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 Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO.
YSL offers a 3-in-1 account wherein a bank savings a...
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 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 2002 | 2013 |
| Number of Branches | 237 | 52 |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Yes Securities account opening changes is Rs 999. Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Yes Securities Demat Account AMC Charges is Rs 500.
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 999 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 500 (1st Year Free) | Rs 500 |
Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).
| Account Type | Nuvama (Edelweiss) Nuvama Lite | Yes Securities INVEST Value Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.45% |
| Equity Intraday | Rs 20 per executed order | 0.05%(both Sides) |
| Equity Futures | Rs 20 per executed order | 0.05% | Intraday - 0.02% |
| Equity Options | Rs 20 per executed order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Currency Futures | Rs 20 per executed order | 0.05% | Intraday - 0.02% |
| Currency Options | Rs 20 per executed order | Rs 75 per lot | Intraday - Rs 25 per lot |
| 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) | Yes Securities | |
|---|---|---|
| Account Type | Nuvama Elite | INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover) |
| Fixed Charges | NA | |
| Equity Delivery | 0.30% | 0.40% |
| Equity Intraday | 0.03% | 0.04% |
| Equity Futures | 0.03% | 0.04% | Intraday - 0.02% |
| Equity Options | Rs 75 per lot | Rs 70 per lot | Intraday - Rs 25 per lot |
| Currency Futures | 0.02% | 0.04% | Intraday - 0.02% |
| Currency Options | Rs 20 per lot | Rs 70 per lot | Intraday - Rs 25 per lot |
| Commodity Futures | 0.015% | NA |
| Commodity Options | Rs 30 / lot | NA |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 25 or 2.5% of Trade Value whichever is lower |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
| Call & Trade Charges | Rs 20 per call | Additional Rs 25 per executed order |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Yes Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
| 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. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
| 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 | YesInvest (Website), Yes Trader (Mobile App) |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
79 Customer Reviews  | 5 Customer Reviews | |
| Fees |  |  |
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| Trading Platform |  |  |
| Customer Service | |  |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
| 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) | Yes Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | Yes Securities | |
|---|---|---|
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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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