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 Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% w...
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 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 2002 | 0 |
| Number of Branches | 237 | 0 |
| Open Alice Blue Account |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 0. Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Alice Blue Demat Account AMC Charges is Rs 400.
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 500 (1st Year Free) | Rs 400 |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.
| Account Type | Nuvama (Edelweiss) Nuvama Lite | Alice Blue Flat Rs 20 |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 20 per executed order | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 20 per executed order | Rs 20 per order |
| Currency Futures | Rs 20 per executed order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 20 per executed order | Rs 20 per order |
| Commodity Futures | 0.030% | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 50 / lot | Rs 20 per order |
| 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. | Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| Account Type | Nuvama Elite | Flat Rs 20 |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | 0.03% | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | 0.03% | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 75 per lot | Rs 20 per order |
| Currency Futures | 0.02% | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 20 per lot | Rs 20 per order |
| Commodity Futures | 0.015% | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 30 / lot | Rs 20 per order |
| Open Alice Blue Account |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 0 |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
| Call & Trade Charges | Rs 20 per call | Rs 50 per executed order |
| Open Alice Blue Account |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| 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 Alice Blue Account |
The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| 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 | Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time | 3:00 PM | Equity: 3:15PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Alice Blue Account |
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
79 Customer Reviews  | 40 Customer Reviews | |
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| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
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| Broker Rating | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| 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. | Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Alice Blue Account |
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | Alice Blue | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Alice Blue Special OfferFree Equity Delivery TradeTrade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
| Open Alice Blue Account |
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Open Alice Blue Account