Finvasia Vs Choice Broking
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
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.
Finvasia Vs Choice Broking - Broker Details
| Finvasia | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | Zero | 50+ |
| Brokerage | ₹0 (Free) | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Finvasia Vs Choice Broking - Account Opening & AMC Charges
| Finvasia | 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) |
| Call Back Open Account |
Finvasia Vs Choice Broking - Brokerage charges & Plans
| Finvasia | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.02% |
| Currency Futures | ₹0 (Free) | 0.02% |
| Equity Delivery | ₹0 (Free) | 0.2% |
| Equity Options | ₹0 (Free) | ₹25/Lot |
| Commodity Options | ₹0 (Free) | ₹50/Lot |
| Equity Futures | ₹0 (Free) | 0.02% |
| Currency Options | ₹0 (Free) | ₹20/Lot |
| Fixed Charges | ₹0 (Free) | 0.02% |
| Equity Intraday | ₹0 (Free) | 0.02% |
| Call Back Open Account |
Finvasia Vs Choice Broking - Other Charges
| Finvasia | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹25/Lot |
| Minimum Brokerage | ₹0 (Free) | 0.02% |
| Call Back Open Account |
Finvasia Vs Choice Broking - Transaction Charges
| Finvasia | Choice Broking | |
|---|---|---|
| Currency Options | ₹4000/Cr of premium | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | ₹325/Cr | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | ₹325/Cr | NSE/BSE:- 0.00345% |
| Equity Options | ₹5000/Cr | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | ₹260/Cr | 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 | ₹115/Cr | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | ₹325/Cr | NSE/BSE:- 0.00345% |
| Call Back Open Account |
Finvasia Vs Choice Broking - Margin (Exposure)
| Finvasia | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Finvasia Vs Choice Broking - Features
| Finvasia | 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 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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| Call Back Open Account |
Finvasia Vs Choice Broking - Review & Rating
| Finvasia | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finvasia Vs Choice Broking - Request a call back from Broker
| Finvasia | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Choice Broking - Investment Options
| Finvasia | 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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| Call Back Open Account |
Finvasia Vs Choice Broking - Order Type
| Finvasia | 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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| Call Back Open Account |
Finvasia Vs Choice Broking - Research & Report
| Finvasia | 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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| Call Back Open Account |
Finvasia Vs Choice Broking - Daily Market Report
| Finvasia | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Finvasia Vs Choice Broking - Suitable For Investor
| Finvasia | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Finvasia Vs Choice Broking - Pros & Cons
| Finvasia | Choice Broking | |
|---|---|---|
| Pros | 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. | 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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. | 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. |
| Call Back Open Account |
Finvasia Vs Choice Broking - Background
| Finvasia | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Choice Broking - Compare All Brokers
| Finvasia | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Choice Broking - STT/CTT
| Finvasia | 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 |
| Call Back Open Account |
Finvasia Vs Choice Broking - Demat transaction charges
| Finvasia | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Finvasia Vs Choice Broking - GST
| Finvasia | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
| Call Back Open Account |
Finvasia Vs Choice Broking - SEBI Charges
| Finvasia | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Finvasia Vs Choice Broking - Account Opening & AMC Charges
Finvasia
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)
Finvasia Vs Choice Broking
| Finvasia | Choice Broking | |
|---|---|---|
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. + " Vs "+ Choice Broking |
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.
Finvasia Vs Choice Broking - Brokerage charges & Plans
| Finvasia | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.02% |
| Currency Futures | ₹0 (Free) | 0.02% |
| Equity Delivery | ₹0 (Free) | 0.2% |
| Equity Options | ₹0 (Free) | ₹25/Lot |
| Commodity Options | ₹0 (Free) | ₹50/Lot |
| Equity Futures | ₹0 (Free) | 0.02% |
| Currency Options | ₹0 (Free) | ₹20/Lot |
| Fixed Charges | ₹0 (Free) | 0.02% |
| Equity Intraday | ₹0 (Free) | 0.02% |
| Call Back Open Account |
Finvasia Vs Choice Broking - Margin (Exposure)
| Finvasia | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Finvasia Vs Choice Broking - Other Charges
| Finvasia | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹25/Lot |
| Minimum Brokerage | ₹0 (Free) | 0.02% |
| Call Back Open Account |
Finvasia Vs Choice Broking - STT/CTT
| Finvasia | 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 |
| Call Back Open Account |
Finvasia Vs Choice Broking - Demat transaction charges
| Finvasia | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Finvasia Vs Choice Broking - GST
| Finvasia | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
| Call Back Open Account |
Finvasia Vs Choice Broking - SEBI Charges
| Finvasia | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Finvasia Vs Choice Broking - Features
| Finvasia | 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 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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| Call Back Open Account |