Nuvama (Edelweiss) Customer Reviews, Complaints and Feedback (Page 5)
Nuvama (Edelweiss) Account Opening Enquiry
Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Accountin 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...
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.
They are liars. While a/c opening their rep Mr. Mohit committed discount brokerage rates. Later when I checked rates in my profile section it was very very high. I called their rep and he told me that it will be corrected but t never happened. Ther RM is also not traceable on cell. Their customer car on phone is not responsive neither ther helpline over e mail. Truely bad. Never try otherwise u will waste ur time. They are charging 30p in equity and Rs.75/- per lot in FnO while they p[romised to charge 1p (euity delivery) and Rs.5/-(in F n O)
Ratings:
Brokerage - Very Poor Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Very Poor Overall Experience - Very Poor
The Charges in the account are more than what expected at the initial. I personally request concerned authorities to reduce the brokerage burden so that I can start the intra-day trading and placing the orders at low profit margins.
Ratings:
Brokerage - Below Average Account Maintenance Fees - Below Average Website Usability - Above Average Customer Service - Below Average Overall Experience - Below Average
15. Chaitanya K R|| Link|October 16, 2018 11:53:24 PMReply
It's horrible.. they have simply charged money even if I didn't use their platform .. moreover they cost a bomb anyway
Ratings:
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
customer care service is poorest then even telecom sector, customer can not check the service charges brokerage charges details at his login and what type of plan of demat account he is using no idea. when you ask for details your personal advisor never give proper info. many other issue i have faced.
Ratings:
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Below Average Customer Service - Very Poor Overall Experience - Below Average
They r charging me Rs.30/- per lot per leg of option , I approached them to reduce the brokerage to Rs.20/- per lot per leg but the are so adamant that the r ready to leave the client and the business from the client but will not reduce it to Rs.20/- per lot. I think it is just bad business policy. Because of long association I was biased about Edelweiss but their current policy is forcing me to select other broker because their brokerage amount is eating maximum of my profit.
I applied for closure of my D/Mat A/C No/Trd A/C No-31901055 in your Amritsar franchisee giving five applications last year. Ultimately wasting a lot of time and charging AMC for next year I was informed that my A/C was closed & shares transferred to Sharekhan Ltd.Now I am being reminded by your DP to submit Adhar Card.It clearly ascertains that my A/C has not been closed permanently.It is the most intolerable behavior of the co.If I am reminded again I will complain to The SEBI/min of Co. affairs.Really you co. is not worthy of association in the future.
Collect advance brokerage amount through their plan. What about refund of the same if I abruptly decided not to trade with Edelweiss for some reason or the other, as I have done for now. RM does not contact for solving problem. Shameful!
Ratings:
Brokerage - Below Average Account Maintenance Fees - Average Website Usability - Average Customer Service - Very Poor Overall Experience - Below Average
Edelweiss does not support GTC orders on equities; the information on is misleading. Moreover edelweiss does not support applying IPO online through it''s website; you''ll either need to visit their branch or apply through your bank through ASBA.
poor follow up & CUSTOMER SERVICE.BEHAVIOR of staff is not friendly (poor)
Ratings:
Brokerage - Average Account Maintenance Fees - Average Website Usability - Above Average Customer Service - Very Poor Overall Experience - Below Average
i am trading right now they are deducting the profit . and i did not the demo of software after various request and after submitting the docs my f&o is not active after 1 month period.
Ratings:
Brokerage - Below Average Account Maintenance Fees - Below Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
If you want relationship wth him then continue with edeilweiss otherwise no need to work.i am also used edeilweiss in starting and my first demat account in edeilweiss.but after sometime I switched to zerodha and I saved my big money in brokearge.if you confident to get 3 to 10 point in every script in intraday so no need to change.but if you working in small target like 0.50 to 1 rupay then switch to zerodha and save your brokerage.worst broker.they earn but you cant earn by them.go with sasonline or zerodha or any discount broker but leave this immitiately because they charge on% basis and nothing special provide.i first open in sharkhan after 2 month I open in zerodha and I saved lots of money and start earning.and rest is your desition.wisdom capital and rksv is also good.i am using zerodha.
1 lakh turnover edeilweiss charge 50 ruppes
and
1 lakh turn over zerodha charge 30 rupees brokeage
so you saved 20 ruppes and same as in mcx commodity market.margin is also provided but no delivery margin provided
They collect commission in advance, but provide very very poor quality of service. They do not even give delivery slips which is a must under SEBI guidelines. Do not deal with the firm.
Ratings:
Brokerage - Below Average Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Very Poor Overall Experience - Very Poor
I am using edelweiss services for a year and half and quite satisfied with them. I took one of there prepaid plan with 1 year of validity and with that I paid pretty low brokerage in comparison to Religare which I used earlier. While I get there research report but do not base my trades on it. RM is good too.
Ratings:
Brokerage - Above Average Account Maintenance Fees - Average Website Usability - Above Average Customer Service - Below Average Overall Experience - Above Average