Edelweiss vs Finvasia 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 Finvasia

Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.

Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.

Finvasia: an overview

Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides

Edelweiss vs Finvasia Account Opening Charges: 2024

ChargeEdelweissFinvasia
Demat Account Opening Charges₹0₹0 (Free)
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹500 p.a. (For 1st year: Free)₹0 (Free)

Edelweiss vs Finvasia Brokerage Charges and Plans : 2024

ChargeEdelweissFinvasia
Plan NameLite PlanStandard
Equity Delivery₹10 per executed order₹0
Equity Intraday₹10 per executed order₹0
Equity Futures₹10 per executed order₹0
Equity Options₹10 per executed order₹0
Currency Futures₹10 per executed order₹0
Currency Options₹10 per executed order₹0
Commodity OptionsN/A₹0
Mutual FundN/AN/A

Edelweiss vs Finvasia Margin / Exposure: 2024

SegmentEdelweissFinvasia
Equity DeliveryUpto 10x1x
Equity IntradayUpto 40xUpto 10x
Equity Future40x2x
Equity OptionsNil1x
Currency Future1.5x1x
Currency OptionsNil1x
Commodity FutureUpto 6x2x
Commodity OptionsN/A1x

Edelweiss vs Finvasia Currency Charges and Plans: 2024

Edelweiss charge ₹10 per executed order for Currency Futures and ₹10 per executed order for Currency Options whereas Finvasia Charges ₹0 for Currency futures and ₹0 for Currency options.
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