Edelweiss Broking Vs Shriram Insight – Share Brokers Comparison
Edelweiss Broking Vs Shriram Insight
Here is a point by point comparison of Edelweiss Broking Vs Shriram Insight.Ā Edelweiss Broking is a full service broker based out of Mumbai withĀ clients across Institutional, retail and corporations. It has a client base of around 9 lakh clients and covers aroundĀ 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.Ā Shriram Insight, is a full service stock broker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Full service brokers such as Shriram Insight or 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 Edelweiss Broking Vs Shriram Insight 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
Shriram Insight Review | Edelweiss Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1974 | 2002 |
Number of branches across India | 700 | 237 |
Exchanges | NSE, BSE, MCX, RCL | NSE, BSE, MCX-SX and MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Chargesļ»æ | ā¹0 | ā¹1000 |
Trading Account Annual Maintenance Charges | ā¹0 | ā¹0 |
Demat Account Opening Charges | ā¹290 | ā¹0 |
Demat Account Annual Maintenance Charges | ā¹0 | Free for 1st year, ā¹500 from 2nd year |
Transaction Charges | Shriram Insights Transaction Charges | Edelweiss Broking Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.45% |
Intraday Delivery | 0.03% | 0.06% |
Equity Futures | 0.03% | 0.06% |
Equity Options | ā¹50 per contract | ā¹150 per lot |
Currency Futures | 0.03% | 0.050% |
Currency Options | ā¹50 per contract | ā¹50 per lot |
Commodity | 0.03% | NA |
Brokerage Calculator | Shriram Insight Brokerage Calculator | Edelweiss Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Upto 20 times for Intraday, Upto 4 times for Delivery @interest |
Equity Futures | Same as margin | Upto 3 times for Intraday |
Equity Options | Same as margin | Buying No Leverage, Shorting upto 3 times for Intraday |
Currency Futures | Same as margin | Upto 2 times for Intraday |
Currency Options | Same as margin | Buying No Leverage, Shorting upto 3 times for Intraday |
Commodities | Same as margin | 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) | NetPro Desktop, NetPro Browser, Mobile App | Xtreme Trader, Traders Lounge, Mobile Trader |
Total BSE+NSE Complaints Percentage | 0.05% | 0.13% |
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 Edelweiss Broking Vs Shriram Insight for the benefits of other readers. Please feel free to share in the comments below.
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