Edelweiss vs ICICI Direct (Compare Edelweiss vs 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.

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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: Flat Brokerage of ₹10/ executed order across all segments Including Equity Delivery, Intraday, F&O, and Currency F&O. Get the offer	ICICI Direct : Special Offer: Free Futures Trading + Intraday Trading charges at Flat ₹20 + Commodity & Currency Derivative at Flat ₹20. Get the offer
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

Edelweiss vs ICICI Direct Account Opening & AMC Charges

Edelweiss Trading Account Opening Fee is ₹750 and ICICI Direct Trading Account Opening Fee is ₹975 . Edelweiss Demat Account AMC is ₹0 (₹300 from 2nd year) and ICICI Direct Demat Account AMC is ₹700 .

	Edelweiss	ICICI Direct
Trading Account Opening Fee	Trading Account Opening Fee : ₹750	Trading Account Opening Fee : ₹975
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 : ₹700
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

Edelweiss vs ICICI Direct 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 . ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is ₹95 to ₹35 per lot .

	Edelweiss	ICICI Direct
Plan Name	Plan Name : Edelweiss Lite	Plan Name : I-Saver Plan
Equity Delivery	Equity Delivery : ₹10 or 0.01% whichever lower	Equity Delivery : 0.55%
Equity Intraday	Equity Intraday : ₹10 or 0.01% whichever lower	Equity Intraday : 0.275%
Equity Future	Equity Future : ₹10 or 0.01% whichever lower	Equity Future : 0.05% to 0.03%
Equity Options	Equity Options : ₹10.00 / executed order	Equity Options : ₹95 to ₹35 per lot
Currency Futures	Currency Futures : ₹10 or 0.01% whichever lower	Currency Futures : 0.050% to 0.030%
Currency Options	Currency Options : ₹10.00 / executed order	Currency Options : ₹25 to ₹10 per lot
Monthly Fee	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : 0.05% - 0.03%
Commodity Futures	Commodity Futures : -	Commodity Futures : NA
Commodity Options	Commodity Options : -	Commodity Options : NA

Edelweiss vs ICICI Direct Transaction Charges (Per Crore)

Edelweiss Transaction Charges (Per Crore) Equity Future is NSE ₹190 | BSE ₹190 and Equity Options is NSE ₹5000 | BSE ₹5000 . ICICI Direct Transaction Charges (Per Crore) Equity Future is ₹180 per Cr (0.0018%) and Equity Options is ₹5000 per Cr (0.05%) (on premium) .

	Edelweiss	ICICI Direct
Equity Delivery	Equity Delivery : NSE ₹325 \| BSE ₹275	Equity Delivery : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)
Equity Intraday	Equity Intraday : NSE ₹325 \| BSE ₹275	Equity Intraday : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)
Equity Future *	Equity Future : NSE ₹190 \| BSE ₹190	Equity Future : ₹180 per Cr (0.0018%)
Equity Options *	Equity Options : NSE ₹5000 \| BSE ₹5000	Equity Options : ₹5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : NSE ₹115 \| BSE ₹115	Currency Futures : ₹120 per Cr (0.0012%)
Currency Options	Currency Options : ₹4000	Currency Options : ₹5000 per Cr (0.05%) (on premium)
Commodity	Commodity : -	Commodity : NA

Edelweiss vs ICICI Direct Other Charges

Edelweiss Minimum Brokerage is ₹10 or 0.01% whichever lower and Call & Trade is ₹20 . ICICI Direct Minimum Brokerage is ₹35 per trade and Call & Trade is ₹25 per call after first 20 free calls per month .

	Edelweiss	ICICI Direct
Minimum Brokerage	Minimum Brokerage : ₹10 or 0.01% whichever lower	Minimum Brokerage : ₹35 per trade
Call & Trade	Call & Trade : ₹20	Call & Trade : ₹25 per call after first 20 free calls per month
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% (Min ₹25 and Max ₹25,000)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

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 Mobile Trader, Trading Website and TX3 Trading Terminal	Trading Platform : Trade Racer Web, Desktop, ICICI Direct Mobile App
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 : 1
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Bullet Trading, Can trade in 32 exchanges through Saxo Trader
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

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 : NSDL	Depository Service Provider : CDSL and NSDL
Account Opening Fee	Account Opening Fee : ₹0	Account Opening Fee : ₹975
Advance Deposit	Advance Deposit : Nil	Advance Deposit : ₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers.
AMC	AMC : ₹0 (₹300 2nd year onward)	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : ₹2 per certificate + ₹30 for postage	Dematerialisation Charges : ₹50 Per Demat Request Form and ₹3 For Each Certificates
Rematerialisation Charges	Rematerialisation Charges : ₹10 per 100 securities+ ₹30 for postage	Rematerialisation Charges : ₹25 + CDSL charges at actual
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : ₹0 for trader on ICICIDirect.com
Pledge Creation Charges	Pledge Creation Charges : ₹50 per transaction	Pledge Creation Charges : 0.02% or minimum of ₹50
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹50 per transaction	Pledge Creation Confirmation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35
Pledge Invocation Charges	Pledge Invocation Charges : ₹25 per transaction	Pledge Invocation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : ₹30
Other Charges	Other Charges : -	Other Charges : 1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address. 2. ₹200 for restoring services if account is suspended for non payment of charges.

Edelweiss vs ICICI Direct Basic Details

Edelweiss Year of Incorporation is 2008 and Total Number of Clients is 157254 and Total Number of Branches is 475+ . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1580233 and Total Number of Branches is 154 .

	Edelweiss	ICICI Direct
Year of Incorporation	Year of Incorporation : 2008	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : NSDL	Demat Services : Yes
Website	Website : www.edelweiss.in	Website : http://www.icicidirect.com
Contact Details	Contact Details : 1800-102-3335	Contact Details : 020-28307700
Total Number of Clients	Total Number of Clients : 157254	Total Number of Clients : 1580233
Total Number of Branches	Total Number of Branches : 475+	Total Number of Branches : 154
Products *	Products : -	Products : investment banking, institutional broking, retail broking, private wealth management, and financial product distribution

Edelweiss vs ICICI Direct Charts and Data

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

	Edelweiss	ICICI Direct
Live data source	Live data source : NSE, BSE	Live data source : NSE, BSE
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : -	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 30+	No.of indicators : 82
No.of charts can be opened	No.of charts can be opened : 17+	No.of charts can be opened : 6
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
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 : Yes
Price Ladder	Price Ladder : -	Price Ladder : No

Edelweiss vs ICICI Direct Leverage

Leverage

	Edelweiss	ICICI Direct
Equity Delivery	Equity Delivery : -	Equity Delivery : 5x with Interest
Equity Intraday	Equity Intraday : -	Equity Intraday : Upto 25x
Equity Futures	Equity Futures : -	Equity Futures : 4x
Equity Options	Equity Options : -	Equity Options : 2x for shorting
Currency Futures	Currency Futures : -	Currency Futures : NA
Currency Options	Currency Options : -	Currency Options : NA
Commodity Futures	Commodity Futures : -	Commodity Futures : NA
Commodity Options	Commodity Options : -	Commodity Options : -

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) : Yes	Good Till Cancelled (GTC) : Yes

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 : 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 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 : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs 3 to 5 lakh	Investment required for Franchisee / AP : Rs.25,000 to Rs.2,00,000

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 : 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 : Yes
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 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 : 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 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 : 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 : 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 : Yes

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 : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : Yes
I-Pad App *	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : Yes
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes

Edelweiss vs ICICI Direct Company Information

	Edelweiss	ICICI Direct
Financials *	Financials : -	Financials : Yes
News *	News : -	News : -
Company Analysis *	Company Analysis : Yes	Company Analysis : Yes
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