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Quick Comparision (Motisons Shares VS Elite Wealth)

 
 

Motisons Shares Vs Elite Wealth

Motisons Shares
Motisons Shares Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI accounts, Branches, and Complaints


Elite Wealth

Motisons Shares Vs Elite Wealth - Broker Details

Motisons Shares Elite Wealth
Single Margin Facility
Year of Incorporation 1997 1990
Exchanges BSE, NSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches N/A N/A
Brokerage Upto 2.5% 0.03%
Broker Type Discount Broker Full Service Broker

Motisons Shares Vs Elite Wealth - Account Opening & AMC Charges

Motisons Shares Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹250 + GST per 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 NA ₹0 (Free)

Motisons Shares Vs Elite Wealth - Brokerage charges & Plans

Motisons Shares Elite Wealth
Commodity Futures Upto 2.5% 0.03%
Currency Futures Upto 2.5% 0.03%
Equity Delivery Upto 2.5% 0.33%
Equity Options Upto 2.5% ₹33 per Lot
Commodity Options Upto 2.5% 0.03%
Equity Futures Upto 2.5% 0.03%
Currency Options Upto 2.5% ₹33 per Lot
Fixed Charges Upto 2.5% 0.03%
Equity Intraday Upto 2.5% 0.03%

Motisons Shares Vs Elite Wealth - Other Charges

Motisons Shares Elite Wealth
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges Upto 2.5% 0.03%
Minimum Brokerage Upto 2.5% 0.03%

Motisons Shares Vs Elite Wealth - Transaction Charges

Motisons Shares Elite Wealth
Currency Options NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE: 0.00195% on Total Turnover value NSE: 0.00195% on Total Turnover value
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% 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 value NSE: 0.053% on Premium value
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 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: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
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: 0.00335% 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%

Motisons Shares Vs Elite Wealth - Margin (Exposure)

Motisons Shares 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 NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

Motisons Shares Vs Elite Wealth - Features

Motisons Shares 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software 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

Motisons Shares Vs Elite Wealth - Review & Rating

Motisons Shares Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Motisons Shares Vs Elite Wealth - Request a call back from Broker

Motisons Shares Elite Wealth

Motisons Shares Vs Elite Wealth - Investment Options

Motisons Shares Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Motisons Shares Vs Elite Wealth - Order Type

Motisons Shares 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

Motisons Shares Vs Elite Wealth - Research & Report

Motisons Shares Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Motisons Shares Vs Elite Wealth - Daily Market Report

Motisons Shares Elite Wealth
Daily Market Reports & News

Motisons Shares Vs Elite Wealth - Suitable For Investor

Motisons Shares Elite Wealth
Casual Investor
Active Investor
Trader

Motisons Shares Vs Elite Wealth - Pros & Cons

Motisons Shares Elite Wealth
Pros 1. User-friendly interface 2. Wide range of investment options 3. Competitive brokerage rates 4. Research and analysis tools 5. Seamless trading experience 6. Strong customer support 7. Advanced trading platforms. 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 market access 2. High fees for certain services 3. Lack of personalized investment advice 4. Limited customer support options 5. Possible technical glitches or system downtime 6. Potential for delays in order execution 7. Limited availability of certain investment products or asset classes 8. Relatively smaller user base compared to larger brokerage firms. 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.

Motisons Shares Vs Elite Wealth - Background

Motisons Shares Elite Wealth

Motisons Shares Vs Elite Wealth - Compare All Brokers

Motisons Shares Elite Wealth

Motisons Shares Vs Elite Wealth - STT/CTT

Motisons Shares Elite Wealth
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 the Sell Side 0.025% on Sell
Equity Options 0.05% on Sell Side(on Premium) 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

Motisons Shares Vs Elite Wealth - Demat transaction charges

Motisons Shares Elite Wealth
Equity Demat Transaction Charges ₹20 per order No Charges

Motisons Shares Vs Elite Wealth - GST

Motisons Shares Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Motisons Shares Vs Elite Wealth - SEBI Charges

Motisons Shares Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Motisons Shares Vs Elite Wealth - Account Opening & AMC Charges

Motisons Shares
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 + GST per 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
NA
₹0 (Free)
 

Motisons Shares Vs Elite Wealth

Motisons Shares Elite Wealth
 

Motisons Shares Account Opening Process and Required Documents

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Elite Wealth Review | Products and Trading Platforms 

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Elite Wealth

Motisons Shares Vs Elite Wealth - Brokerage charges & Plans

Motisons Shares Elite Wealth
Commodity Futures Upto 2.5% 0.03%
Currency Futures Upto 2.5% 0.03%
Equity Delivery Upto 2.5% 0.33%
Equity Options Upto 2.5% ₹33 per Lot
Commodity Options Upto 2.5% 0.03%
Equity Futures Upto 2.5% 0.03%
Currency Options Upto 2.5% ₹33 per Lot
Fixed Charges Upto 2.5% 0.03%
Equity Intraday Upto 2.5% 0.03%

Motisons Shares Vs Elite Wealth - Margin (Exposure)

Motisons Shares 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 NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

Motisons Shares Vs Elite Wealth - Other Charges

Motisons Shares Elite Wealth
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges Upto 2.5% 0.03%
Minimum Brokerage Upto 2.5% 0.03%

Motisons Shares Vs Elite Wealth - STT/CTT

Motisons Shares Elite Wealth
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 the Sell Side 0.025% on Sell
Equity Options 0.05% on Sell Side(on Premium) 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

Motisons Shares Vs Elite Wealth - Demat transaction charges

Motisons Shares Elite Wealth
Equity Demat Transaction Charges ₹20 per order No Charges

Motisons Shares Vs Elite Wealth - GST

Motisons Shares Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Motisons Shares Vs Elite Wealth - SEBI Charges

Motisons Shares Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Motisons Shares Vs Elite Wealth - Features

Motisons Shares 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software 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

Motisons Shares

Elite Wealth