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Quick Comparision (Zerodha VS Elite Wealth)

 
 

Zerodha Vs Elite Wealth

Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints


Elite Wealth

Zerodha Vs Elite Wealth - Broker Details

Zerodha Elite Wealth
Single Margin Facility
Year of Incorporation 2010 1990
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches 120+ N/A
Brokerage ₹20/ Order or 0.03% 0.03%
Broker Type Discount Broker Full Service Broker
Call Back Open Account

Zerodha Vs Elite Wealth - Account Opening & AMC Charges

Zerodha Elite Wealth
Trading Account Opening Charge ₹200 ₹0 (Free)
Demat Account Opening Charge ₹200 ₹0 (Free)
Demat Account AMC ₹300/Year + GST charged quarterly (90 days) 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)
Call Back Open Account

Zerodha Vs Elite Wealth - Brokerage charges & Plans

Zerodha Elite Wealth
Commodity Futures ₹20/ Order or 0.03% (whichever is lower) 0.03%
Currency Futures ₹20/ Order or 0.03% (whichever is lower) 0.03%
Equity Delivery Zero Brokerage 0.33%
Equity Options ₹20/ Order ₹33 per Lot
Commodity Options ₹20/ Order or 0.03%(whichever is lower) 0.03%
Equity Futures ₹20/ Order or 0.03% (whichever is lower) 0.03%
Currency Options ₹20/ Order or 0.03% (whichever is lower) ₹33 per Lot
Fixed Charges ₹20/Order 0.03%
Equity Intraday ₹20/ Order or 0.03% (whichever is lower) 0.03%
Call Back Open Account

Zerodha Vs Elite Wealth - Other Charges

Zerodha Elite Wealth
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹2000/ Month ₹0 (Free)
Call & Trade Charges ₹50/ Order ₹0 (Free)
Other Brokerage Charges ₹20 or 0.03% (whichever is lower) 0.03%
Minimum Brokerage ₹20/ Order 0.03%
Call Back Open Account

Zerodha Vs Elite Wealth - Transaction Charges

Zerodha 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: 0.002% NSE: 0.00195% on Total Turnover value
Equity Intraday NSE: 0.00345% | BSE: 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% (on premium) NSE: 0.053% on Premium value
Commodity Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |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: 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: 0.00345% | BSE: 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%
Call Back Open Account

Zerodha Vs Elite Wealth - Margin (Exposure)

Zerodha Elite Wealth
Equity Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 5x (20% margin) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + exposure))
Commodity Options 1x(100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margins(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 margins(SPAN + Exposure) 1x (100% of Normal margin (Span + exposure))
Equity Futures 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Call Back Open Account

Zerodha Vs Elite Wealth - Features

Zerodha 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel 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
Call Back Open Account

Zerodha Vs Elite Wealth - Review & Rating

Zerodha Elite Wealth
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Zerodha Vs Elite Wealth - Request a call back from Broker

Zerodha Elite Wealth
Call Back Open Account

Zerodha Vs Elite Wealth - Investment Options

Zerodha Elite Wealth
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Zerodha Vs Elite Wealth - Order Type

Zerodha 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
Call Back Open Account

Zerodha Vs Elite Wealth - Research & Report

Zerodha Elite Wealth
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Zerodha Vs Elite Wealth - Daily Market Report

Zerodha Elite Wealth
Daily Market Reports & News
Call Back Open Account

Zerodha Vs Elite Wealth - Suitable For Investor

Zerodha Elite Wealth
Casual Investor
Active Investor
Trader
Call Back Open Account

Zerodha Vs Elite Wealth - Pros & Cons

Zerodha Elite Wealth
Pros 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the 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 provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment 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.
Call Back Open Account

Zerodha Vs Elite Wealth - Background

Zerodha Elite Wealth
Call Back Open Account

Zerodha Vs Elite Wealth - Compare All Brokers

Zerodha Elite Wealth
Call Back Open Account

Zerodha Vs Elite Wealth - STT/CTT

Zerodha 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
Call Back Open Account

Zerodha Vs Elite Wealth - Demat transaction charges

Zerodha Elite Wealth
Equity Demat Transaction Charges ₹13.5 + Gst per scrip (stock) No Charges
Call Back Open Account

Zerodha Vs Elite Wealth - GST

Zerodha Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Zerodha Vs Elite Wealth - SEBI Charges

Zerodha Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST ₹10/Crore
Call Back Open Account

Zerodha Vs Elite Wealth - Account Opening & AMC Charges

Zerodha
Elite Wealth
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
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)
 

Zerodha Vs Elite Wealth

Zerodha Elite Wealth
 

Zerodha Review 2024

Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in  Read more..

Elite Wealth Review | Products and Trading Platforms 

Read more..

 
 

Elite Wealth

Zerodha Vs Elite Wealth - Brokerage charges & Plans

Zerodha Elite Wealth
Commodity Futures ₹20/ Order or 0.03% (whichever is lower) 0.03%
Currency Futures ₹20/ Order or 0.03% (whichever is lower) 0.03%
Equity Delivery Zero Brokerage 0.33%
Equity Options ₹20/ Order ₹33 per Lot
Commodity Options ₹20/ Order or 0.03%(whichever is lower) 0.03%
Equity Futures ₹20/ Order or 0.03% (whichever is lower) 0.03%
Currency Options ₹20/ Order or 0.03% (whichever is lower) ₹33 per Lot
Fixed Charges ₹20/Order 0.03%
Equity Intraday ₹20/ Order or 0.03% (whichever is lower) 0.03%
Call Back Open Account

Zerodha Vs Elite Wealth - Margin (Exposure)

Zerodha Elite Wealth
Equity Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 5x (20% margin) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + exposure))
Commodity Options 1x(100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margins(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 margins(SPAN + Exposure) 1x (100% of Normal margin (Span + exposure))
Equity Futures 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of Normal margin (Span + Exposure))
Call Back Open Account

Zerodha Vs Elite Wealth - Other Charges

Zerodha Elite Wealth
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹2000/ Month ₹0 (Free)
Call & Trade Charges ₹50/ Order ₹0 (Free)
Other Brokerage Charges ₹20 or 0.03% (whichever is lower) 0.03%
Minimum Brokerage ₹20/ Order 0.03%
Call Back Open Account

Zerodha Vs Elite Wealth - STT/CTT

Zerodha 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
Call Back Open Account

Zerodha Vs Elite Wealth - Demat transaction charges

Zerodha Elite Wealth
Equity Demat Transaction Charges ₹13.5 + Gst per scrip (stock) No Charges
Call Back Open Account

Zerodha Vs Elite Wealth - GST

Zerodha Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Zerodha Vs Elite Wealth - SEBI Charges

Zerodha Elite Wealth
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST ₹10/Crore
Call Back Open Account

Zerodha Vs Elite Wealth - Features

Zerodha 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel 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
Call Back Open Account

Zerodha

Elite Wealth