Balaji Equities Ltd Vs Choice Broking
Balaji Equities Ltd
Balaji Equities Ltd 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.
Balaji Equities Ltd Vs Choice Broking - Broker Details
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Single Margin Facility | Yes |
|
| Year of Incorporation | 2000 | 2010 |
| Exchanges | NSE, BSE, MCX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | 2.5% | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Balaji Equities Ltd Vs Choice Broking - Account Opening & AMC Charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹500/- | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | NA | ₹0 (Free) |
Balaji Equities Ltd Vs Choice Broking - Brokerage charges & Plans
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Commodity Futures | 2.5% | 0.02% |
| Currency Futures | 2.5% | 0.02% |
| Equity Delivery | N/A | 0.2% |
| Equity Options | ₹100/Lot | ₹25/Lot |
| Commodity Options | ₹100/Lot | ₹50/Lot |
| Equity Futures | ₹100/Lot | 0.02% |
| Currency Options | ₹100/Lot | ₹20/Lot |
| Fixed Charges | 2.5% | 0.02% |
| Equity Intraday | 2.5% | 0.02% |
Balaji Equities Ltd Vs Choice Broking - Other Charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 2.5% | ₹25/Lot |
| Minimum Brokerage | 2.5% | 0.02% |
Balaji Equities Ltd Vs Choice Broking - Transaction Charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Currency Options | NSE : 0.046% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | 0.01% on Sell Side | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE : 0.00325% | BSE : 0.00275% | NSE/BSE:- 0.00345% |
| Equity Options | 0.05% on Sell Side(on Premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | MCX : 0.00260% | NCDEX : 0.00400% | 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 : 0.00135% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE : 0.00325% | BSE : 0.00275% | NSE/BSE:- 0.00345% |
Balaji Equities Ltd Vs Choice Broking - Margin (Exposure)
| Balaji Equities Ltd | 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) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Choice Broking - Features
| Balaji Equities Ltd | 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: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Balaji Equities Ltd Vs Choice Broking - Review & Rating
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Balaji Equities Ltd Vs Choice Broking - Request a call back from Broker
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
Balaji Equities Ltd Vs Choice Broking - Investment Options
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Balaji Equities Ltd Vs Choice Broking - Order Type
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Balaji Equities Ltd Vs Choice Broking - Research & Report
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Balaji Equities Ltd Vs Choice Broking - Daily Market Report
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
|
|
Balaji Equities Ltd Vs Choice Broking - Suitable For Investor
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Balaji Equities Ltd Vs Choice Broking - Pros & Cons
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Pros | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. | 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. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. | 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. |
Balaji Equities Ltd Vs Choice Broking - Background
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
Balaji Equities Ltd Vs Choice Broking - Compare All Brokers
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
Balaji Equities Ltd Vs Choice Broking - STT/CTT
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs Choice Broking - Demat transaction charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | ₹10 + GST per scrip only on sell |
Balaji Equities Ltd Vs Choice Broking - GST
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Balaji Equities Ltd Vs Choice Broking - SEBI Charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Balaji Equities Ltd Vs Choice Broking - Account Opening & AMC Charges
Balaji Equities Ltd
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹500/-
₹0 (Free)
Demat Account AMC
₹300 per year
₹200+GST ( 2nd Year onwards)
Trading Account AMC
NA
₹0 (Free)
Balaji Equities Ltd Vs Choice Broking
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
Balaji Equities Ltd Account Opening Process and Charges Detail |
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 .. |
|
|
|
|
|
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.
Balaji Equities Ltd Vs Choice Broking - Brokerage charges & Plans
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Commodity Futures | 2.5% | 0.02% |
| Currency Futures | 2.5% | 0.02% |
| Equity Delivery | N/A | 0.2% |
| Equity Options | ₹100/Lot | ₹25/Lot |
| Commodity Options | ₹100/Lot | ₹50/Lot |
| Equity Futures | ₹100/Lot | 0.02% |
| Currency Options | ₹100/Lot | ₹20/Lot |
| Fixed Charges | 2.5% | 0.02% |
| Equity Intraday | 2.5% | 0.02% |
Balaji Equities Ltd Vs Choice Broking - Margin (Exposure)
| Balaji Equities Ltd | 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) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs Choice Broking - Other Charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 2.5% | ₹25/Lot |
| Minimum Brokerage | 2.5% | 0.02% |
Balaji Equities Ltd Vs Choice Broking - STT/CTT
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs Choice Broking - Demat transaction charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | ₹10 + GST per scrip only on sell |
Balaji Equities Ltd Vs Choice Broking - GST
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Balaji Equities Ltd Vs Choice Broking - SEBI Charges
| Balaji Equities Ltd | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Balaji Equities Ltd Vs Choice Broking - Features
| Balaji Equities Ltd | 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: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|