STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (RMoney VS Choice Broking)

 
 

RMoney Vs Choice Broking

RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, 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.

RMoney Vs Choice Broking - Broker Details

RMoney Choice Broking
Single Margin Facility
Year of Incorporation 2004 2010
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX, NCDEX, and ICEX.
Branches 300+ 50+
Brokerage ₹9/Order 0.02%
Broker Type Full Service Broker Full service Broker

RMoney Vs Choice Broking - Account Opening & AMC Charges

RMoney Choice Broking
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹299( From 2nd year onwards) ₹200+GST ( 2nd Year onwards)
Trading Account AMC ₹0 (Free) ₹0 (Free)

RMoney Vs Choice Broking - Brokerage charges & Plans

RMoney Choice Broking
Commodity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Currency Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Equity Delivery ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.2%
Equity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹25/Lot
Commodity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹50/Lot
Equity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Currency Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹20/Lot
Fixed Charges ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Equity Intraday ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%

RMoney Vs Choice Broking - Other Charges

RMoney Choice Broking
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹1500/Monthly -
Call & Trade Charges ₹18/Order ₹0 (Free)
Other Brokerage Charges ₹9/Order ₹25/Lot
Minimum Brokerage ₹9/Order 0.02%

RMoney Vs Choice Broking - Transaction Charges

RMoney Choice Broking
Currency Options NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Futures NSE ₹260/Cr | BSE ₹70/Cr (0.007%) NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005%
Equity Intraday NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) NSE/BSE:- 0.00345%
Equity Options NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002%
Commodity MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) 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 ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Delivery NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) NSE/BSE:- 0.00345%

RMoney Vs Choice Broking - Margin (Exposure)

RMoney 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)

RMoney Vs Choice Broking - Features

RMoney 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:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

RMoney Vs Choice Broking - Review & Rating

RMoney Choice Broking
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

RMoney Vs Choice Broking - Request a call back from Broker

RMoney Choice Broking

RMoney Vs Choice Broking - Investment Options

RMoney Choice Broking
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

RMoney Vs Choice Broking - Order Type

RMoney 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

RMoney Vs Choice Broking - Research & Report

RMoney Choice Broking
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

RMoney Vs Choice Broking - Daily Market Report

RMoney Choice Broking
Daily Market Reports & News

RMoney Vs Choice Broking - Suitable For Investor

RMoney Choice Broking
Casual Investor
Active Investor
Trader

RMoney Vs Choice Broking - Pros & Cons

RMoney Choice Broking
Pros 1.Single platform for all your financial needs. 2. Trade at a low brokerage of Rs.9/- per executed order irrespective of the trade size across segments (Equity, F&O, and Currencies) 3.You can trade at BSE, NSE, MCX, and NCDEX 4.First year Demat AMC is free for all its account holders 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.RMoney Demat debit transaction charges are ₹12 + gst per script. Most other discount brokers charge flat ₹8 per transaction. 2.Its not provide 3 in 1 account. 3. It charges Annual Maintenance Charge. 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.

RMoney Vs Choice Broking - Background

RMoney Choice Broking

RMoney Vs Choice Broking - Compare All Brokers

RMoney Choice Broking

RMoney Vs Choice Broking - STT/CTT

RMoney 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

RMoney Vs Choice Broking - Demat transaction charges

RMoney Choice Broking
Equity Demat Transaction Charges ₹20 + GST per scrip only on sell ₹10 + GST per scrip only on sell

RMoney Vs Choice Broking - GST

RMoney Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charges + Clearing Charges)

RMoney Vs Choice Broking - SEBI Charges

RMoney Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

RMoney Vs Choice Broking - Account Opening & AMC Charges

RMoney
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹299( From 2nd year onwards)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

RMoney Vs Choice Broking

RMoney Choice Broking
 

Raghunandan Money (RMoney) Review

‘Investment Khushiyon Ka’ is a tagline of Raghunandan Money (RMoney) signifies that customer’s progress and happiness is the top most priority of the company. This is a very diversified broker offers a wide range of investment options to choose. RMoney acts as a mediator between the customer and ..
+ " Vs "+ Choice Broking

Choice Broking Review | Brokerage Charges, Account Opening


Choice 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.

RMoney Vs Choice Broking - Brokerage charges & Plans

RMoney Choice Broking
Commodity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Currency Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Equity Delivery ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.2%
Equity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹25/Lot
Commodity Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹50/Lot
Equity Futures ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Currency Options ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) ₹20/Lot
Fixed Charges ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%
Equity Intraday ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) 0.02%

RMoney Vs Choice Broking - Margin (Exposure)

RMoney 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)

RMoney Vs Choice Broking - Other Charges

RMoney Choice Broking
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges ₹1500/Monthly -
Call & Trade Charges ₹18/Order ₹0 (Free)
Other Brokerage Charges ₹9/Order ₹25/Lot
Minimum Brokerage ₹9/Order 0.02%

RMoney Vs Choice Broking - STT/CTT

RMoney 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

RMoney Vs Choice Broking - Demat transaction charges

RMoney Choice Broking
Equity Demat Transaction Charges ₹20 + GST per scrip only on sell ₹10 + GST per scrip only on sell

RMoney Vs Choice Broking - GST

RMoney Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charges + Clearing Charges)

RMoney Vs Choice Broking - SEBI Charges

RMoney Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

RMoney Vs Choice Broking - Features

RMoney 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:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:45 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

RMoney

Choice Broking