Choice Broking Vs Gainn Fintech
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.
Gainn Fintech
Gainn Fintech 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 Gainn Fintech - Broker Details
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 2021 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX |
| Branches | 50+ | N/A |
| Brokerage | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Gainn Fintech - Account Opening & AMC Charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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 per Year |
| Trading Account AMC | ₹0 (Free) | N/A |
Choice Broking Vs Gainn Fintech - Brokerage charges & Plans
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Commodity Futures | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Currency Futures | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Equity Delivery | 0.2% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Equity Options | ₹25/Lot | Option 1 - ₹10 per order | Option 2 - ₹8 per lot |
| Commodity Options | ₹50/Lot | Option 1 - ₹10 per order | Option 2 - ₹8 per lot |
| Equity Futures | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Currency Options | ₹20/Lot | Option 1 - ₹10 per order | Option 2 - ₹8 per lot |
| Fixed Charges | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Equity Intraday | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
Choice Broking Vs Gainn Fintech - Other Charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Minimum Brokerage | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
Choice Broking Vs Gainn Fintech - Transaction Charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.0019% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.05% (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% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Choice Broking Vs Gainn Fintech - Margin (Exposure)
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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 Gainn Fintech - Features
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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 | 1x (100% of Normal margin (Span + Exposure) |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. My Gainn Mobile App, 2. My Gainn Trade Web Portal: |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Choice Broking Vs Gainn Fintech - Review & Rating
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Gainn Fintech - Request a call back from Broker
| Choice Broking | Gainn Fintech | |
|---|---|---|
Choice Broking Vs Gainn Fintech - Investment Options
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Choice Broking Vs Gainn Fintech - Order Type
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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 Gainn Fintech - Research & Report
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Choice Broking Vs Gainn Fintech - Daily Market Report
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Daily Market Reports & News |
|
|
Choice Broking Vs Gainn Fintech - Suitable For Investor
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Choice Broking Vs Gainn Fintech - Pros & Cons
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.Analyzes user data for better financial decision-making. |
| 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. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. |
Choice Broking Vs Gainn Fintech - Background
| Choice Broking | Gainn Fintech | |
|---|---|---|
Choice Broking Vs Gainn Fintech - Compare All Brokers
| Choice Broking | Gainn Fintech | |
|---|---|---|
Choice Broking Vs Gainn Fintech - STT/CTT
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Gainn Fintech - Demat transaction charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 per scrip per day |
Choice Broking Vs Gainn Fintech - GST
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Gainn Fintech - SEBI Charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Gainn Fintech - Account Opening & AMC Charges
Choice Broking
Gainn Fintech
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 per Year
Trading Account AMC
₹0 (Free)
N/A
Choice Broking Vs Gainn Fintech
| Choice Broking | Gainn Fintech | |
|---|---|---|
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 "+ Gainn Fintech |
Gainn Fintech Account Opening Review |
|
|
|
|
|
Gainn Fintech
Gainn Fintech 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 Gainn Fintech - Brokerage charges & Plans
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Commodity Futures | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Currency Futures | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Equity Delivery | 0.2% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Equity Options | ₹25/Lot | Option 1 - ₹10 per order | Option 2 - ₹8 per lot |
| Commodity Options | ₹50/Lot | Option 1 - ₹10 per order | Option 2 - ₹8 per lot |
| Equity Futures | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Currency Options | ₹20/Lot | Option 1 - ₹10 per order | Option 2 - ₹8 per lot |
| Fixed Charges | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Equity Intraday | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
Choice Broking Vs Gainn Fintech - Margin (Exposure)
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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 Gainn Fintech - Other Charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
| Minimum Brokerage | 0.02% | Option 1 - ₹10 per order | Option 2 - ₹500 per crore |
Choice Broking Vs Gainn Fintech - STT/CTT
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Gainn Fintech - Demat transaction charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 per scrip per day |
Choice Broking Vs Gainn Fintech - GST
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Gainn Fintech - SEBI Charges
| Choice Broking | Gainn Fintech | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Gainn Fintech - Features
| Choice Broking | Gainn Fintech | |
|---|---|---|
| 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 | 1x (100% of Normal margin (Span + Exposure) |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. My Gainn Mobile App, 2. My Gainn Trade Web Portal: |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|