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Quick Comparision (Reliance Securities VS Elite Wealth)

 
 

Reliance Securities Vs Elite Wealth

Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Elite Wealth

Reliance Securities Vs Elite Wealth - Broker Details

Reliance Securities Elite Wealth
Single Margin Facility
Year of Incorporation 2005 1990
Exchanges NSE, BSE&MCX-SX, NCDEX, NMCE NSE, BSE, MCX and NCDEX
Branches 80+ N/A
Brokerage 0.05% 0.03%
Broker Type Full service Broker Full Service Broker

Reliance Securities Vs Elite Wealth - Account Opening & AMC Charges

Reliance Securities Elite Wealth
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹2500/- life time 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 ₹2500/- life time free ₹0 (Free)

Reliance Securities Vs Elite Wealth - Brokerage charges & Plans

Reliance Securities Elite Wealth
Commodity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% 0.03%
Currency Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% 0.03%
Equity Delivery R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% 0.33%
Equity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹33 per Lot
Commodity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot 0.03%
Equity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% 0.03%
Currency Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹33 per Lot
Fixed Charges R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% 0.03%
Equity Intraday R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% 0.03%

Reliance Securities Vs Elite Wealth - Other Charges

Reliance Securities Elite Wealth
RMS Square Off Charge - ₹0 (Free)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20/ Call (First 20 calls/Month will be free) ₹0 (Free)
Other Brokerage Charges Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% 0.03%
Minimum Brokerage 0.05% 0.03%

Reliance Securities Vs Elite Wealth - Transaction Charges

Reliance Securities Elite Wealth
Currency Options NSE: 0.04174% NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE: 0.0009% | BSE: 0.0005% NSE: 0.00195% on Total Turnover value
Equity Intraday NSE: 0.0032% | BSE: 0.003% 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:0.05% | BSE:0.0005% (on premium) NSE: 0.053% on Premium value
Commodity Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% 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% NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery NSE: 0.0032% | BSE: 0.00275% 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%

Reliance Securities Vs Elite Wealth - Margin (Exposure)

Reliance Securities 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 Up to 3 times with 21% interest per year 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))

Reliance Securities Vs Elite Wealth - Features

Reliance 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 & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Tick Pro, Tick Web, Tick pc 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

Reliance Securities Vs Elite Wealth - Review & Rating

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

Reliance Securities Vs Elite Wealth - Request a call back from Broker

Reliance Securities Elite Wealth

Reliance Securities Vs Elite Wealth - Investment Options

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

Reliance Securities Vs Elite Wealth - Order Type

Reliance Securities 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

Reliance Securities Vs Elite Wealth - Research & Report

Reliance Securities Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Reliance Securities Vs Elite Wealth - Daily Market Report

Reliance Securities Elite Wealth
Daily Market Reports & News

Reliance Securities Vs Elite Wealth - Suitable For Investor

Reliance Securities Elite Wealth
Casual Investor
Active Investor
Trader

Reliance Securities Vs Elite Wealth - Pros & Cons

Reliance Securities Elite Wealth
Pros 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. 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. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. 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.

Reliance Securities Vs Elite Wealth - Background

Reliance Securities Elite Wealth

Reliance Securities Vs Elite Wealth - Compare All Brokers

Reliance Securities Elite Wealth

Reliance Securities Vs Elite Wealth - STT/CTT

Reliance Securities 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

Reliance Securities Vs Elite Wealth - Demat transaction charges

Reliance Securities Elite Wealth
Equity Demat Transaction Charges ₹27+ Gst per scrip per day only on sell No Charges

Reliance Securities Vs Elite Wealth - GST

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

Reliance Securities Vs Elite Wealth - SEBI Charges

Reliance Securities Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Reliance Securities Vs Elite Wealth - Account Opening & AMC Charges

Reliance Securities
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹2500/- life time 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
₹2500/- life time free
₹0 (Free)
 

Reliance Securities Vs Elite Wealth

Reliance Securities Elite Wealth
 

Reliance Securities Review | Brokerage Charges, Account Opening

A Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the ..
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Elite Wealth Review | Products and Trading Platforms 

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Elite Wealth

Reliance Securities Vs Elite Wealth - Brokerage charges & Plans

Reliance Securities Elite Wealth
Commodity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% 0.03%
Currency Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% 0.03%
Equity Delivery R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% 0.33%
Equity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹33 per Lot
Commodity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot 0.03%
Equity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% 0.03%
Currency Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹33 per Lot
Fixed Charges R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% 0.03%
Equity Intraday R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% 0.03%

Reliance Securities Vs Elite Wealth - Margin (Exposure)

Reliance Securities 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 Up to 3 times with 21% interest per year 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))

Reliance Securities Vs Elite Wealth - Other Charges

Reliance Securities Elite Wealth
RMS Square Off Charge - ₹0 (Free)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20/ Call (First 20 calls/Month will be free) ₹0 (Free)
Other Brokerage Charges Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% 0.03%
Minimum Brokerage 0.05% 0.03%

Reliance Securities Vs Elite Wealth - STT/CTT

Reliance Securities 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

Reliance Securities Vs Elite Wealth - Demat transaction charges

Reliance Securities Elite Wealth
Equity Demat Transaction Charges ₹27+ Gst per scrip per day only on sell No Charges

Reliance Securities Vs Elite Wealth - GST

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

Reliance Securities Vs Elite Wealth - SEBI Charges

Reliance Securities Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Reliance Securities Vs Elite Wealth - Features

Reliance 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 & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Tick Pro, Tick Web, Tick pc 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

Reliance Securities

Elite Wealth