Fyers vs Nuvama (Edelwiess) Review 2025 | Which One is Better

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FYERS

fyers vs nuvama

Fyers Securities, founded in 2015 (Fyers vs Nuvama) Fyers, is an online cheap stock broker
headquartered in Bangalore. Fyers trades in the Equity Cash, F&O, and Currency
Derivatives categories of the NSE. FYERS is an acronym for ‘Focus Your Energy &
Reform the Self’, which represents the company’s key ideals. The company is formed
by young entrepreneurs that believe in providing the greatest trading platforms, being
transparent, and keeping the cost of trading cheap in India.

Fyers trades equity cash, F&O, and currency derivatives on the NSE. Fyers is an
Indian stock broker with reduced broking fees. They are among the most affordable
stock brokers online. Fyers’ straightforward pricing approach allows trading across
categories for the same flat broking cost of Rs 20 per executed transaction. Fyers
charges a limit of Rs 20 on each executed order, regardless of size. Fyer does not
charge broking in the Equity Delivery area.

NUVAMA ( EDELWEISS )

nuvama vs fyers

Nuvama Wealth & Investment Limited (previously Edelweiss Broking Ltd.) is a
full-service stockbroking firm headquartered in Mumbai, India, and was founded in 2008.Nuvama’s Retail Broking division provides investment and trading opportunities
in all major asset classes, including equity, debt, mutual funds, IPOs, currency
derivatives, commodities, and futures and options. Nuvama provides investing advice
to its clients based on research and analysis across asset classes, trading styles,
and time horizons.Nuvama’s Retail Broking division provides investment and trading
opportunities in all major asset classes, including equity, debt, mutual funds, IPOs,
currency derivatives, commodities, and futures and options. Nuvama offers
trading at ultra-low brokerage fee of flat Rs 10 per executed order across all trading
segment at BSE, NSE and MCX.

FYERS VS NUVAMA ( EDELWEISS )

Fyers, founded in 2015, is a discount broker. It provides trading on NSE and MCX. It has 0
branches in India. Nuvama (Edelweiss), founded in 2002, is a full-service broker. It offers
trading on the BSE, NSE, MCX, and NCDEX. It operates 237 branches across India.

FyersNuvama
(Edelweiss)
Establishment Year20152008
Founder NameTejas Khoday,
Shreyas
Khodey &
Yashas Khodey
Rashesh Shah
Exchange MembershipNSE, MCXBSE, NSE, MCX,
NCDEX
Company typePrivatePrivate
Brokerage TypeDiscount BrokerFull Service
Broker
Branches0237

FYERS VS NUVAMA (EDELWEISS) CHARGES

ChargesFyersNuvama
(Edelweiss)
Call and Trade ChargesRs 20 per trade/
call
Rs 20 per call
Minimum BrokerageIntra-day: Rs 7 or
2.5% whichever is
lesser
0.03% Equity
delivery, 0.01%
Intra-day and
Futures
Other ChargesSquare-off by
Fyers – Rs 20 per
trade, NRI
Brokerage: Rs 100
per executed paln
(For all segments).
Margin Funding:
0.08%/day,
Research: Rs 50
per month.

FYERS VS NUVAMA (EDELWEISS) TRADING PLATFORM

Fyers offers competitive brokerage, advanced charting, and a user-friendly interface, making
it ideal for active traders. Nuvama (Edelweiss) provides a comprehensive platform with
robust research, diverse investment options, and strong customer support, catering to both
retail and institutional clients. You can start trading with their Android App . Below the table
shows some of its information about trading platforms of fyres and Nuvama

Trading PlatformFyersNuvama
(Edelweiss)
Android AppFyers
Android
App
Nuvama Android
App
Algo Trading Platform
Trading Terminal
Foreign Stocks Trading
Platform
Basket Trading
Platform
Mutual Funds
Investment Platform
Digital Gold Investment
Bonds Investment
Platform

FYERS VS NUVAMA ( EDELWEISS ) OFFERS

OffersFyersNuvama
(Edelweiss)
Free AMC
Free Account Opening
Free Brokerage, Limited,Limited
Flat Brokerage
Flexible Brokerage
Free Intraday Trading
Free F & O
Free Trading Calls
Margin Funding and
Pledging
Refferal Offers20% of
Revenue
Upto Rs.1,000
per referral
Brokerage Cashback
Zerodha Brokerage For
Loss Making Trades
Free Delivery Trading
Free Research Reports

FYERS VS NUVAMA (EDELWEISS) PRODUCT PROVIDED

Product ProvidedFyersNuvama (Edelweiss)
Equity Intraday
Equity Delivery
Equity Option
Equity Future
Currency Option
Currency Future
Commodity Option
Commodity Future
Foreign Stocks
Banking
Mutual Funds
Insurance
Digital Gold
Govt. Bonds
Corporate Bonds

FYERS VS NUVAMA (EDELWEISS) ADVISORY SERVICE

Advisory ServicesFyersNuvama (Edelweiss)
IPO Service
3 in 1 Account
Daily Stock Picks and Stock Tips, Chargeable, Chargeable
Weekly Review, Chargeable, Chargeable
Monthly Review
Company and Research Report, Chargeable, Chargeable
Annual Report
Trading InstitutionYes, School of StocksYes, Investology
F&O Service
Share Pledgeing
PMS or PCG
Intraday Services
NRI Service
Demat and Trading
Robo Advisory

FYERS VS NUVAMA (EDELWEISS) FEATURES

FeaturesFyersNuvama (Edelweiss)
Charts
Automated Trading
SMS Alerts
Margin Against Shares (Equity Cash)NA
Margin Against Shares (F&O)NA
Online Demo
Online Portfolio
Global Indicies
Real Time update
Stock Tips
Online MF Buy
Interactive Charts
Customised Recommendation
Multi Profile Management
Intraday SquareOff Time 3:20 PM3:00 PM
3 in 1 Account

FYERS VS NUVAMA EDELWEISS BROKERAGE PLAN

Fyers charges a transaction fee of NSE Rs 5000 per crore (0.05%) (on premium), whereas
Nuvama (Edelweiss) charges NSE Rs 5000 per crore (0.05%) | BSE Rs 3700 per crore
(0.037%) (on premium).The table below shows some of brokerage Charges of both the
platforms.

BrokerageFyersNuvama (Edelwiess)
Brokerage PlanStandard PlanLite Plan
Equity IntradayRs.20 per Trade or
0.03% (whichever is
Lesser )
Rs.10 per Trade or
0.01% (whichever is
Lesser).
Equity DeliveryFreeRs.10 per Trade or
0.01% (whichever is
Lesser).
Equity OptionRs. 20 per TradeRs.10 per Trade
Equity FutureRs.20 per Trade or
0.03% (whichever is
Lesser )
Rs.10 per Trade
Currency OptionRs. 20 per TradeRs.10 per Trade
Currency FutureRs.20 per Trade or
0.03% (whichever is
Lesser )
Rs.10 executed plan
Commodity OptionRs. 20 per TradeNA
Commodity FutureRs.20 per Trade or
0.03% (whichever is
Lesser )
NA

FYERS VS NUVAMA EDELWEISS LEVERAGE MARGIN

The Fyers margin for intraday trading is up to 20% of the trade value (5x leverage)
dependent on the stock, and the Nuvama (Edelweiss) margin for intraday cash is likewise up
to 20% of the trade value (5x leverage). Here below the table shows leverage charges of
both the platforms.

Leverage MarginFyersNuvama (Edelwiess)
Equity IntradayUp to 20% of trade value (5x leverage).Up to 20% of trade value (5x leverage)
Equity Delivery100% of trade value (1x leverage).100% of trade value (1x leverage).
F&O (Equity, Currency, Commodity)100% of NRML margin (Span + Exposure) (1x leverage).100% of NRML margin (Span + Exposure) (1x leverage).

FYERS VS NUVAMA EDELWEISS DEMAT / TRADING AND AMC CHARGES

Fyers trading account opening charges are Rs 0 (free), but Nuvama (Edelweiss) account
opening charges are Rs 0. Fyers Demat Account AMC Charges are Rs 0 (free), while
Nuvama (Edelweiss) Demat Account AMC Charges are Rs 500 (1st year free).The table
shows Demat and Trading Account with AMC Charges.

ChargesFyersNuvama (Edelweiss)
Demat and Trading Account Opening ChargeRs. 0 (Free)Rs. 500 (1st Year Free)
Demat Account AMC ChargeRs. 0 (Free)Rs. 0 (Free)
Trading Account Opening ChargeRs. 0 (Free)Rs. 0 (Free)
Trading Account AMC ChargeRs. 0 (Free)Rs. 0 (Free)

FYERS VS NUVAMA (EDELWEISS) PROS AND CONS

Pros:

FyersNuvama (Edelweiss)
1)Thematic investments and free
equity delivery deals.

2) This segment has no broking.

3) Broking charges are extremely
modest, with a maximum of Rs 20
per deal.

4) It is free to open an account. No
software fees ,Modern trading
platforms. Thematic investments
are offered with Refer your friends
and earn 20% of their money for
life.
1)Full-service broker offering a
cheap broking package.

2)Trade for a flat Rs 10 per
completed order across all
segments with the Nuvama Lite
Plan.

3) Instantly open an online
account: Create an Investing &
Trading account in less than 15
minutes.

4) Provide commodities trading
through the same trading platform.

5) Free research and trading
suggestions are available to all
customers. Online IPO applications.

Cons:

FyersNuvama (Edelweiss)
1)Depository services are
provided by another company
(IL&FS).

2)Higher demat fees. There are
no branch offices. No good until
cancelled (GTC) orders.

3) It doesn’t provide 3 in 1
Account.

4) Intraday trading and multi
profile Management system are
not provided.

5) it doesn’t provide Global
Indices.
1)The bracket orders are not
available. Cancelled orders are
not accessible.

2)Minimum broking is 3 paise per
share for delivery and 1 paise per
share for intraday and futures.

3) Call & Trade is offered for an
extra Rs 20 per call.

4) It also doesn’t provide 3 in 1
Account.

FYERS VS NUVAMA ( EDELWEISS) REVIEW

Fyres getting 2.5 by customer while Nuvama Edelweiss getting 3.0 . The table below shows
rating

ReviewFyersNuvama (Edelweiss)
Customer Services⭐⭐⭐⭐⭐
Fees⭐⭐⭐⭐⭐⭐
Brokerage Charges⭐⭐⭐⭐⭐⭐
Trading Platform⭐⭐⭐⭐⭐⭐
Overall Ratings⭐⭐⭐⭐⭐⭐⭐

FYERS VS NUVAMA (EDELWEISS) COMPLAINTS

The table below shows % of Complaints Lodged, Resolved and non actionable reports.

ComplaintsFyersNuvama Edelweiss
Total Complaints Lodged135120
Total Complaints Resolved120103
% of Total Complaints Resolved88.75%85.62%
Non Actionable Complaints108
% of Non Actionable Complaints7.50%5.09%

FYERS VS NUVAMA (EDELWEISS) TRANSACTION CHARGES

Fyers charges a transaction fee of NSE Rs 5000 per crore (0.05%) (on premium), whereas
Nuvama (Edelweiss) charges NSE Rs 5000 per crore (0.05%) | BSE Rs 3700 per crore
(0.037%) (on premium)

Transaction ChargesFyersNuvama (Edelweiss)
Equity IntradayNSE Rs 325 per
Cr (0.00325%) |
BSE Rs 375 per
Cr (0.00375%)
(each side).
NSE Rs 325 per
Cr (0.00325%) |
BSE Rs 375 per
Cr (0.00375%)
(each side).
Equity DeliveryNSE Rs 325 per
Cr (0.00325%) |
BSE Rs 375 per
Cr (0.00375%)
(each side).
NSE Rs 325 per
Cr (0.00325%) |
BSE Rs 375 per
Cr (0.00375%)
(each side)
Equity OptionNSE Rs 5000 per
Cr (0.05%) (on
premium).
NSE Rs 5000 per
Cr (0.05%) | BSE
Rs 3700 per Cr
(0.037%) (on
premium)
Equity FutureNSE Rs 190 per
Cr (0.0019%) |
BSE Rs 0
NSE Rs 190 per
Cr (0.0019%) |
BSE Rs 0
Currency OptionNSE Rs 3500 per
Cr (0.035%) (on
premium)
NSE Rs 4000 per
Cr (0.04%) | BSE
Rs 100 per Cr
(0.001%) (on
premium)
Currency FutureNSE Rs 90 per Cr
(0.0009%) | BSE
Rs 90 per Cr
(0.0009%
NSE Rs 90 per Cr
(0.0009%) | BSE
Rs 90 per Cr
(0.0009%)
Commodity OptionNANA

Conclusion: Fyers is suited for active traders, providing a smooth and quick trading experience through
its easy platform, minimal broking fees, and rich charting tools. It specialises in offering a
user-friendly interface and dependable customer support. Nuvama Edelweiss, on the other
hand, appeals to a broader audience by providing a wide range of investment options, such
as mutual funds and insurance, in addition to trading. It stands out for its thorough research
reports, instructional tools, and consulting services. Finally, Fyers is appropriate for traders
who are concerned with cost and technology, whereas Nuvama Edelweiss is more suited to
those who want a diversified investment strategy and in-depth analysis. ChatGPT can make
mistakes.

Customer Care Number/Email

Fyres: 080-4625 1111

Nuvama (Edelweiss): 1800-102-3335

Clients can contact this number to clear their doubt.

Fyers Support Email: support@fyers.in

Nuvama (Edelweiss) Support Email: helpdesk@edelweiss.in

Clients can contact this email to clear their doubt.

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