Choice Broking Vs Pentad 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.
Pentad Securities
Pentad 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 Pentad Securities - Broker Details
| Choice Broking | Pentad Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2012 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE and MCX |
| Branches | 50+ | 2 |
| Brokerage | 0.02% | ₹20 per order |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Pentad Securities - Account Opening & AMC Charges
| Choice Broking | Pentad 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) | Up to ₹1000 |
| Trading Account AMC | ₹0 (Free) | NA |
Choice Broking Vs Pentad Securities - Brokerage charges & Plans
| Choice Broking | Pentad Securities | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20 per order |
| Currency Futures | 0.02% | ₹20 per order |
| Equity Delivery | 0.2% | ₹0 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 Pentad Securities - Other Charges
| Choice Broking | Pentad Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per Order |
| Other Brokerage Charges | ₹25/Lot | ₹20 per order |
| Minimum Brokerage | 0.02% | ₹20 per order |
Choice Broking Vs Pentad Securities - Transaction Charges
| Choice Broking | Pentad Securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.0019% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE: 0.00325% | BSE: 0.00325% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.05% (on premium) | NSE: 0.053% (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% | Exchange txn charge: 0.05% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE: 0.00325% | BSE: 0.00325% |
Choice Broking Vs Pentad Securities - Margin (Exposure)
| Choice Broking | Pentad 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 (no margin) |
| 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 Pentad Securities - Features
| Choice Broking | Pentad 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: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Pen Mobile App, 2. Book Web Portal, 3. Box Mutual Fund App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Pentad Securities - Review & Rating
| Choice Broking | Pentad Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Pentad Securities - Request a call back from Broker
| Choice Broking | Pentad Securities | |
|---|---|---|
Choice Broking Vs Pentad Securities - Investment Options
| Choice Broking | Pentad 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 Pentad Securities - Order Type
| Choice Broking | Pentad 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 Pentad Securities - Research & Report
| Choice Broking | Pentad 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 Pentad Securities - Daily Market Report
| Choice Broking | Pentad Securities | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Pentad Securities - Suitable For Investor
| Choice Broking | Pentad Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Pentad Securities - Pros & Cons
| Choice Broking | Pentad 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. User-Friendly Platform 2. Personalized Service 3. Known for their reliability and integrity in managing clients' assets. 4. Diverse Investment Options 5. Prioritize client satisfaction and long-term financial well-being. |
| 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Customer Service Delays which could be inconvenient for clients who prefer in-person banking. 4. Customer Service Delays |
Choice Broking Vs Pentad Securities - Background
| Choice Broking | Pentad Securities | |
|---|---|---|
Choice Broking Vs Pentad Securities - Compare All Brokers
| Choice Broking | Pentad Securities | |
|---|---|---|
Choice Broking Vs Pentad Securities - STT/CTT
| Choice Broking | Pentad Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.1% on buy & sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Pentad Securities - Demat transaction charges
| Choice Broking | Pentad Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + GST per scrip |
Choice Broking Vs Pentad Securities - GST
| Choice Broking | Pentad Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Pentad Securities - SEBI Charges
| Choice Broking | Pentad Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Pentad Securities - Account Opening & AMC Charges
Choice Broking
Pentad 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)
Up to ₹1000
Trading Account AMC
₹0 (Free)
NA
Choice Broking Vs Pentad Securities
| Choice Broking | Pentad 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 "+ Pentad Securities |
Pentad Securities Review | Trading Platforms, and Brokerage Charges Details |
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Pentad Securities
Pentad 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 Pentad Securities - Brokerage charges & Plans
| Choice Broking | Pentad Securities | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20 per order |
| Currency Futures | 0.02% | ₹20 per order |
| Equity Delivery | 0.2% | ₹0 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 Pentad Securities - Margin (Exposure)
| Choice Broking | Pentad 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 (no margin) |
| 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 Pentad Securities - Other Charges
| Choice Broking | Pentad Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per Order |
| Other Brokerage Charges | ₹25/Lot | ₹20 per order |
| Minimum Brokerage | 0.02% | ₹20 per order |
Choice Broking Vs Pentad Securities - STT/CTT
| Choice Broking | Pentad Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.1% on buy & sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Choice Broking Vs Pentad Securities - Demat transaction charges
| Choice Broking | Pentad Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + GST per scrip |
Choice Broking Vs Pentad Securities - GST
| Choice Broking | Pentad Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Pentad Securities - SEBI Charges
| Choice Broking | Pentad Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Pentad Securities - Features
| Choice Broking | Pentad 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 Cash: 03:15 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Pen Mobile App, 2. Book Web Portal, 3. Box Mutual Fund App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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