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 Jainam Broking
Established in 2003, Jainam Broking Limited is a full-service brokerage firm that offers a range of financial services, including online stock trading and investment platforms. They offer services like equity trading, currency, mutual funds, research and analysis, wealth management, and online brokerage.
Jainam Broking also focuses on research reports, investment advisory, and making investing acc...
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 2003, Jainam Broking is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 2002 | 2003 |
| Number of Branches | 237 | 0 |
| Open Jainam Broking Account |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Jainam Broking account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Jainam Broking Demat Account AMC Charges is Rs 0 (Free).
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| 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 0 (Free) |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Jainam Broking brokerage charges for equity is Rs 18 per order and intraday is Rs 18 per order.
| Account Type | Nuvama (Edelweiss) Nuvama Lite | Jainam Broking DIY Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | Rs 18 per order |
| Equity Intraday | Rs 20 per executed order | Rs 18 per order |
| Equity Futures | Rs 20 per executed order | Rs 18 per order |
| Equity Options | Rs 20 per executed order | Rs 18 per order |
| Currency Futures | Rs 20 per executed order | Rs 18 per order |
| Currency Options | Rs 20 per executed order | Rs 18 per 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. | Special Offer: Enjoy FREE online account opening with Jainam Broking.
Start investing with minimum brokerage of Rs 18 per order.
Open an Instant Account
|
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| Account Type | Nuvama Elite | Premium Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | 0.3% |
| Equity Intraday | 0.03% | 0.03% |
| Equity Futures | 0.03% | 0.03% |
| Equity Options | Rs 75 per lot | Rs 30 per lot |
| Currency Futures | 0.02% | Rs 30 per lot |
| Currency Options | Rs 20 per lot | Rs 30 per lot |
| Commodity Futures | 0.015% | |
| Commodity Options | Rs 30 / lot | |
| Open Jainam Broking Account |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 18 |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
| Call & Trade Charges | Rs 20 per call | Rs 70 per order for DIY Plan and Rs 0 for Premium Plan |
| Open Jainam Broking Account |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Jainam Broking margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| 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 Jainam Broking Account |
The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Jainam Broking offers JLite, JPlus, Strike trading software.
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| 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 | JLite, JPlus, Strike |
| Intraday Square-off Time | 3:00 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Rights Issue, Buybacks, OFS and Mutual Fund Trading via Call & Trade Service. | |
| Open Jainam Broking Account |
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Jainam Broking is rated of 5 based on 0 customer reviews.
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
79 Customer Reviews  | 0 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 | Jainam Broking is Rated / 5 based on 0 customer reviews |
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| 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. | Enjoy FREE online account opening with Jainam Broking.
Start investing with minimum brokerage of Rs 18 per order.
Open an Instant Account
|
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Jainam Broking Account |
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | Jainam Broking | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Jainam Broking Special OfferInvest smart, invest simple — your journey begins at just ₹18 per orderOpen a Free Demat Account online and start trading today. |
| Open Jainam Broking Account |
Expand all
Open Jainam Broking Account