Nuvama (Edelweiss) Stock Trading, Demat, Brokerage and Reviews 2026

Nuvama (Edelweiss) Logo

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 array of trading platforms available for all mediums (Mobile app, a website & desktop trading software). All trading platforms are equally good & easy to understand, with Nuvama Mobile Trader app being the highest-rated app in India.

Edelweiss Group has a strong presence across India with over 475 offices in 200 locations. It has 11,938 employees catering to over 12 lakh clients across various businesses.

Nuvama has won many awards for its services and use of technology. Some of the major awards won in recent times include ABP BFSI Awards 2017, National Digital Marketing Awards, 2017 and Best Broker in India at Finance Asia (Hongkong) Country Awards 2016 and BBC Knowledge.

Nuvama (Edelweiss) Member Code & SEBI Registration

SEBI RegistrationNSE Member codeNet Worth (In ₹ Cr.)
INZ000005231131160.00

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Nuvama (Edelweiss) Charges 2026

Nuvama offers 3 types of brokerage plans to suit the varied needs of the traders.

  1. Nuvama Lite (Discount Brokerage Plan)

    The next generation online trading plan is for people who can trade online with the tools provide and with minimum support from the broker. This plan offers trading at ultra-low brokerage fee of flat Rs 20 per executed order across all trading segment at BSE, NSE and MCX.

  2. Nuvama Elite

    Under this plan, the company charges a percentage of the trade value as the brokerage. This full service plan offers personalized trading experience by providing you relationship managers at no extra cost.

  3. Advance Subscription (prepaid) Plans

    Under advanced subscription or prepaid plans, customers have to pay a lump sum amount upfront for 12 months. The brokerage charged under prepaid plans is much lower than that of Standard Plan. This plan is for active traders who also get personal relationship manager, higher leverage, free research & training and a low brokerage fees included in the plan itself.


1. Account Opening Fees & Annual maintenance charges (AMC)

Nuvama offers free account opening for trading and demat accounts. The Nuvama Demat Account Annual Maintenance Charges is Rs 500 per year. The demat AMC is free for the first year.

Trading and Demat Account Opening Charges Rs 0 (Free)
Demat Account AMC Rs 500 per annum (1st Year Free)

2. Nuvama Lite Plan Charges

Nuvama Lite Plan is a flat-rate discount brokerage plan offered to online customers. They charge flat Rs 20 per executed order for trading in equity delivery, intraday and F&O. The same brokerage is charged for trading in currency derivatives.

Segment Brokerage Charges
Equity Delivery & Intra-day Rs 20 per executed order
Equity Futures & Options Rs 20 per executed order
Currency Futures & Options Rs 20 per executed order

3. Nuvama Elite Plan Charges

Nuvama Elite Plan is a traditional full-service brokerage plan. They charge 0.30% for equity delivery, 0.03% for equity intraday and futures, Rs 75 per lot for equity options, 0.02% for currency futures and Rs 20 per lot for currency options. This plan offers online & offline trading, personal relationship manager, free research and many other benefits.

Segment Brokerage Charges
Equity Delivery 0.30%
Equity Intra-day 0.03%
Equity Futures 0.03%
Equity Options Rs 75 per lot
Currency Futures 0.02%
Currency Options Rs 20 per lot

VisitNuvama (Edelweiss) Brokerage Charges Reviewfor more detail.


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Nuvama (Edelweiss) Online Account Opening

Steps to open an account online with Nuvama

You could open your account online instantly if your Aadhar number is linked with your phone number for OTP verification. Following are the steps to open an online account:

  1. Visit our Online Account Opening page by clicking here
  2. Enter your profile information
  3. Select your brokerage rates plan
  4. Video IPV: Record the video and complete the video IPV stage
  5. Document Upload: Upload a softcopy of documents
  6. E-Sign: Click on the E-Sign option and complete the required steps.

Nuvama (Edelweiss) Trading Software (Nuvama (Edelweiss) Trading Platforms)

  1. Website https://www.nuvamawealth.com/

    The nuvamawealth.com website is a free online trading platform offering trading and investment in financial products including stock, commodity and mutual funds. The website also offers portfolio tracking, charting, news and an instant fund transfer services.

    Another key feature of this website is the 'Quick Trading Toolbar' which allows customers to trade instantly. This toolbar also keeps track of all recent activities i.e. stocks viewed, pages surfed/taking position/tracking stock or contracts.

