Edelweiss Charges

Edelweiss is a full-service broker that is registered with SEBI (Securities Board of India). Learning about the Edelweiss charges is a must before you subscribe to its services by opening a Demat account with them.

But before jumping to the discussion of charges, we must know about the stockbroker.

Edelweiss was incorporated in 1995 to focus on long term growth and returns. The broker is registered with NSDL (National Securities Depository Limited) as a depository participant.

Currently, it is a member of BSE (Bombay Stock Exchange), NSE (National Stock Exchange), MCX (Multi Commodity Exchange), MSEI (Metropolitan Stock Exchange of India),  and NCDEX (National Commodity and Derivatives Exchange).

It also facilitates Mutual fund investments as it is authorized by the AMFI (Association of Mutual Funds in India).

Now that the base is set let’s talk about Edelweiss charges in detail.

Edelweiss Charges List

The Edelweiss charges list is a long one. Most of these charges are fixed for all the brokers alike. So, below is a list of all these charges:

• Edelweiss Brokerage Charges
• Edelweiss Lite Plan Charges
• Edelweiss Elite Plan Charges
• Edelweiss Demat Account Charges
• Edelweiss Trading Account Charges
• Edelweiss AMC Charges
• Edelweiss Margin Trading Charges
• Edelweiss Intraday Charges
• Edelweiss Delivery Charges
• Edelweiss Option Charges
• Edelweiss Pledged Charges

Let’s discuss them in detail, one by one.

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Edelweiss Brokerage Charges

Edelweiss charges brokerage via two plans – Lite and Elite. The charges for various segments have been listed below:

Irrespective of the trading segment and style, the Lite plan charges ₹10 per order. On the other hand, the Elite plan charges varied amounts or percentages.

In the Equity segment, delivery, intraday, futures, and options are levied with a brokerage charge of 0.300%, 0.030%, 0.030%, and ₹75 per lot.

Let’s discuss the Edelweiss brokerage plans in detail.

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Edelweiss Lite Plan Charges

The specifics of the Edelweiss Lite Plan Charges are as follows:

 

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Edelweiss Elite Plan Charges

The details of this brokerage plan have been tabulated below:

 

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Edelweiss Demat Account Charges

There are two Demat Account Charges involved. They are – Account Opening Charge and Annual Maintenance Charge (AMC).

The Demat account annual maintenance charges (AMC) are zero for the first year and are ₹300 or ₹500 from the second year as per the brokerage plan chosen by the client.

A hidden charge levied by the broker is – Depository Participant Fee (DP Charges/ Fees). Generally, it is not publicly announced. Edelweiss DP charge for Edelweiss Trading varies with the brokerage plan.

They have been mentioned in the table below:

 

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Edelweiss Demat Account Opening Charges

Generally, brokers charge a fixed amount for opening a demat account. But, for Edelweiss Demat Account opening, you do not have to pay any charges. Yes, you read that right.

You are supposed to pay nothing as demat account opening charges. The facility of the demat account is extended for free.

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Edelweiss Trading Account Charges

Like every other broker in the stockbroking industry, Edelweiss also offers two in one account, i.e., trading account and demat account are opened together. This practice fastens the process and enhances the customer experience.

Thus, the DP charges and Annual Maintenance Charges (AMC) are the same for a trading account.

On a similar line, Edelweiss trading account opening charges are nil.

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Edelweiss AMC Charges

Annual Maintenance Charges, also known as AMC, are deducted on a yearly basis. It is debited for maintaining your demat account and trading account.

The Edelweiss AMC Charges are levied based on the brokerage plan selected by the trader or investor.

As we’ve mentioned above, the Edelweiss demat AMC charges are free for the first year, and post that; you’ll be charged ₹300 per annum in the Lite plan and ₹500 per annum in the Elite plan.

 

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Edelweiss Margin Trading Charges

Brokers extend the margin facility to attract more customers and also to facilitate traders in trading with ease.

The Edelweiss charges for margin are also based on the brokerage plan one subscribes to. Its details are tabulated in the following table.

 

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Edelweiss Intraday Charges

The brokerage charges for Intraday traders are segregated based on the brokerage plan subscribed by the trader or investor. The Edelweiss charges for intraday are as follows:

 

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Edelweiss Delivery Charges

Edelweiss charges ₹10 per order for equity delivery in the Lite plan and 0.300% in the Elite plan. The information has been tabulated below:

 

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Edelweiss Option Charges

The Edelweiss charges in the options segment are as follows:

 

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Edelweiss Pledged Charges

When you pledge your shares with a lender, you have to pay a charge. This charge is known as Pledged Charge. The details of Edelweiss charges in the same are below:

 

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Conclusion

Edelweiss is a full-service broker that was incorporated in the year 1995. It has grown exponentially over the years and is dedicated to serving its customers with utmost sincerity and transparency.

Edelweiss charges vary according to the brokerage plan the investor or trader subscribes. The two brokerage plans offered by the depository participant are – Lite and Elite. They have been discussed in detail above.

The broker has a zero opening charge policy for both Demat and trading accounts. But it charges an AMC from the second year. Moreover, it also extends the facility of margin trading.

We hope this article cleared all your queries related to Edelweiss charges. If you still have any doubts, feel free to comment below, and we’ll get back to you.

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