Elite Wealth Vs Paytm Money
Elite Wealth
Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Elite Wealth Vs Paytm Money - Broker Details
| Elite Wealth | Paytm Money | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 2018 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE |
| Branches | N/A | Zero |
| Brokerage | 0.03% | ₹15/ Order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Account Opening & AMC Charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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 | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Brokerage charges & Plans
| Elite Wealth | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | N/A |
| Equity Delivery | 0.33% | 2.5% or ₹15/Order |
| Equity Options | ₹33 per Lot | ₹15/ Order |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | ₹15/ Order or 0.02% (whichever is lower) |
| Currency Options | ₹33 per Lot | N/A |
| Fixed Charges | 0.03% | ₹15/ Order |
| Equity Intraday | 0.03% | ₹15/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Other Charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹100/ Order |
| Other Brokerage Charges | 0.03% | ₹15/ Order |
| Minimum Brokerage | 0.03% | ₹15/ Order |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Transaction Charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | N/A |
| 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% of turnover | BSE- 0.00345% of turnover |
| Equity Options | NSE: 0.053% on Premium value | 0.053% on Option 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% | N/A |
| 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% of turnover | BSE- 0.00345% of turnover |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Margin (Exposure)
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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)) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Features
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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:- 3:10 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Elite Wealth Vs Paytm Money - Review & Rating
| Elite Wealth | Paytm Money | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Request a call back from Broker
| Elite Wealth | Paytm Money | |
|---|---|---|
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Investment Options
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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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| Call Back Open Account |
Elite Wealth Vs Paytm Money - Order Type
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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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| Call Back Open Account |
Elite Wealth Vs Paytm Money - Research & Report
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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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| Call Back Open Account |
Elite Wealth Vs Paytm Money - Daily Market Report
| Elite Wealth | Paytm Money | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Elite Wealth Vs Paytm Money - Suitable For Investor
| Elite Wealth | Paytm Money | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Elite Wealth Vs Paytm Money - Pros & Cons
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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. Simple and user friendly Trading Platform 2. Lowest trading charges and free Equity delivery 3. No maintenance Charges 4. Instant Account open 5. You can invest in digital gold, Mutual Fund and NPS |
| 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. Zero Margin Facility 2. Paytm Money do not offer NRI Trading 3. Commodity and Currency trading are not Available in Paytm Money 4. There is no Branch Support |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Background
| Elite Wealth | Paytm Money | |
|---|---|---|
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Compare All Brokers
| Elite Wealth | Paytm Money | |
|---|---|---|
| Call Back Open Account |
Elite Wealth Vs Paytm Money - STT/CTT
| Elite Wealth | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | N/A |
| Currency Futures | No STT | N/A |
| 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 | N/A |
| 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 | N/A |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Demat transaction charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹13.5 + GST per scrip only on sell |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - GST
| Elite Wealth | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - SEBI Charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Account Opening & AMC Charges
Elite Wealth
Paytm Money
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
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs Paytm Money
| Elite Wealth | Paytm Money | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Paytm Money Review | Brokerage Charges, Account OpeningPaytm announced its entry into stockbroking through the launch of Paytm Money. The discount broker Paytm Money is an online investment and advisory platform targeted at first-time users. It’s a subsidiary of Noida-based One97 Communications, the company that owns Paytm, and is India’s largest digital payment platfo .. |
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Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Elite Wealth Vs Paytm Money - Brokerage charges & Plans
| Elite Wealth | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | N/A |
| Equity Delivery | 0.33% | 2.5% or ₹15/Order |
| Equity Options | ₹33 per Lot | ₹15/ Order |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | ₹15/ Order or 0.02% (whichever is lower) |
| Currency Options | ₹33 per Lot | N/A |
| Fixed Charges | 0.03% | ₹15/ Order |
| Equity Intraday | 0.03% | ₹15/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Margin (Exposure)
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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)) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Elite Wealth Vs Paytm Money - Other Charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹100/ Order |
| Other Brokerage Charges | 0.03% | ₹15/ Order |
| Minimum Brokerage | 0.03% | ₹15/ Order |
Elite Wealth Vs Paytm Money - STT/CTT
| Elite Wealth | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | N/A |
| Currency Futures | No STT | N/A |
| 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 | N/A |
| 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 | N/A |
Elite Wealth Vs Paytm Money - Demat transaction charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹13.5 + GST per scrip only on sell |
Elite Wealth Vs Paytm Money - GST
| Elite Wealth | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs Paytm Money - SEBI Charges
| Elite Wealth | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Paytm Money - Features
| Elite Wealth | Paytm Money | |
|---|---|---|
| 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:- 3:10 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |