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 m.Stock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intrad... ![]()
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 2022, m.Stock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Nuvama (Edelweiss) | m.Stock | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 2002 | 2022 |
| Number of Branches | 237 | 0 |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while m.Stock account opening changes is Rs 0. Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and m.Stock Demat Account AMC Charges is Rs 219 per quarter (Quarterly operating charges).
| Nuvama (Edelweiss) | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 500 (1st Year Free) | Rs 219 per quarter (Quarterly operating charges) |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas m.Stock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 5 per executed orders.
| Account Type | Nuvama (Edelweiss) Nuvama Lite | m.Stock |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order | Rs 5 per executed orders |
| Equity Futures | Rs 20 per executed order | Rs 5 per executed orders |
| Equity Options | Rs 20 per executed order | Rs 5 per executed orders |
| Currency Futures | Rs 20 per executed order | Rs 5 |
| Currency Options | Rs 20 per executed order | Rs 5 |
| Commodity Futures | 0.030% | NA |
| Commodity Options | Rs 50 / lot | NA |
| 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. |
| Nuvama (Edelweiss) | m.Stock | |
|---|---|---|
| Account Type | Nuvama Elite | |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | Rs 0 (Free) |
| Equity Intraday | 0.03% | Rs 5 per executed orders |
| Equity Futures | 0.03% | Rs 5 per executed orders |
| Equity Options | Rs 75 per lot | Rs 5 per executed orders |
| Currency Futures | 0.02% | Rs 5 |
| Currency Options | Rs 20 per lot | Rs 5 |
| Commodity Futures | 0.015% | NA |
| Commodity Options | Rs 30 / lot | NA |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nuvama (Edelweiss) | m.Stock | |
|---|---|---|
| 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 Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. m.Stock offers Mobile App & Web Platform trading software.
| Nuvama (Edelweiss) | m.Stock | |
|---|---|---|
| 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 | Mobile App & Web Platform |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | Buyback Trading | |
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| Nuvama (Edelweiss) | m.Stock | |
|---|---|---|
| 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. |
| Nuvama (Edelweiss) | m.Stock | |
|---|---|---|
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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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