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.
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
Fyers Securities is a team of young, enthusiastic business people with over 10 years of trading and security industry experience. They are also associated with IL&FS Securities Services Limited for their demat account services and mutual fund services.
One interesting fact about this stock broker is that it pioneered a new method in investing stock called ‘Themed Investment’ providing the ability to invest in similar category of stocks. The closest similar practice would be with Exchange Traded Funds (ETFs). However, Thematic Investment offers more flexibility than ETFs, because the companies to invest in a particular theme are identified by the broker, even the community sometimes.
Based out of Bangalore, Karnataka, Fyers was launched in 2015, and in this limited time period, it has become one of the popular discount brokers in India. Found by Tejas Khoday, Shreyas Khodey & Yashas Khodey, FYERS is basically an acronym for ‘Focus Your
Charge | Edelweiss | Fyers |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹400 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹500 p.a. (For 1st year: Free) | ₹300 |
Charge | Edelweiss | Fyers |
---|---|---|
Plan Name | Lite Plan | Flat Fee Plan |
Equity Delivery | ₹10 per executed order | ₹0 |
Equity Intraday | ₹10 per executed order | ₹20 per executed order or 0.03% whichever is less |
Equity Futures | ₹10 per executed order | ₹20 per executed order or 0.03% whichever is less |
Equity Options | ₹10 per executed order | ₹20 per executed order |
Currency Futures | ₹10 per executed order | ₹20 per executed order or 0.03% whichever is less |
Currency Options | ₹10 per executed order | ₹20 per executed order |
Commodity Options | N/A | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order |
Mutual Fund | N/A | N/A |
Segment | Edelweiss | Fyers |
---|---|---|
Equity Delivery | Upto 10x | 1x |
Equity Intraday | Upto 40x | Upto 5x |
Equity Future | 40x | Upto 4x |
Equity Options | Nil | Upto 5x |
Currency Future | 1.5x | Upto 3x |
Currency Options | Nil | Upto 3x |
Commodity Future | Upto 6x | Upto 3x |
Commodity Options | N/A | Upto 3x |