Edelweiss Vs INDmoney
Edelweiss
Edelwiess is a full service Broker. Edelwiess Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Edelweiss Vs INDmoney - Broker Details
| Edelweiss | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2019 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | 475+ | 966 |
| Brokerage | Lite:- ₹10/Order | Elite:- 0.030% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Edelweiss Vs INDmoney - Account Opening & AMC Charges
| Edelweiss | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Edelweiss Vs INDmoney - Brokerage charges & Plans
| Edelweiss | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | 0.05% or up to ₹20/Per Order |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | 0.05% or up to ₹20/Per Order |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹10/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | 0.05% or up to ₹20/Per Order |
Edelweiss Vs INDmoney - Other Charges
| Edelweiss | INDmoney | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Lite:- ₹10/Order | 0.05% or up to ₹20/Per Order |
Edelweiss Vs INDmoney - Transaction Charges
| Edelweiss | INDmoney | |
|---|---|---|
| Currency Options | NSE: ₹4000/Cr (0.04%) | BSE: NA | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (Each side) | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: ₹5000/Cr (0.05%) | BSE: ₹5000/Cr (0.05%) (Each side) | NSE: 0.053% on premium value |
| Commodity | NSE:- NA | BSE:- NA | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | NSE - 0.00325% | BSE- 0.00375% |
Edelweiss Vs INDmoney - Margin (Exposure)
| Edelweiss | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Edelweiss Vs INDmoney - Features
| Edelweiss | INDmoney | |
|---|---|---|
| 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 | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Edelweiss Vs INDmoney - Review & Rating
| Edelweiss | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Edelweiss Vs INDmoney - Request a call back from Broker
| Edelweiss | INDmoney | |
|---|---|---|
Edelweiss Vs INDmoney - Investment Options
| Edelweiss | INDmoney | |
|---|---|---|
| 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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Edelweiss Vs INDmoney - Order Type
| Edelweiss | INDmoney | |
|---|---|---|
| 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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Edelweiss Vs INDmoney - Research & Report
| Edelweiss | INDmoney | |
|---|---|---|
| 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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Edelweiss Vs INDmoney - Daily Market Report
| Edelweiss | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Edelweiss Vs INDmoney - Suitable For Investor
| Edelweiss | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Edelweiss Vs INDmoney - Pros & Cons
| Edelweiss | INDmoney | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1.Customer service is not upto the mark, 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Edelweiss Vs INDmoney - Background
| Edelweiss | INDmoney | |
|---|---|---|
Edelweiss Vs INDmoney - Compare All Brokers
| Edelweiss | INDmoney | |
|---|---|---|
Edelweiss Vs INDmoney - STT/CTT
| Edelweiss | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | N/A | 0.05% only on sell side |
Edelweiss Vs INDmoney - Demat transaction charges
| Edelweiss | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | ₹250/ per certificate |
Edelweiss Vs INDmoney - GST
| Edelweiss | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Edelweiss Vs INDmoney - SEBI Charges
| Edelweiss | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs INDmoney - Account Opening & AMC Charges
Edelweiss
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Edelweiss Vs INDmoney
| Edelweiss | INDmoney | |
|---|---|---|
Edelweiss Review | Brokerage Charges, Account OpeningEdelweiss trading limited is a full-service stock broker that was incorporated in the year 2008. It is Mumbai-based full-service stock-broking firm. Edelweiss online share trading is the part of renowned Edelweiss Group which was incorporated in 1995 and is a leading diversified financial service company. Ed .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Edelweiss Vs INDmoney - Brokerage charges & Plans
| Edelweiss | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | 0.05% or up to ₹20/Per Order |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | 0.05% or up to ₹20/Per Order |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹10/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | 0.05% or up to ₹20/Per Order |
Edelweiss Vs INDmoney - Margin (Exposure)
| Edelweiss | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Edelweiss Vs INDmoney - Other Charges
| Edelweiss | INDmoney | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Lite:- ₹10/Order | 0.05% or up to ₹20/Per Order |
Edelweiss Vs INDmoney - STT/CTT
| Edelweiss | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | N/A | 0.05% only on sell side |
Edelweiss Vs INDmoney - Demat transaction charges
| Edelweiss | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | ₹250/ per certificate |
Edelweiss Vs INDmoney - GST
| Edelweiss | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Edelweiss Vs INDmoney - SEBI Charges
| Edelweiss | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs INDmoney - Features
| Edelweiss | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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