5paisa Vs Nuvama (Edelweiss) (Compare 5paisa and Nuvama (Edelweiss))

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. As of August 2025, 5paisa has over 3.85 lakh active traders, according to data from NSE. 5paisa offers online trading in equity on BSE and NSE and commodity trading under MCX. It is a flat... Know more about 5paisa

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 a... Know more about Nuvama (Edelweiss)

5paisa Vs Nuvama (Edelweiss)

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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.

 5paisaNuvama (Edelweiss)
Type of BrokerDiscount BrokerFull Service Broker
Exchnage MembershipNSE, BSEBSE, NSE, MCX, NCDEX
Year of Incorporation19962002
Number of Branches1237
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5paisa Vs Nuvama (Edelweiss) Charges & AMC

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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 (₹75 charged quarterly) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

 5paisaNuvama (Edelweiss)
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 300 (₹75 charged quarterly)Rs 500 (1st Year Free)

5paisa Vs Nuvama (Edelweiss) Brokerage

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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 Type5paisa Regular Account PlanNuvama (Edelweiss) Nuvama Lite
Fixed ChargesNANA
Equity DeliveryRs 20 per executed orderRs 20 per executed order
Equity IntradayRs 20 per executed orderRs 20 per executed order
Equity FuturesRs 20 per executed orderRs 20 per executed order
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency FuturesRs 20 per executed orderRs 20 per executed order
Currency OptionsRs 20 per executed orderRs 20 per executed order
Commodity FuturesRs 20 per executed order0.030%
Commodity OptionsRs 20 per executed orderRs 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.

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.

5paisa Vs Nuvama (Edelweiss) Brokerage Plan 2

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 5paisaNuvama (Edelweiss)
Account TypeRegular Account PlanNuvama Elite
Fixed ChargesNANA
Equity DeliveryRs 20 per executed order0.30%
Equity IntradayRs 20 per executed order0.03%
Equity FuturesRs 20 per executed order0.03%
Equity OptionsRs 20 per executed orderRs 75 per lot
Currency FuturesRs 20 per executed order0.02%
Currency OptionsRs 20 per executed orderRs 20 per lot
Commodity FuturesRs 20 per executed order0.015%
Commodity OptionsRs 20 per executed orderRs 30 / lot
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5paisa Charges Vs Nuvama (Edelweiss)

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Minimum BrokerageRs 20 per trade0.03% Equity delivery, 0.01% Intra-day and Futures
Other ChargesMargin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade ChargesAdditional ₹20 per order + GSTRs 20 per call
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5paisa Vs Nuvama (Edelweiss) Leverage (Margin)

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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.

 5paisaNuvama (Edelweiss)
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 5paisa and Nuvama (Edelweiss) Features

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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.

 5paisaNuvama (Edelweiss)
3 in 1 AccountNoNo
Automated TradingYesNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading Platform5paisa Trade Station (Web, Mobile App and EXE)Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off TimeOptimum Plan: 3:10 PM, Platinum Plan: 3:20 PM3:00 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramYesNo
Other Features
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5paisa Vs Nuvama (Edelweiss) Review

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

 5paisaNuvama (Edelweiss)
 97 Customer Reviews    Rate 5paisa79 Customer Reviews    Rate Nuvama (Edelweiss)
FeesRated 2.9 starsRated 3.0 stars
BrokerageRated 3.5 starsRated 3.0 stars
Trading PlatformRated 2.7 starsRated 3.4 stars
Customer ServiceRated 2.1 starsRated 2.6 stars
Research CapabilitiesRated 2.4 starsRated 2.7 stars
Overall RatingRated 2.6 starsRated 2.8 stars
Broker Rating5paisa is Rated 2.6 / 5 based on 97 customer reviewsNuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews

Contact Broker / Request A Call Back

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 5paisaNuvama (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.
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.

5paisa Vs Nuvama (Edelweiss) Investment Options

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 5paisaNuvama (Edelweiss)
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

5paisa Vs Nuvama (Edelweiss) Order Type Offered

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 5paisaNuvama (Edelweiss)
Bracket OrderYesNo
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)YesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo
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5paisa Vs Nuvama (Edelweiss) Suitable For Investor Type

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 5paisaNuvama (Edelweiss)
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

5paisa Vs Nuvama (Edelweiss) - Pros and Cons

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 5paisaNuvama (Edelweiss)
Pros
  • Flat ₹20 order irrespective of size of trade, segment or exchange.
  • All in one account to invest in stocks, mutual funds, commodity, and currency.
  • FREE and paperless account opening in 5 minutes.
  • Flat Brokerage Charges
  • Free Mutual Fund account
  • Multilingual trading app
  • Free trading platform including mobile app, website and desktop trading terminal. No software charges.
  • Provide Stock Investment Ideas and Research tools
  • Technical calls on both Email and Mobile.
  • Promoted by the IIFL promoters. IIFL is a premier non-banking financial institution in India with experience of over 2 decades.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 20 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
  • 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.
  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

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.

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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