Trading Bells Vs Edelweiss Broking – Share Brokers Comparison
Trading Bells Vs Edelweiss Broking
Here is a point by point comparison of Trading Bells Vs Edelweiss Broking. Edelweiss Broking is a full service broker based out of Mumbai with clients across Institutional, retail and corporations. It has a client base of around 9 lakh clients and covers around 237 locations from 120+ cities of India. Edelweiss acquired J.P. Morgan asset management company in March 2016 thus widening its coverage and hold in the commodities segment.
Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
Discount brokers such as Trading Bells offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Edelweiss Broking will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Trading Bells Vs Edelweiss Broking to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Trading Bells Review | Edelweiss Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2014 | 2002 |
Number of branches across India | 1 | 237 |
Exchanges | NSE, BSE, MCX, MCX – SX and NCDEX | NSE, BSE, MCX-SX and MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹1000 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | Free for 1st year, ₹500 from 2nd year |
Transaction Charges | Trading Bells Transaction Charges | Edelweiss Broking Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹0 | 0.45% |
Intraday Delivery | 0.01% or ₹20 per executed order whichever is lower | 0.06% |
Equity Futures | 0.01% or ₹20 per executed order whichever is lower | 0.06% |
Equity Options | Flat ₹20 per executed order | ₹150 per lot |
Currency Futures | 0.01% or ₹20 per executed order whichever is lower | 0.050% |
Currency Options | Flat ₹20 per executed order | ₹50 per lot |
Commodity | 0.01% or ₹20 per executed order whichever is lower | NA |
Brokerage Calculator | Trading Bells Brokerage Calculator | Edelweiss Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday | Upto 20 times for Intraday, Upto 4 times for Delivery @interest |
Equity Futures | Upto 3 times for Intraday | Upto 3 times for Intraday |
Equity Options | Buying no leverage | Buying No Leverage, Shorting upto 3 times for Intraday |
Currency Futures | Upto 2 times for Intraday | Upto 2 times for Intraday |
Currency Options | Upto 3 times for Intraday | Buying No Leverage, Shorting upto 3 times for Intraday |
Commodities | Upto 3 times for Intraday | Upto 3 times for Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | ODIN, NETNET Lite, NSE Now, Mobile Trade | Xtreme Trader, Traders Lounge, Mobile Trader |
Total BSE+NSE Complaints | 9 | 78 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Trading Bells Vs Edelweiss Broking for the benefits of other readers. Please feel free to share in the comments below.
Check out more comparisons here.
In case you are looking to open a Demat account, get started by entering basic details below: