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Edelweiss Broking Review

Rated 3.5 stars Rated 3.5/5 by Top Share Brokers Team
Last updated on: 4-Feb-2022
Edelweiss Broking Ltd Review

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Edelweiss Review 2022 - Quick Summary

Trade on BSE, NSE, and MCX at Max Rs. 10/per order brokerage through the Edelweiss Mobile Trading App and get expert research recommendations.

Rated 3.5 stars

Edelweiss Top Highlight for 2022

  • Part of Edelweiss Group, one of the largest diversified financial service providers since 2008.
  • Huge spectrum of financial products i.e. equity, F&O, commodity, currency, IPO, and mutual funds.
  • Open a free Demat and Trading Account at zero charges in a completely paperless manner.
  • Trade at Flat Rs. 10 per executed order brokerage across segments.
  • Best trading platform; Edelweiss Mobile Trader App, Edelweiss website, and X3 terminal.
  • Get free experts research and recommendations across segments.
  • Invest in Edelweiss Guided MF portfolio based on your risk appetite, tenure, and goal.
  • Strong offline presence with 475 offices in 200 locations.

About Edelweiss

Edelweiss Broking, a part of Edelweiss Group is a full-service stockbroking firm that offers online trading and investment in equity, futures & options, commodity, currency, IPO, and mutual funds. Open a 100% Free Demat + Trading account and start trading at flat Rs. 10 per order brokerage under the Edelweiss Lite Plan.

The broker provides all kinds of trading platforms i.e. Edelweiss Mobile Trader App, website, and X3 trading terminal. Edelweiss Mobile app is one of the best trading apps that comes with advanced technical charting, customized watchlists, live share market news, mutual fund investment, price alerts, and more.

Being a full-service broker, Edelweiss also offers free stock market research and advisory services to customers. It has a dedicated research team that offers market research, economic research, sector research, and stock research.

Edelweiss Promotion Offer

Free online trading account, Lowest discount brokerage plan ₹10 per executed order. Sign up now

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Edelweiss Brokerage Plan with closest competitors

Here we are comparing Edelweiss with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Edelweiss 5paisa Zerodha Upstox Paytm Money
Service Type Full Service Broker Discount Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 10 Rs 20 Rs 20 Rs 20 Rs 10
Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
Equity Delivery Flat Rs. 10 per executed order Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower Free
Equity Intraday Flat Rs. 10 per executed order Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 10 whichever is lower
Equity Futures Flat Rs. 10 per executed order Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 10 whichever is lower
Equity Options Flat Rs. 10 per executed order Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Commodity 0.01% Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures Flat Rs. 10 per executed order Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs Flat Rs. 10 per executed order Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Rated 3.5 stars
Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

Other Charges

  • Call & Trade Charges: Free
  • RMS Auto Square Off Charges: Free
  • Hidden Charges: NA

For complete brokerage charges and trading plans detail please visit Edelweiss Brokerage Charges.

Please refer unique and accurate Edelweiss Brokerage Calculator

How to open Edelweiss Broking Ltd Account online?

Edelweiss offers a 100% paperless account opening process to open Demat + Trading online at zero account opening fees. Here is the process to open an Edelweiss account;

  1. Visit Edelweiss account opening page.
  2. Enter mobile number and e-mail and verify it with OTP.
  3. Add profile info and bank account details.
  4. Select between Lite and Elite brokerage plan.
  5. Upload documents.
  6. Complete IPV verification.
  7. E-sign the account opening form and your account will be opened instantly.
Open Instant Edelweiss Account!

Contact Edelweiss

Open Instant and Online account with Edelweiss in 15 mins.
Submit Online Form

Alternatives to Edelweiss

 Demat Account
 Demat Account
 Demat Account
 Demat Account

Edelweiss Mobile App and Trading Platforms

Rated 3.5 stars Trading Platforms Rated 3.5/5

Edelweiss offers all types of trading platforms i.e. trading websites, mobile trading apps, and desktop trading software. All these platforms are free to use for its users.

    Edelweiss Mobile Trader App

    Edelweiss App is the best mobile trading app to trade in equity, derivative, commodity, and currency segment. The feature-rich Android and iOS mobile app is free to use for all. Edelweiss mobile app offers many features like advanced technical charting (Heiken Ashi, Points, and Figure, Renko, Candle Stick, OHLC), 80+ technical indicators, 10 years of historical data, customized watchlists, market news, price alerts, 23+ reports i.e. order book, P&L report, etc.

    Edelweiss Mobile App Review Website

    Edelweiss offers a user-friendly, smart, and intuitive web trading platform to invest across all asset classes (equity, derivative, commodity, currency, mutual fund, etc.). The website provides features i.e. online portfolio tracking and monitoring, instant fund transfer, portfolio organizer, smallcase thematic portfolio, etc. Users can access the Edelweiss website via any compatible browsers like Chrome and Internet explorer.

    Edelweiss TX 3 Terminal

    Edelweiss broking provides an advanced TX 3 installable desktop trading terminal. Insightful data analytics, exceptional speed, and super-advanced charting feature make the platform extremely useful for new-age professionals and frequent intraday traders.

For detail review of mobile app and download please visit Edelweiss Trading Platform Review.

Edelweiss Trading Cons

  • Advanced orders like Good-Till canceled order are not available.
  • High Demat AMC charges.
  • Call and trade service is available at Rs. 20 per call.
  • Research calls & recommendations are available at Rs. 50 per month for the Lite Plan subscribers.

Edelweiss Customer Care info

Final thought about Edelweiss

Rated 3.5 stars Rated 3.5/5 by 20 users

Edelweiss Broking is among one of the best full-service brokers in India. Its diversified product portfolio, experts research and advisory, and PMS services are the top-notch reasons to trade with Edelweiss. Edelweiss Rs. 10 brokerage plan looks highly competitive with Zerodha, Upstox, and 5paisa. Further, the fastest and feature-rich mobile app provides an unbelievable trading experience to users. However, the key setback is that, unlike many other brokers, Edelweiss doesn't offer free delivery trading services,

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Last updated on: 2022-02-04

Edelweiss FAQs

Edelweiss customer care toll-free number is 1800-102-3335.



Edelweiss Stock Broking customer care e-mail is [email protected]



Steps to change bank details with Edelweiss Broking Ltd

  • Login your account.
  • Under My profile, you will find the Bank details section, click on “Change Bank Account”.
  • Enter the bank details you want to add and click on Update Bank.
  • You will receive an account modification form in PDF format.
  • Take a printout, sign it and send it with the required documents to the company’s head office address, Edelweiss Broking Ltd. 7th Floor, Edelweiss House, Off. C.S.T. Road, Kalina, Mumbai - 400098.



To change or update new bank account with Edelweiss Broking, you need to submit any of following documents:

  • Latest 6 months bank statement and a canceled personalized cheque.
  • Latest 6 months passbook copies and a canceled personalized cheque.





Edelweiss is both CDSL and NSDL depository participant.



Edelweiss Broking CDSL DP id is 12032300.



Edelweiss Broking is a registered depository participant with NSDL with SEBI registration no.: IN-DP-NSDL-314-2009 and DP ID: IN302201 and IN303719.



You can check all the Edelweiss DP details online. First, log in to the Edelweiss Demat Account and go to the “My Profile” page where all the details such as profile info, Demat account details, and bank account details will be available.



Once you have opened an Edelweiss account, you can start buying and selling shares on the BSE and NSE through any of the edelweiss trading platforms whether it be a website, mobile app, or trading terminal.

Steps to buy shares in edelweiss:

  1. Log in to the edelweiss mobile app or website.
  2. Add funds to your trading account.
  3. In the search bar, search the stock and add it to the watchlist.
  4. Click on the “Buy/Sell” option to place the order of your choice.
  5. Enter details like price, no. of shares, etc.
  6. Select the order type whether CNC or MIS.
  7. Submit the order.
  8. Tap on the “Order Status” option to check pending and completed order details.



E-SIP stands for Equity Systematic Investment Plans (SIP in stock) that facilitates edelweiss customers to invest a fixed sum of money in the selected stock/s during the regular interval of time and thereby eliminates the risk of market timing and provides averaging benefits to create wealth.

How to start e-SIP in edelweiss?

  1. Log in to the Edelweiss account.
  2. Search and add stock to the watchlist.
  3. Click on the “Buy” option.
  4. Enter details like investment amount or no. of shares, e-SIP date, and period (i.e. 12 months).
  5. On the due date, the order will be placed automatically on the exchange in advance.
  6. Upon order execution, money will be debited from the trading account.



Yes, Edelweiss is a SEBI registered full-service broker and also a registered trading member of BSE, NSE, MCX, NCDEX, and a DP with NSDL. The broking house is a part of Edelweiss Group and operating in the Indian brokerage space since 2006.



Edelweiss broking firm offers online trading in equity, derivatives, commodity, and currency segment under the Edelweiss Lite and Edelweiss Elite plan. The full-service broker is considered safe and trustworthy due to the following facts;

  • Part of Edelweiss group and presence in the brokerage space since 2006.
  • Registered with SEBI, BSE, NSE, MCX, and NCDEX.
  • Flat discount brokerage at just Rs. 10/- per order under the Edelweiss Lite Plan.
  • Mobile app, web, and desktop trading platform.
  • In-house and other AMCs mutual funds.
  • Get free stock market research, trading tips, and recommendations.



