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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 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

Open Account Open Account

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 201574 and Total Number of Branches is 237 . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 3135167 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 :

201,574

Total Number of Clients :

3,135,167

Total Number of Branches Total Number of Branches :

237

Total Number of Branches :

154

Products * Products : - Products : -
Open Account Open Account

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

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