Choice Broking Vs CIL Securities
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.
CIL Securities
CIL Securities 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 CIL Securities - Broker Details
| Choice Broking | CIL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1989 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE and MCX |
| Branches | 50+ | N/A |
| Brokerage | 0.02% | ₹20 per order |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs CIL Securities - Account Opening & AMC Charges
| Choice Broking | CIL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹400 from 2nd Year ( 1st Year Free) |
| Trading Account AMC | ₹0 (Free) | ₹1000 from 2nd Year ( 1st Year Free) |
Choice Broking Vs CIL Securities - Brokerage charges & Plans
| Choice Broking | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20 per order |
| Currency Futures | 0.02% | ₹20 per order |
| Equity Delivery | 0.2% | ₹20 per order |
| Equity Options | ₹25/Lot | ₹20 per order |
| Commodity Options | ₹50/Lot | ₹20 per order |
| Equity Futures | 0.02% | ₹20 per order |
| Currency Options | ₹20/Lot | ₹20 per order |
| Fixed Charges | 0.02% | ₹20 per order |
| Equity Intraday | 0.02% | ₹20 per order |
Choice Broking Vs CIL Securities - Other Charges
| Choice Broking | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹20 per order |
| Minimum Brokerage | 0.02% | ₹20 per order |
Choice Broking Vs CIL Securities - Transaction Charges
| Choice Broking | CIL Securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.057% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.0032% |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.0032% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.00323% |
| 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% | N/A |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.00240% |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.0032% |
Choice Broking Vs CIL Securities - Margin (Exposure)
| Choice Broking | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Features
| Choice Broking | CIL Securities | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs CIL Securities - Review & Rating
| Choice Broking | CIL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs CIL Securities - Request a call back from Broker
| Choice Broking | CIL Securities | |
|---|---|---|
Choice Broking Vs CIL Securities - Investment Options
| Choice Broking | CIL Securities | |
|---|---|---|
| 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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Choice Broking Vs CIL Securities - Order Type
| Choice Broking | CIL Securities | |
|---|---|---|
| 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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Choice Broking Vs CIL Securities - Research & Report
| Choice Broking | CIL Securities | |
|---|---|---|
| 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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Choice Broking Vs CIL Securities - Daily Market Report
| Choice Broking | CIL Securities | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs CIL Securities - Suitable For Investor
| Choice Broking | CIL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs CIL Securities - Pros & Cons
| Choice Broking | CIL Securities | |
|---|---|---|
| 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. Diverse investment options, 2. Access to professional expertise, 3. Potential for higher returns, 4. Liquidity in some securities, 5. Portfolio diversification, 6. Ability to trade on stock exchanges. |
| 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 risk, 2. Lack of guaranteed returns, 3. Limited control over individual securities, 4. Not suitable for short-term goals. |
Choice Broking Vs CIL Securities - Background
| Choice Broking | CIL Securities | |
|---|---|---|
Choice Broking Vs CIL Securities - Compare All Brokers
| Choice Broking | CIL Securities | |
|---|---|---|
Choice Broking Vs CIL Securities - STT/CTT
| Choice Broking | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Demat transaction charges
| Choice Broking | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs CIL Securities - GST
| Choice Broking | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs CIL Securities - SEBI Charges
| Choice Broking | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs CIL Securities - Account Opening & AMC Charges
Choice Broking
CIL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹400 from 2nd Year ( 1st Year Free)
Trading Account AMC
₹0 (Free)
₹1000 from 2nd Year ( 1st Year Free)
Choice Broking Vs CIL Securities
| Choice Broking | CIL Securities | |
|---|---|---|
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 "+ CIL Securities |
CIL Securities Account Opening Charges and Required Documents Details |
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CIL Securities
CIL Securities 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 CIL Securities - Brokerage charges & Plans
| Choice Broking | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20 per order |
| Currency Futures | 0.02% | ₹20 per order |
| Equity Delivery | 0.2% | ₹20 per order |
| Equity Options | ₹25/Lot | ₹20 per order |
| Commodity Options | ₹50/Lot | ₹20 per order |
| Equity Futures | 0.02% | ₹20 per order |
| Currency Options | ₹20/Lot | ₹20 per order |
| Fixed Charges | 0.02% | ₹20 per order |
| Equity Intraday | 0.02% | ₹20 per order |
Choice Broking Vs CIL Securities - Margin (Exposure)
| Choice Broking | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Other Charges
| Choice Broking | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹20 per order |
| Minimum Brokerage | 0.02% | ₹20 per order |
Choice Broking Vs CIL Securities - STT/CTT
| Choice Broking | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Demat transaction charges
| Choice Broking | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹20 + Gst per scrip only on sell |
Choice Broking Vs CIL Securities - GST
| Choice Broking | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs CIL Securities - SEBI Charges
| Choice Broking | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs CIL Securities - Features
| Choice Broking | CIL Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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