Edelweiss Vs Elite Wealth
Edelweiss
Edelwiess is a full service Broker. Edelwiess 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.
Edelweiss Vs Elite Wealth - Broker Details
| Edelweiss | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1990 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 475+ | N/A |
| Brokerage | Lite:- ₹10/Order | Elite:- 0.030% | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Edelweiss Vs Elite Wealth - Account Opening & AMC Charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 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 | ₹0 (Free) | ₹0 (Free) |
Edelweiss Vs Elite Wealth - Brokerage charges & Plans
| Edelweiss | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | 0.03% |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | 0.33% |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | 0.03% |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹33 per Lot |
| Fixed Charges | ₹10/Order | 0.03% |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | 0.03% |
Edelweiss Vs Elite Wealth - Other Charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | - | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | 0.03% |
| Minimum Brokerage | Lite:- ₹10/Order | 0.03% |
Edelweiss Vs Elite Wealth - Transaction Charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| Currency Options | NSE: ₹4000/Cr (0.04%) | BSE: NA | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (Each side) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | 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: ₹5000/Cr (0.05%) | BSE: ₹5000/Cr (0.05%) (Each side) | NSE: 0.053% on Premium value |
| Commodity | NSE:- NA | BSE:- NA | 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: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | 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% |
Edelweiss Vs Elite Wealth - Margin (Exposure)
| Edelweiss | 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 | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 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)) |
Edelweiss Vs Elite Wealth - Features
| Edelweiss | 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:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 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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Edelweiss Vs Elite Wealth - Review & Rating
| Edelweiss | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Edelweiss Vs Elite Wealth - Request a call back from Broker
| Edelweiss | Elite Wealth | |
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Edelweiss Vs Elite Wealth - Investment Options
| Edelweiss | 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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Edelweiss Vs Elite Wealth - Order Type
| Edelweiss | 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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Edelweiss Vs Elite Wealth - Research & Report
| Edelweiss | 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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Edelweiss Vs Elite Wealth - Daily Market Report
| Edelweiss | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Edelweiss Vs Elite Wealth - Suitable For Investor
| Edelweiss | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Edelweiss Vs Elite Wealth - Pros & Cons
| Edelweiss | Elite Wealth | |
|---|---|---|
| Pros | 1. It is a full-service broker that offers various discount brokerage plan. 2. It provides the flat ₹10 per executed order brokerage across all trading segments. 3. It avails the customers with the free research, trading tips and recommendations. 4. It provides an instant paperless online account opening facility. 5. It provides excellent trading software that work smoothly on mobile and desktop. 6. It provides various online IPO investment services. 7. It provides high leverage facilities across the cash, F&O and the CDS segments. 8. It provides relationship managers and various add-on services such as PMS to its 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.Customer service is not upto the mark, 2. It charges a high minimum brokerage as 3 paisa per share in delivery and 1 paisa per share on the Intraday and Futures. 3. It avails its customers with Call and Trade at an additional cost of ₹20 per call. 4. It charges ₹50 per month for the research calls and trading tips. | 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. |
Edelweiss Vs Elite Wealth - Background
| Edelweiss | Elite Wealth | |
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Edelweiss Vs Elite Wealth - Compare All Brokers
| Edelweiss | Elite Wealth | |
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Edelweiss Vs Elite Wealth - STT/CTT
| Edelweiss | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | N/A | 0.05% on Sell Side |
Edelweiss Vs Elite Wealth - Demat transaction charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | No Charges |
Edelweiss Vs Elite Wealth - GST
| Edelweiss | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Edelweiss Vs Elite Wealth - SEBI Charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs Elite Wealth - Account Opening & AMC Charges
Edelweiss
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 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
₹0 (Free)
₹0 (Free)
Edelweiss Vs Elite Wealth
| Edelweiss | Elite Wealth | |
|---|---|---|
Edelweiss Review | Brokerage Charges, Account OpeningEdelweiss trading limited is a full-service stock broker that was incorporated in the year 2008. It is Mumbai-based full-service stock-broking firm. Edelweiss online share trading is the part of renowned Edelweiss Group which was incorporated in 1995 and is a leading diversified financial service company. Ed .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Edelweiss Vs Elite Wealth - Brokerage charges & Plans
| Edelweiss | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | 0.03% |
| Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | 0.33% |
| Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | 0.03% |
| Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹33 per Lot |
| Fixed Charges | ₹10/Order | 0.03% |
| Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | 0.03% |
Edelweiss Vs Elite Wealth - Margin (Exposure)
| Edelweiss | 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 | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 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)) |
Edelweiss Vs Elite Wealth - Other Charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | - | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | 0.03% |
| Minimum Brokerage | Lite:- ₹10/Order | 0.03% |
Edelweiss Vs Elite Wealth - STT/CTT
| Edelweiss | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | N/A | 0.05% on Sell Side |
Edelweiss Vs Elite Wealth - Demat transaction charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | No Charges |
Edelweiss Vs Elite Wealth - GST
| Edelweiss | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Edelweiss Vs Elite Wealth - SEBI Charges
| Edelweiss | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs Elite Wealth - Features
| Edelweiss | 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:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 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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