The side-by-side comparison of Edelweiss and Groww. Compare Edelweiss Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Edelweiss vs Groww?
Edelweiss
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate.
The Retail Broking business of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options.
Edelweiss offers investment advice backed by research and analysis to it...
Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
Edelweiss trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0. Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free) and Groww Demat Account AMC Charges is Rs 0.
Edelweiss | Groww | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
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 0 |
Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
Edelweiss | Groww | |
---|---|---|
Account Type | Edelweiss Lite | Standard Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 10 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | Rs 10 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | Rs 10 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 10 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 10 per executed order | NA |
Currency Options Trading Brokerage | Rs 10 per executed order | NA |
Commodity Futures Trading Brokerage | NA | |
Commodity Options Trading Brokerage | NA | |
Special Offer | Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat Rs 10 per order. Get free trading and demat account. Request a Callback. |
Edelweiss | Groww | |
---|---|---|
Account Type | Edelweiss Elite | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.30% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | 0.03% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.03% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 75 per lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.02% | NA |
Currency Options Trading Brokerage | Rs 22 per lot | NA |
Commodity Futures Trading Brokerage | NA | |
Commodity Options Trading Brokerage | NA |
Minimum Brokerage Charges | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 20 or 0.05% per executed order |
Other Brokerage Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
Call & Trade Charges | Rs 20 per call | NA |
Edelweiss transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Groww exchange transaction charges for options is NA.
Edelweiss | Groww | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) | NA |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) | NA |
Currency Futures | NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) | NA |
Currency Options | Rs 4000 per Cr (0.04%) (on premium) | NA |
Commodity | NA |
Edelweiss provides the margin of Up to 40x for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).
Edelweiss | Groww | |
---|---|---|
Equity Delivery | Up to 10x | 1x (no margin) |
Equity Intraday | Up to 40x | Up to 8x (based on the stock) |
Equity Futures | 40x | NA |
Equity Options | Nil | NA |
Currency Futures | 1.5x | NA |
Currency Options | Nil | NA |
Commodity Futures | Up to 6x | NA |
Commodity Options | NA |
The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. Groww offers Groww trading software.
Edelweiss | Groww | |
---|---|---|
3 in 1 Account | ![]() |
![]() |
Charting | ![]() |
![]() |
Automated Trading | ![]() |
![]() |
SMS Alerts | ![]() |
![]() |
Online Demo | ![]() |
![]() |
Online Portfolio | ![]() |
![]() |
Margin Trading Funding Available | ![]() |
![]() |
Margin Against Shares (Equity Cash) | ![]() |
![]() |
Margin Against Shares (Equity F&O) | ![]() |
![]() |
Trading Platform | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress | Groww |
Intraday Square-off Time | 3:00 PM | 3:10 PM |
Other Features | ||
Referral Program |
Edelweiss is rated 3.0 of 5 based on 54 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.
Edelweiss | Groww | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers | Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only)Edelweiss offers FREE Trading + Demat Account. Get a discount trading plan offering trading @ Rs 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. |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc