CIL Securities Vs Choice Broking
CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
CIL Securities Vs Choice Broking - Broker Details
| CIL Securities | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1989 | 2010 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | ₹20 per order | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
CIL Securities Vs Choice Broking - Account Opening & AMC Charges
| CIL Securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 from 2nd Year ( 1st Year Free) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹1000 from 2nd Year ( 1st Year Free) | ₹0 (Free) |
CIL Securities Vs Choice Broking - Brokerage charges & Plans
| CIL Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.02% |
| Currency Futures | ₹20 per order | 0.02% |
| Equity Delivery | ₹20 per order | 0.2% |
| Equity Options | ₹20 per order | ₹25/Lot |
| Commodity Options | ₹20 per order | ₹50/Lot |
| Equity Futures | ₹20 per order | 0.02% |
| Currency Options | ₹20 per order | ₹20/Lot |
| Fixed Charges | ₹20 per order | 0.02% |
| Equity Intraday | ₹20 per order | 0.02% |
CIL Securities Vs Choice Broking - Other Charges
| CIL Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹25/Lot |
| Minimum Brokerage | ₹20 per order | 0.02% |
CIL Securities Vs Choice Broking - Transaction Charges
| CIL Securities | Choice Broking | |
|---|---|---|
| Currency Options | 0.057% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | 0.0032% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | 0.0032% | NSE/BSE:- 0.00345% |
| Equity Options | 0.00323% | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | N/A | 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% |
| Currency Futures | 0.00240% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | 0.0032% | NSE/BSE:- 0.00345% |
CIL Securities Vs Choice Broking - Margin (Exposure)
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
CIL Securities Vs Choice Broking - Features
| CIL Securities | Choice Broking | |
|---|---|---|
| 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 Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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CIL Securities Vs Choice Broking - Review & Rating
| CIL Securities | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
CIL Securities Vs Choice Broking - Request a call back from Broker
| CIL Securities | Choice Broking | |
|---|---|---|
CIL Securities Vs Choice Broking - Investment Options
| CIL Securities | Choice Broking | |
|---|---|---|
| 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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CIL Securities Vs Choice Broking - Order Type
| CIL Securities | Choice Broking | |
|---|---|---|
| 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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CIL Securities Vs Choice Broking - Research & Report
| CIL Securities | Choice Broking | |
|---|---|---|
| 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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CIL Securities Vs Choice Broking - Daily Market Report
| CIL Securities | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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CIL Securities Vs Choice Broking - Suitable For Investor
| CIL Securities | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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CIL Securities Vs Choice Broking - Pros & Cons
| CIL Securities | Choice Broking | |
|---|---|---|
| Pros | 1. Diverse investment options, 2. Access to professional expertise, 3. Potential for higher returns, 4. Liquidity in some securities, 5. Portfolio diversification, 6. Ability to trade on stock exchanges. | 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. |
| Cons | 1. Market volatility and risk, 2. Lack of guaranteed returns, 3. Limited control over individual securities, 4. Not suitable for short-term goals. | 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. |
CIL Securities Vs Choice Broking - Background
| CIL Securities | Choice Broking | |
|---|---|---|
CIL Securities Vs Choice Broking - Compare All Brokers
| CIL Securities | Choice Broking | |
|---|---|---|
CIL Securities Vs Choice Broking - STT/CTT
| CIL Securities | Choice Broking | |
|---|---|---|
| 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 |
CIL Securities Vs Choice Broking - Demat transaction charges
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
CIL Securities Vs Choice Broking - GST
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
CIL Securities Vs Choice Broking - SEBI Charges
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
CIL Securities Vs Choice Broking - Account Opening & AMC Charges
CIL Securities
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 from 2nd Year ( 1st Year Free)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹1000 from 2nd Year ( 1st Year Free)
₹0 (Free)
CIL Securities Vs Choice Broking
| CIL Securities | Choice Broking | |
|---|---|---|
CIL Securities Account Opening Charges and Required Documents Details |
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 .. |
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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.
CIL Securities Vs Choice Broking - Brokerage charges & Plans
| CIL Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.02% |
| Currency Futures | ₹20 per order | 0.02% |
| Equity Delivery | ₹20 per order | 0.2% |
| Equity Options | ₹20 per order | ₹25/Lot |
| Commodity Options | ₹20 per order | ₹50/Lot |
| Equity Futures | ₹20 per order | 0.02% |
| Currency Options | ₹20 per order | ₹20/Lot |
| Fixed Charges | ₹20 per order | 0.02% |
| Equity Intraday | ₹20 per order | 0.02% |
CIL Securities Vs Choice Broking - Margin (Exposure)
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
CIL Securities Vs Choice Broking - Other Charges
| CIL Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹25/Lot |
| Minimum Brokerage | ₹20 per order | 0.02% |
CIL Securities Vs Choice Broking - STT/CTT
| CIL Securities | Choice Broking | |
|---|---|---|
| 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 |
CIL Securities Vs Choice Broking - Demat transaction charges
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
CIL Securities Vs Choice Broking - GST
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
CIL Securities Vs Choice Broking - SEBI Charges
| CIL Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
CIL Securities Vs Choice Broking - Features
| CIL Securities | Choice Broking | |
|---|---|---|
| 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 Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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