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Geojit Vs Nuvama (Edelweiss) (Compare Geojit and Nuvama (Edelweiss))

Geojit BNP Paribas Logo

About Geojit
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas

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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Geojit Vs Nuvama (Edelweiss)

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 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.

  Geojit Nuvama (Edelweiss)
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX-SX BSE, NSE, MCX, NCDEX
Year of Incorporation 1987 2002
Number of Branches 509 237
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Geojit Vs Nuvama (Edelweiss) Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Geojit Demat Account AMC Charges is Rs 400 per year and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

  Geojit Nuvama (Edelweiss)
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 per year Rs 500 (1st Year Free)

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Geojit Vs Nuvama (Edelweiss) Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type Geojit Online Traditional Plan Nuvama (Edelweiss) Nuvama Lite
Fixed Charges NA
Equity Delivery 0.30% Rs 10 per executed order
Equity Intraday 0.03% Rs 10 per executed order
Equity Futures 0.01% Rs 10 per executed order
Equity Options Rs 50 per lot Rs 10 per executed order
Currency Futures 0.01% Rs 10 per executed order
Currency Options Rs 50 per lot Rs 10 per executed order
Commodity Futures NA
Commodity Options NA
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.

Geojit Vs Nuvama (Edelweiss) Brokerage Plan 2

  Geojit Nuvama (Edelweiss)
Account Type GTrade Max Nuvama Elite
Fixed Charges
Equity Delivery 0.30% 0.30%
Equity Intraday Rs 20 per trade or 0.03% which is lower 0.03%
Equity Futures Rs 40 per lot 0.03%
Equity Options Rs 20 per lot Rs 75 per lot
Currency Futures Rs 40 per lot 0.02%
Currency Options Rs 20 per lot Rs 20 per lot
Commodity Futures NA
Commodity Options NA
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Geojit Charges Vs Nuvama (Edelweiss)

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Intraday Auto Square off at Rs 20 per lot Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per call

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Geojit Vs Nuvama (Edelweiss) Transaction Charges

Geojit 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).

  Geojit 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 NA
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Geojit Vs Nuvama (Edelweiss) Leverage (Margin)

Geojit 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.

  Geojit 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 Geojit and Nuvama (Edelweiss) Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

  Geojit Nuvama (Edelweiss)
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Selfie Platinum, Selfie Gold, Mobile App Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
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Geojit Vs Nuvama (Edelweiss) Review

Geojit is rated 3.6 of 5 based on 111 customer reviews whereas Nuvama (Edelweiss) is rated 2.8 of 5 based on 78 customer reviews.

  Geojit Nuvama (Edelweiss)
  111 Customer Reviews    Rate Geojit 78 Customer Reviews    Rate Nuvama (Edelweiss)
Fees 3.5 3.0
Brokerage 3.2 3.1
Trading Platform 3.9 3.4
Customer Service 3.7 2.7
Research Capabilities 2.7 2.8
Overall Ratings Rated 3.6 stars Rated 2.8 stars
Broker Rating Geojit is rated 3.6 of 5 based on 111 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

  Geojit 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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Geojit Vs Nuvama (Edelweiss) Investment Options

  Geojit Nuvama (Edelweiss)
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

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Geojit Vs Nuvama (Edelweiss) Order Type Offered

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

  Geojit Nuvama (Edelweiss)
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Geojit Vs Nuvama (Edelweiss) Suitable For Investor Type

  Geojit Nuvama (Edelweiss)
Casual Investor
Active Investor Yes Yes
Trader Yes

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Geojit Vs Nuvama (Edelweiss) - Pros and Cons

  Geojit Nuvama (Edelweiss)
Pros
  • Free research and ecommendations.
  • Free account opening.
  • Rs 20 per trade Intraday trading brokerage in GTrade Max plan.
  • 4 times exposure through MTF
  • Access to 472 branches for customer support.
  • Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors.
  • Excellent online trading platforms.
  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
  • High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss.
  • High minimum brokerage charges of Rs 20 per lot or 1 paisa per share whichever is higher.
  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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