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Edelweiss Vs HDFC Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Edelweiss ranges between Rs 10 while the brokerage of HDFC Securities ranges between .05 to .5%. Both the brokers are Full Service brokers. Edelweiss is having overall lower rating compare to HDFC Securities. Edelweiss is rated only 3.5 out of 5 where HDFC Securities is rated 4 out of 5. Number of active customer for Edelweiss is 11,63,260 where number of active customer for HDFC Securities is 2,16,804. Edelweiss is serving more customer compare to HDFC Securities.

Here we present side-by-side comparison of Edelweiss vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Edelweiss vs HDFC Securities'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.

Here we present side-by-side comparison of Edelweiss vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Edelweiss vs HDFC Securities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Edelweiss vs HDFC Securities on Service

  Edelweiss Compare
Edelweiss
HDFC Securities Compare
HDFC Securities
Overall Rating Rated 3.5 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 3 stars
Trading Platform Rated 3.5 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 4.5 stars
Customer Service Rated 3.5 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 11,63,260 2,16,804
Broker Overview One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Edelweiss Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the indus... Know more about Edelweiss With over 2 decades of experience, exceptionally great 24/7 customer services, and world-class research & advisory, HDFC Securities has topped the list of the best full-service brokers in India serving above 10 lakh customers. It is a one-stop sh...Know more about HDFC Securities
Broker Enquiry Request call back from Zerodha Request call back from Edelweiss
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Account Opening Charges and AMC

Compare Edelweiss vs HDFC Securities on Trading & Demat Account Opening Charges

Comparison of Edelweiss with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Edelweiss offer Free account opening where HDFC Securities charges Rs 999 for account opening. Demat AMC charges - Edelweiss charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Edelweiss with HDFC Securities
Charges Edelweiss HDFC Securities
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] Rs 750 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Edelweiss vs HDFC Securities on Plan Options

Plans are the most important feature you look when compare Edelweiss with HDFC Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Edelweiss provide Multiple Plans where HDFC Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Edelweiss with HDFC Securities on Plan Options
Plan Types Edelweiss HDFC Securities
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Edelweiss
Account Opening Request
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Brokerage Charges

Compare Edelweiss vs HDFC Securities on Brokerage Charges

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.

HDFC Securities Brokerage Plan detail - HDFC Securities have a fixed percentage base brokerage plan, where Minimum brokerage is fixed at Rs 25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on a higher range and Equity Delivery & Future trading is on average brokerage level compared to other full-service brokers.

Brokerage Charges - Compare Edelweiss with HDFC Securities
Brokerage Charges Compare Edelweiss HDFC Securities
Plan Name Edelweiss Lite Percentage based brokerage plan
Equity Delivery Flat Rs. 10 per executed order 0.50%
Equity Intraday Flat Rs. 10 per executed order 0.05%
Equity Futures Flat Rs. 10 per executed order 0.05%
Equity Options Flat Rs. 10 per executed order Higher of 0.1% of Premium or Rs 100 per lot
Currency Futures Flat Rs. 10 per executed order Rs 23 per lot
Currency Options Flat Fee Rs Flat Rs. 10 per executed order Rs 20 per lot
Commodity Trading 0.01% Rs. 20 per order, Options: Rs. 100 per lot
Minimum Brokerage NIL Rs 25
Hidden Charges Info Not Available Yes
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free
Auto Square off Charges Free Free
Brokerage Calculator Brokerage Calculator for Edelweiss Brokerage Calculator for HDFC Securities
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Share Broker's Transaction Charges

Compare Edelweiss vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare Edelweiss with HDFC Securities
Transaction Charges Compare Edelweiss HDFC Securities
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 110 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 NA
Brokerage Charges Complete Brokerage Plans for edelweiss-broking Complete Brokerage Plans for hdfc-securities
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Account Features

Compare Edelweiss vs HDFC Securities on Account Features

Compare Edelweiss with HDFC Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where Edelweiss offers only 2-in-1 account which includes trading and demat account. Algo Trading - Edelweiss offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - Edelweiss offers a margin funding where HDFC Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Edelweiss vs HDFC Securities on Trading Platform

