IIFL Vs Edelweiss compare brokerage charges | best stock broker in india | Best demat account for beginners

IIFL

VS

Edelweiss

Background Services
Type of Broker Full Service Full Service
Founded 1995 1995
Active Clients 2,14,149 1,20,132
Product offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds.
Depository CDSL CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Free for 5 years, 6th year onwards 400 + GST Rs. 0
Demat Account Free for 5 years, 6th year onwards 400 + GST Rs. 0
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 0.50% on turnover 1% on turnover
Equity Intraday 0.05% on turnover 1% on turnover
Equity Futures 0.05% on turnover Rs. 5 per lot
Currency Futures 0.05% on turnover Rs. 5 per lot
Commodity Futures - 0.04% on turnover
Equity Options 1% on premium or Rs.100 per lot Rs. 5 per lot
Currency Options - Rs. 5 per lot
Commodity Options - 0.03% on ESM
Technology
Trading Platform IIFL Trader Terminal. EX3.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) - Daily
EOD Data (Days) - Daily
Leverages
Equity Delivery 5x on turnover 4 - 6x on turnover
Intraday
Equity Spot 10 - 15x on turnover 20 - 40x on turnover
Equity Futures and Options 10 - 12x on ESM 20 - 40x on ESM
Currency Futures and Options 10 - 12x on ESM 20 - 40x on ESM
Commodity Futures and Options 10 - 12x on ESM 6x on ESM
Intraday with BO & CO
Equity Spot No leverage 80x on turnover
Equity Futures and Options No leverage 80x on ESM
Currency Futures and Options No leverage 80x on ESM
Commodity Futures and Options No leverage -
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager Yes Yes




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