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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
 
Zerodha Logo Edelweiss Broking Ltd Logo
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... Know more about Zerodha 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... Know more about Edelweiss Broking Ltd
Type of Broker What is this parameter? Discount Broker Full Service Broker
Supported Exchnage What is this parameter? NSE, BSE, MCX and NCDEX BSE, NSE, MCX, NCDEX
Account Type What is this parameter? Standard Plan Discount Brokerage Plan
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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Stock Broker Fees / Charges

  Zerodha Edelweiss Broking Ltd
Trading Account Opening Fees What is this parameter? ₹300 ₹750
Trading Account AMC What is this parameter? ₹0 (Free) ₹0
Demat Account Opening Fees What is this parameter? ₹100 ₹0
Demat Account AMC What is this parameter? ₹300 ₹500
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Zerodha Edelweiss Broking Ltd
Account Type Standard Plan Discount Brokerage Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? ₹0 (Free) 0.01%
Equity Intraday Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹5 per lot
Equity Options Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹5 per lot
Currency Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹5 per lot
Currency Options Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹5 per lot
Commodity Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Zerodha Edelweiss Broking Ltd
Account Type Standard Plan Prepaid Plan (₹12,000 for 12 months)
Fixed Charges What is this parameter? ₹12,000 + ₹1,800 (Service tax)
Equity Delivery Brokerage What is this parameter? ₹0 (Free) 0.30%
Equity Intraday Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower 0.03%
Equity Futures Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower 0.03%
Equity Options Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹90 per lot
Currency Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower 0.04%
Currency Options Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹22 per lot
Commodity Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 3

  Zerodha Edelweiss Broking Ltd
Account Type Standard Plan Prepaid Plan (₹1,12,000 for 12 months)
Fixed Charges What is this parameter? ₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage What is this parameter? ₹0 (Free) 0.10%
Equity Intraday Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower 0.01%
Equity Options Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹25 per lot
Currency Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower 0.01%
Currency Options Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹6 per lot
Commodity Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹0 3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges What is this parameter? Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges What is this parameter? ₹20 per executed order Free
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Taxes

  Zerodha Edelweiss Broking Ltd
Securities Transaction Tax (STT) What is this parameter?
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Zerodha Edelweiss Broking Ltd
Equity Delivery What is this parameter? NSE ₹325 per crore | BSE ₹1 per trade (each side) NSE ₹325 | BSE ₹275
Equity Intraday What is this parameter? NSE ₹325 per crore | BSE ₹1 per trade (each side) NSE ₹325 | BSE ₹275
Equity Futures What is this parameter? NSE ₹210 per crore | BSE ₹1 per trade (each side) NSE ₹190 | BSE ₹190
Equity Options What is this parameter? NSE ₹5300 per crore | BSE ₹1 per trade (each side) NSE ₹5000 | BSE ₹5000
Currency Futures What is this parameter? NSE ₹135 per crore (0.00135%) NSE ₹115 | BSE ₹115
Currency Options What is this parameter? NSE ₹4400 (on premium) per crore (0.044%) NSE ₹4000 | BSE ₹4000
Commodity What is this parameter? Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore
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Exposure

  Zerodha Edelweiss Broking Ltd
Equity Delivery What is this parameter? 1x (no margin) Up to 10x
Equity Intraday What is this parameter? Up to 20x (based on the stock) Up to 40x
Equity Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 40x
Equity Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Nil
Currency Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1.5x
Currency Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Nil
Commodity What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span Up to 6x
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Share Broker Features

  Zerodha Edelweiss Broking Ltd
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes No
SMS Alerts What is this parameter? No Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No Yes
Margin Trading Funding Available What is this parameter? No Yes
Margin Against Shares (Equity Cash) What is this parameter? Yes
Margin Against Shares (Equity F&O) What is this parameter? Yes
Trading Platform What is this parameter? Kite Web, Kite Android/iOS, Pi, Coin Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time What is this parameter? 3:10 PM 3:00 PM
Other Features What is this parameter? Direct Mutual Funds
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Broker Ratings (Average User Rating)

  Zerodha Edelweiss Broking Ltd
  327 Customer Reviews    Rate Zerodha 21 Customer Reviews    Rate Edelweiss
Fees Ratings 3.8 2.6
Trading Brokerage Rating 4.4 2.2
Trading Platform Usability 3.6 3.3
Customer Service Ratings 3.5 2.0
Overall Ratings Rated 3.8 stars Rated 2.4 stars
Broker Rating Zerodha is Rated 3.8 / 5 based on 327 customer reviews Edelweiss is Rated 2.4 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Edelweiss Broking Ltd
Contact / Request Call Back
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Investment Options Available

  Zerodha Edelweiss Broking Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? No Yes
Debt What is this parameter? No Yes
Other Investment Options What is this parameter? Note: IPO
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Customer Service Offered

  Zerodha Edelweiss Broking Ltd
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No No
Through Branches What is this parameter? No Yes
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Order Type

  Zerodha Edelweiss Broking Ltd
Bracket Order What is this parameter? No
Cover Order What is this parameter? Yes
Buy Today Sell Tomorrow (BTST) What is this parameter? Yes
Sell Today Buy Tomorrow (STBT) What is this parameter? Yes
After Market Order(AMO) What is this parameter? Yes
Good Till Cancelled (GTC) What is this parameter? No
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Research / Tips / Reports Published

  Zerodha Edelweiss Broking Ltd
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No Yes
Quarterly Result Analysis What is this parameter? No Yes
News Alerts What is this parameter? No Yes
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Suitable for Investor Category

  Zerodha Edelweiss Broking Ltd
Casual Investor What is this parameter?
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes Yes

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Pros, Cons and Other Review Comments

  Zerodha Edelweiss Broking Ltd
Pros What is this parameter?
  • 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...

1. Full service broker offering discount brokerage plan. 2. Offer commodity trading on the same trading trading platform. 3. Free research and trading tips calls to all the customers.

More Advantages...

Cons What is this parameter?
  • 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. 2. Bracket order is not available. 3. Good Till cancelled orders are not available. 4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months.

More Disadvantages...

Reviews What is this parameter? Useful Articles about Zerodha:
Promo / Offers What is this parameter?

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.

Edelweiss Discount Brokerage Plan + Free Trading & Demat Account (for limited time only)

Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot 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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