FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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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.
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.
It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.
Nuvama offers 3 types of brokerage plans to suit the varied needs of the traders.
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.
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.
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 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) |
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 |
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.
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:
The nuvamawealth.com 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.
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.
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.
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.
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.
The following are the cons of Nuvama (Edelweiss). Check the list of Nuvama (Edelweiss) drawbacks.
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.
Segment | Margin | Leverage |
---|---|---|
Equity Delivery | 100% of trade value for T+5 days | 1x |
Equity Intraday | Up to 20% of trade value | 5x |
F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
Overall Rating | 2.8/5 |
Fees | 3.0/5 |
Brokerage | 3.1/5 |
Usability | 3.4/5 |
Customer Service | 2.7/5 |
Research Capabilities | 2.8/5 |
Based on 78 Votes by Nuvama (Edelweiss) Customers
Do you trade with Nuvama (Edelweiss)? Rate Nuvama (Edelweiss)
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** | % |
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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.
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, www.Edelweiss.in 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
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:
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
Note:
Steps to Apply for through Net-Banking (ASBA)
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
Financial Proof for F&O Segment Activation
Note: Only 1 of the above documents is required.
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
In the case of net banking, you are taken to your bank's website.
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.
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.
Edelweiss is a trusted, leading full-service stockbroker of India. The advantages of trading in Edelweiss are:
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.
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:
Steps to apply for an IPO through Edelweiss web:
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.
Are you a Zerodha Customer?
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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