Geojit Vs Elite Wealth
Geojit
Geojit Review gives an overall view and updates about the Geojit Brokerage Charges, Geojit Margin, Geojit Trading Software 2024, Geojit Demat Account Charges and it also gives overview on Geojit NRI Account, Geojit Branches, Geojit Customer Complaints, Geojit Advantages and Disadvantages, Geojit Research and Advisory services, Geojit Financial Products as well as strong presence in Indian Brokerage Industry
Geojit Vs Elite Wealth - Broker Details
| Geojit | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1987 | 1990 |
| Exchanges | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 540+ | N/A |
| Brokerage | 0.03 % | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Geojit Vs Elite Wealth - Account Opening & AMC Charges
| Geojit | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400/- per annum | 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) |
Geojit Vs Elite Wealth - Brokerage charges & Plans
| Geojit | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.03 % | 0.03% |
| Equity Delivery | Invest Max:-0.30% |Trade Max:-0.30% |Trade Crash:-0.30% | 0.33% |
| Equity Options | Invest Max:-50/Lot|Trade Max:-₹20/Lot(Slab Rate)|Trade Crash:-50/Lot | ₹33 per Lot |
| Commodity Options | ₹50/ Lot | 0.03% |
| Equity Futures | Invest Max:-0.01% | Trade Max:-₹40/Lot(Slab Rate) | Trade Crash:- 0.03% | 0.03% |
| Currency Options | ₹50/ Lot | ₹33 per Lot |
| Fixed Charges | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | 0.03% |
| Equity Intraday | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | 0.03% |
Geojit Vs Elite Wealth - Other Charges
| Geojit | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Lot | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Lot | ₹0 (Free) |
| Other Brokerage Charges | 0.03 % | 0.03% |
| Minimum Brokerage | ₹20/Order | 0.03% |
Geojit Vs Elite Wealth - Transaction Charges
| Geojit | Elite Wealth | |
|---|---|---|
| Currency Options | ₹4730/Cr (0.0473%) on premium | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | ₹210/Cr (0.0021%) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | ₹325/Cr (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 | ₹5500/Cr (0.05%) | 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 | ₹145/Cr (0.00145%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | ₹325/Cr (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% |
Geojit Vs Elite Wealth - Margin (Exposure)
| Geojit | 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)) |
Geojit Vs Elite Wealth - Features
| Geojit | 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Selfie Geojit- Mobile app 2.Hello Geojit - Finacial service app 3. Geojit SELFIE PLATINUM | 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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Geojit Vs Elite Wealth - Review & Rating
| Geojit | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Geojit Vs Elite Wealth - Request a call back from Broker
| Geojit | Elite Wealth | |
|---|---|---|
Geojit Vs Elite Wealth - Investment Options
| Geojit | Elite Wealth | |
|---|---|---|
| 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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Geojit Vs Elite Wealth - Order Type
| Geojit | 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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Geojit Vs Elite Wealth - Research & Report
| Geojit | 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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Geojit Vs Elite Wealth - Daily Market Report
| Geojit | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Geojit Vs Elite Wealth - Suitable For Investor
| Geojit | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Geojit Vs Elite Wealth - Pros & Cons
| Geojit | Elite Wealth | |
|---|---|---|
| Pros | 1.Free research and recommendations. 2.Free account opening. 3.Excellent online trading platforms 4 No hidden charges | 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 the facility of 3-in-1 account, Portfolio Management Service (PMS), tips and research report and an online IPO. | 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. |
Geojit Vs Elite Wealth - Background
| Geojit | Elite Wealth | |
|---|---|---|
Geojit Vs Elite Wealth - Compare All Brokers
| Geojit | Elite Wealth | |
|---|---|---|
Geojit Vs Elite Wealth - STT/CTT
| Geojit | 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% only on sell | 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 both Buy and 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 |
Geojit Vs Elite Wealth - Demat transaction charges
| Geojit | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | 0.02% of transaction value (minimum ₹15) | No Charges |
Geojit Vs Elite Wealth - GST
| Geojit | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Geojit Vs Elite Wealth - SEBI Charges
| Geojit | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Geojit Vs Elite Wealth - Account Opening & AMC Charges
Geojit
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400/- per annum
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)
Geojit Vs Elite Wealth
| Geojit | Elite Wealth | |
|---|---|---|
Geojit Financial Services Limited Review | Brokerage Charges, Account OpeningInvestment is the key of prosperous life but investing is not easy as it depends on experience and perception. Investing in the stock market can be right or wrong, it doesn’t matter but the only thing matters how much you earned when you were right and how much you lost when you were wrong. A broker is a mediator between .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Geojit Vs Elite Wealth - Brokerage charges & Plans
| Geojit | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.03 % | 0.03% |
| Equity Delivery | Invest Max:-0.30% |Trade Max:-0.30% |Trade Crash:-0.30% | 0.33% |
| Equity Options | Invest Max:-50/Lot|Trade Max:-₹20/Lot(Slab Rate)|Trade Crash:-50/Lot | ₹33 per Lot |
| Commodity Options | ₹50/ Lot | 0.03% |
| Equity Futures | Invest Max:-0.01% | Trade Max:-₹40/Lot(Slab Rate) | Trade Crash:- 0.03% | 0.03% |
| Currency Options | ₹50/ Lot | ₹33 per Lot |
| Fixed Charges | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | 0.03% |
| Equity Intraday | Invest Max:-0.30% |Trade Max:-₹20/Order or 0.03%(Which ever lower) |Trade Crash:-₹20/Order or 0.03% (Which ever lower) | 0.03% |
Geojit Vs Elite Wealth - Margin (Exposure)
| Geojit | 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)) |
Geojit Vs Elite Wealth - Other Charges
| Geojit | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Lot | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Lot | ₹0 (Free) |
| Other Brokerage Charges | 0.03 % | 0.03% |
| Minimum Brokerage | ₹20/Order | 0.03% |
Geojit Vs Elite Wealth - STT/CTT
| Geojit | 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% only on sell | 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 both Buy and 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 |
Geojit Vs Elite Wealth - Demat transaction charges
| Geojit | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | 0.02% of transaction value (minimum ₹15) | No Charges |
Geojit Vs Elite Wealth - GST
| Geojit | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Geojit Vs Elite Wealth - SEBI Charges
| Geojit | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Geojit Vs Elite Wealth - Features
| Geojit | 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Selfie Geojit- Mobile app 2.Hello Geojit - Finacial service app 3. Geojit SELFIE PLATINUM | 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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