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Edelweiss Vs iTradeOnline (Compare Edelweiss and iTradeOnline)


Edelweiss Broking Ltd Logo

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... Know more about Edelweiss Broking Ltd


iTradeOnline by Trustline Logo

iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available... Know more about iTradeOnline by Trustline

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Edelweiss Vs iTradeOnline

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 , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Edelweiss iTradeOnline
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2002
Number of Branches 237
Open an Online Trading Account with Edelweiss.Open an Online Trading Account with iTradeOnline.
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Edelweiss Vs iTradeOnline Charges & AMC

Edelweiss trading account opening charges is Rs 0 (Free) while iTradeOnline account opening changes is Rs 0 (Free). Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free) and iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  Edelweiss iTradeOnline
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Rs 500 (1st Year Free) Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
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Edelweiss Vs iTradeOnline Brokerage Charges & Plans

Edelweiss Vs iTradeOnline Brokerage

Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.

  Edelweiss iTradeOnline
Account Type Edelweiss Lite Pay Per Trade
Fixed Charges NA Rs 0
Equity Delivery Rs 10 per executed order Rs 20 per executed order or .01% whichever is lower
Equity Intraday Rs 10 per executed order Rs 20 per executed order or .01% whichever is lower
Equity Futures Rs 10 per executed order Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 10 per executed order Rs 20 per executed order or .01% whichever is lower
Currency Futures Rs 10 per executed order Rs 20 per executed order or .01% whichever is lower
Currency Options Rs 10 per executed order Rs 20 per executed order or .01% whichever is lower
Commodity Futures Rs 20 per executed order or .01% whichever is lower
Commodity Options
Special Offer
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Edelweiss Vs iTradeOnline Brokerage Plan 2

  Edelweiss iTradeOnline
Account Type Edelweiss Elite Pay Per Trade
Fixed Charges Rs 0
Equity Delivery 0.30% Rs 20 per executed order or .01% whichever is lower
Equity Intraday 0.03% Rs 20 per executed order or .01% whichever is lower
Equity Futures 0.03% Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 75 per lot Rs 20 per executed order or .01% whichever is lower
Currency Futures 0.02% Rs 20 per executed order or .01% whichever is lower
Currency Options Rs 22 per lot Rs 20 per executed order or .01% whichever is lower
Commodity Futures Rs 20 per executed order or .01% whichever is lower
Commodity Options
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Edelweiss Charges Vs iTradeOnline

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures Rs 0 (No Minimum Brokerage)
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month, Physical contact notes: Rs 20
Call & Trade Charges Rs 20 per call Rs 0 (Free)
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Edelweiss Vs iTradeOnline 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 iTradeOnline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Edelweiss iTradeOnline
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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Edelweiss Vs iTradeOnline Leverage (Margin)

Edelweiss margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the iTradeOnline margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Edelweiss iTradeOnline
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Edelweiss and iTradeOnline Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  Edelweiss iTradeOnline
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time 3:00 PM Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
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Edelweiss Vs iTradeOnline Review

Edelweiss is rated 3.0 of 5 based on 69 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  Edelweiss iTradeOnline
  69 Customer Reviews    Rate Edelweiss 7 Customer Reviews    Rate iTradeOnline
Fees 3.1 3.9
Brokerage 3.1 4.1
Trading Platform 3.5 3.9
Customer Service 2.7 3.7
Research Capabilities 2.9 1.0
Overall Ratings Rated 3.0 stars Rated 4.0 stars
Broker Rating Edelweiss is rated 3.0 of 5 based on 69 customer reviews iTradeOnline is rated 4.0 of 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  Edelweiss Enquire iTradeOnline Enquire
Contact Broker Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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Edelweiss Vs iTradeOnline Investment Options

  Edelweiss iTradeOnline
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
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Edelweiss Vs iTradeOnline Order Type Offered

  Edelweiss iTradeOnline
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Edelweiss Vs iTradeOnline Research Report

  Edelweiss iTradeOnline
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Edelweiss Vs iTradeOnline Suitable For Investor Type

  Edelweiss iTradeOnline
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Edelweiss Vs iTradeOnline - Pros and Cons

  Edelweiss iTradeOnline
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
Cons
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
Reviews
Promo / Offers

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

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

Open Edelweiss AccountEnquire iTradeOnline

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