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Edelweiss Stock Trading, Demat, Brokerage and Reviews 2019


2% 122,784 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.

Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account (₹750 waived on account opening) for limited time. Request a Callback.

Edelweiss Ratings

Overall Rating Rated 3.1 stars 3.1/5
Fees Rated 3.1 stars 3.1/5
Brokerage Rated 3.2 stars 3.2/5
Usability Rated 3.6 stars 3.6/5
Customer Service Rated 2.9 stars 2.9/5

Based on 41 Votes by Edelweiss Customers

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.

Read Edelweiss Trading Software Review for 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 3 types of brokerage plans to suit the varied needs of the traders.

  1. Standard Plan

    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.

  2. 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.

  3. Discount Brokerage Plan*(Online Trading)

    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 which is as low as 0.01% brokerage for equity (delivery & intraday) and Rs 5 per lot for F&O.

    *Applicable to selected clients & subject to change without prior notice

  4. Call & Trade (Toll-Free)

    You can call the company's toll-free number and put a trade request with the customer support executive. You can place trades across segments like equity, currency and derivatives.

    Edelweiss Call & Trade Timings

    Monday to Friday (Excluding Exchange Holidays) - 8 AM to 8 PM

  5. Call & Trade (Relationship Manager)

    You can also place a trade offline by contacting your Relationship Manager (RM). Each customer is allocated an RM to provide trading related assistance and resolve queries. You can get details of your RM in the My Profile section on the website.

Edelweiss Special Offers

Edelweiss Lite (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 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.


Edelweiss Brokerage Charges 2019

Account Opening Fees & Annual maintenance charges (AMC)

Trading Account Opening Charges (One Time)

₹0

Trading Annual maintenance charges (AMC)

₹250

Demat Account Opening Charges (One Time)

₹0

Demat Account Annual Maintenance Charges (AMC)

1st Year Free / post ₹300 per annum

DP Fees (Trf Out / Sell) / Inter-settlement Fees

₹15 flat per ISIN

Delayed Payment Interest (Normal)

30%

Payin

₹10 / transfer

Payout

₹0

Physical CML Request

1st Free / Additional ₹ 120

Physical Contract Notes

₹50 / note

Cheque payment

₹500 / cheque

Pledge Charges

₹60 / pledge

Physical Statement Charges

₹50 / note

Edelweiss Lite Trading Brokerage Charges

Edelweiss Lite Brokerage

Segment

Brokerage Fee

Equity Intra-day

₹10 / 0.01% whichever lower

Equity Delivery

₹10 / 0.01% whichever lower

Equity Futures

₹10 / 0.01% whichever lower

Equity Options

₹10 / executed order

Currency Futures

₹10 / 0.01% whichever lower

Currency Options

₹10 / executed order

Check out Edelweiss Brokerage Charges, Fees, AMC, Transaction Charges. 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?

Edelweiss account opening for online trading is simple and quick. Following are the ways to open an account with Edelweiss

  • Drop your phone number and Edelweiss Customer Service Executive will call you for trading & demat account opening.

Read Edelweiss Account Opening Process Review to find 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

Contact Edelweiss / Request Call Back

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account (₹750 waived on account opening) for limited time. Request a Callback.

Name:Phone
EmailCity
State
Are you a day trader?

Edelweiss Pros and Cons

Edelweiss Advantages

  1. Edelweiss Lite (Discount Brokerage Plan) offer trading at flat ₹10 per executed order.
  2. Excellent mobile application, website & desktop trading software for trading. They are easy to understand, rich with advanced features and tools, you can expect tips, reports, data, news etc. in one place.
  3. Well-diversified financial product portfolio.
  4. It provides leverage facilities across cash, F&O and CDS segments.
  5. Wide offline presence through branch and franchises makes it easy for customers. Online trading tools make it easy for online investors and traders.
  6. Relationship managers and add-on services like PMS are available.
  7. It doesn't charge any hidden fee.

Edelweiss Disadvantages

  1. Doesn't offer 3-in-1 account as Edelweiss doesn't have a banking license.
  2. They charge Rs 50 per month for research provided by Edelweiss.
  3. They charge additional Rs 20 for Call & trade.

Edelweiss Exposure Margin

Edelweiss leverage for intraday, delivery, options, currency and commodities. Read Edelweiss exposure limit review.

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

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 Customer Complaints

Exchange Financial Year Number of Clients * Total Complaints **
BSE 2019-20 13,514 1
NSE 2019-20 122,784 24
BSE 2018-19 26,859 11
NSE 2018-19 120,378 95
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 customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

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

Enquiry Form


27 Comments

SOURENDRA KUMAR DEY
27. SOURENDRA KUMAR DEY  Oct 9, 2019 13:09 Reply
My client code 60271489 opened account on 01/10/2019 by choosing Lite plan Rs 10 per trade. Started trade on 03/10/2019 Five to eight intraday trade done with total turn over Rs 70,000 approx. At night contract note received Rs 525 debited as brokerage.They charged Rs 25 as min brokerage i shocked. i complained sales person and mailed to helpdesk to rectify my brokerage plan but a weak over not respond from them. . I think edelwise advertising with a wrong information and misguide trader. My advise donot go with them.
SOURENDRA KUMAR DEY
27.2. SOURENDRA KUMAR DEY  Oct 15, 2019 21:26
As per complained dated 09/10/2019 my brokerage plan rectified. But waiting for excess brokerage reversal. Now facing problem with account ledger book every time it is showing value 0000. I can not understand how to know my ledger transactions. Customer support not respond my quiries. So pl help me,
CL code 60271489.
SOURENDRA KUMAR DEY
27.3. SOURENDRA KUMAR DEY  Nov 8, 2019 19:54
I Sourendra Kumar Dey Client code 60271489 withdraw all complaints done on 09/10/2019.
My all problem solved.
Mayur
26. Mayur  Nov 4, 2019 09:29 Reply
Margin provided for Delivery and NRML order.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Excellent
Overall Experience - Above Average
Mayur
25. Mayur  Nov 4, 2019 09:27 Reply
I am using Edelweiss broking since last 4 months. I did not face any issue till now. I am very happy with the service which RM provided for any query related to account. Brokerage is also same which was told during account opening and is comparatively low than other broker. Main advantage of using this broker is Deliver Leverage and NRML. Because of this feature i moved from other broker to Edelweiss.
Krishna Mishra
24. Krishna Mishra  Nov 3, 2019 00:23 Reply
Worst customer service in Mumbai. Nobody is bother to resolve the problem. It may take one week or two week when they wake up and call you about your problem.The desktop software TX3 is below average because it is not giving the real time share point. The screen shows one rate and the order book shows different rate while in other brokerage houses are showing the exact real time rate. It is very difficult for day trader to trade option trading in real time.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Prabhkaran Singh
23. Prabhkaran Singh  Oct 10, 2019 18:49 Reply
Ratings are based on trading experiences both on the app and website as well as past interactions with RM.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Above Average
Aman Munka
22. Aman Munka  Oct 10, 2019 17:55 Reply
The overall exoerience is good

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Excellent
Overall Experience - Excellent
Satpal Mittal
21. Satpal Mittal  Jul 29, 2019 18:55 Reply
They have a pathetic service. They will commt discount brokerage rates but wil charge exhorbitant brokerage arbitrarily. Their RM untraceable but will ring from unknown number if u dont trade for few days. I applied for closure of account but they didnt transfer my securities to new a/c even after 40 days. They are really worst in every sense. I am calling daiy twice to close my a/c but in vein

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Satpal Mittal
20. Satpal Mittal  Jun 2, 2019 15:39 Reply
They charge brokerage higher than committed. They are liars. Very poor customer care. NO listening to custo. Never try. It will be waste f time.
Satpal Mittal
19. Satpal Mittal  Jun 2, 2019 15:35 Reply
They are liars. While a/c opening their rep Mr. Mohit committed discount brokerage rates. Later when I checked rates in my profile section it was very very high. I called their rep and he told me that it will be corrected but t never happened. Ther RM is also not traceable on cell. Their customer car on phone is not responsive neither ther helpline over e mail. Truely bad. Never try otherwise u will waste ur time. They are charging 30p in equity and Rs.75/- per lot in FnO while they p[romised to charge 1p (euity delivery) and Rs.5/-(in F n O)

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
Satpal
18. Satpal  Mar 19, 2019 00:16 Reply
Website is not as simple as Sharekhan, ICICI Direct etc. Also their customer care is not professional. I submitted the documents for FNO and equity delivery but they just activated for equity even after repeated reminders. No care about service requests and reminders. Poor service

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average
Narayana Gupta
17. Narayana Gupta  Nov 24, 2018 11:42 Reply
The Charges in the account are more than what expected at the initial.
I personally request concerned authorities to reduce the brokerage burden so that I can start the intra-day trading and placing the orders at low profit margins.



Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Below Average
Chaitanya K R
16. 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
Kiran
15. 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
MRITUNJAY KUMAR
14. 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
SOUMYA JYOTI mitra
13. 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.
Manju Bala
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.
Pramod
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
Ravi
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.
Forum Modulator
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
aa
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
meghraj bothra
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

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