Edelweiss vs Karvy Stock Broking Ltd. 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 Karvy Stock Broking Ltd.

Please note than as of Friday, 22 Nov, 2019, Karvy Stock Broking Ltd is barred by SEBI from taking on any new clients, after finding alleged client-related fraud. However, Karvy will still serve the existing client base. They can still trade and manage the existing client’s demat accounts, and still serve services like applying in IPOs, and still retain the option to close their account anytime, but opening up of new accounts is prohibited.

Karvy Stock Broking Ltd (KSBL), established in 1990, is a subsidiary of KARVY Group, who happen to be one of India's popular financial services company. The firm, being a full service broker, offers stock broking and research advisory services too.

Karvy Stock Broking: Overview

Karvy Stock Broking Ltd (KSBL) is based out of Hyderabad, and is the brokerage-subsidiary Karvy Group. The firm happens to be a registered member of BSE, NSE, MCX, and ICEX along with being a registered

Edelweiss vs Karvy Stock Broking Ltd. Account Opening Charges: 2024

ChargeEdelweissKarvy Stock Broking Ltd.
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)₹500 p.a. (For 1st year: Free)

Edelweiss vs Karvy Stock Broking Ltd. Brokerage Charges and Plans : 2024

ChargeEdelweissKarvy Stock Broking Ltd.
Plan NameLite PlanBasic Plan
Equity Delivery₹10 per executed order0.3%
Equity Intraday₹10 per executed order0.03%
Equity Futures₹10 per executed order0.03%
Equity Options₹10 per executed order₹50 per lot
Currency Futures₹10 per executed order0.03%
Currency Options₹10 per executed order₹50 per lot
Commodity OptionsN/A0.01% only on the sell side
Mutual FundN/AN/A

Edelweiss vs Karvy Stock Broking Ltd. Margin / Exposure: 2024

SegmentEdelweissKarvy Stock Broking Ltd.
Equity DeliveryUpto 10xUpto 5x
Equity IntradayUpto 40xUpto 20x
Equity Future40xUpto 4x
Equity OptionsNilUpto 4x for shorting
Currency Future1.5xNil
Currency OptionsNilNil
Commodity FutureUpto 6xUpto 4x
Commodity OptionsN/AN/A

Edelweiss vs Karvy Stock Broking Ltd. Currency Charges and Plans: 2024

Edelweiss charge ₹10 per executed order for Currency Futures and ₹10 per executed order for Currency Options whereas Karvy Stock Broking Ltd. Charges 0.03% for Currency futures and ₹50 per lot for Currency options.
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