Edelweiss mobile trading app is the highest-rated app in India. Edelweiss group has a strong presence across India with over 475 offices in 200 locations. It has 11938 employees who cater to over 12 lakh clients across various businesses. This company has won many awards for its service and use of technology. It has a free smartphone trading app that offers trading capabilities on mobile phones to Edelweiss clients. Additionally, it also offers live streaming quotes, portfolio monitoring, fund transfer, charting, expert research, trade book, order book, holdings, balances, and many other useful features. In this blog we are going to tell you Edelweiss Online Trading App Review, so read this full blog to get the complete information.
About Edelweiss Online Trading App
Edelweiss online trading app is an advanced mobile app by Edelweiss Broking. This app from Edelweiss enables its customers to control and trade several financial instruments at BSE and NSE. The customers can use the app to access real-time market data, analyze their trades and track the performance of their portfolio. This app empowers them the most powerful charting tool for the mobile app and it provides all stock market news with sentiment analysis, all current and upcoming events and so much more. It is the first app from an Indian brokerage house that is available even for nonclients. The app can be used for free without registration. It provides you with tools like market screeners which help you not miss any profitable opportunity in the market. This app has recently launched a live news section that shows news faster than TV.
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Key Facts about Edelweiss App
The following are some of the key facts about the Edelweiss app:
- 1. It has over a decade of experience in Stock Broking.
- 2. It is a registered member of SEBI, BSE, NSE, MSE, and NSDL.
- 3. It has access to advanced platforms for free and no hidden charges.
- 4. It has a strong local presence across India.
- 5. It has a paperless instant account opening process.
- 6. It caters to over twelve lakh+ customers.
- 7. It has a dedicated research team.
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Features of Edelweiss Online trading app
Edelweiss online trading app is a stock and commodity trading app which offers many features to its customers. Some of the features are mentioned below:
- 1. It is a single app to trade across segments and exchanges like BSE, NSE, MCX & NCDEX.
- 2. It has a simplified one-step login for quick access.
- 3. It creates customizable watchlists of up to 100 stocks per list.
- 4. It offers live streaming of feeds across NSE, BSE, and MCX.
- 5. It offers a live news section faster than TV.
- 6. It has advanced charting with 17 technical indicators including super trendy, RSI, drawing tools, and much more.
- 7. It gives information on top gainers and losers, most active, 52 weeks high and low, volume buzzers, FII DII flows, sector 8.performance, options change, etc.
- 9. It gives detailed information and analysis of stocks across NSE and BSE.
- 10. It has a fully-fledged mutual fund section that allows you to invest in all Mutual Funds including tax-saving ELSS mutual funds.
- 11. It has secured phone transfers from multiple banks along with the UPI facility.
- You will get a view of your portfolio.
How to use: Ways to use Edelweiss App
Edelweiss mobile trading app can be used by iPhone and Android smartphone users. This app offers advanced trading features like technical charts, customizable watchlists, the latest market updates, etc. The following are the steps to use Edelweiss online trading app:
- 1. Firstly, Go to the app store of your phone
- 2. Search for Edelweiss mobile trader app
- 3. Download and install it
- 4. Log in to your mobile app on your smartphone
- 5. Then transfer the funds from your bank to your trading account
- 6. Search for securities of your choice
- 7. Click the buy or sell
- 8. Enter order details
- 9. Review and confirm the order
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How to withdraw fund: Steps to withdraw fund
If you want to withdraw funds in Edelweiss, you need to place a transfer fund request to withdraw cash available in your Edelweiss trading account. This request can be placed online on the Edelweiss website or its mobile app.
1. The following are the steps to withdraw money from Edelweiss:
- 2. Firstly login to the Edelweiss website or the mobile app
- 3. In the top right go to buy or sell > Transfer funds
- 4. Click on the withdraw funds tab
- 5. Choose the bank and enter the withdrawal amount
- 6. Click on submit button
How to transfer money in Edelweiss?
The following are the steps to transfer money in to and from your trading account:
- 1. Login to www.edelweiss.in.
- 2. Under buy or sell, select fund transfer
- 3. Click on add funds
- 4. Select the registered bank and enter the amount and submit.
How to buy an IPO in Edelweiss online trading?
Edelweiss offers an online IPO through its website to its customers as well as guest users. It offers IPO through UPI as a payment gateway and applicants should have a bank account UPI ID before applying in an IPO using Edelweiss online IPO application. If you do not want to apply in IPO using UPI, you can apply in IPO through the net banking of your bank using the ASBA facility using the Edelweiss Demat account number and the IPO allocated shares are deposited in your Demat account.
1. The following are the steps to buy IPO in Edelweiss:
- 2. Firstly go to the Edelweiss website
- 3. Navigate to Self Investing> Primary Market
- 4. Choose an IPO in ongoing IPOs and click on apply
- 5. Enter your bid details like price, quantity, and investor type
- 6. Then Enter your UPI ID and review your order and click on submit button
- 7. At last, Open your UPI app and accept the payment request which you’ve got.
How to cancel a Demat account in Edelweiss?
Edelweiss Demat account can be closed by submitting an account closure form to the broker and it will be closed within 7 to 10 business days once they receive a signed paper form for account closure. It cannot be closed online or by email or on call. If there are securities in the Demat account then you have to submit the stamped and sealed client master list of the beneficiary Demat account with the account closure form.
The following are the steps to close your Edelweiss Demat account as mentioned below:
- 1. Firstly contact your RM or call Edelweiss to get the account closure form
- 2. Fill the form as per the given instructions
- 3. Submit the form to your RM, advisor, or at the nearest branch.
- 4. Make sure to clear all your dues before submitting the account closure request and close all open positions and transfer all securities from the Demat account.
What are the charges to transfer funds in Edelweiss?
Edelweiss broking charges flat Rs 10 per trade brokerage under Edelweiss light plan for online trading across all segments. Further, Edelweiss charges 0.30% for delivery, 0.03% for equity intraday and futures, and Rs 70 per lot for equity options.
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FAQs
1. How to change bank accounts in Edelweiss?
Ans. If you want to change the bank account, changing the bank account in Edelweiss is a manual process where you will have to download a PDF form, print it, sign it, then attach supporting documents and send them to the Edelweiss office. The following are the steps to change bank account in Edelweiss:
- 1. Login to the Edelweiss website or mobile app
- 2. Click on the profile image in the top right corner
- 3. Click on see profile link
- 4. Scroll down to Your Bank, Demat, and Trading account section
- 5. Click on the change bank account link
- 6. Enter an account number, bank name, IFSC code, and MICR
- 7. Click the update Bank button to submit the request
- 8. Download pre-filled PDF form
- 9. Print the form and sign it
- 10. Send the form with supporting documents to the Edelweiss office
2. Does Edelweiss offer an IPO?
Ans. Yes, Edelweiss offers online IPO applications to its customers and IPO offers an early opportunity to buy shares of companies that are not previously traded publicly.
3. How to update the address in Edelweiss?
Ans. You can update or change the registered address in the Edelweiss trading and Demat account by submitting a signed paper form to Edelweiss and the process of address change is not available online. The following are the steps to update the address in Edelweiss:
- 1. Firstly login to the Edelweiss website or mobile app
- 2. Click on your profile image in the top right corner of the app
- 3. Click on see profile link
- 4. Scroll down to the contact address section
- 5. Then put a new address and submit the form
- 6. Download pre-filled PDF form
- 7. Print the form and sign it
- 8. At last, Send the form with attached documents to the Edelweiss office.
4. Does Edelweiss provide tips?
Ans. Yes, Edelweiss provides trading tips for stock and commodity trading to its customers.
Conclusion
Edelweiss broking is a safe and trusted stockbroker in India and the company enjoys the trust of its customers due to its strong brand, the vision of Management, quality service, and flexible brokerage plans. As a customer, you can depend on this company to be fair and adhere to all regulatory guidelines. So you can also enjoy its features by downloading the mobile app. In last, I hope this blog sufficient enough to provide the complete information about Edelweiss Online Trading App Review.
