Vedika Vanijya Vs Elite Wealth
Vedika Vanijya
Vedika Vanijya Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Vedika Vanijya Vs Elite Wealth - Broker Details
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | N/A |
| Brokerage | ₹20 per order | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Vedika Vanijya Vs Elite Wealth - Account Opening & AMC Charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹200 (online) | ₹400 (offline) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 Free | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year (For Non-corporate account) | 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) |
Vedika Vanijya Vs Elite Wealth - Brokerage charges & Plans
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.03% |
| Currency Futures | ₹20 per order | 0.03% |
| Equity Delivery | ₹20 per order | 0.33% |
| Equity Options | ₹20 per order | ₹33 per Lot |
| Commodity Options | ₹20 per order | 0.03% |
| Equity Futures | ₹20 per order | 0.03% |
| Currency Options | ₹20 per order | ₹33 per Lot |
| Fixed Charges | ₹20 per order | 0.03% |
| Equity Intraday | ₹20 per order | 0.03% |
Vedika Vanijya Vs Elite Wealth - Other Charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹40/- Per Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹40/- Per Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | 0.03% |
| Minimum Brokerage | ₹20 per order | 0.03% |
Vedika Vanijya Vs Elite Wealth - Transaction Charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 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% on premium value | NSE: 0.053% on Premium value |
| Commodity | 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 Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 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% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | 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- 0.00375% | 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% |
Vedika Vanijya Vs Elite Wealth - Margin (Exposure)
| Vedika Vanijya | 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)) |
Vedika Vanijya Vs Elite Wealth - Features
| Vedika Vanijya | 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. V2 Mobile App, 2. Vedika Web Portal, 3. V2 Desktop EXE-based 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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Vedika Vanijya Vs Elite Wealth - Review & Rating
| Vedika Vanijya | Elite Wealth | |
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| Trading Brokerage | ||
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| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
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Vedika Vanijya Vs Elite Wealth - Request a call back from Broker
| Vedika Vanijya | Elite Wealth | |
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Vedika Vanijya Vs Elite Wealth - Investment Options
| Vedika Vanijya | 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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Vedika Vanijya Vs Elite Wealth - Order Type
| Vedika Vanijya | Elite Wealth | |
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| 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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Vedika Vanijya Vs Elite Wealth - Research & Report
| Vedika Vanijya | 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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Vedika Vanijya Vs Elite Wealth - Daily Market Report
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Vedika Vanijya Vs Elite Wealth - Suitable For Investor
| Vedika Vanijya | Elite Wealth | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Vedika Vanijya Vs Elite Wealth - Pros & Cons
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Excellent Customer Service and Support 3. Excellent customer service and support, 4. Competitive Pricing and Low Fees 5. Financial Independence | 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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. |
Vedika Vanijya Vs Elite Wealth - Background
| Vedika Vanijya | Elite Wealth | |
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Vedika Vanijya Vs Elite Wealth - Compare All Brokers
| Vedika Vanijya | Elite Wealth | |
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Vedika Vanijya Vs Elite Wealth - STT/CTT
| Vedika Vanijya | 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 buy & 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 |
Vedika Vanijya Vs Elite Wealth - Demat transaction charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50/ Request + GST | No Charges |
Vedika Vanijya Vs Elite Wealth - GST
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Vedika Vanijya Vs Elite Wealth - SEBI Charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vedika Vanijya Vs Elite Wealth - Account Opening & AMC Charges
Vedika Vanijya
Elite Wealth
Trading Account Opening Charge
₹200 (online) | ₹400 (offline)
₹0 (Free)
Demat Account Opening Charge
₹0 Free
₹0 (Free)
Demat Account AMC
₹300 per Year (For Non-corporate account)
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)
Vedika Vanijya Vs Elite Wealth
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
Vedika Vanijya Account Opening Process and Charges Details |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Vedika Vanijya Vs Elite Wealth - Brokerage charges & Plans
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.03% |
| Currency Futures | ₹20 per order | 0.03% |
| Equity Delivery | ₹20 per order | 0.33% |
| Equity Options | ₹20 per order | ₹33 per Lot |
| Commodity Options | ₹20 per order | 0.03% |
| Equity Futures | ₹20 per order | 0.03% |
| Currency Options | ₹20 per order | ₹33 per Lot |
| Fixed Charges | ₹20 per order | 0.03% |
| Equity Intraday | ₹20 per order | 0.03% |
Vedika Vanijya Vs Elite Wealth - Margin (Exposure)
| Vedika Vanijya | 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)) |
Vedika Vanijya Vs Elite Wealth - Other Charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹40/- Per Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹40/- Per Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | 0.03% |
| Minimum Brokerage | ₹20 per order | 0.03% |
Vedika Vanijya Vs Elite Wealth - STT/CTT
| Vedika Vanijya | 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 buy & 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 |
Vedika Vanijya Vs Elite Wealth - Demat transaction charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50/ Request + GST | No Charges |
Vedika Vanijya Vs Elite Wealth - GST
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Vedika Vanijya Vs Elite Wealth - SEBI Charges
| Vedika Vanijya | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vedika Vanijya Vs Elite Wealth - Features
| Vedika Vanijya | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. V2 Mobile App, 2. Vedika Web Portal, 3. V2 Desktop EXE-based 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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