Paterson Securities Vs Elite Wealth
Paterson Securities
Paterson Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Paterson Securities Vs Elite Wealth - Broker Details
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1935 | 1990 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 25 | N/A |
| Brokerage | 0.05% (minimum) | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Paterson Securities Vs Elite Wealth - Account Opening & AMC Charges
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Rs. 400 + GST per annum | 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) |
Paterson Securities Vs Elite Wealth - Brokerage charges & Plans
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.05% (minimum) | 0.03% |
| Equity Delivery | 0.5% (minimum) | 0.33% |
| Equity Options | 0.05% (minimum) | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | 0.05% (minimum) | 0.03% |
| Currency Options | 0.05% (minimum) | ₹33 per Lot |
| Fixed Charges | 0.05% (minimum) | 0.03% |
| Equity Intraday | 0.05% (minimum) | 0.03% |
Paterson Securities Vs Elite Wealth - Other Charges
| Paterson Securities | 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 | 0.05% (minimum) | 0.03% |
| Minimum Brokerage | 0.05% (minimum) | 0.03% |
Paterson Securities Vs Elite Wealth - Transaction Charges
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 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: 0.002% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | 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% | NSE: 0.053% on Premium value |
| Commodity | Commodity Futures - 0.0026% Commodity Options - 0.05% | 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% | BSE: 0.00022% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | 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% |
Paterson Securities Vs Elite Wealth - Margin (Exposure)
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 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)) |
Paterson Securities Vs Elite Wealth - Features
| Paterson Securities | 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 :03:15 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. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app | 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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Paterson Securities Vs Elite Wealth - Review & Rating
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Paterson Securities Vs Elite Wealth - Request a call back from Broker
| Paterson Securities | Elite Wealth | |
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Paterson Securities Vs Elite Wealth - Investment Options
| Paterson Securities | 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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Paterson Securities Vs Elite Wealth - Order Type
| Paterson Securities | 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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Paterson Securities Vs Elite Wealth - Research & Report
| Paterson Securities | 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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Paterson Securities Vs Elite Wealth - Daily Market Report
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Paterson Securities Vs Elite Wealth - Suitable For Investor
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Paterson Securities Vs Elite Wealth - Pros & Cons
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Pros | 1. Experience and Expertise 2. Research and Analysis 3. Transparency and Integrity 4. Responsive Customer Service, 5. User-Friendly Trading Platform, 6. Customized Investment Solutions | 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 Accessibility, 2. Lack of Personalized Investment Advice, 3. Restricted Access to Certain Markets or Investment Types, 4. Potential for Technical Glitches or Platform Outages | 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. |
Paterson Securities Vs Elite Wealth - Background
| Paterson Securities | Elite Wealth | |
|---|---|---|
Paterson Securities Vs Elite Wealth - Compare All Brokers
| Paterson Securities | Elite Wealth | |
|---|---|---|
Paterson Securities Vs Elite Wealth - STT/CTT
| Paterson Securities | 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 | 0.003% 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 | 0.002% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
Paterson Securities Vs Elite Wealth - Demat transaction charges
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | No Charges |
Paterson Securities Vs Elite Wealth - GST
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Paterson Securities Vs Elite Wealth - SEBI Charges
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Paterson Securities Vs Elite Wealth - Account Opening & AMC Charges
Paterson Securities
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Rs. 400 + GST per annum
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)
Paterson Securities Vs Elite Wealth
| Paterson Securities | Elite Wealth | |
|---|---|---|
Paterson Securities Account Opening Process and Charges Detail |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Paterson Securities Vs Elite Wealth - Brokerage charges & Plans
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.05% (minimum) | 0.03% |
| Equity Delivery | 0.5% (minimum) | 0.33% |
| Equity Options | 0.05% (minimum) | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | 0.05% (minimum) | 0.03% |
| Currency Options | 0.05% (minimum) | ₹33 per Lot |
| Fixed Charges | 0.05% (minimum) | 0.03% |
| Equity Intraday | 0.05% (minimum) | 0.03% |
Paterson Securities Vs Elite Wealth - Margin (Exposure)
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 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)) |
Paterson Securities Vs Elite Wealth - Other Charges
| Paterson Securities | 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 | 0.05% (minimum) | 0.03% |
| Minimum Brokerage | 0.05% (minimum) | 0.03% |
Paterson Securities Vs Elite Wealth - STT/CTT
| Paterson Securities | 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 | 0.003% 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 | 0.002% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
Paterson Securities Vs Elite Wealth - Demat transaction charges
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | No Charges |
Paterson Securities Vs Elite Wealth - GST
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Paterson Securities Vs Elite Wealth - SEBI Charges
| Paterson Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Paterson Securities Vs Elite Wealth - Features
| Paterson Securities | 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 :03:15 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. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app | 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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