NVS Group Vs Choice Broking
NVS Group
NVS Group 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.
NVS Group Vs Choice Broking - Broker Details
| NVS Group | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1991 | 2010 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
NVS Group Vs Choice Broking - Account Opening & AMC Charges
| NVS Group | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹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) |
NVS Group Vs Choice Broking - Brokerage charges & Plans
| NVS Group | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% | 0.02% |
| Equity Delivery | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.40% | Upto 20 Lac- 0.30% | Above 20 Lac- 0.25% | 0.2% |
| Equity Options | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot | ₹25/Lot |
| Commodity Options | N/A | ₹50/Lot |
| Equity Futures | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% | 0.02% |
| Currency Options | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot | ₹20/Lot |
| Fixed Charges | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% | 0.02% |
| Equity Intraday | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% | 0.02% |
NVS Group Vs Choice Broking - Other Charges
| NVS Group | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹25/Lot |
| Minimum Brokerage | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% | 0.02% |
NVS Group Vs Choice Broking - Transaction Charges
| NVS Group | Choice Broking | |
|---|---|---|
| Currency Options | NSE: 0.053% (on premium) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: 0.002% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE/BSE:- 0.00345% |
| Equity Options | NSE: 0.053% (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: 0.002% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE/BSE:- 0.00345% |
NVS Group Vs Choice Broking - Margin (Exposure)
| NVS Group | 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) |
NVS Group Vs Choice Broking - Features
| NVS Group | 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. NVS In-Wallet Mobile App 2. NVS In-Wallet 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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NVS Group Vs Choice Broking - Review & Rating
| NVS Group | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
NVS Group Vs Choice Broking - Request a call back from Broker
| NVS Group | Choice Broking | |
|---|---|---|
NVS Group Vs Choice Broking - Investment Options
| NVS Group | 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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NVS Group Vs Choice Broking - Order Type
| NVS Group | 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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NVS Group Vs Choice Broking - Research & Report
| NVS Group | 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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NVS Group Vs Choice Broking - Daily Market Report
| NVS Group | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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NVS Group Vs Choice Broking - Suitable For Investor
| NVS Group | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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NVS Group Vs Choice Broking - Pros & Cons
| NVS Group | Choice Broking | |
|---|---|---|
| Pros | 1. user-friendly trading platform 2. It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4. Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. | 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. Non availability of 3-in-1 account 2. Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5.NVS offers such services, which are advantageous for investors looking for expert insights. | 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. |
NVS Group Vs Choice Broking - Background
| NVS Group | Choice Broking | |
|---|---|---|
NVS Group Vs Choice Broking - Compare All Brokers
| NVS Group | Choice Broking | |
|---|---|---|
NVS Group Vs Choice Broking - STT/CTT
| NVS Group | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
NVS Group Vs Choice Broking - Demat transaction charges
| NVS Group | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | ₹10 + GST per scrip only on sell |
NVS Group Vs Choice Broking - GST
| NVS Group | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
NVS Group Vs Choice Broking - SEBI Charges
| NVS Group | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
NVS Group Vs Choice Broking - Account Opening & AMC Charges
NVS Group
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹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)
NVS Group Vs Choice Broking
| NVS Group | Choice Broking | |
|---|---|---|
NVS Group Account Opening Charges and Process |
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.
NVS Group Vs Choice Broking - Brokerage charges & Plans
| NVS Group | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% | 0.02% |
| Equity Delivery | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.40% | Upto 20 Lac- 0.30% | Above 20 Lac- 0.25% | 0.2% |
| Equity Options | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot | ₹25/Lot |
| Commodity Options | N/A | ₹50/Lot |
| Equity Futures | Upto 1 Lac- 0.50% | Upto 5 Lac- 0.05% | Upto 20 Lac- 0.05% | Above 20 Lac- 0.05% | 0.02% |
| Currency Options | Upto 1 Lac- Rs.50 per lot | Upto 5 Lac- Rs.50 per lot | Upto 20 Lac- Rs.50 per lot | Above 20 Lac- Rs.50 per lot | ₹20/Lot |
| Fixed Charges | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% | 0.02% |
| Equity Intraday | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% | 0.02% |
NVS Group Vs Choice Broking - Margin (Exposure)
| NVS Group | 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) |
NVS Group Vs Choice Broking - Other Charges
| NVS Group | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹25/Lot |
| Minimum Brokerage | Upto 1 Lac- 0.10% | Upto 5 Lac- 0.10% | Upto 20 Lac- 0.10% | Above 20 Lac- 0.15% | 0.02% |
NVS Group Vs Choice Broking - STT/CTT
| NVS Group | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
NVS Group Vs Choice Broking - Demat transaction charges
| NVS Group | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | ₹10 + GST per scrip only on sell |
NVS Group Vs Choice Broking - GST
| NVS Group | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
NVS Group Vs Choice Broking - SEBI Charges
| NVS Group | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
NVS Group Vs Choice Broking - Features
| NVS Group | 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. NVS In-Wallet Mobile App 2. NVS In-Wallet 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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