Choice Broking Vs Yes 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.
Choice Broking Vs Yes Securities - Broker Details
| Choice Broking | Yes Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2013 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE, MCX, NCDEX |
| Branches | 50+ | 50 |
| Brokerage | 0.02% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs Yes Securities - Account Opening & AMC Charges
| Choice Broking | Yes Securities | |
|---|---|---|
| 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 per Year |
| Trading Account AMC | ₹0 (Free) | N/A |
Choice Broking Vs Yes Securities - Brokerage charges & Plans
| Choice Broking | Yes Securities | |
|---|---|---|
| Commodity Futures | 0.02% | Yes First- 0.03% per order | Yes Premia-0.04% per order | Invest Value Plan-0.05% per order |
| Currency Futures | 0.02% | Yes First- ₹75 per lot | Yes Premia- ₹75 per lot | Invest Value Plan-₹75 per lot |
| Equity Delivery | 0.2% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.45% per order |
| Equity Options | ₹25/Lot | Yes First- ₹75 per lot | Yes Premia- ₹75 per lot | Invest Value Plan-₹75 per lot |
| Commodity Options | ₹50/Lot | Yes First- ₹125 per lot| Yes Premia- ₹125 per lot| Invest Value Plan-₹125 per lot |
| Equity Futures | 0.02% | Yes First- 0.03% per order| Yes Premia- 0.04% per order |Invest Value Plan-0.05% per order |
| Currency Options | ₹20/Lot | Yes First- ₹75 per lot | Yes Premia- ₹75 per lot | Invest Value Plan-₹75 per lot |
| Fixed Charges | 0.02% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
| Equity Intraday | 0.02% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
Choice Broking Vs Yes Securities - Other Charges
| Choice Broking | Yes Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
| Minimum Brokerage | 0.02% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
Choice Broking Vs Yes Securities - Transaction Charges
| Choice Broking | Yes Securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.0435% (on premium) |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.002% |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.00325% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 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% | 0.0030% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.00125% |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.00325% |
Choice Broking Vs Yes Securities - Margin (Exposure)
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Choice Broking Vs Yes Securities - Features
| Choice Broking | Yes 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. Yes Invest, 2. Yes Stock Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Yes Securities - Review & Rating
| Choice Broking | Yes Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Yes Securities - Request a call back from Broker
| Choice Broking | Yes Securities | |
|---|---|---|
Choice Broking Vs Yes Securities - Investment Options
| Choice Broking | Yes Securities | |
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| 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 Yes Securities - Order Type
| Choice Broking | Yes Securities | |
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| 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 Yes Securities - Research & Report
| Choice Broking | Yes Securities | |
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| 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 Yes Securities - Daily Market Report
| Choice Broking | Yes Securities | |
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| Daily Market Reports & News |
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Choice Broking Vs Yes Securities - Suitable For Investor
| Choice Broking | Yes Securities | |
|---|---|---|
| Casual Investor |
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Yes |
| Active Investor |
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| Trader |
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Choice Broking Vs Yes Securities - Pros & Cons
| Choice Broking | Yes 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.It charges low brokerage. 2.Well-established brokerage firm 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.Experienced team of professionals. 6. Market and historical data available. |
| 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 physical branch presence. 2.The call and trade are present at an additional fee of ₹20 per executed order. 3.It does not have physical existence i.e. branches and relationship managers to deal with customers on advance level. 4.Platform complexity for beginners. |
Choice Broking Vs Yes Securities - Background
| Choice Broking | Yes Securities | |
|---|---|---|
Choice Broking Vs Yes Securities - Compare All Brokers
| Choice Broking | Yes Securities | |
|---|---|---|
Choice Broking Vs Yes Securities - STT/CTT
| Choice Broking | Yes 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 buy & 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 Yes Securities - Demat transaction charges
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹25 + GST per scrip only on sell |
Choice Broking Vs Yes Securities - GST
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Yes Securities - SEBI Charges
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Yes Securities - Account Opening & AMC Charges
Choice Broking
Yes Securities
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 per Year
Trading Account AMC
₹0 (Free)
N/A
Choice Broking Vs Yes Securities
| Choice Broking | Yes 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 "+ Yes Securities |
Yes Securities Account Opening Process, Charges, and Document Details |
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Yes Securities
Choice Broking Vs Yes Securities - Brokerage charges & Plans
| Choice Broking | Yes Securities | |
|---|---|---|
| Commodity Futures | 0.02% | Yes First- 0.03% per order | Yes Premia-0.04% per order | Invest Value Plan-0.05% per order |
| Currency Futures | 0.02% | Yes First- ₹75 per lot | Yes Premia- ₹75 per lot | Invest Value Plan-₹75 per lot |
| Equity Delivery | 0.2% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.45% per order |
| Equity Options | ₹25/Lot | Yes First- ₹75 per lot | Yes Premia- ₹75 per lot | Invest Value Plan-₹75 per lot |
| Commodity Options | ₹50/Lot | Yes First- ₹125 per lot| Yes Premia- ₹125 per lot| Invest Value Plan-₹125 per lot |
| Equity Futures | 0.02% | Yes First- 0.03% per order| Yes Premia- 0.04% per order |Invest Value Plan-0.05% per order |
| Currency Options | ₹20/Lot | Yes First- ₹75 per lot | Yes Premia- ₹75 per lot | Invest Value Plan-₹75 per lot |
| Fixed Charges | 0.02% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
| Equity Intraday | 0.02% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
Choice Broking Vs Yes Securities - Margin (Exposure)
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Choice Broking Vs Yes Securities - Other Charges
| Choice Broking | Yes Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
| Minimum Brokerage | 0.02% | Yes First- 0.30% per order| Yes Premia- 0.40% per order| Invest Value Plan-0.05% per order |
Choice Broking Vs Yes Securities - STT/CTT
| Choice Broking | Yes 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 buy & 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 Yes Securities - Demat transaction charges
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹25 + GST per scrip only on sell |
Choice Broking Vs Yes Securities - GST
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Yes Securities - SEBI Charges
| Choice Broking | Yes Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Yes Securities - Features
| Choice Broking | Yes Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| 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. Yes Invest, 2. Yes Stock Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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