About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox tra... 
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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 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.
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2012 | 2002 |
| Number of Branches | 4 | 237 |
| Open Upstox Account |
Upstox trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
| Upstox | 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 150 | Rs 500 (1st Year Free) |
Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed 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 | Upstox Default | Nuvama (Edelweiss) Nuvama Lite |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | Rs 20 per executed order |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order |
| Equity Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order |
| Currency Options | Rs 20 per executed order | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | 0.030% |
| Commodity Options | Rs 20 per executed order | Rs 50 / lot |
| Special Offer | Special Offer: Pay flat Rs 20 per trade for delivery, 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. |
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Default | Nuvama Elite |
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order or 2.5% whichever is low | 0.30% |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | 0.03% |
| Equity Futures | Rs 20 per executed order or 0.05% whichever is lower | 0.03% |
| Equity Options | Rs 20 per executed order | Rs 75 per lot |
| Currency Futures | Rs 20 per executed order or 0.05% whichever is lower | 0.02% |
| Currency Options | Rs 20 per executed order | Rs 20 per lot |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is lower | 0.015% |
| Commodity Options | Rs 20 per executed order | Rs 30 / lot |
| Open Upstox Account |
| Minimum Brokerage | 0.05% | 0.03% Equity delivery, 0.01% Intra-day and Futures |
| Other Charges | Auto Square-off Charges: Rs 50 | Margin Funding: 0.08%/day, Research: Rs 50 per month, |
| Call & Trade Charges | Rs 20 per trade | Rs 20 per call |
| Open Upstox Account |
Upstox 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.
| Upstox | 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 Upstox Account |
The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress |
| Intraday Square-off Time | 3:00 PM | 3:00 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Option strategy builder | |
| Open Upstox Account |
Upstox is rated of 5 based on 150 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
150 Customer Reviews  | 79 Customer Reviews | |
| Fees |  |  |
| Brokerage | | |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  |  |
| Overall Rating |  |  |
| Broker Rating | Upstox is Rated 2.4 / 5 based on 150 customer reviews | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews |
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
| Contact Broker | Pay flat Rs 20 per trade for delivery, 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. |
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Upstox | 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 Upstox Account |
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Upstox | Nuvama (Edelweiss) | |
|---|---|---|
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| Promo / Offers | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Upstox Account |
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