About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL ... ![]()
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 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 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.
| HDFC Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2002 | 2002 |
| Number of Branches | 270 | 237 |
HDFC Securities trading account opening charges is Rs 999 while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
| HDFC Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 750 | Rs 500 (1st Year Free) |
HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.
| Account Type | HDFC Securities Lite 199 Yearly Subscription Plan | Nuvama (Edelweiss) Nuvama Lite |
|---|---|---|
| Fixed Charges | Rs 199 per year | NA |
| Equity Delivery | 0.32% | Rs 20 per executed order |
| Equity Intraday | 0.032% | Rs 20 per executed order |
| Equity Futures | Rs 20 per trade | Rs 20 per executed order |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| 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. |
| HDFC Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Alpha 1,999 | Nuvama Elite |
| Fixed Charges | Rs 1999 per year | NA |
| Equity Delivery | 0.18% | 0.30% |
| Equity Intraday | 0.018% | 0.03% |
| Equity Futures | Rs 20 per trade | 0.03% |
| Equity Options | Rs 20 per trade | Rs 75 per lot |
| Currency Futures | 0.02% | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.015% | |
| Commodity Options | Rs 30 / lot | |
| HDFC Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Alpha 4999 Yearly Subscription Plan | Nuvama Lite |
| Fixed Charges | Rs 4,999 per year | NA |
| Equity Delivery | 0.10% | Rs 20 per executed order |
| Equity Intraday | 0.010% | Rs 20 per executed order |
| Equity Futures | Rs 20 per trade | Rs 20 per executed order |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.030% | |
| Commodity Options | Rs 50 / lot | |
HDFC 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.
| HDFC 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) |
The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
| HDFC 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 | ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify | 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 | E-Margin, ENCASH, | |
HDFC Securities is rated of 5 based on 231 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.
| HDFC Securities | 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. |
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|---|---|---|
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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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