TradeSmart Vs Nuvama (Edelweiss) (Compare TradeSmart and Nuvama (Edelweiss))

TradeSmart Vs Nuvama (Edelweiss)

Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	TradeSmart	Nuvama (Edelweiss)
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994	2002
Number of Branches	1	237
	Open TradeSmart Account	Open Nuvama (Edelweiss) Account

TradeSmart Vs Nuvama (Edelweiss) Charges & AMC

TradeSmart trading account opening charges is Free while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). TradeSmart Demat Account AMC Charges is Rs 300 (1st Year Free) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

	TradeSmart	Nuvama (Edelweiss)
Trading Account Opening Charges	Free	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Free	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (1st Year Free)	Rs 500 (1st Year Free)

TradeSmart Vs Nuvama (Edelweiss) Brokerage

TradeSmart brokerage charges for equity is Rs 15 per order and intraday is Rs 15 per order whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type	TradeSmart Power Plan	Nuvama (Edelweiss) Nuvama Lite
Fixed Charges	NA	NA
Equity Delivery	Rs 15 per order	Rs 20 per executed order
Equity Intraday	Rs 15 per order	Rs 20 per executed order
Equity Futures	Rs 15 per order	Rs 20 per executed order
Equity Options	Rs 15 per order	Rs 20 per executed order
Currency Futures	Rs 15 per order	Rs 20 per executed order
Currency Options	Rs 15 per order	Rs 20 per executed order
Commodity Futures	Rs 15 per order	0.030%
Commodity Options	Rs 15 per order	Rs 50 / lot
Special Offer	Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.	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.

TradeSmart Vs Nuvama (Edelweiss) Brokerage Plan 2

	TradeSmart	Nuvama (Edelweiss)
Account Type	Value Plan	Nuvama Elite
Fixed Charges	NA	NA
Equity Delivery	0.07%	0.30%
Equity Intraday	0.007%	0.03%
Equity Futures	0.007%	0.03%
Equity Options	Rs 7 Per Lot	Rs 75 per lot
Currency Futures	0.007%	0.02%
Currency Options	Rs 7 Per Lot	Rs 20 per lot
Commodity Futures	0.007%	0.015%
Commodity Options	Rs 7 Per Lot	Rs 30 / lot
	Open TradeSmart Account	Open Nuvama (Edelweiss) Account

TradeSmart Charges Vs Nuvama (Edelweiss)

Minimum Brokerage	Rs 15 per executed order	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges	Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order	Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20 per executed order	Rs 20 per call
	Open TradeSmart Account	Open Nuvama (Edelweiss) Account

TradeSmart Vs Nuvama (Edelweiss) Leverage (Margin)

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

	TradeSmart	Nuvama (Edelweiss)
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 TradeSmart Account	Open Nuvama (Edelweiss) Account

Compare TradeSmart and Nuvama (Edelweiss) Features

The trading platforms offered TradeSmart include Mobile trading app, Desktop trading application, Browser, APIs. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

	TradeSmart	Nuvama (Edelweiss)
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Mobile trading app, Desktop trading application, Browser, APIs	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time	Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open TradeSmart Account	Open Nuvama (Edelweiss) Account

TradeSmart Vs Nuvama (Edelweiss) Review

TradeSmart is rated of 5 based on 67 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.

	TradeSmart	Nuvama (Edelweiss)
	67 Customer Reviews	79 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	TradeSmart is Rated 4.0 / 5 based on 67 customer reviews	Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews

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TradeSmart Vs Nuvama (Edelweiss) Investment Options

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

TradeSmart Vs Nuvama (Edelweiss) Order Type Offered

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

TradeSmart Vs Nuvama (Edelweiss) Suitable For Investor Type

	TradeSmart	Nuvama (Edelweiss)
Casual Investor
Active Investor
Trader

TradeSmart Vs Nuvama (Edelweiss) - Pros and Cons

	TradeSmart	Nuvama (Edelweiss)
Pros	Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility. TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV. Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them. No minimum amount is needed to open or maintain a trading account with TSO. Customer service is available through live chat on its website. This is very convenient for many customers. TradeSmart has been in the stock broking industry since 1994. TSO's online knowledgebase has a lot of information which is helpful for most customers.	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.
Cons	Call and Trade is charged an extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by the RMS team are charged at Rs 20. 24/7 customer service is not available. Doesn't provide daily market reports, free tips, news alerts and technical analysis. 3-in-1 accounts are not available as the company doesn't provide banking services.	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.
Reviews	Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	TradeSmart Special Offer Flat Rs 15 per trade (FREE Account Opening) Outstanding Support 29+ Years of expertise Advanced Order Types This is a limited-time offer. Open Instant TradeSmart Account online and start trading today.	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.
	Open TradeSmart Account	Open Nuvama (Edelweiss) Account