Choice Broking Vs 5Paisa
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.
5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs 5Paisa - Broker Details
| Choice Broking | 5Paisa | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 2007 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE and MCX. |
| Branches | 50+ | Zero |
| Brokerage | 0.02% | ₹20/ Order |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Account Opening & AMC Charges
| Choice Broking | 5Paisa | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹300/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Brokerage charges & Plans
| Choice Broking | 5Paisa | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order |
| Currency Futures | 0.02% | ₹20/ Order |
| Equity Delivery | 0.2% | ₹20/ Order |
| Equity Options | ₹25/Lot | ₹20/ Order |
| Commodity Options | ₹50/Lot | ₹20/ Order |
| Equity Futures | 0.02% | ₹20/ Order |
| Currency Options | ₹20/Lot | ₹20/ Order |
| Fixed Charges | 0.02% | ₹499/ Month |
| Equity Intraday | 0.02% | ₹20/ Order |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Other Charges
| Choice Broking | 5Paisa | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹499/ Month |
| Minimum Brokerage | 0.02% | ₹20/ Order |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Transaction Charges
| Choice Broking | 5Paisa | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.035% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.0020% |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.00345% (NSE) | 0.00345% (BSE) |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.053% |
| 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% | Grp A (28 Commodities) 0.0026% | Grp B (4 Commodities) | BLACK PEPPER - 0.0005% | BRASS - 0.0005% |CASTORSEED - 0.0005% | RBDPALMOLEIN - 0.001% | Options Contracts: 0.05% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.0009% |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.00345% (NSE) | 0.00345% (BSE) |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Margin (Exposure)
| Choice Broking | 5Paisa | |
|---|---|---|
| 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 |
Choice Broking Vs 5Paisa - Features
| Choice Broking | 5Paisa | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Review & Rating
| Choice Broking | 5Paisa | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs 5Paisa - Request a call back from Broker
| Choice Broking | 5Paisa | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Investment Options
| Choice Broking | 5Paisa | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Order Type
| Choice Broking | 5Paisa | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Research & Report
| Choice Broking | 5Paisa | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Daily Market Report
| Choice Broking | 5Paisa | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Suitable For Investor
| Choice Broking | 5Paisa | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Pros & Cons
| Choice Broking | 5Paisa | |
|---|---|---|
| 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.It is being promoted by IIFL which is a premier non-banking financial institution. 2.Different subscription plans according to the need of clients. 3.No software charges.4.Free technical, derivative and fundamental advice to customers. 5.It offers mutual funds and insurance. |
| 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.Non availability of 3-in-1 account 2.High Demat debit transaction charges. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.NRI trading services are not offered by 5 paisa. 5.It does not provide commodity trading services. |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Background
| Choice Broking | 5Paisa | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs 5Paisa - Compare All Brokers
| Choice Broking | 5Paisa | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs 5Paisa - STT/CTT
| Choice Broking | 5Paisa | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.0001% (On exercise purchaser) 0.01% (Sell Future) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% (Sell Option) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.10% |
| Equity Futures | 0.01% on Sell Side | 0.01% (Sell Future) |
| Commodity Options | 0.05% on sell side | 0.05% (Sell Option) |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Demat transaction charges
| Choice Broking | 5Paisa | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹12.5 + Gst per scrip per day only on sell |
| Call Back Open Account |
Choice Broking Vs 5Paisa - GST
| Choice Broking | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on ( Brokerage + Transaction Charge) |
| Call Back Open Account |
Choice Broking Vs 5Paisa - SEBI Charges
| Choice Broking | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Account Opening & AMC Charges
Choice Broking
5Paisa
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹300/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs 5Paisa
| Choice Broking | 5Paisa | |
|---|---|---|
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 .. + " Vs "+ 5Paisa |
5Paisa Review | Brokerage Charges, Account Opening5Paisa is one the leading stock brokers of India. Being started on March 2016 to becoming 2nd largest stock broker of India in Dec 2018, 5Paisa company covered a long way in a very short span of time. 5paisa broking review provides trade in equity, commodity and currency at BSE, NSE and MCX. 5paisa trading platform review offers different trading p .. |
|
|
|
|
|
5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs 5Paisa - Brokerage charges & Plans
| Choice Broking | 5Paisa | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order |
| Currency Futures | 0.02% | ₹20/ Order |
| Equity Delivery | 0.2% | ₹20/ Order |
| Equity Options | ₹25/Lot | ₹20/ Order |
| Commodity Options | ₹50/Lot | ₹20/ Order |
| Equity Futures | 0.02% | ₹20/ Order |
| Currency Options | ₹20/Lot | ₹20/ Order |
| Fixed Charges | 0.02% | ₹499/ Month |
| Equity Intraday | 0.02% | ₹20/ Order |
| Call Back Open Account |
Choice Broking Vs 5Paisa - Margin (Exposure)
| Choice Broking | 5Paisa | |
|---|---|---|
| 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 |
Choice Broking Vs 5Paisa - Other Charges
| Choice Broking | 5Paisa | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹499/ Month |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs 5Paisa - STT/CTT
| Choice Broking | 5Paisa | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.0001% (On exercise purchaser) 0.01% (Sell Future) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% (Sell Option) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.10% |
| Equity Futures | 0.01% on Sell Side | 0.01% (Sell Future) |
| Commodity Options | 0.05% on sell side | 0.05% (Sell Option) |
Choice Broking Vs 5Paisa - Demat transaction charges
| Choice Broking | 5Paisa | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹12.5 + Gst per scrip per day only on sell |
Choice Broking Vs 5Paisa - GST
| Choice Broking | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on ( Brokerage + Transaction Charge) |
Choice Broking Vs 5Paisa - SEBI Charges
| Choice Broking | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs 5Paisa - Features
| Choice Broking | 5Paisa | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |