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
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
Charge | Edelweiss | Upstox |
---|---|---|
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) |
Charge | Edelweiss | Upstox |
---|---|---|
Plan Name | Lite Plan | Basic |
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 Options | N/A | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Edelweiss | Upstox |
---|---|---|
Equity Delivery | Upto 10x | 1x (no margin) |
Equity Intraday | Upto 40x | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | 40x | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | Nil | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | 1.5x | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | Nil | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | Upto 6x | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | N/A | N/A |