Choice Broking Vs NVS Group
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.
NVS Group
NVS Group 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 NVS Group - Broker Details
| Choice Broking | NVS Group | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1991 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE and MCX. |
| Branches | 50+ | N/A |
| Brokerage | 0.02% | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs NVS Group - Account Opening & AMC Charges
| Choice Broking | NVS Group | |
|---|---|---|
| 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 NVS Group - Brokerage charges & Plans
| Choice Broking | NVS Group | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% |
| Equity Delivery | 0.2% | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.40% | Upto 20 Lac- 0.30% | Above 20 Lac- 0.25% |
| Equity Options | ₹25/Lot | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% |
| Currency Options | ₹20/Lot | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot |
| Fixed Charges | 0.02% | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% |
| Equity Intraday | 0.02% | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% |
Choice Broking Vs NVS Group - Other Charges
| Choice Broking | NVS Group | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹20 per order |
| Minimum Brokerage | 0.02% | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% |
Choice Broking Vs NVS Group - Transaction Charges
| Choice Broking | NVS Group | |
|---|---|---|
| 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 NVS Group - Margin (Exposure)
| Choice Broking | NVS Group | |
|---|---|---|
| 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) |
Choice Broking Vs NVS Group - Features
| Choice Broking | NVS Group | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. NVS In-Wallet Mobile App 2. NVS In-Wallet Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs NVS Group - Review & Rating
| Choice Broking | NVS Group | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs NVS Group - Request a call back from Broker
| Choice Broking | NVS Group | |
|---|---|---|
Choice Broking Vs NVS Group - Investment Options
| Choice Broking | NVS Group | |
|---|---|---|
| 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 NVS Group - Order Type
| Choice Broking | NVS Group | |
|---|---|---|
| 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 NVS Group - Research & Report
| Choice Broking | NVS Group | |
|---|---|---|
| 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 NVS Group - Daily Market Report
| Choice Broking | NVS Group | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs NVS Group - Suitable For Investor
| Choice Broking | NVS Group | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs NVS Group - Pros & Cons
| Choice Broking | NVS Group | |
|---|---|---|
| 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. Non availability of 3-in-1 account 2. Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5.NVS offers such services, which are advantageous for investors looking for expert insights. |
Choice Broking Vs NVS Group - Background
| Choice Broking | NVS Group | |
|---|---|---|
Choice Broking Vs NVS Group - Compare All Brokers
| Choice Broking | NVS Group | |
|---|---|---|
Choice Broking Vs NVS Group - STT/CTT
| Choice Broking | NVS Group | |
|---|---|---|
| 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 NVS Group - Demat transaction charges
| Choice Broking | NVS Group | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 per scrip per day |
Choice Broking Vs NVS Group - GST
| Choice Broking | NVS Group | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on ( Brokerage + Transaction Charge) |
Choice Broking Vs NVS Group - SEBI Charges
| Choice Broking | NVS Group | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs NVS Group - Account Opening & AMC Charges
Choice Broking
NVS Group
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 NVS Group
| Choice Broking | NVS Group | |
|---|---|---|
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 "+ NVS Group |
NVS Group Account Opening Charges and Process |
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NVS Group
NVS Group 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 NVS Group - Brokerage charges & Plans
| Choice Broking | NVS Group | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% |
| Equity Delivery | 0.2% | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.40% | Upto 20 Lac- 0.30% | Above 20 Lac- 0.25% |
| Equity Options | ₹25/Lot | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% |
| Currency Options | ₹20/Lot | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot |
| Fixed Charges | 0.02% | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% |
| Equity Intraday | 0.02% | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% |
Choice Broking Vs NVS Group - Margin (Exposure)
| Choice Broking | NVS Group | |
|---|---|---|
| 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) |
Choice Broking Vs NVS Group - Other Charges
| Choice Broking | NVS Group | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹20 per order |
| Minimum Brokerage | 0.02% | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% |
Choice Broking Vs NVS Group - STT/CTT
| Choice Broking | NVS Group | |
|---|---|---|
| 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 NVS Group - Demat transaction charges
| Choice Broking | NVS Group | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 per scrip per day |
Choice Broking Vs NVS Group - GST
| Choice Broking | NVS Group | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on ( Brokerage + Transaction Charge) |
Choice Broking Vs NVS Group - SEBI Charges
| Choice Broking | NVS Group | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs NVS Group - Features
| Choice Broking | NVS Group | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. NVS In-Wallet Mobile App 2. NVS In-Wallet Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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