Sernet Financial Vs Elite Wealth
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Sernet Financial Vs Elite Wealth - Broker Details
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 1990 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | NA | N/A |
| Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Sernet Financial Vs Elite Wealth - Account Opening & AMC Charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account AMC | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹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 | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹0 (Free) |
Sernet Financial Vs Elite Wealth - Brokerage charges & Plans
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | 0.33% |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹33 per Lot |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹33 per Lot |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
Sernet Financial Vs Elite Wealth - Other Charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per Order | ₹0 (Free) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
Sernet Financial Vs Elite Wealth - Transaction Charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | 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 | NSE: 0.00325% | BSE: 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: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: 0.053% on Premium value |
| Commodity | Exchange txn charge: 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 – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | 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: 0.00325% | 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% |
Sernet Financial Vs Elite Wealth - Margin (Exposure)
| Sernet Financial | 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 (no margin) | 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)) |
Sernet Financial Vs Elite Wealth - Features
| Sernet Financial | 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 :03:18 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web 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 |
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| Direct Mutual Fund |
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Sernet Financial Vs Elite Wealth - Review & Rating
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Sernet Financial Vs Elite Wealth - Request a call back from Broker
| Sernet Financial | Elite Wealth | |
|---|---|---|
Sernet Financial Vs Elite Wealth - Investment Options
| Sernet Financial | 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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Sernet Financial Vs Elite Wealth - Order Type
| Sernet Financial | 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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Sernet Financial Vs Elite Wealth - Research & Report
| Sernet Financial | 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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Sernet Financial Vs Elite Wealth - Daily Market Report
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Sernet Financial Vs Elite Wealth - Suitable For Investor
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sernet Financial Vs Elite Wealth - Pros & Cons
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. | 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 Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. | 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. |
Sernet Financial Vs Elite Wealth - Background
| Sernet Financial | Elite Wealth | |
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Sernet Financial Vs Elite Wealth - Compare All Brokers
| Sernet Financial | Elite Wealth | |
|---|---|---|
Sernet Financial Vs Elite Wealth - STT/CTT
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Sernet Financial Vs Elite Wealth - Demat transaction charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | No Charges |
Sernet Financial Vs Elite Wealth - GST
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sernet Financial Vs Elite Wealth - SEBI Charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Elite Wealth - Account Opening & AMC Charges
Sernet Financial
Elite Wealth
Trading Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account AMC
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹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
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹0 (Free)
Sernet Financial Vs Elite Wealth
| Sernet Financial | Elite Wealth | |
|---|---|---|
Sernet Financial Account Opening Process and Charges Details |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Sernet Financial Vs Elite Wealth - Brokerage charges & Plans
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | 0.33% |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹33 per Lot |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹33 per Lot |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
Sernet Financial Vs Elite Wealth - Margin (Exposure)
| Sernet Financial | 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 (no margin) | 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)) |
Sernet Financial Vs Elite Wealth - Other Charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per Order | ₹0 (Free) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.03% |
Sernet Financial Vs Elite Wealth - STT/CTT
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Sernet Financial Vs Elite Wealth - Demat transaction charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | No Charges |
Sernet Financial Vs Elite Wealth - GST
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sernet Financial Vs Elite Wealth - SEBI Charges
| Sernet Financial | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Elite Wealth - Features
| Sernet Financial | 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web 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 |
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| Direct Mutual Fund |
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