Sushil Finance Vs Elite Wealth
Sushil Finance
Sushil Finance Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Sushil Finance Vs Elite Wealth - Broker Details
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1982 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 367 | N/A |
| Brokerage | 0.03% | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Sushil Finance Vs Elite Wealth - Account Opening & AMC Charges
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + GST per year | 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 | NA | ₹0 (Free) |
Sushil Finance Vs Elite Wealth - Brokerage charges & Plans
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.03% | 0.03% |
| Equity Delivery | 0.35% | 0.33% |
| Equity Options | ₹60 per lot | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | 0.03% | 0.03% |
| Currency Options | ₹60 per lot | ₹33 per Lot |
| Fixed Charges | 0.03% | 0.03% |
| Equity Intraday | 0.03% | 0.03% |
Sushil Finance Vs Elite Wealth - Other Charges
| Sushil Finance | 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 | 0.03% | 0.03% |
| Minimum Brokerage | 0.03% | 0.03% |
Sushil Finance Vs Elite Wealth - Transaction Charges
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Currency Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | 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:5050 Per Cr | BSE:3700 Per Cr | NSE: 0.053% on Premium value |
| Commodity | N/A | 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:200 Per Cr | BSE:FREE | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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% |
Sushil Finance Vs Elite Wealth - Margin (Exposure)
| Sushil Finance | 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 (no margin) | 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)) |
Sushil Finance Vs Elite Wealth - Features
| Sushil Finance | 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:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 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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Sushil Finance Vs Elite Wealth - Review & Rating
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Sushil Finance Vs Elite Wealth - Request a call back from Broker
| Sushil Finance | Elite Wealth | |
|---|---|---|
Sushil Finance Vs Elite Wealth - Investment Options
| Sushil Finance | 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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Sushil Finance Vs Elite Wealth - Order Type
| Sushil Finance | 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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Sushil Finance Vs Elite Wealth - Research & Report
| Sushil Finance | Elite Wealth | |
|---|---|---|
| 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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Sushil Finance Vs Elite Wealth - Daily Market Report
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Sushil Finance Vs Elite Wealth - Suitable For Investor
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sushil Finance Vs Elite Wealth - Pros & Cons
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Pros | 1. Sushil Finance might offer a wide range of investment 2.Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. Effective customer support 6. Market and historical data available. | 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. Nonavailability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Sushil Finance charges high fees for their services 4. Higher minimum deposit requirements. 5. The call and trade are present at an additional fee. | 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. |
Sushil Finance Vs Elite Wealth - Background
| Sushil Finance | Elite Wealth | |
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Sushil Finance Vs Elite Wealth - Compare All Brokers
| Sushil Finance | Elite Wealth | |
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Sushil Finance Vs Elite Wealth - STT/CTT
| Sushil Finance | 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 both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Sushil Finance Vs Elite Wealth - Demat transaction charges
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | No Charges |
Sushil Finance Vs Elite Wealth - GST
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sushil Finance Vs Elite Wealth - SEBI Charges
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sushil Finance Vs Elite Wealth - Account Opening & AMC Charges
Sushil Finance
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + GST per year
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
NA
₹0 (Free)
Sushil Finance Vs Elite Wealth
| Sushil Finance | Elite Wealth | |
|---|---|---|
Sushil Finance Account Opening Charges and Required Documents Details |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Sushil Finance Vs Elite Wealth - Brokerage charges & Plans
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.03% | 0.03% |
| Equity Delivery | 0.35% | 0.33% |
| Equity Options | ₹60 per lot | ₹33 per Lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | 0.03% | 0.03% |
| Currency Options | ₹60 per lot | ₹33 per Lot |
| Fixed Charges | 0.03% | 0.03% |
| Equity Intraday | 0.03% | 0.03% |
Sushil Finance Vs Elite Wealth - Margin (Exposure)
| Sushil Finance | 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 (no margin) | 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)) |
Sushil Finance Vs Elite Wealth - Other Charges
| Sushil Finance | 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 | 0.03% | 0.03% |
| Minimum Brokerage | 0.03% | 0.03% |
Sushil Finance Vs Elite Wealth - STT/CTT
| Sushil Finance | 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 both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Sushil Finance Vs Elite Wealth - Demat transaction charges
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | No Charges |
Sushil Finance Vs Elite Wealth - GST
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sushil Finance Vs Elite Wealth - SEBI Charges
| Sushil Finance | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sushil Finance Vs Elite Wealth - Features
| Sushil Finance | Elite Wealth | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 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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