STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (DPTradeKing VS Choice Broking)

 
 

DPTradeKing Vs Choice Broking

DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.


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.

DPTradeKing Vs Choice Broking - Broker Details

DPTradeKing Choice Broking
Single Margin Facility
Year of Incorporation 2016 2010
Exchanges BSE, NSE and MCX NSE, BSE, MCX, NCDEX, and ICEX.
Branches N/A 50+
Brokerage 0.05% per order 0.02%
Broker Type Full Service Broker Full service Broker

DPTradeKing Vs Choice Broking - Account Opening & AMC Charges

DPTradeKing Choice Broking
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹200+GST ( 2nd Year onwards)
Trading Account AMC ₹0 (Free) ₹0 (Free)

DPTradeKing Vs Choice Broking - Brokerage charges & Plans

DPTradeKing Choice Broking
Commodity Futures N/A 0.02%
Currency Futures 0.05% per order 0.02%
Equity Delivery 0.50% per order 0.2%
Equity Options ₹50 per lot ₹25/Lot
Commodity Options N/A ₹50/Lot
Equity Futures 0.05% per order 0.02%
Currency Options ₹50 per lot ₹20/Lot
Fixed Charges 0.05% per order 0.02%
Equity Intraday 0.05% per order 0.02%

DPTradeKing Vs Choice Broking - Other Charges

DPTradeKing Choice Broking
RMS Square Off Charge ( ₹25 + GST) ₹0 (Free)
API Charges ₹0 (Free) -
Call & Trade Charges ( ₹25 + GST) ₹0 (Free)
Other Brokerage Charges 0.05% per order ₹25/Lot
Minimum Brokerage 0.05% per order 0.02%

DPTradeKing Vs Choice Broking - Transaction Charges

DPTradeKing Choice Broking
Currency Options 0.035% of Premium Value in case of Option Segment NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005%
Equity Intraday 0.00345% Of Total Turnover value NSE/BSE:- 0.00345%
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% 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 0.00090% of Total Future Turnover value NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE/BSE:- 0.00345%

DPTradeKing Vs Choice Broking - Margin (Exposure)

DPTradeKing 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)

DPTradeKing Vs Choice Broking - Features

DPTradeKing 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

DPTradeKing Vs Choice Broking - Review & Rating

DPTradeKing Choice Broking
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

DPTradeKing Vs Choice Broking - Request a call back from Broker

DPTradeKing Choice Broking

DPTradeKing Vs Choice Broking - Investment Options

DPTradeKing Choice Broking
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

DPTradeKing Vs Choice Broking - Order Type

DPTradeKing Choice Broking
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

DPTradeKing Vs Choice Broking - Research & Report

DPTradeKing Choice Broking
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

DPTradeKing Vs Choice Broking - Daily Market Report

DPTradeKing Choice Broking
Daily Market Reports & News

DPTradeKing Vs Choice Broking - Suitable For Investor

DPTradeKing Choice Broking
Casual Investor
Active Investor
Trader

DPTradeKing Vs Choice Broking - Pros & Cons

DPTradeKing Choice Broking
Pros 1.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. 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.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 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.

DPTradeKing Vs Choice Broking - Background

DPTradeKing Choice Broking

DPTradeKing Vs Choice Broking - Compare All Brokers

DPTradeKing Choice Broking

DPTradeKing Vs Choice Broking - STT/CTT

DPTradeKing Choice Broking
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

DPTradeKing Vs Choice Broking - Demat transaction charges

DPTradeKing Choice Broking
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) ₹10 + GST per scrip only on sell

DPTradeKing Vs Choice Broking - GST

DPTradeKing Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charges + Clearing Charges)

DPTradeKing Vs Choice Broking - SEBI Charges

DPTradeKing Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

DPTradeKing Vs Choice Broking - Account Opening & AMC Charges

DPTradeKing
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

DPTradeKing Vs Choice Broking

DPTradeKing Choice Broking
 

DPTradeKing Account Opening Process and Charges Details 

Read more..

Choice Broking Review | Brokerage Charges, Account Opening


Choice 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 ..
 
 

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.

DPTradeKing Vs Choice Broking - Brokerage charges & Plans

DPTradeKing Choice Broking
Commodity Futures N/A 0.02%
Currency Futures 0.05% per order 0.02%
Equity Delivery 0.50% per order 0.2%
Equity Options ₹50 per lot ₹25/Lot
Commodity Options N/A ₹50/Lot
Equity Futures 0.05% per order 0.02%
Currency Options ₹50 per lot ₹20/Lot
Fixed Charges 0.05% per order 0.02%
Equity Intraday 0.05% per order 0.02%

DPTradeKing Vs Choice Broking - Margin (Exposure)

DPTradeKing 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)

DPTradeKing Vs Choice Broking - Other Charges

DPTradeKing Choice Broking
RMS Square Off Charge ( ₹25 + GST) ₹0 (Free)
API Charges ₹0 (Free) -
Call & Trade Charges ( ₹25 + GST) ₹0 (Free)
Other Brokerage Charges 0.05% per order ₹25/Lot
Minimum Brokerage 0.05% per order 0.02%

DPTradeKing Vs Choice Broking - STT/CTT

DPTradeKing Choice Broking
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

DPTradeKing Vs Choice Broking - Demat transaction charges

DPTradeKing Choice Broking
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) ₹10 + GST per scrip only on sell

DPTradeKing Vs Choice Broking - GST

DPTradeKing Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charges + Clearing Charges)

DPTradeKing Vs Choice Broking - SEBI Charges

DPTradeKing Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

DPTradeKing Vs Choice Broking - Features

DPTradeKing 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

DPTradeKing

Choice Broking