Edelweiss Vs iTradeOnline (Compare Edelweiss and iTradeOnline)

The side-by-side comparison of Edelweiss and iTradeOnline. Compare Edelweiss Vs iTradeOnline brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Edelweiss vs iTradeOnline?


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
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 ₹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 f... 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
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Edelweiss Lite Pay Per Trade
Year of Incorporation 2002
Number of Branches 237
Broker Enquiry Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you. Open an Online Trading Account with iTradeOnline. Leave your contact info and we will get in touch with you.
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Edelweiss Vs iTradeOnline Charges & AMC

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

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

Edelweiss Vs iTradeOnline Brokerage

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

  Edelweiss iTradeOnline
Account Type Edelweiss Lite Pay Per Trade
Fixed Charges NA
Equity Delivery Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Special Offer
Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.
Special Offer: Get 50% discount (₹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 ₹0
Equity Delivery Brokerage 0.30% ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage 0.03% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.03% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹75 per lot ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.02% ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹22 per lot ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Enquire EdelweissEnquire iTradeOnline

Edelweiss Charges Vs iTradeOnline

Minimum Brokerage Charges 0.03% Equity delivery, 0.01% Intra-day and Futures ₹0 (No Minimum Brokerage)
Other Brokerage Charges Margin Funding: 0.08%/day, Research: ₹50 per month, Physical contact notes: ₹20
Call & Trade Charges ₹20 per call ₹0 (Free)
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Edelweiss Vs iTradeOnline Transaction Charges

Edelweiss transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium) while iTradeOnline exchange transaction charges for options is NSE ₹5000 per crore (0.05%).

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

Edelweiss provides the margin of Up to 40x for intraday trades whereas the iTradeOnline margin for intraday cash is Upto 20x (based on the stock).

  Edelweiss iTradeOnline
Equity Delivery Up to 10x Upto 5x (based on the stock)
Equity Intraday Up to 40x Upto 20x (based on the stock)
Equity Futures 40x Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures 1.5x Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Nil Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Up to 6x Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Enquire EdelweissEnquire iTradeOnline
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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 Available 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 3.1 of 5 based on 49 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  Edelweiss iTradeOnline
  49 Customer Reviews    Rate Edelweiss 7 Customer Reviews    Rate iTradeOnline
Fees 3.2 3.9
Trading Brokerage 3.2 4.1
Trading Platform Usability 3.6 3.9
Customer Service 2.8 3.7
Research Capabilities 2.9 1.0
Overall Ratings Rated 3.1 stars Rated 4.0 stars
Broker Rating Edelweiss is rated 3.1 of 5 based on 49 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

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Get 50% discount (₹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
Initial Public Offers (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
Enquire EdelweissEnquire iTradeOnline
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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 ₹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 ₹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

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 @ ₹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.

Lifetime FREE AMC Demat Account - 50% Off

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

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

Enquire EdelweissEnquire iTradeOnline

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