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Edelweiss Stock Trading, Demat, Brokerage and Reviews 2018


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 of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs (offline only), Currency Derivatives and Futures & Options.

Edelweiss offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons.

Edelweiss Group has over 240 offices in 125 cities including 8 international offices with 5,555 employees catering to over 6 lakh clients across various businesses. Edelweiss also have over 4,290 Sub Broker and Authorized Persons spread over around 640 cities making it one of the largest retail broking and distribution networks in India.

Edelweiss Rating (by the customers)

19 Votes

Overall Rating Rated 2.4 stars 2.4/5
Fees Rated 2.5 stars 2.5/5
Brokerage Rated 2.2 stars 2.2/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 2.1 stars 2.1/5

Do you trade with Edelweiss? Rate Edelweiss

Information about Edelweiss account opening, Edelweiss open account, Edelweiss opening charges, Edelweiss account opening charges, Edelweiss account opening status, Edelweiss amc charges, Edelweiss account charges, Edelweiss account closure

Edelweiss's Trading Platforms

  1. Website www.Edelweiss.in

    The Edelweiss.in website is a free online trading platform offering trading and investment in financial products including stock, commodity and mutual funds. The website also offers portfolio tracking, charting, news and an instant fund transfer services.

    Another key feature of this website is the 'Quick Trading Toolbar' which allows customers to trade instantly. This toolbar also keeps track of all recent activities i.e. stocks viewed, pages surfed/taking position/tracking stock or contracts.

    Edelweiss also has a low bandwidth website (Mobile WAP) which enables customers to trade on the mobile devices. Using this extremely light website customers can place trades and monitor stock positions in real-time on the mobile phone.

  2. Edelweiss Xpress

    The Xpress a free web browser based trading application offering terminal-like experience without installing any software on your computer.

    Build with Java-based technology, Xpress is a browser based application which replicates the trading terminal by providing live streaming of stock quotes.

    Edelweiss Xpress allows Edelweiss customers to buy & sell equity and derivatives directly from the Xpress screen in Delivery, Intraday and T+5 segments.

  3. Edelweiss Xtreme Trader

    Xtreme Trader is a 'Installable Desktop Trading Software' offering live-streaming quotes, advance charting tools and technical analysis for high frequency traders. Xtreme Trader offers customizable interface, shortcut keys for frequent actions, instant flashing research calls, stock alerts (on-screen, sms and e-mail) on condition defined by you and powerful charting tools designed for traders.

  4. Edelweiss Mobile Trader

    Mobile Trader, a free smart phone trading app, offers trading capabilities (trade on NSE, BSE in Equities, Derivatives and Currency) on mobile phone to Edelweiss clients. In addition, it also offers live streaming quotes, portfolio monitoring, fund transfer, charting (candle stick, area, line, OHLC), experts research, Trade Book, Order Book, Holdings, Balances and many other useful features.

Find info about Edelweiss platform, Edelweiss trading platform, Edelweiss trading software, Edelweiss trading demo, Edelweiss Demo, Edelweiss download, Edelweiss software download, Edelweiss software, Edelweiss stop loss, Edelweiss trading and Edelweiss trading account.

Account Types

Edelweiss offers following plans to suit customers requirement:

  1. Standard Brokerage Plan

    This basic brokerage plan is offered to beginners. The brokerage rate under this plan are provided in brokerage section of this page.

  2. Advanced Brokerage Plans(ADB Plan)

    Edelweiss offer flat rate plans to high frequency trader or experienced investor. This plans are valid from 3 months to 12 months and required customer to pay upfront subscription fee in advance. This plan offers up to 66% on brokerage.

  3. Lifetime Validity Plan

    These are ADB plans that have a validity of 15 years.

Edelweiss Special Offers

Sorry no special offers available by Edelweiss at this time.

Visit Exclusive Promotions / Offers from Stock Brokers in India webpage for more offers.

