Choice Broking Vs Adroit 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.
Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs Adroit Financial - Broker Details
| Choice Broking | Adroit Financial | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 1994 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX |
| Branches | 50+ | 4 |
| Brokerage | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs Adroit Financial - Account Opening & AMC Charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹300 per Year | ₹1000 for Lifetime |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Adroit Financial - Brokerage charges & Plans
| Choice Broking | Adroit Financial | |
|---|---|---|
| Commodity Futures | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | 0.2% | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | ₹25/Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | ₹50/Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | ₹20/Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Choice Broking Vs Adroit Financial - Other Charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Choice Broking Vs Adroit Financial - Transaction Charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹4400/Cr (0.044%) (on premium) |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) |
| Commodity | 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% | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹135/Cr (0.00135%) |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
Choice Broking Vs Adroit Financial - Margin (Exposure)
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Choice Broking Vs Adroit Financial - Features
| Choice Broking | Adroit Financial | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Choice Broking Vs Adroit Financial - Review & Rating
| Choice Broking | Adroit Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Adroit Financial - Request a call back from Broker
| Choice Broking | Adroit Financial | |
|---|---|---|
Choice Broking Vs Adroit Financial - Investment Options
| Choice Broking | Adroit Financial | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Choice Broking Vs Adroit Financial - Order Type
| Choice Broking | Adroit Financial | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Choice Broking Vs Adroit Financial - Research & Report
| Choice Broking | Adroit Financial | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Choice Broking Vs Adroit Financial - Daily Market Report
| Choice Broking | Adroit Financial | |
|---|---|---|
| Daily Market Reports & News |
|
|
Choice Broking Vs Adroit Financial - Suitable For Investor
| Choice Broking | Adroit Financial | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Choice Broking Vs Adroit Financial - Pros & Cons
| Choice Broking | Adroit Financial | |
|---|---|---|
| Pros | 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. | 1. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its customers. |
| Cons | 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. | 1. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. |
Choice Broking Vs Adroit Financial - Background
| Choice Broking | Adroit Financial | |
|---|---|---|
Choice Broking Vs Adroit Financial - Compare All Brokers
| Choice Broking | Adroit Financial | |
|---|---|---|
Choice Broking Vs Adroit Financial - STT/CTT
| Choice Broking | Adroit Financial | |
|---|---|---|
| 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 both Buy and 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 |
Choice Broking Vs Adroit Financial - Demat transaction charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs Adroit Financial - GST
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Adroit Financial - SEBI Charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Adroit Financial - Account Opening & AMC Charges
Choice Broking
Adroit Financial
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹300 per Year | ₹1000 for Lifetime
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Adroit Financial
| Choice Broking | Adroit Financial | |
|---|---|---|
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 .. + " Vs "+ Adroit Financial |
Adroit Financial Account Opening Process and Charges |
|
|
|
|
|
Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs Adroit Financial - Brokerage charges & Plans
| Choice Broking | Adroit Financial | |
|---|---|---|
| Commodity Futures | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | 0.2% | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | ₹25/Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | ₹50/Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | ₹20/Lot | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Choice Broking Vs Adroit Financial - Margin (Exposure)
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Choice Broking Vs Adroit Financial - Other Charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹25/Lot | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | 0.02% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
Choice Broking Vs Adroit Financial - STT/CTT
| Choice Broking | Adroit Financial | |
|---|---|---|
| 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 both Buy and 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 |
Choice Broking Vs Adroit Financial - Demat transaction charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs Adroit Financial - GST
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Adroit Financial - SEBI Charges
| Choice Broking | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Adroit Financial - Features
| Choice Broking | Adroit Financial | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|