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Aditya Birla Money Vs Nuvama (Edelweiss) (Compare Aditya Birla Money and Nuvama (Edelweiss))

Aditya Birla Money Ltd Logo

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money Ltd

Nuvama Wealth & Investment Limited Logo

About Nuvama (Edelweiss)
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... Know more about Nuvama Wealth & Investment Limited

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Aditya Birla Money Vs Nuvama (Edelweiss)

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  Aditya Birla Money Nuvama (Edelweiss)
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2002
Number of Branches 800 237
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Aditya Birla Money Vs Nuvama (Edelweiss) Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

  Aditya Birla Money Nuvama (Edelweiss)
Trading Account Opening Charges Rs 750 Rs 0 (Free)
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 0 (Free)
Demat Account AMC Charges Rs 436 Rs 500 (1st Year Free)

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Aditya Birla Money Vs Nuvama (Edelweiss) Brokerage

Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type Aditya Birla Money Trade20 Nuvama (Edelweiss) Nuvama Lite
Fixed Charges NA
Equity Delivery 20 Rs 10 per executed order
Equity Intraday 20 Rs 10 per executed order
Equity Futures 20 Rs 10 per executed order
Equity Options 20 Rs 10 per executed order
Currency Futures 20 Rs 10 per executed order
Currency Options 20 Rs 10 per executed order
Commodity Futures
Commodity Options
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.

Aditya Birla Money Vs Nuvama (Edelweiss) Brokerage Plan 2

  Aditya Birla Money Nuvama (Edelweiss)
Account Type Trade15 (Subscription Rs 999) Nuvama Elite
Fixed Charges
Equity Delivery 15 0.30%
Equity Intraday 15 0.03%
Equity Futures 15 0.03%
Equity Options 15 Rs 75 per lot
Currency Futures 15 0.02%
Currency Options 15 Rs 20 per lot
Commodity Futures
Commodity Options
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Aditya Birla Money Vs Nuvama (Edelweiss) Brokerage Plan 3

  Aditya Birla Money Nuvama (Edelweiss)
Account Type Trade10 (Subscription Rs 2499) Nuvama Lite
Fixed Charges NA
Equity Delivery 10 Rs 10 per executed order
Equity Intraday 10 Rs 10 per executed order
Equity Futures 10 Rs 10 per executed order
Equity Options 10 Rs 10 per executed order
Currency Futures 10 Rs 10 per executed order
Currency Options 10 Rs 10 per executed order
Commodity Futures
Commodity Options
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Aditya Birla Money Charges Vs Nuvama (Edelweiss)

Minimum Brokerage Rs 20 per executed order 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Nil Rs 20 per call

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Aditya Birla Money Vs Nuvama (Edelweiss) Transaction Charges

Aditya Birla Money transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Nuvama (Edelweiss) exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Aditya Birla Money Nuvama (Edelweiss)
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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Aditya Birla Money Vs Nuvama (Edelweiss) Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nuvama (Edelweiss) margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Aditya Birla Money Nuvama (Edelweiss)
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Aditya Birla Money and Nuvama (Edelweiss) Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

  Aditya Birla Money Nuvama (Edelweiss)
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Etrade, Advanced web, Mobile invest Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time 3:15 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Insurance and Pension scheme available
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Aditya Birla Money Vs Nuvama (Edelweiss) Review

Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews whereas Nuvama (Edelweiss) is rated 2.8 of 5 based on 78 customer reviews.

  Aditya Birla Money Nuvama (Edelweiss)
  30 Customer Reviews    Rate Aditya Birla Money 78 Customer Reviews    Rate Nuvama (Edelweiss)
Fees 3.2 3.0
Brokerage 3.2 3.1
Trading Platform 3.3 3.4
Customer Service 2.9 2.7
Research Capabilities 3.7 2.8
Overall Ratings Rated 3.0 stars Rated 2.8 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews Nuvama (Edelweiss) is rated 2.8 of 5 based on 78 customer reviews

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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire Nuvama (Edelweiss) Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Aditya Birla Money Vs Nuvama (Edelweiss) Investment Options

  Aditya Birla Money Nuvama (Edelweiss)
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds

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Aditya Birla Money Vs Nuvama (Edelweiss) Order Type Offered

  Aditya Birla Money Nuvama (Edelweiss)
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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Aditya Birla Money Vs Nuvama (Edelweiss) Research Report

  Aditya Birla Money Nuvama (Edelweiss)
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Aditya Birla Money Vs Nuvama (Edelweiss) Suitable For Investor Type

  Aditya Birla Money Nuvama (Edelweiss)
Casual Investor Yes
Active Investor Yes
Trader Yes

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Aditya Birla Money Vs Nuvama (Edelweiss) - Pros and Cons

  Aditya Birla Money Nuvama (Edelweiss)
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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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.

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