Edelweiss Brokerage Charges 2018

Edelweiss charges brokerage based on the brokerage rates specified in the account opening form or as per the product / scheme opted by the client from time to time. Based on the value of business done by the client and risk perception, Edelweiss may increase/reduce the brokerage rate.

Standard Brokerage Plans

Edelweiss offeRsstandard plans for their InvestoRswith no upfront subscription fee but there is a account openin fee of Rs750. InvestoRshave to pay minimum brokerage of 3 paisa per share in delivery trade and 1 paisa per share on Intraday and Futures Trades. In addition to the brokerage, customer has to pay statutory/regulatory levies and other charges like STT, SEBI Turnover Fees, Exchange Transaction Charges, Stamp Duty (as applicable state wise) and Goods and Services Tax (GST).

Edelweiss Brokerage Plans
Plan 1 (Investor) Plan 2 (Investor)
Mutual Fund Transaction ChargesNilNil
Demat Annual MaintenanceFree for 1st Yr From 2nd Yr, Rs 500/PAFree for 1st Yr From 2nd Yr, Rs 500/PA
Cash Delivery Rate0.45%0.55%
Intraday Cash & Equity Futures0.06%0.04%
Equity OptionsRs 150 per lotRs 120 per lot
Currency Futures0.050%0.035%
Currency OptionsRs 50 per lotRs 30 per lot
Account Opening ChargesRs 750Rs 750

Prepaid Brokerage Plans

Edelweiss offers multiple prepaid plans so traders can choose the one which best suits to them. They charge upfront subscription fee which comes with 12 months validity. Subscription amount will be utilized and adjusted at the subscription utilization rate, which will be charged as mentioned in the subscription plan. All delivery trades will be charged at a discounted rate of 1 paisa per share, at 0.1 paisa per share in futures and intraday cash trades and all option trades at 1 per lot in contract notes. Also the over-utilization will be charged at post utilization brokerage rates.

Edelweiss Prepaid Brokerage Plans
  Plan 1 Plan 2 Plan 3 Plan 4
Subscription Fee (Rs) 12,000 24,000 54,000 1,12,000
Goods and Services Tax (GST) (Rs) 2,160 4,320 9,720 20,160
Total Amount (Rs) 14,160 28,320 63,720 132,160
Validity Period (In months) 12 12 12 12
Delivery 0.30% 0.22% 0.17% 0.10%
Futures & Intraday 0.03% 0.02% 0.02% 0.01%
Equity Options (Rs per lot)* 90 60 40 25
Currency Futures* 0.04% 0.03% 0.02% 0.01%
Currency Options (Rs per lot)* 22 15 10 6
Persnal Accident Insurance Cover (Rs in lakhs) 0 0 5 5
Criticare Insurance Cover (Rs in lakhs) 0 2 5 5
Medical Insurance Cover (Rs in lakhs) 1 2 5 5
    Please Note:
  • Intraday, futures, options brokerage rates are charged on each leg of the transaction.
  • Subscription fee is exclusive of Goods and Services Tax (GST) and other charges, if any.
  • Subject to Minimum Brokerage as mentioned in Terms & Conditions.
  • Futures includes: Stock Futures & Index Futures; Options includes: Stock Options & Index Options.

Demat Account Charges

4Demat Charges Rs 2 per certificate + Rs 30 for postage

S.N. Transaction Demat Fee
1 Account maintenance (AMC) Rs 500 p.a. (1st Year Free)
2 Market / Off Market Transfers/ Inter Depository  
  a. Purchase (Credit in) Nil
  b. Market Sell within Edelweiss Rs 20 per transaction (minimum deposit of Rs 200 against advance transaction charges)
  c. Off Market Transaction Rs 20 per transaction
  d. Sell (Debit from) target other than 3b) and c above Rs 40 per transaction
3 Pledge / Hypothecation  
  a. Creation / Acceptance / Closure Rs 50 per transaction
  b. Invocation Rs 25 per transaction
5 Remat Charges Rs 10 per 100 securities or part thereof (Subject to minimum of Rs 10 per request) + Rs 30 for postage
6 Reactivation Charges NA
7 Account Closing Nil

Get detail about Edelweiss pricing, Edelweiss brokerage calculater, Edelweiss brokerage, Edelweiss plans, Edelweiss brokerage review, Edelweiss brokerage plans, Edelweiss fund transfer, Edelweiss intraday brokerage, Edelweiss charges, Edelweiss charge list, Edelweiss charges calculator, Edelweiss prepaid brokerage plans, Edelweiss yearly charges, Edelweiss fees, Edelweiss yearly maintenance charge, Edelweiss option brokerage and Edelweiss trading charges.

