Elite Wealth Vs Hensex Securities
Elite Wealth
Hensex Securities
Hensex Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Elite Wealth Vs Hensex Securities - Broker Details
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 2000-2001 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | N/A | 10+ |
| Brokerage | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs Hensex Securities - Account Opening & AMC Charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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 | First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Elite Wealth Vs Hensex Securities - Brokerage charges & Plans
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Commodity Futures | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order |
| Currency Futures | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Delivery | 0.33% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order |
| Equity Options | ₹33 per Lot | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Commodity Options | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Equity Futures | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Currency Options | ₹33 per Lot | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Fixed Charges | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Intraday | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
Elite Wealth Vs Hensex Securities - Other Charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per executed order |
| Other Brokerage Charges | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Minimum Brokerage | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
Elite Wealth Vs Hensex Securities - Transaction Charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.002% |
| 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% | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.053% |
| 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 | Commodity Futures- 0.0026% | Commodity option- 0.05% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.0009% | BSE: 0.00022% |
| 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% | BSE: 0.00345% | NSE: 0.00345% |
Elite Wealth Vs Hensex Securities - Margin (Exposure)
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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) |
Elite Wealth Vs Hensex Securities - Features
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Hensex Securities - Review & Rating
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Hensex Securities - Request a call back from Broker
| Elite Wealth | Hensex Securities | |
|---|---|---|
Elite Wealth Vs Hensex Securities - Investment Options
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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 Hensex Securities - Order Type
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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 Hensex Securities - Research & Report
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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 Hensex Securities - Daily Market Report
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Hensex Securities - Suitable For Investor
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Hensex Securities - Pros & Cons
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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. Hensex broker offers competitive brokerage rates, 2. They provide a wide range of investment options and financial products, 3. Hensex broker offers advanced trading platforms and tools, 4.They provide research and analysis to assist investors in making informed decisions, 5. Hensex broker offers reliable customer support and assistance. |
| 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. Hensex broker may have higher account maintenance fees or minimum balance requirements, 2. They might have limited accessibility or availability in certain regions, 3. Hensex broker may lack certain advanced features or tools compared to other brokers, 4. They may have a smaller network or fewer branch locations, 5. Hensex broker may not offer certain specialized investment options or services. |
Elite Wealth Vs Hensex Securities - Background
| Elite Wealth | Hensex Securities | |
|---|---|---|
Elite Wealth Vs Hensex Securities - Compare All Brokers
| Elite Wealth | Hensex Securities | |
|---|---|---|
Elite Wealth Vs Hensex Securities - STT/CTT
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% on the sell side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
Elite Wealth Vs Hensex Securities - Demat transaction charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹25/- per scrip (excluding GST) |
Elite Wealth Vs Hensex Securities - GST
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Hensex Securities - SEBI Charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Hensex Securities - Account Opening & AMC Charges
Elite Wealth
Hensex Securities
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
First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Elite Wealth Vs Hensex Securities
| Elite Wealth | Hensex Securities | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Hensex Securities Review 2024 |
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Hensex Securities
Hensex Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Elite Wealth Vs Hensex Securities - Brokerage charges & Plans
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Commodity Futures | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order |
| Currency Futures | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Delivery | 0.33% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order |
| Equity Options | ₹33 per Lot | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Commodity Options | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Equity Futures | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Currency Options | ₹33 per Lot | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Fixed Charges | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Intraday | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
Elite Wealth Vs Hensex Securities - Margin (Exposure)
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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) |
Elite Wealth Vs Hensex Securities - Other Charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per executed order |
| Other Brokerage Charges | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Minimum Brokerage | 0.03% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
Elite Wealth Vs Hensex Securities - STT/CTT
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% on the sell side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
Elite Wealth Vs Hensex Securities - Demat transaction charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹25/- per scrip (excluding GST) |
Elite Wealth Vs Hensex Securities - GST
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Hensex Securities - SEBI Charges
| Elite Wealth | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Hensex Securities - Features
| Elite Wealth | Hensex Securities | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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