The side-by-side comparison of Zerodha and Edelweiss. Compare Zerodha Vs Edelweiss brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs 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...
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...
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 | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX, NCDEX |
Account Type | Flat Brokerage Plan | Edelweiss Lite |
Year of Incorporation | 2010 | 2002 |
Number of Branches | 22 | 237 |
Broker Enquiry |
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Enquire Zerodha | Enquire Edelweiss |
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 | |
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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) |
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 | |
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Account Type | Flat Brokerage Plan | Edelweiss Lite |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 10 per executed order |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 10 per executed order |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 10 per executed order |
Equity Options Brokerage | Rs 20 per executed order | Rs 10 per executed order |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 10 per executed order |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 10 per executed order |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat Rs 10 per order. Get free trading and demat account. Request a Callback. |
Zerodha | Edelweiss | |
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Account Type | Flat Brokerage Plan | Edelweiss Elite |
Fixed Charges | ||
Equity Delivery Brokerage | Rs 0 (Free) | 0.30% |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.03% |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.03% |
Equity Options Brokerage | Rs 20 per executed order | Rs 75 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.02% |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 22 per lot |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Enquire Zerodha | Enquire Edelweiss |
Minimum Brokerage Charges | 0.03% in Intraday and F&O | 0.03% Equity delivery, 0.01% Intra-day and Futures |
Other Brokerage 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 |
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%) | |
Enquire Zerodha | Enquire Edelweiss |
Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Edelweiss margin for intraday cash is Up to 40x.
Zerodha | Edelweiss | |
---|---|---|
Equity Delivery | 1x (no margin) | Up to 10x |
Equity Intraday | Up to 20x (based on the stock) | Up to 40x |
Equity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | 40x |
Equity Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | 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) | Nil |
Commodity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span | Up to 6x |
Commodity Options | ||
Enquire Zerodha | Enquire Edelweiss |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 | ![]() |
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Enquire Zerodha | Enquire Edelweiss |
Zerodha is rated 3.7 of 5 based on 418 customer reviews whereas Edelweiss is rated 2.9 of 5 based on 58 customer reviews.
Zerodha | Edelweiss | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Zerodha | Enquire Edelweiss |
Zerodha | Edelweiss | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha 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 @ Rs 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 Zerodha | Enquire Edelweiss |
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
Edelweiss Vs Zerodha Differences
Equity delivery trades are free on Zerodha whereas Edelweiss charges brokerage on all types of trades.
Edelweiss doesn't offer commodity trading whereas Zerodha offers commodity trading.
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).
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.
Zerodha offers a free customer education portal whereas in Edelweiss Investology each course is charged at Rs 100 per course.
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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