Definedge Securities Vs Choice Broking
Definedge 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.
Definedge Securities Vs Choice Broking - Broker Details
| Definedge Securities | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 270 | 50+ |
| Brokerage | ₹18 per executed order | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Definedge Securities Vs Choice Broking - Account Opening & AMC Charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs Choice Broking - Brokerage charges & Plans
| Definedge Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.02% |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.02% |
| Equity Delivery | ₹0 (Free) | 0.2% |
| Equity Options | ₹18 per executed order | ₹25/Lot |
| Commodity Options | ₹18 per executed order | ₹50/Lot |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.02% |
| Currency Options | ₹18 per executed order | ₹20/Lot |
| Fixed Charges | ₹18 per executed order | 0.02% |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.02% |
Definedge Securities Vs Choice Broking - Other Charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹36/- per order | ₹0 (Free) |
| Other Brokerage Charges | ₹18 per executed order | ₹25/Lot |
| Minimum Brokerage | ₹18 per executed order | 0.02% |
Definedge Securities Vs Choice Broking - Transaction Charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 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 | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE/BSE:- 0.00345% |
Definedge Securities Vs Choice Broking - Margin (Exposure)
| Definedge 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) |
Definedge Securities Vs Choice Broking - Features
| Definedge 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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Definedge Securities Vs Choice Broking - Review & Rating
| Definedge Securities | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Definedge Securities Vs Choice Broking - Request a call back from Broker
| Definedge Securities | Choice Broking | |
|---|---|---|
Definedge Securities Vs Choice Broking - Investment Options
| Definedge 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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Definedge Securities Vs Choice Broking - Order Type
| Definedge 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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Definedge Securities Vs Choice Broking - Research & Report
| Definedge 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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Definedge Securities Vs Choice Broking - Daily Market Report
| Definedge Securities | Choice Broking | |
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| Daily Market Reports & News |
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Definedge Securities Vs Choice Broking - Suitable For Investor
| Definedge Securities | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Definedge Securities Vs Choice Broking - Pros & Cons
| Definedge Securities | Choice Broking | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 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. |
Definedge Securities Vs Choice Broking - Background
| Definedge Securities | Choice Broking | |
|---|---|---|
Definedge Securities Vs Choice Broking - Compare All Brokers
| Definedge Securities | Choice Broking | |
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Definedge Securities Vs Choice Broking - STT/CTT
| Definedge 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 | 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 |
Definedge Securities Vs Choice Broking - Demat transaction charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹10 + GST per scrip only on sell |
Definedge Securities Vs Choice Broking - GST
| Definedge Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Definedge Securities Vs Choice Broking - SEBI Charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Choice Broking - Account Opening & AMC Charges
Definedge Securities
Choice Broking
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹300 AMC
₹0 (Free)
Definedge Securities Vs Choice Broking
| Definedge Securities | Choice Broking | |
|---|---|---|
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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.
Definedge Securities Vs Choice Broking - Brokerage charges & Plans
| Definedge Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.02% |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.02% |
| Equity Delivery | ₹0 (Free) | 0.2% |
| Equity Options | ₹18 per executed order | ₹25/Lot |
| Commodity Options | ₹18 per executed order | ₹50/Lot |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.02% |
| Currency Options | ₹18 per executed order | ₹20/Lot |
| Fixed Charges | ₹18 per executed order | 0.02% |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.02% |
Definedge Securities Vs Choice Broking - Margin (Exposure)
| Definedge 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) |
Definedge Securities Vs Choice Broking - Other Charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹36/- per order | ₹0 (Free) |
| Other Brokerage Charges | ₹18 per executed order | ₹25/Lot |
| Minimum Brokerage | ₹18 per executed order | 0.02% |
Definedge Securities Vs Choice Broking - STT/CTT
| Definedge 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 | 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 |
Definedge Securities Vs Choice Broking - Demat transaction charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹10 + GST per scrip only on sell |
Definedge Securities Vs Choice Broking - GST
| Definedge Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Definedge Securities Vs Choice Broking - SEBI Charges
| Definedge Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs Choice Broking - Features
| Definedge Securities | Choice Broking | |
|---|---|---|
| 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:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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