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 |
IIFL |
Edelweiss | IIFL |
---|
About The Brokers |
Edelweiss : |
IIFL : |
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 : |
IIFL : |
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 :
|
IIFL :
|
Disadvantage |
Edelweiss :
|
IIFL :
|
Why This |
Edelweiss :
|
IIFL :
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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
:
₹0 (Free) |
Account Opening Fee
:
₹0 (free) |
Advance Deposit |
Advance Deposit
:
Nil |
Advance Deposit
:
₹0 |
AMC |
AMC
:
₹500 per year (1st year free) |
AMC
:
₹250 (free for 1st year) |
Dematerialisation Charges |
Dematerialisation Charges
:
₹2 per certificate + ₹30 for postage |
Dematerialisation Charges
:
₹15 per certificate |
Rematerialisation Charges |
Rematerialisation Charges
:
₹10 per 100 securities or part thereof (Subject to minimum of ₹10 per request) + ₹30 for postage |
Rematerialisation Charges
:
₹15 per certificate |
Transaction Charges (Credit) | Transaction Charges (Credit) : - | Transaction Charges (Credit) : - |
Transaction Charges (debit) |
Transaction Charges (debit)
:
0.02% of the transaction value or ₹20 per transaction, whichever is higher |
Transaction Charges (debit)
:
₹25 per debit transaction |
Pledge Creation Charges |
Pledge Creation Charges
:
0.02% of the transaction value or ₹50 per transaction, whichever is higher |
Pledge Creation Charges
:
₹10 |
Pledge Creation Confirmation Charges |
Pledge Creation Confirmation Charges
:
Nil |
Pledge Creation Confirmation Charges
:
₹0 |
Pledge Invocation Charges |
Pledge Invocation Charges
:
0.02% of the transaction value or ₹25 per transaction, whichever is higher |
Pledge Invocation Charges
:
₹15 |
Failed Instruction Charges |
Failed Instruction Charges
:
Nil |
Failed Instruction Charges : - |
Other Charges |
Other Charges
:
Account Closing: Nil |
Other Charges
:
Conversion of MF units: ₹0, Reconversion of MF units: ₹0, Courier Charges: ₹100 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 |
Contact Now | ||
Open Account | Open Account |
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