Choice Broking Vs Prostocks
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.
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Prostocks - Broker Details
| Choice Broking | Prostocks | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 2016 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE and NSE |
| Branches | 50+ | 2 |
| Brokerage | 0.02% | ₹15/ Order |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Prostocks - Account Opening & AMC Charges
| Choice Broking | Prostocks | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Prostocks - Brokerage charges & Plans
| Choice Broking | Prostocks | |
|---|---|---|
| Commodity Futures | 0.02% | ₹15/ Order |
| Currency Futures | 0.02% | ₹15/ Order |
| Equity Delivery | 0.2% | ₹0 |
| Equity Options | ₹25/Lot | ₹15/ Order |
| Commodity Options | ₹50/Lot | ₹15/ Order |
| Equity Futures | 0.02% | ₹15/ Order |
| Currency Options | ₹20/Lot | ₹15/ Order |
| Fixed Charges | 0.02% | ₹15/ Order |
| Equity Intraday | 0.02% | ₹15/ Order |
Choice Broking Vs Prostocks - Other Charges
| Choice Broking | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | - | ₹1000/Month |
| Call & Trade Charges | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹25/Lot | ₹15/ Order |
| Minimum Brokerage | 0.02% | ₹15/ Order |
Choice Broking Vs Prostocks - Transaction Charges
| Choice Broking | Prostocks | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹4,000/Cr | BSE ₹100/Cr |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE ₹200/Cr | BSE ₹50/Cr |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE ₹345/Cr | BSE ₹345/Cr |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE ₹5,300/Cr | BSE ₹2,500/Cr |
| Commodity | 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% | N/A |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹90/Cr | BSE ₹22/Cr |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE ₹345/Cr | BSE ₹345/Cr |
Choice Broking Vs Prostocks - Margin (Exposure)
| Choice Broking | Prostocks | |
|---|---|---|
| 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 | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Choice Broking Vs Prostocks - Features
| Choice Broking | Prostocks | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Prostocks - Review & Rating
| Choice Broking | Prostocks | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Prostocks - Request a call back from Broker
| Choice Broking | Prostocks | |
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Choice Broking Vs Prostocks - Investment Options
| Choice Broking | Prostocks | |
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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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Choice Broking Vs Prostocks - Order Type
| Choice Broking | Prostocks | |
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| 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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Choice Broking Vs Prostocks - Research & Report
| Choice Broking | Prostocks | |
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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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Choice Broking Vs Prostocks - Daily Market Report
| Choice Broking | Prostocks | |
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| Daily Market Reports & News |
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Choice Broking Vs Prostocks - Suitable For Investor
| Choice Broking | Prostocks | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Prostocks - Pros & Cons
| Choice Broking | Prostocks | |
|---|---|---|
| Pros | 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. | 1.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. |
| Cons | 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. | 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. |
Choice Broking Vs Prostocks - Background
| Choice Broking | Prostocks | |
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Choice Broking Vs Prostocks - Compare All Brokers
| Choice Broking | Prostocks | |
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Choice Broking Vs Prostocks - STT/CTT
| Choice Broking | Prostocks | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | 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 | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Prostocks - Demat transaction charges
| Choice Broking | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
Choice Broking Vs Prostocks - GST
| Choice Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
Choice Broking Vs Prostocks - SEBI Charges
| Choice Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Prostocks - Account Opening & AMC Charges
Choice Broking
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Prostocks
| Choice Broking | Prostocks | |
|---|---|---|
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 .. + " Vs "+ Prostocks |
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. |
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Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Prostocks - Brokerage charges & Plans
| Choice Broking | Prostocks | |
|---|---|---|
| Commodity Futures | 0.02% | ₹15/ Order |
| Currency Futures | 0.02% | ₹15/ Order |
| Equity Delivery | 0.2% | ₹0 |
| Equity Options | ₹25/Lot | ₹15/ Order |
| Commodity Options | ₹50/Lot | ₹15/ Order |
| Equity Futures | 0.02% | ₹15/ Order |
| Currency Options | ₹20/Lot | ₹15/ Order |
| Fixed Charges | 0.02% | ₹15/ Order |
| Equity Intraday | 0.02% | ₹15/ Order |
Choice Broking Vs Prostocks - Margin (Exposure)
| Choice Broking | Prostocks | |
|---|---|---|
| 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 | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Choice Broking Vs Prostocks - Other Charges
| Choice Broking | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | - | ₹1000/Month |
| Call & Trade Charges | ₹0 (Free) | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹25/Lot | ₹15/ Order |
| Minimum Brokerage | 0.02% | ₹15/ Order |
Choice Broking Vs Prostocks - STT/CTT
| Choice Broking | Prostocks | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | 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 | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Prostocks - Demat transaction charges
| Choice Broking | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
Choice Broking Vs Prostocks - GST
| Choice Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
Choice Broking Vs Prostocks - SEBI Charges
| Choice Broking | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Prostocks - Features
| Choice Broking | Prostocks | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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