Gainn Fintech Vs Choice Broking
Gainn Fintech
Gainn Fintech 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.
Gainn Fintech Vs Choice Broking - Broker Details
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2021 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Gainn Fintech Vs Choice Broking - Account Opening & AMC Charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | N/A | ₹0 (Free) |
Gainn Fintech Vs Choice Broking - Brokerage charges & Plans
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Commodity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Currency Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Equity Delivery | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.2% |
| Equity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹25/Lot |
| Commodity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹50/Lot |
| Equity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Currency Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/Lot |
| Fixed Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Equity Intraday | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
Gainn Fintech Vs Choice Broking - Other Charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹25/Lot |
| Minimum Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
Gainn Fintech Vs Choice Broking - Transaction Charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE/BSE:- 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 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 | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE/BSE:- 0.00345% |
Gainn Fintech Vs Choice Broking - Margin (Exposure)
| Gainn Fintech | 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) |
Gainn Fintech Vs Choice Broking - Features
| Gainn Fintech | 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 | 1x (100% of Normal margin (Span + Exposure) | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. My Gainn Mobile App, 2. My Gainn Trade Web Portal: | 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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Gainn Fintech Vs Choice Broking - Review & Rating
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Gainn Fintech Vs Choice Broking - Request a call back from Broker
| Gainn Fintech | Choice Broking | |
|---|---|---|
Gainn Fintech Vs Choice Broking - Investment Options
| Gainn Fintech | 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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Gainn Fintech Vs Choice Broking - Order Type
| Gainn Fintech | 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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Gainn Fintech Vs Choice Broking - Research & Report
| Gainn Fintech | 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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Gainn Fintech Vs Choice Broking - Daily Market Report
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Gainn Fintech Vs Choice Broking - Suitable For Investor
| Gainn Fintech | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Gainn Fintech Vs Choice Broking - Pros & Cons
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.Analyzes user data for better financial decision-making. | 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 potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. | 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. |
Gainn Fintech Vs Choice Broking - Background
| Gainn Fintech | Choice Broking | |
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Gainn Fintech Vs Choice Broking - Compare All Brokers
| Gainn Fintech | Choice Broking | |
|---|---|---|
Gainn Fintech Vs Choice Broking - STT/CTT
| Gainn Fintech | 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 | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Gainn Fintech Vs Choice Broking - Demat transaction charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per scrip per day | ₹10 + GST per scrip only on sell |
Gainn Fintech Vs Choice Broking - GST
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Gainn Fintech Vs Choice Broking - SEBI Charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gainn Fintech Vs Choice Broking - Account Opening & AMC Charges
Gainn Fintech
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per Year
₹200+GST ( 2nd Year onwards)
Trading Account AMC
N/A
₹0 (Free)
Gainn Fintech Vs Choice Broking
| Gainn Fintech | Choice Broking | |
|---|---|---|
Gainn Fintech Account Opening Review |
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.
Gainn Fintech Vs Choice Broking - Brokerage charges & Plans
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Commodity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Currency Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Equity Delivery | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.2% |
| Equity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹25/Lot |
| Commodity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹50/Lot |
| Equity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Currency Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/Lot |
| Fixed Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
| Equity Intraday | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
Gainn Fintech Vs Choice Broking - Margin (Exposure)
| Gainn Fintech | 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) |
Gainn Fintech Vs Choice Broking - Other Charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹25/Lot |
| Minimum Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | 0.02% |
Gainn Fintech Vs Choice Broking - STT/CTT
| Gainn Fintech | 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 | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Gainn Fintech Vs Choice Broking - Demat transaction charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per scrip per day | ₹10 + GST per scrip only on sell |
Gainn Fintech Vs Choice Broking - GST
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Gainn Fintech Vs Choice Broking - SEBI Charges
| Gainn Fintech | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gainn Fintech Vs Choice Broking - Features
| Gainn Fintech | 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 | 1x (100% of Normal margin (Span + Exposure) | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. My Gainn Mobile App, 2. My Gainn Trade Web Portal: | 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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