iTradeOnline Vs Elite Wealth
iTradeOnline
iTradeOnline Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, iTradeOnline Demat Account Charges and it also gives overview on iTradeOnline NRI Account, iTradeOnline Branches, iTradeOnline Customer Complaints, iTradeOnline Advantages and Disadvantages, iTradeOnline Demat Account Opening as well as information related to share market, iTradeOnline Research Services
iTradeOnline Vs Elite Wealth - Broker Details
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 1990 |
| Exchanges | NSE, BSE, NCDEX & MCX | NSE, BSE, MCX and NCDEX |
| Branches | 400+ | N/A |
| Brokerage | ₹20/ Order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
iTradeOnline Vs Elite Wealth - Account Opening & AMC Charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + Service tax | ₹0 (Free) |
| Demat Account Opening Charge | ₹1000 + Service tax (Lifetime AMC) | ₹0 (Free) |
| Demat Account AMC | ₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC) | 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 | ₹0 (Free) | ₹0 (Free) |
iTradeOnline Vs Elite Wealth - Brokerage charges & Plans
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Delivery | ₹20/ Order or 0.03% (whichever is lower) | 0.33% |
| Equity Options | ₹20/ Order or 0.03% (whichever is lower) | ₹33 per Lot |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹33 per Lot |
| Fixed Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
iTradeOnline Vs Elite Wealth - Other Charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
iTradeOnline Vs Elite Wealth - Transaction Charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Currency Options | NSE: ₹4000/Cr (on premium) (0.04%) | BSE: 1500 | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: ₹190/Cr (0.0019%) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: ₹325/Cr | BSE: ₹1.5/Trade (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%) | NSE: 0.053% on Premium value |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | 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: ₹90/Cr (0.0009%) | BSE: ₹18/Cr (0.00018%) | 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 | BSE: ₹1.5/Trade (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% |
iTradeOnline Vs Elite Wealth - Margin (Exposure)
| iTradeOnline | 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 | 1x (100% of trade value) | 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)) |
iTradeOnline Vs Elite Wealth - Features
| iTradeOnline | 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:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal | 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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iTradeOnline Vs Elite Wealth - Review & Rating
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
iTradeOnline Vs Elite Wealth - Request a call back from Broker
| iTradeOnline | Elite Wealth | |
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iTradeOnline Vs Elite Wealth - Investment Options
| iTradeOnline | 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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iTradeOnline Vs Elite Wealth - Order Type
| iTradeOnline | Elite Wealth | |
|---|---|---|
| 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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iTradeOnline Vs Elite Wealth - Research & Report
| iTradeOnline | 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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iTradeOnline Vs Elite Wealth - Daily Market Report
| iTradeOnline | Elite Wealth | |
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| Daily Market Reports & News |
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iTradeOnline Vs Elite Wealth - Suitable For Investor
| iTradeOnline | Elite Wealth | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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iTradeOnline Vs Elite Wealth - Pros & Cons
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Pros | 1. Lifetime FREE AMC Demat Account is available with a one-time fee of ₹1000. 2. The 2-in-1 account is available (Trading + Demat Account) 3. Trading available at BSE, NSE, and MCX 4.Paperless Instant Account Opening is available with EKYC and Aadhar integration.5.Low-cost brokerage services | 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. Higher demat changes in comparison to other discount brokers. 2.It does not provide 3 in 1 account. 3.Trading API's are not available to retail customers. | 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. |
iTradeOnline Vs Elite Wealth - Background
| iTradeOnline | Elite Wealth | |
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iTradeOnline Vs Elite Wealth - Compare All Brokers
| iTradeOnline | Elite Wealth | |
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iTradeOnline Vs Elite Wealth - STT/CTT
| iTradeOnline | 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 buy & 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 |
iTradeOnline Vs Elite Wealth - Demat transaction charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 + GST per scrip only on sell | No Charges |
iTradeOnline Vs Elite Wealth - GST
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
iTradeOnline Vs Elite Wealth - SEBI Charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
iTradeOnline Vs Elite Wealth - Account Opening & AMC Charges
iTradeOnline
Elite Wealth
Trading Account Opening Charge
₹200 + Service tax
₹0 (Free)
Demat Account Opening Charge
₹1000 + Service tax (Lifetime AMC)
₹0 (Free)
Demat Account AMC
₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC)
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
₹0 (Free)
₹0 (Free)
iTradeOnline Vs Elite Wealth
| iTradeOnline | Elite Wealth | |
|---|---|---|
iTradeOnline ReviewiTradeonline is an online venture of Trustline Securities Limited. A broker is considered as a mediator between the exchanges and investors and plays a key role in the investing part of any trader so it is quite important to choose a diverse and technical-driven platform. iTradeonline broker provides the facility to invest in .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
iTradeOnline Vs Elite Wealth - Brokerage charges & Plans
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Delivery | ₹20/ Order or 0.03% (whichever is lower) | 0.33% |
| Equity Options | ₹20/ Order or 0.03% (whichever is lower) | ₹33 per Lot |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹33 per Lot |
| Fixed Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
iTradeOnline Vs Elite Wealth - Margin (Exposure)
| iTradeOnline | 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 | 1x (100% of trade value) | 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)) |
iTradeOnline Vs Elite Wealth - Other Charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
iTradeOnline Vs Elite Wealth - STT/CTT
| iTradeOnline | 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 buy & 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 |
iTradeOnline Vs Elite Wealth - Demat transaction charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 + GST per scrip only on sell | No Charges |
iTradeOnline Vs Elite Wealth - GST
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
iTradeOnline Vs Elite Wealth - SEBI Charges
| iTradeOnline | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
iTradeOnline Vs Elite Wealth - Features
| iTradeOnline | 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:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal | 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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