Zerodha Vs Edelweiss (Compare Zerodha and Edelweiss)

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... 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
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 Open an Online Trading Account with Zerodha. 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.
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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 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 Vs Edelweiss Brokerage Plan 2

  Zerodha Edelweiss
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 ZerodhaEnquire Edelweiss

Zerodha Charges Vs 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
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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%)
Enquire ZerodhaEnquire Edelweiss
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Zerodha Vs Edelweiss Leverage (Margin)

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 ZerodhaEnquire Edelweiss
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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 Available 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
Enquire ZerodhaEnquire Edelweiss
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Zerodha Vs Edelweiss Review

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
  418 Customer Reviews    Rate Zerodha 58 Customer Reviews    Rate Edelweiss
Fees 3.7 3.1
Trading Brokerage 4.3 3.1
Trading Platform Usability 3.6 3.5
Customer Service 3.4 2.7
Research Capabilities 2.7 2.8
Overall Ratings Rated 3.7 stars Rated 2.9 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 418 customer reviews Edelweiss is rated 2.9 of 5 based on 58 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire Edelweiss Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer

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

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Zerodha Vs Edelweiss Investment Options

  Zerodha Edelweiss
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (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 Yes 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
Enquire ZerodhaEnquire Edelweiss
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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
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs Edelweiss - Pros and Cons

  Zerodha Edelweiss
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.03% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
  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
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 50 order.
  • Auto Square off is charged at extra Rs 50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.
  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

Get 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 ZerodhaEnquire Edelweiss

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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