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Edelweiss vs Groww (Compare Edelweiss and Groww)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Edelweiss vs Groww, Below comparison of Edelweiss vs Groww highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Edelweiss vs Groww is given below:

Edelweiss Groww
About The Brokers
Edelweiss :

"Edelweiss is one of the best brokerage houses that not just offers broking services but also offers you advisory and research facilities at extremely competitive pric   >>> more

Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> more

Find More Information about the Broker :
Edelweiss :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Type of Broker
Edelweiss :
 Full Service Broker
Groww :
 Discount Broker
Promo/offers
Edelweiss :
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
Groww :
N/A
Advantage
Edelweiss :
  • Security of your investment & money.
  • Top class customer service
  • Award-winning research services
  • Different brokerage plans for the different type of clients
  • Flat Rs 10 per executed order brokerage across the trading segments.
  • Facility to open Instant paperless online account.
  • Online IPO investment
  • Relationship managers and add-on services like PMS are available
  • Free call & trade services for Edelweiss Elite Plan subscribers.
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in gold etfs, SGBs & gold funds
Disadvantage
Edelweiss :
  • Bracket orders and Good-Till canceled (GTC) orders are not available.
  • No 3-in-1 account facility available
  • Call & Trade is available at an additional cost of ₹ 20 per call.
  • ₹ 50 per month for research calls and trading tips.
  • High DP charges compared to other brokers..
Groww :
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facility
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
Why This
Edelweiss :
  • Edelweiss Broking Limited is full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs of gulf country.
  • Award Winning Research and user-friendly trading platforms.
  • They are versatile and provide the different broke plan to different types of clients.
  • Edelweiss despite being a Full-service broker offer both discount & Full-service brokerage plans.
  • Provide their services to Indians as well as NRIs and is very famous in Gulf countries.
  • Wide offline presence through branches and franchises makes it easy for customers.
  • Highly competitive brokerage plan as flat fee of ₹10 per order is comparatively cheaper than Zerodha, SAMCO and Upstox brokerage plan of ₹ 20/per order.
  • Multiple trading platforms - Edelweiss Mobile Trader, Edelweiss Terminal X3 and Edelweiss.in.
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks
Open Account

Edelweiss vs Groww Account Opening & AMC Charges

Edelweiss Trading Account Opening Fee is Rs 0 (Free) and Groww Trading Account Opening Fee is Rs 0 . Edelweiss Demat Account AMC is Rs 500 (1st Year Free) and Groww Demat Account AMC is Rs 0 .

Edelweiss Groww
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 500 (1st Year Free)

Demat Account AMC :

Rs 0

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0


Edelweiss vs Groww Brokerage Charges

Edelweiss Brokerage Charges Equity Delivery is Rs 10 per executed order and Equity Intraday is Rs 10 per executed order and Equity Options is Rs 10 per executed order . Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

Edelweiss Groww
Plan Name Plan Name :

Edelweiss Lite

Plan Name :

Edelweiss Elite

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

Rs 10 per executed order

Equity Delivery :

0.30%

Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday Equity Intraday :

Rs 10 per executed order

Equity Intraday :

0.03%

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

Rs 10 per executed order

Equity Future :

0.03%

Equity Future :

Rs 20 per executed order

Equity Options Equity Options :

Rs 10 per executed order

Equity Options :

Rs 75 per lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 10 per executed order

Currency Futures :

0.02%

Currency Futures :

NA

Currency Options Currency Options :

Rs 10 per executed order

Currency Options :

Rs 20 per lot

Currency Options :

NA

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures : - Commodity Futures : - Commodity Futures :

NA

Commodity Options Commodity Options : - Commodity Options : - Commodity Options :

NA


Edelweiss vs Groww Exchange Transaction Charges

Edelweiss Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) . Groww Exchange Transaction Charges Equity Future is NSE: 002% and Equity Options is NSE: 0.053% on premium .

Edelweiss Groww
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)

Equity Future :

NSE: 002%

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)

Equity Options :

NSE: 0.053% on premium

Currency Futures * Currency Futures :

NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)

Currency Futures :

NA

Currency Options Currency Options :

Rs 4000 per Cr (0.04%) (on premium)

Currency Options :

NA

Commodity Commodity : - Commodity :

NA


Edelweiss vs Groww Other Charges

Edelweiss Minimum Brokerage is 0.03% Equity delivery, 0.01% Intra-day and Futures and Call & Trade is Rs 20 per call . Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA .

Edelweiss Groww
Minimum Brokerage Minimum Brokerage :

0.03% Equity delivery, 0.01% Intra-day and Futures

Minimum Brokerage :

Rs 20 or 0.05% per executed order

Call & Trade Call & Trade :

Rs 20 per call

Call & Trade :

NA

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

Other Miscellaneous Charges Other Miscellaneous Charges :

Margin Funding: 0.08%/day, Research: Rs 50 per month,

Other Miscellaneous Charges :

Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50


Edelweiss vs Groww Features

Edelweiss and Groww both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Edelweiss Groww
Trading Platform Trading Platform :

Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress

Trading Platform :

Groww

Placing orders through charts Placing orders through charts : - Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

Yes

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

No


Edelweiss vs Groww Demat Account Charges

A comparative table of various demat account charges between Edelweiss and Groww is below:

Edelweiss Groww
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0 (Free)

Account Opening Fee :

Rs 0 (Free)

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Rs 0

AMC AMC :

Rs 500 per year (1st year free)

AMC :

Rs 0 (Free)

Dematerialisation Charges Dematerialisation Charges :

Rs 2 per certificate + Rs 30 for postage

Dematerialisation Charges :

Rs 150 per certificate + courier charges

Rematerialisation Charges Rematerialisation Charges :

Rs 10 per 100 securities or part thereof (Subject to minimum of Rs 10 per request) + Rs 30 for postage

Rematerialisation Charges :

Rs 150 per certificate + courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

0.02% of the transaction value or Rs 20 per transaction, whichever is higher

Transaction Charges (debit) :

Rs 8 + Rs 5.50 (CDSL Charges) per ISIN

Pledge Creation Charges Pledge Creation Charges :

0.02% of the transaction value or Rs 50 per transaction, whichever is higher

Pledge Creation Charges :

Rs 20 + Rs 12 per request (CDSL Charges)

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges :

0.02% of the transaction value or Rs 25 per transaction, whichever is higher

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Nil

Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges :

Account Closing: Nil

Other Charges :

KYC Modification: Rs 50


Edelweiss vs Groww Basic Details

Edelweiss Year of Incorporation is 2002 and Total Number of Clients is 201574 and Total Number of Branches is 237 . Groww Year of Incorporation is 2016 and Total Number of Clients is 4268383 and .

Edelweiss Groww
Year of Incorporation Year of Incorporation :

2002

Year of Incorporation :

2016

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE and BSE

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : www.edelweiss.in Website : https://groww.in/
Contact Details Contact Details :

1800-102-3335

Contact Details : -
Total Number of Clients Total Number of Clients :

201,574

Total Number of Clients :

4,268,383

Total Number of Branches Total Number of Branches :

237

Total Number of Branches : -
Products * Products : - Products :

GROWW MOBILE APP


Edelweiss vs Groww Orders

Orders

Edelweiss Groww
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

No


Edelweiss vs Groww Research and Advice / Trading Tips

Research and Advice / Trading Tips

Edelweiss Groww
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

No

Comparison * Comparison : - Comparison :

No

Free Tips * Free Tips :

Yes

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research : - ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No


Edelweiss vs Groww Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Edelweiss Groww
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

NA

Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs 3 to 5 lakh

Investment required for Franchisee / AP :

NA


Edelweiss vs Groww Product & Services

Edelweiss and Groww both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Edelweiss Groww
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

Call in Trade * Call in Trade : - Call in Trade :

NA

Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges :

Yes

Limit Order * Limit Order : - Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

No

NRI Services :

No

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

No

IPO Investment * IPO Investment : - IPO Investment :

YES

Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis :

NO

Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

No

Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator : - Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

No

Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading :

No

Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading :

No

Market Trading * Market Trading : - Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No


Edelweiss vs Groww Customer Services

Edelweiss and Groww both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Edelweiss Groww
Toll Free Number * Toll Free Number : - Toll Free Number :

No

Live Chat Facility * Live Chat Facility : - Live Chat Facility :

No

Email Facility * Email Facility : - Email Facility :

Yes

Branch Offices * Branch Offices : - Branch Offices :

No

Customer Care * Customer Care : - Customer Care :

No

Community Service * Community Service : - Community Service :

No

Relationship Manager * Relationship Manager : - Relationship Manager :

No

24/7 Support * 24/7 Support : - 24/7 Support :

No


Edelweiss vs Groww Other Investement

Edelweiss and Groww both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Edelweiss Groww
Commodity Trading * Commodity Trading : - Commodity Trading :

No

Investment in ETFs * Investment in ETFs : - Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds : - Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services : - Insurance Services :

No

Banking Services * Banking Services : - Banking Services :

No


Edelweiss vs Groww Trading Platform

Edelweiss and Groww both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Edelweiss Groww
Web Platform * Web Platform : - Web Platform :

Yes

Android Mobile App * Android Mobile App : - Android Mobile App :

Yes

Desktop Windows * Desktop Windows : - Desktop Windows :

No

Desktop Mac * Desktop Mac : - Desktop Mac :

No

I-Pad App * I-Pad App : - I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

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