    Nuvama also has a low bandwidth website (Mobile WAP) which enables customers to trade on the mobile devices. Using this extremely light website customers can place trades and monitor stock positions in real-time on the mobile phone.

  2. Nuvama Xpress

    The Xpress a free web browser based trading application offering terminal-like experience without installing any software on your computer.

    Build with Java-based technology, Xpress is a browser based application which replicates the trading terminal by providing live streaming of stock quotes.

    Nuvama Xpress allows Nuvama customers to buy & sell equity and derivatives directly from the Xpress screen in Delivery, Intraday and T+5 segments.

  3. Nuvama Xtreme Trader

    Xtreme Trader is a 'Installable Desktop Trading Software' offering live-streaming quotes, advance charting tools and technical analysis for high frequency traders. Xtreme Trader offers customizable interface, shortcut keys for frequent actions, instant flashing research calls, stock alerts (on-screen, sms and e-mail) on condition defined by you and powerful charting tools designed for traders.

  4. Nuvama Mobile Trader

    Mobile Trader, a free smart phone trading app, offers trading capabilities (trade on NSE, BSE in Equities, Derivatives and Currency) on mobile phone to Nuvama clients. In addition, it also offers live streaming quotes, portfolio monitoring, fund transfer, charting (candle stick, area, line, OHLC), experts research, Trade Book, Order Book, Holdings, Balances and many other useful features.

Visit Nuvama (Edelweiss) Trading Software Review for more detail.

Zerodha (Flat Rs 20 Per Trade)

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) Pros and Cons

Nuvama (Edelweiss) Pros (Advantages)

The following are the advantages of Nuvama (Edelweiss). You must read Nuvama (Edelweiss) advantages and disadvantages before opening an account with Nuvama (Edelweiss). Nuvama (Edelweiss) pros and cons help you find if it suits your investment needs.

  1. Full-service broker offering discount brokerage plan.
  2. Flat Rs 20 per executed order brokerage across the trading segments.
  3. Free research, trading tips, and recommendations.
  4. Instant paperless online account opening.
  5. Excellent mobile application, website & desktop trading software for trading.
  6. Online IPO investment.
  7. High leverage facilities across Cash, F&O and CDS segments.
  8. Wide offline presence through branches and franchises makes it easy for customers.
  9. Relationship managers and add-on services like PMS are available.

Nuvama (Edelweiss) Cons (Disadvantages)

The following are the cons of Nuvama (Edelweiss). Check the list of Nuvama (Edelweiss) drawbacks.

  1. Bracket orders and Good-Till canceled (GTC) orders are not available.
  2. Charge high minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  3. Call & Trade is available at an additional cost of Rs 20 per call.
  4. Rs 50 per month for research calls and trading tips.

Nuvama (Edelweiss) Margin Exposure

Nuvama (Edelweiss) margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Nuvama (Edelweiss) F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Nuvama (Edelweiss) F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Nuvama (Edelweiss) Ratings

Overall Rating
Rated 2.8 stars 2.8/5
Fees
Rated 3.0 stars 3.0/5
Brokerage
Rated 3.0 stars 3.0/5
Usability
Rated 3.4 stars 3.4/5
Customer Service
Rated 2.6 stars 2.6/5
Research Capabilities
Rated 2.7 stars 2.7/5

Based on 79 Votes by Nuvama (Edelweiss) Customers

Do you trade with Nuvama (Edelweiss)? Rate Nuvama (Edelweiss)

Nuvama (Edelweiss) Complaint

The number of Nuvama (Edelweiss) customer complaint received by the exchanges. The Nuvama (Edelweiss) consumer complaint report helps understanding the Nuvama (Edelweiss) quality and relibility of service.

ExchangeFinancial YearNumber of Clients*Complaints**%
BSE2025-266393720.0031 %
BSE2022-2353786120.02 %
NSE2022-232182061070.04 %
BSE2021-2247324230.05 %
NSE2021-221930411710.08 %
BSE2020-213355390.03 %
NSE2020-211572542240.14 %
BSE2019-203331770.02 %
NSE2019-201302151160.08 %
BSE2018-1926859110.04 %

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Nuvama (Edelweiss) Complaints at BSE, NSE and MCX for detail report.

