In this page, I am providing side by side comparison of Edelweiss Vs Trading Bells.
Edelweiss is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.
Whereas TradingBells falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges. They claim to have lowest Stamp duty charges and no proprietary trading desk.
There are lot of differences between these two brokers.
I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.
However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.
Here is the comparison of Edelweiss Vs Trading Bells:
Parameters | Edelweiss | Trading Bells |
Review | ||
Type of Broker |
Full Service Broker |
Discount Broker |
Incorporation Year | 2002 | 2014 |
Supported Exchanges | NSE, BSE, MCX-SX , MCX and MSEI | NSE, BSE, MCX-SX , MCX and NCD-EX |
Account Related Charges |
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Trading Account Opening Fees | Rs 1000 | Rs 0 |
Trading Account AMC | Rs 0 | Rs 0 |
Demat Account Opening Fees | Rs 0 | Rs 0 |
Demat Account AMC | Rs 500 (Free for first Year) | Rs 0 |
Brokerage Charges |
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Equity Delivery Brokerage | 0.45% | 0.01% or Rs 20 per executed order, whichever is lower. |
Equity Intraday Brokerage | 0.06% | 0.01% or Rs 20 per executed order, whichever is lower. |
Equity Futures Brokerage | 0.06% | 0.01% or Rs 20 per executed order, whichever is lower. |
Equity Options Brokerage | Rs 150/lot | Flat Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.05% | 0.01% or Rs 20 per executed order, whichever is lower. |
Currency Options Trading Brokerage | Rs 50/lot | Flat Rs 20 per executed order |
Commodity Trading Brokerage | NA | 0.01% or Rs 20 per executed order, whichever is lower. |
Minimum Brokerage Charges | 3 paisa per share | NIL |
Monthly Unlimited Plans | ||
Brokerage Calculator | Edelweiss Brokerage Calculator | Trading Bells Brokerage Calculator |
Transaction Charges |
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Equity Delivery | 0.00325% | 0.00325% |
Equity Intraday | 0.00325% | 0.00325% |
Equity Futures | 0.0019% | 0.0029% |
Equity Options | 0.050% (On Premium) | 0.06% (On Premium) |
Currency Futures | 0.00115% | 0.00135% |
Currency Options | 0.040% (On Premium) | 0.044% |
Commodity | NA | 0.0031% |
Exposure |
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Equity | Upto 20 times Intraday and 4 times for Delivery | Upto 20 times Intraday and 3 times for Delivery |
Equity Futures | 3 times for Intraday | 4 times for Intraday |
Equity Options | No leverage for Buying and upto 3 times for shorting | No leverage for buying, upto 4 times for short selling |
Currency Futures | Upto 2 times intraday | Upto 4 times intraday |
Currency Options | No leverage for Buying and upto 3 times for shorting | Upto 4 times intraday |
Commodities | NA | Upto 4 times intraday |
Features |
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3 in 1 Account | ||
Mobile Trading | ||
Charting | ||
Automated Trading | ||
After Trading Hour Orders | ||
SMS Alerts | ||
Margin Funding | ||
Trading Platform | Xtreme trader, Traders Lounge and Mobile Trader | ODIN Diet, NSE NOW, Mobile Trader |
Investment Services |
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Stock / Equity | ||
Commodity | ||
Currency | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Customer Service Channels |
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24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Support Through Branches | ||
Relationship Managers | ||
Research Reports/Tips/Recommendations |
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Daily Market Report | ||
Tips/Recommendations | ||
Quarterly Result Analysis | ||
News Alerts | ||
Robo Advisory | ||
Promotional Offers |
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And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.
Point By Point Comparison of Edelweiss with other Brokers:
Edelweiss in comparison with other Stock Brokers |
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Point By Point Comparison of Trading Bells with other Brokers:
Trading Bells comparison with other Stock Brokers |
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Visit comparison of stock brokers in India page to compare two brokers side by side.