Kotak Securities-vs-Nuvama (Edelweiss)

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one o...

Kotak Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

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...

Nuvama (Edelweiss) Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

Kotak Securities Vs Nuvama (Edelweiss)

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 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.

	Kotak Securities	Nuvama (Edelweiss)
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994	2002
Number of Branches	153	237
	Open Kotak Securities Account	Open Nuvama (Edelweiss) Account

Kotak Securities Vs Nuvama (Edelweiss) Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

	Kotak Securities	Nuvama (Edelweiss)
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 600	Rs 500 (1st Year Free)

Kotak Securities Vs Nuvama (Edelweiss) Brokerage

Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type	Kotak Securities Trade Free Plan	Nuvama (Edelweiss) Nuvama Lite
Fixed Charges		NA
Equity Delivery	0.20%	Rs 20 per executed order
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 20 per executed order
Equity Futures	Rs 10 per order	Rs 20 per executed order
Equity Options	Rs 10 per order	Rs 20 per executed order
Currency Futures	Rs 10 per order	Rs 20 per executed order
Currency Options	Rs 10 per order	Rs 20 per executed order
Commodity Futures	Rs 10 per order	0.030%
Commodity Options	Rs 10 per order	Rs 50 / lot
Special Offer	Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now	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.

Kotak Securities Vs Nuvama (Edelweiss) Brokerage Plan 2

	Kotak Securities	Nuvama (Edelweiss)
Account Type	Trade Free Youth	Nuvama Elite
Fixed Charges		NA
Equity Delivery	Rs 0	0.30%
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	0.03%
Equity Futures	Rs 10 per order	0.03%
Equity Options	Rs 10 per order	Rs 75 per lot
Currency Futures	Rs 10 per order	0.02%
Currency Options	Rs 10 per order	Rs 20 per lot
Commodity Futures	Rs 10 per order	0.015%
Commodity Options	Rs 10 per order	Rs 30 / lot
	Open Kotak Securities Account	Open Nuvama (Edelweiss) Account

Kotak Securities Vs Nuvama (Edelweiss) Brokerage Plan 3

	Kotak Securities	Nuvama (Edelweiss)
Account Type	Trade Free Pro	Nuvama Lite
Fixed Charges		NA
Equity Delivery	0.10%	Rs 20 per executed order
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 20 per executed order
Equity Futures	Rs 10 per order	Rs 20 per executed order
Equity Options	Rs 10 per order	Rs 20 per executed order
Currency Futures	Rs 10 per order	Rs 20 per executed order
Currency Options	Rs 10 per order	Rs 20 per executed order
Commodity Futures	Rs 10 per order	0.030%
Commodity Options	Rs 10 per order	Rs 50 / lot
	Open Kotak Securities Account	Open Nuvama (Edelweiss) Account

Kotak Securities Charges Vs Nuvama (Edelweiss)

Minimum Brokerage		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 49 + GST per executed order	Rs 20 per call
	Open Kotak Securities Account	Open Nuvama (Edelweiss) Account

Kotak Securities Vs Nuvama (Edelweiss) Leverage (Margin)

Kotak 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.

	Kotak Securities	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 Kotak Securities Account	Open Nuvama (Edelweiss) Account

Compare Kotak Securities and Nuvama (Edelweiss) Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

	Kotak Securities	Nuvama (Edelweiss)
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time		3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account
	Open Kotak Securities Account	Open Nuvama (Edelweiss) Account

Kotak Securities Vs Nuvama (Edelweiss) Review

Kotak Securities is rated of 5 based on 200 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.

	Kotak Securities	Nuvama (Edelweiss)
	200 Customer Reviews	79 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews	Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews

Contact Broker / Request A Call Back

	Kotak Securities	Nuvama (Edelweiss)
Contact Broker	Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now	Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Kotak Securities Vs Nuvama (Edelweiss) Investment Options

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

Kotak Securities Vs Nuvama (Edelweiss) Order Type Offered

	Kotak Securities	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 Kotak Securities Account	Open Nuvama (Edelweiss) Account

Kotak Securities Vs Nuvama (Edelweiss) Suitable For Investor Type

	Kotak Securities	Nuvama (Edelweiss)
Casual Investor
Active Investor
Trader

Kotak Securities Vs Nuvama (Edelweiss) - Pros and Cons

	Kotak Securities	Nuvama (Edelweiss)
Pros	Kotak Securities is a bank-based broker offering a 3-in-1 account. Brokerage free intraday trading with online trading plans. Zero brokerage across all segments for investors up to the age of 30 years. Company is part of leading private bank (Kotak Mahindra Bank). NEST trading platform is available for frequent traders. Charges are lowest amoung bank-based brokers.	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	High Equity delivery brokerage charges. High demat AMC changes. Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox. A widely advertised Zero Stock Delivery Brokerage Plan is available only to investors up to the age of 30 years. The account switching fees for existing clients is Rs 499. Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.	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	Kotak Securities Special Offer Kotak Securities Trade Free Plan Open a 3-in-1 account and get: Brokerage-Rs 10 Intraday trades (Equity and F&O). Flat Rs. 10 per trade brokerage in F&O Interested in opening a trading account? Open Instant Account Now	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.
	Open Kotak Securities Account	Open Nuvama (Edelweiss) Account

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