Elite Wealth Vs Parim Finserv
Elite Wealth
Parim Finserv
Parim Finserv 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 Parim Finserv - Broker Details
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | N/A |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX. |
| Branches | N/A | 146 |
| Brokerage | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs Parim Finserv - Account Opening & AMC Charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| 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 | ₹1375/- Lifetime AMC |
| Trading Account AMC | ₹0 (Free) | NA |
Elite Wealth Vs Parim Finserv - Brokerage charges & Plans
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | 0.33% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹33 per Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹33 per Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Elite Wealth Vs Parim Finserv - Other Charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Elite Wealth Vs Parim Finserv - Transaction Charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 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% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.050% |
| 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 | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: Exchange txn charge: 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% | BSE: 0.00375% | NSE: 0.00325% |
Elite Wealth Vs Parim Finserv - Margin (Exposure)
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Features
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Parim Finserv - Review & Rating
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Parim Finserv - Request a call back from Broker
| Elite Wealth | Parim Finserv | |
|---|---|---|
Elite Wealth Vs Parim Finserv - Investment Options
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Order Type
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Research & Report
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Daily Market Report
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Parim Finserv - Suitable For Investor
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Parim Finserv - Pros & Cons
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. |
| 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. |
Elite Wealth Vs Parim Finserv - Background
| Elite Wealth | Parim Finserv | |
|---|---|---|
Elite Wealth Vs Parim Finserv - Compare All Brokers
| Elite Wealth | Parim Finserv | |
|---|---|---|
Elite Wealth Vs Parim Finserv - STT/CTT
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Parim Finserv - Demat transaction charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹20 + Gst per scrip only on sell |
Elite Wealth Vs Parim Finserv - GST
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on ( Brokerage + Transaction Charge) |
Elite Wealth Vs Parim Finserv - SEBI Charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Elite Wealth Vs Parim Finserv - Account Opening & AMC Charges
Elite Wealth
Parim Finserv
Trading Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
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
₹1375/- Lifetime AMC
Trading Account AMC
₹0 (Free)
NA
Elite Wealth Vs Parim Finserv
| Elite Wealth | Parim Finserv | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Parim Finserve Account Opening Charges |
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Parim Finserv
Parim Finserv 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 Parim Finserv - Brokerage charges & Plans
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | 0.33% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹33 per Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹33 per Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Elite Wealth Vs Parim Finserv - Margin (Exposure)
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Other Charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | 0.03% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Elite Wealth Vs Parim Finserv - STT/CTT
| Elite Wealth | Parim Finserv | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Parim Finserv - Demat transaction charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹20 + Gst per scrip only on sell |
Elite Wealth Vs Parim Finserv - GST
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on ( Brokerage + Transaction Charge) |
Elite Wealth Vs Parim Finserv - SEBI Charges
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Elite Wealth Vs Parim Finserv - Features
| Elite Wealth | Parim Finserv | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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