Elite Wealth Vs Compositedge
Elite Wealth
Compositedge
Compositedge 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 Compositedge - Broker Details
| Elite Wealth | Compositedge | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | N/A | 1080 |
| Brokerage | 0.03% | ₹15 per order |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs Compositedge - Account Opening & AMC Charges
| Elite Wealth | Compositedge | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹350/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹50/- |
| 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) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs Compositedge - Brokerage charges & Plans
| Elite Wealth | Compositedge | |
|---|---|---|
| Commodity Futures | 0.03% | ₹15 per order |
| Currency Futures | 0.03% | ₹15 per order |
| Equity Delivery | 0.33% | ₹15 per order |
| Equity Options | ₹33 per Lot | ₹15 per order |
| Commodity Options | 0.03% | ₹15 per order |
| Equity Futures | 0.03% | ₹15 per order |
| Currency Options | ₹33 per Lot | ₹15 per order |
| Fixed Charges | 0.03% | ₹15 per order |
| Equity Intraday | 0.03% | ₹15 per order |
Elite Wealth Vs Compositedge - Other Charges
| Elite Wealth | Compositedge | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹250 + tax respectively. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | 0.03% | ₹15 per order |
| Minimum Brokerage | 0.03% | ₹15 per order |
Elite Wealth Vs Compositedge - Transaction Charges
| Elite Wealth | Compositedge | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | 0.035% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.0019% |
| 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% | 0.00325% |
| Equity Options | NSE: 0.053% on Premium value | 0.05000% |
| 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 | 0.05000% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | 0.0009% |
| 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% | 0.00325% |
Elite Wealth Vs Compositedge - Margin (Exposure)
| Elite Wealth | Compositedge | |
|---|---|---|
| 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) | 4x (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 Compositedge - Features
| Elite Wealth | Compositedge | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. CompositeEdge XTS App, 2. CompositeEdge XTS TWS EXE, 3. CompositeEdge TE App, 4. CompositeEdge TE Live EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Compositedge - Review & Rating
| Elite Wealth | Compositedge | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Compositedge - Request a call back from Broker
| Elite Wealth | Compositedge | |
|---|---|---|
Elite Wealth Vs Compositedge - Investment Options
| Elite Wealth | Compositedge | |
|---|---|---|
| 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 Compositedge - Order Type
| Elite Wealth | Compositedge | |
|---|---|---|
| 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 Compositedge - Research & Report
| Elite Wealth | Compositedge | |
|---|---|---|
| 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 Compositedge - Daily Market Report
| Elite Wealth | Compositedge | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Compositedge - Suitable For Investor
| Elite Wealth | Compositedge | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Compositedge - Pros & Cons
| Elite Wealth | Compositedge | |
|---|---|---|
| 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. Competitive brokerage rates, 2. Wide range of trading platforms, 3. Advanced charting and analysis tools, 4. Multiple investment options (stocks, commodities, currencies, etc, 5. User-friendly interface, 6. Excellent customer support. |
| 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. Some users may find the account opening process lengthy, 2.Inactivity fees for dormant accounts, 3. Additional charges for certain services and features, 4. Limited physical branch presence, 5. Margin requirements and leverage limitations. |
Elite Wealth Vs Compositedge - Background
| Elite Wealth | Compositedge | |
|---|---|---|
Elite Wealth Vs Compositedge - Compare All Brokers
| Elite Wealth | Compositedge | |
|---|---|---|
Elite Wealth Vs Compositedge - STT/CTT
| Elite Wealth | Compositedge | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on the sell side |
| 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) | 0.0625% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.0125% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
Elite Wealth Vs Compositedge - Demat transaction charges
| Elite Wealth | Compositedge | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹18.5 + GST per scrip |
Elite Wealth Vs Compositedge - GST
| Elite Wealth | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% On Brokerage and Transaction charges |
Elite Wealth Vs Compositedge - SEBI Charges
| Elite Wealth | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Compositedge - Account Opening & AMC Charges
Elite Wealth
Compositedge
Trading Account Opening Charge
₹0 (Free)
₹350/-
Demat Account Opening Charge
₹0 (Free)
₹50/-
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)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs Compositedge
| Elite Wealth | Compositedge | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Compositedge Review | Services, Trading Software, and Brokerage Charges |
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Compositedge
Compositedge 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 Compositedge - Brokerage charges & Plans
| Elite Wealth | Compositedge | |
|---|---|---|
| Commodity Futures | 0.03% | ₹15 per order |
| Currency Futures | 0.03% | ₹15 per order |
| Equity Delivery | 0.33% | ₹15 per order |
| Equity Options | ₹33 per Lot | ₹15 per order |
| Commodity Options | 0.03% | ₹15 per order |
| Equity Futures | 0.03% | ₹15 per order |
| Currency Options | ₹33 per Lot | ₹15 per order |
| Fixed Charges | 0.03% | ₹15 per order |
| Equity Intraday | 0.03% | ₹15 per order |
Elite Wealth Vs Compositedge - Margin (Exposure)
| Elite Wealth | Compositedge | |
|---|---|---|
| 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) | 4x (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 Compositedge - Other Charges
| Elite Wealth | Compositedge | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹250 + tax respectively. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | 0.03% | ₹15 per order |
| Minimum Brokerage | 0.03% | ₹15 per order |
Elite Wealth Vs Compositedge - STT/CTT
| Elite Wealth | Compositedge | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on the sell side |
| 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) | 0.0625% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.0125% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
Elite Wealth Vs Compositedge - Demat transaction charges
| Elite Wealth | Compositedge | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹18.5 + GST per scrip |
Elite Wealth Vs Compositedge - GST
| Elite Wealth | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% On Brokerage and Transaction charges |
Elite Wealth Vs Compositedge - SEBI Charges
| Elite Wealth | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Compositedge - Features
| Elite Wealth | Compositedge | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 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. CompositeEdge XTS App, 2. CompositeEdge XTS TWS EXE, 3. CompositeEdge TE App, 4. CompositeEdge TE Live EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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