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Edelweiss Customer Reviews, Complaints and Feedback (Page 4)


16.43% 183,089 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 it... Edelweiss Review

75 Comments

15. Chaitanya K R  Oct 17, 2018 12:53:24 AM I Like It. | Report Abuse 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
14. MRITUNJAY KUMAR  May 15, 2018 10:05:18 PM I Like It. | Report Abuse 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
13. SOUMYA JYOTI mitra  Jan 21, 2018 7:00:06 PM I Like It. | Report Abuse 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.
12. Manju Bala  Oct 1, 2017 3:03:08 PM I Like It. | Report Abuse 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.
11. Pramod  Aug 5, 2017 11:03:53 AM I Like It. | Report Abuse 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
10. Ravi  Jun 9, 2017 9:36:53 AM I Like It. | Report Abuse 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.
10.1. Forum Modulator  Jun 13, 2017 8:11:40 PM I Like It. | Report Abuse
Hi Mr Ravi,

Thank you for your kind feedback.

We have corrected the information.

Team Chittorgarh.com
9. aa  Apr 28, 2017 12:27:12 AM I Like It. | Report Abuse 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
8. meghraj bothra  Feb 18, 2017 11:53:27 AM I Like It. | Report Abuse 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
7. diwakar  Jan 24, 2017 1:03:07 AM I Like It. | Report Abuse 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
6. mohit  Jan 1, 2017 2:17:59 PM I Like It. | Report Abuse 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
5. PBR  Oct 25, 2016 3:51:46 PM I Like It. | Report Abuse 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
4. Chandra Sekhar  Sep 7, 2016 2:11:04 AM I Like It. | Report Abuse 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
3. Vishal Das  Aug 26, 2016 4:21:10 PM I Like It. | Report Abuse Reply
They are currently giving first year FREE AMC + Rs 500 Amazon voucher on account opening.
2. pankaj  Mar 15, 2016 2:35:37 PM I Like It. | Report Abuse 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
1. Amar  Dec 27, 2015 7:13:20 AM I Like It. | Report Abuse Reply
I am using edelweiss services for a year and half and quite satisfied with them. I took one of there prepaid plan with 1 year of validity and with that I paid pretty low brokerage in comparison to Religare which I used earlier. While I get there research report but do not base my trades on it. RM is good too.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Above Average

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