ICICIDirect Vs Edelweiss Broking: Which one is better?

The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of Edelweiss Broking ranges between .01% and 5 Rs. Both the brokers are Full Service brokers. ICICIDirect is having overall higher rating compare to Edelweiss Broking. ICICIDirect is rated 4 out of 5 where Edelweiss Broking is rated only 3.5 out of 5.

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

  ICICIDirect Compare
ICICIDirect
Edelweiss Broking Compare
Edelweiss Broking
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX, NCDEX
Broker Overview ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove... Know more about ICICI Securities Pvt Ltd. Huge network of sub brokers,trading in all of the segments backed up by strong research, strategies and analytical tools, Edelweiss has everything and more than a investor need to success but at a little higher cost.
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Edelweiss Broking. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare ICICIDirect vs Edelweiss Broking on Brokerage & Demat Account Opening Charges

  ICICIDirect Edelweiss Broking
Trading Account Opening Fees ICICIDirect vs Edelweiss Broking - Trading Account Opening Fees Free Rs 750 (Free Offer)
Trading AMC ICICIDirect vs Edelweiss Broking - Trading Account AMC Free Free
Demat Account Opening Fees ICICIDirect vs Edelweiss Broking - Demat Account Opening Fees Free Free
Demat AMC ICICIDirect vs Edelweiss Broking - Demat Account AMC Rs 600 PA (Waived for 1st year) Free With Online Plan, Rs 500 PA with Standard Pla
Provide DP Service ICICIDirect vs Edelweiss Broking - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Edelweiss Broking on Plan Options

  ICICIDirect Edelweiss Broking
Multiple Plans What is this parameter? Yes Yes
Monthly Plans ICICIDirect vs Edelweiss Broking - Monthly Brokerage Plan No No
Yearly Plans ICICIDirect vs Edelweiss Broking - Yearly Brokerage Plan No No
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Account Opening Request

Account Opening

  ICICIDirect Edelweiss Broking
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Edelweiss Broking on Brokerage Charges

  ICICIDirect Edelweiss Broking
Plan Name ICICIDirect vs Edelweiss Broking - I-Secure Trading Plan (Percentage Based) Discount Brokerage
Plan Description ICICIDirect vs Edelweiss Broking - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders. 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.
Equity Delivery ICICIDirect vs Edelweiss Broking - Cash Delivery Brokerage 0.55% or 55 paisa 0.01% or 1 Paisa
Equity Intraday ICICIDirect vs Edelweiss Broking - Cash Intraday Brokerage 0.03% or 3 paisa 0.01% or 1 Paisa
Equity Futures ICICIDirect vs Edelweiss Broking - F&O Segment - Futures Brokerage 0.05% or 5 paisa Rs 5 Per Lot
Equity Options ICICIDirect vs Edelweiss Broking - F&O Segment - Options Brokerage Rs 95 Per Lot Rs 5 Per Lot
Currency Futures ICICIDirect vs Edelweiss Broking - Currency Futures Trading Brokerage 0.05% or 5 paisa Rs 5 Per Lot
Currency Options ICICIDirect vs Edelweiss Broking - Currency Options Trading Brokerage Rs 25 Per Lot Rs 5 Per Lot
Commodity Trading ICICIDirect vs Edelweiss Broking - Commodity Trading Brokerage NA 0.01% for Futures, .10% for Options
Minimum Brokerage ICICIDirect vs Edelweiss Broking - Rs 35 per trade
Hidden Charges ICICIDirect vs Edelweiss Broking - Hidden Charges Yes
Funding ICICIDirect vs Edelweiss Broking - Funding Interest Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges ICICIDirect vs Edelweiss Broking - Call & Trade Charges First 20 call free and Rs 25 there onwards. Free
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Edelweiss Broking
SPAN Margin Calculator SPAN Margin Calculator for ICICIDirect SPAN Margin Calculator for Edelweiss Broking
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Share Broker's Transaction Charges

Compare ICICIDirect vs Edelweiss Broking on Transaction Charges

  ICICIDirect Edelweiss Broking
Equity Delivery ICICIDirect vs Edelweiss Broking - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday ICICIDirect vs Edelweiss Broking - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures ICICIDirect vs Edelweiss Broking - Equity Futures Transaction Charges Rs 190 Per Cr Rs 190 Per Cr
Equity Options ICICIDirect vs Edelweiss Broking - Equity Options Transaction Charges Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures ICICIDirect vs Edelweiss Broking - Rs 100 Per Cr Rs 110 Per Cr
Currency Options ICICIDirect vs Edelweiss Broking - Rs 4000 Per Cr Rs 4000 Per Cr
Commodity ICICIDirect vs Edelweiss Broking - Commodity Transaction Charges NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for edelweiss-broking
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Account Features

