Reliance Securities Vs Elite Wealth
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities 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.
Reliance Securities Vs Elite Wealth - Broker Details
| Reliance Securities | Elite Wealth | |
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| Single Margin Facility |
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| Year of Incorporation | 2005 | 1990 |
| Exchanges | NSE, BSE&MCX-SX, NCDEX, NMCE | NSE, BSE, MCX and NCDEX |
| Branches | 80+ | N/A |
| Brokerage | 0.05% | 0.03% |
| Broker Type | Full service Broker | Full Service Broker |
Reliance Securities Vs Elite Wealth - Account Opening & AMC Charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹2500/- life time free | 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 | ₹2500/- life time free | ₹0 (Free) |
Reliance Securities Vs Elite Wealth - Brokerage charges & Plans
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.03% |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.03% |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | 0.33% |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹33 per Lot |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | 0.03% |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.03% |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹33 per Lot |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.03% |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.03% |
Reliance Securities Vs Elite Wealth - Other Charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | - | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | ₹0 (Free) |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.03% |
| Minimum Brokerage | 0.05% | 0.03% |
Reliance Securities Vs Elite Wealth - Transaction Charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Currency Options | NSE: 0.04174% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0009% | BSE: 0.0005% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.0032% | BSE: 0.003% | 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:0.05% | BSE:0.0005% (on premium) | NSE: 0.053% on Premium value |
| Commodity | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | 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: 0.0009% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.0032% | BSE: 0.00275% | 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% |
Reliance Securities Vs Elite Wealth - Margin (Exposure)
| Reliance 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 | Up to 3 times with 21% interest per year | 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)) |
Reliance Securities Vs Elite Wealth - Features
| Reliance 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 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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Reliance Securities Vs Elite Wealth - Review & Rating
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Reliance Securities Vs Elite Wealth - Request a call back from Broker
| Reliance Securities | Elite Wealth | |
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Reliance Securities Vs Elite Wealth - Investment Options
| Reliance Securities | 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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Reliance Securities Vs Elite Wealth - Order Type
| Reliance 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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Reliance Securities Vs Elite Wealth - Research & Report
| Reliance 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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Reliance Securities Vs Elite Wealth - Daily Market Report
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Reliance Securities Vs Elite Wealth - Suitable For Investor
| Reliance Securities | Elite Wealth | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Reliance Securities Vs Elite Wealth - Pros & Cons
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Pros | 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum 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 have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. | 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. |
Reliance Securities Vs Elite Wealth - Background
| Reliance Securities | Elite Wealth | |
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Reliance Securities Vs Elite Wealth - Compare All Brokers
| Reliance Securities | Elite Wealth | |
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Reliance Securities Vs Elite Wealth - STT/CTT
| Reliance 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 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 |
Reliance Securities Vs Elite Wealth - Demat transaction charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | No Charges |
Reliance Securities Vs Elite Wealth - GST
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Reliance Securities Vs Elite Wealth - SEBI Charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs Elite Wealth - Account Opening & AMC Charges
Reliance Securities
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹2500/- life time free
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
₹2500/- life time free
₹0 (Free)
Reliance Securities Vs Elite Wealth
| Reliance Securities | Elite Wealth | |
|---|---|---|
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Reliance Securities Vs Elite Wealth - Brokerage charges & Plans
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.03% |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.03% |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | 0.33% |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹33 per Lot |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | 0.03% |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | 0.03% |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹33 per Lot |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.03% |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.03% |
Reliance Securities Vs Elite Wealth - Margin (Exposure)
| Reliance 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 | Up to 3 times with 21% interest per year | 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)) |
Reliance Securities Vs Elite Wealth - Other Charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | - | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | ₹0 (Free) |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.03% |
| Minimum Brokerage | 0.05% | 0.03% |
Reliance Securities Vs Elite Wealth - STT/CTT
| Reliance 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 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 |
Reliance Securities Vs Elite Wealth - Demat transaction charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | No Charges |
Reliance Securities Vs Elite Wealth - GST
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Reliance Securities Vs Elite Wealth - SEBI Charges
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs Elite Wealth - Features
| Reliance Securities | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 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 | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 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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