STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Choice Broking VS DPTradeKing)

 
 

Choice Broking Vs DPTradeKing

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.


DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs DPTradeKing - Broker Details

Choice Broking DPTradeKing
Single Margin Facility
Year of Incorporation 2010 2016
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. BSE, NSE and MCX
Branches 50+ N/A
Brokerage 0.02% 0.05% per order
Broker Type Full service Broker Full Service Broker

Choice Broking Vs DPTradeKing - Account Opening & AMC Charges

Choice Broking DPTradeKing
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹200+GST ( 2nd Year onwards) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Choice Broking Vs DPTradeKing - Brokerage charges & Plans

Choice Broking DPTradeKing
Commodity Futures 0.02% N/A
Currency Futures 0.02% 0.05% per order
Equity Delivery 0.2% 0.50% per order
Equity Options ₹25/Lot ₹50 per lot
Commodity Options ₹50/Lot N/A
Equity Futures 0.02% 0.05% per order
Currency Options ₹20/Lot ₹50 per lot
Fixed Charges 0.02% 0.05% per order
Equity Intraday 0.02% 0.05% per order

Choice Broking Vs DPTradeKing - Other Charges

Choice Broking DPTradeKing
RMS Square Off Charge ₹0 (Free) ( ₹25 + GST)
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) ( ₹25 + GST)
Other Brokerage Charges ₹25/Lot 0.05% per order
Minimum Brokerage 0.02% 0.05% per order

Choice Broking Vs DPTradeKing - Transaction Charges

Choice Broking DPTradeKing
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% 0.035% of Premium Value in case of Option Segment
Equity Futures NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE/BSE:- 0.00345% 0.00345% Of Total Turnover value
Equity Options NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
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% N/A
Currency Futures NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% 0.00090% of Total Future Turnover value
Equity Delivery NSE/BSE:- 0.00345% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group

Choice Broking Vs DPTradeKing - Margin (Exposure)

Choice Broking DPTradeKing
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + Exposure))
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + Exposure))
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

Choice Broking Vs DPTradeKing - Features

Choice Broking DPTradeKing
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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking Vs DPTradeKing - Review & Rating

Choice Broking DPTradeKing
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Choice Broking Vs DPTradeKing - Request a call back from Broker

Choice Broking DPTradeKing

Choice Broking Vs DPTradeKing - Investment Options

Choice Broking DPTradeKing
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Choice Broking Vs DPTradeKing - Order Type

Choice Broking DPTradeKing
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Choice Broking Vs DPTradeKing - Research & Report

Choice Broking DPTradeKing
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Choice Broking Vs DPTradeKing - Daily Market Report

Choice Broking DPTradeKing
Daily Market Reports & News

Choice Broking Vs DPTradeKing - Suitable For Investor

Choice Broking DPTradeKing
Casual Investor
Active Investor
Trader

Choice Broking Vs DPTradeKing - Pros & Cons

Choice Broking DPTradeKing
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.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market.
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.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.

Choice Broking Vs DPTradeKing - Background

Choice Broking DPTradeKing

Choice Broking Vs DPTradeKing - Compare All Brokers

Choice Broking DPTradeKing

Choice Broking Vs DPTradeKing - STT/CTT

Choice Broking DPTradeKing
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Choice Broking Vs DPTradeKing - Demat transaction charges

Choice Broking DPTradeKing
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN)

Choice Broking Vs DPTradeKing - GST

Choice Broking DPTradeKing
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Choice Broking Vs DPTradeKing - SEBI Charges

Choice Broking DPTradeKing
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Choice Broking Vs DPTradeKing - Account Opening & AMC Charges

Choice Broking
DPTradeKing
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Choice Broking Vs DPTradeKing

Choice Broking DPTradeKing
 

Choice Broking Review | Brokerage Charges, Account Opening


Choice 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 "+ DPTradeKing

DPTradeKing Account Opening Process and Charges Details 

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DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs DPTradeKing - Brokerage charges & Plans

Choice Broking DPTradeKing
Commodity Futures 0.02% N/A
Currency Futures 0.02% 0.05% per order
Equity Delivery 0.2% 0.50% per order
Equity Options ₹25/Lot ₹50 per lot
Commodity Options ₹50/Lot N/A
Equity Futures 0.02% 0.05% per order
Currency Options ₹20/Lot ₹50 per lot
Fixed Charges 0.02% 0.05% per order
Equity Intraday 0.02% 0.05% per order

Choice Broking Vs DPTradeKing - Margin (Exposure)

Choice Broking DPTradeKing
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + Exposure))
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal 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 Normal margin (Span + Exposure))
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of Normal margin (Span + Exposure))

Choice Broking Vs DPTradeKing - Other Charges

Choice Broking DPTradeKing
RMS Square Off Charge ₹0 (Free) ( ₹25 + GST)
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) ( ₹25 + GST)
Other Brokerage Charges ₹25/Lot 0.05% per order
Minimum Brokerage 0.02% 0.05% per order

Choice Broking Vs DPTradeKing - STT/CTT

Choice Broking DPTradeKing
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Choice Broking Vs DPTradeKing - Demat transaction charges

Choice Broking DPTradeKing
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN)

Choice Broking Vs DPTradeKing - GST

Choice Broking DPTradeKing
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Choice Broking Vs DPTradeKing - SEBI Charges

Choice Broking DPTradeKing
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Choice Broking Vs DPTradeKing - Features

Choice Broking DPTradeKing
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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking

DPTradeKing