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Comparision (Choice Broking VS IIFL Securities)

 

Choice Broking Vs IIFL 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.


IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs IIFL Securities - Broker Details

Choice Broking IIFL Securities
Single Margin Facility
Year of Incorporation 2010 1995
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. NSE, BSE, MCX and NCDEX
Branches 50+ 2000+
Brokerage 0.02% ₹20/ Order
Broker Type Full service Broker Full Service Broker
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Account Opening & AMC Charges

Choice Broking IIFL 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) ₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Brokerage charges & Plans

Choice Broking IIFL Securities
Commodity Futures 0.02% ₹20/ Order
Currency Futures 0.02% ₹20/ Order
Equity Delivery 0.2% ₹20/ Order
Equity Options ₹25/Lot ₹20/ Order
Commodity Options ₹50/Lot ₹20/ Order
Equity Futures 0.02% ₹20/ Order
Currency Options ₹20/Lot ₹20/ Order
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Other Charges

Choice Broking IIFL Securities
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges ₹25/Lot ₹20/ Order
Minimum Brokerage 0.02% ₹20/ Order
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Transaction Charges

Choice Broking IIFL Securities
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% NSE: 0.00195% on Total Turnover value
Equity Intraday NSE/BSE:- 0.00345% NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% NSE: 0.053% on Premium value
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: 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery NSE/BSE:- 0.00345% NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Margin (Exposure)

Choice Broking IIFL Securities
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)
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Features

Choice Broking IIFL Securities
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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Review & Rating

Choice Broking IIFL Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Request a call back from Broker

Choice Broking IIFL Securities
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Investment Options

Choice Broking IIFL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Order Type

Choice Broking IIFL Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Research & Report

Choice Broking IIFL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Daily Market Report

Choice Broking IIFL Securities
Daily Market Reports & News
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Suitable For Investor

Choice Broking IIFL Securities
Casual Investor
Active Investor
Trader
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Pros & Cons

Choice Broking IIFL 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. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD).
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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds.
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Background

Choice Broking IIFL Securities
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Compare All Brokers

Choice Broking IIFL Securities
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - STT/CTT

Choice Broking IIFL 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 Sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & Sell
Equity Futures 0.01% on Sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Demat transaction charges

Choice Broking IIFL Securities
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - GST

Choice Broking IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (Brokerage + Transaction Charge)
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - SEBI Charges

Choice Broking IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Account Opening & AMC Charges

Choice Broking
IIFL 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)
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)

Choice Broking Vs IIFL Securities

Choice Broking IIFL Securities
 

Choice Broking Review | Brokerage Charges, Account Opening


Choice 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 "+ IIFL Securities

IIFL Securities Review | Features and Brokerage Plans

IIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s ..
 
 

IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs IIFL Securities - Brokerage charges & Plans

Choice Broking IIFL Securities
Commodity Futures 0.02% ₹20/ Order
Currency Futures 0.02% ₹20/ Order
Equity Delivery 0.2% ₹20/ Order
Equity Options ₹25/Lot ₹20/ Order
Commodity Options ₹50/Lot ₹20/ Order
Equity Futures 0.02% ₹20/ Order
Currency Options ₹20/Lot ₹20/ Order
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Margin (Exposure)

Choice Broking IIFL Securities
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)
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Other Charges

Choice Broking IIFL Securities
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges - ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges ₹25/Lot ₹20/ Order
Minimum Brokerage 0.02% ₹20/ Order
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - STT/CTT

Choice Broking IIFL 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 Sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & Sell
Equity Futures 0.01% on Sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Demat transaction charges

Choice Broking IIFL Securities
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - GST

Choice Broking IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (Brokerage + Transaction Charge)
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - SEBI Charges

Choice Broking IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Enquiry Call Back Open Account

Choice Broking Vs IIFL Securities - Features

Choice Broking IIFL Securities
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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Call Back Enquiry Call Back Open Account

Choice Broking

IIFL Securities