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Upstox Vs Nuvama (Edelweiss) (Compare Upstox and Nuvama (Edelweiss))

About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...

Upstox Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

Nuvama (Edelweiss) Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Upstox Vs Nuvama (Edelweiss)

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 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.

	Upstox	Nuvama (Edelweiss)
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2012	2002
Number of Branches	4	237
	Open Upstox Account	Open Nuvama (Edelweiss) Account

Upstox Vs Nuvama (Edelweiss) Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

	Upstox	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 150	Rs 500 (1st Year Free)

Upstox Vs Nuvama (Edelweiss) Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type	Upstox Default	Nuvama (Edelweiss) Nuvama Lite
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order or 2.5% whichever is low	Rs 10 per executed order
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	Rs 10 per executed order
Equity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 10 per executed order
Equity Options	Rs 20 per executed order	Rs 10 per executed order
Currency Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 10 per executed order
Currency Options	Rs 20 per executed order	Rs 10 per executed order
Commodity Futures	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 20 per executed order
Special Offer	Special Offer: Pay flat Rs 20 per trade for delivery, 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.

Upstox Vs Nuvama (Edelweiss) Brokerage Plan 2

	Upstox	Nuvama (Edelweiss)
Account Type	Default	Nuvama Elite
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order or 2.5% whichever is low	0.30%
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	0.03%
Equity Futures	Rs 20 per executed order or 0.05% whichever is lower	0.03%
Equity Options	Rs 20 per executed order	Rs 75 per lot
Currency Futures	Rs 20 per executed order or 0.05% whichever is lower	0.02%
Currency Options	Rs 20 per executed order	Rs 20 per lot
Commodity Futures	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 20 per executed order
	Open Upstox Account	Open Nuvama (Edelweiss) Account

Upstox Charges Vs Nuvama (Edelweiss)

Minimum Brokerage	0.05%	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges	Auto Square-off Charges: Rs 50	Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20 per trade	Rs 20 per call

Upstox Vs Nuvama (Edelweiss) Transaction Charges

Upstox transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (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).

	Upstox	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 3750 per Cr (0.0375%) (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 22 per Cr (0.00022%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 3500 per Cr (0.035%) \| 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	Group A - Rs 290 per Cr (0.0029%)
	Open Upstox Account	Open Nuvama (Edelweiss) Account

Upstox Vs Nuvama (Edelweiss) Leverage (Margin)

Upstox 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.

	Upstox	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)
	Open Upstox Account	Open Nuvama (Edelweiss) Account

Compare Upstox and Nuvama (Edelweiss) Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

	Upstox	Nuvama (Edelweiss)
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time	3:00 PM	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Option strategy builder
	Open Upstox Account	Open Nuvama (Edelweiss) Account

Upstox Vs Nuvama (Edelweiss) Review

Upstox is rated 2.4 of 5 based on 147 customer reviews whereas Nuvama (Edelweiss) is rated 2.8 of 5 based on 78 customer reviews.

	Upstox	Nuvama (Edelweiss)
	147 Customer Reviews	78 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Upstox is rated 2.4 of 5 based on 147 customer reviews	Nuvama (Edelweiss) is rated 2.8 of 5 based on 78 customer reviews

Contact Broker / Request A Call Back

	Upstox Enquire	Nuvama (Edelweiss) Enquire
Contact Broker	Pay flat Rs 20 per trade for delivery, 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.

Upstox Vs Nuvama (Edelweiss) Investment Options

	Upstox	Nuvama (Edelweiss)
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Upstox Vs Nuvama (Edelweiss) Order Type Offered

	Upstox	Nuvama (Edelweiss)
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Upstox Account	Open Nuvama (Edelweiss) Account

Upstox Vs Nuvama (Edelweiss) Research Report

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

Upstox Vs Nuvama (Edelweiss) Suitable For Investor Type

	Upstox	Nuvama (Edelweiss)
Casual Investor
Active Investor
Trader

Upstox Vs Nuvama (Edelweiss) - Pros and Cons

	Upstox	Nuvama (Edelweiss)
Pros	Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers	Upstox Special Offer Exclusive offer by Upstox Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.	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.
	Open Upstox Account	Open Nuvama (Edelweiss) Account

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