Compare ICICIDirect vs Edelweiss Broking on Account Features

  ICICIDirect Edelweiss Broking
3 in 1 Account ICICIDirect vs Edelweiss Broking - Account Type? Yes, ICICI Securities Pvt Ltd. have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICI Securities Pvt Ltd. have 2-in-1 account. Only Demate and Trading account.
Charting ICICIDirect vs Edelweiss Broking - Advance Charting Yes Yes
Algo Trading ICICIDirect vs Edelweiss Broking - Algo Trading No Yes
SMS Alerts ICICIDirect vs Edelweiss Broking - SMS Alerts Yes Yes
Online Demo ICICIDirect vs Edelweiss Broking - Online Demo Yes Yes
Online Portfolio ICICIDirect vs Edelweiss Broking - Portfolio Service Yes Yes
Margin Trading Funding Available ICICIDirect vs Edelweiss Broking - Margin Funding Yes Yes
Combined Ledger for Equity and Commodity ICICIDirect vs Edelweiss Broking - Combined Ledger for Equity and Commodity No No
Intraday Square-off Time ICICIDirect vs Edelweiss Broking - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading ICICIDirect vs Edelweiss Broking - NRI Trading Yes Yes
Other Features ICICIDirect vs Edelweiss Broking -
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Trading Platform

Compare ICICIDirect vs Edelweiss Broking on Trading Platform

  ICICIDirect Edelweiss Broking
Desktop Trading Platform ICICIDirect vs Edelweiss Broking - Trading terminal Trade Racer Xtreme Trader
Desktop Demo ICICIDirect vs Edelweiss Broking - Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) ICICIDirect vs Edelweiss Broking - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) ICICIDirect vs Edelweiss Broking - MAC Trading Terminal Yes No
Web Trading Platform ICICIDirect vs Edelweiss Broking - Web Trading Platform Yes Yes
Web Trading Detail ICICIDirect vs Edelweiss Broking - Trading Website https://www.icicidirect.com https://tlounge.edelweiss.in/Login
Web Trading Demo ICICIDirect vs Edelweiss Broking - Web Trading Demo Web Trading Demo Info Not Available
Mobile Site ICICIDirect vs Edelweiss Broking - Trading Site for Mobile Yes Yes
Mobile Trading ICICIDirect vs Edelweiss Broking - Mobile App Yes Yes
Mobile Trading App ICICIDirect vs Edelweiss Broking - Name Of Mobile App ICICI direct Mobile Edelweiss Mobile Trader
Mobile Trading App Demo ICICIDirect vs Edelweiss Broking - Name Of Mobile App ICICI direct Mobile Demo Edelweiss Mobile Trader Demo
Android Mobile App ICICIDirect vs Edelweiss Broking - Android Mobile App Yes Yes
Android App Download ICICIDirect vs Edelweiss Broking - Mobile App Download Andriod ICICI direct Mobile Download Andriod Edelweiss Mobile Trader Download
iPhone Mobile App (IOS) ICICIDirect vs Edelweiss Broking - Yes Yes
iOS App Download ICICIDirect vs Edelweiss Broking - Mobile App Download iOS ICICI direct Mobile Download iOS Edelweiss Mobile Trader Download
Android Tablet App ICICIDirect vs Edelweiss Broking - Android Tablet App Yes Yes
iPad App (IOS) ICICIDirect vs Edelweiss Broking - Yes Yes
Trading Software Charges ICICIDirect vs Edelweiss Broking - Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Edelweiss Broking
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Edelweiss Broking
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Edelweiss Broking
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for edelweiss-broking

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Broker Ratings by Users

Compare ICICIDirect vs Edelweiss Broking on User Rating

  ICICIDirect Edelweiss Broking
  264 Customer Reviews    Rate ICICIDirect 1 Customer Reviews    Rate Edelweiss Broking
Fees Ratings 2.4 2.0
Trading Brokerage Rating 1.8 3.0
Trading Platform Usability 3.3 3.0
Customer Service Ratings 2.8 1.0
Overall Ratings Rated 2.5 stars Rated 1.0 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews Edelweiss Broking is Rated 1.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare ICICIDirect vs Edelweiss Broking on Investment Offerings

