In this article, we will discuss the various Edelweiss Brokerage Charges, other Edelweiss Charges which will include the transaction charges, account opening, and closing charges, mandatory or the statutory charges and others questions that comes to your mind.
Edelweiss is a popular name in the stock market and the broking industry. It is known for its unique approach towards servicing the investors and the traders and also for its reasonable charges and brokerage rates.
In this article, we will talk about the charges and also compare them with the market averages and other broking houses, in general, to give you a clear perspective. It lets you think about the charges of the broking house where you want to open an account to start your trading or investment business.
|Equity Delivery Trading||Rs.10 per Trade|
|Equity Intraday Trading||Rs.10 per Trade|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 20 per instruction|
What are the Edelweiss Brokerage Charges?
|What are the Equity Delivery Charges?||Rs.10 per Trade|
|What are the Equity Intraday Charges?||Rs.10 per Trade|
|What is the brokerage on Equity Futures?||Rs.10 per Trade|
|How much brokerage charged for Equity Options?||Rs.10 per Trade|
|What is the brokerage on Currency Futures?||Rs.10 per Trade|
|What is the brokerage on Currency Options?||Rs.10 per Trade|
|How much brokerage charged for Commodity Trading?||NA|
|Brokerage Calculator||Edelweiss Brokerage Calculator|
Edelweiss Brokerage Charges as you can see in the above table is quite competitive. The firm doesn’t charge any whopping amount as a brokerage rate which can reduce the profit margins of the traders drastically.
It has quite affordable brokerage rates for segments like cash segment, futures segments, and also a very cheap rate for the currency options segment which is only Rs.10 per lot.
However, for the equity options, it charges a whopping charge. It charges Rs.10 per lot which is very high compared to the market average. Most of the firms that charge a higher rate for this segment at least keep it within Rs.10 but it charges kind of exponentially for this segment.
For the delivery segment also, the charge is a little higher than the average rate that prevails in the market.
Before placing any trade, you can and should always check the brokerage of the trade to make your profit and loss assumptions correct. You can use the Edelweiss Brokerage calculator for calculating the brokerage on each of the trades that you are about to place.
Open Demat Account with Edelweiss Now! – Fill up the Form
What are the Edelweiss Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Rs 0 (Free)|
|How much is the Trading Account AMC [Yearly]?||Rs. 0|
|Is there any Demat Charges [One Time]?||Rs 0 (Free)|
|How much is the Demat AMC [Yearly]?||Rs 300 (1st Year Free)|
|Any minimum Margin Money required?||75% Margin|
When you open the Edelweiss account you need to pay Rs 0 (Free) towards Edelweiss Trading Charges. It is the charge for opening the trading account. In Edelweiss, you do not get a free trading account with Demat account, you need to purchase it by paying this one-time fee.
While you pay an Account account opening charge for the trading account which is rare, there is no Edelweiss Demat Charges or no account opening charges for Demat account. For the annual maintenance charges again, you have to pay for one and not for the other account.
So, you have to pay the AMC for the Demat account and no AMC for the trading account. The AMC for the Demat account is Rs.300 which is reasonable as you have to pay for only one account that too once in the year.
The margin requirement of Edelweiss is little on the higher end and it is 75% Margin. You have to keep this amount always in the trading account to continue trading.
Find out Brokerage & Other Charges of Stock Brokers
What are the Edelweiss Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||NSE: 0.00325% and for BSE: 0.00275%|
|What are the Transaction Charges for Equity Intraday?||NSE: 0.00325% and for BSE: 0.00275%|
|How much is the Transaction Charges for Equity Futures?||NSE: 0.00190% and for BSE: 0.00190%|
|How much is the Transaction Charges for Equity Options?||NSE 0.05% and for BSE 0.05%|
|What are the Transaction Charges for Currency Futures?||NSE: 0.00115% and for BSE: 0.00115%|
|What are the Transaction Charges for Currency Options?||NSE: 0.0400% and for BSE: 0.0400%|
|Any Transaction Charges for Commodity Trading?||MCX: 0.0028%|
Edelweiss transaction Charges in the asset classes varies. It also differs from the two exchanges as you can see in the table above. While the transaction charge is the same for the delivery and the cash segment, it is different for the futures, and options segment.
For the delivery and the cash segments, the transaction cost varies across the two exchanges but for the other segments, it is the same for both the exchanges.
The transaction charges are little on the higher end for the first two segments while comparatively lower for the currency futures segment and also for the currency options segments. There is no difference between the transaction cost of non-agricultural stocks and agricultural stocks as well for both, you have to pay 0.0028%.
What are the other remaining Edelweiss Charges?
|How much is the Transaction Charges levied?||0.00275% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 20 per instruction|
|Any charges Account Closure?||NIL|
|What are the Dematerialisation Charges?||Rs 2.00 per certificate + Rs 20 for postage|
The statutory Edelweiss Charges / Govt Charges are levied by the government – both state and central and also by the stock market regulator SEBI. So, you have to bear these charges no matter what.
As these charges are decided by the regulatory and administrative authorities, these charges are almost the same across the brokerage houses and thus, they do not change your expense list much because of your choice of the broking houses.
However, there are few other charges which are not statutory or the government decided charges like the reactivation and account closing charges or the dematerialization charges. Thus, these charges vary like brokerage and account opening charges.
The reactivation charge is quite high in Edelweiss if you compare it with the market average. Apart from this, other charges are pretty reasonable and on par with the market.
Check out Charges of other Stock Brokers
General FAQs on Edelweiss Charges
Lets have a look at the FAQs on Edelweiss Charges:
Does Edelweiss provide fixed brokerage options?
No, Edelweiss provides no fixed brokerage options to the customers. It has different brokerage charges for different asset classes.
Does Edelweiss have different brokerage charges for penny stocks?
No, there are no different brokerage charges for the penny stocks in Edelweiss.
Can I calculate Edelweiss brokerage even before I place a Trade?
Yes, the investors can calculate the brokerage of the trades before placing the order.
Can I calculate Edelweiss margin / limit / exposure?
Yes, you can also calculate the limit, exposure, margin balance before you enter your trading order into the system.
Is there any account opening fees by Edelweiss?
Yes, the firm charges an account opening fee for the trading account.
Is there any AMC levied by Edelweiss?
Yes, there are annual maintenance charges or AMC for the Demat account of Edelweiss.
Edelweiss Charges – Conclusion
It is important to check all the charges when you are selecting the brokerage house for yourself. The above mentioned Edelweiss Charges hopefully have given you the clarity about the cost of trading with this broker.
The firm charges reasonably, like they do not have any account opening or Edelweiss Demat Charges. Then, they have quite affordable brokerage plans and charges as well. However, there are few segments, for which it charges exponentially as well.
Open Demat Account with Edelweiss Now! – Fill up the Form
Find out Brokerage Charges of other Stock Brokers
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