Zerodha Vs Edelweiss Share Broker Comparison
The side-by-side comparison of Zerodha and Edelweiss Broking Ltd stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and Edelweiss's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and Edelweiss.
| |
Zerodha |
Edelweiss Broking Ltd |
| |
|
|
|
 |
 |
| About the Broker |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...  |
Incorporated in 1995, Edelweiss Financial Services Ltd is Mumbai India based diversified financial services group involve in 5 businesses including capital markets, asset management, credit, commodities and insurance.
The Retail Broking business o... |
Type of Broker
|
Discount Broker |
Full Service Broker |
| Supported Exchnage
|
NSE, BSE, MCX and NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
|
Standard Plan |
Standard Plan |
| Broker Enquiry |
|
|
Stock Broker Fees / Charges
| |
Zerodha |
Edelweiss Broking Ltd |
| Trading Account Opening Fees
|
₹300 |
₹750 |
| Trading Account AMC
|
₹0 (Free) |
₹0 |
| Demat Account Opening Fees
|
₹100 |
₹0 |
| Demat Account AMC
|
₹300 |
₹500 |
| Demat Account is Mandatory?
|
No |
No |
Trading Brokerage Charges
Brokerage Plan 1
| |
Zerodha |
Edelweiss Broking Ltd |
| Account Type |
Standard Plan |
Standard Plan |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
₹0 (Free) |
0.45% |
| Equity Intraday Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.06% |
| Equity Futures Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.06% |
| Equity Options Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹150 per lot |
| Currency Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.050% |
| Currency Options Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹50 per lot |
| Commodity Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
|
| Commodity Options Trading Brokerage
|
|
|
Brokerage Plan 2
| |
Zerodha |
Edelweiss Broking Ltd |
| Account Type |
Standard Plan |
Prepaid Plan - ( Rs 12,000 for 12 months) |
| Fixed Charges
|
|
₹12,000 + ₹1,800 (Service tax) |
| Equity Delivery Brokerage
|
₹0 (Free) |
0.30% |
| Equity Intraday Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.03% |
| Equity Futures Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.03% |
| Equity Options Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹90 per lot |
| Currency Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.04% |
| Currency Options Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹22 per lot |
| Commodity Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
|
| Commodity Options Trading Brokerage
|
|
|
Brokerage Plan 3
| |
Zerodha |
Edelweiss Broking Ltd |
| Account Type |
Standard Plan |
Prepaid Plan - (₹1,12,000 for 12 months) |
| Fixed Charges
|
|
₹1,12,000 + ₹16,800 (Service tax) |
| Equity Delivery Brokerage
|
₹0 (Free) |
0.10% |
| Equity Intraday Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.01% |
| Equity Futures Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.01% |
| Equity Options Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹25 per lot |
| Currency Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
0.01% |
| Currency Options Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
₹6 per lot |
| Commodity Futures Trading Brokerage
|
₹20 per executed order or .01% whichever is lower |
|
| Commodity Options Trading Brokerage
|
|
|
Other Charges
| Minimum Brokerage Charges
|
₹0 |
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures |
| Other Brokerage Charges
|
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
|
| Call & Trade Charges
|
₹20 per executed order |
|
Taxes
| |
Zerodha |
Edelweiss Broking Ltd |
| Securities Transaction Tax (STT)
|
- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
|
- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
|
| Exchange Transaction Charges
|
Check table below |
Check table below |
| SEBI Charges
|
Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
|
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
|
Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
| |
Zerodha |
Edelweiss Broking Ltd |
| Equity Delivery
|
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE ₹325 | BSE ₹275 |
| Equity Intraday
|
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
NSE ₹325 | BSE ₹275 |
| Equity Futures
|
NSE ₹210 per crore | BSE ₹1 per trade (each side) |
NSE ₹190 | BSE ₹190 |
| Equity Options
|
NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
NSE ₹5000 | BSE ₹5000 |
| Currency Futures
|
NSE ₹135 per crore (0.00135%) |
NSE ₹115 | BSE ₹115 |
| Currency Options
|
NSE ₹4400 (on premium) per crore (0.044%) |
NSE ₹4000 | BSE ₹4000 |
| Commodity
|
Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
|
Exposure
| |
Zerodha |
Edelweiss Broking Ltd |
| Equity Delivery
|
1x (no margin) |
|
| Equity Intraday
|
Up to 20x (based on the stock) |
|
| Equity Futures
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
|
| Equity Options
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
|
| Currency Futures
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
|
| Currency Options
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
|
| Commodity
|
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
|
Share Broker Features
| |
Zerodha |
Edelweiss Broking Ltd |
| 3 in 1 Account
|
 |
|
| Charting
|
 |
|
| Automated Trading
|
|
|
| SMS Alerts
|
|
|
| Online Demo
|
|
|
| Online Portfolio
|
|
|
| Margin Trading Funding Available
|
|
|
| Trading Platform
|
Kite Web, Kite Android/iOS, Pi, Coin |
Mobile Trader, Xtreme Trader (terminal), Trader |
| Intraday Square-off Time
|
3:10 PM |
3:00 PM |
| Other Features
|
Direct Mutual Funds |
|
Broker Ratings (Average User Rating)
| |
Zerodha |
Edelweiss Broking Ltd |
| |
321 Customer Reviews  |
20 Customer Reviews |
| Fees Ratings |
 |
 |
| Trading Brokerage Rating |
 |
 |
| Trading Platform Usability |
 |
 |
| Customer Service Ratings |
 |
 |
| Overall Ratings |
|
 |
| Broker Rating |
Zerodha is Rated 3.8 / 5 based on 321 customer reviews |
Edelweiss is Rated 2.4 / 5 based on 20 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
| |
Zerodha |
Edelweiss Broking Ltd |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
|
Note: IPOs are not available online. They can be applied from Edelweiss offices only. |
Customer Service Offered
| |
Zerodha |
Edelweiss Broking Ltd |
| 24/7 Customer Service
|
|
|
| Onine Live Chat
|
|
|
| Through Branches
|
|
|
Order Type
| |
Zerodha |
Edelweiss Broking Ltd |
| Bracket Order
|
|
|
| Cover Order
|
|
|
| Buy Today Sell Tomorrow (BTST)
|
|
|
| Sell Today Buy Tomorrow (STBT)
|
|
|
| After Market Order(AMO)
|
|
|
| Good Till Cancelled (GTC)
|
|
|
Research / Tips / Reports Published
| |
Zerodha |
Edelweiss Broking Ltd |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Suitable for Investor Category
| |
Zerodha |
Edelweiss Broking Ltd |
| Casual Investor
|
|
|
| Active Investor
|
|
|
| Trader
|
|
|
Pros, Cons and Other Review Comments
| |
Zerodha |
Edelweiss Broking Ltd |
| Pros
|
- Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
- Excellent trading platforms made available for free to all its customers.
- Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
- Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
- 10% referral credit for reffering new customers.
- Direct Mutual Fund Investment is available.
- Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
More Advantages... |
More Advantages... |
| Cons
|
- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
1. IPO cannot be applied online. Forms can be collected and submitted at Edelweiss offices only. More Disadvantages... |
| Reviews
|
Useful Articles about Zerodha:
|
|
| Promo / Offers
|
Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
|
|
|
Enquire about Zerodha
|
Enquire about Edelweiss
|
| Compare More Brokers |
|
|
Zerodha
Zero Account Opening Fee