Zerodha Vs Edelweiss – Which One Is Better? Side-By-Side Comparison

Zerodha Vs Edelweiss – Comparison:

Assessing Zerodha vs Edelweiss in terms of all product-wise details which are essential for every investor we get the detailed study.  In this comparative assessment, we focused on the advantages and disadvantages of both the broker for the knowledge of investors.

Zerodha is the largest discount broker of India for providing the best online trading platform, high exposure in exchange for low brokerage, free mutual fund investment (using the platform) and a lot more.

Based on Bangalore it has 9lakhs customer base, 22 branch offices, 94 associate office, and 6 support-call & trade offices. 

On the other side, Edelweiss is also a full-service broker organization. Listed under BSE, NSE, AMFI, MCX & NCDEX, it is also a premier brand in the stockbroking industry.

Incorporated in 2008 it has a global presence with 475 branches in 200 cities with more than 15lakhs customers.

Notable Features: 

Zerodha: 

1. Offers direct mutual fund investment using their portal for free. 
2. In association with IDFC, it provides 3-in-1 account facilities. 
3. The trading terminal is best among all the other market competitors.
4. It provides the best quality of customer support.
5. Facilitate free fund transfer using UPI.

Edelweiss:

1. 3-in-1 account facility is not available.
2. They have a commodity trading facility.
3. The dedicated research platform.
4. NRI & Marginal trading available.
5. A minimum brokerage charge is applicable.

Zerodha Vs Edelweiss Overall Company Details: 

Comparing Zerodha vs Edelweiss based on overall customer service we derived the below-mentioned details.

Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

Comparison on Customer Ratings:

Comparing Zerodha vs Edelweiss based on Customer Ratings we get this information. Here we can see that regarding experience & research work, Edelweiss is leading but in the remaining segments such as products, services, brokerage charges & platforms Zerodha is winning the race.

Comparison on AOC & AMC: 

Here we have compared Zerodha vs Edelweiss based on account opening charge & account maintenance charge.

Here we can see from the below contrast that Zerodha offers free AMC on the trading account along with zero margin money criteria. Whereas, Edelweiss provides free trading AMC only. 

Zerodha Vs Edelweiss Brokerage Charge:

Contrasting Zerodha vs Edelweiss based on Brokerage Charge we get the below details. Here we can see that Edelweiss offers a percentage based brokerage charge structure.

While Zerodha has a very economical flat fee-based brokerage charge. Edelweiss charges a minimum brokerage on executed orders but there is no such minimum brokerage in Zerodha.

Comparison on Administrative Charge: 

In terms of Administrative transactional charge, we here compared Zerodha vs Edelweiss as below.

We can see that both the broker share a similar charge structure other than the transaction charge criteria. The Charge of Edelweiss in the transaction charge part is lesser than Zerodha. 

Comparison on Offers: 

Contrasting Zerodha vs Edelweiss we get the below comparison on offers. We here can see that in terms of offers Edelweiss is a step ahead of Zerodha for offering more offers.

Zerodha and Edelweiss Services Offered: 

Comparing Zerodha and Edelweiss based on their service offering we derived the below comparison. These services always provide you a better trading experience.

Zerodha & Edelweiss Research & Advisory: 

Comparing Zerodha & Edelweiss based on their research & advisory offering we received the below comparison. Here we can see in the below table that Edelweiss offers different advisory supports, where Zerodha doesn’t provide any.

Zerodha Vs Edelweiss Margin/ Exposure/ Leverage

Considering Zerodha vs Edelweiss based on product-wise leverage we get the below details. Almost all the margin charges are different in these broking organizations.

Comparison of Products: 

Comparing Zerodha vs Edelweiss based on their product offering we derived the below comparison.

We can see in this below comparison that Edelweiss offered to trade in, Mutual funds, insurance & SIP which is not assured by Zerodha. Conversely Zerodha facilitates trading in the commodity that is not offered by Edelweiss. 

Zerodha Vs Edelweiss Trading Platforms: 

Because of the trading terminal offering of Zerodha vs  Edelweiss, we compared them as below. These trading platforms allow you to access your trading account from anywhere.

Zerodha or Edelweiss Customer Support: 

Comparing customer assistance, we here have compared Zerodha or Edelweiss as below. We can see from the below chart that Zerodha doesn’t provide dedicated dealers, offline trading (as it is a discount broker). While Edelweiss doesn’t facilitate offline trading. 

Comparison of Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Zerodha vs Edelweiss based on their customer complaint handling in the below table. 

Zerodha Call Back Request

Edelweiss Call Back Request

Conclusion:

Finally, we can conclude that Edelweiss (full-service broker) has a huge offering for its customers just like its market reputation.

But Zerodha (discount broker) offers lower charges to its customers. Still, it should be kept in mind that individual investors should opt the broker between Zerodha and Edelweiss as per his need only.