Choice Broking Vs Nirman Broking
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.
Nirman Broking
Nirman Broking 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 Nirman Broking - Broker Details
| Choice Broking | Nirman Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1987 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE, MCX and NCDEX |
| Branches | 50+ | 20 |
| Brokerage | 0.02% | ₹20 per executed order or 0.05% |
| Broker Type | Full service Broker | Full Service Broker |
Choice Broking Vs Nirman Broking - Account Opening & AMC Charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹360 + GST per year |
| Trading Account AMC | ₹0 (Free) | N/A |
Choice Broking Vs Nirman Broking - Brokerage charges & Plans
| Choice Broking | Nirman Broking | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | ₹20 per executed per order or 0.05% |
| Equity Delivery | 0.2% | ₹20 or 2.5% |
| Equity Options | ₹25/Lot | Flat ₹20 per executed per order |
| Commodity Options | ₹50/Lot | Flat ₹20 per executed per order |
| Equity Futures | 0.02% | ₹20 per executed order or 0.05% |
| Currency Options | ₹20/Lot | Flat ₹20 per executed per order |
| Fixed Charges | 0.02% | ₹20 per executed order or 0.05% |
| Equity Intraday | 0.02% | ₹20 per executed order or 0.05% |
Choice Broking Vs Nirman Broking - Other Charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹25/Lot | ₹20 per executed order or 0.05% |
| Minimum Brokerage | 0.02% | ₹20 per executed order or 0.05% |
Choice Broking Vs Nirman Broking - Transaction Charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹500/Cr (0.005%) (on premium) |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: ₹200/Cr (0.0019%) |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: ₹345/Cr (0.00325%) |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE ₹5000/Cr (0.05%) (on premium) |
| 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% | NSE ₹120/Cr (0.0012%) |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: ₹345/Cr (0.00325%) |
Choice Broking Vs Nirman Broking - Margin (Exposure)
| Choice Broking | Nirman 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) | 6x (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) |
Choice Broking Vs Nirman Broking - Features
| Choice Broking | Nirman 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Nirman Broking - Review & Rating
| Choice Broking | Nirman Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Nirman Broking - Request a call back from Broker
| Choice Broking | Nirman Broking | |
|---|---|---|
Choice Broking Vs Nirman Broking - Investment Options
| Choice Broking | Nirman 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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Choice Broking Vs Nirman Broking - Order Type
| Choice Broking | Nirman 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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Choice Broking Vs Nirman Broking - Research & Report
| Choice Broking | Nirman 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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Choice Broking Vs Nirman Broking - Daily Market Report
| Choice Broking | Nirman Broking | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Nirman Broking - Suitable For Investor
| Choice Broking | Nirman Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Nirman Broking - Pros & Cons
| Choice Broking | Nirman Broking | |
|---|---|---|
| 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. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing |
| 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. Technology Issues 3. Dependency on market conditions and economic factors, |
Choice Broking Vs Nirman Broking - Background
| Choice Broking | Nirman Broking | |
|---|---|---|
Choice Broking Vs Nirman Broking - Compare All Brokers
| Choice Broking | Nirman Broking | |
|---|---|---|
Choice Broking Vs Nirman Broking - STT/CTT
| Choice Broking | Nirman 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 both Buy and Sell | 0.1% on buy & 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 Nirman Broking - Demat transaction charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Choice Broking Vs Nirman Broking - GST
| Choice Broking | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Nirman Broking - SEBI Charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Nirman Broking - Account Opening & AMC Charges
Choice Broking
Nirman Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹360 + GST per year
Trading Account AMC
₹0 (Free)
N/A
Choice Broking Vs Nirman Broking
| Choice Broking | Nirman 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 .. + " Vs "+ Nirman Broking |
Nirman Broking Account Opening Process and Charges |
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Nirman Broking
Nirman Broking 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 Nirman Broking - Brokerage charges & Plans
| Choice Broking | Nirman Broking | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | ₹20 per executed per order or 0.05% |
| Equity Delivery | 0.2% | ₹20 or 2.5% |
| Equity Options | ₹25/Lot | Flat ₹20 per executed per order |
| Commodity Options | ₹50/Lot | Flat ₹20 per executed per order |
| Equity Futures | 0.02% | ₹20 per executed order or 0.05% |
| Currency Options | ₹20/Lot | Flat ₹20 per executed per order |
| Fixed Charges | 0.02% | ₹20 per executed order or 0.05% |
| Equity Intraday | 0.02% | ₹20 per executed order or 0.05% |
Choice Broking Vs Nirman Broking - Margin (Exposure)
| Choice Broking | Nirman 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) | 6x (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) |
Choice Broking Vs Nirman Broking - Other Charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20 per order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹25/Lot | ₹20 per executed order or 0.05% |
| Minimum Brokerage | 0.02% | ₹20 per executed order or 0.05% |
Choice Broking Vs Nirman Broking - STT/CTT
| Choice Broking | Nirman 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 both Buy and Sell | 0.1% on buy & 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 Nirman Broking - Demat transaction charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Choice Broking Vs Nirman Broking - GST
| Choice Broking | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Nirman Broking - SEBI Charges
| Choice Broking | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Nirman Broking - Features
| Choice Broking | Nirman Broking | |
|---|---|---|
| Online Portfolio |
|
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| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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