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 largest and most popular stock broker. It offers online flat fee discount brokerage services to invest and trade in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges ₹0 brokerage for equity delivery trades. For intraday and F&O, it charges flat ₹20 or 0.03% (whichever is lower) per executed order. With Zerodha, the maximum brokerage you pay for any transaction is ₹20 for an order (of any size and in any segment). Zerodha Review 2020- Quick Summary ... 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 ₹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)
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Zerodha Vs Edelweiss Brokerage Charges & Plans

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 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: ₹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
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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%)
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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
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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 3:10 PM 3:00 PM
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
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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    Rate Zerodha 48 Customer Reviews    Rate Edelweiss
Fees 3.7 3.2
Trading Brokerage 4.3 3.2
Trading Platform Usability 3.6 3.6
Customer Service 3.4 2.9
Research Capabilities 2.6 3.0
Overall Ratings Rated 3.7 stars Rated 3.1 stars
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
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Contact Broker / Request A Call Back

  Zerodha Enquire Edelweiss Enquire
Contact Broker

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

[Full-service Discount Brokerage Plan] Trade @ flat ₹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 ₹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 ₹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 ₹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.
  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 ₹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.

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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 (₹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.

     

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