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

Trading Platform - Compare Edelweiss with HDFC Securities
Trading Platform Compare Edelweiss HDFC Securities
Desktop Trading Platform Xtreme Trader ProTerminal
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://tlounge.edelweiss.in/Login https://trade.hdfcsec.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Edelweiss Mobile Trader HDFC securities Mobile
Mobile Trading App Demo Edelweiss Mobile Trader Demo HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Edelweiss Mobile Trader Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Edelweiss Mobile Trader Download iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Proterminal - Rs. 2500 (Offer price: Rs. 1500)
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Edelweiss Equity Intraday and Delivery Brokerage Calculator for HDFC Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Edelweiss Futures Brokerage Calculator for HDFC Securities
Options Brokerage Calculator Options Brokerage Calculator for Edelweiss Options Brokerage Calculator for HDFC Securities
Detail Detail on Trading Platforms for edelweiss-broking Detail on Trading Platforms for hdfc-securities

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Broker Ratings by Users

Compare Edelweiss vs HDFC Securities on User Rating

  Edelweiss HDFC Securities
  3 Customer Reviews    Rate Edelweiss 96 Customer Reviews    Rate HDFC Securities
Fees Ratings 2.7 2.4
Trading Brokerage Rating 3.3 2.1
Trading Platform Usability 3.7 3.0
Customer Service Ratings 2.0 2.8
Overall Ratings Rated 2.3 stars Rated 2.4 stars
Broker Rating Edelweiss is Rated 2.3 / 5 based on 3 customer reviews HDFC Securities is Rated 2.4 / 5 based on 96 customer reviews
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Investment Offerings

Compare Edelweiss vs HDFC Securities on Investment Offerings

Compare Edelweiss with HDFC Securities 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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Edelweiss provide PMS Service where HDFC Securities doesn't offer

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

Compare Edelweiss vs HDFC Securities on Order Types

Order Type - Compare Edelweiss with HDFC Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type 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) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).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)- Edelweiss offers After Market Orders where HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where Edelweiss doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Edelweiss with HDFC Securities
Order Type Compare Edelweiss HDFC Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Edelweiss vs HDFC Securities on Customer Service

Compare Edelweiss with HDFC Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Edelweiss with HDFC Securities
Customer Service Compare Edelweiss HDFC Securities
24/7 Customer Service Edelweiss vs HDFC Securities - 24x7 customer support No No
Email Support Edelweiss vs HDFC Securities - Email Support Yes Yes
Onine Live Chat Edelweiss vs HDFC Securities - Onine Live Chat No Yes
Phone Support Edelweiss vs HDFC Securities - Phone Support Yes Yes
Toll Free Number Edelweiss vs HDFC Securities - Toll Free Number Yes No
Through Branches Edelweiss vs HDFC Securities - Through Branches Yes Yes
Customer Care Number Edelweiss vs HDFC Securities - Customer Care Number 1800 102 3335 022-39019400
Account Opening Process Edelweiss vs HDFC Securities - Account Opening Process Online/Paperless Offline
Customer Support Email Edelweiss vs HDFC Securities - Customer Support Email [email protected] [email protected], customer
Knowledge Center/Education Edelweiss vs HDFC Securities - Knowledge Center/Education https://www.edelweiss.in/investology https://www.hdfcsec.com/products/demolisting/
Head Office Address Edelweiss vs HDFC Securities - Head Office Address/Corporate Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website Edelweiss vs HDFC Securities - Company Website https://www.edelweiss.in https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare Edelweiss vs HDFC Securities on Research Reports, Tips

Compare Edelweiss with HDFC Securities on research reports and tips provided by the broker.

Research Reports - Compare Edelweiss with HDFC Securities
  Edelweiss HDFC Securities
Research Mutual Funds Edelweiss vs HDFC Securities - Research Mutual Funds Yes Yes
Research Equity Reports Edelweiss vs HDFC Securities - Research Equity Reports Yes Yes
Research ETF Edelweiss vs HDFC Securities - Research ETF Yes Yes
Daily Market Report Edelweiss vs HDFC Securities - Daily Market Report Yes Yes
Free Tips Edelweiss vs HDFC Securities - Free Tips Yes Yes
Quarterly Result Analysis Edelweiss vs HDFC Securities - Quarterly Results Yes Yes
News Alerts Edelweiss vs HDFC Securities - Yes Yes
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Demat Account

Compare Edelweiss vs HDFC Securities on Demat Account

Compare Edelweiss with HDFC Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Edelweiss is Free (₹1500 one time charges) where for HDFC Securities is ₹750 pa. Edelweiss is a better choice in terms of Demat AMC compare to HDFC Securities.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Edelweiss is 0.02% of transaction value or ₹20 per transaction whichever is higher where for HDFC Securities is 0.04% (Min ₹20) + CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Edelweiss with HDFC Securities
  Edelweiss HDFC Securities
DP Source CDSL CDSL
DP ID Edelweiss vs HDFC Securities - DP ID 19100 12400
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹750 pa
Advance Deposit NIL Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher 0.04% (Min ₹20) + CDSL charges
Demat ₹2 per certificate + ₹30 courier charges ₹5 per certificate + ₹35 request charges
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹30
Pledge Creation 0.02% of transaction value (Min ₹50) Nil
Pledge Creation Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Closure 0.02% of transaction value (Min ₹50) Nil
Pledge Closure Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Invocation 0.02% of transaction value (Min ₹50) 0.04% of transaction value (Min ₹40)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Edelweiss vs HDFC Securities on Special Offers and Promotion

Compare Edelweiss with HDFC Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Edelweiss vs HDFC Securities on Special Offers and Promotion
  Edelweiss HDFC Securities
Pay In and Pay Out Options Edelweiss vs HDFC Securities - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Edelweiss vs HDFC Securities - Payout Time Upto 24 Hrs except Bank Holidays. Instant to HDFC Bank.
Bank Supported and Charges Edelweiss vs HDFC Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Direct from your HDFC bank account.
Likes
  • Trade and invest on BSE, NSE, and MCX.
  • 10 per order flat brokerage trading.
  • Trade at either a flat brokerage fee (Lite) or %-based brokerage plan (Elite).
  • Add-on services with Edelweiss Elite plan; free call & trade, free RM, etc.
  • Free mobile app and desktop trading terminal.
  • Get Edelweiss API connect for free.
  • Edelweiss partner platforms; TradeTron, Algobulls, Quantsapp, etc
  • Get free expert research, advisory, and trading tips.
  • Place Bracket order, cover order, aftermarket order, and Good Till Cancelled (GTC) order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Offline branch-based customer support is available.

Detail Review...

  • Invest across all types of asset classes on BSE, NSE, and MCX.
  • Free web and mobile app-based trading platforms.
  • Ultra-speed and feature-rich ProTerminal platform.
  • Brokerage-free mutual fund investment.
  • Voice-enabled investing with Arya Intelligent Chatbot.
  • Advanced portfolio tracking.
  • Quick payout upto Rs. 5 Lac with Encash facility.
  • Free call & trade
  • Apply for IPOs online in just 3 clicks.
  • Start StockSIP.
  • Invest in shares of US-based companies.
  • Smallcase, a thematic investing platform.
  • Get access to HDFC research for
  • Place advance orders like bracket order, cover order, and Good Till Date (GTD) order.
  • Margin trading facility.

Detail Review...

Dislikes
  • It does not provide a 3-in-1 account opening facility.
  • NRIs cannot open Edelweiss Demat and Trading Account.
  • Call & trade, and research services are not free for Lite brokerage plan subscribers.

Detail Review...

  • Minimum brokerage fee of Rs. 25 per trade, subject to a maximum 2.5% ceiling on trade value.
  • High brokerage charges.
  • High Demat maintenance charges.
  • ProTerminal is a paid platform that charges a subscription fee every year.

Detail Review...

Special Offers/Promo Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Edelweiss Account Now>>

Last Updated on 2022-07-02T02:07:31+00:00