Fyers Vs Choice Broking
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, 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.
Fyers Vs Choice Broking - Broker Details
| Fyers | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2010 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | Zero | 50+ |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Fyers Vs Choice Broking - Account Opening & AMC Charges
| Fyers | 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) |
Fyers Vs Choice Broking - Brokerage charges & Plans
| Fyers | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.02% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.02% |
| Equity Delivery | ₹0 | 0.2% |
| Equity Options | ₹20/ Order | ₹25/Lot |
| Commodity Options | ₹20/ Order | ₹50/Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.02% |
| Currency Options | ₹20/ Order | ₹20/Lot |
| Fixed Charges | ₹20/ Order | 0.02% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.02% |
Fyers Vs Choice Broking - Other Charges
| Fyers | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Fyers Vs Choice Broking - Transaction Charges
| Fyers | Choice Broking | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE/BSE:- 0.00345% |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | NA | 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 | ₹240/ Cr (0.0024%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE/BSE:- 0.00345% |
Fyers Vs Choice Broking - Margin (Exposure)
| Fyers | 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 | 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) |
Fyers Vs Choice Broking - Features
| Fyers | 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 Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 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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Fyers Vs Choice Broking - Review & Rating
| Fyers | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Choice Broking - Request a call back from Broker
| Fyers | Choice Broking | |
|---|---|---|
Fyers Vs Choice Broking - Investment Options
| Fyers | 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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Fyers Vs Choice Broking - Order Type
| Fyers | 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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Fyers Vs Choice Broking - Research & Report
| Fyers | 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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Fyers Vs Choice Broking - Daily Market Report
| Fyers | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Fyers Vs Choice Broking - Suitable For Investor
| Fyers | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Fyers Vs Choice Broking - Pros & Cons
| Fyers | Choice Broking | |
|---|---|---|
| Pros | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. | 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.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. | 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. |
Fyers Vs Choice Broking - Background
| Fyers | Choice Broking | |
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Fyers Vs Choice Broking - Compare All Brokers
| Fyers | Choice Broking | |
|---|---|---|
Fyers Vs Choice Broking - STT/CTT
| Fyers | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell value (Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell value | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Choice Broking - Demat transaction charges
| Fyers | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹10 + GST per scrip only on sell |
Fyers Vs Choice Broking - GST
| Fyers | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Fyers Vs Choice Broking - SEBI Charges
| Fyers | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Choice Broking - Account Opening & AMC Charges
Fyers
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)
Fyers Vs Choice Broking
| Fyers | Choice Broking | |
|---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. + " 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.
Fyers Vs Choice Broking - Brokerage charges & Plans
| Fyers | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.02% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.02% |
| Equity Delivery | ₹0 | 0.2% |
| Equity Options | ₹20/ Order | ₹25/Lot |
| Commodity Options | ₹20/ Order | ₹50/Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.02% |
| Currency Options | ₹20/ Order | ₹20/Lot |
| Fixed Charges | ₹20/ Order | 0.02% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | 0.02% |
| Call Back Open Account |
Fyers Vs Choice Broking - Margin (Exposure)
| Fyers | 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 | 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) |
| Call Back Open Account |
Fyers Vs Choice Broking - Other Charges
| Fyers | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Fyers Vs Choice Broking - STT/CTT
| Fyers | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell value (Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell value | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell value | 0.05% on sell side |
Fyers Vs Choice Broking - Demat transaction charges
| Fyers | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹10 + GST per scrip only on sell |
Fyers Vs Choice Broking - GST
| Fyers | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Fyers Vs Choice Broking - SEBI Charges
| Fyers | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Choice Broking - Features
| Fyers | 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 Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform). | 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 |