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Comparision (Definedge Securities VS Elite Wealth)

 

Definedge Securities Vs Elite Wealth

Definedge Securities

Elite Wealth

Definedge Securities Vs Elite Wealth - Broker Details

Definedge Securities Elite Wealth
Single Margin Facility
Year of Incorporation 2015 1990
Exchanges NSE, BSE, MCX and NCDEX. NSE, BSE, MCX and NCDEX
Branches 270 N/A
Brokerage ₹18 per executed order 0.03%
Broker Type Discount Broker Full Service Broker

Definedge Securities Vs Elite Wealth - Account Opening & AMC Charges

Definedge Securities Elite Wealth
Trading Account Opening Charge ₹180 ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹300 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 ₹300 AMC ₹0 (Free)

Definedge Securities Vs Elite Wealth - Brokerage charges & Plans

Definedge Securities Elite Wealth
Commodity Futures 0.03% or ₹18 per executed order whichever is lower 0.03%
Currency Futures 0.03% or ₹18 per executed order whichever is lower 0.03%
Equity Delivery ₹0 (Free) 0.33%
Equity Options ₹18 per executed order ₹33 per Lot
Commodity Options ₹18 per executed order 0.03%
Equity Futures 0.03% or ₹18 per executed order whichever is lower 0.03%
Currency Options ₹18 per executed order ₹33 per Lot
Fixed Charges ₹18 per executed order 0.03%
Equity Intraday 0.03% or ₹ 18 per executed order whichever is lower 0.03%

Definedge Securities Vs Elite Wealth - Other Charges

Definedge Securities Elite Wealth
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹36/- per order ₹0 (Free)
Other Brokerage Charges ₹18 per executed order 0.03%
Minimum Brokerage ₹18 per executed order 0.03%

Definedge Securities Vs Elite Wealth - Transaction Charges

Definedge Securities Elite Wealth
Currency Options NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (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 ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side NSE: 0.00195% on Total Turnover value
Equity Intraday NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (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 ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) NSE: 0.053% on Premium value
Commodity MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) 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%) | MCX ₹130/ Cr (0.00130%) 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 ₹275/Cr (0.00275%) (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%

Definedge Securities Vs Elite Wealth - Margin (Exposure)

Definedge 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))

Definedge Securities Vs Elite Wealth - Features

Definedge 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software 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
Direct Mutual Fund

Definedge Securities Vs Elite Wealth - Review & Rating

Definedge Securities Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Definedge Securities Vs Elite Wealth - Request a call back from Broker

Definedge Securities Elite Wealth

Definedge Securities Vs Elite Wealth - Investment Options

Definedge Securities Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Definedge Securities Vs Elite Wealth - Order Type

Definedge Securities Elite Wealth
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Definedge Securities Vs Elite Wealth - Research & Report

Definedge Securities Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Definedge Securities Vs Elite Wealth - Daily Market Report

Definedge Securities Elite Wealth
Daily Market Reports & News

Definedge Securities Vs Elite Wealth - Suitable For Investor

Definedge Securities Elite Wealth
Casual Investor
Active Investor
Trader

Definedge Securities Vs Elite Wealth - Pros & Cons

Definedge Securities Elite Wealth
Pros 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. 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.

Definedge Securities Vs Elite Wealth - Background

Definedge Securities Elite Wealth

Definedge Securities Vs Elite Wealth - Compare All Brokers

Definedge Securities Elite Wealth

Definedge Securities Vs Elite Wealth - STT/CTT

Definedge 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 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

Definedge Securities Vs Elite Wealth - Demat transaction charges

Definedge Securities Elite Wealth
Equity Demat Transaction Charges ₹0 (Free) No Charges

Definedge Securities Vs Elite Wealth - GST

Definedge Securities Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% on (Brokerage + Transaction Charge)

Definedge Securities Vs Elite Wealth - SEBI Charges

Definedge Securities Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Definedge Securities Vs Elite Wealth - Account Opening & AMC Charges

Definedge Securities
Elite Wealth
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
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
₹300 AMC
₹0 (Free)
 

Definedge Securities Vs Elite Wealth

Definedge Securities Elite Wealth
 

Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms

Read more..

Elite Wealth Review | Products and Trading Platforms 

Read more..

 
 

Elite Wealth

Definedge Securities Vs Elite Wealth - Brokerage charges & Plans

Definedge Securities Elite Wealth
Commodity Futures 0.03% or ₹18 per executed order whichever is lower 0.03%
Currency Futures 0.03% or ₹18 per executed order whichever is lower 0.03%
Equity Delivery ₹0 (Free) 0.33%
Equity Options ₹18 per executed order ₹33 per Lot
Commodity Options ₹18 per executed order 0.03%
Equity Futures 0.03% or ₹18 per executed order whichever is lower 0.03%
Currency Options ₹18 per executed order ₹33 per Lot
Fixed Charges ₹18 per executed order 0.03%
Equity Intraday 0.03% or ₹ 18 per executed order whichever is lower 0.03%

Definedge Securities Vs Elite Wealth - Margin (Exposure)

Definedge 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))

Definedge Securities Vs Elite Wealth - Other Charges

Definedge Securities Elite Wealth
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹36/- per order ₹0 (Free)
Other Brokerage Charges ₹18 per executed order 0.03%
Minimum Brokerage ₹18 per executed order 0.03%

Definedge Securities Vs Elite Wealth - STT/CTT

Definedge 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 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

Definedge Securities Vs Elite Wealth - Demat transaction charges

Definedge Securities Elite Wealth
Equity Demat Transaction Charges ₹0 (Free) No Charges

Definedge Securities Vs Elite Wealth - GST

Definedge Securities Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% on (Brokerage + Transaction Charge)

Definedge Securities Vs Elite Wealth - SEBI Charges

Definedge Securities Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Definedge Securities Vs Elite Wealth - Features

Definedge 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software 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
Direct Mutual Fund

Definedge Securities

Elite Wealth