Elite Wealth Vs Adroit Financial
Elite Wealth
Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Elite Wealth Vs Adroit Financial - Broker Details
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 1994 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 4 |
| Brokerage | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs Adroit Financial - Account Opening & AMC Charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 | ₹300 per Year | ₹1000 for Lifetime |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs Adroit Financial - Brokerage charges & Plans
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Commodity Futures | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | 0.33% | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | ₹33 per Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | 0.03% | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | ₹33 per Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Elite Wealth Vs Adroit Financial - Other Charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Elite Wealth Vs Adroit Financial - Transaction Charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE ₹4400/Cr (0.044%) (on premium) |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) |
| 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 ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
| Equity Options | NSE: 0.053% on Premium value | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) |
| 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 | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE ₹135/Cr (0.00135%) |
| 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 ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
Elite Wealth Vs Adroit Financial - Margin (Exposure)
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 Adroit Financial - Features
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 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. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Adroit Financial - Review & Rating
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Adroit Financial - Request a call back from Broker
| Elite Wealth | Adroit Financial | |
|---|---|---|
Elite Wealth Vs Adroit Financial - Investment Options
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 Adroit Financial - Order Type
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 Adroit Financial - Research & Report
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 Adroit Financial - Daily Market Report
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Adroit Financial - Suitable For Investor
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Adroit Financial - Pros & Cons
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its customers. |
| 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. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. |
Elite Wealth Vs Adroit Financial - Background
| Elite Wealth | Adroit Financial | |
|---|---|---|
Elite Wealth Vs Adroit Financial - Compare All Brokers
| Elite Wealth | Adroit Financial | |
|---|---|---|
Elite Wealth Vs Adroit Financial - STT/CTT
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Adroit Financial - Demat transaction charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹20 + Gst per scrip only on sell |
Elite Wealth Vs Adroit Financial - GST
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Adroit Financial - SEBI Charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Adroit Financial - Account Opening & AMC Charges
Elite Wealth
Adroit Financial
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
₹300 per Year | ₹1000 for Lifetime
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs Adroit Financial
| Elite Wealth | Adroit Financial | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Adroit Financial Account Opening Process and Charges |
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Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Elite Wealth Vs Adroit Financial - Brokerage charges & Plans
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Commodity Futures | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | 0.33% | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | ₹33 per Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | 0.03% | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | ₹33 per Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Elite Wealth Vs Adroit Financial - Margin (Exposure)
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 Adroit Financial - Other Charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | 0.03% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Elite Wealth Vs Adroit Financial - STT/CTT
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Adroit Financial - Demat transaction charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹20 + Gst per scrip only on sell |
Elite Wealth Vs Adroit Financial - GST
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Adroit Financial - SEBI Charges
| Elite Wealth | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Adroit Financial - Features
| Elite Wealth | Adroit Financial | |
|---|---|---|
| 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:- 3:15 PM | 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. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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