Frequently Asked Questions

Edelweiss Broking Ltd is a Mumbai based full-service stock broker. It is part of the Edelweiss Group. The group has a sizable presence in Insurance, Housing Finance, and Financial Markets.

Edelweiss Broking offers trading services in Equity, Currency, Futures & Options, Mutual Funds, and IPOs, etc. In addition to that, Edelweiss also offers investment advisory to its customers across asset classes.

The company offers 2 brokerage plans; Edelweiss Lite and Edelweiss Elite. Edelweiss Lite is a fixed brokerage plan (Rs 10/order) and Edelweiss Elite is a traditional percentage-based brokerage plan.

Edelweiss offers one of the best trading platforms to its investors. TX3 is the company's flagship trading platform, www.Edelweiss.in online trading website and Mobile Trader is a mobile trading app.

Edelweiss Group has a pan India presence with offices in 200 locations and over 12 lakh clients across various businesses as of May 2020.

About Edelweiss Broking

  • Part of Edelweiss Group, over a decade of experience in broking.
  • Offers both trading and research advisory services.
  • Flexible fixed brokerage and percentage-based plans.
  • Services in Equity, Currency, Futures & Options, Mutual Funds, and IPOs.
  • Offers an online account opening facility.
  • Pan Indian presence with 475+ offices in 200 locations.
  • Free Call n Trade facility on Edelweiss Elite plan.
  • Investology; an online initiative for customer education on stock markets.

 

Incorporated in 2008, Edelweiss broking is a premier full-service broker for over 15+ years. It is part of the prestigious Edelweiss Group which has a strong presence in businesses like Insurance, Housing Finance, and Financial Markets.

Edelweiss is a Good Company Because:

  1. Part of the well-known Edelweiss group.
  2. Full-service stock broker offering a range of services.
  3. Local presence across India. 475+ offices in 200 locations.
  4. Offers trading, research advisory and wealth management services.
  5. Good trading platforms in TX3, Edelweiss website and Mobile Trader
  6. Offers a flat rate discount brokerage plan (Rs 10/order).
  7. Online investment in Equity, Currency, F&O, Mutual Funds, and IPOs.
  8. Offers a paper-less online account opening facility.
  9. Free Call & Trade facility on Edelweiss Elite Plan.
  10. Free dedicated relationship manager.

 

Edelweiss offers an online IPO application to its customer as well as guests. Edelweiss's online IPO application is based on UPI as a payment gateway. Alternatively, if you have Edelweiss demat account, you can also apply in an IPO through the net-banking of your bank using the ASBA facility.

Note that you can apply in an IPO through Edelweiss even if you are not an Edelweiss customer. This is a unique feature offered by Edelweiss.

Steps to Apply for IPO through Edelweiss

  1. Login to Edelweiss.in website or mobile app.
  2. Go to the 'IPO' section.
  3. Choose the IPO and click on the Apply button.
  4. Enter your bid details like price, quantity and investor type.
  5. Enter your UPI ID, review your order and click submit.
  6. Open your UPI app and accept the payment request.

Note:

  • You will get an email confirmation once your IPO application is accepted.
  • Your IPO application is not complete until the UPI payment is approved. It may take up to 12 hours for you to receive the UPI payment request.

Steps to Apply for through Net-Banking (ASBA)

  1. Log in to your net-banking account (i.e. ICICI, SBI).
  2. Go to the IPO section.
  3. Select the IPO from the list and click the Apply button
  4. Enter IPO bid detail (price, quantity, investor type)
  5. Enter the Edelweiss demat account information.
  6. Review and submit application.

 

You can activate the F&O (derivatives) segment in the Edelweiss trading account while opening the account. In case, you have not activated the F&O segment at that time then you can do it later at any point in time.

Steps to Activate F&O in Edelweiss

  1. Download segment activation form.
  2. Fill & sign it.
  3. Attach financial proof as one of the documents listed below.
  4. Submit it to your Relationship Manager or the nearest branch.

Financial Proof for F&O Segment Activation

  • ITR Proof
  • Last 3 months Salary Slip
  • Demat Holdings
  • Net-worth Certificate
  • Month Bank Statement (not older than 3 months)

Note: Only 1 of the above documents is required.

 

You could transfer funds to Edelweiss online using 2 ways; UPI and Net Banking. The amount transferred online is available instantly in the Edelweiss trading account for investing. Both these methods of transferring funds are available for free.

