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Quick Comparision (Navkar Direct VS Elite Wealth)

 
 

Navkar Direct Vs Elite Wealth

Navkar Direct
Navkar Direct Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Elite Wealth

Navkar Direct Vs Elite Wealth - Broker Details

Navkar Direct Elite Wealth
Single Margin Facility
Year of Incorporation 1999 1990
Exchanges BSE, NSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches N/A N/A
Brokerage ₹20 per order 0.03%
Broker Type Discount Broker Full Service Broker

Navkar Direct Vs Elite Wealth - Account Opening & AMC Charges

Navkar Direct Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹300 per year (Individual account) ₹1200 per year (Corporate Account) ₹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 N/A ₹0 (Free)

Navkar Direct Vs Elite Wealth - Brokerage charges & Plans

Navkar Direct Elite Wealth
Commodity Futures ₹20 per order 0.03%
Currency Futures ₹20 per order 0.03%
Equity Delivery ₹20 per order 0.33%
Equity Options ₹20 per order ₹33 per Lot
Commodity Options ₹20 per order 0.03%
Equity Futures ₹20 per order 0.03%
Currency Options ₹20 per order ₹33 per Lot
Fixed Charges ₹20 per order 0.03%
Equity Intraday ₹20 per order 0.03%

Navkar Direct Vs Elite Wealth - Other Charges

Navkar Direct Elite Wealth
RMS Square Off Charge ₹20 per order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20 per order ₹0 (Free)
Other Brokerage Charges ₹20 per order 0.03%
Minimum Brokerage ₹20 per order 0.03%

Navkar Direct Vs Elite Wealth - Transaction Charges

Navkar Direct Elite Wealth
Currency Options NSE: 0.035 % And | BSE: 0.001% On Options Premium Value 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 - 0.00325% | BSE- 0.00375% 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 Following Scrips: 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: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value 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% | BSE- 0.00375% 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%

Navkar Direct Vs Elite Wealth - Margin (Exposure)

Navkar Direct Elite Wealth
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 6x (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))

Navkar Direct Vs Elite Wealth - Features

Navkar Direct 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. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb 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
Direct Mutual Fund

Navkar Direct Vs Elite Wealth - Review & Rating

Navkar Direct Elite Wealth
Trading Brokerage 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Navkar Direct Vs Elite Wealth - Request a call back from Broker

Navkar Direct Elite Wealth

Navkar Direct Vs Elite Wealth - Investment Options

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

Navkar Direct Vs Elite Wealth - Order Type

Navkar Direct 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

Navkar Direct Vs Elite Wealth - Research & Report

Navkar Direct Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Navkar Direct Vs Elite Wealth - Daily Market Report

Navkar Direct Elite Wealth
Daily Market Reports & News

Navkar Direct Vs Elite Wealth - Suitable For Investor

Navkar Direct Elite Wealth
Casual Investor
Active Investor
Trader

Navkar Direct Vs Elite Wealth - Pros & Cons

Navkar Direct Elite Wealth
Pros 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing 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. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, 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.

Navkar Direct Vs Elite Wealth - Background

Navkar Direct Elite Wealth

Navkar Direct Vs Elite Wealth - Compare All Brokers

Navkar Direct Elite Wealth

Navkar Direct Vs Elite Wealth - STT/CTT

Navkar Direct 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 0.0625% on sell side (on premium) 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 0.0125% on sell side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Navkar Direct Vs Elite Wealth - Demat transaction charges

Navkar Direct Elite Wealth
Equity Demat Transaction Charges ₹20 per order No Charges

Navkar Direct Vs Elite Wealth - GST

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

Navkar Direct Vs Elite Wealth - SEBI Charges

Navkar Direct Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Navkar Direct Vs Elite Wealth - Account Opening & AMC Charges

Navkar Direct
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 per year (Individual account) ₹1200 per year (Corporate Account)
₹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
N/A
₹0 (Free)
 

Navkar Direct Vs Elite Wealth

Navkar Direct Elite Wealth
 

Navkar Direct Account Opening Process and Charge Details 2024

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Elite Wealth Review | Products and Trading Platforms 

Read more..

 
 

Elite Wealth

Navkar Direct Vs Elite Wealth - Brokerage charges & Plans

Navkar Direct Elite Wealth
Commodity Futures ₹20 per order 0.03%
Currency Futures ₹20 per order 0.03%
Equity Delivery ₹20 per order 0.33%
Equity Options ₹20 per order ₹33 per Lot
Commodity Options ₹20 per order 0.03%
Equity Futures ₹20 per order 0.03%
Currency Options ₹20 per order ₹33 per Lot
Fixed Charges ₹20 per order 0.03%
Equity Intraday ₹20 per order 0.03%

Navkar Direct Vs Elite Wealth - Margin (Exposure)

Navkar Direct Elite Wealth
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 6x (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))

Navkar Direct Vs Elite Wealth - Other Charges

Navkar Direct Elite Wealth
RMS Square Off Charge ₹20 per order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20 per order ₹0 (Free)
Other Brokerage Charges ₹20 per order 0.03%
Minimum Brokerage ₹20 per order 0.03%

Navkar Direct Vs Elite Wealth - STT/CTT

Navkar Direct 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 0.0625% on sell side (on premium) 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 0.0125% on sell side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Navkar Direct Vs Elite Wealth - Demat transaction charges

Navkar Direct Elite Wealth
Equity Demat Transaction Charges ₹20 per order No Charges

Navkar Direct Vs Elite Wealth - GST

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

Navkar Direct Vs Elite Wealth - SEBI Charges

Navkar Direct Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Navkar Direct Vs Elite Wealth - Features

Navkar Direct 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. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb 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
Direct Mutual Fund

Navkar Direct

Elite Wealth