  ICICIDirect Edelweiss Broking
Equity Cash and F&O ICICIDirect vs Edelweiss Broking - Equity and Equity derivatives Yes Yes
Currency Deravitives ICICIDirect vs Edelweiss Broking - Currency Trading Yes Yes
Commodity ICICIDirect vs Edelweiss Broking - Commodity Trading No Yes
Online IPO Application ICICIDirect vs Edelweiss Broking - Online IPO Investment Yes No
Mutual Funds ICICIDirect vs Edelweiss Broking - Online Mutual Funds Investment Yes Yes
Bond / NCD ICICIDirect vs Edelweiss Broking - Bonds and NCD Yes Yes
ETF ICICIDirect vs Edelweiss Broking - ETF Yes Yes
Banking ICICIDirect vs Edelweiss Broking - Banking Service Yes No
Insurance ICICIDirect vs Edelweiss Broking - Insurance Service Yes Yes
Forex ICICIDirect vs Edelweiss Broking - Forex Trading No No
MF SIP Investment ICICIDirect vs Edelweiss Broking - Mutual Fund SIP Yes Yes
Equity SIP Investment ICICIDirect vs Edelweiss Broking - Equity SIP Yes Yes
PMS Service ICICIDirect vs Edelweiss Broking - Portfolio Management Services (PMS) Yes Yes
Algo Trading ICICIDirect vs Edelweiss Broking - Algo Trading Yes Yes
Other Investment Options ICICIDirect vs Edelweiss Broking -
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Order Types

Compare ICICIDirect vs Edelweiss Broking on Order Types

  ICICIDirect Edelweiss Broking
CNC Ordre ICICIDirect vs Edelweiss Broking - CNC Order Yes Yes
MIS Ordre ICICIDirect vs Edelweiss Broking - MIS Order Yes Yes
NRML Ordre ICICIDirect vs Edelweiss Broking - NRML Order Yes Yes
Cover Ordre ICICIDirect vs Edelweiss Broking - Cover Order Yes Yes
Bracket Ordre ICICIDirect vs Edelweiss Broking - Bracket Order No No
AMO-After Market Orders ICICIDirect vs Edelweiss Broking - After market Orders Yes Yes
GTC-Good Till Cancelled ICICIDirect vs Edelweiss Broking - GTC Orders Yes No
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Margin/Leverage

Compare ICICIDirect vs Edelweiss Broking on Margin/Leverage

  ICICIDirect Edelweiss Broking
Equity Delivery Margin ICICIDirect vs Edelweiss Broking - Equity Delivery Margin No Delivery margin. Up to 10x leverage for equity delivery - via Margin Funding.
Equity Intraday Margin ICICIDirect vs Edelweiss Broking - Equity Intraday Margin Upto 5x leverage for equity. Up to 20x leverage for equity Intraday.
Futures Margin ICICIDirect vs Edelweiss Broking - Futures Margin Upto 2x leverage for futures. Up to 2x leverage for equity futures (of Required Margin).
Options Margin ICICIDirect vs Edelweiss Broking - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 2x margin for options shorting, no leverage for option buying.
Equity CO Margin ICICIDirect vs Edelweiss Broking - Equity CO Margin Upto 25x margin/leverage in CO order for selected equity scripts. Up to 80x margin/leverage in equity CO order for selected equity scripts.
Futures CO Margin ICICIDirect vs Edelweiss Broking - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts. Up to 5x margin/leverage (of Required Margin) in CO order for future contracts.
Options CO Margin ICICIDirect vs Edelweiss Broking - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Up to 3x margin/leverage (of Required Margin) in CO order for options contracts sell only, buying is enabled only for NIFTY.
Commodity Margin ICICIDirect vs Edelweiss Broking - Commodity Margin Info Not Available Up to 5x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare ICICIDirect vs Edelweiss Broking on Customer Service

  ICICIDirect Edelweiss Broking
24/7 Customer Service ICICIDirect vs Edelweiss Broking - 24x7 customer support No No
Email Support ICICIDirect vs Edelweiss Broking - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Edelweiss Broking - Onine Live Chat No No
Phone Support ICICIDirect vs Edelweiss Broking - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Edelweiss Broking - Toll Free Number No Yes
Through Branches ICICIDirect vs Edelweiss Broking - Through Branches Yes Yes
Customer Care Number ICICIDirect vs Edelweiss Broking - Customer Care Number 33551122 040-4905-9999
Account Opening Process ICICIDirect vs Edelweiss Broking - Account Opening Process Offline Online/Paperless
Customer Support Email ICICIDirect vs Edelweiss Broking - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Edelweiss Broking - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp https://www.edelweiss.in/faqs
Head Office Address ICICIDirect vs Edelweiss Broking - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai 400020
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website ICICIDirect vs Edelweiss Broking - Company Website https://www.icicidirect.com https://www.edelweiss.in
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Tips/Research/Reports Published

Compare ICICIDirect vs Edelweiss Broking on Research Reports, Tips

  ICICIDirect Edelweiss Broking
Research Mutual Funds ICICIDirect vs Edelweiss Broking - Research Mutual Funds Yes Yes
Research Equity Reports ICICIDirect vs Edelweiss Broking - Research Equity Reports Yes Yes
Research ETF ICICIDirect vs Edelweiss Broking - Research ETF Yes Yes
Daily Market Report ICICIDirect vs Edelweiss Broking - Daily Market Report Yes Yes
Free Tips ICICIDirect vs Edelweiss Broking - Free Tips Yes Yes
Quarterly Result Analysis ICICIDirect vs Edelweiss Broking - Quarterly Results Yes Yes
News Alerts ICICIDirect vs Edelweiss Broking - Yes Yes
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Demat Account

Compare ICICIDirect vs Edelweiss Broking on Demat Account

  ICICIDirect Edelweiss Broking
DP Source CDSL CDSL
DP ID ICICIDirect vs Edelweiss Broking - DP ID 14300 19100
Demat Account Annual Maintenance Charges(AMC) Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a. a) Star Scheme - Rs 1500 one time, No AMC. b) Regular Scheme (With POA) and c) Regular Scheme (Non POA) - Free for 1st year.From 2nd year onwards Rs 500 PA d) Corporate - Rs 800 PA. e) Transaction Scheme (POA)- Rs 800/p.a. Additional Rs 500 charged annually for Corporate accounts
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL
Statutory charges Stamp Duty at actuals NIL
Transaction Charges on Debit (Per ISIN) For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-) 1)Mkt Sell wthn EW: a)Star b)Reg Sch(With POA)-20 per trxn c)Reg Sch(Non POA)-25 per trxn (min deposit Rs 200 agst adv trxn chrgs) d)Corporate- higher of Rs 28 per trxn or 0.02% of value of securities e)Tranx Sch(POA)- NIL 2)Off Market Trxn: a)Star b)Reg Sch(With POA) & c)Reg Sch(Non POA)-20 per trxn, d)Corporate-higher of Rs 28 per trxn or 0.02% of value of securities e)Tranx Sch (POA)- NIL 3)For Sell (Debit from) target other than Edelweiss: a)Star, b)Reg Sch(With POA) & c) Reg Sch(Non POA), e)Tranx Sch(POA)-40 per trxn, d)Corporate-higher of Rs 28 per trxn or 0.02% of value of securities
Demat Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and Transaction Scheme (POA)- Rs. 2 Per Certificate + Rs 30 for Postage
Remat Rs. 30 + CDSL actuals For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and Transaction Scheme (POA) - Rs 10 per 100 securities or part thereof (Subject to min Rs 10 per request)+ Rs 30 for Postage
Pledge Creation 0.03 % or minimum of Rs. 50/- For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and e) Transaction Scheme (POA)- Rs 50 per trxn
Pledge Creation Confirmation 0.03 % or minimum of Rs. 50/- NIL
Pledge Closure 0.03 % or minimum of Rs. 50/- For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and e) Transaction Scheme (POA)- Rs 50 per trxn
Pledge Closure Confirmation 0.03 % or minimum of Rs. 50/- NIL
Pledge Invocation 0.03 % or minimum of Rs. 50/- For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and e) Transaction Scheme (POA)- Rs 25 per trxn
Failed Instruction Charges Rejection/Fails Rs.30/- NIL
Other Charges a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges. 1) Reactivation Charges: a) Star Sch :Rs.200 debited to account on yearly basis in case no debit instructions are processed during that year b) Regular Sch (With POA) and c) Regular Sch (Non POA), d) Coporate Scheme and e) Transaction Scheme (POA) - NA

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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Edelweiss Broking on Special Offers and Promotion

  ICICIDirect Edelweiss Broking
Pay In and Pay Out Options ICICIDirect vs Edelweiss Broking - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - 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 ICICIDirect vs Edelweiss Broking - Payout Time Instance to ICICI Bank. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges ICICIDirect vs Edelweiss Broking - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your ICICI bank account. Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes
  • 3-in-1 online trading account.
  • Rich research offering.
  • 24/7 customer service.
  • Easy-to-use website.
  • Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  • Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.

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
  • Minimum brokerage charges.
  • No commodity trading.
  • High brokerage.
  • Not a good fit for small and penny stock traders.
  • Charges for trading terminal usage.

Detail Review...

  • Brokerage on the higher side.
  • Doesn't offer 3-in-1 account.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Free online trading account and Free demat account (Free lifetime AMC), Trade in discount brokerage plan in 1 Paisa for Equity Cash and Delivery, Rs 5 Per Lot for F&O.
Enquire about ICICIDirect Enquire about Edelweiss Broking






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