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Quick Comparision (Elite Wealth VS Sharekhan)

 
 

Elite Wealth Vs Sharekhan

Elite Wealth


Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Elite Wealth Vs Sharekhan - Broker Details

Elite Wealth Sharekhan
Single Margin Facility
Year of Incorporation 1990 2000
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX.
Branches N/A 153+
Brokerage 0.03% 0.03%
Broker Type Full Service Broker Discount Broker
Call Back Open Account

Elite Wealth Vs Sharekhan - Account Opening & AMC Charges

Elite Wealth Sharekhan
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 ₹400 (from 2nd year)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account

Elite Wealth Vs Sharekhan - Brokerage charges & Plans

Elite Wealth Sharekhan
Commodity Futures 0.03% 0.03% per transaction value
Currency Futures 0.03% 0.03% per transaction value
Equity Delivery 0.33% 0.30% on market rate or minimum 10 paisa per share
Equity Options ₹33 per Lot ₹60/ Lot
Commodity Options 0.03% ₹60/ Lot
Equity Futures 0.03% 0.03% per transaction value
Currency Options ₹33 per Lot ₹20/ Lot
Fixed Charges 0.03% ₹1,00,000/ Year
Equity Intraday 0.03% 0.03% per transaction value
Call Back Open Account

Elite Wealth Vs Sharekhan - Other Charges

Elite Wealth Sharekhan
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges 0.03% ₹1,00,000/ Year
Minimum Brokerage 0.03% 0.10%
Call Back Open Account

Elite Wealth Vs Sharekhan - Transaction Charges

Elite Wealth Sharekhan
Currency Options NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures NSE: 0.00195% on Total Turnover value NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
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 ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options NSE: 0.053% on Premium value NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (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 MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
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 ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)
Call Back Open Account

Elite Wealth Vs Sharekhan - Margin (Exposure)

Elite Wealth Sharekhan
Equity Options 1x (100% of Normal margin (Span + Exposure)) 1 time (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)
Call Back Open Account

Elite Wealth Vs Sharekhan - Features

Elite Wealth Sharekhan
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 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. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Elite Wealth Vs Sharekhan - Review & Rating

Elite Wealth Sharekhan
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Elite Wealth Vs Sharekhan - Request a call back from Broker

Elite Wealth Sharekhan
Call Back Open Account

Elite Wealth Vs Sharekhan - Investment Options

Elite Wealth Sharekhan
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Elite Wealth Vs Sharekhan - Order Type

Elite Wealth Sharekhan
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Elite Wealth Vs Sharekhan - Research & Report

Elite Wealth Sharekhan
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Elite Wealth Vs Sharekhan - Daily Market Report

Elite Wealth Sharekhan
Daily Market Reports & News
Call Back Open Account

Elite Wealth Vs Sharekhan - Suitable For Investor

Elite Wealth Sharekhan
Casual Investor
Active Investor
Trader
Call Back Open Account

Elite Wealth Vs Sharekhan - Pros & Cons

Elite Wealth Sharekhan
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. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility.
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 offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities.
Call Back Open Account

Elite Wealth Vs Sharekhan - Background

Elite Wealth Sharekhan
Call Back Open Account

Elite Wealth Vs Sharekhan - Compare All Brokers

Elite Wealth Sharekhan
Call Back Open Account

Elite Wealth Vs Sharekhan - STT/CTT

Elite Wealth Sharekhan
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
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
Call Back Open Account

Elite Wealth Vs Sharekhan - Demat transaction charges

Elite Wealth Sharekhan
Equity Demat Transaction Charges No Charges ₹0 (Free)
Call Back Open Account

Elite Wealth Vs Sharekhan - GST

Elite Wealth Sharekhan
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges)
Call Back Open Account

Elite Wealth Vs Sharekhan - SEBI Charges

Elite Wealth Sharekhan
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

Elite Wealth Vs Sharekhan - Account Opening & AMC Charges

Elite Wealth
Sharekhan
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
₹400 (from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Elite Wealth Vs Sharekhan

Elite Wealth Sharekhan
 

Elite Wealth Review | Products and Trading Platforms 

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Sharekhan Review | Brokerage Charges, Account Opening

Sharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie ..
 
 

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Elite Wealth Vs Sharekhan - Brokerage charges & Plans

Elite Wealth Sharekhan
Commodity Futures 0.03% 0.03% per transaction value
Currency Futures 0.03% 0.03% per transaction value
Equity Delivery 0.33% 0.30% on market rate or minimum 10 paisa per share
Equity Options ₹33 per Lot ₹60/ Lot
Commodity Options 0.03% ₹60/ Lot
Equity Futures 0.03% 0.03% per transaction value
Currency Options ₹33 per Lot ₹20/ Lot
Fixed Charges 0.03% ₹1,00,000/ Year
Equity Intraday 0.03% 0.03% per transaction value
Call Back Open Account

Elite Wealth Vs Sharekhan - Margin (Exposure)

Elite Wealth Sharekhan
Equity Options 1x (100% of Normal margin (Span + Exposure)) 1 time (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)
Call Back Open Account

Elite Wealth Vs Sharekhan - Other Charges

Elite Wealth Sharekhan
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges 0.03% ₹1,00,000/ Year
Minimum Brokerage 0.03% 0.10%

Elite Wealth Vs Sharekhan - STT/CTT

Elite Wealth Sharekhan
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
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 Sharekhan - Demat transaction charges

Elite Wealth Sharekhan
Equity Demat Transaction Charges No Charges ₹0 (Free)

Elite Wealth Vs Sharekhan - GST

Elite Wealth Sharekhan
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges)

Elite Wealth Vs Sharekhan - SEBI Charges

Elite Wealth Sharekhan
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Elite Wealth Vs Sharekhan - Features

Elite Wealth Sharekhan
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 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. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Elite Wealth

Sharekhan