Vramath Financial Vs Choice Broking
Vramath Financial
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.
Vramath Financial Vs Choice Broking - Broker Details
| Vramath Financial | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | N/A | 50+ |
| Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Vramath Financial Vs Choice Broking - Account Opening & AMC Charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline) | ₹0 (Free) |
| Demat Account Opening Charge | Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs. | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | NA | ₹0 (Free) |
Vramath Financial Vs Choice Broking - Brokerage charges & Plans
| Vramath Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Equity Delivery | 0.50% - 0.65% | 0.2% |
| Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹25/Lot |
| Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹50/Lot |
| Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/Lot |
| Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
Vramath Financial Vs Choice Broking - Other Charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹0 (Free) |
| Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹25/Lot |
| Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
Vramath Financial Vs Choice Broking - Transaction Charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | NSE/BSE:- 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Exchange txn charge: 0.05% | 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 txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | NSE/BSE:- 0.00345% |
Vramath Financial Vs Choice Broking - Margin (Exposure)
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of the trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Vramath Financial Vs Choice Broking - Features
| Vramath Financial | 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 | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro 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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Vramath Financial Vs Choice Broking - Review & Rating
| Vramath Financial | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Vramath Financial Vs Choice Broking - Request a call back from Broker
| Vramath Financial | Choice Broking | |
|---|---|---|
Vramath Financial Vs Choice Broking - Investment Options
| Vramath Financial | 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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Vramath Financial Vs Choice Broking - Order Type
| Vramath Financial | 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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Vramath Financial Vs Choice Broking - Research & Report
| Vramath Financial | 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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Vramath Financial Vs Choice Broking - Daily Market Report
| Vramath Financial | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Vramath Financial Vs Choice Broking - Suitable For Investor
| Vramath Financial | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Vramath Financial Vs Choice Broking - Pros & Cons
| Vramath Financial | Choice Broking | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Vramath Financial facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. Brokerage charges are high as compared to discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. | 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. |
Vramath Financial Vs Choice Broking - Background
| Vramath Financial | Choice Broking | |
|---|---|---|
Vramath Financial Vs Choice Broking - Compare All Brokers
| Vramath Financial | Choice Broking | |
|---|---|---|
Vramath Financial Vs Choice Broking - STT/CTT
| Vramath Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% on the Sell Side |
| Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Vramath Financial Vs Choice Broking - Demat transaction charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | ₹10 + GST per scrip only on sell |
Vramath Financial Vs Choice Broking - GST
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Vramath Financial Vs Choice Broking - SEBI Charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vramath Financial Vs Choice Broking - Account Opening & AMC Charges
Vramath Financial
Choice Broking
Trading Account Opening Charge
Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline)
₹0 (Free)
Demat Account Opening Charge
Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free)
₹0 (Free)
Demat Account AMC
Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs.
₹200+GST ( 2nd Year onwards)
Trading Account AMC
NA
₹0 (Free)
Vramath Financial Vs Choice Broking
| Vramath Financial | Choice Broking | |
|---|---|---|
Vramath Financial Review |
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.
Vramath Financial Vs Choice Broking - Brokerage charges & Plans
| Vramath Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Equity Delivery | 0.50% - 0.65% | 0.2% |
| Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹25/Lot |
| Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹50/Lot |
| Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/Lot |
| Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
| Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
Vramath Financial Vs Choice Broking - Margin (Exposure)
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of the trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Vramath Financial Vs Choice Broking - Other Charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹0 (Free) |
| Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹25/Lot |
| Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.02% |
Vramath Financial Vs Choice Broking - STT/CTT
| Vramath Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% on the Sell Side |
| Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Vramath Financial Vs Choice Broking - Demat transaction charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | ₹10 + GST per scrip only on sell |
Vramath Financial Vs Choice Broking - GST
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Vramath Financial Vs Choice Broking - SEBI Charges
| Vramath Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vramath Financial Vs Choice Broking - Features
| Vramath Financial | 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro 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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