Edelweiss Review, Brokerage Charges, Demat Account, Trading Platforms & moreLast Updated Date: Apr 23, 2022
Edelweiss Broking Ltd is a well-known Group in the financial sector. They have a mid-sized retail broking business with a client base of 5 lakh plus. Edelweiss is a financial services providing firm located in Mumbai, India.
The company provides broking services and offers investment advisories to the clients to gain from the stock market opportunities and make a good relationship with all of them.
In this write-up, we will discuss Edelweiss brokerage charges, trading and delay services, trading platforms, products, services, advantages, disadvantages, exposure, and many other features.
Edelweiss Customer Review & Ratings
|Experience||8.3 / 10|
|Trading Platform||8.6 / 10|
|Product & Services||8.4 / 10|
|Brokerage Charges||9.0 / 10|
|Research||8.6 / 10|
|Overall Rating||8.64 / 10|
The table chart provided below gives the details about Edelweiss broking house:
|Broker Type||Full Service Broker|
The Edelweiss stock broking company is one of India’s substantial financial service providers. It offers a huge spectrum of financial services and products to all clients.
The Mumbai based financial service provider company, Edelweiss Broking Limited has a diversified customer base and it includes individuals, corporations, and institutions.
Its products and services are designed for various consumer segments and asset classes all over the country and global geographies.
The stockbroking company has a significant presence in substantial retail segments by its businesses, namely, housing finance, life insurance, mutual fund, retail financial markets, and stock markets.
The company held an asset base of around Rs in the previous year. 59,400 Cr. and generated revenue of Rs. 8,623 Cr.
Edelweiss is an ideal choice as the Best broker for trading and serve you, it has around 425 branches in 200 locations. Also, the team of 11,938 professionals has handled more than 12,00,000 clients since 2008.
Year on Year Edelweiss Company Overview
The Edelweiss stock broking company was established in 1995 and named Edelweiss Capital Limited.
- In March 2002, it started providing stockbroking services to institutional and private clients.
- In October 2005, the company raised its equity from the larger Pacific capital.
- In April 2006, the stockbroking group started offering financial and asset management services.
- In Dec 2007, it got registered in the stock exchange.
- In March 2008, expanded its business with commodities business.
- In March 2011, received Anagram Capital.
- In August 2011, started an insurance and retail finance business.
- In March 2015, the company acquired the Forefront and employees strength of 5,555.
- In March 2016, acquired JP Morgan AMC, and employees’ strength was 6,227.
- March 2018, acquired employees strength of 10,052.
Accolades Received by Edelweiss
The Edelweiss stockbroking has received several accolades in its journey. Some of them are listed below:
- In 2017, the company was awarded in BBC Knowledge, National Digital Marketing Awards for offering the best mobile application to the consumers.
- ABP BFSI Awards 2017, the stockbroking house received the award for optimizing mobile technology utilization in the finance category.
- 2016, Finance Asia Country Awards (Hong Kong), the broking house was rated at the “Best Broker” available in India.
- In 2016, the company again got the “Best Corporate Governance, India by England-based Capital Finance International Jury award.
- In 2015, the Edelweiss broking company received the award as the”Best Equity Broking House at Bombay Stock Exchange- in Bradstreet Equity Broking Awards function.
- In 2015, after analyzing the consumer survey report through the Economic Times, the company was listed as one of the Most “Promising Brands”available in India.
Throughout its journey, the company has won many other most promising, best discount broker, and best brokerage firm awards.
Open Demat Account with Edelweiss – Fill up the Form Now!
Edelweiss Brokerage Charges
Edelweiss Broking Ltd has two different types of Brokerage offerings to their clients:
|Brokerage Charge & Fees|
|Edelweiss Lite||Edelweiss Elite|
|Equity Delivery Trading||Rs.10 per Trade||0.300%|
|Equity Intraday Trading||Rs.10 per Trade||0.030%|
|Commodity Options Trading||NA||NA|
|Equity Futures Trading||Rs.10 per Trade||0.030%|
|Equity Options Trading||Rs.10 per Trade||Rs.75 per Lot|
|Currency Futures Trading||Rs.10 per Trade||0.02%|
|Currency Options Trading||Rs.10 per Trade||Rs.20 per Lot|
|Minimum Brokerage||Rs.10 per Trade||Percentage of Transaction|
|Demat AMC Charges||Free or Rs.300 per Annum||Free|
|Trading AMC Charges||Free||Free|
|Margin Money||75% Margin||75% Margin|
Edelweiss Lite Plan
The broking house has launched a new plan, i.e. Edelweiss Lite plan. It follows the discount brokerage model where a client can trade with a flat brokerage of Rs.10 per executed order across segments.
In this plan, the client will have to perform all the trading by himself; extra charges are available for Call & Trade, i.e. Rs.20 per call. Pay-in is also chargeable for Rs.10 per transfer.
For all Segments, Edelweiss Lite Plan offers Rs.10 per Trade.
Edelweiss Elite Plan
The Edelweiss Elite plan works on the model of full-service broking, where brokerage is charged based on a percentage of the transaction.
Rest all services like Call n Trade, Pay-in, Pay-out & other services are free. The charges levied by the company are based on the percentage of the transaction.
It charges 0.30% for equity delivery trading, 0.03% for equity intraday trading and equity futures trading, 0.02% for currency futures trading.
Apart from this, the company charges Rs.75 per lot on equity options trading and Rs.20 per lot on currency options trading.
Edelweiss Demat AMC is Free for 1st Year for both the plans. In the case of the Elite plan, it remains free, but in the case of the Lite Plan, AMC is charged Rs.300 per annum.
Also, the broking house asks for a minimum of 75% Margin as margin money for Elite Plan, but Lite Plan, Zero-Margin is available.
For a detailed calculation of brokerage & other charges, check out our Edelweiss Brokerage Calculator.
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The tables content given below is about the Edelweiss charges:
|SEBI Turnover Charges||0.00005% (Rs.5/Crore)|
|STT||Equity Delivery: 0.1% on both Buy and Sell|
Equity Intraday: 0.025% on the Sell Side
*Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|Stamp Duty||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|GST||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Margin Funding Charges||75% Margin|
|Reactivation Charges||Rs 20 per instruction|
|Account Closure Charges||NIL|
|Dematerialisation Charges||Rs 2.00 per certificate + Rs 20 for postage|
|Pledge Creation||Rs 6 per transaction+GST|
|Pledge Invocation||Rs 25 per transaction|
|Margin Pledge/Unpledge/ Pledge closure||Rs 25 per transaction|
|Margin Repledge||Rs 35 per ISIN|
Along with brokerage fees, the stockbroking firm levies other charges. The other charges levied by the company are minimal, which does not affect your investment portfolio and profit.
So, the broking house charges 0.00275% of total turnover as transaction charges, 0.0126% of total turnover as STT, 0.00005% of total turnover as SEBI turnover charges, stamp duty charges rely on the state, and 18% of brokerage + transaction charges are charged as GST.
DP Charges: They are levied as per Rs.20 per ISIN for the lite plan, and 0.02% of Value or Rs.20, whichever is higher within Edelweiss or 0.03% of Value or Rs.20 outside Edelweiss for Elite plan.
Pledge Charges: Lite plan has a ledge charge of Rs.6 per pledge. There are no pledge charges for elite plans.
Switching Charges: The switching charges become active when users shift from Edelweiss Elite to Lite plan.
Delayed Payment Interest: For the Lite plan, the delayed payment interest is 30%, while for the Elite plan, it is 24%.
Ancillary Charges: They are composed of many charges and are different for both plans. The charges are AMC charges, press charges, cheque charges, etc.
To know in detail, just click on this link Edelweiss Brokerage & Other Charges.
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Edelweiss Demat Account Opening Fees
The table chart below provides the complete details about Edelweiss account opening charges.
|Account Opening Charges|
|Trading Charges [One Time]||Rs 0 (Free)|
|Trading AMC [Yearly]||Rs 0|
|Demat Charges [One Time]||Rs 0 (Free)|
|Demat AMC [Yearly]||Rs 300 (1st Year Free)|
|Margin Money||75% Margin|
|Offline to Online||No|
Edelweiss is a well-known and comprehensive stockbroker available in India. It provides qualitative products and services to the customers at affordable prices.
The company doesn’t charge anything for demat account opening; it is Free. But, apart from that, it charges Rs.300 yearly for the Demat AMC after 1st year of account opening; 1st Year AMC is Free for Lite Plan, while for Elite Plan, all year AMC is Free.
It also takes margin money of 75% Margin from the customers for Elite Plan, but for Lite Plan, Margin is not required. Most importantly, It’s depository source is CDSL and NSDL.
To know in detail, just click on this link Edelweiss Demat Account.
How to open a Demat Account with Edelweiss?
Normally, a dematerialized account is really important to safeguard shares and stocks. It provides greater help at the time of trading. With this, customers can electronically protect their shares.
So if you are looking forward to opening up a demat account with Edelweiss stockbroking, follow the steps given below:
- To open up a demat account, you must fill up the Lead Form.
- After filling up, submit the form by clicking successfully on the submit icon.
- After submitting the demat form to the company, you will be required to upload your KYC credentials, including- age proof, address proof, aadhaar card, photograph, pan card, etc.
- Once you successfully submit the demat account opening form and mandatory KYC documents, the company executives will call you for the verification process.
- Once the verification is done, they will confirm the demat account opening and leave the login details in your email address.
After that, you will be able to use your account successfully.
Open Demat Account with Edelweiss – Fill up the Form Now!
Why open Edelweiss Trading Account?
Having a suitable trading account is necessary if you are looking forward to trading in the stock market or share market.
The trading account usually helps in trading conveniently in the stock market. However, the company does charge some fees for opening up a trading account and offers some seamless features.
Here are the benefits of opening up an Edelweiss trading account with the stock broking house:
- Edelweiss Lite plan is a major reason to start with Edelweiss @ Rs.10 per trade.
- It enables users to trade speedily and view all the top-level stocks.
- It offers two types of trading platforms to trade in the market. Its trading platforms are- terminal x3 and mobile trader.
- The company offers entire reports and services to the customers with a trading account for easy trading.
The table chart given below details the offers provided by the Edelweiss stockbroking house-
|Free Demat Account||Yes|
|Free Trading Account||Yes|
|Discount on Brokerage||Yes|
|Trading Happy Hours||No|
|Flexible Brokerage Plans||Yes|
|1 Month Brokerage Free||No|
|Zero Brokerage for Loss Making Trades||No|
Being a substantial stockbroker, it offers customized and convenient offers related to trading and investment to all of its customers.
Edelweiss is loaded with benefiting offers and schemes for customers which makes it a Top Discount Broker in India. The stockbroking company is good at providing customized products and services for the huge convenience of the customers.
It has gained huge popularity in the share market because of its qualitative offerings. Normally, the broking house provides designed trading offers to the customers to make long-term investment decisions with ease and flexibility.
Here is the quick list of offers provided by the company to all of its users or customers-
- Free Demat account
- Discount on brokerage
- Free Trading Account
- Referral offers
All the offers mentioned above usually help customers make a proper investment hierarchy to achieve financial goals and objectives easily.
With these offers, customers or users can have a good trading experience and make a robust investment portfolio. With Edelweiss, you can open your account with no charge, and the first year AMC is free too.
Edelweiss Products & Services
Edelweiss is one of the few broking brands that are very powerful in ethics. They are reluctant to innovate with services too much and thrive on the powerful mantra of dedicated customer service & powerful research.
The table chart given below provides the details of products offered by the broking house are as follows:
The comprehensive stockbroking company usually offers a wide range of trading and investment products to its customers at minimal brokerage rates.
The company believes in fulfilling customers’ needs to a great extent so that they can easily achieve their financial objectives and targets.
It offers a wide variety of financial products to achieve their financial goals easily. In addition, users can also receive huge assistance from the company to make appropriate financial decisions.
The broking house allows customers to trade online with affordable trading products.
Also, with qualitative trading products, the stockbroking company provide outstanding 24*7 support to all the users for huge convenience and satisfaction.
Users will surely experience seamless trading with the products of the broking house. The list of trading products offered by the company is given below:
- Equity trading
- Currency trading
- Mutual funds
The company offers the trading mentioned above products with final brokerage fees. The Edelweiss trading products are greatly used and also hold a good lifespan.
The products are customized based on the user’s needs and requirements. Moreover, the company also offers good seamless customer support for huge convenience. It makes trading very convenient and flexible.
Equity: Edelweiss Broking can be seen as a registered member of NSE and BSE and also allows the traders to trade in equity cash and intraday via an Edelweiss trading account.
Derivatives: Edelweiss broking offers the facility for trading in stock index and futures.
Currencies: Edelweiss offers you the complete facility to trade across many countries. In addition, they all offer many forex trading and currency tips to the users.
Mutual Funds: Edelweiss is the AMFI registered distributor of mutual funds offering the facility for investing in various mutual funds like ETFs, hybrid, debt, equity, and international funds.
Gold ETFs: Clients can invest in Gold or Index ETFs in Edelweiss.
IPOs: Edelweiss partners also offer you the dedicated platform for tracking the non-convertible debentures and Initial Public Offering. In addition, you can also stay updated with the developments and news about upcoming IPOs.
The table chart provided below is detailing about the services offered by the Edelweiss stockbroking house:
|3 in 1 Acount||No|
|Trading Exposure||Upto 5x|
The Edelweiss stockbroking company usually provides convenient and satisfactory services related to trading and investment to all of its customers.
Here is the quick list of services offered by the company to its users are listed below:
- Demat Services
- Trading Services
- Intraday Services
- IPO Services
- Stock Recommendations
- Robo Advisory
- Trading Institution
The broking house offers customers customized trading and investment services for satisfaction. It is known in the stock market for its trading services.
Usually, the company offers convenient PMS solutions to the customers for ease and flexibility. With PMS, customers can make a healthy investment decision and track the details of their investment portfolio.
The company offers qualitative and convenient trading and demat account opening services for a more seamless experience.
It also avails intraday and IPO services for the clients to easily trade in the stock market.
Apart from that, the company does provide robo advisory and stock recommendations for betterment. With all these services, customers can have a very seamless trading experience.
Edelweiss is the top-notch broking firm you should have on your search list if you are searching for any comprehensive stockbroker to have trading services.
In addition, it offers qualitative services to the customers for a better experience.
Credit: Edelweiss deals in retail and corporate credit services. Retail credit is based upon easing loans for individuals, rural and agri supply chains, and MSME.
Corporate credit aims to meet the financing requirement for corporates through their wide range of solutions to meet their investments and liquidity requirements.
Asset Management: Edelweiss have their offices in 12 different locations with strong teams having in-depth expertise in the asset management industry.
Wealth Management: They offer value propositions to the clients delivered by our financial experts and digital platforms.
Insurance: There are two types of insurance offered by Edelweiss, i.e. Life Insurance and General Insurance.
Life Insurance: Life Insurance was established in 2011 and is a joint venture between Tokio Marine Holding Inc. and Edelweiss financial services Ltd. It helps Indians to invest and prepare for their future.
General Insurance: It aims to bridge the gap between insurance and clients.
Knowing the client’s requirements, the products are relevant based on practical needs to help families.
Edelweiss Research & Advisory
The table chart provided below is detailing the research & advisory of the company:
|Research & Advisory|
|Company Stock Review||Yes|
|Free Stock Tips||No|
|Daily Market Review||Yes|
The Edelweiss stockbroking house is the best and most reliable one in India. Apart from products and services, it offers fundamental equity research, company, IPO, monthly, and weekly for huge satisfaction.
