Compare 3 Brokers

Zerodha Vs Edelweiss: Which one is better?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Edelweiss ranges between Max Rs 10. Zerodha is a Discount Broker where Edelweiss is a Full Service Broker. Zerodha is having overall higher rating compare to Edelweiss. Zerodha is rated 4.5 out of 5 where Edelweiss is rated only 3.5 out of 5.

Here we present side-by-side comparison of Zerodha 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 Zerodha 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.

Here we present side-by-side comparison of Zerodha 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 Zerodha vs Edelweiss'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 Zerodha vs Edelweiss on Service

  Zerodha Compare
Zerodha
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? NSE, BSE, MCX-SX and MCX BSE, NSE, MCX, NCDEX
Active Clients 24,74,663 1,42,261
Broker Overview With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv... Know more about Zerodha 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 Zerodha. 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 Zerodha vs Edelweiss on Trading & Demat Account Opening Charges

Comparison of Zerodha with Edelweiss on trading & demat account opening charges and AMC. Trading account opening charges - Edelweiss offer Free account opening where Zerodha charges Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity for account opening. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Edelweiss charges Rs 300 pa (Second Year Onward) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with Edelweiss
Charges Zerodha Edelweiss
Trading Account Opening Fees Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 300 pa (Second Year Onward)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs Edelweiss on Plan Options

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

Compare Zerodha with Edelweiss on Plan Options
Plan Types Zerodha Edelweiss
Multiple Plans No 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 Zerodha vs Edelweiss on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE, MCX and MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 Zerodha with Edelweiss
Brokerage Charges Compare Zerodha Edelweiss
Plan Name Max Rs 20 per order Trading Plan Edelweiss Lite
Equity Delivery Free Rs.10 / 0.01% whichever lower
Equity Intraday 0.03% or Rs 20 whichever is lower Rs.10 / 0.01% whichever lower
Equity Futures 0.03% or Rs 20 whichever is lower Rs.10 / 0.01% whichever lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 10
Currency Futures 0.03% or Rs 20 whichever is lower Rs.10 / 0.01% whichever lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 10
Commodity Trading Flat Fee Rs 20 0.01%
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 50 Per Executable Order Free
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for Edelweiss
SPAN Margin Calculator SPAN Margin Calculator for Zerodha SPAN Margin Calculator for Edelweiss
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Share Broker's Transaction Charges

Compare Zerodha vs Edelweiss on Transaction Charges

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

Transaction Charges - Compare Zerodha with Edelweiss
Transaction Charges Compare Zerodha 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 135 Per Cr Rs 110 Per Cr
Currency Options Rs 4400 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for edelweiss-broking
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Account Features

Compare Zerodha vs Edelweiss on Account Features

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

Account Features - Zerodha with Edelweiss
Account Features Compare Zerodha Edelweiss
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. No Zerodha 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 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Zerodha vs Edelweiss on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha and Edelweiss. 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 Zerodha with Edelweiss
Trading Platform Compare Zerodha Edelweiss
Desktop Trading Platform Zerodha PI Xtreme Trader
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://kite.zerodha.com/ https://tlounge.edelweiss.in/Login
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite Edelweiss Mobile Trader
Mobile Trading App Demo Zerodha Kite Demo Edelweiss Mobile Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod Edelweiss Mobile Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Zerodha Kite Download iOS Edelweiss Mobile Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for Edelweiss
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Edelweiss
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Edelweiss
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for edelweiss-broking

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Broker Ratings by Users

Compare Zerodha vs Edelweiss on User Rating

  Zerodha Edelweiss
  158 Customer Reviews    Rate Zerodha 2 Customer Reviews    Rate Edelweiss
Fees Ratings 4.0 3.5
Trading Brokerage Rating 4.5 4.0
Trading Platform Usability 3.7 3.5
Customer Service Ratings 3.8 2.5
Overall Ratings Rated 3.9 stars Rated 3.0 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 158 customer reviews Edelweiss is Rated 3.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare Zerodha vs Edelweiss on Investment Offerings

Compare Zerodha 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 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 provides PMS Service where Zerodha doesn't offer

Investment Offerings - Compare Zerodha with Edelweiss
Investment Offerings Compare Zerodha 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 Zerodha vs Edelweiss on Order Types

Order Type - Compare Zerodha with Edelweiss 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) - Zerodha 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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- Zerodha offers Good Till Cancelled (GTC) orders where Edelweiss doesn't support Good Till Cancelled (GTC) orders.

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

Compare Zerodha vs Edelweiss on Margin/Leverage

Compare Zerodha with Edelweiss on Exposure/Margin offered by the 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 Zerodha with Edelweiss
Margin Product Compare Zerodha Edelweiss
Equity Delivery Margin Zerodha vs Edelweiss - Equity Delivery Margin No, Zerodha dont provide any margin/leverage for delivery/carry forward positions. Up to 4x on equity delivery with Margin Funding.
Equity Intraday Margin Zerodha vs Edelweiss - Equity Intraday Margin Upto 10x margin for intraday leverage for equity. Up to 10x leverage for equity MIS orders.
Futures Margin Zerodha vs Edelweiss - Futures Margin Upto 2x leverage for futures Up to 2x leverage for Index and Stocks.
Options Margin Zerodha vs Edelweiss - 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 Zerodha vs Edelweiss - Equity CO Margin Upto 20.8x margin/leverage in CO order for selected equity scripts. Up to 80x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Zerodha vs Edelweiss - Futures CO Margin Upto 33x margin/leverage in CO order for Futures contracts. Up to 80x margin/leverage in CO order for Futures contracts.
Options CO Margin Zerodha vs Edelweiss - Options CO Margin Upto 20x margin/leverage in CO order for options Contracts Sell only.Buying is enable for NIFTY only. Info Not Available
Commodity Margin Zerodha vs Edelweiss - Commodity Margin Upto 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Complete SPAN+Exposure is required for MCX and NCDEX.
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Customer Service Offered

Compare Zerodha vs Edelweiss on Customer Service

Compare Zerodha with Edelweiss 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 Zerodha with Edelweiss
Customer Service Compare Zerodha Edelweiss
24/7 Customer Service Zerodha vs Edelweiss - 24x7 customer support No No
Email Support Zerodha vs Edelweiss - Email Support Yes Yes
Onine Live Chat Zerodha vs Edelweiss - Onine Live Chat No No
Phone Support Zerodha vs Edelweiss - Phone Support Yes Yes
Toll Free Number Zerodha vs Edelweiss - Toll Free Number No Yes
Through Branches Zerodha vs Edelweiss - Through Branches Yes Yes
Customer Care Number Zerodha vs Edelweiss - Customer Care Number "+ 91 80 4040 2020" 040-4905-9999
Account Opening Process Zerodha vs Edelweiss - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Zerodha vs Edelweiss - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs Edelweiss - Knowledge Center/Education https://support.zerodha.com/ https://www.edelweiss.in/faqs
Head Office Address Zerodha vs Edelweiss - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website Zerodha vs Edelweiss - Company Website https://zerodha.com/ https://www.edelweiss.in
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Tips/Research/Reports Published

Compare Zerodha vs Edelweiss on Research Reports, Tips

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

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

Compare Zerodha vs Edelweiss on Demat Account

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

Demat Charges - Compare Zerodha with Edelweiss
  Zerodha Edelweiss
DP Source CDSL CDSL
DP ID Zerodha vs Edelweiss - DP ID 81600 19100
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free (₹1500 one time charges)
Advance Deposit Nil NIL
Statutory charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹150 per certificate + ₹100 courier charges ₹2 per certificate + ₹30 courier charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹20 + ₹12 CSDL charges 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + ₹12 CSDL charges 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹50 per instraction Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs Edelweiss on Special Offers and Promotion

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

Compare Zerodha vs Edelweiss on Special Offers and Promotion
  Zerodha Edelweiss
Pay In and Pay Out Options Zerodha vs Edelweiss - Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
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 Zerodha vs Edelweiss - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Zerodha vs Edelweiss - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes

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
  • Call and trade is not free.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

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 Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. Free online trading account, Pay Max ₹10 as your brokerage.
Enquiry Enquire about Zerodha Enquire about Edelweiss

Last Updated on 2020-10-31T00:23:39+00:00


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