Edelweiss Stock Trading, Demat, Brokerage and Reviews 2020

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 ₹500 per year. The demat AMC is free for the first year.

2. Edelweiss Lite Plan Charges

Edelweiss Lite Plan is a flat-rate discount brokerage plan offered to online customers. They charge flat ₹10 per executed order for trading in equity delivery, intraday and F&O. The same brokerage is charged for trading in currency derivatives.

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, ₹75 per lot for equity options, 0.02% for currency futures and ₹20 per lot for currency options. This plan offers online & offline trading, personal relationship manager, free research and many other benefits.

Contact Edelweiss / Request Call Back

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Edelweiss Margin / Exposure

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

Edelweiss Ratings

Overall Rating	3.0/5
Fees	3.2/5
Brokerage	3.1/5
Usability	3.6/5
Customer Service	2.8/5
Research Capabilities	2.8/5

Based on 51 Votes by Edelweiss Customers

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.

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 (₹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.

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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 (₹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.

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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.

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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.

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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.

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