Elite Wealth Vs Reliance Securities
Elite Wealth
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Elite Wealth Vs Reliance Securities - Broker Details
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 2005 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | N/A | 80+ |
| Brokerage | 0.03% | 0.05% |
| Broker Type | Full Service Broker | Full service Broker |
Elite Wealth Vs Reliance Securities - Account Opening & AMC Charges
| Elite Wealth | Reliance 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 | ₹2500/- life time free |
| Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
Elite Wealth Vs Reliance Securities - Brokerage charges & Plans
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Commodity Futures | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | 0.33% | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹33 per Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | 0.03% | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹33 per Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Elite Wealth Vs Reliance Securities - Other Charges
| Elite Wealth | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | 0.03% | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | 0.03% | 0.05% |
Elite Wealth Vs Reliance Securities - Transaction Charges
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.04174% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.0009% | BSE: 0.0005% |
| 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: 0.0032% | BSE: 0.003% |
| Equity Options | NSE: 0.053% on Premium value | NSE:0.05% | BSE:0.0005% (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 | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| 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% |
| 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: 0.0032% | BSE: 0.00275% |
Elite Wealth Vs Reliance Securities - Margin (Exposure)
| Elite Wealth | Reliance 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Features
| Elite Wealth | Reliance 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 & F&O:- 3:10 PM | 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 | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Reliance Securities - Review & Rating
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Reliance Securities - Request a call back from Broker
| Elite Wealth | Reliance Securities | |
|---|---|---|
Elite Wealth Vs Reliance Securities - Investment Options
| Elite Wealth | Reliance 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 Reliance Securities - Order Type
| Elite Wealth | Reliance 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 Reliance Securities - Research & Report
| Elite Wealth | Reliance 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 Reliance Securities - Daily Market Report
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Reliance Securities - Suitable For Investor
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Reliance Securities - Pros & Cons
| Elite Wealth | Reliance 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. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum 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. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. |
Elite Wealth Vs Reliance Securities - Background
| Elite Wealth | Reliance Securities | |
|---|---|---|
Elite Wealth Vs Reliance Securities - Compare All Brokers
| Elite Wealth | Reliance Securities | |
|---|---|---|
Elite Wealth Vs Reliance Securities - STT/CTT
| Elite Wealth | Reliance 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 Reliance Securities - Demat transaction charges
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹27+ Gst per scrip per day only on sell |
Elite Wealth Vs Reliance Securities - GST
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Reliance Securities - SEBI Charges
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Reliance Securities - Account Opening & AMC Charges
Elite Wealth
Reliance 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
₹2500/- life time free
Trading Account AMC
₹0 (Free)
₹2500/- life time free
Elite Wealth Vs Reliance Securities
| Elite Wealth | Reliance Securities | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. |
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Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Elite Wealth Vs Reliance Securities - Brokerage charges & Plans
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Commodity Futures | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | 0.33% | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹33 per Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | 0.03% | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹33 per Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | 0.03% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Elite Wealth Vs Reliance Securities - Margin (Exposure)
| Elite Wealth | Reliance 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Other Charges
| Elite Wealth | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | 0.03% | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | 0.03% | 0.05% |
Elite Wealth Vs Reliance Securities - STT/CTT
| Elite Wealth | Reliance 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 Reliance Securities - Demat transaction charges
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹27+ Gst per scrip per day only on sell |
Elite Wealth Vs Reliance Securities - GST
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Reliance Securities - SEBI Charges
| Elite Wealth | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Reliance Securities - Features
| Elite Wealth | Reliance Securities | |
|---|---|---|
| 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 | Equity & F&O:- 3:10 PM | 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 | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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