STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Choice Broking VS Trade Smart)

 
 

Choice Broking Vs Trade Smart

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.


Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.

Choice Broking Vs Trade Smart - Broker Details

Choice Broking Trade Smart
Single Margin Facility
Year of Incorporation 2010 1994
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. BSE, NSE and MCX.
Branches 50+ Zero
Brokerage 0.02% 0.007% or ₹15/ Order
Broker Type Full service Broker Discount Broker

Choice Broking Vs Trade Smart - Account Opening & AMC Charges

Choice Broking Trade Smart
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹200+GST ( 2nd Year onwards) ₹300 ( 2nd Year onwards)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Choice Broking Vs Trade Smart - Brokerage charges & Plans

Choice Broking Trade Smart
Commodity Futures 0.02% 0.007% or ₹15/ Order
Currency Futures 0.02% 0.007% or ₹15/ Order
Equity Delivery 0.2% 0.07% or ₹15/ Order
Equity Options ₹25/Lot ₹7/ Lot or ₹15/ Order
Commodity Options ₹50/Lot ₹7/ Lot or ₹15/ Order
Equity Futures 0.02% 0.007% or ₹15/ Order
Currency Options ₹20/Lot ₹7/ Lot or ₹15/ Order
Fixed Charges 0.02% ₹15/ Order
Equity Intraday 0.02% 0.007% or ₹15/ Order

Choice Broking Vs Trade Smart - Other Charges

Choice Broking Trade Smart
RMS Square Off Charge ₹0 (Free) ₹20/Order
API Charges - ₹750/Order
Call & Trade Charges ₹0 (Free) ₹20/Order + brokerage commission
Other Brokerage Charges ₹25/Lot 0.007% or ₹15/ Order
Minimum Brokerage 0.02% ₹15/ Order

Choice Broking Vs Trade Smart - Transaction Charges

Choice Broking Trade Smart
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% 0.06%
Equity Futures NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% 0.0024%
Equity Intraday NSE/BSE:- 0.00345% 0.0035%
Equity Options NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% 0.0715%
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% 0.0039%
Currency Futures NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% 0.00165%
Equity Delivery NSE/BSE:- 0.00345% 0.0035%

Choice Broking Vs Trade Smart - Margin (Exposure)

Choice Broking Trade Smart
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 Trade Smart - Features

Choice Broking Trade Smart
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 & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking Vs Trade Smart - Review & Rating

Choice Broking Trade Smart
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Choice Broking Vs Trade Smart - Request a call back from Broker

Choice Broking Trade Smart

Choice Broking Vs Trade Smart - Investment Options

Choice Broking Trade Smart
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Choice Broking Vs Trade Smart - Order Type

Choice Broking Trade Smart
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Choice Broking Vs Trade Smart - Research & Report

Choice Broking Trade Smart
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Choice Broking Vs Trade Smart - Daily Market Report

Choice Broking Trade Smart
Daily Market Reports & News

Choice Broking Vs Trade Smart - Suitable For Investor

Choice Broking Trade Smart
Casual Investor
Active Investor
Trader

Choice Broking Vs Trade Smart - Pros & Cons

Choice Broking Trade Smart
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 the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent.
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.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account.

Choice Broking Vs Trade Smart - Background

Choice Broking Trade Smart

Choice Broking Vs Trade Smart - Compare All Brokers

Choice Broking Trade Smart

Choice Broking Vs Trade Smart - STT/CTT

Choice Broking Trade Smart
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Choice Broking Vs Trade Smart - Demat transaction charges

Choice Broking Trade Smart
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹15 + Gst per scrip per day only on sell

Choice Broking Vs Trade Smart - GST

Choice Broking Trade Smart
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% ( Brokerage + Transaction charges)

Choice Broking Vs Trade Smart - SEBI Charges

Choice Broking Trade Smart
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Choice Broking Vs Trade Smart - Account Opening & AMC Charges

Choice Broking
Trade Smart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹300 ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Choice Broking Vs Trade Smart

Choice Broking Trade Smart
 

Choice Broking Review | Brokerage Charges, Account Opening


Choice 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 "+ Trade Smart

TradeSmart Review | Brokerage Charges, Account Opening

TradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina ..
 
 

Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.

Choice Broking Vs Trade Smart - Brokerage charges & Plans

Choice Broking Trade Smart
Commodity Futures 0.02% 0.007% or ₹15/ Order
Currency Futures 0.02% 0.007% or ₹15/ Order
Equity Delivery 0.2% 0.07% or ₹15/ Order
Equity Options ₹25/Lot ₹7/ Lot or ₹15/ Order
Commodity Options ₹50/Lot ₹7/ Lot or ₹15/ Order
Equity Futures 0.02% 0.007% or ₹15/ Order
Currency Options ₹20/Lot ₹7/ Lot or ₹15/ Order
Fixed Charges 0.02% ₹15/ Order
Equity Intraday 0.02% 0.007% or ₹15/ Order

Choice Broking Vs Trade Smart - Margin (Exposure)

Choice Broking Trade Smart
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 Trade Smart - Other Charges

Choice Broking Trade Smart
RMS Square Off Charge ₹0 (Free) ₹20/Order
API Charges - ₹750/Order
Call & Trade Charges ₹0 (Free) ₹20/Order + brokerage commission
Other Brokerage Charges ₹25/Lot 0.007% or ₹15/ Order
Minimum Brokerage 0.02% ₹15/ Order

Choice Broking Vs Trade Smart - STT/CTT

Choice Broking Trade Smart
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Choice Broking Vs Trade Smart - Demat transaction charges

Choice Broking Trade Smart
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹15 + Gst per scrip per day only on sell

Choice Broking Vs Trade Smart - GST

Choice Broking Trade Smart
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% ( Brokerage + Transaction charges)

Choice Broking Vs Trade Smart - SEBI Charges

Choice Broking Trade Smart
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Choice Broking Vs Trade Smart - Features

Choice Broking Trade Smart
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 & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking

Trade Smart