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... 
About Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea...
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 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 2002 | 2023 |
| Number of Branches | 237 | 0 |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Share.Market account opening changes is Rs 0 (free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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 180 (free for 1st year) |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Share.Market brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
| Account Type | Nuvama (Edelweiss) Nuvama Lite | Share.Market ZERO brokerage till 31st Mar 2025 |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order | Rs 0 (Free) |
| Equity Futures | Rs 20 per executed order | Rs 0 (Free) |
| Equity Options | Rs 20 per executed order | Rs 0 (Free) |
| 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 | 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. |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Account Type | Nuvama Elite | Default Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Intraday | 0.03% | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | 0.03% | Rs 20 per executed order |
| Equity Options | Rs 75 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.015% | |
| Commodity Options | Rs 30 / lot | |
| 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 20 per call | |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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) |
The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Share.Market offers Share.Market website and mobile app trading software.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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 | Share.Market website and mobile app |
| Intraday Square-off Time | 3:00 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
79 Customer Reviews  | 3 Customer Reviews | |
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| Broker Rating | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews | Share.Market is Rated 3.7 / 5 based on 3 customer reviews |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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. |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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