Choice Broking Vs Sharekhan
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.
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Sharekhan - Broker Details
| Choice Broking | Sharekhan | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2000 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX. |
| Branches | 50+ | 153+ |
| Brokerage | 0.02% | 0.03% |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Account Opening & AMC Charges
| Choice Broking | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹400 (from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Brokerage charges & Plans
| Choice Broking | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.02% | 0.03% per transaction value |
| Currency Futures | 0.02% | 0.03% per transaction value |
| Equity Delivery | 0.2% | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹25/Lot | ₹60/ Lot |
| Commodity Options | ₹50/Lot | ₹60/ Lot |
| Equity Futures | 0.02% | 0.03% per transaction value |
| Currency Options | ₹20/Lot | ₹20/ Lot |
| Fixed Charges | 0.02% | ₹1,00,000/ Year |
| Equity Intraday | 0.02% | 0.03% per transaction value |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Other Charges
| Choice Broking | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹1,00,000/ Year |
| Minimum Brokerage | 0.02% | 0.10% |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Transaction Charges
| Choice Broking | Sharekhan | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (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% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Margin (Exposure)
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1 time (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 Sharekhan - Features
| Choice Broking | Sharekhan | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Choice Broking Vs Sharekhan - Review & Rating
| Choice Broking | Sharekhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs Sharekhan - Request a call back from Broker
| Choice Broking | Sharekhan | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Sharekhan - Investment Options
| Choice Broking | Sharekhan | |
|---|---|---|
| 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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| Call Back Open Account |
Choice Broking Vs Sharekhan - Order Type
| Choice Broking | Sharekhan | |
|---|---|---|
| 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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| Call Back Open Account |
Choice Broking Vs Sharekhan - Research & Report
| Choice Broking | Sharekhan | |
|---|---|---|
| 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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| Call Back Open Account |
Choice Broking Vs Sharekhan - Daily Market Report
| Choice Broking | Sharekhan | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Choice Broking Vs Sharekhan - Suitable For Investor
| Choice Broking | Sharekhan | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Choice Broking Vs Sharekhan - Pros & Cons
| Choice Broking | Sharekhan | |
|---|---|---|
| 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 offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade 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 does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Background
| Choice Broking | Sharekhan | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Sharekhan - Compare All Brokers
| Choice Broking | Sharekhan | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Sharekhan - STT/CTT
| Choice Broking | Sharekhan | |
|---|---|---|
| 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 |
| 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 Sharekhan - Demat transaction charges
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹0 (Free) |
| Call Back Open Account |
Choice Broking Vs Sharekhan - GST
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Choice Broking Vs Sharekhan - SEBI Charges
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Account Opening & AMC Charges
Choice Broking
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹400 (from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Sharekhan
| Choice Broking | Sharekhan | |
|---|---|---|
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 "+ Sharekhan |
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. |
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Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Sharekhan - Brokerage charges & Plans
| Choice Broking | Sharekhan | |
|---|---|---|
| Commodity Futures | 0.02% | 0.03% per transaction value |
| Currency Futures | 0.02% | 0.03% per transaction value |
| Equity Delivery | 0.2% | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹25/Lot | ₹60/ Lot |
| Commodity Options | ₹50/Lot | ₹60/ Lot |
| Equity Futures | 0.02% | 0.03% per transaction value |
| Currency Options | ₹20/Lot | ₹20/ Lot |
| Fixed Charges | 0.02% | ₹1,00,000/ Year |
| Equity Intraday | 0.02% | 0.03% per transaction value |
| Call Back Open Account |
Choice Broking Vs Sharekhan - Margin (Exposure)
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1 time (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 Sharekhan - Other Charges
| Choice Broking | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹1,00,000/ Year |
| Minimum Brokerage | 0.02% | 0.10% |
Choice Broking Vs Sharekhan - STT/CTT
| Choice Broking | Sharekhan | |
|---|---|---|
| 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 |
| 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 Sharekhan - Demat transaction charges
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹0 (Free) |
Choice Broking Vs Sharekhan - GST
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% (on brokerage + transaction charges) |
Choice Broking Vs Sharekhan - SEBI Charges
| Choice Broking | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs Sharekhan - Features
| Choice Broking | Sharekhan | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| 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 | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |