied boarding via Switzerland to Serbia due to made up reasons which didn’t comply with the official government statement.
Worst of all, after providing all documents with further bookings and with new tickets after boarding denial the customer service delivered even worse service by claiming that it’s our responsibility to check all needed documents (regardless of the fact that we’ve posted three different flights, government regulations, flat bookings etc).
It is hard to describe a worse case, Ryanair seems like a Dream airline comparing to this utter rubbish.
81. mayur   I Like It. |Report Abuse|  Link|September 4, 2022 6:57:22 PMReply
Edelweiss provide ipo funding ?
80. S.b.mendapar   I Like It. |Report Abuse|  Link|May 7, 2022 8:49:30 AMReply
In elite plan charges very very high


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Very Poor
79. Swapnil Kadam   I Like It. |Report Abuse|  Link|April 20, 2022 3:15:59 PMReply
Worst Service. No Customer Care Officer/Executive Contacts. They will deduct ledger randomly without notifying and will purposely delay the settlements and fund withdrawal.
Please do not open your DMAT with Edelweiss. Very diappointing services. Illiterate customer care executives. They will ask same questions that we ask them.


Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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