Edelweiss Elite Plan Review: Edelweiss Broking Limited is a part of Edelweiss Group – one of the leading financial services providing firms based out of Mumbai. The group was incorporated in 1995 and Edelweiss Broking Limited was started in 2008 and today they have more than 1 million clients with them.

Edelweiss has 2 brokerage plans – Edelweiss Lite and Edelweiss Elite plan. In this article, we will quickly review its premium plan, i.e. Edelweiss Elite which is rich in features and high on privileges. Here we will include key features, services of the plan and also see the benefits of the same.

Edelweiss Elite Plan Review

Edelweiss Elite Plan Review – Key Features

With premium features, advisory and dedicated relationship manager the Edelweiss Elite plan focuses on delivering the entire Edelweiss experience at a slightly premium price. The main key features of the plan are –

  • Dedicated relationship manager
  • Access to exclusive products
  • Customized leverage
  • Portfolio monitoring and proactive advice
  • Free call & trade service

Brokerage and Other Edelweiss Elite Plan Charges

Edelweiss Elite Broking Charges:

EQ Delivery0.300%
EQ Intraday0.030%
EQ Futures0.030%
EQ OptionsRs.75/ Lot
CUR Futures0.020%
CUR OptionsRs.20/ Lot

Edelweiss Elite Plan Other charges:

Margin/ Funding (Leverage)Cash + Stock Margin For There is No charge incase of traded with full stock margin
Delayed Payment Interest (Normal)0.06%/ day
Delayed Payment Interest (MTF)0.06%/ day
Switching Charges (Only 2 switches allowed)Rs.2500 (when switching to Lite)

Note:

For Edelweiss Elite plan, equity Cash transactions brokerage rates shown above are additionally subject to a minimum brokerage rate. Final brokerage will be calculated as the maximum between existing brokerage rate as per plan and a minimum brokerage rate. This minimum brokerage rate is the lower between ₹25 and 2.5% of transaction value.

One may use Edelweiss brokerage calculator and Edelweiss leverage calculator to see what will be their profit/loss after incurring all the charges. There are few more Edelweiss Elite plan charges we are gonna cover here.

Edelweiss Elite Plan Review – Manual Support, Tools & Ancillary Charges

Edelweiss Elite Manual Support

Call and Trade (Advisory, Trading)Free
RM/ AdvisorFree
Special Situation Trades AssistanceFree

Quick Read

Edelweiss Elite Plan Tools & Features

Auto CollateralFree
Standard Tools (Watchlist, Screeners, Alerts etc.)Free
Advanced ChartingFree
Market InfoFree
ResearchFree
News (Live, Details)Free
ContentFree
Notifications (Whatsapp)Free
Portfolio OrganizerFree
Portfolio OptimizerFree
Guided PortfoliosFree
InvestologyFree

Edelweiss Elite Ancillary Charges

DP AMCFree
DP Fees (Trf Out/ Sell)/ Inter-settlement Fees0.02% of Value or ₹20 whichever is higher within Edelweiss OR 0.03% of Value or ₹20 outside Edelweiss
PayinFree
PayoutFree
Physical CML RequestFree
Physical Contract NotesFree
Cheque paymentFree
Pledge ChargesFree
Physical Statement Charges (Ledger, PNL, Tax etc.)Free

Edelweiss Elite Plan Review – Benefits

The Edelweiss Elite plan is suitable if you need the following:

  • Premium service and priority
  • Proactive advisory and regular portfolio monitoring
  • Access to exclusive products and special situation trades
  • Access to customized leverage and brokerage rates

Closing Thoughts

The Edelweiss brokerage plans provide an opportunity to invest in the stock market at competitive rates along with a host of services like research, Portfolio Optimizer, investment courses, and customized leverage products.

We hope you have liked the Edelweiss Elite plan review and find it helpful. You can read the detailed Edelweiss review 2021 and find more insights. Do let us know your views in the comment section below. Happy trading!

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