Trade Smart Vs Choice Broking
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, 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.
Trade Smart Vs Choice Broking - Broker Details
| Trade Smart | Choice Broking | |
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| Single Margin Facility |
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| Year of Incorporation | 1994 | 2010 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | Zero | 50+ |
| Brokerage | 0.007% or ₹15/ Order | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Trade Smart Vs Choice Broking - Account Opening & AMC Charges
| Trade Smart | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 ( 2nd Year onwards) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Trade Smart Vs Choice Broking - Brokerage charges & Plans
| Trade Smart | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | 0.02% |
| Currency Futures | 0.007% or ₹15/ Order | 0.02% |
| Equity Delivery | 0.07% or ₹15/ Order | 0.2% |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹25/Lot |
| Commodity Options | ₹7/ Lot or ₹15/ Order | ₹50/Lot |
| Equity Futures | 0.007% or ₹15/ Order | 0.02% |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹20/Lot |
| Fixed Charges | ₹15/ Order | 0.02% |
| Equity Intraday | 0.007% or ₹15/ Order | 0.02% |
Trade Smart Vs Choice Broking - Other Charges
| Trade Smart | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹750/Order | - |
| Call & Trade Charges | ₹20/Order + brokerage commission | ₹0 (Free) |
| Other Brokerage Charges | 0.007% or ₹15/ Order | ₹25/Lot |
| Minimum Brokerage | ₹15/ Order | 0.02% |
Trade Smart Vs Choice Broking - Transaction Charges
| Trade Smart | Choice Broking | |
|---|---|---|
| Currency Options | 0.06% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | 0.0024% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | 0.0035% | NSE/BSE:- 0.00345% |
| Equity Options | 0.0715% | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | 0.0039% | 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 | 0.00165% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | 0.0035% | NSE/BSE:- 0.00345% |
Trade Smart Vs Choice Broking - Margin (Exposure)
| Trade Smart | 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) |
Trade Smart Vs Choice Broking - Features
| Trade Smart | 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 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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Trade Smart Vs Choice Broking - Review & Rating
| Trade Smart | Choice Broking | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Trade Smart Vs Choice Broking - Request a call back from Broker
| Trade Smart | Choice Broking | |
|---|---|---|
Trade Smart Vs Choice Broking - Investment Options
| Trade Smart | Choice Broking | |
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| 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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Trade Smart Vs Choice Broking - Order Type
| Trade Smart | 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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Trade Smart Vs Choice Broking - Research & Report
| Trade Smart | Choice Broking | |
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| 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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Trade Smart Vs Choice Broking - Daily Market Report
| Trade Smart | Choice Broking | |
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| Daily Market Reports & News |
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Trade Smart Vs Choice Broking - Suitable For Investor
| Trade Smart | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Trade Smart Vs Choice Broking - Pros & Cons
| Trade Smart | Choice Broking | |
|---|---|---|
| Pros | 1.It provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. | 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.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. | 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. |
Trade Smart Vs Choice Broking - Background
| Trade Smart | Choice Broking | |
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Trade Smart Vs Choice Broking - Compare All Brokers
| Trade Smart | Choice Broking | |
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Trade Smart Vs Choice Broking - STT/CTT
| Trade Smart | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell side |
Trade Smart Vs Choice Broking - Demat transaction charges
| Trade Smart | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
Trade Smart Vs Choice Broking - GST
| Trade Smart | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Trade Smart Vs Choice Broking - SEBI Charges
| Trade Smart | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs Choice Broking - Account Opening & AMC Charges
Trade Smart
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 ( 2nd Year onwards)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Trade Smart Vs Choice Broking
| Trade Smart | Choice Broking | |
|---|---|---|
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. + " 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.
Trade Smart Vs Choice Broking - Brokerage charges & Plans
| Trade Smart | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | 0.02% |
| Currency Futures | 0.007% or ₹15/ Order | 0.02% |
| Equity Delivery | 0.07% or ₹15/ Order | 0.2% |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹25/Lot |
| Commodity Options | ₹7/ Lot or ₹15/ Order | ₹50/Lot |
| Equity Futures | 0.007% or ₹15/ Order | 0.02% |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹20/Lot |
| Fixed Charges | ₹15/ Order | 0.02% |
| Equity Intraday | 0.007% or ₹15/ Order | 0.02% |
Trade Smart Vs Choice Broking - Margin (Exposure)
| Trade Smart | 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) |
Trade Smart Vs Choice Broking - Other Charges
| Trade Smart | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹750/Order | - |
| Call & Trade Charges | ₹20/Order + brokerage commission | ₹0 (Free) |
| Other Brokerage Charges | 0.007% or ₹15/ Order | ₹25/Lot |
| Minimum Brokerage | ₹15/ Order | 0.02% |
Trade Smart Vs Choice Broking - STT/CTT
| Trade Smart | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell side |
Trade Smart Vs Choice Broking - Demat transaction charges
| Trade Smart | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
Trade Smart Vs Choice Broking - GST
| Trade Smart | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Trade Smart Vs Choice Broking - SEBI Charges
| Trade Smart | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs Choice Broking - Features
| Trade Smart | 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 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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