How to open account with Edelweiss Broking Ltd?

Get a callback by leaving your contact information below. The representative will help you with detailed information about services offered by Edelweiss and account opening process.

Get information about Edelweiss broker, Edelweiss branches, Edelweiss sub broker, Edelweiss support, Edelweiss customer care, Edelweiss user reviews, Edelweiss user manual, Edelweiss website, Edelweiss review and Edelweiss toll free number

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Edelweiss Pros and Cons

Edelweiss Advantages

  1. Research provided by Edelweiss is one of the best offering in brokerage industry in India. This include both fundamental calls and technical calls.
  2. Well diversified financial product portfolio.
  3. Wide offline presence through branch and franchises makes it easy for customers. Online trading tools makes it easy for online investors and traders.
  4. Excellent website and mobile application for trading. Its user friendly, simple and rich with features. Customer can expect tips, reports, data, news etc. at one place.

Edelweiss Disadvantages

  1. IPO cannot be applied online. Forms can be collected and submitted at Edelweiss offices only.
  2. The prepaid brokerage online share trading account (ADB Plans) are little complicate to understand. These plans are marketed to prospective customers by relationship managers with a promise that everything is included in the price, but most customer doesn't find it that way after they start trading.
  3. Charges are not explained in detail to customers while opening the account. This results in to lot of surprises and mistrust.
  4. Doesn't offer 3-in-1 account as Edelweiss doesn't have banking license.

Edelweiss Complaints received at BSE / NSE:

Number of customer complained against Edelweiss Broking Ltd share broker. The Edelweiss Broking Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

Edelweiss Broking Ltd consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
NSE 2018-19 106,024 11
BSE 2017-18 54,223 29
NSE 2017-18 104,643 103
BSE 2016-17 35,690 20
NSE 2016-17 74,631 100
BSE 2015-16 19,417 1
NSE 2015-16 77,459 125
BSE 2014-15 116,113 3
NSE 2014-15 47,123 45
BSE 2013-14 110,472 21
NSE 2013-14 23,601 85
BSE 2012-13 103,099 21
NSE 2012-13 103,016 93
BSE 2011-12 85,506 20
NSE 2011-12 84,737 37

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

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Edelweiss Broking Ltd Reviews

avatar
21. Chaitanya K R  Oct 16, 2018 23:53 Reply
It's horrible.. they have simply charged money even if I didn't use their platform .. moreover they cost a bomb anyway

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
20. Kiran  Sep 3, 2018 16:02 Reply
I was opened sip account ,I was paid 16 thousend rupees total 4 months but have check my sip account there is only showing 13400 rs only
Service is very poor.



Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
avatar
19. MRITUNJAY KUMAR  May 15, 2018 21:05 Reply
customer care service is poorest then even telecom sector,
customer can not check the service charges brokerage charges details at his login and what type of plan of demat account he is using no idea.
when you ask for details your personal advisor never give proper info.
many other issue i have faced.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Below Average
avatar
18. Shobha devi  May 1, 2018 08:47 Reply
No positive respone from company

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
17. Anonymous  Apr 19, 2018 04:49 Reply
Worst company by any means

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
16. Sandeep Sahu  Feb 9, 2018 06:38 Reply
Brokerage is looting poeple
Margin fraud

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Below Average
avatar
15. Poonam Thadhani  Jan 24, 2018 20:01 Reply
No follow-ups

