The side-by-side comparison of Edelweiss and Karvy. Compare Edelweiss Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Edelweiss vs Karvy?
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...
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
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 trading account opening charges is Rs 0 (Free) while Karvy account opening changes is Rs 650. Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free) and Karvy Demat Account AMC Charges is Rs 420.
Edelweiss | Karvy | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 650 |
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 420 |
Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 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 | Rs 10 per executed order | 0.3% |
Equity Intraday Brokerage | Rs 10 per executed order | 0.03% |
Equity Futures Brokerage | Rs 10 per executed order | 0.03% |
Equity Options Brokerage | Rs 10 per executed order | Rs 30 per lot |
Currency Futures Trading Brokerage | Rs 10 per executed order | 0.03% |
Currency Options Trading Brokerage | Rs 10 per executed order | Rs 30 per lot |
Commodity Futures Trading Brokerage | 0.03% | |
Commodity Options Trading Brokerage | Rs 30 per lot | |
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 | Karvy | |
---|---|---|
Account Type | Edelweiss Elite | Premium Subscription Plan of 100000 |
Fixed Charges | Rs 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 | Rs 75 per lot | Rs 10 per lot |
Currency Futures Trading Brokerage | 0.02% | 0.01% |
Currency Options Trading Brokerage | Rs 22 per lot | Rs 10 per lot |
Commodity Futures Trading Brokerage | 0.01% | |
Commodity Options Trading Brokerage | Rs 10 per lot |
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: Rs 50 per month, | |
Call & Trade Charges | Rs 20 per call |
Edelweiss transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Karvy exchange transaction charges for options is Rs 5500.
Edelweiss | Karvy | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | Rs 325 |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | Rs 325 |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) | Rs 230 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) | Rs 5500 |
Currency Futures | NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) | Rs 325 |
Currency Options | Rs 4000 per Cr (0.04%) (on premium) | |
Commodity | Rs 300 |
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 |
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 is rated 3.0 of 5 based on 57 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.
Edelweiss | Karvy | |
---|---|---|
Pros |
|
|
Cons |
|
|
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. |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc