Axis Direct Vs Choice Broking
Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, 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.
Axis Direct Vs Choice Broking - Broker Details
| Axis Direct | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2010 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 2500+ | 50+ |
| Brokerage | 0.05% | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
Axis Direct Vs Choice Broking - Account Opening & AMC Charges
| Axis Direct | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750/- | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Axis Direct Vs Choice Broking - Brokerage charges & Plans
| Axis Direct | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.03% | 0.02% |
| Currency Futures | 0.05% | 0.02% |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | 0.2% |
| Equity Options | ₹10/ Order | ₹25/Lot |
| Commodity Options | ₹50/ Lot | ₹50/Lot |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | 0.02% |
| Currency Options | ₹10/ Order | ₹20/Lot |
| Fixed Charges | N/A | 0.02% |
| Equity Intraday | 0.05% | 0.02% |
Axis Direct Vs Choice Broking - Other Charges
| Axis Direct | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% | ₹25/Lot |
| Minimum Brokerage | 0.05% | 0.02% |
Axis Direct Vs Choice Broking - Transaction Charges
| Axis Direct | Choice Broking | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) | 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 | ₹190/Cr (0.0019%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE/BSE:- 0.00345% |
Axis Direct Vs Choice Broking - Margin (Exposure)
| Axis Direct | 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) |
Axis Direct Vs Choice Broking - Features
| Axis Direct | 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: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 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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Axis Direct Vs Choice Broking - Review & Rating
| Axis Direct | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Axis Direct Vs Choice Broking - Request a call back from Broker
| Axis Direct | Choice Broking | |
|---|---|---|
Axis Direct Vs Choice Broking - Investment Options
| Axis Direct | 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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Axis Direct Vs Choice Broking - Order Type
| Axis Direct | 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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Axis Direct Vs Choice Broking - Research & Report
| Axis Direct | 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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Axis Direct Vs Choice Broking - Daily Market Report
| Axis Direct | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Axis Direct Vs Choice Broking - Suitable For Investor
| Axis Direct | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Axis Direct Vs Choice Broking - Pros & Cons
| Axis Direct | Choice Broking | |
|---|---|---|
| Pros | 1.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms. | 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.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. | 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. |
Axis Direct Vs Choice Broking - Background
| Axis Direct | Choice Broking | |
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Axis Direct Vs Choice Broking - Compare All Brokers
| Axis Direct | Choice Broking | |
|---|---|---|
Axis Direct Vs Choice Broking - STT/CTT
| Axis Direct | 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 |
Axis Direct Vs Choice Broking - Demat transaction charges
| Axis Direct | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹10 + GST per scrip only on sell |
Axis Direct Vs Choice Broking - GST
| Axis Direct | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Axis Direct Vs Choice Broking - SEBI Charges
| Axis Direct | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Choice Broking - Account Opening & AMC Charges
Axis Direct
Choice Broking
Trading Account Opening Charge
₹900/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750/-
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Axis Direct Vs Choice Broking
| Axis Direct | Choice Broking | |
|---|---|---|
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. + " 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 b .. |
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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.
Axis Direct Vs Choice Broking - Brokerage charges & Plans
| Axis Direct | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.03% | 0.02% |
| Currency Futures | 0.05% | 0.02% |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | 0.2% |
| Equity Options | ₹10/ Order | ₹25/Lot |
| Commodity Options | ₹50/ Lot | ₹50/Lot |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | 0.02% |
| Currency Options | ₹10/ Order | ₹20/Lot |
| Fixed Charges | N/A | 0.02% |
| Equity Intraday | 0.05% | 0.02% |
Axis Direct Vs Choice Broking - Margin (Exposure)
| Axis Direct | 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) |
Axis Direct Vs Choice Broking - Other Charges
| Axis Direct | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% | ₹25/Lot |
| Minimum Brokerage | 0.05% | 0.02% |
Axis Direct Vs Choice Broking - STT/CTT
| Axis Direct | 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 |
Axis Direct Vs Choice Broking - Demat transaction charges
| Axis Direct | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹10 + GST per scrip only on sell |
Axis Direct Vs Choice Broking - GST
| Axis Direct | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Axis Direct Vs Choice Broking - SEBI Charges
| Axis Direct | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Choice Broking - Features
| Axis Direct | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
|
| 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: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 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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