Choice Broking Vs Reliance 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.
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Reliance Securities - Broker Details
| Choice Broking | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2005 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | 50+ | 80+ |
| Brokerage | 0.02% | 0.05% |
| Broker Type | Full service Broker | Full service Broker |
Choice Broking Vs Reliance Securities - Account Opening & AMC Charges
| Choice Broking | Reliance 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) | ₹2500/- life time free |
| Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
Choice Broking Vs Reliance Securities - Brokerage charges & Plans
| Choice Broking | Reliance Securities | |
|---|---|---|
| Commodity Futures | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | 0.2% | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹25/Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹50/Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹20/Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Choice Broking Vs Reliance Securities - Other Charges
| Choice Broking | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹25/Lot | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | 0.02% | 0.05% |
Choice Broking Vs Reliance Securities - Transaction Charges
| Choice Broking | Reliance Securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.04174% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.0009% | BSE: 0.0005% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.0032% | BSE: 0.003% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE:0.05% | BSE:0.0005% (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% | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.0009% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.0032% | BSE: 0.00275% |
Choice Broking Vs Reliance Securities - Margin (Exposure)
| Choice Broking | Reliance 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Features
| Choice Broking | Reliance Securities | |
|---|---|---|
| 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 | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Reliance Securities - Review & Rating
| Choice Broking | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Reliance Securities - Request a call back from Broker
| Choice Broking | Reliance Securities | |
|---|---|---|
Choice Broking Vs Reliance Securities - Investment Options
| Choice Broking | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Order Type
| Choice Broking | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Research & Report
| Choice Broking | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Daily Market Report
| Choice Broking | Reliance Securities | |
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| Daily Market Reports & News |
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Choice Broking Vs Reliance Securities - Suitable For Investor
| Choice Broking | Reliance Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Reliance Securities - Pros & Cons
| Choice Broking | Reliance 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. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. |
| 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 does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. |
Choice Broking Vs Reliance Securities - Background
| Choice Broking | Reliance Securities | |
|---|---|---|
Choice Broking Vs Reliance Securities - Compare All Brokers
| Choice Broking | Reliance Securities | |
|---|---|---|
Choice Broking Vs Reliance Securities - STT/CTT
| Choice Broking | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Demat transaction charges
| Choice Broking | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
Choice Broking Vs Reliance Securities - GST
| Choice Broking | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Reliance Securities - SEBI Charges
| Choice Broking | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Reliance Securities - Account Opening & AMC Charges
Choice Broking
Reliance 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)
₹2500/- life time free
Trading Account AMC
₹0 (Free)
₹2500/- life time free
Choice Broking Vs Reliance Securities
| Choice Broking | Reliance 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 "+ Reliance Securities |
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. |
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Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Reliance Securities - Brokerage charges & Plans
| Choice Broking | Reliance Securities | |
|---|---|---|
| Commodity Futures | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | 0.2% | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹25/Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹50/Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹20/Lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | 0.02% | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Choice Broking Vs Reliance Securities - Margin (Exposure)
| Choice Broking | Reliance 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Other Charges
| Choice Broking | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹25/Lot | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | 0.02% | 0.05% |
Choice Broking Vs Reliance Securities - STT/CTT
| Choice Broking | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Demat transaction charges
| Choice Broking | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
Choice Broking Vs Reliance Securities - GST
| Choice Broking | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Reliance Securities - SEBI Charges
| Choice Broking | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Reliance Securities - Features
| Choice Broking | Reliance Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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 | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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