Choosing the right demat account depends on more than just brokerage charges. Investors should also compare account maintenance charges, trading platforms, investment options, research tools, margin facilities, portfolio features and other service charges.

Rupeezy, Groww and Edelweiss Broking offer different approaches to investing and trading. Groww focuses heavily on a simple digital investing experience, Rupeezy combines investing with advanced trading and margin facilities, while Edelweiss Broking—now operating as Nuvama Wealth and Investment Limited—offers a broader broking and research ecosystem.

This comparison explains their major demat account features, charges and differences.

Rupeezy vs Groww vs Edelweiss Broking: Quick Comparison

Feature	Rupeezy	Groww	Edelweiss Broking / Nuvama
Account opening	₹0	₹0	₹0 under current Nuvama information
AMC	₹0 for eligible accounts opened after June 15, 2024	₹0	Depends on plan
Equity delivery	Yes	Yes	Yes
Intraday	Yes	Yes	Yes
F&O	Yes	Yes	Yes
IPO	Yes	Yes	Yes
Mutual funds	Yes	Yes	Yes
ETFs	Yes	Yes	Yes
Commodities	Yes	Available through applicable segments	Yes
MTF	Yes	Yes	Yes
Advanced charts	Yes	Yes	Yes
Options tools	Advanced option chain and strategy tools	Available	Available
Trading API	Free Vortex API	Available through applicable services	Available through applicable services
Research	Market and trading tools	Objective market information	Research and advisory ecosystem
Portfolio tools	Yes	Yes	Yes
Web platform	Yes	Yes	Yes
Mobile app	Yes	Yes	Yes

Charges, plans and product availability can change. The applicable tariff should be checked before opening or using an account.

Rupeezy Demat Account Features

Rupeezy offers both demat and trading accounts with a strong focus on active traders as well as investors.

Its current website lists ₹0 account-opening charges and ₹0 AMC for eligible accounts, along with access to stocks, F&O, IPOs and mutual funds.

Key Rupeezy Features

• Equity delivery
• Intraday trading
• Futures and options
• Commodities
• IPO applications
• Mutual funds
• Margin Trading Facility
• Advanced option chain
• Advanced charts
• Strategy Store
• GTT and OCO orders
• Instant pledge
• Same-day payout
• Trading APIs
• Web trading platform
• TradingView-based terminal

Rupeezy also provides a Vortex API without a separate API charge according to its current pricing information.

Rupeezy Brokerage

Rupeezy currently lists 0.1% for equity delivery, while equity intraday brokerage is ₹20 or 0.1% per executed order, whichever is lower. Futures and options are listed at ₹20 per order.

For eligible accounts opened after June 15, 2024, Rupeezy lists monthly AMC as ₹0. Other demat charges, such as pledge and pay-in securities charges, may still apply.

Rupeezy MTF

Margin trading is another notable feature.

Rupeezy currently advertises up to 5X margin on more than 1,800 stocks, with interest rates starting at 10.99% per annum under its stated MTF offering. It also advertises interest-free margin facilities for a specified period under its T+5 offering.

Investors should check the exact stock eligibility, funding period and applicable terms before using leverage.

Groww Demat Account Features

Groww is designed around a simple digital investing experience. It provides a paperless account-opening process and access to stocks, mutual funds, ETFs, IPOs and F&O.

Groww currently lists ₹0 account-opening charges and ₹0 AMC, including when an account remains unused for a long period.

Key Groww Features

• Stocks
• Mutual funds
• ETFs
• IPOs
• Futures and options
• US stocks
• MTF
• Advanced charts
• Stock information
• Portfolio tracking
• Digital KYC
• Online account management

Groww says its platform provides objective evaluation of stocks and mutual funds rather than acting as an adviser recommending particular securities.

Groww Brokerage

Groww currently lists equity brokerage at ₹20 or 0.1% per executed order, whichever is lower, subject to a minimum of ₹5. Its F&O brokerage is listed at ₹20 per order.

However, zero AMC does not mean there are no other charges.

For example, Groww currently lists DP charges on eligible sell transactions, along with statutory and exchange-related charges. Its pricing page lists ₹16.50 as the Groww component of DP charges, in addition to applicable depository charges and GST.

Groww MTF

Groww also provides Margin Trading Facility.

Its current pricing page lists MTF brokerage at 0.1% per order and interest at 14.95% per annum on the funded amount.

The actual cost of MTF therefore needs to be considered separately from normal equity brokerage.

Edelweiss Broking Demat Account Features

Important Name Change

Edelweiss Broking Limited is now known as Nuvama Wealth and Investment Limited. Nuvama’s official terms identify the company as formerly Edelweiss Broking Limited.

Therefore, older articles and account information may still refer to the broker as Edelweiss Broking, while current services are offered under the Nuvama brand.

Key Nuvama Features

Nuvama offers:

• Equity
• Intraday
• Futures and options
• Commodities
• Mutual funds
• IPOs
• Portfolio services
• Research
• Advanced charts
• Screeners
• Alerts
• Portfolio organiser
• Guided portfolios
• Market information
• Trading platforms
• Margin facilities

Its current pricing page provides two broad plans: Lite Plus and Elite. The Lite Plus plan lists flat ₹20 per executed order for equity and F&O, while the Elite plan uses percentage/slab-based pricing.

Nuvama Lite Plus Plan

Under the current Lite Plus pricing:

• Equity delivery: ₹20 per executed order
• Equity intraday: ₹20 per executed order
• Equity futures: ₹20 per executed order
• Equity options: ₹20 per executed order
• Advanced charting: Free
• Screeners and alerts: Free
• Market information: Free
• Portfolio organiser: Free
• Guided portfolios: Free
• Research: ₹50/month
• DP AMC: first year free, then ₹300/year
• DP fee for transfer/sell: ₹20 per ISIN

These charges apply to the specified Lite Plus plan and should not automatically be assumed to apply to every Nuvama account.

Nuvama Elite Plan

The Elite plan follows a different pricing structure and includes additional services such as research and relationship-manager support.

The current Nuvama pricing page lists free research under Elite, along with a dedicated RM/advisor and trade-placement assistance.

This makes the plan structure an important factor when comparing Nuvama with simpler discount-broker models.

Feature-Wise Comparison

1. Account Opening and AMC

All three provide digital account-opening options.

Rupeezy currently advertises ₹0 account opening and ₹0 AMC for eligible accounts.

Groww lists both account opening and AMC at ₹0.

Nuvama’s current pricing varies by plan, with its Lite Plus plan listing the first year of DP AMC as free and ₹300 annually thereafter.

Therefore, investors should compare the specific account plan, rather than just the broker’s name.

2. Trading Platform

Rupeezy offers a mobile app, web application, TradingView-based terminal and Vortex API.

Groww focuses on an integrated app-based investing experience with stocks, mutual funds and other products available through the platform.

Nuvama provides its web and mobile investment platforms along with market information, advanced charting and other trading tools.

3. Research

Research is handled differently across the three platforms.

Rupeezy focuses more on trading tools, strategy features and market information.

Groww provides objective stock and mutual-fund information and states that it does not advise or recommend specific investments.

Nuvama provides research as a more formal part of its brokerage plans, with research included in the Elite plan and separately priced in Lite Plus.

4. Options and Trading Tools

Rupeezy provides advanced option-chain functionality, strategy tools, GTT and OCO orders and other derivatives-focused features.

Groww provides F&O trading and related market tools.

Nuvama provides advanced charts, screeners, alerts and market information.

If you trade derivatives frequently, it is useful to compare the actual option-chain interface, order types, charting and risk-management tools rather than brokerage alone.

5. Margin Trading

All three provide some form of margin or funding facility, but their pricing and conditions differ.

Broker	MTF / Margin Feature
Rupeezy	Up to 5X on eligible stocks; rates and periods depend on the applicable facility
Groww	MTF available; current pricing lists 14.95% p.a. interest
Nuvama	Margin/funding available with plan-specific conditions

Rupeezy’s current MTF information advertises up to 5X on eligible stocks, while Groww lists 14.95% annual interest on the funded amount.

Brokerage and Demat Charges Comparison

Charge	Rupeezy	Groww	Nuvama / Edelweiss
Account opening	₹0	₹0	₹0 under current information
AMC	₹0 for eligible newer accounts	₹0	Plan dependent
Equity delivery brokerage	0.1% buy & sell	₹20 or 0.1%, whichever lower; minimum ₹5	₹20/order under Lite Plus
Equity intraday	₹20 or 0.1%, whichever lower	₹20 or 0.1%, whichever lower	₹20/order under Lite Plus
F&O	₹20/order	₹20/order	₹20/order under Lite Plus
DP charges	Applicable	Applicable on eligible sell transactions	₹20/ISIN under Lite Plus
MTF	Available	Available	Available

The figures above are based on the brokers’ currently published pricing pages and can change.

Which Type of Investor Should Compare What?

Instead of choosing an account only because of a low headline charge, consider the features that match your investing style.

For Long-Term Investors

Compare:

• AMC
• DP charges
• Mutual fund availability
• IPO access
• ETF access
• Portfolio tracking
• Research
• Ease of investing

For Active Traders

Pay attention to:

• Brokerage per order
• Charting
• Order types
• Option chain
• Screeners
• Alerts
• Trading speed
• Trading APIs
• Platform stability

For Options Traders

Compare:

• Option-chain interface
• Greeks
• Strategy tools
• Basket orders
• Payoff analysis
• GTT/OCO
• Brokerage
• Margin requirements

For Investors Using MTF

Do not compare only the headline leverage.

Check:

• Interest rate
• Eligible stocks
• Maximum leverage
• Funding period
• Pledge charges
• Brokerage
• Conditions for maintaining margin

Frequently Asked Questions

Is Edelweiss Broking still operating under the Edelweiss name?

The company formerly known as Edelweiss Broking Limited is now Nuvama Wealth and Investment Limited.

Is Rupeezy’s demat account free?

Rupeezy currently lists ₹0 account-opening charges and ₹0 AMC for eligible accounts opened after June 15, 2024. Other transaction and service charges can still apply.

Does Groww charge AMC?

Groww currently states that its demat account AMC is ₹0, including when the account is not used for a long period.

Does Groww charge DP charges?

Yes. DP charges can apply when securities are debited from the demat account, such as eligible sell transactions.

Does Rupeezy provide a trading API?

Yes. Rupeezy currently offers its Vortex trading API without an API charge according to its published pricing information.

Does Nuvama provide research?

Yes. Nuvama provides research as part of its brokerage ecosystem. Its current Lite Plus plan lists research at ₹50 per month, while the Elite plan lists research as free.

Conclusion

Rupeezy, Groww and Edelweiss Broking/Nuvama offer different demat-account experiences.

Rupeezy combines investing with advanced trading tools, options features, APIs and margin facilities. Groww focuses on a straightforward digital investment experience with ₹0 AMC and access to stocks, mutual funds, ETFs, IPOs and F&O. Edelweiss Broking, now Nuvama Wealth and Investment, offers a broader brokerage ecosystem with different plans, research services, portfolio tools and trading facilities.

Before opening an account, compare the latest brokerage, AMC, DP charges, investment products, trading tools, research facilities and MTF costs applicable to the exact plan you intend to use. A demat account that looks inexpensive on headline pricing may have other transaction or service charges, so the complete tariff is more useful than brokerage alone.