Paytm Money Vs Choice Broking
Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs Choice Broking - Broker Details
| Paytm Money | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2018 | 2010 |
| Exchanges | BSE and NSE | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | Zero | 50+ |
| Brokerage | ₹15/ Order | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Paytm Money Vs Choice Broking - Account Opening & AMC Charges
| Paytm Money | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Paytm Money Vs Choice Broking - Brokerage charges & Plans
| Paytm Money | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | N/A | 0.02% |
| Equity Delivery | 2.5% or ₹15/Order | 0.2% |
| Equity Options | ₹15/ Order | ₹25/Lot |
| Commodity Options | N/A | ₹50/Lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.02% |
| Currency Options | N/A | ₹20/Lot |
| Fixed Charges | ₹15/ Order | 0.02% |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.02% |
Paytm Money Vs Choice Broking - Other Charges
| Paytm Money | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹100/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹15/ Order | ₹25/Lot |
| Minimum Brokerage | ₹15/ Order | 0.02% |
Paytm Money Vs Choice Broking - Transaction Charges
| Paytm Money | Choice Broking | |
|---|---|---|
| Currency Options | N/A | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE - 0.002% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE/BSE:- 0.00345% |
| Equity Options | 0.053% on Option premium | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | N/A | Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% |
| Currency Futures | N/A | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover | NSE/BSE:- 0.00345% |
Paytm Money Vs Choice Broking - Margin (Exposure)
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Paytm Money Vs Choice Broking - Features
| Paytm Money | Choice Broking | |
|---|---|---|
| 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:- 3:10 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Paytm Money Vs Choice Broking - Review & Rating
| Paytm Money | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Paytm Money Vs Choice Broking - Request a call back from Broker
| Paytm Money | Choice Broking | |
|---|---|---|
Paytm Money Vs Choice Broking - Investment Options
| Paytm Money | Choice Broking | |
|---|---|---|
| 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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Paytm Money Vs Choice Broking - Order Type
| Paytm Money | Choice Broking | |
|---|---|---|
| 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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Paytm Money Vs Choice Broking - Research & Report
| Paytm Money | Choice Broking | |
|---|---|---|
| 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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Paytm Money Vs Choice Broking - Daily Market Report
| Paytm Money | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Paytm Money Vs Choice Broking - Suitable For Investor
| Paytm Money | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Paytm Money Vs Choice Broking - Pros & Cons
| Paytm Money | Choice Broking | |
|---|---|---|
| Pros | 1. Simple and user friendly Trading Platform 2. Lowest trading charges and free Equity delivery 3. No maintenance Charges 4. Instant Account open 5. You can invest in digital gold, Mutual Fund and NPS | 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. |
| Cons | 1. Zero Margin Facility 2. Paytm Money do not offer NRI Trading 3. Commodity and Currency trading are not Available in Paytm Money 4. There is no Branch Support | 1. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. |
Paytm Money Vs Choice Broking - Background
| Paytm Money | Choice Broking | |
|---|---|---|
Paytm Money Vs Choice Broking - Compare All Brokers
| Paytm Money | Choice Broking | |
|---|---|---|
Paytm Money Vs Choice Broking - STT/CTT
| Paytm Money | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Paytm Money Vs Choice Broking - Demat transaction charges
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Paytm Money Vs Choice Broking - GST
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Paytm Money Vs Choice Broking - SEBI Charges
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Paytm Money Vs Choice Broking - Account Opening & AMC Charges
Paytm Money
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Paytm Money Vs Choice Broking
| Paytm Money | Choice Broking | |
|---|---|---|
Paytm Money Review | Brokerage Charges, Account OpeningPaytm announced its entry into stockbroking through the launch of Paytm Money. The discount broker Paytm Money is an online investment and advisory platform targeted at first-time users. It’s a subsidiary of Noida-based One97 Communications, the company that owns Paytm, and is India’s largest digital payment platfo .. + " Vs "+ Choice Broking |
Choice Broking Review | Brokerage Charges, Account OpeningChoice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 b .. |
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Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Paytm Money Vs Choice Broking - Brokerage charges & Plans
| Paytm Money | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | N/A | 0.02% |
| Equity Delivery | 2.5% or ₹15/Order | 0.2% |
| Equity Options | ₹15/ Order | ₹25/Lot |
| Commodity Options | N/A | ₹50/Lot |
| Equity Futures | ₹15/ Order or 0.02% (whichever is lower) | 0.02% |
| Currency Options | N/A | ₹20/Lot |
| Fixed Charges | ₹15/ Order | 0.02% |
| Equity Intraday | ₹15/ Order or 0.05% (whichever is lower) | 0.02% |
| Call Back Open Account |
Paytm Money Vs Choice Broking - Margin (Exposure)
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Paytm Money Vs Choice Broking - Other Charges
| Paytm Money | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹100/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹15/ Order | ₹25/Lot |
| Minimum Brokerage | ₹15/ Order | 0.02% |
Paytm Money Vs Choice Broking - STT/CTT
| Paytm Money | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Paytm Money Vs Choice Broking - Demat transaction charges
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Paytm Money Vs Choice Broking - GST
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Paytm Money Vs Choice Broking - SEBI Charges
| Paytm Money | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Paytm Money Vs Choice Broking - Features
| Paytm Money | Choice Broking | |
|---|---|---|
| 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:- 3:10 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |