STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Elite Wealth VS Finwave)

 
 

Elite Wealth Vs Finwave

Elite Wealth


Finwave
Finwave 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 Finwave - Broker Details

Elite Wealth Finwave
Single Margin Facility
Year of Incorporation 1990 2014
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches N/A 25
Brokerage 0.03% ₹20 per order
Broker Type Full Service Broker Full Service Broker

Elite Wealth Vs Finwave - Account Opening & AMC Charges

Elite Wealth Finwave
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 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC ₹0 (Free) 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly

Elite Wealth Vs Finwave - Brokerage charges & Plans

Elite Wealth Finwave
Commodity Futures 0.03% ₹20 per order
Currency Futures 0.03% ₹20 per order
Equity Delivery 0.33% ₹20 per order
Equity Options ₹33 per Lot ₹20 per order
Commodity Options 0.03% ₹20 per order
Equity Futures 0.03% ₹20 per order
Currency Options ₹33 per Lot ₹20 per order
Fixed Charges 0.03% ₹20 per order
Equity Intraday 0.03% ₹20 per order

Elite Wealth Vs Finwave - Other Charges

Elite Wealth Finwave
RMS Square Off Charge ₹0 (Free) ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges 0.03% ₹20 per order
Minimum Brokerage 0.03% ₹20 per order

Elite Wealth Vs Finwave - Transaction Charges

Elite Wealth Finwave
Currency Options NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% BSE: 0.001% | NSE: 0.035%
Equity Futures NSE: 0.00195% on Total Turnover value NSE: 0.002%
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% BSE: 0.00345% | NSE: 0.00345%
Equity Options NSE: 0.053% on Premium value NSE: 0.053%
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 0.0026%
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% BSE: 0.00345% | NSE: 0.00345%

Elite Wealth Vs Finwave - Margin (Exposure)

Elite Wealth Finwave
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))

Elite Wealth Vs Finwave - Features

Elite Wealth Finwave
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:- 3:20pm | Currency: 4:30PM | 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. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund

Elite Wealth Vs Finwave - Review & Rating

Elite Wealth Finwave
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Elite Wealth Vs Finwave - Request a call back from Broker

Elite Wealth Finwave

Elite Wealth Vs Finwave - Investment Options

Elite Wealth Finwave
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Elite Wealth Vs Finwave - Order Type

Elite Wealth Finwave
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Elite Wealth Vs Finwave - Research & Report

Elite Wealth Finwave
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Elite Wealth Vs Finwave - Daily Market Report

Elite Wealth Finwave
Daily Market Reports & News

Elite Wealth Vs Finwave - Suitable For Investor

Elite Wealth Finwave
Casual Investor
Active Investor
Trader

Elite Wealth Vs Finwave - Pros & Cons

Elite Wealth Finwave
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. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees.
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. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses.

Elite Wealth Vs Finwave - Background

Elite Wealth Finwave

Elite Wealth Vs Finwave - Compare All Brokers

Elite Wealth Finwave

Elite Wealth Vs Finwave - STT/CTT

Elite Wealth Finwave
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 buy & 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 Finwave - Demat transaction charges

Elite Wealth Finwave
Equity Demat Transaction Charges No Charges ₹18.5 + GST per scrip

Elite Wealth Vs Finwave - GST

Elite Wealth Finwave
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Elite Wealth Vs Finwave - SEBI Charges

Elite Wealth Finwave
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Elite Wealth Vs Finwave - Account Opening & AMC Charges

Elite Wealth
Finwave
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
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC
₹0 (Free)
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
 

Elite Wealth Vs Finwave

Elite Wealth Finwave
 

Elite Wealth Review | Products and Trading Platforms 

Read more..

Finwave Account Opening Process and Charges Details

Read more..

 
 

Finwave
Finwave 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 Finwave - Brokerage charges & Plans

Elite Wealth Finwave
Commodity Futures 0.03% ₹20 per order
Currency Futures 0.03% ₹20 per order
Equity Delivery 0.33% ₹20 per order
Equity Options ₹33 per Lot ₹20 per order
Commodity Options 0.03% ₹20 per order
Equity Futures 0.03% ₹20 per order
Currency Options ₹33 per Lot ₹20 per order
Fixed Charges 0.03% ₹20 per order
Equity Intraday 0.03% ₹20 per order

Elite Wealth Vs Finwave - Margin (Exposure)

Elite Wealth Finwave
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))

Elite Wealth Vs Finwave - Other Charges

Elite Wealth Finwave
RMS Square Off Charge ₹0 (Free) ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges 0.03% ₹20 per order
Minimum Brokerage 0.03% ₹20 per order

Elite Wealth Vs Finwave - STT/CTT

Elite Wealth Finwave
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 buy & 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 Finwave - Demat transaction charges

Elite Wealth Finwave
Equity Demat Transaction Charges No Charges ₹18.5 + GST per scrip

Elite Wealth Vs Finwave - GST

Elite Wealth Finwave
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Elite Wealth Vs Finwave - SEBI Charges

Elite Wealth Finwave
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Elite Wealth Vs Finwave - Features

Elite Wealth Finwave
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:- 3:20pm | Currency: 4:30PM | 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. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund

Elite Wealth

Finwave