Choice Broking Vs Kotak Securities
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.
Kotak Securities
Kotak securities is a full service Broker. KOTAK securities Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Kotak Securities - Broker Details
Choice Broking | Kotak Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2010 | 1994 |
Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX. |
Branches | 50+ | 1449 |
Brokerage | 0.02% | ₹20/Order |
Broker Type | Full service Broker | Full service Broker |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Account Opening & AMC Charges
Choice Broking | Kotak Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹500/- Yearly |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Brokerage charges & Plans
Choice Broking | Kotak Securities | |
---|---|---|
Commodity Futures | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- 0.039% |
Currency Futures | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- ₹9/Lot |
Equity Delivery | 0.2% | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% |
Equity Options | ₹25/Lot | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Commodity Options | ₹50/Lot | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Equity Futures | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% |
Currency Options | ₹20/Lot | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹5/Lot |
Fixed Charges | 0.02% | ₹20/Order |
Equity Intraday | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Other Charges
Choice Broking | Kotak Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
API Charges | - | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call |
Other Brokerage Charges | ₹25/Lot | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Minimum Brokerage | 0.02% | ₹20/Order or ₹39/Lot |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Transaction Charges
Choice Broking | Kotak Securities | |
---|---|---|
Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.00095% | BSE: 0.00022% |
Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.002% |
Equity Intraday | NSE/BSE:- 0.00345% | 0.025% (On Sell Trade) |
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% | MCX FUTURE (for Agri & Non Agri): 0.0026% | NCDEX: 0.0055% || MCX OPTION :- It is 0.05% for MCX and 0 for NCDEX |
Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.00095% | BSE: 0.00022% |
Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Margin (Exposure)
Choice Broking | Kotak Securities | |
---|---|---|
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) |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Features
Choice Broking | Kotak Securities | |
---|---|---|
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:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM |
Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Choice Broking Vs Kotak Securities - Review & Rating
Choice Broking | Kotak Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Choice Broking Vs Kotak Securities - Request a call back from Broker
Choice Broking | Kotak Securities | |
---|---|---|
Call Back Open Account |
Choice Broking Vs Kotak Securities - Investment Options
Choice Broking | Kotak Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Choice Broking Vs Kotak Securities - Order Type
Choice Broking | Kotak Securities | |
---|---|---|
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 Kotak Securities - Research & Report
Choice Broking | Kotak Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Choice Broking Vs Kotak Securities - Daily Market Report
Choice Broking | Kotak Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Choice Broking Vs Kotak Securities - Suitable For Investor
Choice Broking | Kotak Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Choice Broking Vs Kotak Securities - Pros & Cons
Choice Broking | Kotak Securities | |
---|---|---|
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. It facilitates its customers with the 3 in 1 demat account that helps in fluent transfer of funds within the accounts. 2. Most of the investment areas can easily be found on the same platform. 3. It has a special provision for the traders having bad or slow internet connection. 4. It has excellent trading platforms. 5. It provides excellent customer service and support by an online chat facility. |
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. No support for the commodity segment is available. 2. Very high brokerage in dealer assisted brokerage plan. 3. High Equity delivery brokerage charges. |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Background
Choice Broking | Kotak Securities | |
---|---|---|
Call Back Open Account |
Choice Broking Vs Kotak Securities - Compare All Brokers
Choice Broking | Kotak Securities | |
---|---|---|
Call Back Open Account |
Choice Broking Vs Kotak Securities - STT/CTT
Choice Broking | Kotak Securities | |
---|---|---|
Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (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 |
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% on sell trade |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Demat transaction charges
Choice Broking | Kotak Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹ 18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
Choice Broking Vs Kotak Securities - GST
Choice Broking | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
Choice Broking Vs Kotak Securities - SEBI Charges
Choice Broking | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Account Opening & AMC Charges
Choice Broking Vs Kotak Securities
Choice Broking | Kotak Securities | |
---|---|---|
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 "+ Kotak Securities |
Kotak Securities Review 2024Kotak Securities Limited was established in the year 1994. It provides various stock broking service and distributes various financial products in India. The company is famous for its out of the box ideas over the past years. In other words, they are well-known and well-respected full-service brokerage firm. Kotak securities comp .. |
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Kotak Securities
Kotak securities is a full service Broker. KOTAK securities Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Kotak Securities - Brokerage charges & Plans
Choice Broking | Kotak Securities | |
---|---|---|
Commodity Futures | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- 0.039% |
Currency Futures | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- ₹9/Lot |
Equity Delivery | 0.2% | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% |
Equity Options | ₹25/Lot | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Commodity Options | ₹50/Lot | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Equity Futures | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% |
Currency Options | ₹20/Lot | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹5/Lot |
Fixed Charges | 0.02% | ₹20/Order |
Equity Intraday | 0.02% | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Margin (Exposure)
Choice Broking | Kotak Securities | |
---|---|---|
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) |
Call Back Open Account |
Choice Broking Vs Kotak Securities - Other Charges
Choice Broking | Kotak Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
API Charges | - | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call |
Other Brokerage Charges | ₹25/Lot | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Minimum Brokerage | 0.02% | ₹20/Order or ₹39/Lot |
Choice Broking Vs Kotak Securities - STT/CTT
Choice Broking | Kotak Securities | |
---|---|---|
Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (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 |
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% on sell trade |
Choice Broking Vs Kotak Securities - Demat transaction charges
Choice Broking | Kotak Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹ 18.5 + Gst per scrip per day only on sell |
Choice Broking Vs Kotak Securities - GST
Choice Broking | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Kotak Securities - SEBI Charges
Choice Broking | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Kotak Securities - Features
Choice Broking | Kotak Securities | |
---|---|---|
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:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM |
Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |