Bajaj Finserve Vs Elite Wealth
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Bajaj Finserve Vs Elite Wealth - Broker Details
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 1990 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 294+ | N/A |
| Brokerage | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Bajaj Finserve Vs Elite Wealth - Account Opening & AMC Charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹199- (2nd Year Onwards) | 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 | ₹899- per annum | ₹0 (Free) |
Bajaj Finserve Vs Elite Wealth - Brokerage charges & Plans
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | N/A | 0.03% |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.33% |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% |
| Currency Options | N/A | ₹33 per Lot |
| Fixed Charges | N/A | 0.03% |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% |
Bajaj Finserve Vs Elite Wealth - Other Charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
Bajaj Finserve Vs Elite Wealth - Transaction Charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Currency Options | N/A | 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% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | 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) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% | 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 | N/A | 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:- Charges vary as per the scrip group | Clearing charges:- Nil | 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% |
Bajaj Finserve Vs Elite Wealth - Margin (Exposure)
| Bajaj Finserve | 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)) |
Bajaj Finserve Vs Elite Wealth - Features
| Bajaj Finserve | 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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 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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Bajaj Finserve Vs Elite Wealth - Review & Rating
| Bajaj Finserve | Elite Wealth | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Bajaj Finserve Vs Elite Wealth - Request a call back from Broker
| Bajaj Finserve | Elite Wealth | |
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Bajaj Finserve Vs Elite Wealth - Investment Options
| Bajaj Finserve | 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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Bajaj Finserve Vs Elite Wealth - Order Type
| Bajaj Finserve | 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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Bajaj Finserve Vs Elite Wealth - Research & Report
| Bajaj Finserve | Elite Wealth | |
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| 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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Bajaj Finserve Vs Elite Wealth - Daily Market Report
| Bajaj Finserve | Elite Wealth | |
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| Daily Market Reports & News |
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Bajaj Finserve Vs Elite Wealth - Suitable For Investor
| Bajaj Finserve | Elite Wealth | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Bajaj Finserve Vs Elite Wealth - Pros & Cons
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Pros | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. | 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.High equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. | 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. |
Bajaj Finserve Vs Elite Wealth - Background
| Bajaj Finserve | Elite Wealth | |
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Bajaj Finserve Vs Elite Wealth - Compare All Brokers
| Bajaj Finserve | Elite Wealth | |
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Bajaj Finserve Vs Elite Wealth - STT/CTT
| Bajaj Finserve | 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 |
Bajaj Finserve Vs Elite Wealth - Demat transaction charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | No Charges |
Bajaj Finserve Vs Elite Wealth - GST
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Bajaj Finserve Vs Elite Wealth - SEBI Charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bajaj Finserve Vs Elite Wealth - Account Opening & AMC Charges
Bajaj Finserve
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹199- (2nd Year Onwards)
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
₹899- per annum
₹0 (Free)
Bajaj Finserve Vs Elite Wealth
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Bajaj Finserve Vs Elite Wealth - Brokerage charges & Plans
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | N/A | 0.03% |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.33% |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% |
| Currency Options | N/A | ₹33 per Lot |
| Fixed Charges | N/A | 0.03% |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% |
| Call Back Open Account |
Bajaj Finserve Vs Elite Wealth - Margin (Exposure)
| Bajaj Finserve | 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)) |
| Call Back Open Account |
Bajaj Finserve Vs Elite Wealth - Other Charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
Bajaj Finserve Vs Elite Wealth - STT/CTT
| Bajaj Finserve | 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 |
Bajaj Finserve Vs Elite Wealth - Demat transaction charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | No Charges |
Bajaj Finserve Vs Elite Wealth - GST
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Bajaj Finserve Vs Elite Wealth - SEBI Charges
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bajaj Finserve Vs Elite Wealth - Features
| Bajaj Finserve | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 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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| Call Back Open Account |