Elite Wealth Vs Farsight Securities
Elite Wealth
Farsight Securities
Farsight Securities 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 Farsight Securities - Broker Details
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 | 7 |
| Brokerage | 0.03% | 0.04% |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs Farsight Securities - Account Opening & AMC Charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 | Up to ₹1000 |
| Trading Account AMC | ₹0 (Free) | N/A |
Elite Wealth Vs Farsight Securities - Brokerage charges & Plans
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.04% |
| Equity Delivery | 0.33% | 0.35% |
| Equity Options | ₹33 per Lot | ₹75 per Lot |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | 0.04% |
| Currency Options | ₹33 per Lot | ₹50 per Lot |
| Fixed Charges | 0.03% | 0.04% |
| Equity Intraday | 0.03% | 0.04% |
Elite Wealth Vs Farsight Securities - Other Charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/- |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/- |
| Other Brokerage Charges | 0.03% | 0.04% |
| Minimum Brokerage | 0.03% | 0.04% |
Elite Wealth Vs Farsight Securities - Transaction Charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | 0.00325% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.00325% |
| 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 | 0.00325% |
| 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 | 0.00325% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | 0.00325% |
| 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 Farsight Securities - Margin (Exposure)
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 (no margin) |
| 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) |
Elite Wealth Vs Farsight Securities - Features
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Farsight Securities - Review & Rating
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Farsight Securities - Request a call back from Broker
| Elite Wealth | Farsight Securities | |
|---|---|---|
Elite Wealth Vs Farsight Securities - Investment Options
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Order Type
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Research & Report
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Daily Market Report
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Farsight Securities - Suitable For Investor
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Farsight Securities - Pros & Cons
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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.User-Friendly Platform 2.All-in-One Financial App 3. It is a trustworthy broker serving its services since 2006. 4. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Farsight Securities primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Elite Wealth Vs Farsight Securities - Background
| Elite Wealth | Farsight Securities | |
|---|---|---|
Elite Wealth Vs Farsight Securities - Compare All Brokers
| Elite Wealth | Farsight Securities | |
|---|---|---|
Elite Wealth Vs Farsight Securities - STT/CTT
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Demat transaction charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹20 + Gst per scrip only on sell |
Elite Wealth Vs Farsight Securities - GST
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Farsight Securities - SEBI Charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Farsight Securities - Account Opening & AMC Charges
Elite Wealth
Farsight Securities
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
Up to ₹1000
Trading Account AMC
₹0 (Free)
N/A
Elite Wealth Vs Farsight Securities
| Elite Wealth | Farsight Securities | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Farsight Securities Account Opening Process, Charges, and Details |
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Farsight Securities
Farsight Securities 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 Farsight Securities - Brokerage charges & Plans
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.04% |
| Equity Delivery | 0.33% | 0.35% |
| Equity Options | ₹33 per Lot | ₹75 per Lot |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | 0.04% |
| Currency Options | ₹33 per Lot | ₹50 per Lot |
| Fixed Charges | 0.03% | 0.04% |
| Equity Intraday | 0.03% | 0.04% |
Elite Wealth Vs Farsight Securities - Margin (Exposure)
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 (no margin) |
| 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) |
Elite Wealth Vs Farsight Securities - Other Charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/- |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/- |
| Other Brokerage Charges | 0.03% | 0.04% |
| Minimum Brokerage | 0.03% | 0.04% |
Elite Wealth Vs Farsight Securities - STT/CTT
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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 Farsight Securities - Demat transaction charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹20 + Gst per scrip only on sell |
Elite Wealth Vs Farsight Securities - GST
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Farsight Securities - SEBI Charges
| Elite Wealth | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Farsight Securities - Features
| Elite Wealth | Farsight Securities | |
|---|---|---|
| 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. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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