ICICI Direct vs Edelweiss – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of ICICI Direct vs Edelweiss. ICICI Direct is one of the largest Full Service Banking Broker in the Country with more than 3 million client base while Edelweiss is a leader in digitization of the entire ecosystem of stock broking. This comparison between ICICI Direct & Edelweiss will be extremely interesting.

ICICI Direct vs Edelweiss

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This ICICI Direct & Edelweiss comparison will give a very detailed overview of which stock broker is suitable for you.


Now let’s Compare Edelweiss & ICICI Direct :

Overview of ICICI Direct & Edelweiss

Overview ICICI Direct Edelweiss
Company Type Public Public
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, India
Founder M K Sharma Rashesh Shah
Established Year 1994 2008

ICICI Direct vs Edelweiss Customer Ratings Comparison

Customer Ratings ICICI Direct Edelweiss
Experience 7.5/10 7.0/10
Products & Services 8.9/10 7.5/10
Brokerage Charges & Fees 6.0/10 6.5/10
Stock Research & Advisory 8.5/10 8.0/10
Trading Platforms 8.5/10 7.5/10
Overall Ratings 7.9/10 7.3/10
Star Ratings ★★★★★ ★★★★☆
Total Client Reviews 1488 625

ICICI Direct vs Edelweiss Demat Account Comparison

Demat Services ICICI Direct Edelweiss
Depository Source NSDL & CDSL NSDL & CDSL
Account Opening Charges Zero Rs.750
Demat AMC Charges Rs.500 per Annum Free or Rs.300 per Annum
Trading AMC Charges Rs.975 Free
Margin Money Minimum Rs.20,000 Minimum Rs.25,000
Offline to Online No No

Edelweiss vs ICICI Direct Brokerage Charges Comparison

Brokerage Charge & Fees ICICI Direct Edelweiss
Equity Delivery Trading 0.55% 0.55%
Equity Intraday Trading 0.03% – 0.05% 0.04%
Commodity Options Trading NA NA
Equity Futures Trading 0.03% – 0.05% 0.04%
Equity Options Trading Rs.35 – Rs.95 per Lot Rs.120 per Lot
Currency Futures Trading 0.03% – 0.05% 0.035%
Currency Options Trading Rs.10 – Rs.35 per Lot Rs.30 per Lot
Minimum Brokerage Rs.35 per Trade Percentage of Transacton
Demat AMC Charges Rs.500 per Annum Free or Rs.300 per Annum
Trading AMC Charges Rs.975 per Annum Free
Margin Money Minimum Rs.20,000 Minimum Rs.25,000
Brokerage Calculator ICICI Direct Brokerage Calculator Edelweiss Brokerage Calculator

Edelweiss & ICICI Direct Other Charges Comparison

Other Charges ICICI Direct Edelweiss
Transaction Charges 0.00280% of Total Turnover 0.00275% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Edelweiss & ICICI Direct Offers

Offers ICICI Direct Edelweiss
Free Demat Account S R
Free Trading Account S S
Discount on Brokerage S R
Trading Happy Hours R S
Flexible Brokerage Plans R S
1 Month Brokerage Free S R
Holiday Offers S S
Referral Offers R R
Zero Brokerage for Loss Making Trades R S

Compare Services of ICICI Direct vs Edelweiss

Services ICICI Direct Edelweiss
Demat Services R R
Trading Services R R
3 in 1 Acount R S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory R R
PMS R R
Trading Institution R R
Trading Exposure Upto 16x Upto 25x

Compare Edelweiss & ICICI Direct Research & Advisory

Research & Advisory ICICI Direct Edelweiss
Fundamental Reports R R
Research Reports R R
Company Reports R R
Annual Reports R S
Company Stock Review R R
Free Stock Tips S S
IPO Reports R R
Top Picks S S
Daily Market Review R R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

ICICI Direct vs Edelweiss Exposure/Leverage

Exposure / Leverage ICICI Direct Edelweiss
Equity Delivery Upto 8x Upto 15x
Equity Intraday Upto 16x Upto 25x
Equity Futures Upto 8x Upto 15x
Equity Options Upto 5x Upto 10x
Currency Futures Upto 8x Upto 12x
Currency Options Upto 8x Upto 10x
Commodities Upto 12x Upto 15x

ICICI Direct vs Edelweiss Product Comparison

Products ICICI Direct Edelweiss
Equity Trading R R
Commodity Trading S S
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R S
Banking R S
SIP R R
Insurance R R

ICICI Direct vs Edelweiss Trading Platform Comparison

Trading Platforms ICICI Direct Edelweiss
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R R
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R R

ICICI Direct vs Edelweiss Customer Support

Customer Support ICICI Direct Edelweiss
Dedicated Dealer R R
Offline Trading S S
Online Trading R R
24*7 Support S R
Support Number 022-33551122 1800 102 3335
Email Support R R
Chat Support S R
Toll Free Number No 1800 102 3335
Branches 226 102

ICICI Direct vs Edelweiss Customer Complaints

Complaints (Current Year) ICICI Direct Edelweiss
Lodged in BSE 225 212
Resolved in BSE 215 207
Lodged in NSE 196 133
Resolved in NSE 182 119

Compare ICICI Direct with other Brokers & Edelweiss with other Brokers:

ICICI Direct vs Bonanza Portfolio Edelweiss vs SBI Cap Securities
ICICI Direct vs HDFC Securities Edelweiss vs Anand Rathi
ICICI Direct vs IIFL Edelweiss vs Religare Securities
ICICI Direct vs Reliance Securities Edelweiss vs Ventura Securities
ICICI Direct vs Ventura Securities Edelweiss vs SAMCO
ICICI Direct vs SAMCO Edelweiss vs Bonanza Portfolio
ICICI Direct vs Kotak Securities Edelweiss vs HDFC Securities
ICICI Direct vs Angel Broking Edelweiss vs IIFL
ICICI Direct vs Sharekhan Edelweiss vs Reliance Securities
ICICI Direct vs Zerodha Edelweiss vs Motilal Oswal

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