Edelweiss Vs iTradeOnline (Compare Edelweiss and iTradeOnline)
The side-by-side comparison of Edelweiss and iTradeOnline. Compare Edelweiss Vs iTradeOnline brokerage, charges, exposure margin, demat account. Read iTradeOnline and Edelweiss review.
Find out Edelweiss Vs iTradeOnline which is better and Edelweiss Vs iTradeOnline which is best.
Our Edelweiss Broking Ltd comparison with iTradeOnline by Trustline highlights the major differences between two brokers. Find the best between Edelweiss and iTradeOnline.
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...
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 lo...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX
BSE, NSE, MCX
Account Type
Discount Brokerage Plan
Pay Per Trade
Broker Enquiry
Year of Incorporation
2002
Number of Branches
237
Edelweiss Vs iTradeOnline Charges
Edelweiss
iTradeOnline
Trading Account Opening Fees
₹750
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC
Free (₹500 2nd year onward)
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory?
No
No
Edelweiss Vs iTradeOnline Brokerage
Brokerage Plan 1
Edelweiss
iTradeOnline
Account Type
Discount Brokerage Plan
Pay Per Trade
Fixed Charges
NA
Equity Delivery Brokerage
0.01%
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
0.01%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹5 per lot
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹5 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹5 per lot
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹5 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
Brokerage Plan 2
Edelweiss
iTradeOnline
Account Type
Prepaid Plan (₹12,000 for 12 months)
Pay Per Trade
Fixed Charges
₹12,000 + ₹1,800 (Service tax)
₹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
₹90 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.04%
₹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
Brokerage Plan 3
Edelweiss
iTradeOnline
Account Type
Prepaid Plan (₹1,12,000 for 12 months)
Pay Per Trade
Fixed Charges
₹1,12,000 + ₹16,800 (Service tax)
₹0
Equity Delivery Brokerage
0.10%
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
0.01%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.01%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹25 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.01%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹6 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
Other Charges
Minimum Brokerage Charges
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
₹0 (No Minimum Brokerage)
Other Brokerage Charges
Physical contact notes: ₹20
Call & Trade Charges
Free
₹0 (Free)
Edelweiss Vs iTradeOnline Taxes
Edelweiss
iTradeOnline
Securities Transaction Tax (STT)
Equity Intraday
0.025% (on Sell trade)
Equity Delivery
0.1% (on Buy and Sell)
Equity Futures
0.01% (on Sell trade)
Equity Options
0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Edelweiss Vs iTradeOnline Transaction Charges
Edelweiss
iTradeOnline
Equity Delivery
NSE ₹325 | BSE ₹275
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday
NSE ₹325 | BSE ₹275
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures
NSE ₹190 | BSE ₹190
NSE ₹190 per crore (0.0019%)
Equity Options
NSE ₹5000 | BSE ₹5000
NSE ₹5000 per crore (0.05%)
Currency Futures
NSE ₹115 | BSE ₹115
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options
NSE ₹4000 | BSE ₹4000
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Edelweiss Vs iTradeOnline Exposure Margin
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
Edelweiss and iTradeOnline Feature Comparison
Edelweiss
iTradeOnline
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
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
Edelweiss Vs iTradeOnline Review
Edelweiss
iTradeOnline
24 Customer Reviews
6 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Edelweiss is Rated 2.3 / 5 based on 24 customer reviews
iTradeOnline is Rated 4.3 / 5 based on 6 customer reviews
Contact Broker / Request A Call Back
Edelweiss Enquire
iTradeOnline Enquire
Contact Broker
Edelweiss Vs iTradeOnline Investment Options
Edelweiss
iTradeOnline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Note: IPO
Insurance, Wealth Management
Edelweiss Vs iTradeOnline Customer Service
Edelweiss
iTradeOnline
24/7 Customer Service
Onine Live Chat
Through Branches
Edelweiss Vs iTradeOnline Order Type Offered
Edelweiss
iTradeOnline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Edelweiss Vs iTradeOnline Research Report
Edelweiss
iTradeOnline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Edelweiss Vs iTradeOnline Suitable For Investor Type
Edelweiss
iTradeOnline
Casual Investor
Active Investor
Trader
Edelweiss Vs iTradeOnline - Advantages and Disadvantages
Edelweiss
iTradeOnline
Pros
1. Full service broker offering discount brokerage plan.
2. Offer commodity trading on the same trading trading platform.
3. Free research and trading tips calls to all the customers.
1. IPO cannot be applied online.
2. Bracket order is not available.
3. Good Till cancelled orders are not available.
4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months.
Edelweiss 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 equity trading @ 0.01% and F&O @ Rs 5 per lot 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.
Zerodha
Zero Account Opening Fee