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
14. SOUMYA JYOTI mitra  Jan 21, 2018 18:00 Reply
They r charging me Rs.30/- per lot per leg of option , I approached them to reduce the brokerage to Rs.20/- per lot per leg but the are so adamant that the r ready to leave the client and the business from the client but will not reduce it to Rs.20/- per lot. I think it is just bad business policy. Because of long association I was biased about Edelweiss but their current policy is forcing me to select other broker because their brokerage amount is eating maximum of my profit.
avatar
13. Hemant  Oct 5, 2017 03:25 Reply
.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
12. Manju Bala  Oct 1, 2017 14:03 Reply
I applied for closure of my D/Mat A/C No/Trd A/C No-31901055 in your Amritsar franchisee giving five applications last year. Ultimately wasting a lot of time and charging AMC for next year I was informed that my A/C was closed & shares transferred to Sharekhan Ltd.Now I am being reminded by your DP to submit Adhar Card.It clearly ascertains that my A/C has not been closed permanently.It is the most intolerable behavior of the co.If I am reminded again I will complain to The SEBI/min of Co. affairs.Really you co. is not worthy of association in the future.
avatar
11. Pramod  Aug 5, 2017 10:03 Reply
Collect advance brokerage amount through their plan. What about refund of the same if I abruptly decided not to trade with Edelweiss for some reason or the other, as I have done for now. RM does not contact for solving problem. Shameful!

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average
avatar
10. Ravi  Jun 9, 2017 08:36 Reply
Edelweiss does not support GTC orders on equities; the information on is misleading. Moreover edelweiss does not support applying IPO online through it''s website; you''ll either need to visit their branch or apply through your bank through ASBA.
avatar
10.1. Forum Modulator  Jun 13, 2017 19:11
Hi Mr Ravi,

Thank you for your kind feedback.

We have corrected the information.

Team Chittorgarh.com
avatar
9. aa  Apr 27, 2017 23:27 Reply
brokerage and tax are higher , on other hand sas trading platform provides lowest rate !!

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Average
Overall Experience - Average
avatar
8. meghraj bothra  Feb 18, 2017 10:53 Reply
poor follow up & CUSTOMER SERVICE.BEHAVIOR of staff is not friendly (poor)

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Below Average
avatar
7. diwakar  Jan 24, 2017 00:03 Reply
i am trading right now they are deducting the profit . and i did not the demo of software after various request and after submitting the docs my f&o is not active after 1 month period.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
6. mohit  Jan 1, 2017 13:17 Reply
If you want relationship wth him then continue with edeilweiss otherwise no need to work.i am also used edeilweiss in starting and my first demat account in edeilweiss.but after sometime I switched to zerodha and I saved my big money in brokearge.if you confident to get 3 to 10 point in every script in intraday so no need to change.but if you working in small target like 0.50 to 1 rupay then switch to zerodha and save your brokerage.worst broker.they earn but you cant earn by them.go with sasonline or zerodha or any discount broker but leave this immitiately because they charge on% basis and nothing special provide.i first open in sharkhan after 2 month I open in zerodha and I saved lots of money and start earning.and rest is your desition.wisdom capital and rksv is also good.i am using zerodha.

1 lakh turnover edeilweiss charge 50 ruppes

and

1 lakh turn over zerodha charge 30 rupees brokeage

so you saved 20 ruppes and same as in mcx commodity market.margin is also provided but no delivery margin provided
avatar
5. PBR  Oct 25, 2016 14:51 Reply
They collect commission in advance, but provide very very poor quality of service. They do not even give delivery slips which is a must under SEBI guidelines. Do not deal with the firm.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
4. Chandra Sekhar  Sep 7, 2016 01:11 Reply
Hidden charges, Poor Customer service, useless reports

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
3. Vishal Das  Aug 26, 2016 15:21 Reply
They are currently giving first year FREE AMC + Rs 500 Amazon voucher on account opening.
avatar
2. pankaj  Mar 15, 2016 13:35 Reply
My pre-paid plan was Rs.9950 . I was foolised by the company

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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