Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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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 Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer <mark>unlimited Equity and Derivatives Trading at Rs 899 per month</mark> or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl...
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 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 2002 | 2016 |
| Number of Branches | 237 | 1 |
| Open Nuvama (Edelweiss) Account | Open Prostocks Account |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Prostocks account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 500 (1st Year Free) | Rs 0 (Lifetime Zero AMC) |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order.
| Account Type | Nuvama (Edelweiss) Nuvama Lite | Prostocks Flat Rate Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order | Rs 15 per executed order |
| Equity Futures | Rs 20 per executed order | Rs 15 per executed order |
| Equity Options | Rs 20 per executed order | Rs 15 per executed order |
| Currency Futures | Rs 20 per executed order | Rs 15 per executed order |
| Currency Options | Rs 20 per executed order | Rs 15 per executed order |
| Commodity Futures | 0.030% | NA |
| Commodity Options | Rs 50 / lot | NA |
| 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: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
|
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| Account Type | Nuvama Elite | Unlimited Equity Trading Plan |
| Fixed Charges | NA | Rs 899 |
| Equity Delivery | 0.30% | Rs 0 |
| Equity Intraday | 0.03% | Rs 0 |
| Equity Futures | 0.03% | Rs 0 |
| Equity Options | Rs 75 per lot | Rs 0 |
| Currency Futures | 0.02% | NA |
| Currency Options | Rs 20 per lot | NA |
| Commodity Futures | 0.015% | NA |
| Commodity Options | Rs 30 / lot | NA |
| Open Nuvama (Edelweiss) Account | Open Prostocks Account |
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| Account Type | Nuvama Lite | Unlimited Currency Trading Plan |
| Fixed Charges | NA | Rs 499 |
| Equity Delivery | Rs 20 per executed order | NA |
| Equity Intraday | Rs 20 per executed order | NA |
| Equity Futures | Rs 20 per executed order | NA |
| Equity Options | Rs 20 per executed order | NA |
| Currency Futures | Rs 20 per executed order | Rs 0 |
| Currency Options | Rs 20 per executed order | Rs 0 |
| Commodity Futures | 0.030% | NA |
| Commodity Options | Rs 50 / lot | NA |
| Open Nuvama (Edelweiss) Account | Open Prostocks Account |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 0 |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
| Call & Trade Charges | Rs 20 per call | Rs 0 (Free) |
| Open Nuvama (Edelweiss) Account | Open Prostocks Account |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Prostocks margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| 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 Prostocks Account |
The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Prostocks offers ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API trading software.
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| 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 | ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API |
| Intraday Square-off Time | 3:00 PM | Equity 3:15 PM | Curr: 4:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Nuvama (Edelweiss) Account | Open Prostocks Account |
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Prostocks is rated of 5 based on 42 customer reviews.
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
79 Customer Reviews  | 42 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 | Prostocks is Rated 3.2 / 5 based on 42 customer reviews |
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| 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. | Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
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| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| 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 Prostocks Account |
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | Prostocks | |
|---|---|---|
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| Reviews | ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market. ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds. | |
| 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. | Prostocks Special OfferUnlimited Monthly Trading @ Rs 899
This is a limited-time offer. Open FREE Instant Demat Account and start trading today. |
| Open Nuvama (Edelweiss) Account | Open Prostocks Account |
Open Nuvama (Edelweiss) Account