Maitra Vs Elite Wealth
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maitra Vs Elite Wealth - Broker Details
| Maitra | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 1990 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | N/A |
| Brokerage | ₹5/Lot Or ₹20/Order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Maitra Vs Elite Wealth - Account Opening & AMC Charges
| Maitra | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | 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) |
Maitra Vs Elite Wealth - Brokerage charges & Plans
| Maitra | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.03% |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.03% |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.33% |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹33 per Lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | 0.03% |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.03% |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹33 per Lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.03% |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.03% |
Maitra Vs Elite Wealth - Other Charges
| Maitra | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | 0.03% |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.03% |
Maitra Vs Elite Wealth - Transaction Charges
| Maitra | Elite Wealth | |
|---|---|---|
| Currency Options | 0.053% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.0019% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | 0.00325% | 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 | 0.05% | NSE: 0.053% on Premium value |
| Commodity | 0.0026% | 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 | 0.0026% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | 0.00325% | 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% |
Maitra Vs Elite Wealth - Margin (Exposure)
| Maitra | 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)) |
Maitra Vs Elite Wealth - Features
| Maitra | 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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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Maitra Vs Elite Wealth - Review & Rating
| Maitra | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Maitra Vs Elite Wealth - Request a call back from Broker
| Maitra | Elite Wealth | |
|---|---|---|
Maitra Vs Elite Wealth - Investment Options
| Maitra | Elite Wealth | |
|---|---|---|
| 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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Maitra Vs Elite Wealth - Order Type
| Maitra | 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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Maitra Vs Elite Wealth - Research & Report
| Maitra | 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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Maitra Vs Elite Wealth - Daily Market Report
| Maitra | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Maitra Vs Elite Wealth - Suitable For Investor
| Maitra | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maitra Vs Elite Wealth - Pros & Cons
| Maitra | Elite Wealth | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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 Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
Maitra Vs Elite Wealth - Background
| Maitra | Elite Wealth | |
|---|---|---|
Maitra Vs Elite Wealth - Compare All Brokers
| Maitra | Elite Wealth | |
|---|---|---|
Maitra Vs Elite Wealth - STT/CTT
| Maitra | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% | 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% | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
Maitra Vs Elite Wealth - Demat transaction charges
| Maitra | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | No Charges |
Maitra Vs Elite Wealth - GST
| Maitra | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maitra Vs Elite Wealth - SEBI Charges
| Maitra | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Elite Wealth - Account Opening & AMC Charges
Maitra
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
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)
Maitra Vs Elite Wealth
| Maitra | Elite Wealth | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Maitra Vs Elite Wealth - Brokerage charges & Plans
| Maitra | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.03% |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.03% |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.33% |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹33 per Lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | 0.03% |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.03% |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹33 per Lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.03% |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.03% |
Maitra Vs Elite Wealth - Margin (Exposure)
| Maitra | 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)) |
Maitra Vs Elite Wealth - Other Charges
| Maitra | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | 0.03% |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.03% |
Maitra Vs Elite Wealth - STT/CTT
| Maitra | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% | 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% | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
Maitra Vs Elite Wealth - Demat transaction charges
| Maitra | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | No Charges |
Maitra Vs Elite Wealth - GST
| Maitra | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maitra Vs Elite Wealth - SEBI Charges
| Maitra | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Elite Wealth - Features
| Maitra | 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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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