Edelweiss Demat Account Charges, Review, Opening

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Incorporated in 2008, Edelweiss Broking is a Mumbai based stock broker. The company offers stock, currency and commodity trading services. It also offers investment services in Mutual Funds, Gold ETFs and Fixed Income products. Edelweiss offers trading services through multiple channels including online, offline through its branch offices and call & trade desk.

Edelweiss Broking is part of prestigious Edelweiss Group, a diversified financial services company providing a broad range of financial products. Its client base includes corporations, institutions and individuals.  

Edelweiss Broking is also a depository participant with NSDL. Through its NSDL membership, Edelweiss Broking offers the Demat Account and other related depository services. You can open your demat account very easily from all its trading platforms i.e. The mobile app- Edelweiss Mobile Trader, Desktop Trading Software- TerminalX3 & The website- edelweiss.in

Edelweiss Broking offers 2-in-1 accounts to its customers. The demat account and the trading account are linked together to facilitate seamless transaction and convenience in trading. Edelweiss customers can use the account to trade and invest in a range of instruments including shares, derivatives, currency, mutual funds, Gold ETFs and Bonds etc.

Edelweiss Broking Demat Account

Edelweiss Broking is the depository participant (DP) of NSDL. The customers can open a demat account with NSDL through Edelweiss Broking. The account is opened with NSDL and it holds the securities in the demat account. Edelweiss Broking plays the role of an intermediary between the customers and the NSDL. Edelweiss charges a fee from the customers for servicing the account. NSDL also charges a fee for every transaction on the demat account.

Edelweiss Broking Securities DP Membership Info:

  • NSDL - SEBI Registration No.: INZ000005231
  • NSDL - Edelweiss DP ID: IN-DP-NSDL-314-2009

10 Reasons to open a Demat Account with Edelweiss Broking

  1. Online Account Opening process.
  2. Zero Account opening charges.
  3. Free AMC for 1st year.
  4. Direct deposit of dividends, interest etc., in your demat account.
  5. Facility to manage your account online.
  6. 475 branch offices to get assistance on matters related to the demat account.
  7. Single account to invest in Equity, MFs, ETFs, Bonds and Insurance etc.
  8. Trade in multiple exchanges including BSE, NSE, and MSE.
  9. Facility to freeze the account.
  10. Free investment advisory from the research team.

Edelweiss Demat Account Opening Charges

To open a new demat account with Edelweiss, the customer may have to pay demat account opening charges. The broker may also charge Annual Maintenance Charges (AMC), a yearly fee to maintain the demat account.

Demat Account Opening Fee₹0
Demat Account Annual Charges (AMC)Free (₹300 2nd year onward)

Edelweiss Demat Account Charges

Edelweiss Demat Account Charges

S.N. Transaction Demat Fee
1 Account maintenance (AMC) ₹500 p.a. (1st Year Free)
2 Market / Off Market Transfers / Inter Depository
a. Purchase (Credit in) Nil
b. Market Sell within Edelweiss ₹20 per transaction (minimum deposit of ₹200 against advance transaction charges)
c. Off Market Transaction ₹20 per transaction
d. Sell (Debit from) target other than 3b) and c above ₹40 per transaction
3 Pledge / Hypothecation
a. Creation / Acceptance / Closure ₹50 per transaction
b. Invocation ₹25 per transaction
4 Demat Charges ₹2.00 per certificate + ₹30 for postage
5 Remat Charges ₹10 per 100 securities or part thereof (Subject to minimum of ₹10 per request) + ₹30 for postage
6 Reactivation Charges NA
7 Account Closing Nil
Edelweiss Special Offer

Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only)

Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering trading @ ₹10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers.

This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.

Frequently Asked Questions

  1. 1. What is Edelweiss Demat Account?

    It is mandatory to have a Demat account to trade in exchanges in shares and Mutual Funds. The Demat account works like a bank to hold your securities.

    NSDL and CDSL are two national depositories that open and manage the Demat accounts. Whenever you buy shares, the holdings are credited in this account and are debited when you sell it.

    Discuss this question

  2. 2. I already have a Demat account? Do I need open another demat account with Edelweiss?

    No, it is not required. However, for the convenience of trading, it is advisable that you open a 2-in-1 account.

    Discuss this question

  3. 3. Why I am asked to link my bank account with the Edelweiss demat account?

    Securities like shares and mutual funds earn benefits like dividends and bonuses from time to time. The Demat account can only hold securities, not money. So, the benefits are directly deposited in the linked bank account. It is mandatory to link a bank account with the Demat account.

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  4. 4. Who can open a demat account with Edelweiss Broking?

    All resident Indians and NRIs residing in Australia, New Zealand, Singapore, Hong Kong, UK and Gulf countries can open an account of the company.

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  5. 5. Can I open Minor Demat Account with Edelweiss Broking?

    Yes, a minor demat account can be opened. In the case of a Minor Account, a legal guardian (either of the parents) needs to be appointed who will manage the account till the minor attains the age of 18 years. The legal guardian needs to submit his documents for account opening.

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  6. 6. Can I open a joint demat account with Edelweiss Broking?

    Yes, a joint account can be opened with up to 3 joint holders.

    Discuss this question

Contact Edelweiss / Request Call Back

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account (₹750 waived on account opening) for limited time. Request a Callback.

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Information on this page was last updated on Monday, March 16, 2020


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