Nuvama (Edelweiss) Vs INDmoney (Compare Nuvama (Edelweiss) and INDmoney)

Nuvama (Edelweiss) Vs INDmoney

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 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	Nuvama (Edelweiss)	INDmoney
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE
Year of Incorporation	2002	2019
Number of Branches	237	1
	Open Nuvama (Edelweiss) Account	Open INDmoney Account

Nuvama (Edelweiss) Vs INDmoney Charges & AMC

Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and INDmoney Demat Account AMC Charges is Rs 0.

	Nuvama (Edelweiss)	INDmoney
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 500 (1st Year Free)	Rs 0

Nuvama (Edelweiss) Vs INDmoney Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account Type	Nuvama (Edelweiss) Nuvama Lite	INDmoney Standard Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order	0.05% of order value or Rs 20, whichever is lower
Equity Intraday	Rs 20 per executed order	0.05% of order value or Rs 20, whichever is lower
Equity Futures	Rs 20 per executed order	Rs 20 per executed order
Equity Options	Rs 20 per executed order	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	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: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Nuvama (Edelweiss) Vs INDmoney Brokerage Plan 2

	Nuvama (Edelweiss)	INDmoney
Account Type	Nuvama Elite	Standard Plan
Fixed Charges	NA
Equity Delivery	0.30%	0.05% of order value or Rs 20, whichever is lower
Equity Intraday	0.03%	0.05% of order value or Rs 20, whichever is lower
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
	Open Nuvama (Edelweiss) Account	Open INDmoney Account

Nuvama (Edelweiss) Charges Vs INDmoney

Minimum Brokerage	0.03% Equity delivery, 0.01% Intra-day and Futures	Rs 2
Other Charges	Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20 per call	Rs 500
	Open Nuvama (Edelweiss) Account	Open INDmoney Account

Nuvama (Edelweiss) Vs INDmoney Leverage (Margin)

Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Nuvama (Edelweiss)	INDmoney
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 Nuvama (Edelweiss) Account	Open INDmoney Account

Compare Nuvama (Edelweiss) and INDmoney Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

	Nuvama (Edelweiss)	INDmoney
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	INDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off Time	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open Nuvama (Edelweiss) Account	Open INDmoney Account

Nuvama (Edelweiss) Vs INDmoney Review

Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.

	Nuvama (Edelweiss)	INDmoney
	79 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews	INDmoney is Rated 4.0 / 5 based on 1 customer reviews

Contact Broker / Request A Call Back

Nuvama (Edelweiss) Vs INDmoney Investment Options

	Nuvama (Edelweiss)	INDmoney
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Nuvama (Edelweiss) Vs INDmoney Order Type Offered

	Nuvama (Edelweiss)	INDmoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
	Open Nuvama (Edelweiss) Account	Open INDmoney Account

Nuvama (Edelweiss) Vs INDmoney Suitable For Investor Type

	Nuvama (Edelweiss)	INDmoney
Casual Investor
Active Investor
Trader

Nuvama (Edelweiss) Vs INDmoney - Pros and Cons

	Nuvama (Edelweiss)	INDmoney
Pros	Full-service broker offering discount brokerage plan. Trade at flat Rs 20 per executed order across all segments in Nuvama Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.	Zero-cost trading account opening. INDmoney AMC charges are Rs 0 (lifetime). Invest in Indian and US stocks from one app. Pledge & Unpledge: Rs 20 + GST per ISIN per request. INDmoney for US stocks: Direct Access (NSEIX) and Zero AMC and Withdrawal Charges. Mutual Fund: Invest in 1600+ Direct Plan Mutual Funds. Invest in NPS: Efficient Retirement Planning. Save up to Rs 62,400/- per year in taxes with NPS. Family Accounts: Manage All your Family Accounts.
Cons	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.	No Margin Trading Funding — Borrowed funds for leveraged trades are not available. No Currency or Commodity Trading — Limited to equity, mutual funds, and US stock segments. No 3-in-1 Account — Banking, demat, and trading are not linked together.
Reviews
Promo / Offers	Nuvama (Edelweiss) Special Offer Trade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 20 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.	INDmoney Special Offer Free stock trading and mutual funds Account Lifetime FREE Demat account AMC Brokerage free Mutual Fund investment Invest in Indian and US stocks from one app 4X instant wallet boost with MTF at just 0.04% interest per day Flat ₹20 brokerage per trade across all F&O segments Zero Fees on US stocks deposits and Withdrawals Track all finances and know your net worth Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today.
	Open Nuvama (Edelweiss) Account	Open INDmoney Account