Elite Wealth Vs Balaji Equities Ltd
Elite Wealth
Balaji Equities Ltd
Balaji Equities Ltd 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 Balaji Equities Ltd - Broker Details
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Single Margin Facility |
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Yes |
| Year of Incorporation | 1990 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX |
| Branches | N/A | N/A |
| Brokerage | 0.03% | 2.5% |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs Balaji Equities Ltd - Account Opening & AMC Charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹500/- |
| 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 |
| Trading Account AMC | ₹0 (Free) | NA |
Elite Wealth Vs Balaji Equities Ltd - Brokerage charges & Plans
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | 0.03% | 2.5% |
| Currency Futures | 0.03% | 2.5% |
| Equity Delivery | 0.33% | N/A |
| Equity Options | ₹33 per Lot | ₹100/Lot |
| Commodity Options | 0.03% | ₹100/Lot |
| Equity Futures | 0.03% | ₹100/Lot |
| Currency Options | ₹33 per Lot | ₹100/Lot |
| Fixed Charges | 0.03% | 2.5% |
| Equity Intraday | 0.03% | 2.5% |
Elite Wealth Vs Balaji Equities Ltd - Other Charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | 2.5% |
| Minimum Brokerage | 0.03% | 2.5% |
Elite Wealth Vs Balaji Equities Ltd - Transaction Charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE : 0.046% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.01% on Sell 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 : 0.00325% | BSE : 0.00275% |
| Equity Options | NSE: 0.053% on Premium value | 0.05% on Sell Side(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 | MCX : 0.00260% | NCDEX : 0.00400% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE : 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 : 0.00325% | BSE : 0.00275% |
Elite Wealth Vs Balaji Equities Ltd - Margin (Exposure)
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Balaji Equities Ltd - Features
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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 Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Balaji Equities Ltd - Review & Rating
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Balaji Equities Ltd - Request a call back from Broker
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
Elite Wealth Vs Balaji Equities Ltd - Investment Options
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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 Balaji Equities Ltd - Order Type
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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 Balaji Equities Ltd - Research & Report
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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 Balaji Equities Ltd - Daily Market Report
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Balaji Equities Ltd - Suitable For Investor
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Balaji Equities Ltd - Pros & Cons
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. |
| 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 Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. |
Elite Wealth Vs Balaji Equities Ltd - Background
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
Elite Wealth Vs Balaji Equities Ltd - Compare All Brokers
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
Elite Wealth Vs Balaji Equities Ltd - STT/CTT
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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 Balaji Equities Ltd - Demat transaction charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹50 per order |
Elite Wealth Vs Balaji Equities Ltd - GST
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
Elite Wealth Vs Balaji Equities Ltd - SEBI Charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Elite Wealth Vs Balaji Equities Ltd - Account Opening & AMC Charges
Elite Wealth
Balaji Equities Ltd
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹500/-
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
Trading Account AMC
₹0 (Free)
NA
Elite Wealth Vs Balaji Equities Ltd
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Balaji Equities Ltd Account Opening Process and Charges Detail |
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Balaji Equities Ltd
Balaji Equities Ltd 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 Balaji Equities Ltd - Brokerage charges & Plans
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | 0.03% | 2.5% |
| Currency Futures | 0.03% | 2.5% |
| Equity Delivery | 0.33% | N/A |
| Equity Options | ₹33 per Lot | ₹100/Lot |
| Commodity Options | 0.03% | ₹100/Lot |
| Equity Futures | 0.03% | ₹100/Lot |
| Currency Options | ₹33 per Lot | ₹100/Lot |
| Fixed Charges | 0.03% | 2.5% |
| Equity Intraday | 0.03% | 2.5% |
Elite Wealth Vs Balaji Equities Ltd - Margin (Exposure)
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Balaji Equities Ltd - Other Charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | 2.5% |
| Minimum Brokerage | 0.03% | 2.5% |
Elite Wealth Vs Balaji Equities Ltd - STT/CTT
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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 Balaji Equities Ltd - Demat transaction charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹50 per order |
Elite Wealth Vs Balaji Equities Ltd - GST
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
Elite Wealth Vs Balaji Equities Ltd - SEBI Charges
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Elite Wealth Vs Balaji Equities Ltd - Features
| Elite Wealth | Balaji Equities Ltd | |
|---|---|---|
| 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 Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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