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

Quick Comparision (Choice Broking VS Groww)

 
 

Choice Broking Vs Groww

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.


Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs Groww - Broker Details

Choice Broking Groww
Single Margin Facility
Year of Incorporation 2010 2016
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. NSE and BSE.
Branches 50+ Zero
Brokerage 0.02% ₹20/ Order
Broker Type Full service Broker Discount Broker
Call Back Open Account

Choice Broking Vs Groww - Account Opening & AMC Charges

Choice Broking Groww
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)
Call Back Open Account

Choice Broking Vs Groww - Brokerage charges & Plans

Choice Broking Groww
Commodity Futures 0.02% N/A
Currency Futures 0.02% N/A
Equity Delivery 0.2% ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹25/Lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹50/Lot N/A
Equity Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Lot N/A
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Choice Broking Vs Groww - Other Charges

Choice Broking Groww
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹25/Lot ₹20/ Order or 0.05%
Minimum Brokerage 0.02% ₹20/ Order
Call Back Open Account

Choice Broking Vs Groww - Transaction Charges

Choice Broking Groww
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% N/A
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% N/A
Equity Delivery NSE/BSE:- 0.00345% NSE:- 0.00345% | BSE:-0.00345%
Call Back Open Account

Choice Broking Vs Groww - Margin (Exposure)

Choice Broking Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account

Choice Broking Vs Groww - Features

Choice Broking Groww
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:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Choice Broking Vs Groww - Review & Rating

Choice Broking Groww
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Choice Broking Vs Groww - Request a call back from Broker

Choice Broking Groww
Call Back Open Account

Choice Broking Vs Groww - Investment Options

Choice Broking Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Choice Broking Vs Groww - Order Type

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

Choice Broking Vs Groww - Research & Report

Choice Broking Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Choice Broking Vs Groww - Daily Market Report

Choice Broking Groww
Daily Market Reports & News
Call Back Open Account

Choice Broking Vs Groww - Suitable For Investor

Choice Broking Groww
Casual Investor
Active Investor
Trader
Call Back Open Account

Choice Broking Vs Groww - Pros & Cons

Choice Broking Groww
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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option.
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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth.
Call Back Open Account

Choice Broking Vs Groww - Background

Choice Broking Groww
Call Back Open Account

Choice Broking Vs Groww - Compare All Brokers

Choice Broking Groww
Call Back Open Account

Choice Broking Vs Groww - STT/CTT

Choice Broking Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
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 N/A
Call Back Open Account

Choice Broking Vs Groww - Demat transaction charges

Choice Broking Groww
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹13.5 Gst per scrip per day only on sell
Call Back Open Account

Choice Broking Vs Groww - GST

Choice Broking Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% ( Brokerage + Transaction charges)
Call Back Open Account

Choice Broking Vs Groww - SEBI Charges

Choice Broking Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

Choice Broking Vs Groww - Account Opening & AMC Charges

Choice Broking
Groww
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 Groww

Choice Broking Groww
 

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 "+ Groww

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
 
 

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs Groww - Brokerage charges & Plans

Choice Broking Groww
Commodity Futures 0.02% N/A
Currency Futures 0.02% N/A
Equity Delivery 0.2% ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹25/Lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹50/Lot N/A
Equity Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Lot N/A
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Choice Broking Vs Groww - Margin (Exposure)

Choice Broking Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account

Choice Broking Vs Groww - Other Charges

Choice Broking Groww
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹25/Lot ₹20/ Order or 0.05%
Minimum Brokerage 0.02% ₹20/ Order

Choice Broking Vs Groww - STT/CTT

Choice Broking Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
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 N/A

Choice Broking Vs Groww - Demat transaction charges

Choice Broking Groww
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹13.5 Gst per scrip per day only on sell

Choice Broking Vs Groww - GST

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

Choice Broking Vs Groww - SEBI Charges

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

Choice Broking Vs Groww - Features

Choice Broking Groww
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:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Choice Broking

Groww