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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 analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best... 
About Monarch Networth
Incorporated in 1993, Monarch Networth Capital Limited (MNCL) is a full-service broker that offers a cost-effective fee structure and multiple product offerings.
The company is an accredited stock broker with BSE, NSDL, MCX, NCDEX, NMCE & DGCX and uses NSDL and CDSL for custodial services. It is also registered with AMFI for mutual fund distribution.
Monarch Networth Capital Key Offerings
Product Range
Equities, derivatives, commodities, mutual funds, IPOs, and NPS
Life, health, ...
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 1993, Monarch Networth is a Full Service Broker. It offers trading at BSE, NSE, MCX & NCDEX. It has 71 branches across India.
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX & NCDEX |
| Year of Incorporation | 2002 | 1993 |
| Number of Branches | 237 | 71 |
| Open Nuvama (Edelweiss) Account | Open Monarch Networth Account |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Monarch Networth Demat Account AMC Charges is Rs 350 PA.
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| 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 350 PA |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.
| Account Type | Nuvama (Edelweiss) Nuvama Lite | Monarch Networth General Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.15% |
| Equity Intraday | Rs 20 per executed order | 0.01% |
| Equity Futures | Rs 20 per executed order | Rs 15 per lot |
| Equity Options | Rs 20 per executed order | Rs 15 per lot |
| Currency Futures | Rs 20 per executed order | 0.01% |
| Currency Options | Rs 20 per executed order | Rs 15 per lot |
| Commodity Futures | 0.030% | 0.01% |
| Commodity Options | Rs 50 / lot | Rs 15 per 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: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| Account Type | Nuvama Elite | General Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | 0.15% |
| Equity Intraday | 0.03% | 0.01% |
| Equity Futures | 0.03% | Rs 15 per lot |
| Equity Options | Rs 75 per lot | Rs 15 per lot |
| Currency Futures | 0.02% | 0.01% |
| Currency Options | Rs 20 per lot | Rs 15 per lot |
| Commodity Futures | 0.015% | 0.01% |
| Commodity Options | Rs 30 / lot | Rs 15 per lot |
| Open Nuvama (Edelweiss) Account | Open Monarch Networth Account |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 15 per lot |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
| Call & Trade Charges | Rs 20 per call | |
| Open Nuvama (Edelweiss) Account | Open Monarch Networth Account |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Monarch Networth margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| 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 Monarch Networth Account |
The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Monarch Networth offers trading software.
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| 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 | |
| Intraday Square-off Time | 3:00 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Nuvama (Edelweiss) Account | Open Monarch Networth Account |
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
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 | Monarch Networth is Rated / 5 based on 0 customer reviews |
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| Contact Broker | Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. | FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research |
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| 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 Monarch Networth Account |
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | Monarch Networth | |
|---|---|---|
| Pros |
| FREE account opening! Open an Instant Account & start investing with minimum brokerage along with benefit of research. |
| Cons |
| Free Account Opening
This is a limited time offer. Open an instant account online and start trading today. |
| Reviews | ||
| Promo / Offers | Nuvama (Edelweiss) Special OfferTrade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)
It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes. | Monarch Networth Special OfferMonarch Networth (Equity Delivery: 0.15%)
Open an instant Monarch Networth account online and start trading today. |
| Open Nuvama (Edelweiss) Account | Open Monarch Networth Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Nuvama (Edelweiss) Account
