Elite Wealth Vs Fisdom
Elite Wealth
Fisdom
Fisdom 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 Fisdom - Broker Details
| Elite Wealth | Fisdom | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, and NCDEX |
| Branches | N/A | 15+ |
| Brokerage | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs Fisdom - Account Opening & AMC Charges
| Elite Wealth | Fisdom | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹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 | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
Elite Wealth Vs Fisdom - Brokerage charges & Plans
| Elite Wealth | Fisdom | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | 0.33% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹33 per Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹33 per Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Elite Wealth Vs Fisdom - Other Charges
| Elite Wealth | Fisdom | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Elite Wealth Vs Fisdom - Transaction Charges
| Elite Wealth | Fisdom | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.053% (on premium) |
| 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% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.053% (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 | N/A |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.002% |
| 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: 0.00345% | BSE: 0.00345% |
Elite Wealth Vs Fisdom - Margin (Exposure)
| Elite Wealth | Fisdom | |
|---|---|---|
| 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 Fisdom - Features
| Elite Wealth | Fisdom | |
|---|---|---|
| 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: 4:20 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. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Fisdom - Review & Rating
| Elite Wealth | Fisdom | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Fisdom - Request a call back from Broker
| Elite Wealth | Fisdom | |
|---|---|---|
Elite Wealth Vs Fisdom - Investment Options
| Elite Wealth | Fisdom | |
|---|---|---|
| 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 Fisdom - Order Type
| Elite Wealth | Fisdom | |
|---|---|---|
| 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 Fisdom - Research & Report
| Elite Wealth | Fisdom | |
|---|---|---|
| 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 Fisdom - Daily Market Report
| Elite Wealth | Fisdom | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Fisdom - Suitable For Investor
| Elite Wealth | Fisdom | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Fisdom - Pros & Cons
| Elite Wealth | Fisdom | |
|---|---|---|
| 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 trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. |
| 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. |
Elite Wealth Vs Fisdom - Background
| Elite Wealth | Fisdom | |
|---|---|---|
Elite Wealth Vs Fisdom - Compare All Brokers
| Elite Wealth | Fisdom | |
|---|---|---|
Elite Wealth Vs Fisdom - STT/CTT
| Elite Wealth | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
Elite Wealth Vs Fisdom - Demat transaction charges
| Elite Wealth | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹15 per scrip per day |
Elite Wealth Vs Fisdom - GST
| Elite Wealth | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs Fisdom - SEBI Charges
| Elite Wealth | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Fisdom - Account Opening & AMC Charges
Elite Wealth
Fisdom
Trading Account Opening Charge
₹0 (Free)
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹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
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
Trading Account AMC
₹0 (Free)
NA
Elite Wealth Vs Fisdom
| Elite Wealth | Fisdom | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Fisdom Account Opening Process and Charge Details |
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Fisdom
Fisdom 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 Fisdom - Brokerage charges & Plans
| Elite Wealth | Fisdom | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | 0.33% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹33 per Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹33 per Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Elite Wealth Vs Fisdom - Margin (Exposure)
| Elite Wealth | Fisdom | |
|---|---|---|
| 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 Fisdom - Other Charges
| Elite Wealth | Fisdom | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Elite Wealth Vs Fisdom - STT/CTT
| Elite Wealth | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
Elite Wealth Vs Fisdom - Demat transaction charges
| Elite Wealth | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹15 per scrip per day |
Elite Wealth Vs Fisdom - GST
| Elite Wealth | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs Fisdom - SEBI Charges
| Elite Wealth | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Fisdom - Features
| Elite Wealth | Fisdom | |
|---|---|---|
| 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: 4:20 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. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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