Choice Broking Vs Tradingo
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.
Choice Broking Vs Tradingo - Broker Details
| Choice Broking | Tradingo | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2016 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE and MCX |
| Branches | 50+ | 102 |
| Brokerage | 0.02% | ₹20/Order |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Tradingo - Account Opening & AMC Charges
| Choice Broking | Tradingo | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹250-per annum |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Tradingo - Brokerage charges & Plans
| Choice Broking | Tradingo | |
|---|---|---|
| Commodity Futures | 0.02% | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order |
| Currency Futures | 0.02% | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order |
| Equity Delivery | 0.2% | Discount Broking- ₹0(Free) | Premium Broking-0.3% |
| Equity Options | ₹25/Lot | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Commodity Options | ₹50/Lot | Discount Broking-₹20/Order or 0.01% whichever is lower |
| Equity Futures | 0.02% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% |
| Currency Options | ₹20/Lot | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot |
| Fixed Charges | 0.02% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Equity Intraday | 0.02% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
Choice Broking Vs Tradingo - Other Charges
| Choice Broking | Tradingo | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs Tradingo - Transaction Charges
| Choice Broking | Tradingo | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.00325% of turnover | BSE: 0.0005% of turnover |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips. |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.075% of turnover | BSE: 0.0005% of turnover |
| 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% | Discount Broking- ₹100/Order or 0.01% whichever is lower |Premium Broking-₹50/Lot |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | Discount Broking-₹20/Order or 0.01% whichever is lower|Premium Broking-0.3% of the turnover |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips |
Choice Broking Vs Tradingo - Margin (Exposure)
| Choice Broking | Tradingo | |
|---|---|---|
| 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 Tradingo - Features
| Choice Broking | Tradingo | |
|---|---|---|
| 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:- 3:20pm | 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.Tradingo -mobile app 2. Justrade 2.0 Stocks |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Tradingo - Review & Rating
| Choice Broking | Tradingo | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Tradingo - Request a call back from Broker
| Choice Broking | Tradingo | |
|---|---|---|
Choice Broking Vs Tradingo - Investment Options
| Choice Broking | Tradingo | |
|---|---|---|
| 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 Tradingo - Order Type
| Choice Broking | Tradingo | |
|---|---|---|
| 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 Tradingo - Research & Report
| Choice Broking | Tradingo | |
|---|---|---|
| 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 Tradingo - Daily Market Report
| Choice Broking | Tradingo | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Tradingo - Suitable For Investor
| Choice Broking | Tradingo | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Tradingo - Pros & Cons
| Choice Broking | Tradingo | |
|---|---|---|
| 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.Discount stock broker 2.Online IPO and Mutual Funds available 3.Free trading software. 4 Offer margin funding and higher exposure. |
| 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.Doesn't offer 3-in-1 account 2.Charge annual maintenance change on demat account. 3.Call & trade is changed ₹20 extra. |
Choice Broking Vs Tradingo - Background
| Choice Broking | Tradingo | |
|---|---|---|
Choice Broking Vs Tradingo - Compare All Brokers
| Choice Broking | Tradingo | |
|---|---|---|
Choice Broking Vs Tradingo - STT/CTT
| Choice Broking | Tradingo | |
|---|---|---|
| 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 buy & 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 Tradingo - Demat transaction charges
| Choice Broking | Tradingo | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | N/A |
Choice Broking Vs Tradingo - GST
| Choice Broking | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Tradingo - SEBI Charges
| Choice Broking | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Tradingo - Account Opening & AMC Charges
Choice Broking
Tradingo
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹250-per annum
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Tradingo
| Choice Broking | Tradingo | |
|---|---|---|
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 "+ Tradingo |
Tradingo ReviewIncorporated on 2016 in Indore (Madhya Pradesh) by IIT Delhi alumni Mr. Parth Nyati having a decade of experience in the brokerage industry. Today, he is one of the best techies in the financial industry and also holds a position of board member of BSE Brokers Forum. Tradingo is a modern stock trading platform offers 2 types of
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Tradingo
Choice Broking Vs Tradingo - Brokerage charges & Plans
| Choice Broking | Tradingo | |
|---|---|---|
| Commodity Futures | 0.02% | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order |
| Currency Futures | 0.02% | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order |
| Equity Delivery | 0.2% | Discount Broking- ₹0(Free) | Premium Broking-0.3% |
| Equity Options | ₹25/Lot | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Commodity Options | ₹50/Lot | Discount Broking-₹20/Order or 0.01% whichever is lower |
| Equity Futures | 0.02% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% |
| Currency Options | ₹20/Lot | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot |
| Fixed Charges | 0.02% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Equity Intraday | 0.02% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
Choice Broking Vs Tradingo - Margin (Exposure)
| Choice Broking | Tradingo | |
|---|---|---|
| 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 Tradingo - Other Charges
| Choice Broking | Tradingo | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs Tradingo - STT/CTT
| Choice Broking | Tradingo | |
|---|---|---|
| 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 buy & 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 Tradingo - Demat transaction charges
| Choice Broking | Tradingo | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | N/A |
Choice Broking Vs Tradingo - GST
| Choice Broking | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Tradingo - SEBI Charges
| Choice Broking | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Tradingo - Features
| Choice Broking | Tradingo | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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:- 3:20pm | 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.Tradingo -mobile app 2. Justrade 2.0 Stocks |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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