Edelweiss vs Alice Blue Comparison: 2024

About Edelweiss

Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.

Edelweiss Broking Ltd: An Overview

Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that

About Alice Blue

A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.

Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.

Alice Blue: Overview

Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services

Edelweiss vs Alice Blue Account Opening Charges: 2024

ChargeEdelweissAlice Blue
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0Equity ₹310, MCX ₹200 & ₹500 All segments
Trading Account AMC₹0₹0
Demat Account AMC₹500 p.a. (For 1st year: Free)₹400

Edelweiss vs Alice Blue Brokerage Charges and Plans : 2024

ChargeEdelweissAlice Blue
Plan NameLite PlanFreedom 15 Plan
Equity Delivery₹10 per executed order₹0
Equity Intraday₹10 per executed order ₹15 per order or 0.01% whichever is lower
Equity Futures₹10 per executed order ₹15 per order or 0.01% whichever is lower
Equity Options₹10 per executed order₹15 per order
Currency Futures₹10 per executed order ₹15 per order or 0.01% whichever is lower
Currency Options₹10 per executed order₹15 per order
Commodity OptionsN/A Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order
Mutual FundN/AN/A

Edelweiss vs Alice Blue Margin / Exposure: 2024

SegmentEdelweissAlice Blue
Equity DeliveryUpto 10xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity IntradayUpto 40xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Future40xIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Future1.5xIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity FutureUpto 6xIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity OptionsN/AN/A

Edelweiss vs Alice Blue Currency Charges and Plans: 2024

Edelweiss charge ₹10 per executed order for Currency Futures and ₹10 per executed order for Currency Options whereas Alice Blue Charges ₹15 per order or 0.01% whichever is lower for Currency futures and ₹15 per order for Currency options.
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