Choice Broking Vs Sernet Financial
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.
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Sernet Financial - Broker Details
| Choice Broking | Sernet Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2004 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE and MCX |
| Branches | 50+ | NA |
| Brokerage | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs Sernet Financial - Account Opening & AMC Charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
| Trading Account AMC | ₹0 (Free) | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
Choice Broking Vs Sernet Financial - Brokerage charges & Plans
| Choice Broking | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | 0.2% | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹25/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | ₹50/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | ₹20/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Choice Broking Vs Sernet Financial - Other Charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 per Order |
| Other Brokerage Charges | ₹25/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Choice Broking Vs Sernet Financial - Transaction Charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.0019% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00325% | BSE: 0.00325% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.05% (on premium) | 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% | Exchange txn charge: 0.05% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00325% | BSE: 0.00325% |
Choice Broking Vs Sernet Financial - Margin (Exposure)
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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 (no margin) |
| 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 Sernet Financial - Features
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Sernet Financial - Review & Rating
| Choice Broking | Sernet Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Sernet Financial - Request a call back from Broker
| Choice Broking | Sernet Financial | |
|---|---|---|
Choice Broking Vs Sernet Financial - Investment Options
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Order Type
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Research & Report
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Daily Market Report
| Choice Broking | Sernet Financial | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Sernet Financial - Suitable For Investor
| Choice Broking | Sernet Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Sernet Financial - Pros & Cons
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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 Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. |
| 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. |
Choice Broking Vs Sernet Financial - Background
| Choice Broking | Sernet Financial | |
|---|---|---|
Choice Broking Vs Sernet Financial - Compare All Brokers
| Choice Broking | Sernet Financial | |
|---|---|---|
Choice Broking Vs Sernet Financial - STT/CTT
| Choice Broking | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.1% on buy & sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & 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 Sernet Financial - Demat transaction charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + GST per scrip |
Choice Broking Vs Sernet Financial - GST
| Choice Broking | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Sernet Financial - SEBI Charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Sernet Financial - Account Opening & AMC Charges
Choice Broking
Sernet Financial
Trading Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account AMC
₹200+GST ( 2nd Year onwards)
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Trading Account AMC
₹0 (Free)
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Choice Broking Vs Sernet Financial
| Choice Broking | Sernet Financial | |
|---|---|---|
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 "+ Sernet Financial |
Sernet Financial Account Opening Process and Charges Details |
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Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Sernet Financial - Brokerage charges & Plans
| Choice Broking | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | 0.2% | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹25/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | ₹50/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | ₹20/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Choice Broking Vs Sernet Financial - Margin (Exposure)
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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 (no margin) |
| 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 Sernet Financial - Other Charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 per Order |
| Other Brokerage Charges | ₹25/Lot | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | 0.02% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Choice Broking Vs Sernet Financial - STT/CTT
| Choice Broking | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.1% on buy & sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & 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 Sernet Financial - Demat transaction charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + GST per scrip |
Choice Broking Vs Sernet Financial - GST
| Choice Broking | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Sernet Financial - SEBI Charges
| Choice Broking | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Sernet Financial - Features
| Choice Broking | Sernet Financial | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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