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

Quick Comparision (Choice Broking VS Finwave)

 
 

Choice Broking Vs Finwave

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.


Finwave
Finwave 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 Finwave - Broker Details

Choice Broking Finwave
Single Margin Facility
Year of Incorporation 2010 2014
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. NSE, BSE, MCX and NCDEX
Branches 50+ 25
Brokerage 0.02% ₹20 per order
Broker Type Full service Broker Full Service Broker

Choice Broking Vs Finwave - Account Opening & AMC Charges

Choice Broking Finwave
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹200+GST ( 2nd Year onwards) 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC ₹0 (Free) 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly

Choice Broking Vs Finwave - Brokerage charges & Plans

Choice Broking Finwave
Commodity Futures 0.02% ₹20 per order
Currency Futures 0.02% ₹20 per order
Equity Delivery 0.2% ₹20 per order
Equity Options ₹25/Lot ₹20 per order
Commodity Options ₹50/Lot ₹20 per order
Equity Futures 0.02% ₹20 per order
Currency Options ₹20/Lot ₹20 per order
Fixed Charges 0.02% ₹20 per order
Equity Intraday 0.02% ₹20 per order

Choice Broking Vs Finwave - Other Charges

Choice Broking Finwave
RMS Square Off Charge ₹0 (Free) ₹20/Order
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges ₹25/Lot ₹20 per order
Minimum Brokerage 0.02% ₹20 per order

Choice Broking Vs Finwave - Transaction Charges

Choice Broking Finwave
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% BSE: 0.001% | NSE: 0.035%
Equity Futures NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% NSE: 0.002%
Equity Intraday NSE/BSE:- 0.00345% BSE: 0.00345% | NSE: 0.00345%
Equity Options NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% NSE: 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% 0.0026%
Currency Futures NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE: 0.0009% | BSE: 0.00022%
Equity Delivery NSE/BSE:- 0.00345% BSE: 0.00345% | NSE: 0.00345%

Choice Broking Vs Finwave - Margin (Exposure)

Choice Broking Finwave
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))

Choice Broking Vs Finwave - Features

Choice Broking Finwave
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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking Vs Finwave - Review & Rating

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

Choice Broking Vs Finwave - Request a call back from Broker

Choice Broking Finwave

Choice Broking Vs Finwave - Investment Options

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

Choice Broking Vs Finwave - Order Type

Choice Broking Finwave
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 Finwave - Research & Report

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

Choice Broking Vs Finwave - Daily Market Report

Choice Broking Finwave
Daily Market Reports & News

Choice Broking Vs Finwave - Suitable For Investor

Choice Broking Finwave
Casual Investor
Active Investor
Trader

Choice Broking Vs Finwave - Pros & Cons

Choice Broking Finwave
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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees.
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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses.

Choice Broking Vs Finwave - Background

Choice Broking Finwave

Choice Broking Vs Finwave - Compare All Brokers

Choice Broking Finwave

Choice Broking Vs Finwave - STT/CTT

Choice Broking Finwave
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 buy & 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 Finwave - Demat transaction charges

Choice Broking Finwave
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹18.5 + GST per scrip

Choice Broking Vs Finwave - GST

Choice Broking Finwave
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (Brokerage + Transaction Charge)

Choice Broking Vs Finwave - SEBI Charges

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

Choice Broking Vs Finwave - Account Opening & AMC Charges

Choice Broking
Finwave
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC
₹0 (Free)
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
 

Choice Broking Vs Finwave

Choice Broking Finwave
 

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 "+ Finwave

Finwave Account Opening Process and Charges Details

Read more..

 
 

Finwave
Finwave 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 Finwave - Brokerage charges & Plans

Choice Broking Finwave
Commodity Futures 0.02% ₹20 per order
Currency Futures 0.02% ₹20 per order
Equity Delivery 0.2% ₹20 per order
Equity Options ₹25/Lot ₹20 per order
Commodity Options ₹50/Lot ₹20 per order
Equity Futures 0.02% ₹20 per order
Currency Options ₹20/Lot ₹20 per order
Fixed Charges 0.02% ₹20 per order
Equity Intraday 0.02% ₹20 per order

Choice Broking Vs Finwave - Margin (Exposure)

Choice Broking Finwave
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))

Choice Broking Vs Finwave - Other Charges

Choice Broking Finwave
RMS Square Off Charge ₹0 (Free) ₹20/Order
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges ₹25/Lot ₹20 per order
Minimum Brokerage 0.02% ₹20 per order

Choice Broking Vs Finwave - STT/CTT

Choice Broking Finwave
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 buy & 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 Finwave - Demat transaction charges

Choice Broking Finwave
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹18.5 + GST per scrip

Choice Broking Vs Finwave - GST

Choice Broking Finwave
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (Brokerage + Transaction Charge)

Choice Broking Vs Finwave - SEBI Charges

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

Choice Broking Vs Finwave - Features

Choice Broking Finwave
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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking

Finwave