Zerodha Vs Edelweiss (Compare Zerodha and Edelweiss)

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
	Enquire Zerodha	Enquire Edelweiss

Zerodha Vs Edelweiss Charges & AMC

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

	Zerodha	Edelweiss
Trading Account Opening Charges	₹200	₹0 (Free)
Trading Account AMC Charges	₹0 (Free)	₹0
Demat Account Opening Charges	₹0	₹0 (Free)
Demat Account AMC Charges	₹300	₹500 (1st Year Free)

Zerodha Vs Edelweiss Brokerage

Zerodha 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.

	Zerodha	Edelweiss
Account Type	Flat Brokerage Plan	Edelweiss Lite
Fixed Charges
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 or .03% whichever is lower	₹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 or .03% whichever is lower
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + 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.

Zerodha Vs Edelweiss Brokerage Plan 2

	Zerodha	Edelweiss
Account Type	Flat Brokerage Plan	Edelweiss Elite
Fixed Charges
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 or .03% whichever is lower	₹22 per lot
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order or .03% whichever is lower
	Enquire Zerodha	Enquire 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: ₹20, Trade SMS Alerts: ₹1 per SMS	Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges	₹50 per executed order	₹20 per call

Zerodha Vs Edelweiss Transaction Charges

Zerodha transaction charges for options is NSE ₹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).

	Zerodha	Edelweiss
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures	NSE ₹190 per Cr (0.0019%)	NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options	NSE ₹5000 per Cr (0.05%) (on premium)	NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)	NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)
Currency Options	NSE ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium)	₹4000 per Cr (0.04%) (on premium)
Commodity	Group A - ₹260 per Cr (0.0026%)
	Enquire Zerodha	Enquire Edelweiss

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 Zerodha	Enquire Edelweiss

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
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	Kite Web, Kite Mobile for Android/iOS and Coin	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time	3:10 PM	3:00 PM
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program
	Enquire Zerodha	Enquire Edelweiss

Zerodha Vs Edelweiss Review

Zerodha is rated 3.7 of 5 based on 386 customer reviews whereas Edelweiss is rated 3.1 of 5 based on 48 customer reviews.

	Zerodha	Edelweiss
	386 Customer Reviews	48 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 386 customer reviews	Edelweiss is rated 3.1 of 5 based on 48 customer reviews

Zerodha Vs Edelweiss Investment Options

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

Zerodha Vs Edelweiss Order Type Offered

	Zerodha	Edelweiss
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Zerodha	Enquire Edelweiss

Zerodha Vs Edelweiss Research Report

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

Zerodha Vs Edelweiss Suitable For Investor Type

	Zerodha	Edelweiss
Casual Investor
Active Investor
Trader

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 ₹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.	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	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra ₹50 order. Auto Square off is charged at extra ₹50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.	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 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 @ ₹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

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 (₹10 per trade) which is similar to Zerodha's brokerage plan (₹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 ₹50 per month on the Edelweiss Lite plan (₹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 ₹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.

   Discuss this Question