HDFC Securities Vs Nuvama (Edelweiss) (Compare HDFC Securities and Nuvama (Edelweiss))

About HDFC Securities

Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL ... Know more about HDFC Securities

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... Know more about Nuvama (Edelweiss)

HDFC Securities Vs Nuvama (Edelweiss)

Expand

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 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.

 HDFC SecuritiesNuvama (Edelweiss)
Type of BrokerFull Service BrokerFull Service Broker
Exchnage MembershipBSE, NSEBSE, NSE, MCX, NCDEX
Year of Incorporation20022002
Number of Branches270237

HDFC Securities Vs Nuvama (Edelweiss) Charges & AMC

Expand

HDFC Securities trading account opening charges is Rs 999 while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

 HDFC SecuritiesNuvama (Edelweiss)
Trading Account Opening ChargesRs 999Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 750Rs 500 (1st Year Free)

HDFC Securities Vs Nuvama (Edelweiss) Brokerage

Expand

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account TypeHDFC Securities Lite 199 Yearly Subscription PlanNuvama (Edelweiss) Nuvama Lite
Fixed ChargesRs 199 per yearNA
Equity Delivery0.32%Rs 20 per executed order
Equity Intraday0.032%Rs 20 per executed order
Equity FuturesRs 20 per tradeRs 20 per executed order
Equity OptionsRs 20 per tradeRs 20 per executed order
Currency FuturesRs 20 per executed order
Currency OptionsRs 20 per executed order
Commodity Futures0.030%
Commodity OptionsRs 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.

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.

HDFC Securities Vs Nuvama (Edelweiss) Brokerage Plan 2

Expand
 HDFC SecuritiesNuvama (Edelweiss)
Account TypeAlpha 1,999Nuvama Elite
Fixed ChargesRs 1999 per yearNA
Equity Delivery0.18%0.30%
Equity Intraday0.018%0.03%
Equity FuturesRs 20 per trade0.03%
Equity OptionsRs 20 per tradeRs 75 per lot
Currency Futures0.02%
Currency OptionsRs 20 per lot
Commodity Futures0.015%
Commodity OptionsRs 30 / lot

HDFC Securities Vs Nuvama (Edelweiss) Brokerage Plan 3

Expand
 HDFC SecuritiesNuvama (Edelweiss)
Account TypeAlpha 4999 Yearly Subscription PlanNuvama Lite
Fixed ChargesRs 4,999 per yearNA
Equity Delivery0.10%Rs 20 per executed order
Equity Intraday0.010%Rs 20 per executed order
Equity FuturesRs 20 per tradeRs 20 per executed order
Equity OptionsRs 20 per tradeRs 20 per executed order
Currency FuturesRs 20 per executed order
Currency OptionsRs 20 per executed order
Commodity Futures0.030%
Commodity OptionsRs 50 / lot

HDFC Securities Charges Vs Nuvama (Edelweiss)

Expand
Minimum BrokerageRs. 25 per order on equity segment0.03% Equity delivery, 0.01% Intra-day and Futures
Other ChargesMargin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade ChargesRs 0Rs 20 per call

HDFC Securities Vs Nuvama (Edelweiss) Leverage (Margin)

Expand

HDFC Securities 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.

 HDFC SecuritiesNuvama (Edelweiss)
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)

Compare HDFC Securities and Nuvama (Edelweiss) Features

Expand

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

 HDFC SecuritiesNuvama (Edelweiss)
3 in 1 AccountYesNo
Automated TradingNoNo
Margin Trading FundingNoYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, DigifyEdelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time3:30 PM3:00 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramNoNo
Other FeaturesE-Margin, ENCASH,

HDFC Securities Vs Nuvama (Edelweiss) Review

Expand

HDFC Securities is rated of 5 based on 231 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.

 HDFC SecuritiesNuvama (Edelweiss)
 231 Customer Reviews    Rate HDFC Securities79 Customer Reviews    Rate Nuvama (Edelweiss)
FeesRated 2.1 starsRated 3.0 stars
BrokerageRated 1.8 starsRated 3.0 stars
Trading PlatformRated 2.8 starsRated 3.4 stars
Customer ServiceRated 2.5 starsRated 2.6 stars
Research CapabilitiesRated 2.6 starsRated 2.7 stars
Overall RatingRated 2.1 starsRated 2.8 stars
Broker RatingHDFC Securities is Rated 2.1 / 5 based on 231 customer reviewsNuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews

Contact Broker / Request A Call Back

Expand
 HDFC SecuritiesNuvama (Edelweiss)
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.
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.

