Zerodha Vs Edelweiss (Compare Zerodha and Edelweiss)


Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha


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

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Zerodha Vs Edelweiss

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.

  Zerodha Edelweiss
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 2010 2002
Number of Branches 22 237
Open an Online Trading Account with Zerodha.Open an Online Trading Account with Edelweiss.
Open Zerodha AccountOpen Edelweiss Account
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Zerodha Vs Edelweiss Charges & AMC

Zerodha trading account opening charges is Rs 200 while Edelweiss account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

  Zerodha Edelweiss
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 500 (1st Year Free)
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Zerodha Vs Edelweiss Brokerage Charges & Plans

Zerodha Vs Edelweiss Brokerage

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

  Zerodha Edelweiss
Account Type Flat Brokerage Plan Edelweiss Lite
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 10 per executed order
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 10 per executed order
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 10 per executed order
Equity Options Rs 20 per executed order Rs 10 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 10 per executed order
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 10 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order or .03% whichever is lower
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Zerodha Vs Edelweiss Brokerage Plan 2

  Zerodha Edelweiss
Account Type Flat Brokerage Plan Edelweiss Elite
Fixed Charges
Equity Delivery Rs 0 (Free) 0.30%
Equity Intraday Rs 20 per executed order or .03% whichever is lower 0.03%
Equity Futures Rs 20 per executed order or .03% whichever is lower 0.03%
Equity Options Rs 20 per executed order Rs 75 per lot
Currency Futures Rs 20 per executed order or .03% whichever is lower 0.02%
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 22 per lot
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order or .03% whichever is lower
Open Zerodha AccountOpen Edelweiss Account

Zerodha Charges Vs Edelweiss

Minimum Brokerage 0.03% in Intraday and F&O 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 50 per executed order Rs 20 per call
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Zerodha Vs Edelweiss Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Edelweiss exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

  Zerodha Edelweiss
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) Rs 4000 per Cr (0.04%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%)
Open Zerodha AccountOpen Edelweiss Account
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Zerodha Vs Edelweiss Leverage (Margin)

Zerodha margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Edelweiss margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Zerodha Edelweiss
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Open Zerodha AccountOpen Edelweiss Account
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Compare Zerodha and Edelweiss Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

  Zerodha Edelweiss
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:00 PM
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
Open Zerodha AccountOpen Edelweiss Account
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Zerodha Vs Edelweiss Review

Zerodha is rated 3.7 of 5 based on 435 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 65 customer reviews.

  Zerodha Edelweiss
  435 Customer Reviews    Rate Zerodha 65 Customer Reviews    Rate Edelweiss
Fees 3.7 3.1
Brokerage 4.3 3.1
Trading Platform 3.6 3.5
Customer Service 3.4 2.7
Research Capabilities 2.7 2.8
Overall Ratings Rated 3.7 stars Rated 3.0 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 435 customer reviews Edelweiss is rated 3.0 of 5 based on 65 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire Edelweiss Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
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Zerodha Vs Edelweiss Investment Options

  Zerodha Edelweiss
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Zerodha Vs Edelweiss Order Type Offered

  Zerodha 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) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Zerodha AccountOpen Edelweiss Account
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Zerodha Vs Edelweiss Research Report

  Zerodha Edelweiss
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Zerodha Vs Edelweiss Suitable For Investor Type

  Zerodha Edelweiss
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs Edelweiss - Pros and Cons

  Zerodha Edelweiss
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 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
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  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 Rs 20 per call.
Reviews
Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Open Zerodha AccountOpen Edelweiss Account

Frequently Asked Questions

  1. 1. Which is best Edelweiss vs Zerodha?

    Edelweiss is a full-service stock broker whereas Zerodha is an online discount broker. Edelweiss also offers a no-frill discount brokerage plan (Rs 10 per trade) which is similar to Zerodha's brokerage plan (Rs 20 per trade). The Edelweiss plan is 50% cheaper which makes it more economical then Zerodha.

    Edelweiss Vs Zerodha Similarities

    • Both have strong brand names with an excellent track record.
    • Both offer discount brokerage plan.
    • Both have excellent online trading platforms.
    • Online investment in mutual funds and IPOs.

    Edelweiss Vs Zerodha Differences

    • Free Equity Delivery Trades

      Equity delivery trades are free on Zerodha whereas Edelweiss charges brokerage on all types of trades.

    • Commodity Trading

      Edelweiss doesn't offer commodity trading whereas Zerodha offers commodity trading.

    • Research & Recommendations

      Edelweiss offers research services whereas Zerodha doesn't offer research services. Research services are free on Edelweiss Elite plan and are chargeable at Rs 50 per month on the Edelweiss Lite plan (Rs 10 per trade brokerage).

    • Offline Services

      Zerodha offers its services online only. Edelweiss offers both online and offline services through 475+ branches in 200 locations as of May 2020. Edelweiss also offers Relationship Manager Services for trading assistance.

    • Customer Education

      Zerodha offers a free customer education portal whereas in Edelweiss Investology each course is charged at Rs 100 per course.

    • Direct Mutual Funds

      Zerodha offers direct mutual funds that deliver 1 to 2% higher returns than regular funds. Edelweiss offers regular mutual funds only.

    Conclusion

    For customers who need personalized services, hand-holding and research, Edelweiss is a good choice. Zerodha is a next-generation broker with a high technology focus, strong management and clear business strategies.

     

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