The side-by-side comparison of Edelweiss and Karvy. Compare Edelweiss Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Edelweiss review.
Find out Edelweiss Vs Karvy which is better and Edelweiss Vs Karvy which is best.
Our Edelweiss Broking Ltd comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Edelweiss and Karvy.
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...
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX
BSE, NSE, MCX
Account Type
Discount Brokerage Plan
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
2002
1985
Number of Branches
237
575
Edelweiss Vs Karvy Charges
Edelweiss
Karvy
Trading Account Opening Fees
₹750
₹650
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
Free (₹500 2nd year onward)
₹420
Demat Account is Mandatory?
No
No
Edelweiss Vs Karvy Brokerage
Brokerage Plan 1
Edelweiss
Karvy
Account Type
Discount Brokerage Plan
Retail Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.01%
0.3%
Equity Intraday Brokerage
0.01%
0.03%
Equity Futures Brokerage
₹5 per lot
0.03%
Equity Options Brokerage
₹5 per lot
₹30 per lot
Currency Futures Trading Brokerage
₹5 per lot
0.03%
Currency Options Trading Brokerage
₹5 per lot
₹30 per lot
Commodity Futures Trading Brokerage
0.03%
Commodity Options Trading Brokerage
₹30 per lot
Brokerage Plan 2
Edelweiss
Karvy
Account Type
Prepaid Plan (₹12,000 for 12 months)
Premium Subscription Plan of 100000
Fixed Charges
₹12,000 + ₹1,800 (Service tax)
₹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
₹90 per lot
₹10 per lot
Currency Futures Trading Brokerage
0.04%
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
Brokerage Plan 3
Edelweiss
Karvy
Account Type
Prepaid Plan (₹1,12,000 for 12 months)
Retail Brokerage Plan
Fixed Charges
₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage
0.10%
0.3%
Equity Intraday Brokerage
0.01%
0.03%
Equity Futures Brokerage
0.01%
0.03%
Equity Options Brokerage
₹25 per lot
₹30 per lot
Currency Futures Trading Brokerage
0.01%
0.03%
Currency Options Trading Brokerage
₹6 per lot
₹30 per lot
Commodity Futures Trading Brokerage
0.03%
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges
Free
Edelweiss Vs Karvy Taxes
Edelweiss
Karvy
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 Karvy Transaction Charges
Edelweiss
Karvy
Equity Delivery
NSE ₹325 | BSE ₹275
₹325
Equity Intraday
NSE ₹325 | BSE ₹275
₹325
Equity Futures
NSE ₹190 | BSE ₹190
₹230
Equity Options
NSE ₹5000 | BSE ₹5000
₹5500
Currency Futures
NSE ₹115 | BSE ₹115
₹325
Currency Options
NSE ₹4000 | BSE ₹4000
Commodity
₹300
Edelweiss Vs Karvy Exposure Margin
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
Edelweiss and Karvy Feature Comparison
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
Karvy
24 Customer Reviews
21 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
Karvy is Rated 2.1 / 5 based on 21 customer reviews
Contact Broker / Request A Call Back
Edelweiss Enquire
Karvy Enquire
Contact Broker
Edelweiss Vs Karvy Investment Options
Edelweiss
Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Note: IPO
Edelweiss Vs Karvy Customer Service
Edelweiss
Karvy
24/7 Customer Service
Onine Live Chat
Through Branches
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 - Advantages and Disadvantages
Edelweiss
Karvy
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.
Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund
Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.
Interested in opening a trading account? Request Callback from Karvy Stock Broking.
Zerodha
Zero Account Opening Fee