Choice Broking Vs Farsight Securities
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.
Farsight Securities
Farsight Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs Farsight Securities - Broker Details
| Choice Broking | Farsight Securities | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 1995 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE and MCX |
| Branches | 50+ | 7 |
| Brokerage | 0.02% | 0.04% |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs Farsight Securities - Account Opening & AMC Charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | Up to ₹1000 |
| Trading Account AMC | ₹0 (Free) | N/A |
Choice Broking Vs Farsight Securities - Brokerage charges & Plans
| Choice Broking | Farsight Securities | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | 0.04% |
| Equity Delivery | 0.2% | 0.35% |
| Equity Options | ₹25/Lot | ₹75 per Lot |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | 0.04% |
| Currency Options | ₹20/Lot | ₹50 per Lot |
| Fixed Charges | 0.02% | 0.04% |
| Equity Intraday | 0.02% | 0.04% |
Choice Broking Vs Farsight Securities - Other Charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/- |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/- |
| Other Brokerage Charges | ₹25/Lot | 0.04% |
| Minimum Brokerage | 0.02% | 0.04% |
Choice Broking Vs Farsight Securities - Transaction Charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.00325% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.00325% |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.00325% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.00325% |
| 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% | 0.00325% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.00325% |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.00325% |
Choice Broking Vs Farsight Securities - Margin (Exposure)
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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 (no margin) |
| 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) |
Choice Broking Vs Farsight Securities - Features
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Farsight Securities - Review & Rating
| Choice Broking | Farsight Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Farsight Securities - Request a call back from Broker
| Choice Broking | Farsight Securities | |
|---|---|---|
Choice Broking Vs Farsight Securities - Investment Options
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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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Choice Broking Vs Farsight Securities - Order Type
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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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Choice Broking Vs Farsight Securities - Research & Report
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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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Choice Broking Vs Farsight Securities - Daily Market Report
| Choice Broking | Farsight Securities | |
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| Daily Market Reports & News |
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Choice Broking Vs Farsight Securities - Suitable For Investor
| Choice Broking | Farsight Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Farsight Securities - Pros & Cons
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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.User-Friendly Platform 2.All-in-One Financial App 3. It is a trustworthy broker serving its services since 2006. 4. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. 5. It provides free access of regular markets to its customers. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Farsight Securities primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Choice Broking Vs Farsight Securities - Background
| Choice Broking | Farsight Securities | |
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Choice Broking Vs Farsight Securities - Compare All Brokers
| Choice Broking | Farsight Securities | |
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Choice Broking Vs Farsight Securities - STT/CTT
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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 |
Choice Broking Vs Farsight Securities - Demat transaction charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs Farsight Securities - GST
| Choice Broking | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Farsight Securities - SEBI Charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Farsight Securities - Account Opening & AMC Charges
Choice Broking
Farsight Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
Up to ₹1000
Trading Account AMC
₹0 (Free)
N/A
Choice Broking Vs Farsight Securities
| Choice Broking | Farsight Securities | |
|---|---|---|
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 .. + " Vs "+ Farsight Securities |
Farsight Securities Account Opening Process, Charges, and Details |
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Farsight Securities
Farsight Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs Farsight Securities - Brokerage charges & Plans
| Choice Broking | Farsight Securities | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | 0.04% |
| Equity Delivery | 0.2% | 0.35% |
| Equity Options | ₹25/Lot | ₹75 per Lot |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | 0.04% |
| Currency Options | ₹20/Lot | ₹50 per Lot |
| Fixed Charges | 0.02% | 0.04% |
| Equity Intraday | 0.02% | 0.04% |
Choice Broking Vs Farsight Securities - Margin (Exposure)
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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 (no margin) |
| 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) |
Choice Broking Vs Farsight Securities - Other Charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/- |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/- |
| Other Brokerage Charges | ₹25/Lot | 0.04% |
| Minimum Brokerage | 0.02% | 0.04% |
Choice Broking Vs Farsight Securities - STT/CTT
| Choice Broking | Farsight Securities | |
|---|---|---|
| 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 |
Choice Broking Vs Farsight Securities - Demat transaction charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs Farsight Securities - GST
| Choice Broking | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Farsight Securities - SEBI Charges
| Choice Broking | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Farsight Securities - Features
| Choice Broking | Farsight Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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