Nirman Broking Vs Choice Broking
Nirman Broking
Nirman Broking 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.
Nirman Broking Vs Choice Broking - Broker Details
| Nirman Broking | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1987 | 2010 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 20 | 50+ |
| Brokerage | ₹20 per executed order or 0.05% | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
Nirman Broking Vs Choice Broking - Account Opening & AMC Charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹360 + GST per year | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | N/A | ₹0 (Free) |
Nirman Broking Vs Choice Broking - Brokerage charges & Plans
| Nirman Broking | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | ₹20 per executed per order or 0.05% | 0.02% |
| Equity Delivery | ₹20 or 2.5% | 0.2% |
| Equity Options | Flat ₹20 per executed per order | ₹25/Lot |
| Commodity Options | Flat ₹20 per executed per order | ₹50/Lot |
| Equity Futures | ₹20 per executed order or 0.05% | 0.02% |
| Currency Options | Flat ₹20 per executed per order | ₹20/Lot |
| Fixed Charges | ₹20 per executed order or 0.05% | 0.02% |
| Equity Intraday | ₹20 per executed order or 0.05% | 0.02% |
Nirman Broking Vs Choice Broking - Other Charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | ₹25/Lot |
| Minimum Brokerage | ₹20 per executed order or 0.05% | 0.02% |
Nirman Broking Vs Choice Broking - Transaction Charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | N/A | 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 ₹120/Cr (0.0012%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | NSE/BSE:- 0.00345% |
Nirman Broking Vs Choice Broking - Margin (Exposure)
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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) |
Nirman Broking Vs Choice Broking - Features
| Nirman Broking | 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop 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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Nirman Broking Vs Choice Broking - Review & Rating
| Nirman Broking | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Nirman Broking Vs Choice Broking - Request a call back from Broker
| Nirman Broking | Choice Broking | |
|---|---|---|
Nirman Broking Vs Choice Broking - Investment Options
| Nirman Broking | 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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Nirman Broking Vs Choice Broking - Order Type
| Nirman Broking | 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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Nirman Broking Vs Choice Broking - Research & Report
| Nirman Broking | 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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Nirman Broking Vs Choice Broking - Daily Market Report
| Nirman Broking | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Nirman Broking Vs Choice Broking - Suitable For Investor
| Nirman Broking | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Nirman Broking Vs Choice Broking - Pros & Cons
| Nirman Broking | Choice Broking | |
|---|---|---|
| Pros | 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing | 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. Technology Issues 3. Dependency on market conditions and economic factors, | 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. |
Nirman Broking Vs Choice Broking - Background
| Nirman Broking | Choice Broking | |
|---|---|---|
Nirman Broking Vs Choice Broking - Compare All Brokers
| Nirman Broking | Choice Broking | |
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Nirman Broking Vs Choice Broking - STT/CTT
| Nirman Broking | 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 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 |
Nirman Broking Vs Choice Broking - Demat transaction charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Nirman Broking Vs Choice Broking - GST
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Nirman Broking Vs Choice Broking - SEBI Charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs Choice Broking - Account Opening & AMC Charges
Nirman Broking
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360 + GST per year
₹200+GST ( 2nd Year onwards)
Trading Account AMC
N/A
₹0 (Free)
Nirman Broking Vs Choice Broking
| Nirman Broking | Choice Broking | |
|---|---|---|
Nirman Broking Account Opening Process and Charges |
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.
Nirman Broking Vs Choice Broking - Brokerage charges & Plans
| Nirman Broking | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | ₹20 per executed per order or 0.05% | 0.02% |
| Equity Delivery | ₹20 or 2.5% | 0.2% |
| Equity Options | Flat ₹20 per executed per order | ₹25/Lot |
| Commodity Options | Flat ₹20 per executed per order | ₹50/Lot |
| Equity Futures | ₹20 per executed order or 0.05% | 0.02% |
| Currency Options | Flat ₹20 per executed per order | ₹20/Lot |
| Fixed Charges | ₹20 per executed order or 0.05% | 0.02% |
| Equity Intraday | ₹20 per executed order or 0.05% | 0.02% |
Nirman Broking Vs Choice Broking - Margin (Exposure)
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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) |
Nirman Broking Vs Choice Broking - Other Charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | ₹25/Lot |
| Minimum Brokerage | ₹20 per executed order or 0.05% | 0.02% |
Nirman Broking Vs Choice Broking - STT/CTT
| Nirman Broking | 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 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 |
Nirman Broking Vs Choice Broking - Demat transaction charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Nirman Broking Vs Choice Broking - GST
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Nirman Broking Vs Choice Broking - SEBI Charges
| Nirman Broking | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs Choice Broking - Features
| Nirman Broking | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop 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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