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8.76% 171,027 Clients
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 its customers across asset classes, trading styles and time horizons. Edelweiss has the best array of trading platforms available for all mediums (Mobile app, a website & desktop trading software). All trading platforms are equally good & easy to understand, with Edelweiss Mobile Trader app being the highest rated app in India.
Edelweiss Group has a strong presence across India with over 475 offices in 200 locations. It has 11,938 employees catering to over 12 lakh clients across various businesses.
Edelweiss has won many awards for its services and use of technology. Some of the major awards won in recent times include ABP BFSI Awards 2017, National Digital Marketing Awards, 2017 and Best Broker in India at Finance Asia (Hongkong) Country Awards 2016 and BBC Knowledge.
It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.
Edelweiss offers 3 types of brokerage plans to suit the varied needs of the traders.
The next generation online trading plan is for people who can trade online with the tools provide and with minimum support from the broker. This plan offers trading at ultra-low brokerage fee of flat Rs 10 per executed order across all trading segment at BSE, NSE and MCX.
Under this plan, the company charges a percentage of the trade value as the brokerage. This full service plan offers personalized trading experience by providing you relationship managers at no extra cost.
Under advanced subscription or prepaid plans, customers have to pay a lump sum amount upfront for 12 months. The brokerage charged under prepaid plans is much lower than that of Standard Plan. This plan is for active traders who also get personal relationship manager, higher leverage, free research & training and a low brokerage fees included in the plan itself.
Edelweiss offers free account opening for trading and demat accounts. The Edelweiss Demat Account Annual Maintenance Charges is Rs 500 per year. The demat AMC is free for the first year.
| Trading and Demat Account Opening Charges | Rs 0 (Free) |
| Demat Account AMC | Rs 500 per annum (1st Year Free) |
Edelweiss Lite Plan is a flat-rate discount brokerage plan offered to online customers. They charge flat Rs 10 per executed order for trading in equity delivery, intraday and F&O. The same brokerage is charged for trading in currency derivatives.
| Segment | Brokerage Charges |
|---|---|
| Equity Delivery & Intra-day | Rs 10 per executed order |
| Equity Futures & Options | Rs 10 per executed order |
| Currency Futures & Options | Rs 10 per executed order |
Edelweiss Elite Plan is a traditional full-service brokerage plan. They charge 0.30% for equity delivery, 0.03% for equity intraday and futures, Rs 75 per lot for equity options, 0.02% for currency futures and Rs 20 per lot for currency options. This plan offers online & offline trading, personal relationship manager, free research and many other benefits.
| Segment | Brokerage Charges |
|---|---|
| Equity Delivery | 0.30% |
| Equity Intra-day | 0.03% |
| Equity Futures | 0.03% |
| Equity Options | Rs 75 per lot |
| Currency Futures | 0.02% |
| Currency Options | Rs 20 per lot |
Visit Edelweiss Brokerage Charges Review for more detail.
Steps to open an account online with Edelweiss
You could open your account online instantly if your Aadhar number is linked with your phone number for OTP verification. Following are the steps to open an online account:
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.
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.
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.
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.
Visit Edelweiss Trading Software Review for more detail.
The following are the advantages of Edelweiss. You must read Edelweiss advantages and disadvantages before opening an account with Edelweiss. Edelweiss pros and cons help you find if it suits your investment needs.
The following are the cons of Edelweiss. Check the list of Edelweiss drawbacks.
Edelweiss margin for intraday trading is up to Up to 20% of trade value (max 5x leverage) based on the stock. Edelweiss F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Edelweiss F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure) | 1x |
| Overall Rating |  3.0/5 |
| Fees |  3.1/5 |
| Brokerage | 3.1/5 |
| Usability |  3.5/5 |
| Customer Service |  2.7/5 |
| Research Capabilities |  2.9/5 |
Based on 69 Votes by Edelweiss Customers
Do you trade with Edelweiss? Rate Edelweiss
The number of Edelweiss customer complaint received by the exchanges. The Edelweiss consumer complaint report helps understanding the Edelweiss Broking Ltd quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| NSE | 2021-22 | 171,027 | 84 | 0.05% |
| BSE | 2021-22 | 31,281 | 7 | 0.02% |
| NSE | 2020-21 | 157,254 | 224 | 0.14% |
| BSE | 2020-21 | 33,553 | 9 | 0.03% |
| NSE | 2019-20 | 130,215 | 116 | 0.09% |
| BSE | 2019-20 | 33,317 | 7 | 0.02% |
| NSE | 2018-19 | 120,378 | 95 | 0.08% |
| BSE | 2018-19 | 26,859 | 11 | 0.04% |
| NSE | 2017-18 | 104,643 | 103 | 0.1% |
| BSE | 2017-18 | 54,223 | 29 | 0.05% |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Edelweiss Complaints at BSE, NSE and MCX for detail report.
Edelweiss Broking Ltd is a Mumbai based full-service stock broker. It is part of the Edelweiss Group. The group has a sizable presence in Insurance, Housing Finance, and Financial Markets.
Edelweiss Broking offers trading services in Equity, Currency, Futures & Options, Mutual Funds, and IPOs, etc. In addition to that, Edelweiss also offers investment advisory to its customers across asset classes.
The company offers 2 brokerage plans; Edelweiss Lite and Edelweiss Elite. Edelweiss Lite is a fixed brokerage plan (Rs 10/order) and Edelweiss Elite is a traditional percentage-based brokerage plan.
Edelweiss offers one of the best trading platforms to its investors. TX3 is the company's flagship trading platform, www.Edelweiss.in online trading website and Mobile Trader is a mobile trading app.
Edelweiss Group has a pan India presence with offices in 200 locations and over 12 lakh clients across various businesses as of May 2020.
About Edelweiss Broking
Incorporated in 2008, Edelweiss broking is a premier full-service broker for over 15+ years. It is part of the prestigious Edelweiss Group which has a strong presence in businesses like Insurance, Housing Finance, and Financial Markets.
Edelweiss is a Good Company Because:
Edelweiss offers an online IPO application to its customer as well as guests. Edelweiss's online IPO application is based on UPI as a payment gateway. Alternatively, if you have Edelweiss demat account, you can also apply in an IPO through the net-banking of your bank using the ASBA facility.
Note that you can apply in an IPO through Edelweiss even if you are not an Edelweiss customer. This is a unique feature offered by Edelweiss.
Steps to Apply for IPO through Edelweiss
Note:
Steps to Apply for through Net-Banking (ASBA)
You can activate the F&O (derivatives) segment in the Edelweiss trading account while opening the account. In case, you have not activated the F&O segment at that time then you can do it later at any point in time.
Steps to Activate F&O in Edelweiss
Financial Proof for F&O Segment Activation
Note: Only 1 of the above documents is required.
You could transfer funds to Edelweiss online using 2 ways; UPI and Net Banking. The amount transferred online is available instantly in the Edelweiss trading account for investing. Both these methods of transferring funds are available for free.
Note: Before you transfer the funds, make sure that your UPI ID or net bank account information is added to your profile. Visit your profile to set up your bank account or UPI id.
Steps for Transfer Funds to Edelweiss
In the case of net banking, you are taken to your bank's website.
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Ratings:
Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Above Average