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

Quick Comparision (Upstox VS Choice Broking)

 
 

Upstox Vs Choice Broking

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.


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.

Upstox Vs Choice Broking - Broker Details

Upstox Choice Broking
Single Margin Facility
Year of Incorporation 2009 2010
Exchanges BSE, NSE and MCX NSE, BSE, MCX, NCDEX, and ICEX.
Branches Zero 50+
Brokerage ₹20/ Order or 0.05% (Whichever is lower) 0.02%
Broker Type Discount Broker Full service Broker
Call Back Open Account

Upstox Vs Choice Broking - Account Opening & AMC Charges

Upstox 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)
Call Back Open Account

Upstox Vs Choice Broking - Brokerage charges & Plans

Upstox Choice Broking
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.02%
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.02%
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 0.2%
Equity Options ₹20/ Order ₹25/Lot
Commodity Options ₹20/ Order ₹50/Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.02%
Currency Options ₹20/ Order ₹20/Lot
Fixed Charges ₹20/ Order 0.02%
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.02%
Call Back Open Account

Upstox Vs Choice Broking - Other Charges

Upstox Choice Broking
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) -
Call & Trade Charges (₹50 + GST) ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹25/Lot
Minimum Brokerage ₹20/ Order 0.02%
Call Back Open Account

Upstox Vs Choice Broking - Transaction Charges

Upstox Choice Broking
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005%
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE/BSE:- 0.00345%
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002%
Commodity Non-Agri: Exchange turnover charge: 0.0026% 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: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE/BSE:- 0.00345%
Call Back Open Account

Upstox Vs Choice Broking - Margin (Exposure)

Upstox Choice Broking
Equity Options Option Sell: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 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 (no margin) 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)
Call Back Open Account

Upstox Vs Choice Broking - Features

Upstox 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox Vs Choice Broking - Review & Rating

Upstox Choice Broking
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Upstox Vs Choice Broking - Request a call back from Broker

Upstox Choice Broking
Call Back Open Account

Upstox Vs Choice Broking - Investment Options

Upstox Choice Broking
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Upstox Vs Choice Broking - Order Type

Upstox 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
Call Back Open Account

Upstox Vs Choice Broking - Research & Report

Upstox Choice Broking
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Upstox Vs Choice Broking - Daily Market Report

Upstox Choice Broking
Daily Market Reports & News
Call Back Open Account

Upstox Vs Choice Broking - Suitable For Investor

Upstox Choice Broking
Casual Investor
Active Investor
Trader
Call Back Open Account

Upstox Vs Choice Broking - Pros & Cons

Upstox Choice Broking
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 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.
Call Back Open Account

Upstox Vs Choice Broking - Background

Upstox Choice Broking
Call Back Open Account

Upstox Vs Choice Broking - Compare All Brokers

Upstox Choice Broking
Call Back Open Account

Upstox Vs Choice Broking - STT/CTT

Upstox 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
Call Back Open Account

Upstox Vs Choice Broking - Demat transaction charges

Upstox Choice Broking
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹10 + GST per scrip only on sell
Call Back Open Account

Upstox Vs Choice Broking - GST

Upstox Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charges + Clearing Charges)
Call Back Open Account

Upstox Vs Choice Broking - SEBI Charges

Upstox Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Upstox Vs Choice Broking - Account Opening & AMC Charges

Upstox
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)
 

Upstox Vs Choice Broking

Upstox Choice Broking
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " 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.

Upstox Vs Choice Broking - Brokerage charges & Plans

Upstox Choice Broking
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) 0.02%
Currency Futures ₹20/ Order or 0.05% (whichever is lower) 0.02%
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) 0.2%
Equity Options ₹20/ Order ₹25/Lot
Commodity Options ₹20/ Order ₹50/Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.02%
Currency Options ₹20/ Order ₹20/Lot
Fixed Charges ₹20/ Order 0.02%
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.02%
Call Back Open Account

Upstox Vs Choice Broking - Margin (Exposure)

Upstox Choice Broking
Equity Options Option Sell: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 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 (no margin) 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)
Call Back Open Account

Upstox Vs Choice Broking - Other Charges

Upstox Choice Broking
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) -
Call & Trade Charges (₹50 + GST) ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹25/Lot
Minimum Brokerage ₹20/ Order 0.02%
Call Back Open Account

Upstox Vs Choice Broking - STT/CTT

Upstox 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
Call Back Open Account

Upstox Vs Choice Broking - Demat transaction charges

Upstox Choice Broking
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹10 + GST per scrip only on sell
Call Back Open Account

Upstox Vs Choice Broking - GST

Upstox Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charges + Clearing Charges)
Call Back Open Account

Upstox Vs Choice Broking - SEBI Charges

Upstox Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Upstox Vs Choice Broking - Features

Upstox 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Choice Broking