Adroit Financial Vs Choice Broking
Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Adroit Financial Vs Choice Broking - Broker Details
| Adroit Financial | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 4 | 50+ |
| Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
Adroit Financial Vs Choice Broking - Account Opening & AMC Charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year | ₹1000 for Lifetime | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Adroit Financial Vs Choice Broking - Brokerage charges & Plans
| Adroit Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | 0.2% |
| Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹25/Lot |
| Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹50/Lot |
| Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/Lot |
| Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
Adroit Financial Vs Choice Broking - Other Charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹25/Lot |
| Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
Adroit Financial Vs Choice Broking - Transaction Charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| Currency Options | NSE ₹4400/Cr (0.044%) (on premium) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 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 | NSE ₹135/Cr (0.00135%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE/BSE:- 0.00345% |
Adroit Financial Vs Choice Broking - Margin (Exposure)
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Adroit Financial Vs Choice Broking - Features
| Adroit Financial | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software | 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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Adroit Financial Vs Choice Broking - Review & Rating
| Adroit Financial | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Adroit Financial Vs Choice Broking - Request a call back from Broker
| Adroit Financial | Choice Broking | |
|---|---|---|
Adroit Financial Vs Choice Broking - Investment Options
| Adroit Financial | 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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Adroit Financial Vs Choice Broking - Order Type
| Adroit Financial | 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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Adroit Financial Vs Choice Broking - Research & Report
| Adroit Financial | 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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Adroit Financial Vs Choice Broking - Daily Market Report
| Adroit Financial | Choice Broking | |
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| Daily Market Reports & News |
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Adroit Financial Vs Choice Broking - Suitable For Investor
| Adroit Financial | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Adroit Financial Vs Choice Broking - Pros & Cons
| Adroit Financial | Choice Broking | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its customers. | 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. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. | 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. |
Adroit Financial Vs Choice Broking - Background
| Adroit Financial | Choice Broking | |
|---|---|---|
Adroit Financial Vs Choice Broking - Compare All Brokers
| Adroit Financial | Choice Broking | |
|---|---|---|
Adroit Financial Vs Choice Broking - STT/CTT
| Adroit Financial | Choice Broking | |
|---|---|---|
| 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 |
Adroit Financial Vs Choice Broking - Demat transaction charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
Adroit Financial Vs Choice Broking - GST
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Adroit Financial Vs Choice Broking - SEBI Charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Adroit Financial Vs Choice Broking - Account Opening & AMC Charges
Adroit Financial
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per Year | ₹1000 for Lifetime
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Adroit Financial Vs Choice Broking
| Adroit Financial | Choice Broking | |
|---|---|---|
Adroit Financial Account Opening Process and Charges |
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 by .. |
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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.
Adroit Financial Vs Choice Broking - Brokerage charges & Plans
| Adroit Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | 0.2% |
| Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹25/Lot |
| Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹50/Lot |
| Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/Lot |
| Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
| Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
Adroit Financial Vs Choice Broking - Margin (Exposure)
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Adroit Financial Vs Choice Broking - Other Charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹25/Lot |
| Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.02% |
Adroit Financial Vs Choice Broking - STT/CTT
| Adroit Financial | Choice Broking | |
|---|---|---|
| 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 |
Adroit Financial Vs Choice Broking - Demat transaction charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
Adroit Financial Vs Choice Broking - GST
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Adroit Financial Vs Choice Broking - SEBI Charges
| Adroit Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Adroit Financial Vs Choice Broking - Features
| Adroit Financial | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software | 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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