Zerodha
Edelweiss
ICICI Direct
HDFC Sec
Aditya Birla
SBI Capital
Axis Direct
Kotak Sec
5Paisa
Motilal Oswal
Sharekhan
Indiabulls
SMC Global
ProStocks
Trade Smart
SASOnline
Fyers
Upstox
Alice Blue
IIFL
Angel Broking
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.
| Edelweiss | Karvy | |
|---|---|---|
| Find more info about broker | ||
 |
 |
|
| About the Broker | 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...  |
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, |
| Type of Broker | Full Service Broker | Full Service Broker |
| Supported Exchnage | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Account Type | Edelweiss Lite | Retail Brokerage Plan |
| Broker Enquiry |
|
|
| Year of Incorporation | 2002 | 1985 |
| Number of Branches | 237 | 575 |
| Enquire Edelweiss |
| Edelweiss | Karvy | |
|---|---|---|
| Trading Account Opening Fees | ₹750 | ₹650 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account Opening Fees | ₹0 | ₹0 |
| Demat Account AMC | Free (₹300 2nd year onward) | ₹420 |
| Demat Account is Mandatory? | No | No |
| Edelweiss | Karvy | |
|---|---|---|
| Account Type | Edelweiss Lite | Retail Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery Brokerage | ₹10 or 0.01% whichever lower | 0.3% |
| Equity Intraday Brokerage | ₹10 or 0.01% whichever lower | 0.03% |
| Equity Futures Brokerage | ₹10 or 0.01% whichever lower | 0.03% |
| Equity Options Brokerage | ₹10 or executed order | ₹30 per lot |
| Currency Futures Trading Brokerage | ₹10 or 0.01% whichever lower | 0.03% |
| Currency Options Trading Brokerage | ₹10 or 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 (₹750 waived on account opening) for limited time. Request a Callback. |
| 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 |
| 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 |
| 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 | ₹20 per call |
| Edelweiss | Karvy | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Securities Transaction Tax (STT) |
|
|||||||||||||||
| 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 | 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 | 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 | 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 | Karvy | |
|---|---|---|
44 Customer Reviews  |
24 Customer Reviews |
|
| Fees |  |
 |
| Trading Brokerage | |
 |
| Trading Platform Usability |  |
 |
| Customer Service |  |
 |
| Research Capabilities |  |
|
| Overall Ratings |  |
 |
| Broker Rating | Edelweiss is Rated 3.1 / 5 based on 44 customer reviews | Karvy is Rated 2.0 / 5 based on 24 customer reviews |
| Edelweiss Enquire | Karvy Enquire | |
|---|---|---|
| Contact Broker |
| Edelweiss | Karvy | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| Initial Public Offers (IPO) | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options |
| Edelweiss | Karvy | |
|---|---|---|
| 24/7 Customer Service | |
|
| Onine Live Chat | |
|
| Through Branches | |
|
| 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 | Karvy | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
|
| Edelweiss | Karvy | |
|---|---|---|
| Casual Investor | |
|
| Active Investor | |
|
| Trader | |
| Edelweiss | Karvy | |
|---|---|---|
| Pros | 1. Full service broker offering discount brokerage plan. Trade at flat ₹10 per executed order across all segments. 3. Offer commodity trading on the same trading trading platform. 4. Free research and trading tips calls to all the customers. |
|
| Cons | 1. IPO cannot be applied online. 2. Bracket order is not available. 3. Good Till cancelled orders are not available. |
|
| Reviews | ||
| Promo / Offers | Edelweiss Lite (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 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. |
WAIT! We can help you find best broker:
Zero Account Opening Fee Cheapest Brokerage Fee Excellent Customer Service FREE Software (i.e. Terminal) Hand Holding (For Beginners) FREE Tips & Reports Local Branch (In Your City) Low AMC ChargesBest 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)
5paisa (₹20/trade) Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox RKSV (₹20) Edelweiss (₹10 per Trade) 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...Message Board
Stock Message BoardOptions Basics
Options Overview Benefits & Risks of Options Options Pricing More Articles... Options Trading FAQs Options Trading GlossaryBroker 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 FinvasiaHistory 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