Parim Finserv Vs Elite Wealth
Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Parim Finserv Vs Elite Wealth - Broker Details
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | N/A | 1990 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX and NCDEX |
| Branches | 146 | N/A |
| Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Parim Finserv Vs Elite Wealth - Account Opening & AMC Charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account AMC | ₹1375/- Lifetime AMC | 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) |
Parim Finserv Vs Elite Wealth - Brokerage charges & Plans
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.33% |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹33 per Lot |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹33 per Lot |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
Parim Finserv Vs Elite Wealth - Other Charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
Parim Finserv Vs Elite Wealth - Transaction Charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | BSE: 0.00375% | NSE: 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 | NSE: 0.050% | NSE: 0.053% on Premium value |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 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 txn charge: 0.0009% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | BSE: 0.00375% | NSE: 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% |
Parim Finserv Vs Elite Wealth - Margin (Exposure)
| Parim Finserv | 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)) |
Parim Finserv Vs Elite Wealth - Features
| Parim Finserv | 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop 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 |
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| Direct Mutual Fund |
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Parim Finserv Vs Elite Wealth - Review & Rating
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Parim Finserv Vs Elite Wealth - Request a call back from Broker
| Parim Finserv | Elite Wealth | |
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Parim Finserv Vs Elite Wealth - Investment Options
| Parim Finserv | 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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Parim Finserv Vs Elite Wealth - Order Type
| Parim Finserv | 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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Parim Finserv Vs Elite Wealth - Research & Report
| Parim Finserv | 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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Parim Finserv Vs Elite Wealth - Daily Market Report
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Parim Finserv Vs Elite Wealth - Suitable For Investor
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Parim Finserv Vs Elite Wealth - Pros & Cons
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Pros | 1. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. | 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. | 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. |
Parim Finserv Vs Elite Wealth - Background
| Parim Finserv | Elite Wealth | |
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Parim Finserv Vs Elite Wealth - Compare All Brokers
| Parim Finserv | Elite Wealth | |
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Parim Finserv Vs Elite Wealth - STT/CTT
| Parim Finserv | 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 | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Parim Finserv Vs Elite Wealth - Demat transaction charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | No Charges |
Parim Finserv Vs Elite Wealth - GST
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Parim Finserv Vs Elite Wealth - SEBI Charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Parim Finserv Vs Elite Wealth - Account Opening & AMC Charges
Parim Finserv
Elite Wealth
Trading Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account AMC
₹1375/- Lifetime AMC
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)
Parim Finserv Vs Elite Wealth
| Parim Finserv | Elite Wealth | |
|---|---|---|
Parim Finserve Account Opening Charges |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Parim Finserv Vs Elite Wealth - Brokerage charges & Plans
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.33% |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹33 per Lot |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹33 per Lot |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
Parim Finserv Vs Elite Wealth - Margin (Exposure)
| Parim Finserv | 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)) |
Parim Finserv Vs Elite Wealth - Other Charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% |
Parim Finserv Vs Elite Wealth - STT/CTT
| Parim Finserv | 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 | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Parim Finserv Vs Elite Wealth - Demat transaction charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | No Charges |
Parim Finserv Vs Elite Wealth - GST
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Parim Finserv Vs Elite Wealth - SEBI Charges
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Parim Finserv Vs Elite Wealth - Features
| Parim Finserv | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop 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 |
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| Direct Mutual Fund |
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