Choice Broking Vs Paytm Money
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.
Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Paytm Money - Broker Details
| Choice Broking | Paytm Money | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 2018 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE and NSE |
| Branches | 50+ | Zero |
| Brokerage | 0.02% | ₹15/ Order |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Paytm Money - Account Opening & AMC Charges
| Choice Broking | Paytm Money | |
|---|---|---|
| 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) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Paytm Money - Brokerage charges & Plans
| Choice Broking | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | N/A |
| Equity Delivery | 0.2% | 2.5% or ₹15/Order |
| Equity Options | ₹25/Lot | ₹15/ Order |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | ₹15/ Order or 0.02% (whichever is lower) |
| Currency Options | ₹20/Lot | N/A |
| Fixed Charges | 0.02% | ₹15/ Order |
| Equity Intraday | 0.02% | ₹15/ Order or 0.05% (whichever is lower) |
Choice Broking Vs Paytm Money - Other Charges
| Choice Broking | Paytm Money | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 + GST |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹100/ Order |
| Other Brokerage Charges | ₹25/Lot | ₹15/ Order |
| Minimum Brokerage | 0.02% | ₹15/ Order |
Choice Broking Vs Paytm Money - Transaction Charges
| Choice Broking | Paytm Money | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | N/A |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE - 0.002% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.053% on Option 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% | N/A |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE - 0.00345% of turnover | BSE- 0.00345% of turnover |
Choice Broking Vs Paytm Money - Margin (Exposure)
| Choice Broking | Paytm Money | |
|---|---|---|
| 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) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Choice Broking Vs Paytm Money - Features
| Choice Broking | Paytm Money | |
|---|---|---|
| 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:- 3:10 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Choice Broking Vs Paytm Money - Review & Rating
| Choice Broking | Paytm Money | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs Paytm Money - Request a call back from Broker
| Choice Broking | Paytm Money | |
|---|---|---|
Choice Broking Vs Paytm Money - Investment Options
| Choice Broking | Paytm Money | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Choice Broking Vs Paytm Money - Order Type
| Choice Broking | Paytm Money | |
|---|---|---|
| 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 Paytm Money - Research & Report
| Choice Broking | Paytm Money | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Choice Broking Vs Paytm Money - Daily Market Report
| Choice Broking | Paytm Money | |
|---|---|---|
| Daily Market Reports & News |
|
|
Choice Broking Vs Paytm Money - Suitable For Investor
| Choice Broking | Paytm Money | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Choice Broking Vs Paytm Money - Pros & Cons
| Choice Broking | Paytm Money | |
|---|---|---|
| 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. Simple and user friendly Trading Platform 2. Lowest trading charges and free Equity delivery 3. No maintenance Charges 4. Instant Account open 5. You can invest in digital gold, Mutual Fund and NPS |
| 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. Zero Margin Facility 2. Paytm Money do not offer NRI Trading 3. Commodity and Currency trading are not Available in Paytm Money 4. There is no Branch Support |
Choice Broking Vs Paytm Money - Background
| Choice Broking | Paytm Money | |
|---|---|---|
Choice Broking Vs Paytm Money - Compare All Brokers
| Choice Broking | Paytm Money | |
|---|---|---|
Choice Broking Vs Paytm Money - STT/CTT
| Choice Broking | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| 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 | N/A |
| 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 | N/A |
Choice Broking Vs Paytm Money - Demat transaction charges
| Choice Broking | Paytm Money | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 + GST per scrip only on sell |
Choice Broking Vs Paytm Money - GST
| Choice Broking | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Paytm Money - SEBI Charges
| Choice Broking | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Paytm Money - Account Opening & AMC Charges
Choice Broking
Paytm Money
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)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Paytm Money
| Choice Broking | Paytm Money | |
|---|---|---|
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 "+ Paytm Money |
Paytm Money Review | Brokerage Charges, Account OpeningPaytm announced its entry into stockbroking through the launch of Paytm Money. The discount broker Paytm Money is an online investment and advisory platform targeted at first-time users. It’s a subsidiary of Noida-based One97 Communications, the company that owns Paytm, and is India’s largest digital payment platfo .. |
|
|
|
|
|
Paytm Money
Paytm Money gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, We can also review Paytm Money Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Paytm Money - Brokerage charges & Plans
| Choice Broking | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | N/A |
| Equity Delivery | 0.2% | 2.5% or ₹15/Order |
| Equity Options | ₹25/Lot | ₹15/ Order |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | ₹15/ Order or 0.02% (whichever is lower) |
| Currency Options | ₹20/Lot | N/A |
| Fixed Charges | 0.02% | ₹15/ Order |
| Equity Intraday | 0.02% | ₹15/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs Paytm Money - Margin (Exposure)
| Choice Broking | Paytm Money | |
|---|---|---|
| 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) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Choice Broking Vs Paytm Money - Other Charges
| Choice Broking | Paytm Money | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 + GST |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹100/ Order |
| Other Brokerage Charges | ₹25/Lot | ₹15/ Order |
| Minimum Brokerage | 0.02% | ₹15/ Order |
Choice Broking Vs Paytm Money - STT/CTT
| Choice Broking | Paytm Money | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| 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 | N/A |
| 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 | N/A |
Choice Broking Vs Paytm Money - Demat transaction charges
| Choice Broking | Paytm Money | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 + GST per scrip only on sell |
Choice Broking Vs Paytm Money - GST
| Choice Broking | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Choice Broking Vs Paytm Money - SEBI Charges
| Choice Broking | Paytm Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Paytm Money - Features
| Choice Broking | Paytm Money | |
|---|---|---|
| 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:- 3:10 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | • Paytm Money- Web (Browser Based). • Paytm Money App (Mobile application) |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|