Along with reports, the broking house offers offline advisory, relationship manager support, daily market review, and company stock review for the betterment of clients.
Edelweiss Exposure/ Leverage
The table chart provided below is showing the details about the exposure of the company-
|Exposure / Leverage|
|Equity Intraday||Upto 5x|
The table chart provided below shows the details about the exposure of the company: The Edelweiss stock broker provides the highest leverage up to 5x, and the range differs as per selected stocks.
It is good at offering the highest leverage in equity intraday, equity delivery, equity futures, and commodities.
Edelweiss Margin Calculator will help you to calculate how much margin you will get if you invest or trade with Edelweiss.
How to transfer shares in Edelweiss from other Stock Brokers?
To start with the procedure, you need to login. First, enter the login id, and password sent on the email at the time of registration.
At the top, you will see an option for setting up the transaction tab, and the user should click on the same to proceed further. On clicking on the transaction tab, the user must select the execution date and then counter BO ID.
Now scroll down and tap on + sign for adding details for ISIN of the shares or security you intend to transfer. It will all come back to the previous screen where all the details appear, and then you can tap on OK to proceed ahead.
On confirmation, the user had to press the “commit” button for executing the transaction. On clicking on commit, the user will see a pop to enter the Pin updated as per the last login.
The collateral amount will reflect on the next trading day upon completing the process. The user can use them for margin or selling purposes.
Edelweiss Trading Platforms
Edelweiss’s retail broking arm has some very smart trading platforms to offer clients. Some of these trading platforms have won notable awards in the broking sector.
Let’s discuss their trading platforms & their features:
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Real time Updates||Yes|
|Online MF Buy||Yes|
|Multi Account Management||Yes|
Edelweiss is the most renowned and wide-ranging stockbroking firm available in the market. It offers qualitative trading platforms for fast and easy trading.
They usually offer trading services as per the needs of every customer. Their array of trading platforms is customized to cater to financial goals and needs.
The trading platforms offered by the stockbroking house are listed below:
Edelweiss TX3 Trading Terminal
Edelweiss TX3 Terminal is considered a widely used and convenient trading platform. It is a desktop-based trading platform that allows users to trade swiftly.
It is also good at providing qualitative analytics and charting as well. The trading platform is easily installable and accessible.
The features of terminal TX3 trading platforms are listed below:
- The trading platform only requires a good internet connection.
- This kind of trading platform can be accessed with windows, Mac, and any browser type.
- It provides real-time updates and allows users to track portfolio details anytime.
- Personalized advisory and stock tips are also provided.
- Multiple accounts can be managed with this trading platform.
Edelweiss Mobile Trader App
The broking house has also designed a mobile-based trading platform that can be accessed anytime and anywhere. Usually, mobile trading platforms excite Android and iOS users the most with their impressive features.
Edelweiss Mobile App allows users to trade conveniently in the stock market.
Features of the Mobile trading platform are as under-
- It is a user-friendly trading platform.
- Offers good speed during trading.
- Provide a better trading experience by providing handy trading features.
- This kind of mobile trading platform can be accessed with Android and iOS.
The above trading platforms are greatly convenient, useful, and satisfactory. Moreover, they usually offer quality-made services to all users.
Edelweiss Xtreme Trader:
By using Xtreme Trader, you can start trading in just 3 seconds. It offers its users an amazing interface to customize the look and run as required.
The short keys available will make your work easier. Instant calls allow the users not to miss any opportunity and ensure that research calls appear within a fraction of seconds of generating the report.
The Edelweiss official website serves as a platform for hosting a wide range of financial services and products to their client base.
In addition, the platform allows the clients to buy, sell and trade Edelweiss broking products and services as per their requirements.
Edelweiss Customer Support
The table content is detailing about the Edelweiss Customer Support-
|Toll Free Number||1800 102 3335|
Being India’s best and most renowned stockbroker, it offers good customer support to its customers. The company usually assists customers in online trading and offers 24*7 customer support.
Users can communicate with the company executives through email, and the company also provides chat support for betterment.
Apart from this, customers can call on the provided toll-free number to resolve all of their queries easily and quickly. Also, the company has 102 branches all over the country.
Users can visit the nearby branch of the company to resolve the queries.
The table chart provided below details the complaints received by the company last year-
|Complaints (Current Year)|
|Lodged in BSE||212|
|Resolvd in BSE||207|
|Lodged in NSE||133|
|Resolved in NSE||119|
Edelweiss is the most popular stock broking house available in the country. It provides customized trading services and products to all of its users and resolves the complaints lodged by the users quickly.
As per the table chart given above, the company resolves complaints quickly and instantly gives customers feedback. But it requires a quicker response to the customer for huge satisfaction.
With amazing advantages, Edelweiss stock broking also has some disadvantages, which are given below-
- The company charge fees for opening up a trading account.
- Does not provide flexibility in opening up a 3 in 1 account.
Edelweiss is the most popular and top-notch financial service provider established in India. It offers financial products and services to all investors and traders.
It has also designed various trading platforms to help customers invest easily in the share market or stock market. In addition, the broking house usually charges minimal brokerage fees, which are based on transactions.
Its offerings are normally based on consumers’ requirements and needs. The company usually believes in offering qualitative products to achieve its financial goals easily.
It also offers flat brokerage services @ Rs.10 per trade to the users for huge convenience and satisfaction.
If you are looking for any financial broker, visit Edelweiss. It is good at offering products and services as per the customers’ needs.
Edelweiss Review FAQs
Here is the list of FAQs related to the Edelweiss Review:
Is Edelweiss safe for trading?
Yes, new traders can rely on Edelweiss and start their journey using this stockbroker. They have many items to offer, and they do so in the most cost-effective manner.
As a result, they have managed to secure the interest of many clients till now, and they plan on a long way.
What is the brokerage of Edelweiss?
This stock broking house provides attractive deals and has 2 plans you can choose from. The Edelweiss lite plan is a flat Rs.10 per trade for all the segments.
For Edelweiss Elite, it is charged on a percentage basis. The rates are given in a table in this article.
How to open Edelweiss demat online?
Search for the “Open Demat Account” button on this page, which is present towards the bottom of the screen. You can now fill up the form, and then you will be redirected to the KYC process, and a company representative will follow up with you. Go through the KYC process to complete the verification process.
Can I invest in an IPO via Edelweiss?
Yes, there is a facility of IPO investment provided by Edelweiss. They have a simple and seamless process of investment, which can be done digitally.
So, you need to fill in the IPO investment form, but you must make yourself accustomed to the terms and conditions before investing.
What Leverage Does Edelweiss provide?
The stockbroker provides leveraging services for its clients. The clients can avail themselves of up to 5x leverage by investing in the intraday segment.
The next highest leverage facility for futures is 1x, commodities and options of up to 1x. The leverage provided for delivery is 1x.
Does Edelweiss have a trading App?
Yes, this stockbroker has included a mobile app in the list of online trading platforms it provides. Android and iOS users can avail of this service and place trade orders irrespective of their place.
This makes trading on the go easy.
How to contact Edelweiss customer care?
This stockbroker has as many as 102 branches to be reached via the offline source.
As for the online assistance, you can choose to go for email assistance, chat support, or even via calls as they have a toll-free number deployed for clients to reach out.
Does Edelweiss provide Research?
Yes, this stockbroker is indulged in research and advisory services to help their client with investment decisions. This great service is provided to newbie investors who need assistance with the most trending and profitable stocks.
Is Edelweiss good for Beginners?
Yes, the stockbroker results as a great investment option for beginners as they have two different brokerage plans. The clients can start trading as per their requirements.
Who Founded Edelweiss?
Edelweiss Group is an investment and financial services company of Rashesh Shah and Venkat Ramaswamy, founded in 1995.
The present chairman, Rashesh Shah, and Venkat Ramaswamy group are Rashesh Shah.