Elite Wealth Vs Edelweiss
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.
Elite Wealth Vs Edelweiss - Broker Details
| Elite Wealth | Edelweiss | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | N/A | 475+ |
| Brokerage | 0.03% | Lite:- ₹10/Order | Elite:- 0.030% |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs Edelweiss - Account Opening & AMC Charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs Edelweiss - Brokerage charges & Plans
| Elite Wealth | Edelweiss | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | Lite:- ₹10/Order | Elite:- 0.020% |
| Equity Delivery | 0.33% | Lite:- ₹10/Order | Elite:- 0.300% |
| Equity Options | ₹33 per Lot | Lite:- ₹10/Order | Elite:- ₹75/Lot |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | Lite:- ₹10/Order | Elite:- 0.030% |
| Currency Options | ₹33 per Lot | Lite:- ₹10/Order | Elite:- ₹20/Lot |
| Fixed Charges | 0.03% | ₹10/Order |
| Equity Intraday | 0.03% | Lite:- ₹10/Order | Elite:- 0.030% |
Elite Wealth Vs Edelweiss - Other Charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | Lite:- ₹10/Order | Elite:- 0.030% |
| Minimum Brokerage | 0.03% | Lite:- ₹10/Order |
Elite Wealth Vs Edelweiss - Transaction Charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: ₹4000/Cr (0.04%) | BSE: NA |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (Each side) |
| Equity Intraday | 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% | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) |
| Equity Options | NSE: 0.053% on Premium value | NSE: ₹5000/Cr (0.05%) | BSE: ₹5000/Cr (0.05%) (Each side) |
| Commodity | 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 | NSE:- NA | BSE:- NA |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) |
| Equity Delivery | 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% | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) |
Elite Wealth Vs Edelweiss - Margin (Exposure)
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Edelweiss - Features
| Elite Wealth | Edelweiss | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Edelweiss - Review & Rating
| Elite Wealth | Edelweiss | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Edelweiss - Request a call back from Broker
| Elite Wealth | Edelweiss | |
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Elite Wealth Vs Edelweiss - Investment Options
| Elite Wealth | Edelweiss | |
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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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Elite Wealth Vs Edelweiss - Order Type
| Elite Wealth | Edelweiss | |
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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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Elite Wealth Vs Edelweiss - Research & Report
| Elite Wealth | Edelweiss | |
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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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Elite Wealth Vs Edelweiss - Daily Market Report
| Elite Wealth | Edelweiss | |
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| Daily Market Reports & News |
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Elite Wealth Vs Edelweiss - Suitable For Investor
| Elite Wealth | Edelweiss | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Edelweiss - Pros & Cons
| Elite Wealth | Edelweiss | |
|---|---|---|
| Pros | 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 | 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. |
| Cons | 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. | 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. |
Elite Wealth Vs Edelweiss - Background
| Elite Wealth | Edelweiss | |
|---|---|---|
Elite Wealth Vs Edelweiss - Compare All Brokers
| Elite Wealth | Edelweiss | |
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Elite Wealth Vs Edelweiss - STT/CTT
| Elite Wealth | Edelweiss | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | N/A |
Elite Wealth Vs Edelweiss - Demat transaction charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals |
Elite Wealth Vs Edelweiss - GST
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Edelweiss - SEBI Charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Edelweiss - Account Opening & AMC Charges
Elite Wealth
Edelweiss
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs Edelweiss
| Elite Wealth | Edelweiss | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
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 .. |
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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.
Elite Wealth Vs Edelweiss - Brokerage charges & Plans
| Elite Wealth | Edelweiss | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | Lite:- ₹10/Order | Elite:- 0.020% |
| Equity Delivery | 0.33% | Lite:- ₹10/Order | Elite:- 0.300% |
| Equity Options | ₹33 per Lot | Lite:- ₹10/Order | Elite:- ₹75/Lot |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | Lite:- ₹10/Order | Elite:- 0.030% |
| Currency Options | ₹33 per Lot | Lite:- ₹10/Order | Elite:- ₹20/Lot |
| Fixed Charges | 0.03% | ₹10/Order |
| Equity Intraday | 0.03% | Lite:- ₹10/Order | Elite:- 0.030% |
Elite Wealth Vs Edelweiss - Margin (Exposure)
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Edelweiss - Other Charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | Lite:- ₹10/Order | Elite:- 0.030% |
| Minimum Brokerage | 0.03% | Lite:- ₹10/Order |
Elite Wealth Vs Edelweiss - STT/CTT
| Elite Wealth | Edelweiss | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | N/A |
Elite Wealth Vs Edelweiss - Demat transaction charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals |
Elite Wealth Vs Edelweiss - GST
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Edelweiss - SEBI Charges
| Elite Wealth | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Edelweiss - Features
| Elite Wealth | Edelweiss | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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