Choice Broking Vs Parim Finserv
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.
Parim Finserv
Parim Finserv 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 Parim Finserv - Broker Details
| Choice Broking | Parim Finserv | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | N/A |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE and MCX. |
| Branches | 50+ | 146 |
| Brokerage | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Parim Finserv - Account Opening & AMC Charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹1375/- Lifetime AMC |
| Trading Account AMC | ₹0 (Free) | NA |
Choice Broking Vs Parim Finserv - Brokerage charges & Plans
| Choice Broking | Parim Finserv | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | 0.2% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹25/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | ₹50/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹20/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Choice Broking Vs Parim Finserv - Other Charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹25/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Choice Broking Vs Parim Finserv - Transaction Charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 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% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.050% |
| 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 ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | NSE/BSE:- 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
Choice Broking Vs Parim Finserv - Margin (Exposure)
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Features
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Parim Finserv - Review & Rating
| Choice Broking | Parim Finserv | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Parim Finserv - Request a call back from Broker
| Choice Broking | Parim Finserv | |
|---|---|---|
Choice Broking Vs Parim Finserv - Investment Options
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Order Type
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Research & Report
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Daily Market Report
| Choice Broking | Parim Finserv | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Parim Finserv - Suitable For Investor
| Choice Broking | Parim Finserv | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Parim Finserv - Pros & Cons
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. |
| 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. Parim Finserve offers such services, advantageous for investors looking for expert insights. |
Choice Broking Vs Parim Finserv - Background
| Choice Broking | Parim Finserv | |
|---|---|---|
Choice Broking Vs Parim Finserv - Compare All Brokers
| Choice Broking | Parim Finserv | |
|---|---|---|
Choice Broking Vs Parim Finserv - STT/CTT
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and 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 Parim Finserv - Demat transaction charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs Parim Finserv - GST
| Choice Broking | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on ( Brokerage + Transaction Charge) |
Choice Broking Vs Parim Finserv - SEBI Charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs Parim Finserv - Account Opening & AMC Charges
Choice Broking
Parim Finserv
Trading Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹1375/- Lifetime AMC
Trading Account AMC
₹0 (Free)
NA
Choice Broking Vs Parim Finserv
| Choice Broking | Parim Finserv | |
|---|---|---|
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 "+ Parim Finserv |
Parim Finserve Account Opening Charges |
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Parim Finserv
Parim Finserv 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 Parim Finserv - Brokerage charges & Plans
| Choice Broking | Parim Finserv | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | 0.2% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹25/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | ₹50/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹20/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Choice Broking Vs Parim Finserv - Margin (Exposure)
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Other Charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹25/Lot | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | 0.02% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Choice Broking Vs Parim Finserv - STT/CTT
| Choice Broking | Parim Finserv | |
|---|---|---|
| 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) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and 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 Parim Finserv - Demat transaction charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs Parim Finserv - GST
| Choice Broking | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on ( Brokerage + Transaction Charge) |
Choice Broking Vs Parim Finserv - SEBI Charges
| Choice Broking | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs Parim Finserv - Features
| Choice Broking | Parim Finserv | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| 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. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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