Edelweiss Vs Groww (Compare Edelweiss and Groww)

Edelweiss Vs Groww

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	Groww
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	NSE and BSE
Account Type	Edelweiss Lite	Standard Plan
Year of Incorporation	2002	2016
Number of Branches	237	0
Broker Enquiry

Edelweiss Vs Groww Charges & AMC

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 Vs Groww Brokerage

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 Vs Groww Brokerage Plan 2

	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

Edelweiss Charges Vs Groww

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 Vs Groww Transaction Charges

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 Vs Groww Leverage (Margin)

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

Compare Edelweiss and Groww Features

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 Vs Groww Review

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
	54 Customer Reviews	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Edelweiss is rated 3.0 of 5 based on 54 customer reviews	Groww is rated 3.9 of 5 based on 9 customer reviews

Edelweiss Vs Groww Investment Options

	Edelweiss	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

Edelweiss Vs Groww Order Type Offered

	Edelweiss	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Edelweiss Vs Groww Research Report

	Edelweiss	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Edelweiss Vs Groww Suitable For Investor Type

	Edelweiss	Groww
Casual Investor
Active Investor
Trader

Edelweiss Vs Groww - Pros and Cons

	Edelweiss	Groww
Pros	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
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.