Elite Wealth Vs Paterson Securities
Elite Wealth
Paterson Securities
Paterson 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 Paterson Securities - Broker Details
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 1935 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE |
| Branches | N/A | 25 |
| Brokerage | 0.03% | 0.05% (minimum) |
| Broker Type | Full Service Broker | Discount Broker |
Elite Wealth Vs Paterson Securities - Account Opening & AMC Charges
| Elite Wealth | Paterson 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 | Rs. 400 + GST per annum |
| Trading Account AMC | ₹0 (Free) | NA |
Elite Wealth Vs Paterson Securities - Brokerage charges & Plans
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.05% (minimum) |
| Equity Delivery | 0.33% | 0.5% (minimum) |
| Equity Options | ₹33 per Lot | 0.05% (minimum) |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | 0.05% (minimum) |
| Currency Options | ₹33 per Lot | 0.05% (minimum) |
| Fixed Charges | 0.03% | 0.05% (minimum) |
| Equity Intraday | 0.03% | 0.05% (minimum) |
Elite Wealth Vs Paterson Securities - Other Charges
| Elite Wealth | Paterson Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.03% | 0.05% (minimum) |
| Minimum Brokerage | 0.03% | 0.05% (minimum) |
Elite Wealth Vs Paterson Securities - Transaction Charges
| Elite Wealth | Paterson 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 Options - 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 Paterson Securities - Margin (Exposure)
| Elite Wealth | Paterson 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 Paterson Securities - Features
| Elite Wealth | Paterson 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. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Paterson Securities - Review & Rating
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Paterson Securities - Request a call back from Broker
| Elite Wealth | Paterson Securities | |
|---|---|---|
Elite Wealth Vs Paterson Securities - Investment Options
| Elite Wealth | Paterson 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 Paterson Securities - Order Type
| Elite Wealth | Paterson 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 Paterson Securities - Research & Report
| Elite Wealth | Paterson 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 Paterson Securities - Daily Market Report
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Paterson Securities - Suitable For Investor
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Paterson Securities - Pros & Cons
| Elite Wealth | Paterson 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. Experience and Expertise 2. Research and Analysis 3. Transparency and Integrity 4. Responsive Customer Service, 5. User-Friendly Trading Platform, 6. Customized Investment Solutions |
| 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. Limited Accessibility, 2. Lack of Personalized Investment Advice, 3. Restricted Access to Certain Markets or Investment Types, 4. Potential for Technical Glitches or Platform Outages |
Elite Wealth Vs Paterson Securities - Background
| Elite Wealth | Paterson Securities | |
|---|---|---|
Elite Wealth Vs Paterson Securities - Compare All Brokers
| Elite Wealth | Paterson Securities | |
|---|---|---|
Elite Wealth Vs Paterson Securities - STT/CTT
| Elite Wealth | Paterson 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) | 0.003% 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 | 0.002% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
Elite Wealth Vs Paterson Securities - Demat transaction charges
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | N/A |
Elite Wealth Vs Paterson Securities - GST
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Paterson Securities - SEBI Charges
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Paterson Securities - Account Opening & AMC Charges
Elite Wealth
Paterson 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
Rs. 400 + GST per annum
Trading Account AMC
₹0 (Free)
NA
Elite Wealth Vs Paterson Securities
| Elite Wealth | Paterson Securities | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
Paterson Securities Account Opening Process and Charges Detail |
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Paterson Securities
Paterson 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 Paterson Securities - Brokerage charges & Plans
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.05% (minimum) |
| Equity Delivery | 0.33% | 0.5% (minimum) |
| Equity Options | ₹33 per Lot | 0.05% (minimum) |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | 0.05% (minimum) |
| Currency Options | ₹33 per Lot | 0.05% (minimum) |
| Fixed Charges | 0.03% | 0.05% (minimum) |
| Equity Intraday | 0.03% | 0.05% (minimum) |
Elite Wealth Vs Paterson Securities - Margin (Exposure)
| Elite Wealth | Paterson 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 Paterson Securities - Other Charges
| Elite Wealth | Paterson Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.03% | 0.05% (minimum) |
| Minimum Brokerage | 0.03% | 0.05% (minimum) |
Elite Wealth Vs Paterson Securities - STT/CTT
| Elite Wealth | Paterson 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) | 0.003% 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 | 0.002% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
Elite Wealth Vs Paterson Securities - Demat transaction charges
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | N/A |
Elite Wealth Vs Paterson Securities - GST
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Paterson Securities - SEBI Charges
| Elite Wealth | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Paterson Securities - Features
| Elite Wealth | Paterson 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. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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