STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Flattrade VS Elite Wealth)

 
 

Flattrade Vs Elite Wealth

Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Elite Wealth

Flattrade Vs Elite Wealth - Broker Details

Flattrade Elite Wealth
Single Margin Facility
Year of Incorporation 2004 1990
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX
Branches 6 N/A
Brokerage ₹0 (Free) 0.03%
Broker Type Discount Broker Full Service Broker
Call Back Open Account

Flattrade Vs Elite Wealth - Account Opening & AMC Charges

Flattrade Elite Wealth
Trading Account Opening Charge ₹200 + GST ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) 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 ₹0 (Free) ₹0 (Free)
Call Back Open Account

Flattrade Vs Elite Wealth - Brokerage charges & Plans

Flattrade Elite Wealth
Commodity Futures ₹0 (Free) 0.03%
Currency Futures ₹0 (Free) 0.03%
Equity Delivery ₹0 (Free) 0.33%
Equity Options ₹0 (Free) ₹33 per Lot
Commodity Options ₹0 (Free) 0.03%
Equity Futures ₹0 (Free) 0.03%
Currency Options ₹0 (Free) ₹33 per Lot
Fixed Charges ₹0 (Free) 0.03%
Equity Intraday ₹0 (Free) 0.03%
Call Back Open Account

Flattrade Vs Elite Wealth - Other Charges

Flattrade Elite Wealth
RMS Square Off Charge ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST ₹0 (Free)
Other Brokerage Charges ₹0 (Free) 0.03%
Minimum Brokerage ₹0 (Free) 0.03%
Call Back Open Account

Flattrade Vs Elite Wealth - Transaction Charges

Flattrade Elite Wealth
Currency Options NSE : 0.035% | BSE : 0.001% NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures 0.0020% NSE: 0.00195% on Total Turnover value
Equity Intraday NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) 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 0.053% (on premium) NSE: 0.053% on Premium value
Commodity 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% 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 : 0.0009% | BSE : 0.00022% 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% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) 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%
Call Back Open Account

Flattrade Vs Elite Wealth - Margin (Exposure)

Flattrade 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 (100% of trade value) 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))
Call Back Open Account

Flattrade Vs Elite Wealth - Features

Flattrade 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Flattrade - (Share Trading App), Web Trading 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
Direct Mutual Fund
Call Back Open Account

Flattrade Vs Elite Wealth - Review & Rating

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

Flattrade Vs Elite Wealth - Request a call back from Broker

Flattrade Elite Wealth
Call Back Open Account

Flattrade Vs Elite Wealth - Investment Options

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

Flattrade Vs Elite Wealth - Order Type

Flattrade Elite Wealth
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

Flattrade Vs Elite Wealth - Research & Report

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

Flattrade Vs Elite Wealth - Daily Market Report

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

Flattrade Vs Elite Wealth - Suitable For Investor

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

Flattrade Vs Elite Wealth - Pros & Cons

Flattrade Elite Wealth
Pros 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments 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 has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. 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.
Call Back Open Account

Flattrade Vs Elite Wealth - Background

Flattrade Elite Wealth
Call Back Open Account

Flattrade Vs Elite Wealth - Compare All Brokers

Flattrade Elite Wealth
Call Back Open Account

Flattrade Vs Elite Wealth - STT/CTT

Flattrade Elite Wealth
Commodity Futures 0.01% on sell side 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on Sale side 0.025% on Sell
Equity Options 0.05% on sell side (on premium) | Option Excised 0.125% 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% Buy & Sell 0.1% on both buy & Sell
Equity Futures 0.01% on sell side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side
Call Back Open Account

Flattrade Vs Elite Wealth - Demat transaction charges

Flattrade Elite Wealth
Equity Demat Transaction Charges ₹20 + GST per scrip only on sell No Charges
Call Back Open Account

Flattrade Vs Elite Wealth - GST

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

Flattrade Vs Elite Wealth - SEBI Charges

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

Flattrade Vs Elite Wealth - Account Opening & AMC Charges

Flattrade
Elite Wealth
Trading Account Opening Charge
₹200 + GST
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
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
₹0 (Free)
₹0 (Free)
 

Flattrade Vs Elite Wealth

Flattrade Elite Wealth
 

Flattrade Review

Flattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs ..
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Elite Wealth Review | Products and Trading Platforms 

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Elite Wealth

Flattrade Vs Elite Wealth - Brokerage charges & Plans

Flattrade Elite Wealth
Commodity Futures ₹0 (Free) 0.03%
Currency Futures ₹0 (Free) 0.03%
Equity Delivery ₹0 (Free) 0.33%
Equity Options ₹0 (Free) ₹33 per Lot
Commodity Options ₹0 (Free) 0.03%
Equity Futures ₹0 (Free) 0.03%
Currency Options ₹0 (Free) ₹33 per Lot
Fixed Charges ₹0 (Free) 0.03%
Equity Intraday ₹0 (Free) 0.03%
Call Back Open Account

Flattrade Vs Elite Wealth - Margin (Exposure)

Flattrade 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 (100% of trade value) 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))
Call Back Open Account

Flattrade Vs Elite Wealth - Other Charges

Flattrade Elite Wealth
RMS Square Off Charge ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST ₹0 (Free)
Other Brokerage Charges ₹0 (Free) 0.03%
Minimum Brokerage ₹0 (Free) 0.03%
Call Back Open Account

Flattrade Vs Elite Wealth - STT/CTT

Flattrade Elite Wealth
Commodity Futures 0.01% on sell side 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on Sale side 0.025% on Sell
Equity Options 0.05% on sell side (on premium) | Option Excised 0.125% 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% Buy & Sell 0.1% on both buy & Sell
Equity Futures 0.01% on sell side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side
Call Back Open Account

Flattrade Vs Elite Wealth - Demat transaction charges

Flattrade Elite Wealth
Equity Demat Transaction Charges ₹20 + GST per scrip only on sell No Charges
Call Back Open Account

Flattrade Vs Elite Wealth - GST

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

Flattrade Vs Elite Wealth - SEBI Charges

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

Flattrade Vs Elite Wealth - Features

Flattrade 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Flattrade - (Share Trading App), Web Trading 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
Direct Mutual Fund
Call Back Open Account

Flattrade

Elite Wealth