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...
About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO.
Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c...
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, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 0 branches across India.
Nuvama (Edelweiss) | SAMCO | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 2002 | 0 |
Number of Branches | 237 | 0 |
Open Nuvama (Edelweiss) Account |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and SAMCO Demat Account AMC Charges is Rs 400.
Nuvama (Edelweiss) | SAMCO | |
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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 400 |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).
Account Type | Nuvama (Edelweiss) Nuvama Lite | SAMCO Standard |
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Fixed Charges | NA | NA |
Equity Delivery | Rs 20 per executed order | Rs 20 per trade or 0.50% (whichever is lower) |
Equity Intraday | Rs 20 per executed order | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Futures | Rs 20 per executed order | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Options | Rs 20 per executed order | Rs 20 per trade |
Currency Futures | Rs 20 per executed order | Rs 20 per trade or 0.05% (whichever is lower) |
Currency Options | Rs 20 per executed order | Rs 20 per trade |
Commodity Futures | 0.030% | Rs 20 per trade or 0.05% (whichever is lower) |
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: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
Nuvama (Edelweiss) | SAMCO | |
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Account Type | Nuvama Elite | Standard |
Fixed Charges | NA | NA |
Equity Delivery | 0.30% | Rs 20 per trade or 0.50% (whichever is lower) |
Equity Intraday | 0.03% | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Futures | 0.03% | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Options | Rs 75 per lot | Rs 20 per trade |
Currency Futures | 0.02% | Rs 20 per trade or 0.05% (whichever is lower) |
Currency Options | Rs 20 per lot | Rs 20 per trade |
Commodity Futures | 0.015% | Rs 20 per trade or 0.05% (whichever is lower) |
Commodity Options | Rs 30 / lot | |
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Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments |
Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
Call & Trade Charges | Rs 20 per call | Rs 20 per executed order |
Open Nuvama (Edelweiss) Account |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Nuvama (Edelweiss) | SAMCO | |
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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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The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.
Nuvama (Edelweiss) | SAMCO | |
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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 | Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star |
Intraday Square-off Time | 3:00 PM | 3:15 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | Margin Products - CashPlus, StockPlus, and BTPT | |
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Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.
Nuvama (Edelweiss) | SAMCO | |
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Contact Broker | Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. | Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
Nuvama (Edelweiss) | SAMCO | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Nuvama (Edelweiss) | SAMCO | |
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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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Nuvama (Edelweiss) | SAMCO | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Nuvama (Edelweiss) | SAMCO | |
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Promo / Offers | Nuvama (Edelweiss) Special OfferTrade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)
It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes. | SAMCO Special OfferFree Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year
It is a limited-time offer. Open Instant Account online and start trading the same day. |
Open Nuvama (Edelweiss) Account |