Elite Wealth Vs Achintya
Elite Wealth
Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
Elite Wealth Vs Achintya - Broker Details
| Elite Wealth | Achintya | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX and NCDEX |
| Branches | N/A | 10 |
| Brokerage | 0.03% | As per Brokerage Plan |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs Achintya - Account Opening & AMC Charges
| Elite Wealth | Achintya | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | ₹0 (Free) First Year Free |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) First Year Free |
Elite Wealth Vs Achintya - Brokerage charges & Plans
| Elite Wealth | Achintya | |
|---|---|---|
| Commodity Futures | 0.03% | As per Brokerage Plan |
| Currency Futures | 0.03% | As per Brokerage Plan |
| Equity Delivery | 0.33% | As per Brokerage Plan |
| Equity Options | ₹33 per Lot | As per Brokerage Plan |
| Commodity Options | 0.03% | As per Brokerage Plan |
| Equity Futures | 0.03% | As per Brokerage Plan |
| Currency Options | ₹33 per Lot | As per Brokerage Plan |
| Fixed Charges | 0.03% | As per Brokerage Plan |
| Equity Intraday | 0.03% | As per Brokerage Plan |
Elite Wealth Vs Achintya - Other Charges
| Elite Wealth | Achintya | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 +GST |
| Other Brokerage Charges | 0.03% | As per Brokerage Plan |
| Minimum Brokerage | 0.03% | As per Brokerage Plan |
Elite Wealth Vs Achintya - Transaction Charges
| Elite Wealth | Achintya | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.035% | BSE: 0.001% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.0021% |
| Equity Intraday | 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% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.052% (On Premium) |
| Commodity | 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 | Futures - Exchange Txn Charges:0.0026% | Options - Exchange Txn Charges:0.006% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | 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% | NSE: 0.00345% | BSE: 0.00345% |
Elite Wealth Vs Achintya - Margin (Exposure)
| Elite Wealth | Achintya | |
|---|---|---|
| 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) |
Elite Wealth Vs Achintya - Features
| Elite Wealth | Achintya | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Achintya - Review & Rating
| Elite Wealth | Achintya | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Achintya - Request a call back from Broker
| Elite Wealth | Achintya | |
|---|---|---|
Elite Wealth Vs Achintya - Investment Options
| Elite Wealth | Achintya | |
|---|---|---|
| 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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Elite Wealth Vs Achintya - Order Type
| Elite Wealth | Achintya | |
|---|---|---|
| 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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Elite Wealth Vs Achintya - Research & Report
| Elite Wealth | Achintya | |
|---|---|---|
| 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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Elite Wealth Vs Achintya - Daily Market Report
| Elite Wealth | Achintya | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Achintya - Suitable For Investor
| Elite Wealth | Achintya | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Achintya - Pros & Cons
| Elite Wealth | Achintya | |
|---|---|---|
| Pros | 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 | 1. Experienced team of financial experts, 2. Diverse investment options, 3. Strong track record of performance, 4. Excellent customer service, 5.Advanced trading platforms. |
| Cons | 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. | 1. Limited presence in certain geographical regions, 2. Higher fees and charges compared to some competitors, 3. Potential dependency on market fluctuations, 4. Limited range of investment products compared to larger firms. |
Elite Wealth Vs Achintya - Background
| Elite Wealth | Achintya | |
|---|---|---|
Elite Wealth Vs Achintya - Compare All Brokers
| Elite Wealth | Achintya | |
|---|---|---|
Elite Wealth Vs Achintya - STT/CTT
| Elite Wealth | Achintya | |
|---|---|---|
| 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 Sell | 0.025% on Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.0625% on Sell Side (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.0125% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on Sell Side |
Elite Wealth Vs Achintya - Demat transaction charges
| Elite Wealth | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | N/A |
Elite Wealth Vs Achintya - GST
| Elite Wealth | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Elite Wealth Vs Achintya - SEBI Charges
| Elite Wealth | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / Crore |
Elite Wealth Vs Achintya - Account Opening & AMC Charges
Elite Wealth
Achintya
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
₹0 (Free) First Year Free
Trading Account AMC
₹0 (Free)
₹0 (Free) First Year Free
Elite Wealth Vs Achintya
| Elite Wealth | Achintya | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Achintya Securities Account Opening Charges and Process Details |
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Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
Elite Wealth Vs Achintya - Brokerage charges & Plans
| Elite Wealth | Achintya | |
|---|---|---|
| Commodity Futures | 0.03% | As per Brokerage Plan |
| Currency Futures | 0.03% | As per Brokerage Plan |
| Equity Delivery | 0.33% | As per Brokerage Plan |
| Equity Options | ₹33 per Lot | As per Brokerage Plan |
| Commodity Options | 0.03% | As per Brokerage Plan |
| Equity Futures | 0.03% | As per Brokerage Plan |
| Currency Options | ₹33 per Lot | As per Brokerage Plan |
| Fixed Charges | 0.03% | As per Brokerage Plan |
| Equity Intraday | 0.03% | As per Brokerage Plan |
Elite Wealth Vs Achintya - Margin (Exposure)
| Elite Wealth | Achintya | |
|---|---|---|
| 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) |
Elite Wealth Vs Achintya - Other Charges
| Elite Wealth | Achintya | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 +GST |
| Other Brokerage Charges | 0.03% | As per Brokerage Plan |
| Minimum Brokerage | 0.03% | As per Brokerage Plan |
Elite Wealth Vs Achintya - STT/CTT
| Elite Wealth | Achintya | |
|---|---|---|
| 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 Sell | 0.025% on Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.0625% on Sell Side (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.0125% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on Sell Side |
Elite Wealth Vs Achintya - Demat transaction charges
| Elite Wealth | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | N/A |
Elite Wealth Vs Achintya - GST
| Elite Wealth | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Elite Wealth Vs Achintya - SEBI Charges
| Elite Wealth | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / Crore |
Elite Wealth Vs Achintya - Features
| Elite Wealth | Achintya | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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