Alice Blue Vs Elite Wealth
Alice Blue
Alice Blue Review gives an overall view about the Brokerage Charges, Margin, Trading Software in 2024, Demat Account Charges, Alice Blue Review of Branches, Customer Support, Advantages and Disadvantages.
Alice Blue Vs Elite Wealth - Broker Details
| Alice Blue | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2006 | 1990 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 17 | N/A |
| Brokerage | ₹15/Order | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Account Opening & AMC Charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400/- per annum | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Brokerage charges & Plans
| Alice Blue | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Currency Futures | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Equity Delivery | ₹0 | 0.33% |
| Equity Options | ₹15/ Order | ₹33 per Lot |
| Commodity Options | ₹15/ Order | 0.03% |
| Equity Futures | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Currency Options | ₹15/ Order | ₹33 per Lot |
| Fixed Charges | ₹15/ Order | 0.03% |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Other Charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹80/Day | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹15/ Order or 0.05% ( Whichever is lower) | 0.03% |
| Minimum Brokerage | ₹15/Order | 0.03% |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Transaction Charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| Currency Options | NSE ₹4400/Cr (0.044%) (on premium) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) | NSE: 0.053% on Premium value |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE ₹135/Cr (0.00135%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Margin (Exposure)
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity Options | Cnc: 1x | Mis Intraday sell: 1x | Cover Order: NA | Bracket Order: NA | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | Cnc: 1x | Mis Intraday: 1x | Cover Order: 1x | Bracket Order: 1x | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Features
| Alice Blue | Elite Wealth | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Ant Mobi 2.0, ANT Web, ANT Desk, ANT Meta | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Alice Blue Vs Elite Wealth - Review & Rating
| Alice Blue | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Request a call back from Broker
| Alice Blue | Elite Wealth | |
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| Call Back Open Account |
Alice Blue Vs Elite Wealth - Investment Options
| Alice Blue | Elite Wealth | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
Alice Blue Vs Elite Wealth - Order Type
| Alice Blue | Elite Wealth | |
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| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
Alice Blue Vs Elite Wealth - Research & Report
| Alice Blue | Elite Wealth | |
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| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
Alice Blue Vs Elite Wealth - Daily Market Report
| Alice Blue | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Alice Blue Vs Elite Wealth - Suitable For Investor
| Alice Blue | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Alice Blue Vs Elite Wealth - Pros & Cons
| Alice Blue | Elite Wealth | |
|---|---|---|
| Pros | 1. Equity delivery trading is not charged under the F20 (Freedom 20) plan. The maximum amount of ₹20 is required in order to trade in other segments. 2.There is no minimum brokerage, no minimum commitment and no prepaid plans are guaranteed. 3. It is the trustworthy broker serving its services since 2006. 4. The ANT trading software is free for its customers. 5. It provides free access of regular markets to its customers. | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days |
| Cons | 1. It does not offer any annual or monthly plans. 2. Call and Trade services are provided at an extra charge of ₹20/ Order. | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Background
| Alice Blue | Elite Wealth | |
|---|---|---|
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Compare All Brokers
| Alice Blue | Elite Wealth | |
|---|---|---|
| Call Back Open Account |
Alice Blue Vs Elite Wealth - STT/CTT
| Alice Blue | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Demat transaction charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | No Charges |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - GST
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - SEBI Charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Account Opening & AMC Charges
Alice Blue
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400/- per annum
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
Alice Blue Vs Elite Wealth
| Alice Blue | Elite Wealth | |
|---|---|---|
Alice Blue Margin/Exposure Limit, Leverage for Intraday and Margin PolicyAlice Blue is the Bangalore based discount broker providing trading services in BSE, NSE and MCX. Alice blue also have maximum number of active clients. Alice Blue charges Zero brokerage for Equity Delivery investments. Alice blue brokerage rates for the Intr .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Alice Blue Vs Elite Wealth - Brokerage charges & Plans
| Alice Blue | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Currency Futures | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Equity Delivery | ₹0 | 0.33% |
| Equity Options | ₹15/ Order | ₹33 per Lot |
| Commodity Options | ₹15/ Order | 0.03% |
| Equity Futures | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Currency Options | ₹15/ Order | ₹33 per Lot |
| Fixed Charges | ₹15/ Order | 0.03% |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.03% |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Margin (Exposure)
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity Options | Cnc: 1x | Mis Intraday sell: 1x | Cover Order: NA | Bracket Order: NA | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | Cnc: 1x | Mis Intraday: 1x | Cover Order: 1x | Bracket Order: 1x | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Other Charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹80/Day | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹15/ Order or 0.05% ( Whichever is lower) | 0.03% |
| Minimum Brokerage | ₹15/Order | 0.03% |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - STT/CTT
| Alice Blue | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Demat transaction charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | No Charges |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - GST
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - SEBI Charges
| Alice Blue | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Alice Blue Vs Elite Wealth - Features
| Alice Blue | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Ant Mobi 2.0, ANT Web, ANT Desk, ANT Meta | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |