Compare 3 Brokers

Finvasia Vs Edelweiss: Which one is better?

The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Edelweiss ranges between Max Rs 10. Finvasia is a Discount Broker where Edelweiss is a Full Service Broker. Finvasia is having overall higher rating compare to Edelweiss. Finvasia is rated 4 out of 5 where Edelweiss is rated only 3.5 out of 5.

Here we present side-by-side comparison of Finvasia vs Edelweiss share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Edelweiss's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Compare Finvasia vs Edelweiss on Service

  Finvasia Compare
Finvasia
Edelweiss Compare
Edelweiss
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX,MCX-SX,NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e... Know more about Finvasia A huge network of sub-brokers, trading in all of the segments backed up by strong research, strategies and analytical tools.
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Finvasia vs Edelweiss on Trading & Demat Account Opening Charges

In this section we have compared Finvasia with Edelweiss on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where Edelweiss charges Rs 300 pa (Second Year Onward) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia with Edelweiss
Charges Finvasia Edelweiss
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Rs 0 (Rs 199 for POA) Free
Demat AMC Free Rs 300 pa (Second Year Onward)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Edelweiss on Plan Options

Plans are the most important feature you look when compare Finvasia with Edelweiss. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare Finvasia with Edelweiss on Plan Options
Plan Types Finvasia Edelweiss
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Finvasia Edelweiss
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Edelweiss on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan

Edelweiss Brokerage Plan detail - This plan is available to Online users only. With this plan, Edelweiss is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare Finvasia with Edelweiss
Brokerage Charges Compare Finvasia Edelweiss
Plan Name Zero Brokerage Trading Plan Edelweiss Lite
Equity Delivery Rs 0 Rs.10 / 0.01% whichever lower
Equity Intraday Rs 0 Rs.10 / 0.01% whichever lower
Equity Futures Rs 0 Rs.10 / 0.01% whichever lower
Equity Options Rs 0 Flat Fee Rs 10
Currency Futures Rs 0 Rs.10 / 0.01% whichever lower
Currency Options Rs 0 Flat Fee Rs 10
Commodity Trading Rs 0 0.01%
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes, 24% interest PA Yes - 24% interest PA
Call & Trade Charges Call and Trade is free of cost Free
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Edelweiss
SPAN Margin Calculator SPAN Margin Calculator for Finvasia SPAN Margin Calculator for Edelweiss
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Share Broker's Transaction Charges

Compare Finvasia vs Edelweiss on Transaction Charges

Compare Finvasia with Edelweiss on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia with Edelweiss
Transaction Charges Compare Finvasia Edelweiss
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 115 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for edelweiss-broking
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Account Features

Compare Finvasia vs Edelweiss on Account Features

Compare Finvasia with Edelweiss on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Edelweiss offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Finvasia with Edelweiss
Account Features Compare Finvasia Edelweiss
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Finvasia vs Edelweiss on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Edelweiss. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia with Edelweiss
Trading Platform Compare Finvasia Edelweiss
Desktop Trading Platform OMNESYS NEST Xtreme Trader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://tlounge.edelweiss.in/Login
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Edelweiss Mobile Trader
Mobile Trading App Demo SCALPERT Demo Edelweiss Mobile Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Edelweiss Mobile Trader Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Edelweiss Mobile Trader Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Edelweiss
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Edelweiss
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Edelweiss
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for edelweiss-broking

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Broker Ratings by Users

Compare Finvasia vs Edelweiss on User Rating

  Finvasia Edelweiss
  6 Customer Reviews    Rate Finvasia 2 Customer Reviews    Rate Edelweiss
Fees Ratings 3.3 3.5
Trading Brokerage Rating 4.0 4.0
Trading Platform Usability 4.0 3.5
Customer Service Ratings 3.5 2.5
Overall Ratings Rated 3.8 stars Rated 3.0 stars
Broker Rating Finvasia is Rated 3.8 / 5 based on 6 customer reviews Edelweiss is Rated 3.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare Finvasia vs Edelweiss on Investment Offerings

Compare Finvasia with Edelweiss on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Edelweiss provides PMS Service where Finvasia doesn't offer

Investment Offerings - Compare Finvasia with Edelweiss
Investment Offerings Compare Finvasia Edelweiss
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare Finvasia vs Edelweiss on Order Types

Order Type - Compare Finvasia with Edelweiss on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Finvasia provide Bracket Orders (BO) where Edelweiss doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Finvasia with Edelweiss
Order Type Compare Finvasia Edelweiss
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Finvasia vs Edelweiss on Margin/Leverage

Comapre Finvasia with Edelweiss on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Finvasia with Edelweiss
Margin Product Compare Finvasia Edelweiss
Equity Delivery Margin Finvasia vs Edelweiss - Equity Delivery Margin No margin / leverage for equity delivery. Up to 10x leverage for equity delivery - via Margin Funding.
Equity Intraday Margin Finvasia vs Edelweiss - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 10x or 10% subject to Var and ELM.
Futures Margin Finvasia vs Edelweiss - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Finvasia vs Edelweiss - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin Finvasia vs Edelweiss - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Finvasia vs Edelweiss - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Finvasia vs Edelweiss - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Finvasia vs Edelweiss - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Finvasia vs Edelweiss on Customer Service

Compare Finvasia with Edelweiss on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia with Edelweiss
Customer Service Compare Finvasia Edelweiss
24/7 Customer Service Finvasia vs Edelweiss - 24x7 customer support No No
Email Support Finvasia vs Edelweiss - Email Support Yes Yes
Onine Live Chat Finvasia vs Edelweiss - Onine Live Chat Yes No
Phone Support Finvasia vs Edelweiss - Phone Support Yes Yes
Toll Free Number Finvasia vs Edelweiss - Toll Free Number No Yes
Through Branches Finvasia vs Edelweiss - Through Branches No Yes
Customer Care Number Finvasia vs Edelweiss - Customer Care Number +911726670000/+911724770000/+919779097777 040-4905-9999
Account Opening Process Finvasia vs Edelweiss - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Finvasia vs Edelweiss - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Finvasia vs Edelweiss - Knowledge Center/Education Info Not Available https://www.edelweiss.in/faqs
Head Office Address Finvasia vs Edelweiss - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website Finvasia vs Edelweiss - Company Website https://www.finvasia.com/ https://www.edelweiss.in
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Tips/Research/Reports Published

Compare Finvasia vs Edelweiss on Research Reports, Tips

Compare Finvasia with Edelweiss on research reports and tips provided by broker.

Research Reports - Compare Finvasia with Edelweiss
  Finvasia Edelweiss
Research Mutual Funds Finvasia vs Edelweiss - Research Mutual Funds No Yes
Research Equity Reports Finvasia vs Edelweiss - Research Equity Reports No Yes
Research ETF Finvasia vs Edelweiss - Research ETF No Yes
Daily Market Report Finvasia vs Edelweiss - Daily Market Report No Yes
Free Tips Finvasia vs Edelweiss - Free Tips No Yes
Quarterly Result Analysis Finvasia vs Edelweiss - Quarterly Results No Yes
News Alerts Finvasia vs Edelweiss - No Yes
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Demat Account

Compare Finvasia vs Edelweiss on Demat Account

Compare Finvasia with Edelweiss on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia with Edelweiss
  Finvasia Edelweiss
DP Source CDSL CDSL
DP ID Finvasia vs Edelweiss - DP ID 84300 19100
Demat Account Annual Maintenance Charges(AMC) Free Free (₹1500 one time charges)
Advance Deposit Rs 0 NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹15 per certificate ₹2 per certificate + ₹30 courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹25 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation NIL Nil
Pledge Closure ₹25 per transaction 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation NIL Nil
Pledge Invocation ₹19 per transaction 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹49 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Edelweiss on Special Offers and Promotion

Compare Finvasia with Edelweiss on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Edelweiss on Special Offers and Promotion
  Finvasia Edelweiss
Pay In and Pay Out Options Finvasia vs Edelweiss - Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Edelweiss Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Finvasia vs Edelweiss - Payout Time Up to 24 hrs except for bank holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Finvasia vs Edelweiss - Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Info Not Available
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes
  • Choice of trading platforms including in-house built Scalpert.
  • Zero brokerage charges for trading across all segments.
  • NRI services available.
  • Portfolio Management Service for HNIs.
  • Research on markets and guidance available.
  • Offer proprietary trading services.

Detail Review...

  • Seamless trading with the help of personalized relationship managers, web site and call center.
  • Best in-house research.
  • Wide range of investment options available.
  • Excellent trading tools and platform.

Detail Review...

Dislikes
  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

Detail Review...

  • Does not offer 3-in-1 account opening facility.
  • Edelweiss Lite, a discount brokerage plan is available only to online traders & investors.
  • Research, portfolio optimizer, call & trade services are not free for Edelweiss Lite Plan subscribers.
  • DP charges are bit higher compared to brokers.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Free online trading account and Free demat account (Free lifetime AMC), Pay Max Rs 10 as your brokerage.
Enquiry Enquire about Finvasia Enquire about Edelweiss

Last Updated on 2020-02-07T00:21:08+00:00







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