Edelweiss vs Zerodha 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 Zerodha
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. 
Zerodha: Overview
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Edelweiss vs Zerodha Account Opening Charges: 2024
| Charge | Edelweiss | Zerodha |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹0 | ₹200 (Equity) + Rs.100 (Commodity) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Demat Account AMC | ₹500 p.a. (For 1st year: Free) | ₹300 per year |
Edelweiss vs Zerodha Brokerage Charges and Plans : 2024
| Charge | Edelweiss | Zerodha |
|---|---|---|
| Plan Name | Lite Plan | Flat Brokerage Plan |
| Equity Delivery | ₹10 per executed order | ₹0 (Free) |
| Equity Intraday | ₹10 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | ₹10 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹10 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | ₹10 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | ₹10 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | N/A | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Edelweiss vs Zerodha Margin / Exposure: 2024
| Segment | Edelweiss | Zerodha |
|---|---|---|
| Equity Delivery | Upto 10x | 1x (no margin) |
| Equity Intraday | Upto 40x | Up to 20x (based on the stock) |
| Equity Future | 40x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | Nil | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | 1.5x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | Nil | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | Upto 6x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | N/A | N/A |