Elite Wealth Review, Brokerage Charges, Demat Account & more

Elite Wealth being a private company is in this industry from two decades. They have vast experience.

In this article, we are going to discuss about Elite Wealth review, its brokerage charges, demat account, trading platforms, offers & more.

Elite Wealth offers

Elite Wealth Customer Ratings & Review

Experience 2.5/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.3/5
Stock Research & Advisory 2.6/5
Trading Platforms 2.4/5
Overall Ratings 2.7/5
Star Ratings ★★★☆☆
Total Client Reviews 62


About Elite Wealth

Company Type Private
Broker Type Full Service Broker
Headquarters New Delhi, Delhi
Founder Ravinder Prakash Seth
Established Year 1990

Elite Wealth Elite Wealth is a full-service broker located in New Delhi which has abundant experience of 19 years.

Ravinder Prakash Seth founded it in 1990. Elite Wealth is a private company which provides full brokerage services.

Open Demat Account with Elite Wealth

Fill Your Details Here
  1. Open Demat Account

Elite Wealth Brokerage Charges

Equity Delivery Trading 0.33%
Equity Intraday Trading 0.03%
Commodity Options Trading 0.03%
Equity Futures Trading 0.03%
Equity Options Trading Rs.33 per Lot
Currency Futures Trading 0.03%
Currency Options Trading Rs.33 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Rs.333 per Annum
Trading AMC Charges Free
Margin Money Minimum Rs.5,000
Brokerage Calculator Elite Wealth Brokerage Calculator

The brokerage charges of Elite Wealth are different for each outstanding section. For Equity Delivery Trading, the cost is 0.33%.

The charges for Equity Intraday Trading, Commodity Options Trading, currency future trading, and Equity Future Trading are 0.03%.

The Equity Options trading is Rs.33 per lot. The currency options Trading is Rs.33 per lot. The cost for Demat AMC is Rs.333 per annum and Trading AMC charges are free. It offers the margin money of minimum Rs.5000.

Depending on the plan and the deposit, the brokerage charges might differ.

Find Brokerage Charges of other Brokers

SBICap Securities Aditya Birla Money Asit C Mehta Investment Bonanza Portfolio
5Paisa Alice Blue Online Astha Trade Choice Broking
Zerodha Anand Rathi BMA Wealth Creators Geojit Finance

Elite Wealth Other Charges

Transaction Charges 0.00300%
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)

The transaction charges are 0.00400%, and STT charges are 0.0126 of total turnover.

The SEBI turnover charges are 0.0002% of the total turnover. The stamp duty is minimal, and the GST rate is 18%.


Elite Wealth Demat Account Opening Fees

Depository Source CDSL & NSDL
Account Opening Charges Rs.230
Demat AMC Charges Rs.333 per Annum
Trading AMC Charges Free
Margin Money Minimum Rs.5,000
Offline to Online Yes

The depository source for Elite Wealth is CDSL and NDSL. The account opening charges are Rs.230 and Demat AMC charges are Rs.333 per annum and Trading AMC charges are nil.

The margin money is of minimum Rs.5000 and it can be converted from offline to online.

Elite Wealth Offers

Free Demat Account No
Free Trading Account Yes
Discount on Brokerage Yes
Trading Happy Hours No
Flexible Brokerage Plans No
1 Month Brokerage Free No
Holiday Offers Yes
Referral Offers Yes
Zero Brokerage for Loss Making Trades No

Elite Wealth provides a variant range of offers for its customers. Some of them are listed below:

  • Free Account Trading
  • Discount on Brokerage
  • Holiday offers
  • Referral offers

To know about offers of other stock brokers check below

Integrated Enterprises Karuna Finance Mangal Keshav Securities HEM Securities
Intime Equities Kaynet Finance Mansukh Securities HSE Securities
Inventure Growth Khandwala Securities Manubhai Mangaldas IFCI Financial

How to Open a Demat Account with Elite Wealth?

It has become a standard procedure to do KYC on almost all platforms and this one is no exception. Follow these steps for successful opening of Demat Account.

  • Click on the Open Demat Account button below & fill up the pop-up form
  • Upon email verification, they will ask to submit KYC documents
  • KYC documents here to submit are Aadhar card, PAN card, documents for identification and address proof and photograph
  • After this, one of the agents from the company will contact for in-person verification
  • This completing all these steps will make your demat account active and users can start trading

Why Open Elite Wealth Trading Account?

These are some of the reasons to open a trading account with this Company.

  • Nominal fees
  • Many offers like Brokerage discounts and referral offers
  • Lot of products and services available to users
  • Trading software and app cover all major platforms

Get a Call back from Elite Wealth

Fill Your Details Here
  1. Open Demat Account

Elite Wealth Products & Services

Here are the list of Products & Services provided by the broking company –

Products Offered by Elite Wealth:

Equity Trading Yes
Commodity Trading Yes
Currency Trading Yes
Options Yes
Futures Yes
Mutual Funds No
Forex Yes
Banking No
Insurance Yes

Elite wealth comes up with different products for its customers which are listed as follows:

  • Equity Trading
  • Commodity Trading
  • Currency Trading
  • Options
  • Futures
  • Forex
  • Insurance

Elite Wealth Service Offerings:

Demat Services Yes
Trading Services Yes
3 in 1 Acount No
Intraday Services Yes
IPO Services Yes
Stock Recommendations No
Robo Advisory No
Trading Institution No
Trading Exposure Upto 6X

They provide the best trading solutions to their investors.

Elite Wealth comes up with numerous services in order to attract its customer and to ease out brokerage services which make Elite Wealth an attractive company to deal with.

