Edelweiss Broking currently has more than 12,00,000+ customer accounts & over more than Over Rs. 59,400Cr. asset base. The stock broking firm has a presence of around 200 locations of the country with 475 offices all over India. Below is some important list of the Edelweiss Broking Account Opening Process.
Edelweiss Broking is a full-service broker and currently, this stock broking firm has more than 11,938 people in the team. In 2017 Edelweiss awarded the “BBC Knowledge, National Digital Marketing Award 2017“.
Brokerage Charges Comparison
| Segments | Edelweiss Lite Plan | Edelweiss Elite Plan |
| Equity Delivery | Rs.10.00 per executed order. | 0.300% on transaction value |
| Equity Intraday | Rs.10.00 per executed order. | 0.030% on transaction value |
| Equity Options | Rs.10.00 per executed order. | 0.030% on premium |
| Equity Futures | Rs.10.00 per executed order. | Rs.75.000 per lot. |
| Currency Futures | Rs.10.00 per executed order. | 0.020% |
| Currency Options | Rs.10.00 per executed order. | Rs.20.000 per lot |
Key Features Comparison
| Edelweiss Lite Plan | Edelweiss Elite Plan |
| Low brokerage: Just Rs.10 per order flat brokerage charges. | Includes features of Lite brokerage plan without any extra charges |
| F&O, intraday trades against collateral as well as cash. | Relationship manager for every subscriber. |
| Absolute No hidden charges. | Exclusive products Assecess |
| Customized Margin | |
| Portfolio Management and proactive advice. | |
| No charges for call & Trade service |
Other Charges
| Features | Edelweiss Lite Plan | Edelweiss Elite Plan |
| Margin or Leverage | 1. Cash + Stock Margin (50% Cash or 50% Stock) 2. FNO: 0.08% per day charges if 50% of cash is not maintained. | 1. Cash + Stock Margin 2. FNO: Rs.0 charges for full stock margin. |
| Delayed Payment Interest for Normal | 0.08% per day | 0.06% per day |
| Delayed Payment Interest for MTF | 0.08% per day | 0.06% per day |
| Switching Charges (Only 2 switches permitted) | Rs.0 (switching to Elite) | Rs.2500 (switching to Lite) |
Manual Support Comparison
| Service | Edelweiss Lite Plan | Edelweiss Elite Plan |
| Call & Trade (Trading, Advisory ) | Rs.20 per Call | NIL |
| Relationship Manager | NA | NIL |
| Advisor | NA | NIL |
| Trades Assistants | NA | NIL |
Tools & Features
| Tools | Edelweiss Lite Plan | Edelweiss Elite Plan |
| Auto Collateral | Rs.0 | Rs.0 |
| Standard Tools (Watchlist, Screeners, Alerts etc.) | Rs.0 | Rs.0 |
| Advanced Charting | Rs.0 | Rs.0 |
| Market Details | Rs.0 | Rs.0 |
| Research | Rs.50 per month | Rs.0 |
| News (Live, Info) | Rs.0 | Rs.0 |
| Content | Rs.0 | Rs.0 |
| Notifications (Whatsapp) | Rs.50 per month | Rs.0 |
| Portfolio Organizer | Rs.0 | Rs.0 |
| Portfolio Optimizer | Rs.100 / Request | Rs.0 |
| Guided Portfolios | Rs.0 | Rs.0 |
| Investology | Rs.100 / course | Rs.0 |
Ancillary Charges
| Services | Edelweiss Lite Plan | Edelweiss Elite Plan |
| DP AMC | 1st Year Free Per post Rs.300 per annum | Rs.0 |
| DP Fees (Trf Out / Sell) / Inter-settlement Fees | Rs. 15 flat per ISIN | 0.02% of Value or ₹20 whichever is higher within Edelweiss OR 0.03% of Value or ₹20 outside Edelweiss |
| Payin | Rs. 10 per transfer | Rs.0 |
| Payout | Rs.0 | Rs.0 |
| Physical CML Request | 1st Free per Additional Rs.120 | Rs.0 |
| Physical Contract Notes | Rs. 50 per note | Rs.0 |
| Cheque payment | Rs. 500 per cheque | Rs.0 |
| Pledge Charges | Rs. 60 per pledge | Rs.0 |
| Physical Statement Charges (Ledger, PNL, Tax etc.) | Rs.50 per note | Rs.0 |
Note:
*Edelweiss Lite plan 0.01% will be considered as the brokerage if Rs.10 brokerage value is not generated and it is applicable on equity cash & future order.
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