Elite Wealth Vs SBICAP Securities
Elite Wealth
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Elite Wealth Vs SBICAP Securities - Broker Details
| Elite Wealth | SBICAP Securities | |
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| Single Margin Facility |
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| Year of Incorporation | 1990 | 1986 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE |
| Branches | N/A | 141+ |
| Brokerage | 0.03% | 0.075% |
| Broker Type | Full Service Broker | Full service Broker |
Elite Wealth Vs SBICAP Securities - Account Opening & AMC Charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹850/- |
| 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 | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs SBICAP Securities - Brokerage charges & Plans
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.03% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.03% | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.33% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹33 per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | 0.03% | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.03% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹33 per Lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.03% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.03% | Intraday:- 0.075% | Delivery:- 0.50% |
Elite Wealth Vs SBICAP Securities - Other Charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹10/Order |
| Other Brokerage Charges | 0.03% | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.03% | ₹20/Order |
Elite Wealth Vs SBICAP Securities - Transaction Charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE:- 0.002206% ( ₹221/Crore) |
| 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: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE: 0.053% on Premium value | NSE- 0.05515% (Rs.5515/crore) |
| 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% | 0.002206% |
| 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: 0.00386% | BSE: 0.00384% |
Elite Wealth Vs SBICAP Securities - Margin (Exposure)
| Elite Wealth | SBICAP 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) | 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 SBICAP Securities - Features
| Elite Wealth | SBICAP 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:- 3:20pm | 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. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs SBICAP Securities - Review & Rating
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs SBICAP Securities - Request a call back from Broker
| Elite Wealth | SBICAP Securities | |
|---|---|---|
Elite Wealth Vs SBICAP Securities - Investment Options
| Elite Wealth | SBICAP Securities | |
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| 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 SBICAP Securities - Order Type
| Elite Wealth | SBICAP Securities | |
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| 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 SBICAP Securities - Research & Report
| Elite Wealth | SBICAP 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 SBICAP Securities - Daily Market Report
| Elite Wealth | SBICAP Securities | |
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| Daily Market Reports & News |
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Elite Wealth Vs SBICAP Securities - Suitable For Investor
| Elite Wealth | SBICAP Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs SBICAP Securities - Pros & Cons
| Elite Wealth | SBICAP 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. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. |
| 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. |
Elite Wealth Vs SBICAP Securities - Background
| Elite Wealth | SBICAP Securities | |
|---|---|---|
Elite Wealth Vs SBICAP Securities - Compare All Brokers
| Elite Wealth | SBICAP Securities | |
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Elite Wealth Vs SBICAP Securities - STT/CTT
| Elite Wealth | SBICAP 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 SBICAP Securities - Demat transaction charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹10 + GST per scrip only on sell |
Elite Wealth Vs SBICAP Securities - GST
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs SBICAP Securities - SEBI Charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs SBICAP Securities - Account Opening & AMC Charges
Elite Wealth
SBICAP Securities
Trading Account Opening Charge
₹0 (Free)
₹850/-
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
₹750 (₹500/- for e-statement)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs SBICAP Securities
| Elite Wealth | SBICAP Securities | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. |
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SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Elite Wealth Vs SBICAP Securities - Brokerage charges & Plans
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.03% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.03% | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.33% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹33 per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | 0.03% | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.03% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹33 per Lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.03% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.03% | Intraday:- 0.075% | Delivery:- 0.50% |
Elite Wealth Vs SBICAP Securities - Margin (Exposure)
| Elite Wealth | SBICAP 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) | 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 SBICAP Securities - Other Charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹10/Order |
| Other Brokerage Charges | 0.03% | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.03% | ₹20/Order |
Elite Wealth Vs SBICAP Securities - STT/CTT
| Elite Wealth | SBICAP 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 SBICAP Securities - Demat transaction charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹10 + GST per scrip only on sell |
Elite Wealth Vs SBICAP Securities - GST
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs SBICAP Securities - SEBI Charges
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs SBICAP Securities - Features
| Elite Wealth | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
|
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| 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. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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