Motisons Shares Vs Choice Broking
Motisons Shares
Motisons Shares Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI accounts, Branches, and 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.
Motisons Shares Vs Choice Broking - Broker Details
| Motisons Shares | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1997 | 2010 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | Upto 2.5% | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Motisons Shares Vs Choice Broking - Account Opening & AMC Charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 + GST per year | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | NA | ₹0 (Free) |
Motisons Shares Vs Choice Broking - Brokerage charges & Plans
| Motisons Shares | Choice Broking | |
|---|---|---|
| Commodity Futures | Upto 2.5% | 0.02% |
| Currency Futures | Upto 2.5% | 0.02% |
| Equity Delivery | Upto 2.5% | 0.2% |
| Equity Options | Upto 2.5% | ₹25/Lot |
| Commodity Options | Upto 2.5% | ₹50/Lot |
| Equity Futures | Upto 2.5% | 0.02% |
| Currency Options | Upto 2.5% | ₹20/Lot |
| Fixed Charges | Upto 2.5% | 0.02% |
| Equity Intraday | Upto 2.5% | 0.02% |
Motisons Shares Vs Choice Broking - Other Charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | Upto 2.5% | ₹25/Lot |
| Minimum Brokerage | Upto 2.5% | 0.02% |
Motisons Shares Vs Choice Broking - Transaction Charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE/BSE:- 0.00345% |
| Equity Options | NSE: 0.053% on Premium value | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 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: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE/BSE:- 0.00345% |
Motisons Shares Vs Choice Broking - Margin (Exposure)
| Motisons Shares | 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) | 1x (100% of NRML margin (Span + Exposure) |
Motisons Shares Vs Choice Broking - Features
| Motisons Shares | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 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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Motisons Shares Vs Choice Broking - Review & Rating
| Motisons Shares | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Motisons Shares Vs Choice Broking - Request a call back from Broker
| Motisons Shares | Choice Broking | |
|---|---|---|
Motisons Shares Vs Choice Broking - Investment Options
| Motisons Shares | Choice Broking | |
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| 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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Motisons Shares Vs Choice Broking - Order Type
| Motisons Shares | 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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Motisons Shares Vs Choice Broking - Research & Report
| Motisons Shares | 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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Motisons Shares Vs Choice Broking - Daily Market Report
| Motisons Shares | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Motisons Shares Vs Choice Broking - Suitable For Investor
| Motisons Shares | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Motisons Shares Vs Choice Broking - Pros & Cons
| Motisons Shares | Choice Broking | |
|---|---|---|
| Pros | 1. User-friendly interface 2. Wide range of investment options 3. Competitive brokerage rates 4. Research and analysis tools 5. Seamless trading experience 6. Strong customer support 7. Advanced trading platforms. | 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 market access 2. High fees for certain services 3. Lack of personalized investment advice 4. Limited customer support options 5. Possible technical glitches or system downtime 6. Potential for delays in order execution 7. Limited availability of certain investment products or asset classes 8. Relatively smaller user base compared to larger brokerage firms. | 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. |
Motisons Shares Vs Choice Broking - Background
| Motisons Shares | Choice Broking | |
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Motisons Shares Vs Choice Broking - Compare All Brokers
| Motisons Shares | Choice Broking | |
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Motisons Shares Vs Choice Broking - STT/CTT
| Motisons Shares | 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 |
Motisons Shares Vs Choice Broking - Demat transaction charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | ₹10 + GST per scrip only on sell |
Motisons Shares Vs Choice Broking - GST
| Motisons Shares | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Motisons Shares Vs Choice Broking - SEBI Charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Motisons Shares Vs Choice Broking - Account Opening & AMC Charges
Motisons Shares
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 + GST per year
₹200+GST ( 2nd Year onwards)
Trading Account AMC
NA
₹0 (Free)
Motisons Shares Vs Choice Broking
| Motisons Shares | Choice Broking | |
|---|---|---|
Motisons Shares Account Opening Process and Required Documents |
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.
Motisons Shares Vs Choice Broking - Brokerage charges & Plans
| Motisons Shares | Choice Broking | |
|---|---|---|
| Commodity Futures | Upto 2.5% | 0.02% |
| Currency Futures | Upto 2.5% | 0.02% |
| Equity Delivery | Upto 2.5% | 0.2% |
| Equity Options | Upto 2.5% | ₹25/Lot |
| Commodity Options | Upto 2.5% | ₹50/Lot |
| Equity Futures | Upto 2.5% | 0.02% |
| Currency Options | Upto 2.5% | ₹20/Lot |
| Fixed Charges | Upto 2.5% | 0.02% |
| Equity Intraday | Upto 2.5% | 0.02% |
Motisons Shares Vs Choice Broking - Margin (Exposure)
| Motisons Shares | 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) | 1x (100% of NRML margin (Span + Exposure) |
Motisons Shares Vs Choice Broking - Other Charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | Upto 2.5% | ₹25/Lot |
| Minimum Brokerage | Upto 2.5% | 0.02% |
Motisons Shares Vs Choice Broking - STT/CTT
| Motisons Shares | 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 |
Motisons Shares Vs Choice Broking - Demat transaction charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | ₹10 + GST per scrip only on sell |
Motisons Shares Vs Choice Broking - GST
| Motisons Shares | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Motisons Shares Vs Choice Broking - SEBI Charges
| Motisons Shares | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Motisons Shares Vs Choice Broking - Features
| Motisons Shares | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 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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