Definedge Securities Vs Elite Wealth
Definedge Securities
Definedge Securities Vs Elite Wealth - Broker Details
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
| Branches | 270 | N/A |
| Brokerage | ₹18 per executed order | 0.03% |
| Broker Type | Discount Broker | Full Service Broker |
Definedge Securities Vs Elite Wealth - Account Opening & AMC Charges
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | 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 | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs Elite Wealth - Brokerage charges & Plans
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Equity Delivery | ₹0 (Free) | 0.33% |
| Equity Options | ₹18 per executed order | ₹33 per Lot |
| Commodity Options | ₹18 per executed order | 0.03% |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Currency Options | ₹18 per executed order | ₹33 per Lot |
| Fixed Charges | ₹18 per executed order | 0.03% |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.03% |
Definedge Securities Vs Elite Wealth - Transaction Charges
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (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 ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) 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 ₹50/ Cr (0.0005%) (on premium) | NSE: 0.053% on Premium value |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 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 ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | 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% |
Definedge Securities Vs Elite Wealth - Margin (Exposure)
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Definedge Securities Vs Elite Wealth - Features
| Definedge Securities | Elite Wealth | |
|---|---|---|
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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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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Definedge Securities Vs Elite Wealth - Review & Rating
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Definedge Securities Vs Elite Wealth - Request a call back from Broker
| Definedge Securities | Elite Wealth | |
|---|---|---|
Definedge Securities Vs Elite Wealth - Investment Options
| Definedge 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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Definedge Securities Vs Elite Wealth - Order Type
| Definedge 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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Definedge Securities Vs Elite Wealth - Research & Report
| Definedge 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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Definedge Securities Vs Elite Wealth - Suitable For Investor
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Definedge Securities Vs Elite Wealth - Pros & Cons
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 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. |
Definedge Securities Vs Elite Wealth - Background
| Definedge Securities | Elite Wealth | |
|---|---|---|
Definedge Securities Vs Elite Wealth - Compare All Brokers
| Definedge Securities | Elite Wealth | |
|---|---|---|
Definedge Securities Vs Elite Wealth - STT/CTT
| Definedge 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 | 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 |
Definedge Securities Vs Elite Wealth - Demat transaction charges
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | No Charges |
Definedge Securities Vs Elite Wealth - GST
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs Elite Wealth - SEBI Charges
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Elite Wealth - extractvalue(1,concat(char(126),md5(1525732647)))
| Definedge Securities | Elite Wealth | |
|---|---|---|
Definedge Securities Vs Elite Wealth - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))
| Definedge Securities | Elite Wealth | |
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Definedge Securities Vs Elite Wealth - Account Opening & AMC Charges
Definedge Securities
Elite Wealth
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
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
₹300 AMC
₹0 (Free)
Definedge Securities Vs Elite Wealth
| Definedge Securities | Elite Wealth | |
|---|---|---|
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Definedge Securities Vs Elite Wealth - Brokerage charges & Plans
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Equity Delivery | ₹0 (Free) | 0.33% |
| Equity Options | ₹18 per executed order | ₹33 per Lot |
| Commodity Options | ₹18 per executed order | 0.03% |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.03% |
| Currency Options | ₹18 per executed order | ₹33 per Lot |
| Fixed Charges | ₹18 per executed order | 0.03% |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.03% |
Definedge Securities Vs Elite Wealth - Margin (Exposure)
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Definedge Securities Vs Elite Wealth - STT/CTT
| Definedge 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 | 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 |
Definedge Securities Vs Elite Wealth - Demat transaction charges
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | No Charges |
Definedge Securities Vs Elite Wealth - GST
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs Elite Wealth - SEBI Charges
| Definedge Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Elite Wealth - Features
| Definedge Securities | Elite Wealth | |
|---|---|---|
|
|
|
|
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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