Edelweiss Vs ICICI Direct
Edelweiss
Edelwiess is a full service Broker. Edelwiess Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Edelweiss Vs ICICI Direct - Broker Details
| Edelweiss | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1995 | 1995 |
| Exchanges | BSE, NSE and MCX | BSE and NSE. |
| Branches | 475+ | 250+ |
| Brokerage | Lite:- ₹10/Order | Elite:- 0.030% | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
Edelweiss Vs ICICI Direct - Account Opening & AMC Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Edelweiss Vs ICICI Direct - Brokerage charges & Plans
| Edelweiss | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | ₹20/ Order |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | ₹0.09% |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹20/ Order |
| Fixed Charges | ₹10/Order | ₹20/ Order |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Edelweiss Vs ICICI Direct - Other Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | Prime Plan: ₹900/- |
| Minimum Brokerage | Lite:- ₹10/Order | ₹20/ Order |
Edelweiss Vs ICICI Direct - Transaction Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Currency Options | NSE: ₹4000/Cr (0.04%) | BSE: NA | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (Each side) | NSE: 0.002% |
| Equity Intraday | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: ₹5000/Cr (0.05%) | BSE: ₹5000/Cr (0.05%) (Each side) | NSE: 0.053% |
| Commodity | NSE:- NA | BSE:- NA | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | 0.00345% trade on buy & sell |
Edelweiss Vs ICICI Direct - Margin (Exposure)
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Edelweiss Vs ICICI Direct - Features
| Edelweiss | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Edelweiss Vs ICICI Direct - Review & Rating
| Edelweiss | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Edelweiss Vs ICICI Direct - Request a call back from Broker
| Edelweiss | ICICI Direct | |
|---|---|---|
Edelweiss Vs ICICI Direct - Investment Options
| Edelweiss | ICICI Direct | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Edelweiss Vs ICICI Direct - Order Type
| Edelweiss | ICICI Direct | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Edelweiss Vs ICICI Direct - Research & Report
| Edelweiss | ICICI Direct | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Edelweiss Vs ICICI Direct - Daily Market Report
| Edelweiss | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
|
|
Edelweiss Vs ICICI Direct - Suitable For Investor
| Edelweiss | ICICI Direct | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Edelweiss Vs ICICI Direct - Pros & Cons
| Edelweiss | ICICI Direct | |
|---|---|---|
| Pros | 1. It is a full-service broker that offers various discount brokerage plan. 2. It provides the flat ₹10 per executed order brokerage across all trading segments. 3. It avails the customers with the free research, trading tips and recommendations. 4. It provides an instant paperless online account opening facility. 5. It provides excellent trading software that work smoothly on mobile and desktop. 6. It provides various online IPO investment services. 7. It provides high leverage facilities across the cash, F&O and the CDS segments. 8. It provides relationship managers and various add-on services such as PMS to its customers. | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. |
| Cons | 1.Customer service is not upto the mark, 2. It charges a high minimum brokerage as 3 paisa per share in delivery and 1 paisa per share on the Intraday and Futures. 3. It avails its customers with Call and Trade at an additional cost of ₹20 per call. 4. It charges ₹50 per month for the research calls and trading tips. | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. |
Edelweiss Vs ICICI Direct - Background
| Edelweiss | ICICI Direct | |
|---|---|---|
Edelweiss Vs ICICI Direct - Compare All Brokers
| Edelweiss | ICICI Direct | |
|---|---|---|
Edelweiss Vs ICICI Direct - STT/CTT
| Edelweiss | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Edelweiss Vs ICICI Direct - Demat transaction charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Edelweiss Vs ICICI Direct - GST
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Edelweiss Vs ICICI Direct - SEBI Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs ICICI Direct - Account Opening & AMC Charges
Edelweiss
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Edelweiss Vs ICICI Direct
| Edelweiss | ICICI Direct | |
|---|---|---|
Edelweiss Review | Brokerage Charges, Account OpeningEdelweiss trading limited is a full-service stock broker that was incorporated in the year 2008. It is Mumbai-based full-service stock-broking firm. Edelweiss online share trading is the part of renowned Edelweiss Group which was incorporated in 1995 and is a leading diversified financial service company. Ed .. + " Vs "+ ICICI Direct |
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
|
|
|
|
|
|
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Edelweiss Vs ICICI Direct - Brokerage charges & Plans
| Edelweiss | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | ₹20/ Order |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | ₹0.09% |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹20/ Order |
| Fixed Charges | ₹10/Order | ₹20/ Order |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
| Call Back Open Account |
Edelweiss Vs ICICI Direct - Margin (Exposure)
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Edelweiss Vs ICICI Direct - Other Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | Prime Plan: ₹900/- |
| Minimum Brokerage | Lite:- ₹10/Order | ₹20/ Order |
Edelweiss Vs ICICI Direct - STT/CTT
| Edelweiss | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Edelweiss Vs ICICI Direct - Demat transaction charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Edelweiss Vs ICICI Direct - GST
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Edelweiss Vs ICICI Direct - SEBI Charges
| Edelweiss | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs ICICI Direct - Features
| Edelweiss | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|