Edelweiss Stock Trading, Demat, Brokerage and Reviews 2021


20.76% 157,254 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.

Edelweiss Special Offers

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.


Account Types

Edelweiss offers 3 types of brokerage plans to suit the varied needs of the traders.

  1. Edelweiss Lite (Discount Brokerage Plan)

    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.

  2. Edelweiss Elite

    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.

  3. Advance Subscription (prepaid) Plans

    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 Charges 2021

1. Account Opening Fees & Annual maintenance charges (AMC)

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)

2. Edelweiss Lite Plan Charges

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

3. Edelweiss Elite Plan Charges

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.

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.

Edelweiss Online Account Opening

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:

  1. Visit our Online Account Opening page by clicking here
  2. Enter your profile information
  3. Select your brokerage rates plan
  4. Video IPV: Record the video and complete the video IPV stage
  5. Document Upload: Upload a softcopy of documents
  6. E-Sign: Click on the E-Sign option and complete the required steps.

Edelweiss Trading Software (Edelweiss 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.

 

Visit Edelweiss Trading Software Review for more detail.

Edelweiss Pros and Cons


Edelweiss Pros (Advantages)

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.

  1. Full-service broker offering discount brokerage plan.
  2. Flat Rs 10 per executed order brokerage across the trading segments.
  3. Free research, trading tips, and recommendations.
  4. Instant paperless online account opening.
  5. Excellent mobile application, website & desktop trading software for trading.
  6. Online IPO investment.
  7. High leverage facilities across Cash, F&O and CDS segments.
  8. Wide offline presence through branches and franchises makes it easy for customers.
  9. Relationship managers and add-on services like PMS are available.

Edelweiss Cons (Disadvantages)

The following are the cons of Edelweiss. Check the list of Edelweiss drawbacks.

  1. Bracket orders and Good-Till canceled (GTC) orders are not available.
  2. Charge high minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  3. Call & Trade is available at an additional cost of Rs 20 per call.
  4. Rs 50 per month for research calls and trading tips.

Open Instant Account with Edelweiss

Edelweiss Margin / Exposure

Edelweiss leverage for intraday, delivery, options, currency and commodities.

SegmentMargin
Equity DeliveryUp to 10x
Equity IntradayUp to 40x
Equity Future40x
Equity OptionsNil
Currency Future1.5x
Currency OptionsNil
Commodity FutureUp to 6x
Commodity Options

Visit Edelweiss Margin Review for more detail.


Edelweiss Ratings

Overall Rating Rated 3.0 stars 3.0/5
Fees Rated 3.0 stars 3.0/5
Brokerage Rated 3.1 stars 3.1/5
Usability Rated 3.5 stars 3.5/5
Customer Service Rated 2.7 stars 2.7/5
Research Capabilities Rated 2.7 stars 2.7/5

Based on 62 Votes by Edelweiss Customers

Do you trade with Edelweiss? Rate Edelweiss


Edelweiss Complaint

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 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%
NSE 2016-17 74,631 100 0.13%
BSE 2016-17 35,690 20 0.06%

* 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.

Frequently Asked Questions

  1. 1. What is Edelweiss broking?

    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

    • Part of Edelweiss Group, over a decade of experience in broking.
    • Offers both trading and research advisory services.
    • Flexible fixed brokerage and percentage-based plans.
    • Services in Equity, Currency, Futures & Options, Mutual Funds, and IPOs.
    • Offers an online account opening facility.
    • Pan Indian presence with 475+ offices in 200 locations.
    • Free Call n Trade facility on Edelweiss Elite plan.
    • Investology; an online initiative for customer education on stock markets.

     

     

  2. 2. Is Edelweiss a good company?

    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:

    1. Part of the well-known Edelweiss group.
    2. Full-service stock broker offering a range of services.
    3. Local presence across India. 475+ offices in 200 locations.
    4. Offers trading, research advisory and wealth management services.
    5. Good trading platforms in TX3, Edelweiss website and Mobile Trader
    6. Offers a flat rate discount brokerage plan (Rs 10/order).
    7. Online investment in Equity, Currency, F&O, Mutual Funds, and IPOs.
    8. Offers a paper-less online account opening facility.
    9. Free Call & Trade facility on Edelweiss Elite Plan.
    10. Free dedicated relationship manager.

     

     

  3. 3. How to apply for IPO through Edelweiss?

    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

    1. Login to Edelweiss.in website or mobile app.
    2. Go to the 'IPO' section.
    3. Choose the IPO and click on the Apply button.
    4. Enter your bid details like price, quantity and investor type.
    5. Enter your UPI ID, review your order and click submit.
    6. Open your UPI app and accept the payment request.