Edelweiss offers an easy, fast, and secure fund transfer process through UPI. Any UPI app users (PhonePe, Google Pay, Paytm) can add funds instantly to the Edelweiss Account using UPI for free through the below steps;

  1. Log in to the Edelweiss Demat Account on the mobile app or web.
  2. Click on the “Fund Transfer” option.
  3. Tap on the “Add Funds” option.
  4. Select the bank account and “UPI” as a payment mode.
  5. Now, enter the UPI ID registered with the bank and submit the fund transfer request.
  6. Go to your UPI app and authorize the payment request.
  7. The payment confirmation notification will be displayed on the screen.



You can withdraw funds from the Edelweiss account anytime using the mobile trader app or trading website through the below process;

Steps to withdraw funds from Edelweiss account

  1. Log in to the Edelweiss trading account on the app or web.
  2. Go to the “Fund Transfer” option and click on the “payout request” option.
  3. The screen displays the amount available to withdraw.
  4. Enter the withdrawal amount and submit the payout request.
  5. The amount will be transferred to the registered bank account.



Edelweiss Broking Ltd shows the complete fund transfer (payin and payout) details on all of its trading platforms. You can check the fund transfer history on the mobile app or website.

  1. Log in to the Edelweiss account.
  2. Go to the “Fund Transfer” and click on the “transfer status” option.
  3. The page will display the history of all the payins and payouts.



You can link your UPI ID to the Edelweiss trading account online using the mobile trading app or website through the below steps;

  1. Log in to the Edelweiss account on the web or mobile app.
  2. Go to the “Profile” option.
  3. Under the bank, Demat & Trading Accounts option, tap on the “Add new UPI ID” option.
  4. Select the registered bank and provide the virtual payment (UPI ID) address.
  5. Submit the request and it will redirect you to the fund transfer window.
  6. Do a verification transaction of just Rs. 50.
  7. Upon successful payment, the UPI ID will be linked to your Edelweiss account.



Edelweiss Broking Ltd offers easy, smart, and hassle-free fund transfer options to customers through the below modes;

  1. Add funds instantly to Edelweiss trading account using UPI.
  2. Transfer funds through net banking or payment gateway.
  3. eCollect by adding an Edelweiss account as a beneficiary to your bank.
  4. Write a cheque/DD in the name of Edelweiss Broking Ltd.



The fund withdrawal request placed in Edelweiss will be directly credited into the registered bank account. If you have placed the fund withdrawal or payout request before 3:30 PM then it will be processed on the same working day. However, withdrawal requests raised after 3:30 PM or on any non-working day will be processed the next working day.



Edelweiss Broking Ltd User Reviews

16. shiva Apr 03 2022 09:30:04 PM Reply
I want to close demat account.
15. Suhas Kanade Feb 06 2022 10:20:32 AM Reply
Edelweiss broking is a cheater. Initially I was operating this account on my own. Later one of their advisors from Pune branch contacted me claiming that he will make money for me. He used to provide me useless tips in order to increase trade volume and mint brokerage. I lost more than 1 Lac with their useless tips. When I realized this and wanted to close my account, they used some or the other ways to delay my account closure and used to charge me monthly DMAT charges. When I stopped paying their DMAT charges, they liquidated one of my bonds to recover the money. Very frustrating experience with Edelweiss Broking. Please do not get into their trap.
14. A Bhattacharjee Mar 11 2021 10:55:22 AM Reply
Charges are too excessive, also Customer service is so poor . I lost around 50000 rs in the name of Margin Trading in three months.


Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Very Poor
13. Suresh Jul 15 2020 11:55:04 AM Reply
Their back end service is pathetic, I have an account with them and had linked my yes bank account with it. I closed my yes bank account and have been running after them for the last one year to update my linked saving account but they have been unable to do it till now. With the result my funds are held up with them
12. Poonam Jan 06 2020 07:03:16 AM Reply
Overall Experience is Good, They are providing wealth service at a Discounted rate.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Excellent
11. Monika Shah Apr 16 2019 11:53:35 AM Reply
Best Service Broker in the industry. Smooth account opening process.
10. Prakash pandey Apr 16 2019 11:07:25 AM Reply
Awesome trading platform


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
9. ankush sarda Dec 12 2018 01:56:13 PM Reply
i want talk with your business development manager.
8. Rakesh Jun 03 2018 06:37:00 PM Reply
Guys, I ve personal experience with edelweiss. They are good when market is going up but they really fail in risk management. I lost almost 80% of my wealth. I frequently asked to get out of the stock buy every time they said wait sir don''t panic. Now I don''t have anything to panic. It''s my fault that I believed with them. So guys don''t be fool like me. Make ur own research and trade wisely don''t believe these guys.
7. kalyan May 31 2018 01:56:16 PM Reply
trading in all of the segments backed up by strong research, strategies and analytical tools, Edelweiss has everything and more than an investor need to succeed with little cost and low brokerage.

account opening at free of cost,
and low brokerage charge,


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent