Fisdom Vs Elite Wealth
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Fisdom Vs Elite Wealth - Broker Details
| Fisdom | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 1990 |
| Exchanges | NSE, BSE, and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 15+ | N/A |
| Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Fisdom Vs Elite Wealth - Account Opening & AMC Charges
| Fisdom | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | NA | ₹0 (Free) |
Fisdom Vs Elite Wealth - Brokerage charges & Plans
| Fisdom | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | 0.33% |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹33 per Lot |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
Fisdom Vs Elite Wealth - Other Charges
| Fisdom | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
Fisdom Vs Elite Wealth - Transaction Charges
| Fisdom | Elite Wealth | |
|---|---|---|
| Currency Options | NSE: 0.053% (on premium) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.002% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 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% |
| Equity Options | NSE: 0.053% (on premium) | NSE: 0.053% on Premium value |
| Commodity | N/A | 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 |
| Currency Futures | NSE: 0.002% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | 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% |
Fisdom Vs Elite Wealth - Margin (Exposure)
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Fisdom Vs Elite Wealth - Features
| Fisdom | Elite Wealth | |
|---|---|---|
| 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: 4:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom Web Portal | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Fisdom Vs Elite Wealth - Review & Rating
| Fisdom | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Fisdom Vs Elite Wealth - Request a call back from Broker
| Fisdom | Elite Wealth | |
|---|---|---|
Fisdom Vs Elite Wealth - Investment Options
| Fisdom | Elite Wealth | |
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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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Fisdom Vs Elite Wealth - Order Type
| Fisdom | Elite Wealth | |
|---|---|---|
| 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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Fisdom Vs Elite Wealth - Research & Report
| Fisdom | Elite Wealth | |
|---|---|---|
| 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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Fisdom Vs Elite Wealth - Daily Market Report
| Fisdom | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Fisdom Vs Elite Wealth - Suitable For Investor
| Fisdom | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Fisdom Vs Elite Wealth - Pros & Cons
| Fisdom | Elite Wealth | |
|---|---|---|
| Pros | 1. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. | 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 |
| Cons | 1. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. | 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. |
Fisdom Vs Elite Wealth - Background
| Fisdom | Elite Wealth | |
|---|---|---|
Fisdom Vs Elite Wealth - Compare All Brokers
| Fisdom | Elite Wealth | |
|---|---|---|
Fisdom Vs Elite Wealth - STT/CTT
| Fisdom | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% only on sell side | 0.05% on Sell Side |
Fisdom Vs Elite Wealth - Demat transaction charges
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | No Charges |
Fisdom Vs Elite Wealth - GST
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Fisdom Vs Elite Wealth - SEBI Charges
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fisdom Vs Elite Wealth - Account Opening & AMC Charges
Fisdom
Elite Wealth
Trading Account Opening Charge
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
₹0 (Free)
Demat Account AMC
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
NA
₹0 (Free)
Fisdom Vs Elite Wealth
| Fisdom | Elite Wealth | |
|---|---|---|
Fisdom Account Opening Process and Charge Details |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Fisdom Vs Elite Wealth - Brokerage charges & Plans
| Fisdom | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | 0.33% |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹33 per Lot |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
Fisdom Vs Elite Wealth - Margin (Exposure)
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Fisdom Vs Elite Wealth - Other Charges
| Fisdom | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% |
Fisdom Vs Elite Wealth - STT/CTT
| Fisdom | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% only on sell side | 0.05% on Sell Side |
Fisdom Vs Elite Wealth - Demat transaction charges
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | No Charges |
Fisdom Vs Elite Wealth - GST
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Fisdom Vs Elite Wealth - SEBI Charges
| Fisdom | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fisdom Vs Elite Wealth - Features
| Fisdom | Elite Wealth | |
|---|---|---|
| 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: 4:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom Web Portal | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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