Choice Broking Vs TradePlus
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.
TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs TradePlus - Broker Details
| Choice Broking | TradePlus | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1983 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE, MCX, and CDSL |
| Branches | 50+ | N/A |
| Brokerage | 0.02% | 0.025% on the Sell Side |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs TradePlus - Account Opening & AMC Charges
| Choice Broking | TradePlus | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
Choice Broking Vs TradePlus - Brokerage charges & Plans
| Choice Broking | TradePlus | |
|---|---|---|
| Commodity Futures | 0.02% | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.02% | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.2% | ₹0 (Free) |
| Equity Options | ₹25/Lot | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹50/Lot | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.02% | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/Lot | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | 0.02% | 0.01% |
| Equity Intraday | 0.02% | 0.01% |
Choice Broking Vs TradePlus - Other Charges
| Choice Broking | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | ₹1500 + GST for a month |
| Call & Trade Charges | ₹0 (Free) | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹25/Lot | 0.01% |
| Minimum Brokerage | 0.02% | 0.01% |
Choice Broking Vs TradePlus - Transaction Charges
| Choice Broking | TradePlus | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.037% | BSE: 0.00025% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: NSE: 0.002% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00335% | BSE:0.00375% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.0505% | BSE:0.00375% |
| 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% | NSE: 0.0026% | BSE:0.0014% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.00095% | BSE: 0.00022% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00375% | BSE:0.00335% |
Choice Broking Vs TradePlus - Margin (Exposure)
| Choice Broking | TradePlus | |
|---|---|---|
| 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 TradePlus - Features
| Choice Broking | TradePlus | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs TradePlus - Review & Rating
| Choice Broking | TradePlus | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs TradePlus - Request a call back from Broker
| Choice Broking | TradePlus | |
|---|---|---|
Choice Broking Vs TradePlus - Investment Options
| Choice Broking | TradePlus | |
|---|---|---|
| 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 TradePlus - Order Type
| Choice Broking | TradePlus | |
|---|---|---|
| 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 TradePlus - Research & Report
| Choice Broking | TradePlus | |
|---|---|---|
| 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 TradePlus - Daily Market Report
| Choice Broking | TradePlus | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs TradePlus - Suitable For Investor
| Choice Broking | TradePlus | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs TradePlus - Pros & Cons
| Choice Broking | TradePlus | |
|---|---|---|
| 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. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources |
| 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. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services |
Choice Broking Vs TradePlus - Background
| Choice Broking | TradePlus | |
|---|---|---|
Choice Broking Vs TradePlus - Compare All Brokers
| Choice Broking | TradePlus | |
|---|---|---|
Choice Broking Vs TradePlus - STT/CTT
| Choice Broking | TradePlus | |
|---|---|---|
| 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 TradePlus - Demat transaction charges
| Choice Broking | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹50+ Gst per scrip only on sell |
Choice Broking Vs TradePlus - GST
| Choice Broking | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charges) |
Choice Broking Vs TradePlus - SEBI Charges
| Choice Broking | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs TradePlus - Account Opening & AMC Charges
Choice Broking
TradePlus
Trading Account Opening Charge
₹0 (Free)
₹99* per month (This charge depends on the plan)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹99* per month (This charge depends on the plan)
Choice Broking Vs TradePlus
| Choice Broking | TradePlus | |
|---|---|---|
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 "+ TradePlus |
TradePlus Online Review 2024 |
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TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs TradePlus - Brokerage charges & Plans
| Choice Broking | TradePlus | |
|---|---|---|
| Commodity Futures | 0.02% | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.02% | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.2% | ₹0 (Free) |
| Equity Options | ₹25/Lot | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹50/Lot | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.02% | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/Lot | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | 0.02% | 0.01% |
| Equity Intraday | 0.02% | 0.01% |
Choice Broking Vs TradePlus - Margin (Exposure)
| Choice Broking | TradePlus | |
|---|---|---|
| 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 TradePlus - Other Charges
| Choice Broking | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | ₹1500 + GST for a month |
| Call & Trade Charges | ₹0 (Free) | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹25/Lot | 0.01% |
| Minimum Brokerage | 0.02% | 0.01% |
Choice Broking Vs TradePlus - STT/CTT
| Choice Broking | TradePlus | |
|---|---|---|
| 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 TradePlus - Demat transaction charges
| Choice Broking | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹50+ Gst per scrip only on sell |
Choice Broking Vs TradePlus - GST
| Choice Broking | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charges) |
Choice Broking Vs TradePlus - SEBI Charges
| Choice Broking | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs TradePlus - Features
| Choice Broking | TradePlus | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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