ICICI Direct Vs Edelweiss (Compare ICICI Direct and Edelweiss)

The side-by-side comparison of ICICI Direct and Edelweiss. Compare ICICI Direct Vs Edelweiss brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Edelweiss?


ICICI Direct
ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com). ICICIDirect.com is the flags... Know more about ICICI Securities Pvt Ltd.


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... Know more about Edelweiss Broking Ltd

Expand

ICICI Direct Vs Edelweiss

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.

  ICICI Direct Edelweiss
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX, NCDEX
Account Type 3-in-1 Account (I-Secure Plan) Edelweiss Lite
Year of Incorporation 2000 2002
Number of Branches 154 237
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you.
Enquire ICICI DirectEnquire Edelweiss
Expand

ICICI Direct Vs Edelweiss Charges & AMC

ICICI Direct trading account opening charges is ₹975 while Edelweiss account opening changes is ₹0 (Free). ICICI Direct Demat Account AMC Charges is ₹700 and Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free).

  ICICI Direct Edelweiss
Trading Account Opening Charges ₹975 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹700 ₹500 (1st Year Free)
Expand

ICICI Direct Vs Edelweiss Brokerage Charges & Plans

ICICI Direct Vs Edelweiss Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order.

  ICICI Direct Edelweiss
Account Type 3-in-1 Account (I-Secure Plan) Edelweiss Lite
Fixed Charges
Equity Delivery Brokerage 0.55% ₹10 per executed order
Equity Intraday Brokerage 0.275% ₹10 per executed order
Equity Futures Brokerage 0.05% to 0.03% ₹10 per executed order
Equity Options Brokerage ₹95 to ₹35 per lot ₹10 per executed order
Currency Futures Trading Brokerage 0.050% to 0.030% ₹10 per executed order
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹10 per executed order
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.
Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

ICICI Direct Vs Edelweiss Brokerage Plan 2

  ICICI Direct Edelweiss
Account Type I-Saver Plan Edelweiss Elite
Fixed Charges
Equity Delivery Brokerage 0.75% to 0.25% 0.30%
Equity Intraday Brokerage 0.75% to 0.25% 0.03%
Equity Futures Brokerage 0.05% to 0.03% 0.03%
Equity Options Brokerage ₹95 to ₹65 per lot ₹75 per lot
Currency Futures Trading Brokerage 0.05% to 0.03% 0.02%
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹22 per lot
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA
Enquire ICICI DirectEnquire Edelweiss

ICICI Direct Vs Edelweiss Brokerage Plan 3

  ICICI Direct Edelweiss
Account Type ICICIdirect Prime Plan Edelweiss Lite
Fixed Charges ₹900 NA
Equity Delivery Brokerage 0.25% ₹10 per executed order
Equity Intraday Brokerage 0.25% ₹10 per executed order
Equity Futures Brokerage 0.025% ₹10 per executed order
Equity Options Brokerage ₹35 ₹10 per executed order
Currency Futures Trading Brokerage ₹0 ₹10 per executed order
Currency Options Trading Brokerage ₹0 ₹10 per executed order
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA
Enquire ICICI DirectEnquire Edelweiss

ICICI Direct Charges Vs Edelweiss

Minimum Brokerage Charges ₹35 per trade 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Brokerage Charges Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹20 per call
Expand

ICICI Direct Vs Edelweiss Transaction Charges

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

  ICICI Direct Edelweiss
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures ₹180 per Cr (0.0018%) NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹120 per Cr (0.0012%) NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)
Currency Options ₹5000 per Cr (0.05%) (on premium) ₹4000 per Cr (0.04%) (on premium)
Commodity NA
Enquire ICICI DirectEnquire Edelweiss
Expand

ICICI Direct Vs Edelweiss Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Edelweiss margin for intraday cash is Up to 40x.

  ICICI Direct Edelweiss
Equity Delivery 5x with Interest Up to 10x
Equity Intraday Upto 25x Up to 40x
Equity Futures 4x 40x
Equity Options 2x for shorting Nil
Currency Futures NA 1.5x
Currency Options NA Nil
Commodity Futures NA Up to 6x
Commodity Options
Enquire ICICI DirectEnquire Edelweiss
Expand

Compare ICICI Direct and Edelweiss Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

  ICICI Direct Edelweiss
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time 3:30 PM 3:00 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
Enquire ICICI DirectEnquire Edelweiss
Expand

ICICI Direct Vs Edelweiss Review

ICICI Direct is rated 2.4 of 5 based on 422 customer reviews whereas Edelweiss is rated 3.1 of 5 based on 48 customer reviews.

  ICICI Direct Edelweiss
  422 Customer Reviews    Rate ICICI Direct 48 Customer Reviews    Rate Edelweiss
Fees 2.3 3.2
Trading Brokerage 1.7 3.2
Trading Platform Usability 3.4 3.6
Customer Service 2.7 2.9
Research Capabilities 3.0 3.0
Overall Ratings Rated 2.4 stars Rated 3.1 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 422 customer reviews Edelweiss is rated 3.1 of 5 based on 48 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Direct Enquire Edelweiss Enquire
Contact Broker

Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Expand

ICICI Direct Vs Edelweiss Investment Options

  ICICI Direct Edelweiss
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
Expand

ICICI Direct Vs Edelweiss Order Type Offered

  ICICI Direct Edelweiss
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Enquire ICICI DirectEnquire Edelweiss
Expand

ICICI Direct Vs Edelweiss Research Report

  ICICI Direct Edelweiss
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

ICICI Direct Vs Edelweiss Suitable For Investor Type

  ICICI Direct Edelweiss
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

ICICI Direct Vs Edelweiss - Pros and Cons

  ICICI Direct Edelweiss
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat ₹10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of ₹20 per call.
Reviews
Promo / Offers

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

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.

Enquire ICICI DirectEnquire Edelweiss

Compare More Brokers...

ICICI Direct Edelweiss
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App