Indira Securities Vs Elite Wealth
Indira Securities
Indira Securities Review gives an overall view and updates about the Indira Securities Brokerage Charges, Indira Securities Margin, Indira Securities Trading Software 2024, Indira Securities Demat Account Charges and it also gives overview on Indira Securities NRI Account, Indira Securities Branches, Indira Securities Customer Complaints, Indira Securities Advantages and Disadvantages
Indira Securities Vs Elite Wealth - Broker Details
| Indira Securities | Elite Wealth | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 1990 |
| Exchanges | NSE, BSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | 70+ | N/A |
| Brokerage | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Indira Securities Vs Elite Wealth - Account Opening & AMC Charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450 (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) |
Indira Securities Vs Elite Wealth - Brokerage charges & Plans
| Indira Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | 0.33% |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹33 per Lot |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | 0.03% |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹33 per Lot |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
Indira Securities Vs Elite Wealth - Other Charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
Indira Securities Vs Elite Wealth - Transaction Charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: ₹345/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 | NSE ₹5000/Cr (0.05%) (on premium) | NSE: 0.053% on Premium value |
| Commodity | Non-Agri: ₹260/Cr (0.0026%) | Agri: ₹600/Cr (0.006%) | 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 ₹120/Cr (0.0012%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: ₹345/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% |
Indira Securities Vs Elite Wealth - Margin (Exposure)
| Indira Securities | 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)) |
Indira Securities Vs Elite Wealth - Features
| Indira Securities | 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.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 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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Indira Securities Vs Elite Wealth - Review & Rating
| Indira Securities | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
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| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Indira Securities Vs Elite Wealth - Request a call back from Broker
| Indira Securities | Elite Wealth | |
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Indira Securities Vs Elite Wealth - Investment Options
| Indira Securities | 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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Indira Securities Vs Elite Wealth - Order Type
| Indira Securities | 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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Indira Securities Vs Elite Wealth - Research & Report
| Indira Securities | 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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Indira Securities Vs Elite Wealth - Daily Market Report
| Indira Securities | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Indira Securities Vs Elite Wealth - Suitable For Investor
| Indira Securities | Elite Wealth | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Indira Securities Vs Elite Wealth - Pros & Cons
| Indira Securities | Elite Wealth | |
|---|---|---|
| Pros | 1.Full-service broker offering discount brokerage plan. 2.Offers ODIN as trading platform. 3.No charges for Call & Trade and Auto Square-off. 4.Relationship manager even for online 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.Doesn't offer NRI trading account. 2. It does not provide 3 in 1 account. 3.It does not offer monthly unlimited trading plans. | 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. |
Indira Securities Vs Elite Wealth - Background
| Indira Securities | Elite Wealth | |
|---|---|---|
Indira Securities Vs Elite Wealth - Compare All Brokers
| Indira Securities | Elite Wealth | |
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Indira Securities Vs Elite Wealth - STT/CTT
| Indira Securities | 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 |
Indira Securities Vs Elite Wealth - Demat transaction charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | No Charges |
Indira Securities Vs Elite Wealth - GST
| Indira Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Indira Securities Vs Elite Wealth - SEBI Charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Indira Securities Vs Elite Wealth - Account Opening & AMC Charges
Indira Securities
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450 (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)
Indira Securities Vs Elite Wealth
| Indira Securities | Elite Wealth | |
|---|---|---|
Indira Securities Review | Brokerage Charges, Account Opening‘Gateway to Prosperity’ is the tagline of the Indira Securities Private Limited which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which a .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Indira Securities Vs Elite Wealth - Brokerage charges & Plans
| Indira Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | 0.33% |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹33 per Lot |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | 0.03% |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹33 per Lot |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
Indira Securities Vs Elite Wealth - Margin (Exposure)
| Indira Securities | 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)) |
Indira Securities Vs Elite Wealth - Other Charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
Indira Securities Vs Elite Wealth - STT/CTT
| Indira Securities | 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 |
Indira Securities Vs Elite Wealth - Demat transaction charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | No Charges |
Indira Securities Vs Elite Wealth - GST
| Indira Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Indira Securities Vs Elite Wealth - SEBI Charges
| Indira Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Indira Securities Vs Elite Wealth - Features
| Indira Securities | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 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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