About Bajaj Broking
Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new... 
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...
Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 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.
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2010 | 2002 |
| Number of Branches | 47 | 237 |
| Open Bajaj Broking Account |
Bajaj Broking trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Bajaj Broking Demat Account AMC Charges is Rs 0 (Free) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
| Bajaj Broking | 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 0 (Free) | Rs 500 (1st Year Free) |
Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.
| Account Type | Bajaj Broking Freedom Plan | Nuvama (Edelweiss) Nuvama Lite |
|---|---|---|
| Fixed Charges | Free for 1st year | Rs.431/year thereafter | NA |
| Equity Delivery | Rs.20 per order | Rs 20 per executed order |
| Equity Intraday | Rs 20 per order | Rs 20 per executed order |
| Equity Futures | Rs 20 per order | Rs 20 per executed order |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.030% | |
| Commodity Options | Rs 50 / lot | |
| Special Offer | Special Offer: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | 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. |
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Professional Pack | Nuvama Elite |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs.10 per order | 0.30% |
| Equity Intraday | Rs 10 per order | 0.03% |
| Equity Futures | Rs 10 per order | 0.03% |
| Equity Options | Rs 10 per order | Rs 75 per lot |
| Currency Futures | 0.02% | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.015% | |
| Commodity Options | Rs 30 / lot | |
| Open Bajaj Broking Account |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | Margin Funding: 0.08%/day, Research: Rs 50 per month, |
| Call & Trade Charges | Rs 20 per trade | Rs 20 per call |
| Open Bajaj Broking Account |
Bajaj Broking 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.
| Bajaj Broking | 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 Bajaj Broking Account |
The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress |
| Intraday Square-off Time | 3:15 PM | 3:00 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Bajaj Broking Account |
Bajaj Broking is rated of 5 based on 17 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
17 Customer Reviews  | 79 Customer Reviews | |
| Fees |  |  |
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| Trading Platform |  |  |
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| Research Capabilities |  |  |
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| Broker Rating | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews |
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
| Contact Broker | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | 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. |
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Broking | 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 Bajaj Broking Account |
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Broking | Nuvama (Edelweiss) | |
|---|---|---|
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| Promo / Offers | Bajaj Broking Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Bajaj Broking Account |
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Open Bajaj Broking Account