Choice Broking Vs Zerodha
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.
Zerodha
Zerodha 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 Zerodha - Broker Details
| Choice Broking | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2010 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX |
| Branches | 50+ | 120+ |
| Brokerage | 0.02% | ₹20/ Order or 0.03% |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Choice Broking Vs Zerodha - Account Opening & AMC Charges
| Choice Broking | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Choice Broking Vs Zerodha - Brokerage charges & Plans
| Choice Broking | Zerodha | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.2% | Zero Brokerage |
| Equity Options | ₹25/Lot | ₹20/ Order |
| Commodity Options | ₹50/Lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.02% | ₹20/Order |
| Equity Intraday | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs Zerodha - Other Charges
| Choice Broking | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | - | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹25/Lot | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.02% | ₹20/ Order |
| Call Back Open Account |
Choice Broking Vs Zerodha - Transaction Charges
| Choice Broking | Zerodha | |
|---|---|---|
| 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: 0.002% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 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% | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| 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: 0.00345% | BSE: 0.00345% |
| Call Back Open Account |
Choice Broking Vs Zerodha - Margin (Exposure)
| Choice Broking | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Choice Broking Vs Zerodha - Features
| Choice Broking | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Choice Broking Vs Zerodha - Review & Rating
| Choice Broking | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs Zerodha - Request a call back from Broker
| Choice Broking | Zerodha | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Zerodha - Investment Options
| Choice Broking | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| Choice Broking | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| Choice Broking | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| Choice Broking | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Choice Broking Vs Zerodha - Suitable For Investor
| Choice Broking | Zerodha | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Choice Broking Vs Zerodha - Pros & Cons
| Choice Broking | Zerodha | |
|---|---|---|
| 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 zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| 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 provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
| Call Back Open Account |
Choice Broking Vs Zerodha - Background
| Choice Broking | Zerodha | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Zerodha - Compare All Brokers
| Choice Broking | Zerodha | |
|---|---|---|
| Call Back Open Account |
Choice Broking Vs Zerodha - STT/CTT
| Choice Broking | Zerodha | |
|---|---|---|
| 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 |
| Call Back Open Account |
Choice Broking Vs Zerodha - Demat transaction charges
| Choice Broking | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account |
Choice Broking Vs Zerodha - GST
| Choice Broking | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account |
Choice Broking Vs Zerodha - SEBI Charges
| Choice Broking | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account |
Choice Broking Vs Zerodha - Account Opening & AMC Charges
Choice Broking
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Zerodha
| Choice Broking | Zerodha | |
|---|---|---|
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 "+ Zerodha |
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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Zerodha
Zerodha 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 Zerodha - Brokerage charges & Plans
| Choice Broking | Zerodha | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.2% | Zero Brokerage |
| Equity Options | ₹25/Lot | ₹20/ Order |
| Commodity Options | ₹50/Lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.02% | ₹20/Order |
| Equity Intraday | 0.02% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs Zerodha - Margin (Exposure)
| Choice Broking | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Choice Broking Vs Zerodha - Other Charges
| Choice Broking | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | - | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹25/Lot | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs Zerodha - STT/CTT
| Choice Broking | Zerodha | |
|---|---|---|
| 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 Zerodha - Demat transaction charges
| Choice Broking | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
Choice Broking Vs Zerodha - GST
| Choice Broking | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Choice Broking Vs Zerodha - SEBI Charges
| Choice Broking | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Choice Broking Vs Zerodha - Features
| Choice Broking | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |