Gill Broking Vs Elite Wealth
Gill Broking
Gill Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Gill Broking Vs Elite Wealth - Broker Details
| Gill Broking | Elite Wealth | |
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| Single Margin Facility |
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| Year of Incorporation | 2017 | 1990 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 70+ | N/A |
| Brokerage | ₹13 per order | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Gill Broking Vs Elite Wealth - Account Opening & AMC Charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) only for First Year | 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) |
Gill Broking Vs Elite Wealth - Brokerage charges & Plans
| Gill Broking | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹13 per order | 0.03% |
| Currency Futures | ₹13 per order | 0.03% |
| Equity Delivery | ₹13 per order | 0.33% |
| Equity Options | ₹13 per order | ₹33 per Lot |
| Commodity Options | ₹13 per order | 0.03% |
| Equity Futures | ₹13 per order | 0.03% |
| Currency Options | ₹13 per order | ₹33 per Lot |
| Fixed Charges | ₹13 per order | 0.03% |
| Equity Intraday | ₹13 per order | 0.03% |
Gill Broking Vs Elite Wealth - Other Charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | ₹0 (Free) |
| Other Brokerage Charges | ₹13 per order | 0.03% |
| Minimum Brokerage | ₹13 per order | 0.03% |
Gill Broking Vs Elite Wealth - Transaction Charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| Currency Options | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | Rate 0.00345% Of Total Turnover value | 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 | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: 0.053% on Premium value |
| Commodity | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) | 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% (Currency Futures) NSE: 0.035% (Currency Options) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% (Equity Delivery) BSE: 0.00300% (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% |
Gill Broking Vs Elite Wealth - Margin (Exposure)
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 4x (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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Gill Broking Vs Elite Wealth - Features
| Gill Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 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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Gill Broking Vs Elite Wealth - Review & Rating
| Gill Broking | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Gill Broking Vs Elite Wealth - Request a call back from Broker
| Gill Broking | Elite Wealth | |
|---|---|---|
Gill Broking Vs Elite Wealth - Investment Options
| Gill Broking | 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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Gill Broking Vs Elite Wealth - Order Type
| Gill Broking | 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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Gill Broking Vs Elite Wealth - Research & Report
| Gill Broking | 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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Gill Broking Vs Elite Wealth - Daily Market Report
| Gill Broking | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Gill Broking Vs Elite Wealth - Suitable For Investor
| Gill Broking | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Gill Broking Vs Elite Wealth - Pros & Cons
| Gill Broking | Elite Wealth | |
|---|---|---|
| Pros | 1. User-friendly online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. | 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. Limited international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees | 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. |
Gill Broking Vs Elite Wealth - Background
| Gill Broking | Elite Wealth | |
|---|---|---|
Gill Broking Vs Elite Wealth - Compare All Brokers
| Gill Broking | Elite Wealth | |
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Gill Broking Vs Elite Wealth - STT/CTT
| Gill Broking | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sell |
| Equity Options | 0.05% on the sell side | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
Gill Broking Vs Elite Wealth - Demat transaction charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | No Charges |
Gill Broking Vs Elite Wealth - GST
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Gill Broking Vs Elite Wealth - SEBI Charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gill Broking Vs Elite Wealth - Account Opening & AMC Charges
Gill Broking
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) only for First Year
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)
Gill Broking Vs Elite Wealth
| Gill Broking | Elite Wealth | |
|---|---|---|
Gill Broking Review | Account Opening Charges, Brokerage, and Trading Platforms |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Gill Broking Vs Elite Wealth - Brokerage charges & Plans
| Gill Broking | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹13 per order | 0.03% |
| Currency Futures | ₹13 per order | 0.03% |
| Equity Delivery | ₹13 per order | 0.33% |
| Equity Options | ₹13 per order | ₹33 per Lot |
| Commodity Options | ₹13 per order | 0.03% |
| Equity Futures | ₹13 per order | 0.03% |
| Currency Options | ₹13 per order | ₹33 per Lot |
| Fixed Charges | ₹13 per order | 0.03% |
| Equity Intraday | ₹13 per order | 0.03% |
Gill Broking Vs Elite Wealth - Margin (Exposure)
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 4x (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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Gill Broking Vs Elite Wealth - Other Charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | ₹0 (Free) |
| Other Brokerage Charges | ₹13 per order | 0.03% |
| Minimum Brokerage | ₹13 per order | 0.03% |
Gill Broking Vs Elite Wealth - STT/CTT
| Gill Broking | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sell |
| Equity Options | 0.05% on the sell side | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
Gill Broking Vs Elite Wealth - Demat transaction charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | No Charges |
Gill Broking Vs Elite Wealth - GST
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Gill Broking Vs Elite Wealth - SEBI Charges
| Gill Broking | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gill Broking Vs Elite Wealth - Features
| Gill Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 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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