Edelweiss vs Upstox 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 Upstox

Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.

Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of  Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.

Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell

Edelweiss vs Upstox Account Opening Charges: 2024

ChargeEdelweissUpstox
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹249
Trading Account AMC₹0₹0
Demat Account AMC₹500 p.a. (For 1st year: Free)₹300 per year (paid monthly)

Edelweiss vs Upstox Brokerage Charges and Plans : 2024

ChargeEdelweissUpstox
Plan NameLite PlanBasic
Equity Delivery₹10 per executed order₹0 (FREE)
Equity Intraday₹10 per executed order₹20 per trade or 0.05% (whichever is lower)
Equity Futures₹10 per executed order₹20 per trade or 0.05% (whichever is lower)
Equity Options₹10 per executed order₹20 per trade or 0.05% (whichever is lower)
Currency Futures₹10 per executed order₹20 per trade or 0.05% (whichever is lower)
Currency Options₹10 per executed order₹20 per trade or 0.05% (whichever is lower)
Commodity OptionsN/A₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

Edelweiss vs Upstox Margin / Exposure: 2024

SegmentEdelweissUpstox
Equity DeliveryUpto 10x1x (no margin)
Equity IntradayUpto 40xBasic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity Future40xBasic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity OptionsNilBasic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency Future1.5xBasic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency OptionsNilBasic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity FutureUpto 6xBasic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity OptionsN/AN/A

Edelweiss vs Upstox Currency Charges and Plans: 2024

Edelweiss charge ₹10 per executed order for Currency Futures and ₹10 per executed order for Currency Options whereas Upstox Charges ₹20 per trade or 0.05% (whichever is lower) for Currency futures and ₹20 per trade or 0.05% (whichever is lower) for Currency options.
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