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... 
About Arihant Capital
Established in 1992, Arihant Capital Markets Limited is a relationship-driven financial services firm with a wide physical presence across India. Its offerings extend beyond trading to include long-term investment and wealth solutions across equities, derivatives, mutual funds, fixed income, PMS, and specialised services for HNIs and NRIs.
Backed by institutional-grade research, portfolio reportin...
Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in 1992, Arihant Capital is a Full Service Broker. It offers trading at BSE, NSE. It has 700 branches across India.
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 2002 | 1992 |
| Number of Branches | 237 | 700 |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Arihant Capital account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Arihant Capital Demat Account AMC Charges is 1st year Nil; from 2nd year onwards Rs 362 p.a..
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 500 (1st Year Free) | 1st year Nil; from 2nd year onwards Rs 362 p.a. |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Arihant Capital brokerage charges for equity is Rs 20 per order | 0.03% (whichever is lower) and intraday is Rs 20 per order | 0.03% (whichever is lower).
| Account Type | Nuvama (Edelweiss) Nuvama Lite | Arihant Capital |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | Rs 20 per executed order | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | Rs 20 per executed order | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | Rs 20 per executed order | Rs 50 per lot |
| Currency Futures | Rs 20 per executed order | 0.01% of order value |
| Currency Options | Rs 20 per executed order | Rs 10 per lot |
| Commodity Futures | 0.030% | MCX: 0.02% order value NCDEX: 0.02% order value |
| Commodity Options | Rs 50 / lot | MCX: Rs 50 per lot NCDEX: Rs 20 per lot |
| Special Offer | 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. | 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. |
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| Account Type | Nuvama Elite | |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Intraday | 0.03% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Futures | 0.03% | Rs 20 per order | 0.03% (whichever is lower) |
| Equity Options | Rs 75 per lot | Rs 50 per lot |
| Currency Futures | 0.02% | 0.01% of order value |
| Currency Options | Rs 20 per lot | Rs 10 per lot |
| Commodity Futures | 0.015% | MCX: 0.02% order value NCDEX: 0.02% order value |
| Commodity Options | Rs 30 / lot | MCX: Rs 50 per lot NCDEX: Rs 20 per lot |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 20 |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | Online Bank Transfer Charges Rs 0 |
| Call & Trade Charges | Rs 20 per call | Rs 0 |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Arihant Capital margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| 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) |
The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Arihant Capital offers ArihantPlus App trading software.
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | |  |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress | ArihantPlus App |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Arihant Capital is rated of 5 based on 0 customer reviews.
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
|  | 79 Customer Reviews     | 0 Customer Reviews    |
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| Broker Rating | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews | Arihant Capital is Rated / 5 based on 0 customer reviews |
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| Contact Broker | 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. | 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. |
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
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| Bond / NCD | | |
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| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
| Casual Investor | | |
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| Â | Nuvama (Edelweiss) | Arihant Capital |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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