Here is the list of vibrant services provided by the company:

  • Demat services
  • Trading Services
  • Intraday Services
  • IPO services

Along with the above, the stock broker offers a trading exposure upto 6X.


Elite Wealth Research, Advisory and Stock Tips

Fundamental Reports No
Research Reports No
Company Reports No
Annual Reports No
Company Stock Review No
Free Stock Tips Yes
IPO Reports Yes
Top Picks No
Daily Market Review No
Monthly Reports No
Weekly Reports No
Offline Advisory Yes
Relationship Manager Yes

For the purpose of convenience to brokers, brokerage service companies usually come up with such services in which they provide advice and research facilities for its customer in some particular topics and so does Elite Wealth.

Following research and advisory services are provided by the company:

  • Free stock tips
  • IPO reports
  • Offline advisory
  • Relationship manager

Elite Wealth Exposure or Leverage

Equity Delivery Upto 2X
Equity Intraday Upto 6X
Equity Futures Upto 2X
Equity Options Upto 6X
Currency Futures Upto 4X
Currency Options Upto 2X
Commodities Upto 3X
Margin Calculator Elite Wealth Margin Calculator

The leverage provided by the broking house is kind of above average and is listed below:

  • Equity Delivery Upto 2X
  • Equity Intraday Upto 6X
  • Futures Upto 2X
  • Options Upto 6X
  • Currency Futures Upto 4X
  • Currency Options Upto 2X
  • Commodities Upto 3X

Find Exposure or Margin of other Stock Brokers

ISE Securities Lakshmishree Investment Marfatia Stock Broking Indbank Online
JK Securities LFS Broking Marwadi Group India Advantage
Joindre Capital LKP Securities Maverick Brokers Indianivesh Securities

Elite Wealth Trading Platforms

Elite Wealth comes up with the following trading platforms for brokerage services:

  • Trading Terminal for both windows and Mac.
  • Mobile app for Android as well as iOS users
Desktop Platform – Windows Yes
Desktop Platform – Mac Yes
Desktop Browser Platform No
Mobile Site Platform No
Android App Platform Yes
iOS App Platform Yes
Windows App Platform No
Other Mobile OS Platform No
Real time Updates Yes
Portfolio Details Yes
Online MF Buy No
News Flash Yes
Research Reports No
Easy Installation No
Global Indices Yes
Stock Tips Yes
Personalized Advisory No
Interactive Charts No
Live Markets Yes
SMS Alerts No
Email Alerts Yes
Multi Account Management No

Elite Wealth Trading terminal:

After successful registration, now it is the time for users to start trading. People can download software for both platforms Windows and Mac from the official site.

You should log in with your credentials to download this software.

Elite Wealth Mobile Trading App:

Elite Wealth Company are providing free android and IOS apps. The process will be the same. The UI is designed in a way so that options and navigation is all user friendly to mobile users.

The working and advantages remain the same like email alerts, real time updates, weekly reports and so on.

Elite Wealth Customer Care

Dedicated Dealer No
Offline Trading Yes
Online Trading Yes
24*7 Support No
Support Number NA
Email Support Yes
Chat Support No
Toll Free Number No
Branches 15

Elite Wealth has set down certain guidelines in order to provide well and efficient customer support which is very significant for the brokerage companies.

The company does its best to perform well for the customers and remain totally intact for the purpose of it.

Following customer services are provided by Elite Wealth to build up a good chain of customer support:

  • Offline trading
  • Online trading
  • Email support

Also, the stock broker owns 15 branches for any face-to-face instant support or contact in different regions. They are best known for providing Equity Trading and known for its advisors expertise on stock markets.

Elite Wealth Complaints and Feedback

Find the list of complaint below –

Lodged in BSE 0
Resolved in BSE 0
Lodged in NSE 3
Resolved in NSE 3

In order to provide a crystal clear review for the company, it is important to recognize the areas of default within and here are the customer complaints drafted with the respective fields of problem.

There were 0 complaints in BSE, and 3 were lodged in NSE which were resolved successfully.

Elite Wealth Disadvantages:

There are a few disadvantages working with this company and are as follows.

  • Flexible Brokerage plans is not available
  • The broking house don’t provide stock recommendations
  • No Research and Annual reports
  • Web platform is not available

Elite Wealth Conclusion

With more than 1.1 million client bases, Elite Wealth has become the 1st choice of various investors across all the sectors.

The company thus keep evolving and use offers to attract more clients.

Open Demat Account with Elite Wealth

Fill Your Details Here
  1. Open Demat Account

Find Reviews of other Stock Brokers

Just Trade LSE Securities Fyers Indira Securities
Kalpataru Multiplier Maheshwari Financial Elite Wealth Inditrade Capital
Kantilal Chhaganlal Securities Mandot Securities Finvasia Indus Portfolio

Featured Topics:

Top 10 Discount Brokers in India

Top 10 Full Service Brokers in India

Best Intraday Trading Brokers in India

Top 10 Sub Broker Partner in India

Best Stock Broker in India

Best Demat Account in India

90% Brokerage Discount Offer

Leave a Reply

Your email address will not be published. Required fields are marked *

Get 90% Discount on Brokerage Now! Open Demat Account

Share your details & Become Sub Broker Now!

  1. Become Sub Broker

Offer valid for limited time.


Share your details & Open Demat A/C Now!

  1. Open Demat Account

Offer valid for limited time.


Share your details & Get IPO Allotment Now!

  1. Invest in IPO

Offer valid for limited time.


Share your details & Invest in PMS Now!

  1. Invest in PMS

Offer valid for limited time.