Edelweiss vs Indiabulls 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 Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Edelweiss vs Indiabulls Account Opening Charges: 2024
| Charge | Edelweiss | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹500 p.a. (For 1st year: Free) | ₹450 |
Edelweiss vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Edelweiss | Indiabulls |
|---|---|---|
| Plan Name | Lite Plan | Equity Unlimited Trade Plan |
| Equity Delivery | ₹10 per executed order | ₹0 |
| Equity Intraday | ₹10 per executed order | ₹0 |
| Equity Futures | ₹10 per executed order | ₹15 per trade |
| Equity Options | ₹10 per executed order | ₹15 per trade |
| Currency Futures | ₹10 per executed order | ₹15 per trade |
| Currency Options | ₹10 per executed order | ₹15 per trade |
| Commodity Options | N/A | 0.03% |
| Mutual Fund | N/A | N/A |
Edelweiss vs Indiabulls Margin / Exposure: 2024
| Segment | Edelweiss | Indiabulls |
|---|---|---|
| Equity Delivery | Upto 10x | 1x (No margin) |
| Equity Intraday | Upto 40x | Upto 5x |
| Equity Future | 40x | Intra-day: 4x | Carry forward: 1x |
| Equity Options | Nil | Intra-day: 4x | Carry forward: 1x |
| Currency Future | 1.5x | Intra-day: 2x | Carry forward: 1x |
| Currency Options | Nil | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | Upto 6x | N/A |
| Commodity Options | N/A | N/A |