    Note:

    • You will get an email confirmation once your IPO application is accepted.
    • Your IPO application is not complete until the UPI payment is approved. It may take up to 12 hours for you to receive the UPI payment request.

    Steps to Apply for through Net-Banking (ASBA)

    1. Log in to your net-banking account (i.e. ICICI, SBI).
    2. Go to the IPO section.
    3. Select the IPO from the list and click the Apply button
    4. Enter IPO bid detail (price, quantity, investor type)
    5. Enter the Edelweiss demat account information.
    6. Review and submit application.

     

     

  4. 4. How to activate F&O in Edelweiss?

    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

    1. Download segment activation form.
    2. Fill & sign it.
    3. Attach financial proof as one of the documents listed below.
    4. Submit it to your Relationship Manager or the nearest branch.

    Financial Proof for F&O Segment Activation

    • ITR Proof
    • Last 3 months Salary Slip
    • Demat Holdings
    • Net-worth Certificate
    • Month Bank Statement (not older than 3 months)

    Note: Only 1 of the above documents is required.

     

     

  5. 5. How to transfer funds to Edelweiss?

    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

    1. Login to the Edelweiss website or mobile app
    2. Click on the 'Buy/Sell' in the top right
    3. Click on the 'Transfer Funds' link
    4. Choose payment mode as "UPI" or "Net Banking"
    5. Enter the amount and click 'Submit'
    6. In the case of UPI, go to your UPI app, and authorize the transaction.

    In the case of net banking, you are taken to your bank's website.

     

     


64 Comments

Pallu
64. Pallu  May 11, 2021 02:07 I Like It. | Report Abuse Reply
Over all good company

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Excellent
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Above Average
Rishav
63. Rishav  May 8, 2021 07:43 I Like It. | Report Abuse Reply
Overall experience is poor.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Himanshu j patel
62. Himanshu j patel  Apr 27, 2021 01:34 I Like It. | Report Abuse Reply
edelweiss company in the fraud company not to be correct answer to my share details
srinivas
61. srinivas  Mar 23, 2021 22:03 I Like It. | Report Abuse Reply
worst . zerodha is best

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Below Average
A Bhattacharjee
60. A Bhattacharjee  Mar 1, 2021 17:19 I Like It. | Report Abuse Reply
So much hidden charges. In their offer they said with Margin Trading customer could invest 4x of ledger balance with 320 days of validity. I tried Margin Trading and after two months I found that they charged 11000 rs in two months. Also sold shares from holding without informing me which overall costs me 35000 rs loss.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
Amit Tekchandani
59. Amit Tekchandani  Feb 18, 2021 14:03 I Like It. | Report Abuse Reply
The worst broker I have ever used. The TX3 terminal never takes SL order placed and you ultimately turn into a loss due to their software issue.
Also their terminal gets jammed in the morning sessions which is very much common. Their executives are all dumb and without brains. They never know their own edelwise answers if you ask them any questions or queries.

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
A Bhattacharjee
58. A Bhattacharjee  Feb 17, 2021 17:46 I Like It. | Report Abuse Reply
Poor Research with high level of Charges in every thing.
ss
57. ss  Jan 23, 2021 14:48 I Like It. | Report Abuse Reply
very good but research call should be better than others and should be quick target achieved.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Above Average
Eshan
56. Eshan  Jan 16, 2021 10:41 I Like It. | Report Abuse Reply
Improve on customer service. Don't treat the customers as fugitives.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Eshan
55. Eshan  Jan 16, 2021 10:39 I Like It. | Report Abuse Reply
The worst broker i have ever come across. Least bothered about customers. I am trying to open an account since 5 days now and every time they take the details and tell we will let get back to you. I am waiting to get an call from them. Approval process is gone for toss. I have tried ways to reach the broker. Yesterday they said the application is rejected, reason is mismatch in proof and mismatch in proof for not one all the proofs. I have demat account with other firms and no one would like to be treated as Fugitive as they are trying. Trying to submit all documents but they're least bothered to call back and even talk on call. fedup with this.. there might be better broking firms then this.
bhavin
54. bhavin  Jan 13, 2021 08:33 I Like It. | Report Abuse Reply
It takes days and weeks to open an account with Edelweiss. I wonder - are they really doing business?
Team Chittorgarh.com
53. Team Chittorgarh.com  Dec 26, 2020 14:10 I Like It. | Report Abuse Reply
Dear Members,
We are in-process of data migration. There may be a loss of a few messages for a couple of hours. We will try to restore them as soon as possible.
Thank you,
Bhaskar
52. Bhaskar  Dec 23, 2020 22:49 I Like It. | Report Abuse Reply
Best ever app with best ever facilities and brokerage charge and leverages

