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Edelweiss vs IIFL (Compare Edelweiss and 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.

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 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	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: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.	IIFL : Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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.	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
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..	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. 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.	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.
	Open Account	Open Account

Edelweiss vs IIFL Account Opening & AMC Charges

Edelweiss Trading Account Opening Fee is Rs 0 (Free) and IIFL Trading Account Opening Fee is Rs 0 (Free) . Edelweiss Demat Account AMC is Rs 500 (1st Year Free) and IIFL Demat Account AMC is Rs 250 (Free for 1st year) .

	Edelweiss	IIFL
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
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 250 (Free for 1st year)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0
	Open Account	Open Account

Edelweiss vs IIFL Brokerage Charges

Edelweiss Brokerage Charges Equity Delivery is 0.30% and Equity Intraday is 0.03% and Equity Options is Rs 75 per lot . IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

	Edelweiss		IIFL
Plan Name	Plan Name : Edelweiss Lite	Plan Name : Edelweiss Elite	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : 0.30%	Equity Delivery : Rs 10 per executed order	Equity Delivery : Rs 20 per order
Equity Intraday	Equity Intraday : 0.03%	Equity Intraday : Rs 10 per executed order	Equity Intraday : Rs 20 per order
Equity Future	Equity Future : 0.03%	Equity Future : Rs 10 per executed order	Equity Future : Rs 20 per order
Equity Options	Equity Options : Rs 75 per lot	Equity Options : Rs 10 per executed order	Equity Options : Rs 20 per order
Currency Futures	Currency Futures : 0.02%	Currency Futures : Rs 10 per executed order	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 20 per lot	Currency Options : Rs 10 per executed order	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : -	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : -	Commodity Futures : -	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : -	Commodity Options : -	Commodity Options : Rs 20 per order
	Open Account		Open Account

Edelweiss vs IIFL Exchange Transaction Charges

Edelweiss Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . IIFL Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	Edelweiss	IIFL
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : -	Commodity : Group A - Rs 280 per Cr (0.0028%)
	Open Account	Open Account

Edelweiss vs IIFL Other Charges

Edelweiss Minimum Brokerage is 0.03% Equity delivery, 0.01% Intra-day and Futures and Call & Trade is Rs 20 per call . IIFL and Call & Trade is Rs 50 per call .

	Edelweiss	IIFL
Minimum Brokerage	Minimum Brokerage : 0.03% Equity delivery, 0.01% Intra-day and Futures	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 20 per call	Call & Trade : Rs 50 per call
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
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 : Margin Funding: 0.08%/day, Research: Rs 50 per month,	Other Miscellaneous Charges : Advisory SMS - Rs 50 per month
	Open Account	Open Account

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.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress	Trading Platform : IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds 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 : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
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) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No
	Open Account	Open Account

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 : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0 (Free)	Account Opening Fee : â‚¹0 (free)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : â‚¹0
AMC	AMC : â‚¹500 per year (1st year free)	AMC : â‚¹250 (free for 1st year)
Dematerialisation Charges	Dematerialisation Charges : â‚¹2 per certificate + â‚¹30 for postage	Dematerialisation Charges : â‚¹15 per certificate
Rematerialisation Charges	Rematerialisation Charges : â‚¹10 per 100 securities or part thereof (Subject to minimum of â‚¹10 per request) + â‚¹30 for postage	Rematerialisation Charges : â‚¹15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.02% of the transaction value or â‚¹20 per transaction, whichever is higher	Transaction Charges (debit) : â‚¹25 per debit transaction
Pledge Creation Charges	Pledge Creation Charges : 0.02% of the transaction value or â‚¹50 per transaction, whichever is higher	Pledge Creation Charges : â‚¹10
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : â‚¹0
Pledge Invocation Charges	Pledge Invocation Charges : 0.02% of the transaction value or â‚¹25 per transaction, whichever is higher	Pledge Invocation Charges : â‚¹15
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : -
Other Charges	Other Charges : Account Closing: Nil	Other Charges : Conversion of MF units: â‚¹0, Reconversion of MF units: â‚¹0, Courier Charges: â‚¹100 per request
	Open Account	Open Account

Edelweiss vs IIFL Basic Details

Edelweiss Year of Incorporation is 2002 and Total Number of Clients is 218206 and Total Number of Branches is 237 . IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 .

	Edelweiss	IIFL
Year of Incorporation	Year of Incorporation : 2002	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 : Yes	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 : 218,206	Total Number of Clients : 437,829
Total Number of Branches	Total Number of Branches : 237	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
	Open Account	Open Account

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) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

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 : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : -	ETF research : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes
	Open Account	Open Account

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
	Open Account	Open Account

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 : Yes	Margin Trading : Yes
Call N Trade *	Call N Trade : -	Call N 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 : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	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
	Open Account	Open Account

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
	Open Account	Open Account

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
	Open Account	Open Account

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
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	Open Account	Open Account