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.
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 |
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