5paisa-vs-Nuvama (Edelweiss) - Broker Comparison

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa offers three subscription plans; Regular Account Pack...

5paisa 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

5paisa Vs Nuvama (Edelweiss)

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 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.

	5paisa	Nuvama (Edelweiss)
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	1996	2002
Number of Branches	1	237
	Open 5paisa Account	Open Nuvama (Edelweiss) Account

5paisa Vs Nuvama (Edelweiss) Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

	5paisa	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 300	Rs 500 (1st Year Free)

5paisa Vs Nuvama (Edelweiss) Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type	5paisa Regular Account Plan	Nuvama (Edelweiss) Nuvama Lite
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order	Rs 20 per executed order
Equity Intraday	Rs 20 per executed order	Rs 20 per executed order
Equity Futures	Rs 20 per executed order	Rs 20 per executed order
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order	Rs 20 per executed order
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order	0.030%
Commodity Options	Rs 20 per executed order	Rs 50 / lot
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Special Offer: Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

5paisa Vs Nuvama (Edelweiss) Brokerage Plan 2

	5paisa	Nuvama (Edelweiss)
Account Type	Power Investor Pack	Nuvama Elite
Fixed Charges	Rs 599 per month	NA
Equity Delivery	Rs 10 per executed order	0.30%
Equity Intraday	Rs 10 per executed order	0.03%
Equity Futures	Rs 10 per executed order	0.03%
Equity Options	Rs 10 per executed order	Rs 75 per lot
Currency Futures	Rs 10 per executed order	0.02%
Currency Options	Rs 10 per executed order	Rs 20 per lot
Commodity Futures	Rs 10 per executed order	0.015%
Commodity Options	Rs 10 per executed order	Rs 30 / lot
	Open 5paisa Account	Open Nuvama (Edelweiss) Account

5paisa Vs Nuvama (Edelweiss) Brokerage Plan 3

	5paisa	Nuvama (Edelweiss)
Account Type	Ultra Trader Pack	Nuvama Lite
Fixed Charges	Rs 1199 per month	NA
Equity Delivery	Rs 10 per executed order	Rs 20 per executed order
Equity Intraday	Rs 10 per executed order	Rs 20 per executed order
Equity Futures	Rs 10 per executed order	Rs 20 per executed order
Equity Options	Rs 10 per executed order	Rs 20 per executed order
Currency Futures	Rs 10 per executed order	Rs 20 per executed order
Currency Options	Rs 10 per executed order	Rs 20 per executed order
Commodity Futures	Rs 10 per executed order	0.030%
Commodity Options	Rs 10 per executed order	Rs 50 / lot
	Open 5paisa Account	Open Nuvama (Edelweiss) Account

5paisa Charges Vs Nuvama (Edelweiss)

Minimum Brokerage	Rs 20 per trade	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	Additional ₹20 per order + GST	Rs 20 per call
	Open 5paisa Account	Open Nuvama (Edelweiss) Account

5paisa Vs Nuvama (Edelweiss) Leverage (Margin)

5paisa 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.

	5paisa	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 5paisa Account	Open Nuvama (Edelweiss) Account

Compare 5paisa and Nuvama (Edelweiss) Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

	5paisa	Nuvama (Edelweiss)
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open 5paisa Account	Open Nuvama (Edelweiss) Account

5paisa Vs Nuvama (Edelweiss) Review

5paisa is rated of 5 based on 97 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.

	5paisa	Nuvama (Edelweiss)
	97 Customer Reviews	79 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	5paisa is Rated 2.6 / 5 based on 97 customer reviews	Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews

Contact Broker / Request A Call Back

	5paisa	Nuvama (Edelweiss)
Contact Broker	FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

5paisa Vs Nuvama (Edelweiss) Investment Options

	5paisa	Nuvama (Edelweiss)
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

5paisa Vs Nuvama (Edelweiss) Order Type Offered

	5paisa	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 5paisa Account	Open Nuvama (Edelweiss) Account

5paisa Vs Nuvama (Edelweiss) Suitable For Investor Type

	5paisa	Nuvama (Edelweiss)
Casual Investor
Active Investor
Trader

5paisa Vs Nuvama (Edelweiss) - Pros and Cons

	5paisa	Nuvama (Edelweiss)
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	Full-service broker offering discount brokerage plan. Trade at flat Rs 20 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	Margin funding is given to the customers without notice. These cases cause major confusion, and customers pay hefty interest charges. Call & Trade is available at an additional Rs 20 per order + GST. Research & advisory services are not available in Optimum Plan. 5Paisa doesn't offer NRI Trading services. Doesn't offer 3-in-1 account.	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	5paisa Special Offer 5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.	Nuvama (Edelweiss) Special Offer Trade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 20 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 5paisa Account	Open Nuvama (Edelweiss) Account

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