Flattrade Vs Choice Broking
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, 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.
Flattrade Vs Choice Broking - Broker Details
| Flattrade | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2010 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 6 | 50+ |
| Brokerage | ₹0 (Free) | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Flattrade Vs Choice Broking - Account Opening & AMC Charges
| Flattrade | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + GST | ₹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 |
Flattrade Vs Choice Broking - Brokerage charges & Plans
| Flattrade | 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 |
Flattrade Vs Choice Broking - Other Charges
| Flattrade | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹25/Lot |
| Minimum Brokerage | ₹0 (Free) | 0.02% |
| Call Back Open Account |
Flattrade Vs Choice Broking - Transaction Charges
| Flattrade | Choice Broking | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | 0.0020% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE/BSE:- 0.00345% |
| Equity Options | 0.053% (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | 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 : 0.0009% | BSE : 0.00022% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE/BSE:- 0.00345% |
| Call Back Open Account |
Flattrade Vs Choice Broking - Margin (Exposure)
| Flattrade | 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 |
Flattrade Vs Choice Broking - Features
| Flattrade | 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 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 |
Flattrade Vs Choice Broking - Review & Rating
| Flattrade | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Flattrade Vs Choice Broking - Request a call back from Broker
| Flattrade | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Choice Broking - Investment Options
| Flattrade | 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 |
Flattrade Vs Choice Broking - Order Type
| Flattrade | 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 |
Flattrade Vs Choice Broking - Research & Report
| Flattrade | 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 |
Flattrade Vs Choice Broking - Daily Market Report
| Flattrade | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Flattrade Vs Choice Broking - Suitable For Investor
| Flattrade | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Flattrade Vs Choice Broking - Pros & Cons
| Flattrade | Choice Broking | |
|---|---|---|
| Pros | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments | 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. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. | 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 |
Flattrade Vs Choice Broking - Background
| Flattrade | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Choice Broking - Compare All Brokers
| Flattrade | Choice Broking | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Choice Broking - STT/CTT
| Flattrade | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & 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 |
Flattrade Vs Choice Broking - Demat transaction charges
| Flattrade | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Flattrade Vs Choice Broking - GST
| Flattrade | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
| Call Back Open Account |
Flattrade Vs Choice Broking - SEBI Charges
| Flattrade | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Flattrade Vs Choice Broking - Account Opening & AMC Charges
Flattrade
Choice Broking
Trading Account Opening Charge
₹200 + GST
₹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)
Flattrade Vs Choice Broking
| Flattrade | Choice Broking | |
|---|---|---|
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. + " 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.
Flattrade Vs Choice Broking - Brokerage charges & Plans
| Flattrade | 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 |
Flattrade Vs Choice Broking - Margin (Exposure)
| Flattrade | 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 |
Flattrade Vs Choice Broking - Other Charges
| Flattrade | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹25/Lot |
| Minimum Brokerage | ₹0 (Free) | 0.02% |
| Call Back Open Account |
Flattrade Vs Choice Broking - STT/CTT
| Flattrade | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & 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 |
Flattrade Vs Choice Broking - Demat transaction charges
| Flattrade | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Flattrade Vs Choice Broking - GST
| Flattrade | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
| Call Back Open Account |
Flattrade Vs Choice Broking - SEBI Charges
| Flattrade | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Flattrade Vs Choice Broking - Features
| Flattrade | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 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 |