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Excellent
Research Capabilities - Above Average
Customer Service - Excellent
Overall Experience - Excellent
N.C.JAIN
51. N.C.JAIN  Nov 6, 2020 17:01 I Like It. | Report Abuse Reply
Customer care & helpdesk are useless services

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Below Average
Anita Lalit Kumar
50. Anita Lalit Kumar  Oct 21, 2020 11:22 I Like It. | Report Abuse Reply
Their product as well as customer service is very poor. They will be behind you until opening of account then they will not even respond on their helpdesk email.
Their intention is doubtful. They insist for POA . To achieve this they will ensure that you cannot set up transections to be able to sell securities through CDSL ( Easiest login).
Muthu
49. Muthu  Oct 19, 2020 17:02 I Like It. | Report Abuse Reply
I contacted Edelweiss Securities/Broking Ltd in July2020 for an investment plan on a specific safer fund but I ended up getting defrauded by Edelweiss frauds with well planned. Lodged a complaint with SEBI also and it is still uncared for.
Edelweiss frauds are being accused for following reasons as those are my transactions since July till date and suggest to deal with Edelweiss frauds carefully or evenbetter not to do business with them to avoid getting cheated!

1. Defrauded me on availability of stocks (I deposited funds in their account only when edelweiss confirmed availability. But it wont take 2 months to confirm as no-stock again and till then keeping my funds in their account simply)

2. Non-transfer of shares to me (as their intention was to keep my funds with them for 2 months and not investing)

3. Non-receipt of my refund in acceptable time (cant imagine no correspondence from them whatsoever in those 2 months and upon no-stock they havent immediately refunded my funds either)

4. Loss of my own income/interest (edelweiss silently kept my transferred fund for 2 months for nothing but they are actually earning interest on their side in their account over my deposited funds and I could have invested somewhere else in that time)

5. Wrong intentions of conducting transactions(no regulated financial firm should keep unaccounted money in their account for 2 months)

6. Negligence of grievance redressal and no accountability of investors loss (it has been 2 months follow up by me and approx. one more month by SEBI also. and unnecessarily made me to contact all their support/management levels even to get my own refund)

7. Falsified responses to SEBI (as if no-stock is the reason and as if they in contact with me to compensate my loss etc but it is all fabrication)

SEBI has given license and regulations to edelweiss to conduct financial business. But we dont think all the above constitutes of doing a business with regulations. Edelweiss doesn't seem to give a damn to resolve the concerns responsibly and take accountability for all the above and "compensate my financial loss" due to the way they conduct business without regulations.
Yuvaraj
48. Yuvaraj  Oct 12, 2020 13:46 I Like It. | Report Abuse Reply
This one of the worst ever company I deal with, totally frauds filled with. I have raised complaints on cheating and misguided me by his employee, during in covid time made me loss of 2lks plus. Now nobody is even responding. First nag you like hell to get some of the products once their monthly targets achieved thats it. They dont even care you exist or not , 100rs 200rs profit and all they make you execute the orders just get brokerage. Overall if you see the balance sheet will ended up in loss only.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
siby jacob
47. siby jacob  Sep 29, 2020 19:17 I Like It. | Report Abuse Reply
this is the worst and pathetic broker i have ever come across . Its been 1 week i am trying to reach their customer care.
No one picks up the call. No one will revert to your mails.

Pathetic !! Pathetic

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Edelweiss
47.1. Edelweiss  Sep 30, 2020 18:53 I Like It. | Report Abuse
Hi, Sorry for your inconvenience. May I know your client ID so that I can check and arrange a callback
NVNEET SHARMA
46. NVNEET SHARMA  Sep 15, 2020 17:03 I Like It. | Report Abuse Reply
CLIENT ID 60192962 DEMAT A/C CHARGES 1710/- & INTT. OTHER CHARGES 1098/- NO CLEARIFIED & TOLLFREE COMPLINT NOSR000089844 DATED11/08/2020 & SR000092843 DATED 13/08/202 & SR 000092843 DATE 19/08/2020. NO OTHER RESPOSIBLE PERSON ARE REPLY NOT CUSTMER SATAFICATION.SO THAT I AM SUFFERING THAT SERVICES. POOR SERVICE COMPLIANT TO SEBI
Mrs. Pushpa Jain
45. Mrs. Pushpa Jain  Sep 14, 2020 20:24 I Like It. | Report Abuse Reply
customer service is absolutely hopeless. Since nearly last 9 years my brokrage was 20 paise & 2 paise for delivery & intraday. But without any information they have increased it to 45 paise & 4.5 paise . I am thinking to shift to any other DP as in this time of competition, increasing of brokerage is absolutely "decision without thinking"

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average

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