Fyers Vs Edelweiss (Compare Fyers and Edelweiss)

Fyers Vs Edelweiss

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

	Fyers	Edelweiss
Type of Broker	Discount Broker	Full Service Broker
Supported Exchnages	NSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	Flat Fee Brokerage Plan	Edelweiss Lite
Year of Incorporation	2015	2002
Number of Branches	0	237
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Fyers Vs Edelweiss Charges & AMC

Fyers trading account opening charges is ₹400 (Free) while Edelweiss account opening changes is ₹0 (Free). Fyers Demat Account AMC Charges is ₹300 and Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free).

	Fyers	Edelweiss
Trading Account Opening Charges	₹400 (Free)	₹0 (Free)
Trading Account AMC Charges	₹0 (Free)	₹0
Demat Account Opening Charges	₹0 (Free)	₹0 (Free)
Demat Account AMC Charges	₹300	₹500 (1st Year Free)

Fyers Vs Edelweiss Brokerage

Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order.

	Fyers	Edelweiss
Account Type	Flat Fee Brokerage Plan	Edelweiss Lite
Fixed Charges	NA
Equity Delivery Brokerage	₹0 (Free)	₹10 per executed order
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	₹10 per executed order
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	₹10 per executed order
Equity Options Brokerage	₹20 per executed order	₹10 per executed order
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹10 per executed order
Currency Options Trading Brokerage	₹20 per executed order	₹10 per executed order
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer	Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Fyers Vs Edelweiss Brokerage Plan 2

	Fyers	Edelweiss
Account Type	Flat Fee Brokerage Plan	Edelweiss Elite
Fixed Charges	NA
Equity Delivery Brokerage	₹0 (Free)	0.30%
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	0.03%
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	0.03%
Equity Options Brokerage	₹20 per executed order	₹75 per lot
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	0.02%
Currency Options Trading Brokerage	₹20 per executed order	₹22 per lot
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order
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Fyers Charges Vs Edelweiss

Minimum Brokerage Charges	Intra-day: ₹7 or 2.5% whichever is lower	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Brokerage Charges	Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)	Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges	₹20 per trade	₹20 per call

Fyers Vs Edelweiss Transaction Charges

Fyers transaction charges for options is ₹5900 per Cr (on premium) (0.059%) while Edelweiss exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium).

	Fyers	Edelweiss
Equity Delivery	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday	₹325 per Cr (0.00325%)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures	₹240 per Cr (0.0024%)	NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options	₹5900 per Cr (on premium) (0.059%)	NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	₹240 per Cr (0.0024%)	NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)
Currency Options	₹5900 per Cr (on premium) (0.059%)	₹4000 per Cr (0.04%) (on premium)
Commodity	NA
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Fyers Vs Edelweiss Leverage (Margin)

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Edelweiss margin for intraday cash is Up to 40x.

	Fyers	Edelweiss
Equity Delivery	1 times	Up to 10x
Equity Intraday	Up to 16x (based on the stock)	Up to 40x
Equity Futures	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)	40x
Equity Options	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x	Nil
Currency Futures	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	1.5x
Currency Options	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)	Nil
Commodity Futures	NA	Up to 6x
Commodity Options
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Compare Fyers and Edelweiss Features

The trading platforms offered Fyers include Fyers One (In-house build). Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

	Fyers	Edelweiss
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	Fyers One (In-house build)	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time	3:20 PM	3:00 PM
Other Features	Brokerage free thematic investing is available
Referral Program
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Fyers Vs Edelweiss Review

Fyers is rated 4.0 of 5 based on 14 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 51 customer reviews.

	Fyers	Edelweiss
	14 Customer Reviews	51 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 4.0 of 5 based on 14 customer reviews	Edelweiss is rated 3.0 of 5 based on 51 customer reviews

Fyers Vs Edelweiss Investment Options

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

Fyers Vs Edelweiss Order Type Offered

	Fyers	Edelweiss
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Fyers Vs Edelweiss Research Report

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

Fyers Vs Edelweiss Suitable For Investor Type

	Fyers	Edelweiss
Casual Investor
Active Investor
Trader

Fyers Vs Edelweiss - Pros and Cons

	Fyers	Edelweiss
Pros	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum ₹20 per trade. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!	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.
Cons	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.	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.
Reviews
Promo / Offers	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.	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.
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