Edelweiss Vs Karvy (Compare Edelweiss and Karvy)

Edelweiss Vs Karvy

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 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

	Edelweiss	Karvy
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Account Type	Edelweiss Lite	Retail Brokerage Plan
Year of Incorporation	2002	1985
Number of Branches	237	575
Broker Enquiry

Edelweiss Vs Karvy Charges & AMC

Edelweiss trading account opening charges is ₹0 (Free) while Karvy account opening changes is ₹650. Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free) and Karvy Demat Account AMC Charges is ₹420.

	Edelweiss	Karvy
Trading Account Opening Charges	₹0 (Free)	₹650
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0 (Free)	₹0
Demat Account AMC Charges	₹500 (1st Year Free)	₹420

Edelweiss Vs Karvy Brokerage

Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

	Edelweiss	Karvy
Account Type	Edelweiss Lite	Retail Brokerage Plan
Fixed Charges	NA
Equity Delivery Brokerage	₹10 per executed order	0.3%
Equity Intraday Brokerage	₹10 per executed order	0.03%
Equity Futures Brokerage	₹10 per executed order	0.03%
Equity Options Brokerage	₹10 per executed order	₹30 per lot
Currency Futures Trading Brokerage	₹10 per executed order	0.03%
Currency Options Trading Brokerage	₹10 per executed order	₹30 per lot
Commodity Futures Trading Brokerage		0.03%
Commodity Options Trading Brokerage		₹30 per lot
Special Offer	Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Edelweiss Vs Karvy Brokerage Plan 2

	Edelweiss	Karvy
Account Type	Edelweiss Elite	Premium Subscription Plan of 100000
Fixed Charges		₹100,000 per year
Equity Delivery Brokerage	0.30%	0.1%
Equity Intraday Brokerage	0.03%	0.01%
Equity Futures Brokerage	0.03%	0.01%
Equity Options Brokerage	₹75 per lot	₹10 per lot
Currency Futures Trading Brokerage	0.02%	0.01%
Currency Options Trading Brokerage	₹22 per lot	₹10 per lot
Commodity Futures Trading Brokerage		0.01%
Commodity Options Trading Brokerage		₹10 per lot

Edelweiss Charges Vs Karvy

Minimum Brokerage Charges	0.03% Equity delivery, 0.01% Intra-day and Futures	Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges	Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges	₹20 per call

Edelweiss Vs Karvy Transaction Charges

Edelweiss transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium) while Karvy exchange transaction charges for options is ₹5500.

	Edelweiss	Karvy
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)	₹325
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)	₹325
Equity Futures	NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)	₹230
Equity Options	NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)	₹5500
Currency Futures	NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)	₹325
Currency Options	₹4000 per Cr (0.04%) (on premium)
Commodity		₹300

Edelweiss Vs Karvy Leverage (Margin)

Edelweiss provides the margin of Up to 40x for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

	Edelweiss	Karvy
Equity Delivery	Up to 10x	Upto 5x with 24% interest per year
Equity Intraday	Up to 40x	Upto 20x
Equity Futures	40x	Upto 4x
Equity Options	Nil	Upto 4x for shorting
Currency Futures	1.5x	Nil
Currency Options	Nil	Nil
Commodity Futures	Up to 6x	Upto 4x
Commodity Options

Compare Edelweiss and Karvy Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

	Edelweiss	Karvy
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	NEST, Karvy Web, Trade Mobile
Intraday Square-off Time	3:00 PM	3:15
Other Features		Ask the expert, The Finapolis
Referral Program

Edelweiss Vs Karvy Review

Edelweiss is rated 3.0 of 5 based on 51 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

	Edelweiss	Karvy
	51 Customer Reviews	24 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 51 customer reviews	Karvy is rated 2.0 of 5 based on 24 customer reviews

Edelweiss Vs Karvy Investment Options

	Edelweiss	Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Edelweiss Vs Karvy Order Type Offered

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

Edelweiss Vs Karvy Research Report

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

Edelweiss Vs Karvy Suitable For Investor Type

	Edelweiss	Karvy
Casual Investor
Active Investor
Trader

Edelweiss Vs Karvy - Pros and Cons

	Edelweiss	Karvy
Pros	Full-service broker offering discount brokerage plan. Trade at flat ₹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.	Pay ₹1200 one time and get life time free AMC demat account Offers investment in IPO and Mutual funds Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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 ₹20 per call.	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers
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.