About Mirae Asset Sharekhan
Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App an... 
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...
Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2000 | 2002 |
| Number of Branches | 2800 | 237 |
Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 500 (1st Year Free) |
Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.
| Account Type | Mirae Asset Sharekhan Classic Account | Nuvama (Edelweiss) Nuvama Lite |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | Rs 20 per executed order |
| Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | Rs 20 per executed order |
| Equity Futures | 0.02% per transaction value | Rs 20 per executed order |
| Equity Options | Rs 39 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | Rs 20 per executed order |
| Currency Options | Rs 5 per lot | Rs 20 per executed order |
| Commodity Futures | 0.02% | 0.030% |
| Commodity Options | Rs 20 per lot | 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. |
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Prepaid - Rs 1 Lakh | Nuvama Elite |
| Fixed Charges | Rs 1,00,000 per year | NA |
| Equity Delivery | 0.10% | 0.30% |
| Equity Intraday | 0.015% | 0.03% |
| Equity Futures | 0.015% | 0.03% |
| Equity Options | 0.05% or Rs 63 per lot | Rs 75 per lot |
| Currency Futures | 0.02% per transaction value | 0.02% |
| Currency Options | Rs 5 per lot | Rs 20 per lot |
| Commodity Futures | 0.02% | 0.015% |
| Commodity Options | Rs 20 per lot | Rs 30 / lot |
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Margin - Rs 1 Lakh | Nuvama Lite |
| Fixed Charges | Rs 1,00,000 margin | NA |
| Equity Delivery | 0.25% | Rs 20 per executed order |
| Equity Intraday | 0.05% | Rs 20 per executed order |
| Equity Futures | 0.05% | Rs 20 per executed order |
| Equity Options | 1% or Rs 70 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | Rs 20 per executed order |
| Currency Options | Rs 5 per lot | Rs 20 per executed order |
| Commodity Futures | 0.02% | 0.030% |
| Commodity Options | Rs 20 per lot | Rs 50 / lot |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | 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 | Rs 20 per call |
Mirae Asset Sharekhan 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.
| Mirae Asset Sharekhan | 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) |
The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | TradeTiger, Sharekhan Mobile | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress |
| Intraday Square-off Time | 3:30 PM | 3:00 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Pattern finder, Class room training | |
Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
316 Customer Reviews  | 79 Customer Reviews | |
| Fees |  | |
| Brokerage |  | |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews |
| Mirae Asset Sharekhan | Nuvama (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. |
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Mirae Asset Sharekhan | Nuvama (Edelweiss) | |
|---|---|---|
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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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