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Quick Comparision (SBICAP Securities VS Elite Wealth)

 
 

SBICAP Securities Vs Elite Wealth

SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry


Elite Wealth

SBICAP Securities Vs Elite Wealth - Broker Details

SBICAP Securities Elite Wealth
Single Margin Facility
Year of Incorporation 1986 1990
Exchanges NSE, BSE NSE, BSE, MCX and NCDEX
Branches 141+ N/A
Brokerage 0.075% 0.03%
Broker Type Full service Broker Full Service Broker

SBICAP Securities Vs Elite Wealth - Account Opening & AMC Charges

SBICAP Securities Elite Wealth
Trading Account Opening Charge ₹850/- ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹750 (₹500/- for e-statement) 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 ₹0 (Free) ₹0 (Free)

SBICAP Securities Vs Elite Wealth - Brokerage charges & Plans

SBICAP Securities Elite Wealth
Commodity Futures Intraday:- 0.03% | Delivery:- 0.05% 0.03%
Currency Futures Intraday:- ₹50 | Delivery:- ₹100/- 0.03%
Equity Delivery Intraday:- 0.075% | Delivery:- 0.50% 0.33%
Equity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹33 per Lot
Commodity Options Intraday:- ₹50 | Delivery:- ₹100/- 0.03%
Equity Futures Intraday:- 0.03% | Delivery:- 0.05% 0.03%
Currency Options Intraday:- ₹20 | Delivery:- ₹30/- ₹33 per Lot
Fixed Charges Intraday:- 0.075% | Delivery:- 0.50% 0.03%
Equity Intraday Intraday:- 0.075% | Delivery:- 0.50% 0.03%

SBICAP Securities Vs Elite Wealth - Other Charges

SBICAP Securities Elite Wealth
RMS Square Off Charge ₹20/Order ₹0 (Free)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹10/Order ₹0 (Free)
Other Brokerage Charges Intraday:- 0.075% | Delivery:- 0.50% 0.03%
Minimum Brokerage ₹20/Order 0.03%

SBICAP Securities Vs Elite Wealth - Transaction Charges

SBICAP Securities Elite Wealth
Currency Options NSE: 0.05515% ( ₹5515/Crore) NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE:- 0.002206% ( ₹221/Crore) NSE: 0.00195% on Total Turnover value
Equity Intraday NSE: 0.00386% | BSE: 0.00384% 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- 0.05515% (Rs.5515/crore) NSE: 0.053% on Premium value
Commodity N/A 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 0.002206% NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery NSE: 0.00386% | BSE: 0.00384% 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%

SBICAP Securities Vs Elite Wealth - Margin (Exposure)

SBICAP 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 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))

SBICAP Securities Vs Elite Wealth - Features

SBICAP 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile 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
Direct Mutual Fund

SBICAP Securities Vs Elite Wealth - Review & Rating

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

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

SBICAP Securities Elite Wealth

SBICAP Securities Vs Elite Wealth - Investment Options

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

SBICAP Securities Vs Elite Wealth - Order Type

SBICAP 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

SBICAP Securities Vs Elite Wealth - Research & Report

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

SBICAP Securities Vs Elite Wealth - Daily Market Report

SBICAP Securities Elite Wealth
Daily Market Reports & News

SBICAP Securities Vs Elite Wealth - Suitable For Investor

SBICAP Securities Elite Wealth
Casual Investor
Active Investor
Trader

SBICAP Securities Vs Elite Wealth - Pros & Cons

SBICAP Securities Elite Wealth
Pros 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. 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.

SBICAP Securities Vs Elite Wealth - Background

SBICAP Securities Elite Wealth

SBICAP Securities Vs Elite Wealth - Compare All Brokers

SBICAP Securities Elite Wealth

SBICAP Securities Vs Elite Wealth - STT/CTT

SBICAP 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

SBICAP Securities Vs Elite Wealth - Demat transaction charges

SBICAP Securities Elite Wealth
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell No Charges

SBICAP Securities Vs Elite Wealth - GST

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

SBICAP Securities Vs Elite Wealth - SEBI Charges

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

SBICAP Securities Vs Elite Wealth - Account Opening & AMC Charges

SBICAP Securities
Elite Wealth
Trading Account Opening Charge
₹850/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
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
₹0 (Free)
₹0 (Free)
 

SBICAP Securities Vs Elite Wealth

SBICAP Securities Elite Wealth
 

SBICAP Securities Review | Brokerage Charges, Account Opening

Incorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries.
• SBICAP Securities Limited
• SBICAP V ..
+ " Vs "+ Elite Wealth

Elite Wealth Review | Products and Trading Platforms 

Read more..

 
 

Elite Wealth

SBICAP Securities Vs Elite Wealth - Brokerage charges & Plans

SBICAP Securities Elite Wealth
Commodity Futures Intraday:- 0.03% | Delivery:- 0.05% 0.03%
Currency Futures Intraday:- ₹50 | Delivery:- ₹100/- 0.03%
Equity Delivery Intraday:- 0.075% | Delivery:- 0.50% 0.33%
Equity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹33 per Lot
Commodity Options Intraday:- ₹50 | Delivery:- ₹100/- 0.03%
Equity Futures Intraday:- 0.03% | Delivery:- 0.05% 0.03%
Currency Options Intraday:- ₹20 | Delivery:- ₹30/- ₹33 per Lot
Fixed Charges Intraday:- 0.075% | Delivery:- 0.50% 0.03%
Equity Intraday Intraday:- 0.075% | Delivery:- 0.50% 0.03%

SBICAP Securities Vs Elite Wealth - Margin (Exposure)

SBICAP 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 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))

SBICAP Securities Vs Elite Wealth - Other Charges

SBICAP Securities Elite Wealth
RMS Square Off Charge ₹20/Order ₹0 (Free)
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹10/Order ₹0 (Free)
Other Brokerage Charges Intraday:- 0.075% | Delivery:- 0.50% 0.03%
Minimum Brokerage ₹20/Order 0.03%

SBICAP Securities Vs Elite Wealth - STT/CTT

SBICAP 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

SBICAP Securities Vs Elite Wealth - Demat transaction charges

SBICAP Securities Elite Wealth
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell No Charges

SBICAP Securities Vs Elite Wealth - GST

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

SBICAP Securities Vs Elite Wealth - SEBI Charges

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

SBICAP Securities Vs Elite Wealth - Features

SBICAP 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile 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
Direct Mutual Fund

SBICAP Securities

Elite Wealth