SBICAP Securities Vs Choice Broking
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
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.
SBICAP Securities Vs Choice Broking - Broker Details
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1986 | 2010 |
| Exchanges | NSE, BSE | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 141+ | 50+ |
| Brokerage | 0.075% | 0.02% |
| Broker Type | Full service Broker | Full service Broker |
SBICAP Securities Vs Choice Broking - Account Opening & AMC Charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹850/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750 (₹500/- for e-statement) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
SBICAP Securities Vs Choice Broking - Brokerage charges & Plans
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.02% |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.02% |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | 0.2% |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹25/Lot |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹50/Lot |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.02% |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹20/Lot |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.02% |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.02% |
SBICAP Securities Vs Choice Broking - Other Charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹10/Order | ₹0 (Free) |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹25/Lot |
| Minimum Brokerage | ₹20/Order | 0.02% |
SBICAP Securities Vs Choice Broking - Transaction Charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Currency Options | NSE: 0.05515% ( ₹5515/Crore) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE:- 0.002206% ( ₹221/Crore) | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE/BSE:- 0.00345% |
| Equity Options | NSE- 0.05515% (Rs.5515/crore) | 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 | 0.002206% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | NSE/BSE:- 0.00345% |
SBICAP Securities Vs Choice Broking - Margin (Exposure)
| SBICAP Securities | 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) |
SBICAP Securities Vs Choice Broking - Features
| SBICAP Securities | 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 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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SBICAP Securities Vs Choice Broking - Review & Rating
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
SBICAP Securities Vs Choice Broking - Request a call back from Broker
| SBICAP Securities | Choice Broking | |
|---|---|---|
SBICAP Securities Vs Choice Broking - Investment Options
| SBICAP Securities | 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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SBICAP Securities Vs Choice Broking - Order Type
| SBICAP Securities | 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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SBICAP Securities Vs Choice Broking - Research & Report
| SBICAP Securities | 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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SBICAP Securities Vs Choice Broking - Daily Market Report
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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SBICAP Securities Vs Choice Broking - Suitable For Investor
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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SBICAP Securities Vs Choice Broking - Pros & Cons
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Pros | 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. | 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. | 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. |
SBICAP Securities Vs Choice Broking - Background
| SBICAP Securities | Choice Broking | |
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SBICAP Securities Vs Choice Broking - Compare All Brokers
| SBICAP Securities | Choice Broking | |
|---|---|---|
SBICAP Securities Vs Choice Broking - STT/CTT
| SBICAP Securities | 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 |
SBICAP Securities Vs Choice Broking - Demat transaction charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
SBICAP Securities Vs Choice Broking - GST
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
SBICAP Securities Vs Choice Broking - SEBI Charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs Choice Broking - Account Opening & AMC Charges
SBICAP Securities
Choice Broking
Trading Account Opening Charge
₹850/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
SBICAP Securities Vs Choice Broking
| SBICAP Securities | Choice Broking | |
|---|---|---|
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. + " 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 .. |
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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.
SBICAP Securities Vs Choice Broking - Brokerage charges & Plans
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.02% |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | 0.02% |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | 0.2% |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹25/Lot |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹50/Lot |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | 0.02% |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹20/Lot |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | 0.02% |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | 0.02% |
SBICAP Securities Vs Choice Broking - Margin (Exposure)
| SBICAP Securities | 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) |
SBICAP Securities Vs Choice Broking - Other Charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹10/Order | ₹0 (Free) |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹25/Lot |
| Minimum Brokerage | ₹20/Order | 0.02% |
SBICAP Securities Vs Choice Broking - STT/CTT
| SBICAP Securities | 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 |
SBICAP Securities Vs Choice Broking - Demat transaction charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
SBICAP Securities Vs Choice Broking - GST
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
SBICAP Securities Vs Choice Broking - SEBI Charges
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs Choice Broking - Features
| SBICAP Securities | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 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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