Choice Broking Vs SBICAP 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.
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Choice Broking Vs SBICAP Securities - Broker Details
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1986 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE |
| Branches | 50+ | 141+ |
| Brokerage | 0.02% | 0.075% |
| Broker Type | Full service Broker | Full service Broker |
Choice Broking Vs SBICAP Securities - Account Opening & AMC Charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹850/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs SBICAP Securities - Brokerage charges & Plans
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.02% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.02% | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.2% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹25/Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹50/Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.02% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹20/Lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.02% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.02% | Intraday:- 0.075% | Delivery:- 0.50% |
Choice Broking Vs SBICAP Securities - Other Charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹10/Order |
| Other Brokerage Charges | ₹25/Lot | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.02% | ₹20/Order |
Choice Broking Vs SBICAP Securities - Transaction Charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE- 0.05515% (Rs.5515/crore) |
| 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% | 0.002206% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00386% | BSE: 0.00384% |
Choice Broking Vs SBICAP Securities - Margin (Exposure)
| Choice Broking | SBICAP 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) |
Choice Broking Vs SBICAP Securities - Features
| Choice Broking | SBICAP 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs SBICAP Securities - Review & Rating
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs SBICAP Securities - Request a call back from Broker
| Choice Broking | SBICAP Securities | |
|---|---|---|
Choice Broking Vs SBICAP Securities - Investment Options
| Choice Broking | SBICAP 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 SBICAP Securities - Order Type
| Choice Broking | SBICAP 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 SBICAP Securities - Research & Report
| Choice Broking | SBICAP 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 SBICAP Securities - Daily Market Report
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs SBICAP Securities - Suitable For Investor
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs SBICAP Securities - Pros & Cons
| Choice Broking | SBICAP 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. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. |
| 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. |
Choice Broking Vs SBICAP Securities - Background
| Choice Broking | SBICAP Securities | |
|---|---|---|
Choice Broking Vs SBICAP Securities - Compare All Brokers
| Choice Broking | SBICAP Securities | |
|---|---|---|
Choice Broking Vs SBICAP Securities - STT/CTT
| Choice Broking | SBICAP 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 SBICAP Securities - Demat transaction charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Choice Broking Vs SBICAP Securities - GST
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs SBICAP Securities - SEBI Charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs SBICAP Securities - Account Opening & AMC Charges
Choice Broking
SBICAP Securities
Trading Account Opening Charge
₹0 (Free)
₹850/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹750 (₹500/- for e-statement)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs SBICAP Securities
| Choice Broking | SBICAP 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 "+ SBICAP Securities |
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. |
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SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Choice Broking Vs SBICAP Securities - Brokerage charges & Plans
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.02% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 0.02% | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 0.2% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹25/Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹50/Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 0.02% | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹20/Lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 0.02% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 0.02% | Intraday:- 0.075% | Delivery:- 0.50% |
Choice Broking Vs SBICAP Securities - Margin (Exposure)
| Choice Broking | SBICAP 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) |
Choice Broking Vs SBICAP Securities - Other Charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹10/Order |
| Other Brokerage Charges | ₹25/Lot | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 0.02% | ₹20/Order |
Choice Broking Vs SBICAP Securities - STT/CTT
| Choice Broking | SBICAP 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 SBICAP Securities - Demat transaction charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Choice Broking Vs SBICAP Securities - GST
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs SBICAP Securities - SEBI Charges
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs SBICAP Securities - Features
| Choice Broking | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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