Edelweiss Vs ICICI Direct
Edelweiss
Edelwiess is a full service Broker. Edelwiess Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Edelweiss Vs ICICI Direct - Broker Details
| Edelweiss | ICICI Direct | |
|---|---|---|
| Single Margin Facility | ||
| Year of Incorporation | 1995 | 1995 |
| Exchanges | BSE, NSE and MCX. | BSE and NSE. |
| Branches | 475+ | 250+ |
| Brokerage | Rs.10 or 0.300% | Prime Plan: ₹900 |
| Broker Type | Full service Broker | Full service Broker |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Account Opening & AMC Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | Rs.0 (Free) | Rs.0 (Free) |
| Demat Account Opening Charge | Rs.0 (Free) | Rs.0 (Free) |
| Demat Account AMC | ₹500 (1st Year fee) | ₹700 (From 2nd Year) |
| Trading Account AMC | Rs.0 (Free) | Rs.0 (Free) |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Brokerage charges & Plans
| Edelweiss | ICICI Direct | |
|---|---|---|
| Commodity Futures | Na | NA |
| Currency Futures | Lite: ₹10.00 / executed order; Elite: 0.020% | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 |
| Equity Delivery | Lite: ₹10.00 / executed order; Elite: 0.300% | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Equity Options | Lite: ₹10.000 / executed order; Elite: ₹75.000 / lot | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 |
| Commodity Options | Na | NA |
| Equity Futures | Lite: ₹10.00 / executed order; Elite: 0.030% | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% |
| Currency Options | Lite: ₹10.000 / executed order; Elite: ₹20.000 / lot | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 |
| Fixed Charges | ₹10/order | Prime Plan: ₹900 |
| Equity Intraday | Lite: ₹10.00 / executed order; Elite: 0.030% | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Other Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | - |
| API Charges | Does not provide API | |
| Call & Trade Charges | Rs.0 (free) | Rs.25/per order |
| Other Brokerage Charges | Lite: ₹10.00 | Prime Plan: ₹900 |
| Minimum Brokerage | Lite: ₹10.00 | Rs.20/order |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Transaction Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Currency Options | NSE: ₹4000 per cr. (0.04%) (on premium); BSE: NA | ₹5000 per Cr. (0.05) (On Premium) |
| Equity Futures | NSE: ₹190 per cr. (0.0019%); BSE: ₹190 per cr. (0.0019%) (Each side) | ₹180 per Cr (0.0018%) |
| Equity Intraday | NSE: ₹325 per cr. (0.00325%); BSE: ₹275 per cr. (0.00275%) (Each side) | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) |
| Equity Options | NSE: ₹5000 per cr. (0.05%); BSE: ₹5000 per cr. (0.05%) (Each side) | ₹5000 per Cr (0.05%) (On premium) |
| Commodity | NSE: NA; BSE: NA | NA |
| Currency Futures | NSE: ₹115 per cr. (0.00115%); BSE: ₹115 per cr. (0.00115%) (Each side) | ₹120 per Cr (0.0012%) |
| Equity Delivery | NSE: ₹325 per cr. (0.00325%); BSE: ₹275 per cr. (0.00275%) (Each side) | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Margin (Exposure)
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity Options | 2 times for shorting | |
| Equity Intraday | Up to 25 times | |
| Currency Options | NA | |
| Commodity Options | NA | |
| Commodity Futures | NA | |
| Equity Delivery | 5 times with Interest | |
| Currency Futures | NA | |
| Equity Futures | 4 times | |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Features
| Edelweiss | ICICI Direct | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | 3:15 | 3:30 PM |
| Trading Platform | 1. ODIN DIET, 2. NSE NOW, 3. Marwadi Trade Mobile App, | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Review & Rating
| Edelweiss | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Request a call back from Broker
| Edelweiss | ICICI Direct | |
|---|---|---|
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Investment Options
| Edelweiss | ICICI Direct | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Order Type
| Edelweiss | ICICI Direct | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW |
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| After Market Order(AMO) |
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| STBT |
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| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Research & Report
| Edelweiss | ICICI Direct | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Daily Market Report
| Edelweiss | ICICI Direct | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Suitable For Investor
| Edelweiss | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Pros & Cons
| Edelweiss | ICICI Direct | |
|---|---|---|
| Pros | 1. It is a full-service broker that offers various discount brokerage plan. 2. It provides the flat ₹10 per executed order brokerage across all trading segments. 3. It avails the customers with the free research, trading tips and recommendations. 4. It provides an instant paperless online account opening facility. 5. It provides excellent trading software that work smoothly on mobile and desktop. 6. It provides various online IPO investment services. 7. It provides high leverage facilities across the cash, F&O and the CDS segments. 8. It provides relationship managers and various add-on services such as PMS to its customers. | 1. It facilitates its customers by providing an integrated three-in-one account i.e. banking, broking and demat accounts. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. 5. The low bandwidth website is available for the slow internet connection or for the trading from various mobile devices. 6. By placing the VTC feature i.e. Valid till Cancelled, the customers can place buy or sell the limit orders that remains valid for 45 days. |
| Cons | 1. This broker does not allow to pull Bracket Order (BO) and Good-Till cancelled (GTC) orders. 2. It charges a high minimum brokerage as 3 paisa per share in delivery and 1 paisa per share on the Intraday and Futures. 3. It avails its customers with Call and Trade at an additional cost of ₹20 per call. 4. It charges ₹50 per month for the research calls and trading tips. | 1. The brokerage of ICICI direct is high and not negotiable. The brokerage can be brought down simply by subscribing to the ICICI direct prime or prepaid brokerage plans. 2. It does not offer commodity trading. With the ICICI Trading account the customers can’t trade at MCX or NCDEX. It offers several plans to introduce commodity trading in future. 3. The minimum brokerage as the standard I-Secure plan is ₹35 per trade that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹25 per call for the call and trader after first 20 free calls in a month. |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Background
| Edelweiss | ICICI Direct | |
|---|---|---|
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Compare All Brokers
| Edelweiss | ICICI Direct | |
|---|---|---|
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Account Opening & AMC Charges
Edelweiss
ICICI Direct
Trading Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account AMC
₹500 (1st Year fee)
₹700 (From 2nd Year)
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)
Edelweiss Vs ICICI Direct
| Edelweiss | ICICI Direct | |
|---|---|---|
Edelweiss NRI Account ReviewEdelweiss is a full-service stock broker that was incorporated in the year 2008. It is Mumbai-based full-service stock-broking firm. This company is the part of renowned Edelweiss Group which was incorporated in 1995 and is a leading diversified financial service company. Edelweiss broking offers and facilitates its customers .. + " Vs "+ ICICI Direct |
ICICI Direct NRI AccountICICI Direct is a full-service broker that avails its customer the service of retail trading and investment service from ICICI securities. ICICI Securities is the famous and largest stock broker in India. It was incorporated on 9 March, 1995 as ICICI Brokerage Services. The company offers a broad range of investment options to the retail and institutional customers.
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ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Edelweiss Vs ICICI Direct - Brokerage charges & Plans
| Edelweiss | ICICI Direct | |
|---|---|---|
| Commodity Futures | Na | NA |
| Currency Futures | Lite: ₹10.00 / executed order; Elite: 0.020% | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 |
| Equity Delivery | Lite: ₹10.00 / executed order; Elite: 0.300% | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Equity Options | Lite: ₹10.000 / executed order; Elite: ₹75.000 / lot | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 |
| Commodity Options | Na | NA |
| Equity Futures | Lite: ₹10.00 / executed order; Elite: 0.030% | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% |
| Currency Options | Lite: ₹10.000 / executed order; Elite: ₹20.000 / lot | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 |
| Fixed Charges | ₹10/order | Prime Plan: ₹900 |
| Equity Intraday | Lite: ₹10.00 / executed order; Elite: 0.030% | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Margin (Exposure)
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity Options | 2 times for shorting | |
| Equity Intraday | Up to 25 times | |
| Currency Options | NA | |
| Commodity Options | NA | |
| Commodity Futures | NA | |
| Equity Delivery | 5 times with Interest | |
| Currency Futures | NA | |
| Equity Futures | 4 times | |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Other Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | - |
| API Charges | Does not provide API | |
| Call & Trade Charges | Rs.0 (free) | Rs.25/per order |
| Other Brokerage Charges | Lite: ₹10.00 | Prime Plan: ₹900 |
| Minimum Brokerage | Lite: ₹10.00 | Rs.20/order |
| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |
Edelweiss Vs ICICI Direct - Features
| Edelweiss | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | 3:15 | 3:30 PM |
| Trading Platform | 1. ODIN DIET, 2. NSE NOW, 3. Marwadi Trade Mobile App, | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with Edelweiss Open Account | Enquiry with ICICI Direct Open Account |