Edelweiss Trading Account Charges

Before you rush to the official website or nearest Edelweiss branch to open a trading account and Demat account, you must learn about Edelweiss trading account charges.

These charges vary from broker to broker based on the type of broker and the services it extends. You must know about the broker’s background too. So, let’s talk about it.

Edelweiss is a SEBI (Securities and Exchange Board of India) full-service broker that was incorporated in 1995. It is authorized by AMFI (Association of Mutual Funds in India) to provide its clients with the option to invest in mutual funds.

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

Also Read: Edelweiss Login

Its services as a depository participant are extended by NSDL (National Securities Depository Limited).

Now, let’s move ahead to the discussion of Edelweiss trading account charges.

Edelweiss Trading Charges

Some charges get levied on the traders or investors by the stockbroker. These charges vary with brokers, as mentioned before, and also with the variety of brokerage plans offered by them.

A list of the charges levied on a trading account is as follows:

• Account Opening Charges
• Annual Maintenance Charges

Let’s discuss both of these charges in detail.

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Edelweiss Trading Account Opening Charges

Edelweiss Trading offers a two in one account, i.e., trading and demat accounts. This service enhances customer experience and also fastens the process of opening an account.

It is one of those brokers that provide the facility of free account opening. So, you can sign up for Edelweiss’ services without paying any fee.

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Edelweiss Trading Account AMC Charges

Edelweiss trading account charges for maintaining your account are known as Annual Maintenance Charges (AMC), and this charge is debited annually. Edelweiss does not charge AMC for the first year.

Post the first year; the broker charges ₹300 per annum under the Lite plan and ₹500 per annum from the Elite plan subscribers.

 

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Conclusion

Edelweiss is a full-service broker established in the year 1995. It aims to have a transparent investment process and guide its clients towards huge profits.

Edelweiss trading account charges are levied under two categories – Opening charges and Annual Maintenance Charges (AMC). Both these charges have been discussed in detail above.

These charges are differentiated according to the subscribed brokerage plan. They offer two brokerage plans – Lite and Elite. These plans are created to increase customer’s profit margins.

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