STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (DPTradeKing VS Elite Wealth)

 
 

DPTradeKing Vs Elite Wealth

DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Elite Wealth

DPTradeKing Vs Elite Wealth - Broker Details

DPTradeKing Elite Wealth
Single Margin Facility
Year of Incorporation 2016 1990
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Branches N/A N/A
Brokerage 0.05% per order 0.03%
Broker Type Full Service Broker Full Service Broker

DPTradeKing Vs Elite Wealth - Account Opening & AMC Charges

DPTradeKing Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (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 ₹0 (Free) ₹0 (Free)

DPTradeKing Vs Elite Wealth - Brokerage charges & Plans

DPTradeKing Elite Wealth
Commodity Futures N/A 0.03%
Currency Futures 0.05% per order 0.03%
Equity Delivery 0.50% per order 0.33%
Equity Options ₹50 per lot ₹33 per Lot
Commodity Options N/A 0.03%
Equity Futures 0.05% per order 0.03%
Currency Options ₹50 per lot ₹33 per Lot
Fixed Charges 0.05% per order 0.03%
Equity Intraday 0.05% per order 0.03%

DPTradeKing Vs Elite Wealth - Other Charges

DPTradeKing Elite Wealth
RMS Square Off Charge ( ₹25 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ( ₹25 + GST) ₹0 (Free)
Other Brokerage Charges 0.05% per order 0.03%
Minimum Brokerage 0.05% per order 0.03%

DPTradeKing Vs Elite Wealth - Transaction Charges

DPTradeKing Elite Wealth
Currency Options 0.035% of Premium Value in case of Option Segment NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE: 0.00195% on Total Turnover value
Equity Intraday 0.00345% Of Total Turnover value 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: Exchange turnover charge: 0.053% | Clearing charge: 0.005% 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 0.00090% of Total Future Turnover value NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 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%

DPTradeKing Vs Elite Wealth - Margin (Exposure)

DPTradeKing 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))

DPTradeKing Vs Elite Wealth - Features

DPTradeKing 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator 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
Direct Mutual Fund

DPTradeKing Vs Elite Wealth - Review & Rating

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

DPTradeKing Vs Elite Wealth - Request a call back from Broker

DPTradeKing Elite Wealth

DPTradeKing Vs Elite Wealth - Investment Options

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

DPTradeKing Vs Elite Wealth - Order Type

DPTradeKing 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

DPTradeKing Vs Elite Wealth - Research & Report

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

DPTradeKing Vs Elite Wealth - Daily Market Report

DPTradeKing Elite Wealth
Daily Market Reports & News

DPTradeKing Vs Elite Wealth - Suitable For Investor

DPTradeKing Elite Wealth
Casual Investor
Active Investor
Trader

DPTradeKing Vs Elite Wealth - Pros & Cons

DPTradeKing Elite Wealth
Pros 1.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. 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.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 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.

DPTradeKing Vs Elite Wealth - Background

DPTradeKing Elite Wealth

DPTradeKing Vs Elite Wealth - Compare All Brokers

DPTradeKing Elite Wealth

DPTradeKing Vs Elite Wealth - STT/CTT

DPTradeKing Elite Wealth
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on Sell
Equity Options 0.05% only on sell 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & Sell
Equity Futures 0.01% only on sell 0.01 % on Sell
Commodity Options 0.05% on sell trade 0.05% on Sell Side

DPTradeKing Vs Elite Wealth - Demat transaction charges

DPTradeKing Elite Wealth
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) No Charges

DPTradeKing Vs Elite Wealth - GST

DPTradeKing Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)

DPTradeKing Vs Elite Wealth - SEBI Charges

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

DPTradeKing Vs Elite Wealth - Account Opening & AMC Charges

DPTradeKing
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (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
₹0 (Free)
₹0 (Free)
 

DPTradeKing Vs Elite Wealth

DPTradeKing Elite Wealth
 

DPTradeKing Account Opening Process and Charges Details 

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Elite Wealth Review | Products and Trading Platforms 

Read more..

 
 

Elite Wealth

DPTradeKing Vs Elite Wealth - Brokerage charges & Plans

DPTradeKing Elite Wealth
Commodity Futures N/A 0.03%
Currency Futures 0.05% per order 0.03%
Equity Delivery 0.50% per order 0.33%
Equity Options ₹50 per lot ₹33 per Lot
Commodity Options N/A 0.03%
Equity Futures 0.05% per order 0.03%
Currency Options ₹50 per lot ₹33 per Lot
Fixed Charges 0.05% per order 0.03%
Equity Intraday 0.05% per order 0.03%

DPTradeKing Vs Elite Wealth - Margin (Exposure)

DPTradeKing 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))

DPTradeKing Vs Elite Wealth - Other Charges

DPTradeKing Elite Wealth
RMS Square Off Charge ( ₹25 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ( ₹25 + GST) ₹0 (Free)
Other Brokerage Charges 0.05% per order 0.03%
Minimum Brokerage 0.05% per order 0.03%

DPTradeKing Vs Elite Wealth - STT/CTT

DPTradeKing Elite Wealth
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on Sell
Equity Options 0.05% only on sell 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & Sell
Equity Futures 0.01% only on sell 0.01 % on Sell
Commodity Options 0.05% on sell trade 0.05% on Sell Side

DPTradeKing Vs Elite Wealth - Demat transaction charges

DPTradeKing Elite Wealth
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) No Charges

DPTradeKing Vs Elite Wealth - GST

DPTradeKing Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)

DPTradeKing Vs Elite Wealth - SEBI Charges

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

DPTradeKing Vs Elite Wealth - Features

DPTradeKing 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator 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
Direct Mutual Fund

DPTradeKing

Elite Wealth