Note: Before you transfer the funds, make sure that your UPI ID or net bank account information is added to your profile. Visit your profile to set up your bank account or UPI id.

Steps for Transfer Funds to Edelweiss

  1. Login to the Edelweiss website or mobile app
  2. Click on the 'Buy/Sell' in the top right
  3. Click on the 'Transfer Funds' link
  4. Choose payment mode as 'UPI' or 'Net Banking'
  5. Enter the amount and click 'Submit'
  6. In the case of UPI, go to your UPI app, and authorize the transaction.

In the case of net banking, you are taken to your bank's website.

 

Yes, Edelweiss is a full-service broker that offers online and offline Broking, research, advisory and depository services across a range of financial products and services.

Edelweiss is a SEBI registered broker, Research Analyst, and a member of BSE, NSE, MCX, NCDEX, CDSL, and NSDL that facilitates trading and investment across all major asset classes like Cash Equity, F&O, Currency, Mutual Funds, IPO, and Insurance.

 

Edelweiss is one of the leading full-service stockbrokers in India, with two decades of experience in the broking industry. The company offers online and offline trading, investment, and advisory services to its client with offices across 200 locations.

Edelweiss is a SEBI registered stockbroker, Research Analyst, and a member of NSE, BSE, MCX, and NCDEX. Edelweiss has two brokerage plans (Edelweiss Lite and Edelweiss Elite) for its customers to choose from as per their preference. The company has simple trading platforms for each type of investor, who can trade either through the web platform, mobile app, or desktop trading software.

 

Edelweiss is a trusted, leading full-service stockbroker of India. The advantages of trading in Edelweiss are:

  • Free account opening.
  • The Edelweiss Lite plan lets you invest in the stock market at flat Rs 10 per order.
  • Option to choose between fixed brokerage and percentage-based plans.
  • Trade across Equity, Currency, Futures & Options, Mutual Funds, and IPOs.
  • Online and offline services.
  • Zero maintenance charges (AMC) for the first year.
  • Free Call and Trade facility (in Edelweiss Elite Plan).
  • Simple trading platforms.

 

Edelweiss Group is a diversified financial services provider with business and operations spread across Credit, Investment & Advisory, and Insurance segments.

Edelweiss Broking Limited is a full-service broker providing online and offline trading, research, and investment offerings in Equities, F&O, Currency, IPO, and Mutual Funds. Edelweiss offers free account opening, zero maintenance charges for the first year, and robust trading platforms across mediums (Mobile app, a website & desktop trading software).

Edelweiss has two brokerage plans - Edelweiss Lite and Edelweiss Elite. The Edelweiss Lite plan is a flat fee plan with a brokerage of Rs 10 per trade across all segments, whereas Edelweiss Elite plan is a percentage-based brokerage plan with access to various add-on services like free research calls, free Call and Trade facilities, a personal relationship manager, and much more. Visit Edelweiss Brokerage Charges for more details.

 

You can apply for an IPO online through Edelweiss mobile app or web at free of cost.

Steps to apply for an IPO through Edelweiss Mobile Trader app:

  1. Login to Edelweiss Mobile app.
  2. Go to the 'IPO' Section.
  3. Select the desired IPO from the list and click on apply.
  4. Enter the Bid details.
  5. Enter the UPI ID and submit.
  6. Accept mandate request on UPI app.

Steps to apply for an IPO through Edelweiss web:

  1. Visit www.edelweiss.in
  2. Click on Self Investing.
  3. Go to Primary Markets.
  4. Select the IPO you wish to apply for from the Mainline and SME IPO list.
  5. Click on Apply.
  6. Login using your credentials.
  7. Enter the bidding details and save.
  8. Enter the UPI details and click on proceed.
  9. Click on Submit application.
  10. Accept the UPI mandate request to process the payment request.

Edelweiss also provides an IPO application facility to the guests, who do not have an account with Edelweiss, to apply through the web. The guests have to click on Apply for IPO as a Guest on the login screen and enter the below personal details before proceeding to the bidding stage.

  • Date of birth
  • Full Name
  • Mobile No.
  • Email ID
  • DP details (Depository Name, Client ID, DP ID)
  • Investor Category
  • Form Type - Repatriation/Non-Repatriation.


 

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Information on this page was last updated on Wednesday, November 27, 2024

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)
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.
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