Vedika Vanijya Vs Choice Broking
Vedika Vanijya
Vedika Vanijya Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Vedika Vanijya Vs Choice Broking - Broker Details
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2007 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | ₹20 per order | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Vedika Vanijya Vs Choice Broking - Account Opening & AMC Charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹200 (online) | ₹400 (offline) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 Free | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year (For Non-corporate account) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | NA | ₹0 (Free) |
Vedika Vanijya Vs Choice Broking - Brokerage charges & Plans
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.02% |
| Currency Futures | ₹20 per order | 0.02% |
| Equity Delivery | ₹20 per order | 0.2% |
| Equity Options | ₹20 per order | ₹25/Lot |
| Commodity Options | ₹20 per order | ₹50/Lot |
| Equity Futures | ₹20 per order | 0.02% |
| Currency Options | ₹20 per order | ₹20/Lot |
| Fixed Charges | ₹20 per order | 0.02% |
| Equity Intraday | ₹20 per order | 0.02% |
Vedika Vanijya Vs Choice Broking - Other Charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹40/- Per Order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹40/- Per Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹25/Lot |
| Minimum Brokerage | ₹20 per order | 0.02% |
Vedika Vanijya Vs Choice Broking - Transaction Charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE/BSE:- 0.00345% |
| Equity Options | NSE: 0.053% on premium value | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 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: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE/BSE:- 0.00345% |
Vedika Vanijya Vs Choice Broking - Margin (Exposure)
| Vedika Vanijya | 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) |
Vedika Vanijya Vs Choice Broking - Features
| Vedika Vanijya | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. V2 Mobile App, 2. Vedika Web Portal, 3. V2 Desktop EXE-based Software | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Vedika Vanijya Vs Choice Broking - Review & Rating
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Vedika Vanijya Vs Choice Broking - Request a call back from Broker
| Vedika Vanijya | Choice Broking | |
|---|---|---|
Vedika Vanijya Vs Choice Broking - Investment Options
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Vedika Vanijya Vs Choice Broking - Order Type
| Vedika Vanijya | 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 |
|
|
Vedika Vanijya Vs Choice Broking - Research & Report
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Vedika Vanijya Vs Choice Broking - Daily Market Report
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
|
|
Vedika Vanijya Vs Choice Broking - Suitable For Investor
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Vedika Vanijya Vs Choice Broking - Pros & Cons
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Excellent Customer Service and Support 3. Excellent customer service and support, 4. Competitive Pricing and Low Fees 5. Financial Independence | 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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. |
Vedika Vanijya Vs Choice Broking - Background
| Vedika Vanijya | Choice Broking | |
|---|---|---|
Vedika Vanijya Vs Choice Broking - Compare All Brokers
| Vedika Vanijya | Choice Broking | |
|---|---|---|
Vedika Vanijya Vs Choice Broking - STT/CTT
| Vedika Vanijya | 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 |
Vedika Vanijya Vs Choice Broking - Demat transaction charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50/ Request + GST | ₹10 + GST per scrip only on sell |
Vedika Vanijya Vs Choice Broking - GST
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Vedika Vanijya Vs Choice Broking - SEBI Charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vedika Vanijya Vs Choice Broking - Account Opening & AMC Charges
Vedika Vanijya
Choice Broking
Trading Account Opening Charge
₹200 (online) | ₹400 (offline)
₹0 (Free)
Demat Account Opening Charge
₹0 Free
₹0 (Free)
Demat Account AMC
₹300 per Year (For Non-corporate account)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
NA
₹0 (Free)
Vedika Vanijya Vs Choice Broking
| Vedika Vanijya | Choice Broking | |
|---|---|---|
Vedika Vanijya Account Opening Process and Charges Details |
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.
Vedika Vanijya Vs Choice Broking - Brokerage charges & Plans
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.02% |
| Currency Futures | ₹20 per order | 0.02% |
| Equity Delivery | ₹20 per order | 0.2% |
| Equity Options | ₹20 per order | ₹25/Lot |
| Commodity Options | ₹20 per order | ₹50/Lot |
| Equity Futures | ₹20 per order | 0.02% |
| Currency Options | ₹20 per order | ₹20/Lot |
| Fixed Charges | ₹20 per order | 0.02% |
| Equity Intraday | ₹20 per order | 0.02% |
Vedika Vanijya Vs Choice Broking - Margin (Exposure)
| Vedika Vanijya | 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) |
Vedika Vanijya Vs Choice Broking - Other Charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹40/- Per Order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹40/- Per Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹25/Lot |
| Minimum Brokerage | ₹20 per order | 0.02% |
Vedika Vanijya Vs Choice Broking - STT/CTT
| Vedika Vanijya | 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 |
Vedika Vanijya Vs Choice Broking - Demat transaction charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50/ Request + GST | ₹10 + GST per scrip only on sell |
Vedika Vanijya Vs Choice Broking - GST
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Vedika Vanijya Vs Choice Broking - SEBI Charges
| Vedika Vanijya | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vedika Vanijya Vs Choice Broking - Features
| Vedika Vanijya | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. V2 Mobile App, 2. Vedika Web Portal, 3. V2 Desktop EXE-based Software | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|