Nuvama (Edelweiss) Vs Firstock (Compare Nuvama (Edelweiss) and Firstock)

Nuvama (Edelweiss) Vs Firstock

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 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.

	Nuvama (Edelweiss)	Firstock
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE
Year of Incorporation	2002	2021
Number of Branches	237
	Open Nuvama (Edelweiss) Account	Open Firstock Account

Nuvama (Edelweiss) Vs Firstock Charges & AMC

Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Firstock account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Firstock Demat Account AMC Charges is Rs 0 (Free).

	Nuvama (Edelweiss)	Firstock
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 500 (1st Year Free)	Rs 0 (Free)

Nuvama (Edelweiss) Vs Firstock Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Firstock brokerage charges for equity is Rs 0 and intraday is Rs 20 per executed order.

Account Type	Nuvama (Edelweiss) Nuvama Lite	Firstock
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order	Rs 0
Equity Intraday	Rs 20 per executed order	Rs 20 per executed order
Equity Futures	Rs 20 per executed order	Rs 20 per order, 0.03% or whichever is lower
Equity Options	Rs 20 per executed order	Rs 20 per order, 0.03% or whichever is lower
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: Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.	Special Offer: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

Nuvama (Edelweiss) Vs Firstock Brokerage Plan 2

	Nuvama (Edelweiss)	Firstock
Account Type	Nuvama Elite
Fixed Charges	NA
Equity Delivery	0.30%	Rs 0
Equity Intraday	0.03%	Rs 20 per executed order
Equity Futures	0.03%	Rs 20 per order, 0.03% or whichever is lower
Equity Options	Rs 75 per lot	Rs 20 per order, 0.03% or whichever is lower
Currency Futures	0.02%
Currency Options	Rs 20 per lot
Commodity Futures	0.015%
Commodity Options	Rs 30 / lot
	Open Nuvama (Edelweiss) Account	Open Firstock Account

Nuvama (Edelweiss) Charges Vs Firstock

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,
Call & Trade Charges	Rs 20 per call	Rs 50
	Open Nuvama (Edelweiss) Account	Open Firstock Account

Nuvama (Edelweiss) Vs Firstock Leverage (Margin)

Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Firstock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Nuvama (Edelweiss)	Firstock
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 Nuvama (Edelweiss) Account	Open Firstock Account

Compare Nuvama (Edelweiss) and Firstock Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.

	Nuvama (Edelweiss)	Firstock
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	Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web
Intraday Square-off Time	3:00 PM	3:25 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		⁠⁠APIs for Algo Trading
	Open Nuvama (Edelweiss) Account	Open Firstock Account

Nuvama (Edelweiss) Vs Firstock Review

Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.

	Nuvama (Edelweiss)	Firstock
	79 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews	Firstock is Rated 3.0 / 5 based on 1 customer reviews

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Nuvama (Edelweiss) Vs Firstock Investment Options

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

Nuvama (Edelweiss) Vs Firstock Order Type Offered

	Nuvama (Edelweiss)	Firstock
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
	Open Nuvama (Edelweiss) Account	Open Firstock Account

Nuvama (Edelweiss) Vs Firstock Suitable For Investor Type

	Nuvama (Edelweiss)	Firstock
Casual Investor
Active Investor
Trader

Nuvama (Edelweiss) Vs Firstock - Pros and Cons

	Nuvama (Edelweiss)	Firstock
Pros	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.	Single-View Dashboard – Access key market data at a glance: index levels, highs & lows, P/E, P/B, dividend yield, put-call ratio, futures, and synthetic futures. Complete Portfolio View – Track P&L, invested/current value, available & used margin, open positions, and sector-wise holdings snapshot. Indices Tab – Stay updated with Nifty, Bank Nifty, and more; view daily/weekly/monthly performance and live market depth. Quick Market Analysis – Assess trends instantly for better trading decisions. One-Click Options Strategies – Execute Straddle or Strangle quickly by selecting strike range and auto-filling orders for fast, error-free execution. Basket Orders – Use predefined or custom multi-leg strategies (e.g., Iron Condor, Straddle). Advanced Strategy Tools – Review, sequence, check payoff charts, verify margin needs, and execute in one click. Reusable Strategies – Save and apply strategies to any instrument later. Clutter-Free Interface – Only the data you need, presented simply.
Cons	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.	Businesses, partnerships, and non-resident Indians (NRIs) have to open accounts offline (in person or via mail). Rs 20 charge for orders like buybacks or delistings. No Currency/Commodity Trading.
Reviews
Promo / Offers	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.	Firstock Special Offer Unlimited Trades @ ZERO Brokerage on Delivery trades Rs 0 brokerage on Delivery. Rs 20 per executed order on F&O and Intraday. This is a limited-time offer. Open a Free Demat Account online and start trading today.
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