Maitra Vs Choice Broking
Maitra
Maitra Commodities 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.
Maitra Vs Choice Broking - Broker Details
| Maitra | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2010 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | ₹5/Lot Or ₹20/Order | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
Maitra Vs Choice Broking - Account Opening & AMC Charges
| Maitra | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Maitra Vs Choice Broking - Brokerage charges & Plans
| Maitra | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.02% |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.02% |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.2% |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹25/Lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹50/Lot |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.02% |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/Lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.02% |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.02% |
Maitra Vs Choice Broking - Other Charges
| Maitra | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹25/Lot |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.02% |
Maitra Vs Choice Broking - Transaction Charges
| Maitra | Choice Broking | |
|---|---|---|
| Currency Options | 0.053% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | 0.0019% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | 0.00325% | NSE/BSE:- 0.00345% |
| Equity Options | 0.05% | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | 0.0026% | 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 | 0.0026% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | 0.00325% | NSE/BSE:- 0.00345% |
Maitra Vs Choice Broking - Margin (Exposure)
| Maitra | 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 (no margin) | 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) |
Maitra Vs Choice Broking - Features
| Maitra | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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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Maitra Vs Choice Broking - Review & Rating
| Maitra | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Maitra Vs Choice Broking - Request a call back from Broker
| Maitra | Choice Broking | |
|---|---|---|
Maitra Vs Choice Broking - Investment Options
| Maitra | 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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Maitra Vs Choice Broking - Order Type
| Maitra | 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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Maitra Vs Choice Broking - Research & Report
| Maitra | 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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Maitra Vs Choice Broking - Daily Market Report
| Maitra | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Maitra Vs Choice Broking - Suitable For Investor
| Maitra | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maitra Vs Choice Broking - Pros & Cons
| Maitra | Choice Broking | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
Maitra Vs Choice Broking - Background
| Maitra | Choice Broking | |
|---|---|---|
Maitra Vs Choice Broking - Compare All Brokers
| Maitra | Choice Broking | |
|---|---|---|
Maitra Vs Choice Broking - STT/CTT
| Maitra | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% | 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% | 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 |
Maitra Vs Choice Broking - Demat transaction charges
| Maitra | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹10 + GST per scrip only on sell |
Maitra Vs Choice Broking - GST
| Maitra | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Maitra Vs Choice Broking - SEBI Charges
| Maitra | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Choice Broking - Account Opening & AMC Charges
Maitra
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Maitra Vs Choice Broking
| Maitra | Choice Broking | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
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.
Maitra Vs Choice Broking - Brokerage charges & Plans
| Maitra | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.02% |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.02% |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.2% |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹25/Lot |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹50/Lot |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.02% |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/Lot |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.02% |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.02% |
Maitra Vs Choice Broking - Margin (Exposure)
| Maitra | 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 (no margin) | 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) |
Maitra Vs Choice Broking - Other Charges
| Maitra | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹25/Lot |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.02% |
Maitra Vs Choice Broking - STT/CTT
| Maitra | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% | 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% | 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 |
Maitra Vs Choice Broking - Demat transaction charges
| Maitra | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹10 + GST per scrip only on sell |
Maitra Vs Choice Broking - GST
| Maitra | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Maitra Vs Choice Broking - SEBI Charges
| Maitra | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Choice Broking - Features
| Maitra | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 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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