Choice Broking Vs ProfitMart
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.
ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs ProfitMart - Broker Details
| Choice Broking | ProfitMart | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 2010 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE, MCX. |
| Branches | 50+ | 32 |
| Brokerage | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Broker Type | Full service Broker | Full Service Broker |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Account Opening & AMC Charges
| Choice Broking | ProfitMart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹999 ( Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Brokerage charges & Plans
| Choice Broking | ProfitMart | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.2% | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹25/Lot | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹50/Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/Lot | ₹20/Order or ₹50/Lot |
| Fixed Charges | 0.02% | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Other Charges
| Choice Broking | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹2500 + GST |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.02% | ₹20/ Order |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Transaction Charges
| Choice Broking | ProfitMart | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.00325% of Total Turnover |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.00325% of Total Turnover |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.00325% of Total Turnover |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.00325% of Total Turnover |
| 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% | 0.00325% of Total Turnover |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.00325% of Total Turnover |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.00325% of Total Turnover |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Margin (Exposure)
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Features
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Choice Broking Vs ProfitMart - Review & Rating
| Choice Broking | ProfitMart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs ProfitMart - Request a call back from Broker
| Choice Broking | ProfitMart | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs ProfitMart - Investment Options
| Choice Broking | ProfitMart | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Choice Broking Vs ProfitMart - Order Type
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Research & Report
| Choice Broking | ProfitMart | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Choice Broking Vs ProfitMart - Daily Market Report
| Choice Broking | ProfitMart | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Choice Broking Vs ProfitMart - Suitable For Investor
| Choice Broking | ProfitMart | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Choice Broking Vs ProfitMart - Pros & Cons
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 provides various offers from time to time. 2.It provides the advanced and smart trading platforms that makes trading easy and efficient. 3.Reasonalble Brokerage. 4.It has quick and great customer support. 5.It has its branches across India to serve its customers. 6.It provides the online or offline transaction 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.It prescribes least brokerage charges. 2.It does not provide the facility of brokerage calculator. 3.\tThe trading platforms are not compatible for web. 4. Average Customer Service. |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Background
| Choice Broking | ProfitMart | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs ProfitMart - Compare All Brokers
| Choice Broking | ProfitMart | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs ProfitMart - STT/CTT
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Demat transaction charges
| Choice Broking | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20+ Gst per scrip only on sell |
| Call Back Open Account |
Choice Broking Vs ProfitMart - GST
| Choice Broking | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account |
Choice Broking Vs ProfitMart - SEBI Charges
| Choice Broking | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Account Opening & AMC Charges
Choice Broking
ProfitMart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹999 ( Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs ProfitMart
| Choice Broking | ProfitMart | |
|---|---|---|
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 "+ ProfitMart |
Profitmart Review | Brokerage Charges, Account OpeningProfitmart Securities Private Limited reviews are very important for traders who wants to open account in Profitmart. It is a broking house established in 2010. In Profitmart Securities review focuses on improving the customer’s profit with its best products, services and technology. Profitmart broking firm was formerly .. |
|
|
|
|
|
ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs ProfitMart - Brokerage charges & Plans
| Choice Broking | ProfitMart | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.2% | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹25/Lot | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹50/Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/Lot | ₹20/Order or ₹50/Lot |
| Fixed Charges | 0.02% | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs ProfitMart - Margin (Exposure)
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Other Charges
| Choice Broking | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹2500 + GST |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs ProfitMart - STT/CTT
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs ProfitMart - Demat transaction charges
| Choice Broking | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20+ Gst per scrip only on sell |
Choice Broking Vs ProfitMart - GST
| Choice Broking | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charges) |
Choice Broking Vs ProfitMart - SEBI Charges
| Choice Broking | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs ProfitMart - Features
| Choice Broking | ProfitMart | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |