Choice Broking Vs Fisdom
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.
Fisdom
Fisdom 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 Fisdom - Broker Details
| Choice Broking | Fisdom | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2015 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, and NCDEX |
| Branches | 50+ | 15+ |
| Brokerage | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Fisdom - Account Opening & AMC Charges
| Choice Broking | Fisdom | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
Choice Broking Vs Fisdom - Brokerage charges & Plans
| Choice Broking | Fisdom | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | 0.2% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹25/Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Choice Broking Vs Fisdom - Other Charges
| Choice Broking | Fisdom | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹25/Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Choice Broking Vs Fisdom - Transaction Charges
| Choice Broking | Fisdom | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.053% (on premium) |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.002% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.053% (on premium) |
| 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% | NSE: 0.002% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
Choice Broking Vs Fisdom - Margin (Exposure)
| Choice Broking | Fisdom | |
|---|---|---|
| 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 Fisdom - Features
| Choice Broking | Fisdom | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Fisdom - Review & Rating
| Choice Broking | Fisdom | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Fisdom - Request a call back from Broker
| Choice Broking | Fisdom | |
|---|---|---|
Choice Broking Vs Fisdom - Investment Options
| Choice Broking | Fisdom | |
|---|---|---|
| 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 Fisdom - Order Type
| Choice Broking | Fisdom | |
|---|---|---|
| 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 Fisdom - Research & Report
| Choice Broking | Fisdom | |
|---|---|---|
| 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 Fisdom - Daily Market Report
| Choice Broking | Fisdom | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Fisdom - Suitable For Investor
| Choice Broking | Fisdom | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Fisdom - Pros & Cons
| Choice Broking | Fisdom | |
|---|---|---|
| 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 trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. |
| 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. |
Choice Broking Vs Fisdom - Background
| Choice Broking | Fisdom | |
|---|---|---|
Choice Broking Vs Fisdom - Compare All Brokers
| Choice Broking | Fisdom | |
|---|---|---|
Choice Broking Vs Fisdom - STT/CTT
| Choice Broking | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side 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 (On Premium) |
| 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% only on sell side |
Choice Broking Vs Fisdom - Demat transaction charges
| Choice Broking | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 per scrip per day |
Choice Broking Vs Fisdom - GST
| Choice Broking | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Fisdom - SEBI Charges
| Choice Broking | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Fisdom - Account Opening & AMC Charges
Choice Broking
Fisdom
Trading Account Opening Charge
₹0 (Free)
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
Trading Account AMC
₹0 (Free)
NA
Choice Broking Vs Fisdom
| Choice Broking | Fisdom | |
|---|---|---|
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 "+ Fisdom |
Fisdom Account Opening Process and Charge Details |
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Fisdom
Fisdom 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 Fisdom - Brokerage charges & Plans
| Choice Broking | Fisdom | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | 0.2% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹25/Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Choice Broking Vs Fisdom - Margin (Exposure)
| Choice Broking | Fisdom | |
|---|---|---|
| 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 Fisdom - Other Charges
| Choice Broking | Fisdom | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹25/Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | 0.02% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Choice Broking Vs Fisdom - STT/CTT
| Choice Broking | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side 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 (On Premium) |
| 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% only on sell side |
Choice Broking Vs Fisdom - Demat transaction charges
| Choice Broking | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 per scrip per day |
Choice Broking Vs Fisdom - GST
| Choice Broking | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Fisdom - SEBI Charges
| Choice Broking | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Fisdom - Features
| Choice Broking | Fisdom | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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 & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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