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Edelweiss vs ICICI Direct (Compare Edelweiss and ICICI Direct)

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 ICICI Direct, Below comparison of Edelweiss vs ICICI Direct 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 ICICI Direct is given below:

Edelweiss

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ICICI Direct

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	Edelweiss	ICICI Direct

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	ICICI Direct : "ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur >>> more
Find More Information about the Broker :	Edelweiss : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Edelweiss : Full Service Broker	ICICI Direct : 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.	ICICI Direct : Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
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.	ICICI Direct : 3-in-1 online trading account. Security of your investment & money 24/7 customer service. Easy-to-use website. Innovative offerings like - Margin, MarginPlus, BTST, SPOT. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Own DP services Award winning research services Instant payout for your stocks sold (eATM) By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !
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..	ICICI Direct : Very High delivery brokerage. Not a good fit for small and penny stock traders. Charges for trading terminal usage. High 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.	ICICI Direct : A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade. Largest Equity E-Broking House with >40 Lac customers. Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance. Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Award Winning Research
	Open Account	Open Account

Edelweiss vs ICICI Direct Account Opening & AMC Charges

Edelweiss Trading Account Opening Fee is Rs 0 (Free) and ICICI Direct Trading Account Opening Fee is Rs 0 (Free) . Edelweiss Demat Account AMC is Rs 500 (1st Year Free) and ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) .

	Edelweiss	ICICI Direct
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 (Free)
Demat Account AMC	Demat Account AMC : Rs 500 (1st Year Free)	Demat Account AMC : Rs 300 (from 2nd year)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Edelweiss vs ICICI Direct 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 . ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is Rs 95 per lot .

	Edelweiss		ICICI Direct
Plan Name	Plan Name : Edelweiss Lite	Plan Name : Edelweiss Elite	Plan Name : I-Secure Plan	Plan Name : ICICIDirect Neo Plan
Equity Delivery	Equity Delivery : Rs 10 per executed order	Equity Delivery : 0.30%	Equity Delivery : 0.55%	Equity Delivery : 0.55%
Equity Intraday	Equity Intraday : Rs 10 per executed order	Equity Intraday : 0.03%	Equity Intraday : 0.275%	Equity Intraday : Rs 20 per order
Equity Future	Equity Future : Rs 10 per executed order	Equity Future : 0.03%	Equity Future : 0.05%	Equity Future : Rs 0 (Free)
Equity Options	Equity Options : Rs 10 per executed order	Equity Options : Rs 75 per lot	Equity Options : Rs 95 per lot	Equity Options : Rs 20 per order
Currency Futures	Currency Futures : Rs 10 per executed order	Currency Futures : 0.02%	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 10 per executed order	Currency Options : Rs 20 per lot	Currency Options : Rs 20 per order	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : 0.05% - 0.03%	Margin Trading : 0.05% - 0.03%
Commodity Futures	Commodity Futures : -	Commodity Futures : -	Commodity Futures : Rs 20 per order	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : -	Commodity Options : -	Commodity Options : Rs 20 per order	Commodity Options : Rs 20 per order
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Edelweiss vs ICICI Direct 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) . ICICI Direct Exchange Transaction Charges Equity Future is Rs 180 per Cr (0.0018%) and Equity Options is Rs 5000 per Cr (0.05%) (on premium) .

	Edelweiss	ICICI Direct
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	Equity Delivery : NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (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 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 190 per Cr (0.0019%) (each side)	Equity Future : Rs 180 per Cr (0.0018%)
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 5000 per Cr (0.05%) (on premium)	Equity Options : Rs 5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 115 per Cr (0.00115%) \| BSE Rs 115 per Cr (0.00115%)	Currency Futures : Rs 120 per Cr (0.0012%)
Currency Options	Currency Options : Rs 4000 per Cr (0.04%) (on premium)	Currency Options : Rs 5000 per Cr (0.05%) (on premium)
Commodity	Commodity : -	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

Edelweiss vs ICICI Direct Other Charges

Edelweiss Minimum Brokerage is 0.03% Equity delivery, 0.01% Intra-day and Futures and Call & Trade is Rs 20 per call . ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade .

	Edelweiss	ICICI Direct
Minimum Brokerage	Minimum Brokerage : 0.03% Equity delivery, 0.01% Intra-day and Futures	Minimum Brokerage : Rs 35 per trade (I-Secure Plan)
Call & Trade	Call & Trade : Rs 20 per call	Call & Trade : Rs 50 per trade
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : Margin Funding: 0.08%/day, Research: Rs 50 per month,	Other Miscellaneous Charges : Margin Trading Interest: 0.025% Per day
	Open Account	Open Account

Edelweiss vs ICICI Direct Features

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

	Edelweiss	ICICI Direct
Trading Platform	Trading Platform : Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress	Trading Platform : ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : -
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 : -
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Offer 3-in-1 Account. Support in local ICICI Bank branches. Trusted brand.
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) : Yes
	Open Account	Open Account

Edelweiss vs ICICI Direct Demat Account Charges

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

	Edelweiss	ICICI Direct
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : NSDL
Account Opening Fee	Account Opening Fee : Rs 0 (Free)	Account Opening Fee : Stamp Duty at actuals
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Rs 0 for ICICI Bank customers. Rs 7500 for Non ICICI BANK customers.
AMC	AMC : Rs 500 per year (1st year free)	AMC : For Individual account: Rs 700 p.a. For Corporate account: Rs 1500 p.a.
Dematerialisation Charges	Dematerialisation Charges : Rs 2 per certificate + Rs 30 for postage	Dematerialisation Charges : Rs 50 Per Demat Request Form and Rs 10 For Each Certificates
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 25 + CDSL charges at actual
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) : For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30 & maximum Rs 25,000 )
Pledge Creation Charges	Pledge Creation Charges : 0.02% of the transaction value or Rs 50 per transaction, whichever is higher	Pledge Creation Charges : 0.02% or minimum of Rs 35
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : 0.02% or minimum of Rs 35
Pledge Invocation Charges	Pledge Invocation Charges : 0.02% of the transaction value or Rs 25 per transaction, whichever is higher	Pledge Invocation Charges : 0.02% or minimum of Rs 35
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : -
Other Charges	Other Charges : Account Closing: Nil	Other Charges : Rs 200 for restoring services if account is suspended for non payment of charges.
	Open Account	Open Account

Edelweiss vs ICICI Direct Basic Details

Edelweiss Year of Incorporation is 2002 and Total Number of Clients is 218206 and Total Number of Branches is 237 . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 2798455 and Total Number of Branches is 154 .

	Edelweiss	ICICI Direct
Year of Incorporation	Year of Incorporation : 2002	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : -
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : www.edelweiss.in	Website : -
Contact Details	Contact Details : 1800-102-3335	Contact Details : -
Total Number of Clients	Total Number of Clients : 218,206	Total Number of Clients : 2,798,455
Total Number of Branches	Total Number of Branches : 237	Total Number of Branches : 154
Products *	Products : -	Products : -
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Edelweiss vs ICICI Direct Orders

Orders

	Edelweiss	ICICI Direct
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) : 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) : Yes
	Open Account	Open Account

Edelweiss vs ICICI Direct Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Edelweiss	ICICI Direct
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : -
Comparison *	Comparison : -	Comparison : -
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 : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes
	Open Account	Open Account

Edelweiss vs ICICI Direct Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Edelweiss	ICICI Direct
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs 3 to 5 lakh	Investment required for Franchisee / AP : -
	Open Account	Open Account

Edelweiss vs ICICI Direct Product & Services

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

	Edelweiss	ICICI Direct
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : -	Call in Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : -
Limit Order *	Limit Order : -	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : -
IPO Investment *	IPO Investment : -	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : -	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : -
Market Trading *	Market Trading : -	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : -
	Open Account	Open Account

Edelweiss vs ICICI Direct Customer Services

Edelweiss and ICICI Direct 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	ICICI Direct
Toll Free Number *	Toll Free Number : -	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : -
Email Facility *	Email Facility : -	Email Facility : -
Branch Offices *	Branch Offices : -	Branch Offices : -
Customer Care *	Customer Care : -	Customer Care : -
Community Service *	Community Service : -	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : -
	Open Account	Open Account

Edelweiss vs ICICI Direct Other Investement

Edelweiss and ICICI Direct 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	ICICI Direct
Commodity Trading *	Commodity Trading : -	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : -	Insurance Services : -
Banking Services *	Banking Services : -	Banking Services : -
	Open Account	Open Account

Edelweiss vs ICICI Direct Trading Platform

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

	Edelweiss	ICICI Direct
Web Platform *	Web Platform : -	Web Platform : -
Android Mobile App *	Android Mobile App : -	Android Mobile App : -
Desktop Windows *	Desktop Windows : -	Desktop Windows : -
Desktop Mac *	Desktop Mac : -	Desktop Mac : -
I-Pad App *	I-Pad App : -	I-Pad App : -
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : -
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	Open Account	Open Account