Edelweiss vs Interactive Brokers 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 Interactive Brokers
Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers: An Overview
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
Edelweiss vs Interactive Brokers Account Opening Charges: 2024
| Charge | Edelweiss | Interactive Brokers |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹500 p.a. (For 1st year: Free) | ₹0 |
Edelweiss vs Interactive Brokers Brokerage Charges and Plans : 2024
| Charge | Edelweiss | Interactive Brokers |
|---|---|---|
| Plan Name | Lite Plan | N/A |
| Equity Delivery | ₹10 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
| Equity Intraday | ₹10 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
| Equity Futures | ₹10 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
| Equity Options | ₹10 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
| Currency Futures | ₹10 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
| Currency Options | ₹10 per executed order | Minimum ₹6 and Upto ₹20 per executed order |
| Commodity Options | N/A | N/A |
| Mutual Fund | N/A | N/A |
Edelweiss vs Interactive Brokers Margin / Exposure: 2024
| Segment | Edelweiss | Interactive Brokers |
|---|---|---|
| Equity Delivery | Upto 10x | N/A |
| Equity Intraday | Upto 40x | N/A |
| Equity Future | 40x | N/A |
| Equity Options | Nil | N/A |
| Currency Future | 1.5x | N/A |
| Currency Options | Nil | N/A |
| Commodity Future | Upto 6x | N/A |
| Commodity Options | N/A | N/A |
Edelweiss vs Interactive Brokers Currency Charges and Plans: 2024
Other Comparisons of Edelweiss and Interactive Brokers
| Edelweiss | Interactive Brokers |
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