Anand Rathi Vs Nuvama (Edelweiss) (Compare Anand Rathi and Nuvama (Edelweiss))

Anand Rathi Vs Nuvama (Edelweiss)

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 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.

	Anand Rathi	Nuvama (Edelweiss)
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX, & NCDEX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994	2002
Number of Branches	1200	237
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Anand Rathi Vs Nuvama (Edelweiss) Charges & AMC

Anand Rathi trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

	Anand Rathi	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	450 + GST 18% = 532 (1st year free)	Rs 500 (1st Year Free)

Anand Rathi Vs Nuvama (Edelweiss) Brokerage

Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02% whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type	Anand Rathi Standard Plan	Nuvama (Edelweiss) Nuvama Lite
Fixed Charges	NA	NA
Equity Delivery	0.20%	Rs 20 per executed order
Equity Intraday	0.02%	Rs 20 per executed order
Equity Futures	0.02%	Rs 20 per executed order
Equity Options	Rs 50 per lot	Rs 20 per executed order
Currency Futures	0.02%	Rs 20 per executed order
Currency Options	Rs 20 per lot	Rs 20 per executed order
Commodity Futures	0.02%	0.030%
Commodity Options	Rs 100 per lot	Rs 50 / 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.	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.

Anand Rathi Vs Nuvama (Edelweiss) Brokerage Plan 2

	Anand Rathi	Nuvama (Edelweiss)
Account Type	Standard Plan	Nuvama Elite
Fixed Charges	NA	NA
Equity Delivery	0.20%	0.30%
Equity Intraday	0.02%	0.03%
Equity Futures	0.02%	0.03%
Equity Options	Rs 50 per lot	Rs 75 per lot
Currency Futures	0.02%	0.02%
Currency Options	Rs 20 per lot	Rs 20 per lot
Commodity Futures	0.02%	0.015%
Commodity Options	Rs 100 per lot	Rs 30 / lot
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Anand Rathi Charges Vs Nuvama (Edelweiss)

Minimum Brokerage	Rs 25	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges		Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 0 (Free)	Rs 20 per call
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Anand Rathi Vs Nuvama (Edelweiss) Leverage (Margin)

Anand Rathi 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.

	Anand Rathi	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)
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Compare Anand Rathi and Nuvama (Edelweiss) Features

The trading platforms offered Anand Rathi include TradeMobi, Trade Xpress+ and Tr@de X’pro. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

	Anand Rathi	Nuvama (Edelweiss)
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeMobi, Trade Xpress+ and Tr@de X’pro	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
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Anand Rathi Vs Nuvama (Edelweiss) Review

Anand Rathi is rated of 5 based on 18 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.

	Anand Rathi	Nuvama (Edelweiss)
	18 Customer Reviews	79 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Anand Rathi is Rated 2.9 / 5 based on 18 customer reviews	Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews

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Anand Rathi Vs Nuvama (Edelweiss) Investment Options

	Anand Rathi	Nuvama (Edelweiss)
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Anand Rathi Vs Nuvama (Edelweiss) Order Type Offered

	Anand Rathi	Nuvama (Edelweiss)
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
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Anand Rathi Vs Nuvama (Edelweiss) Suitable For Investor Type

	Anand Rathi	Nuvama (Edelweiss)
Casual Investor
Active Investor
Trader

Anand Rathi Vs Nuvama (Edelweiss) - Pros and Cons

	Anand Rathi	Nuvama (Edelweiss)
Pros	Pan India presence. Option to trade online through web based and mobile trading platforms. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products. Online IPO applicatioan. Loan against Shares and Margin Trading Facility available. Quick and Easy account opening. Research and advisory services.	Full-service broker offering discount brokerage plan. Trade at flat Rs 20 per executed order across all segments in Nuvama Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	Brokerage reduction options available via VAS Plans. Doesn't offer a 3-in-1 account. Separate web-based platform and mobile app for mutual fund investments. Annual Maintenance Fees for Demat Account (with an option for a Lifetime Free Demat Account*).	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers	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. Open Instant Demat Account Read Reviews	Nuvama (Edelweiss) Special Offer Trade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 20 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.
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