HDFC Securities Vs Nuvama (Edelweiss) Investment Options

Expand
 HDFC SecuritiesNuvama (Edelweiss)
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

HDFC Securities Vs Nuvama (Edelweiss) Order Type Offered

Expand
 HDFC SecuritiesNuvama (Edelweiss)
Bracket OrderYesNo
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)YesNo

HDFC Securities Vs Nuvama (Edelweiss) Suitable For Investor Type

Expand
 HDFC SecuritiesNuvama (Edelweiss)
Casual InvestorYesNo
Active InvestorNoYes
TraderNoYes

HDFC Securities Vs Nuvama (Edelweiss) - Pros and Cons

Expand
 HDFC SecuritiesNuvama (Edelweiss)
Pros
  • The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 20 per executed order across all segments in Nuvama Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  • In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of Rs 25
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. 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

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
Compare HDFC SecuritiesCompare Nuvama (Edelweiss)
HDFC Securities Vs 5paisaNuvama (Edelweiss) Vs 5paisa
HDFC Securities Vs Aditya Birla MoneyNuvama (Edelweiss) Vs Aditya Birla Money
HDFC Securities Vs Alice BlueNuvama (Edelweiss) Vs Alice Blue
HDFC Securities Vs Anand RathiNuvama (Edelweiss) Vs Anand Rathi
HDFC Securities Vs Angel OneNuvama (Edelweiss) Vs Angel One
HDFC Securities Vs Arihant CapitalNuvama (Edelweiss) Vs Arihant Capital
HDFC Securities Vs AxisDirectNuvama (Edelweiss) Vs AxisDirect
HDFC Securities Vs Bajaj BrokingNuvama (Edelweiss) Vs Bajaj Broking
HDFC Securities Vs BlinkXNuvama (Edelweiss) Vs BlinkX
HDFC Securities Vs DhanNuvama (Edelweiss) Vs Dhan
HDFC Securities Vs FirstockNuvama (Edelweiss) Vs Firstock
HDFC Securities Vs FyersNuvama (Edelweiss) Vs Fyers
HDFC Securities Vs GeojitNuvama (Edelweiss) Vs Geojit
HDFC Securities Vs GrowwNuvama (Edelweiss) Vs Groww
HDFC Securities Vs ICICIdirectNuvama (Edelweiss) Vs ICICIdirect
HDFC Securities Vs Indiabulls SecuritiesNuvama (Edelweiss) Vs Indiabulls Securities
HDFC Securities Vs INDmoneyNuvama (Edelweiss) Vs INDmoney
HDFC Securities Vs Jainam BrokingNuvama (Edelweiss) Vs Jainam Broking
HDFC Securities Vs Kotak SecuritiesNuvama (Edelweiss) Vs Kotak Securities
HDFC Securities Vs m.StockNuvama (Edelweiss) Vs m.Stock
HDFC Securities Vs Mirae Asset SharekhanNuvama (Edelweiss) Vs Mirae Asset Sharekhan
HDFC Securities Vs Monarch NetworthNuvama (Edelweiss) Vs Monarch Networth
HDFC Securities Vs Motilal OswalNuvama (Edelweiss) Vs Motilal Oswal
HDFC Securities Vs Paytm MoneyNuvama (Edelweiss) Vs Paytm Money
HDFC Securities Vs ProstocksNuvama (Edelweiss) Vs Prostocks
HDFC Securities Vs SahiNuvama (Edelweiss) Vs Sahi
HDFC Securities Vs SAMCONuvama (Edelweiss) Vs SAMCO
HDFC Securities Vs SAS OnlineNuvama (Edelweiss) Vs SAS Online
HDFC Securities Vs SBI SecuritiesNuvama (Edelweiss) Vs SBI Securities
HDFC Securities Vs Share.MarketNuvama (Edelweiss) Vs Share.Market
HDFC Securities Vs TradeSmartNuvama (Edelweiss) Vs TradeSmart
HDFC Securities Vs TradingoNuvama (Edelweiss) Vs Tradingo
HDFC Securities Vs UpstoxNuvama (Edelweiss) Vs Upstox
HDFC Securities Vs Yes SecuritiesNuvama (Edelweiss) Vs Yes Securities
HDFC Securities Vs ZerodhaNuvama (Edelweiss) Vs Zerodha

Side-by-Side Comparison of Broker