Prostocks Vs Choice Broking
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Prostocks Vs Choice Broking - Broker Details
| Prostocks | Choice Broking | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2016 | 2010 |
| Exchanges | BSE and NSE | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 2 | 50+ |
| Brokerage | ₹15/ Order | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Prostocks Vs Choice Broking - Account Opening & AMC Charges
| Prostocks | 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) |
Prostocks Vs Choice Broking - Brokerage charges & Plans
| Prostocks | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹15/ Order | 0.02% |
| Currency Futures | ₹15/ Order | 0.02% |
| Equity Delivery | ₹0 | 0.2% |
| Equity Options | ₹15/ Order | ₹25/Lot |
| Commodity Options | ₹15/ Order | ₹50/Lot |
| Equity Futures | ₹15/ Order | 0.02% |
| Currency Options | ₹15/ Order | ₹20/Lot |
| Fixed Charges | ₹15/ Order | 0.02% |
| Equity Intraday | ₹15/ Order | 0.02% |
Prostocks Vs Choice Broking - Other Charges
| Prostocks | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹0 (Free) |
| API Charges | ₹1000/Month | - |
| Call & Trade Charges | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹0 (Free) |
| Other Brokerage Charges | ₹15/ Order | ₹25/Lot |
| Minimum Brokerage | ₹15/ Order | 0.02% |
Prostocks Vs Choice Broking - Transaction Charges
| Prostocks | Choice Broking | |
|---|---|---|
| Currency Options | NSE ₹4,000/Cr | BSE ₹100/Cr | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE ₹200/Cr | BSE ₹50/Cr | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹5,300/Cr | BSE ₹2,500/Cr | 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 ₹90/Cr | BSE ₹22/Cr | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr | NSE/BSE:- 0.00345% |
Prostocks Vs Choice Broking - Margin (Exposure)
| Prostocks | 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) |
Prostocks Vs Choice Broking - Features
| Prostocks | 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 & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Prostocks Vs Choice Broking - Review & Rating
| Prostocks | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Prostocks Vs Choice Broking - Request a call back from Broker
| Prostocks | Choice Broking | |
|---|---|---|
Prostocks Vs Choice Broking - Investment Options
| Prostocks | Choice Broking | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Prostocks Vs Choice Broking - Order Type
| Prostocks | Choice Broking | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Prostocks Vs Choice Broking - Research & Report
| Prostocks | Choice Broking | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Prostocks Vs Choice Broking - Daily Market Report
| Prostocks | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
|
|
Prostocks Vs Choice Broking - Suitable For Investor
| Prostocks | Choice Broking | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Prostocks Vs Choice Broking - Pros & Cons
| Prostocks | Choice Broking | |
|---|---|---|
| Pros | 1.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. | 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. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. | 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. |
Prostocks Vs Choice Broking - Background
| Prostocks | Choice Broking | |
|---|---|---|
Prostocks Vs Choice Broking - Compare All Brokers
| Prostocks | Choice Broking | |
|---|---|---|
Prostocks Vs Choice Broking - STT/CTT
| Prostocks | 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 |
Prostocks Vs Choice Broking - Demat transaction charges
| Prostocks | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
Prostocks Vs Choice Broking - GST
| Prostocks | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Prostocks Vs Choice Broking - SEBI Charges
| Prostocks | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Prostocks Vs Choice Broking - Account Opening & AMC Charges
Prostocks
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)
Prostocks Vs Choice Broking
| Prostocks | Choice Broking | |
|---|---|---|
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. + " Vs "+ Choice Broking |
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 .. |
|
|
|
|
|
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.
Prostocks Vs Choice Broking - Brokerage charges & Plans
| Prostocks | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹15/ Order | 0.02% |
| Currency Futures | ₹15/ Order | 0.02% |
| Equity Delivery | ₹0 | 0.2% |
| Equity Options | ₹15/ Order | ₹25/Lot |
| Commodity Options | ₹15/ Order | ₹50/Lot |
| Equity Futures | ₹15/ Order | 0.02% |
| Currency Options | ₹15/ Order | ₹20/Lot |
| Fixed Charges | ₹15/ Order | 0.02% |
| Equity Intraday | ₹15/ Order | 0.02% |
Prostocks Vs Choice Broking - Margin (Exposure)
| Prostocks | 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) |
Prostocks Vs Choice Broking - Other Charges
| Prostocks | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹0 (Free) |
| API Charges | ₹1000/Month | - |
| Call & Trade Charges | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade | ₹0 (Free) |
| Other Brokerage Charges | ₹15/ Order | ₹25/Lot |
| Minimum Brokerage | ₹15/ Order | 0.02% |
Prostocks Vs Choice Broking - STT/CTT
| Prostocks | 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 |
Prostocks Vs Choice Broking - Demat transaction charges
| Prostocks | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
Prostocks Vs Choice Broking - GST
| Prostocks | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Prostocks Vs Choice Broking - SEBI Charges
| Prostocks | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Prostocks Vs Choice Broking - Features
| Prostocks | 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 & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|