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About Bajaj Financial
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL.
BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities.
BFSL has two trading platforms - BFSLTrade App (m... 
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...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 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 Financial | 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 | 6 | 237 |
| Open Bajaj Financial Account | Open Nuvama (Edelweiss) Account |
Bajaj Financial trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 899 per year | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 500 (1st Year Free) |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) 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 Financial Freedom Plan | Nuvama (Edelweiss) Nuvama Lite |
|---|---|---|
| Fixed Charges | Rs 431 per year | NA |
| Equity Delivery | Rs 0 (Free) | 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: Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | 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. |
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Professional Pack | Nuvama Elite |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs 0 (Free) | 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 Financial Account | Open Nuvama (Edelweiss) Account |
| Minimum Brokerage | Rs 5 per executed order | 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 Financial Account | Open Nuvama (Edelweiss) Account |
Bajaj Financial 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 Financial | 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 Financial Account | Open Nuvama (Edelweiss) Account |
The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | | |
| Margin Trading Funding |  | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) | 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 Financial Account | Open Nuvama (Edelweiss) Account |
Bajaj Financial is rated of 5 based on 16 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
16 Customer Reviews  | 79 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Bajaj Financial is Rated 3.0 / 5 based on 16 customer reviews | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews |
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
| Contact Broker | Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. |
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Financial | 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 Financial Account | Open Nuvama (Edelweiss) Account |
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Financial | Nuvama (Edelweiss) | |
|---|---|---|
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| Promo / Offers | Bajaj Financial 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. | Nuvama (Edelweiss) Special OfferTrade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)
It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes. |
| Open Bajaj Financial Account | Open Nuvama (Edelweiss) Account |
Open Bajaj Financial Account