Elite Wealth Vs TradePlus
Elite Wealth
TradePlus
TradePlus 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 TradePlus - Broker Details
| Elite Wealth | TradePlus | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 1983 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX, and CDSL |
| Branches | N/A | N/A |
| Brokerage | 0.03% | 0.025% on the Sell Side |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs TradePlus - Account Opening & AMC Charges
| Elite Wealth | TradePlus | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
| 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) | ₹99* per month (This charge depends on the plan) |
Elite Wealth Vs TradePlus - Brokerage charges & Plans
| Elite Wealth | TradePlus | |
|---|---|---|
| Commodity Futures | 0.03% | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.03% | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.33% | ₹0 (Free) |
| Equity Options | ₹33 per Lot | ₹99 per month or ₹60 per lot each side |
| Commodity Options | 0.03% | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.03% | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹33 per Lot | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | 0.03% | 0.01% |
| Equity Intraday | 0.03% | 0.01% |
Elite Wealth Vs TradePlus - Other Charges
| Elite Wealth | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | ₹0 (Free) | ₹ 75/- per day +GST |
| Other Brokerage Charges | 0.03% | 0.01% |
| Minimum Brokerage | 0.03% | 0.01% |
Elite Wealth Vs TradePlus - Transaction Charges
| Elite Wealth | TradePlus | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.037% | BSE: 0.00025% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 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: 0.00335% | BSE:0.00375% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.0505% | BSE:0.00375% |
| 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 | NSE: 0.0026% | BSE:0.0014% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.00095% | BSE: 0.00022% |
| 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: 0.00375% | BSE:0.00335% |
Elite Wealth Vs TradePlus - Margin (Exposure)
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 TradePlus - Features
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs TradePlus - Review & Rating
| Elite Wealth | TradePlus | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs TradePlus - Request a call back from Broker
| Elite Wealth | TradePlus | |
|---|---|---|
Elite Wealth Vs TradePlus - Investment Options
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 TradePlus - Order Type
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 TradePlus - Research & Report
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 TradePlus - Daily Market Report
| Elite Wealth | TradePlus | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs TradePlus - Suitable For Investor
| Elite Wealth | TradePlus | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs TradePlus - Pros & Cons
| Elite Wealth | TradePlus | |
|---|---|---|
| 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. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources |
| 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. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services |
Elite Wealth Vs TradePlus - Background
| Elite Wealth | TradePlus | |
|---|---|---|
Elite Wealth Vs TradePlus - Compare All Brokers
| Elite Wealth | TradePlus | |
|---|---|---|
Elite Wealth Vs TradePlus - STT/CTT
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 TradePlus - Demat transaction charges
| Elite Wealth | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹50+ Gst per scrip only on sell |
Elite Wealth Vs TradePlus - GST
| Elite Wealth | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges) |
Elite Wealth Vs TradePlus - SEBI Charges
| Elite Wealth | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs TradePlus - Account Opening & AMC Charges
Elite Wealth
TradePlus
Trading Account Opening Charge
₹0 (Free)
₹99* per month (This charge depends on the plan)
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)
₹99* per month (This charge depends on the plan)
Elite Wealth Vs TradePlus
| Elite Wealth | TradePlus | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
TradePlus Online Review 2024 |
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TradePlus
TradePlus 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 TradePlus - Brokerage charges & Plans
| Elite Wealth | TradePlus | |
|---|---|---|
| Commodity Futures | 0.03% | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.03% | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.33% | ₹0 (Free) |
| Equity Options | ₹33 per Lot | ₹99 per month or ₹60 per lot each side |
| Commodity Options | 0.03% | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.03% | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹33 per Lot | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | 0.03% | 0.01% |
| Equity Intraday | 0.03% | 0.01% |
Elite Wealth Vs TradePlus - Margin (Exposure)
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 TradePlus - Other Charges
| Elite Wealth | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | ₹0 (Free) | ₹ 75/- per day +GST |
| Other Brokerage Charges | 0.03% | 0.01% |
| Minimum Brokerage | 0.03% | 0.01% |
Elite Wealth Vs TradePlus - STT/CTT
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 TradePlus - Demat transaction charges
| Elite Wealth | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹50+ Gst per scrip only on sell |
Elite Wealth Vs TradePlus - GST
| Elite Wealth | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges) |
Elite Wealth Vs TradePlus - SEBI Charges
| Elite Wealth | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs TradePlus - Features
| Elite Wealth | TradePlus | |
|---|---|---|
| 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 Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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