Edelweiss vs IIFL (Compare Edelweiss vs IIFL)

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 IIFL, Below comparison of Edelweiss vs IIFL 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.

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

Edelweiss

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IIFL

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	Edelweiss	IIFL

About The Brokers	Edelweiss : "Edelweiss group, being the reputed name in the industry, is always preferred for choosing as your broker however with the new entrants they ha >>> more	IIFL : "IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you >>> more
Find More Information about the Broker :	Edelweiss : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Edelweiss : Full Service Broker	IIFL : Full Service Broker
Promo/offers	Edelweiss : Special Offer: Flat Brokerage of ₹10/ executed order across all segments Including Equity Delivery, Intraday, F&O, and Currency F&O. Get the offer	IIFL : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades.Get the offer
Pros	Edelweiss : Security of your investment & money. Top class customer service Award-winning research services Different brokerage plans for the different type of clients Free Call & Trade Facility	IIFL : Offer online IPO and Equity SIP 1900+ branches all over India & have a global presence Trading facility to NRIs is provided Provide multiple broking plans IIFL Trade terminal is one of the best trading terminal in India Offer Commodity Trading & Investment facility in Mutual funds & IPO
Cons	Edelweiss : No online IPO service available Very high account opening charges. No 3-in-1 account facility available	IIFL : Scope improvement is there in customer support. Provides only 2-in-1 account facility Less transparency in brokerage plans High brokerage. Minimum Brokerage charges
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. Equity delivery trading is free. Provide their services to Indians as well as NRIs and is very famous in Gulf countries.	IIFL : Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world. Provide IPO service and equity SIP also Amongst top 10 stock brokers in India Best rated mobile Trading Platforms with >1.9m download. Have branches all over India. Approx 1900+ Branches They provide multiple brokerage plans All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Offer NRI Trading.

Edelweiss vs IIFL Account Opening & AMC Charges

Edelweiss Trading Account Opening Fee is ₹750 and IIFL Trading Account Opening Fee is ₹750 . Edelweiss Demat Account AMC is ₹0 (₹300 from 2nd year) and IIFL Demat Account AMC is ₹400 per year .

	Edelweiss	IIFL
Trading Account Opening Fee	Trading Account Opening Fee : ₹750	Trading Account Opening Fee : ₹750
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹0 (₹300 from 2nd year)	Demat Account AMC : ₹400 per year
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

Edelweiss vs IIFL Brokerage Charges

Edelweiss Brokerage Charges Equity Delivery is ₹10 or 0.01% whichever lower and Equity Intraday is ₹10 or 0.01% whichever lower and Equity Options is ₹10.00 / executed order . IIFL Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is 1% of Premium or ₹100 per lot, whichever is high .

	Edelweiss	IIFL
Plan Name	Plan Name : Edelweiss Lite	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : ₹10 or 0.01% whichever lower	Equity Delivery : 0.50%
Equity Intraday	Equity Intraday : ₹10 or 0.01% whichever lower	Equity Intraday : 0.05%
Equity Future	Equity Future : ₹10 or 0.01% whichever lower	Equity Future : 0.05%
Equity Options	Equity Options : ₹10.00 / executed order	Equity Options : 1% of Premium or ₹100 per lot, whichever is high
Currency Futures	Currency Futures : ₹10 or 0.01% whichever lower	Currency Futures : 0.05%
Currency Options	Currency Options : ₹10.00 / executed order	Currency Options : 1% of Premium or ₹100 per lot, whichever is high
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading :
Commodity Futures	Commodity Futures : -	Commodity Futures : 0.05%
Commodity Options	Commodity Options : -	Commodity Options : 1% of Premium or ₹100 per lot, whichever is high

Edelweiss vs IIFL Transaction Charges (Per Crore)

Edelweiss Transaction Charges (Per Crore) Equity Future is NSE ₹190 | BSE ₹190 and Equity Options is NSE ₹5000 | BSE ₹5000 . IIFL Transaction Charges (Per Crore) Equity Future is 0.0021% and Equity Options is 0.051% on premium .

	Edelweiss	IIFL
Equity Delivery	Equity Delivery : NSE ₹325 \| BSE ₹275	Equity Delivery : 0.00325%
Equity Intraday	Equity Intraday : NSE ₹325 \| BSE ₹275	Equity Intraday : 0.00325%
Equity Future *	Equity Future : NSE ₹190 \| BSE ₹190	Equity Future : 0.0021%
Equity Options *	Equity Options : NSE ₹5000 \| BSE ₹5000	Equity Options : 0.051% on premium
Currency Futures *	Currency Futures : NSE ₹115 \| BSE ₹115	Currency Futures : 0.0021%
Currency Options	Currency Options : ₹4000	Currency Options : 0.051% on premium
Commodity	Commodity : -	Commodity : 0.0028%

Edelweiss vs IIFL Other Charges

Edelweiss Minimum Brokerage is ₹10 or 0.01% whichever lower and Call & Trade is ₹20 . IIFL Minimum Brokerage is ₹0.05 per share (₹25 Min) and Call & Trade is ₹50 per call .

	Edelweiss	IIFL
Minimum Brokerage	Minimum Brokerage : ₹10 or 0.01% whichever lower	Minimum Brokerage : ₹0.05 per share (₹25 Min)
Call & Trade	Call & Trade : ₹20	Call & Trade : ₹50 per call
Stamp Duty *	Stamp Duty : Depends on state	Stamp Duty : Charges as per the state of residence
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Advisory SMS - ₹50 per month

Edelweiss vs IIFL Features

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

	Edelweiss	IIFL
Trading Platform	Trading Platform : Edelweiss Mobile Trader, Trading Website and TX3 Trading Terminal	Trading Platform : Trader terminal and IIFL Markets App
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : No
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : 0
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Market mantra, IIFL calls, Loyalty points
Referral Program	Referral Program : -	Referral Program : 0
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : -	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : -	Margin Against Shares (Equity F&O) : No

Edelweiss vs IIFL Demat Account Charges

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

	Edelweiss	IIFL
Depository Service Provider	Depository Service Provider : NSDL	Depository Service Provider : CDSL and NSDL
Account Opening Fee	Account Opening Fee : ₹0	Account Opening Fee : ₹750
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Nil
AMC	AMC : ₹0 (₹300 2nd year onward)	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : ₹2 per certificate + ₹30 for postage	Dematerialisation Charges : ₹15 per certificate + ₹40 as postal charges
Rematerialisation Charges	Rematerialisation Charges : ₹10 per 100 securities+ ₹30 for postage	Rematerialisation Charges : ₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : 0.05% (Min ₹15 and max ₹100)
Pledge Creation Charges	Pledge Creation Charges : ₹50 per transaction	Pledge Creation Charges : ₹50
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹50 per transaction	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : ₹25 per transaction	Pledge Invocation Charges : Nil
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : -	Other Charges : Nil

Edelweiss vs IIFL Basic Details

Edelweiss Year of Incorporation is 2008 and Total Number of Clients is 122,784 and Total Number of Branches is 475+ . IIFL Year of Incorporation is 1996 and Total Number of Clients is 2,30,000+ and Total Number of Branches is 900 .

	Edelweiss	IIFL
Year of Incorporation	Year of Incorporation : 2008	Year of Incorporation : 1996
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX
Demat Services	Demat Services : NSDL	Demat Services : Yes
Website	Website : www.edelweiss.in	Website : https://www.indiainfoline.com
Contact Details	Contact Details : 1800-102-3335	Contact Details : 022-400710000
Total Number of Clients	Total Number of Clients : 122,784	Total Number of Clients : 2,30,000+
Total Number of Branches	Total Number of Branches : 475+	Total Number of Branches : 900
Products *	Products : -	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking

Edelweiss vs IIFL Charts and Data

Edelweiss and IIFL both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Edelweiss	IIFL
Live data source	Live data source : NSE, BSE	Live data source : Yes
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : -	Multi-Chart Setup : No
No.of indicators	No.of indicators : 30+	No.of indicators : 99
No.of charts can be opened	No.of charts can be opened : 17+	No.of charts can be opened : 1
Live Scanners	Live Scanners : Yes	Live Scanners : No
Customizable screeners	Customizable screeners : Yes	Customizable screeners : No
Trading from charts	Trading from charts : -	Trading from charts : No
Compare Symbol performance on Chart	Compare Symbol performance on Chart : -	Compare Symbol performance on Chart : No
Options charts	Options charts : -	Options charts : Yes
Continuous futures charts	Continuous futures charts : -	Continuous futures charts : Yes
Intraday historical data for charts	Intraday historical data for charts : 1 year	Intraday historical data for charts : 20 days
End of Day historical data for charts	End of Day historical data for charts : 10 years	End of Day historical data for charts : 10 years
Corporate action adjusted charts	Corporate action adjusted charts : Yes	Corporate action adjusted charts : No
Back Testing	Back Testing : Yes	Back Testing : No
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : -	Analytics : No
Price Ladder	Price Ladder : -	Price Ladder : No

Edelweiss vs IIFL Leverage

Leverage

	Edelweiss	IIFL
Equity Delivery	Equity Delivery : -	Equity Delivery : Upto 3x (18% Annual Interest)
Equity Intraday	Equity Intraday : -	Equity Intraday : Upto 20x
Equity Futures	Equity Futures : -	Equity Futures : Upto 3x
Equity Options	Equity Options : -	Equity Options : 3x for shorting
Currency Futures	Currency Futures : -	Currency Futures : Upto 2x
Currency Options	Currency Options : -	Currency Options : 2x for shorting
Commodity Futures	Commodity Futures : -	Commodity Futures : Upto 3x
Commodity Options	Commodity Options : -	Commodity Options :

Edelweiss vs IIFL Orders

Orders

	Edelweiss	IIFL
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : -	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : -	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : -	Good Till Cancelled (GTC) : Yes

Edelweiss vs IIFL Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Edelweiss	IIFL
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : Yes
Comparison *	Comparison : -	Comparison : Yes
Free Tips *	Free Tips : -	Free Tips : Yes
Daily Market report *	Daily Market report : -	Daily Market report : Yes
ETF research *	ETF research : -	ETF research : Yes
Quarterly Results *	Quarterly Results : -	Quarterly Results : Yes

Edelweiss vs IIFL Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Edelweiss	IIFL
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs 3 to 5 lakh	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000

Edelweiss vs IIFL Product & Services

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

	Edelweiss	IIFL
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : Yes
Call in Trade *	Call in Trade : -	Call in Trade : Yes
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 : -	NRI Services : Yes
SMS Alerts *	SMS Alerts : -	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : -	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : -	Margin Calculator : No
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 : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : Yes
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 IIFL Customer Services

Edelweiss and IIFL 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	IIFL
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 : Yes
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : -	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : No

Edelweiss vs IIFL Other Investement

Edelweiss and IIFL 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	IIFL
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
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 : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : -	Insurance Services : Yes
Banking Services *	Banking Services : -	Banking Services : No

Edelweiss vs IIFL Trading PlatForm

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

	Edelweiss	IIFL
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes

Edelweiss vs IIFL Company Information

	Edelweiss	IIFL
Financials *	Financials : -	Financials : Yes
News *	News : -	News :
Company Analysis *	Company Analysis : -	Company Analysis : Yes
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