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

Quick Comparision (Choice Broking VS INDmoney)

 
 

Choice Broking Vs INDmoney

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.


INDmoney
INDmoney 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 INDmoney - Broker Details

Choice Broking INDmoney
Single Margin Facility
Year of Incorporation 2010 2019
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. NSE, BSE and MCX
Branches 50+ 966
Brokerage 0.02% 0.05% or up to ₹20/Per Order
Broker Type Full service Broker Discount Broker

Choice Broking Vs INDmoney - Account Opening & AMC Charges

Choice Broking INDmoney
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 INDmoney - Brokerage charges & Plans

Choice Broking INDmoney
Commodity Futures 0.02% N/A
Currency Futures 0.02% 0.05% or up to ₹20/Per Order
Equity Delivery 0.2% 0.05% or up to ₹20/Per Order
Equity Options ₹25/Lot 0.05% or up to ₹20/Per Order
Commodity Options ₹50/Lot N/A
Equity Futures 0.02% 0.05% or up to ₹20/Per Order
Currency Options ₹20/Lot 0.05% or up to ₹20/Per Order
Fixed Charges 0.02% 0.05% or up to ₹20/Per Order
Equity Intraday 0.02% 0.05% or up to ₹20/Per Order

Choice Broking Vs INDmoney - Other Charges

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

Choice Broking Vs INDmoney - Transaction Charges

Choice Broking INDmoney
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE: 0.035 % And | BSE: 0.001% On Options Premium Value
Equity Futures NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% NSE: 0.00195% on total turnover value
Equity Intraday NSE/BSE:- 0.00345% NSE - 0.00325% | BSE- 0.00375%
Equity Options NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% NSE: 0.053% on premium value
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% Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value
Equity Delivery NSE/BSE:- 0.00345% NSE - 0.00325% | BSE- 0.00375%

Choice Broking Vs INDmoney - Margin (Exposure)

Choice Broking INDmoney
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 INDmoney - Features

Choice Broking INDmoney
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 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. INDmoney Online Web Portal, 2. INDmoney Mobile App
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking Vs INDmoney - Review & Rating

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

Choice Broking Vs INDmoney - Request a call back from Broker

Choice Broking INDmoney

Choice Broking Vs INDmoney - Investment Options

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

Choice Broking Vs INDmoney - Order Type

Choice Broking INDmoney
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 INDmoney - Research & Report

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

Choice Broking Vs INDmoney - Daily Market Report

Choice Broking INDmoney
Daily Market Reports & News

Choice Broking Vs INDmoney - Suitable For Investor

Choice Broking INDmoney
Casual Investor
Active Investor
Trader

Choice Broking Vs INDmoney - Pros & Cons

Choice Broking INDmoney
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. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed.
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. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support.

Choice Broking Vs INDmoney - Background

Choice Broking INDmoney

Choice Broking Vs INDmoney - Compare All Brokers

Choice Broking INDmoney

Choice Broking Vs INDmoney - STT/CTT

Choice Broking INDmoney
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 INDmoney - Demat transaction charges

Choice Broking INDmoney
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹250/ per certificate

Choice Broking Vs INDmoney - GST

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

Choice Broking Vs INDmoney - SEBI Charges

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

Choice Broking Vs INDmoney - Account Opening & AMC Charges

Choice Broking
INDmoney
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 INDmoney

Choice Broking INDmoney
 

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 "+ INDmoney

INDmoney Account Opening Process, Charges, and Documentation Details

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INDmoney
INDmoney 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 INDmoney - Brokerage charges & Plans

Choice Broking INDmoney
Commodity Futures 0.02% N/A
Currency Futures 0.02% 0.05% or up to ₹20/Per Order
Equity Delivery 0.2% 0.05% or up to ₹20/Per Order
Equity Options ₹25/Lot 0.05% or up to ₹20/Per Order
Commodity Options ₹50/Lot N/A
Equity Futures 0.02% 0.05% or up to ₹20/Per Order
Currency Options ₹20/Lot 0.05% or up to ₹20/Per Order
Fixed Charges 0.02% 0.05% or up to ₹20/Per Order
Equity Intraday 0.02% 0.05% or up to ₹20/Per Order

Choice Broking Vs INDmoney - Margin (Exposure)

Choice Broking INDmoney
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 INDmoney - Other Charges

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

Choice Broking Vs INDmoney - STT/CTT

Choice Broking INDmoney
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 INDmoney - Demat transaction charges

Choice Broking INDmoney
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹250/ per certificate

Choice Broking Vs INDmoney - GST

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

Choice Broking Vs INDmoney - SEBI Charges

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

Choice Broking Vs INDmoney - Features

Choice Broking INDmoney
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 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. INDmoney Online Web Portal, 2. INDmoney Mobile App
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking

INDmoney