CIL Securities Vs Elite Wealth
CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
CIL Securities Vs Elite Wealth - Broker Details
| CIL Securities | Elite Wealth | |
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| Single Margin Facility |
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| Year of Incorporation | 1989 | 1990 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | N/A |
| Brokerage | ₹20 per order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
CIL Securities Vs Elite Wealth - Account Opening & AMC Charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 from 2nd Year ( 1st Year Free) | 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 | ₹1000 from 2nd Year ( 1st Year Free) | ₹0 (Free) |
CIL Securities Vs Elite Wealth - Brokerage charges & Plans
| CIL Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.03% |
| Currency Futures | ₹20 per order | 0.03% |
| Equity Delivery | ₹20 per order | 0.33% |
| Equity Options | ₹20 per order | ₹33 per Lot |
| Commodity Options | ₹20 per order | 0.03% |
| Equity Futures | ₹20 per order | 0.03% |
| Currency Options | ₹20 per order | ₹33 per Lot |
| Fixed Charges | ₹20 per order | 0.03% |
| Equity Intraday | ₹20 per order | 0.03% |
CIL Securities Vs Elite Wealth - Other Charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | 0.03% |
| Minimum Brokerage | ₹20 per order | 0.03% |
CIL Securities Vs Elite Wealth - Transaction Charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| Currency Options | 0.057% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.0032% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | 0.0032% | 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 | 0.00323% | NSE: 0.053% on Premium value |
| Commodity | N/A | 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 | 0.00240% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | 0.0032% | 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% |
CIL Securities Vs Elite Wealth - Margin (Exposure)
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
CIL Securities Vs Elite Wealth - Features
| CIL Securities | 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: 03:20 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 | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App | 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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CIL Securities Vs Elite Wealth - Review & Rating
| CIL Securities | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
CIL Securities Vs Elite Wealth - Request a call back from Broker
| CIL Securities | Elite Wealth | |
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CIL Securities Vs Elite Wealth - Investment Options
| CIL Securities | 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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CIL Securities Vs Elite Wealth - Order Type
| CIL Securities | Elite Wealth | |
|---|---|---|
| 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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CIL Securities Vs Elite Wealth - Research & Report
| CIL Securities | Elite Wealth | |
|---|---|---|
| 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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CIL Securities Vs Elite Wealth - Daily Market Report
| CIL Securities | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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CIL Securities Vs Elite Wealth - Suitable For Investor
| CIL Securities | Elite Wealth | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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CIL Securities Vs Elite Wealth - Pros & Cons
| CIL Securities | Elite Wealth | |
|---|---|---|
| Pros | 1. Diverse investment options, 2. Access to professional expertise, 3. Potential for higher returns, 4. Liquidity in some securities, 5. Portfolio diversification, 6. Ability to trade on stock exchanges. | 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. Market volatility and risk, 2. Lack of guaranteed returns, 3. Limited control over individual securities, 4. Not suitable for short-term goals. | 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. |
CIL Securities Vs Elite Wealth - Background
| CIL Securities | Elite Wealth | |
|---|---|---|
CIL Securities Vs Elite Wealth - Compare All Brokers
| CIL Securities | Elite Wealth | |
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CIL Securities Vs Elite Wealth - STT/CTT
| CIL Securities | 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 |
CIL Securities Vs Elite Wealth - Demat transaction charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | No Charges |
CIL Securities Vs Elite Wealth - GST
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
CIL Securities Vs Elite Wealth - SEBI Charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
CIL Securities Vs Elite Wealth - Account Opening & AMC Charges
CIL Securities
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 from 2nd Year ( 1st Year Free)
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
₹1000 from 2nd Year ( 1st Year Free)
₹0 (Free)
CIL Securities Vs Elite Wealth
| CIL Securities | Elite Wealth | |
|---|---|---|
CIL Securities Account Opening Charges and Required Documents Details |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
CIL Securities Vs Elite Wealth - Brokerage charges & Plans
| CIL Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.03% |
| Currency Futures | ₹20 per order | 0.03% |
| Equity Delivery | ₹20 per order | 0.33% |
| Equity Options | ₹20 per order | ₹33 per Lot |
| Commodity Options | ₹20 per order | 0.03% |
| Equity Futures | ₹20 per order | 0.03% |
| Currency Options | ₹20 per order | ₹33 per Lot |
| Fixed Charges | ₹20 per order | 0.03% |
| Equity Intraday | ₹20 per order | 0.03% |
CIL Securities Vs Elite Wealth - Margin (Exposure)
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
CIL Securities Vs Elite Wealth - Other Charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | 0.03% |
| Minimum Brokerage | ₹20 per order | 0.03% |
CIL Securities Vs Elite Wealth - STT/CTT
| CIL Securities | 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 |
CIL Securities Vs Elite Wealth - Demat transaction charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | No Charges |
CIL Securities Vs Elite Wealth - GST
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
CIL Securities Vs Elite Wealth - SEBI Charges
| CIL Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
CIL Securities Vs Elite Wealth - Features
| CIL Securities | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:20 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 | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App | 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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