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
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2010	2002
Number of Branches	22	237
	Open Zerodha Account	Open Edelweiss Account

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)

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 Account	Open 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

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 Account	Open Edelweiss Account

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 Account	Open Edelweiss Account

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
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	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
	Open Zerodha Account	Open Edelweiss Account

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	65 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

Zerodha Vs Edelweiss Investment Options

	Zerodha	Edelweiss
Stock / Equity
Commodity
Currency
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)
	Open Zerodha Account	Open Edelweiss Account

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	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.	Full-service broker offering discount brokerage plan. Trade at flat Rs 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	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.	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 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 Account	Open Edelweiss Account

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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