Choice Broking Vs Vramath Financial
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.
Vramath Financial
Choice Broking Vs Vramath Financial - Broker Details
| Choice Broking | Vramath Financial | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 2012 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE, MCX and NCDEX |
| Branches | 50+ | N/A |
| Brokerage | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Vramath Financial - Account Opening & AMC Charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline) |
| Demat Account Opening Charge | ₹0 (Free) | Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs. |
| Trading Account AMC | ₹0 (Free) | NA |
Choice Broking Vs Vramath Financial - Brokerage charges & Plans
| Choice Broking | Vramath Financial | |
|---|---|---|
| Commodity Futures | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Futures | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Delivery | 0.2% | 0.50% - 0.65% |
| Equity Options | ₹25/Lot | ₹20 flat for buying and ₹20 flat for selling per lot |
| Commodity Options | ₹50/Lot | ₹20 flat for buying and ₹20 flat for selling per lot |
| Equity Futures | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Options | ₹20/Lot | ₹20 flat for buying and ₹20 flat for selling per lot |
| Fixed Charges | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Intraday | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
Choice Broking Vs Vramath Financial - Other Charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | 0.02% for buying and 0.02% for selling (Highly Competitive). |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. |
| Other Brokerage Charges | ₹25/Lot | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Minimum Brokerage | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
Choice Broking Vs Vramath Financial - Transaction Charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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 Vramath Financial - Margin (Exposure)
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (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 the 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 (0% of Normal margin (Span + Exposure)) |
Choice Broking Vs Vramath Financial - Features
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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 & 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. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Vramath Financial - Review & Rating
| Choice Broking | Vramath Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Vramath Financial - Request a call back from Broker
| Choice Broking | Vramath Financial | |
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Choice Broking Vs Vramath Financial - Investment Options
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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 Vramath Financial - Order Type
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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 Vramath Financial - Research & Report
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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 Vramath Financial - Daily Market Report
| Choice Broking | Vramath Financial | |
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| Daily Market Reports & News |
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Choice Broking Vs Vramath Financial - Suitable For Investor
| Choice Broking | Vramath Financial | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Vramath Financial - Pros & Cons
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Vramath Financial facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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 discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. |
Choice Broking Vs Vramath Financial - Background
| Choice Broking | Vramath Financial | |
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Choice Broking Vs Vramath Financial - Compare All Brokers
| Choice Broking | Vramath Financial | |
|---|---|---|
Choice Broking Vs Vramath Financial - STT/CTT
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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 Vramath Financial - Demat transaction charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. |
Choice Broking Vs Vramath Financial - GST
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Vramath Financial - SEBI Charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Vramath Financial - Account Opening & AMC Charges
Choice Broking
Vramath Financial
Trading Account Opening Charge
₹0 (Free)
Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline)
Demat Account Opening Charge
₹0 (Free)
Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs.
Trading Account AMC
₹0 (Free)
NA
Choice Broking Vs Vramath Financial
| Choice Broking | Vramath Financial | |
|---|---|---|
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 "+ Vramath Financial |
Vramath Financial Review |
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Vramath Financial
Choice Broking Vs Vramath Financial - Brokerage charges & Plans
| Choice Broking | Vramath Financial | |
|---|---|---|
| Commodity Futures | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Futures | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Delivery | 0.2% | 0.50% - 0.65% |
| Equity Options | ₹25/Lot | ₹20 flat for buying and ₹20 flat for selling per lot |
| Commodity Options | ₹50/Lot | ₹20 flat for buying and ₹20 flat for selling per lot |
| Equity Futures | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Options | ₹20/Lot | ₹20 flat for buying and ₹20 flat for selling per lot |
| Fixed Charges | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Intraday | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
Choice Broking Vs Vramath Financial - Margin (Exposure)
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (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 the 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 (0% of Normal margin (Span + Exposure)) |
Choice Broking Vs Vramath Financial - Other Charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | 0.02% for buying and 0.02% for selling (Highly Competitive). |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. |
| Other Brokerage Charges | ₹25/Lot | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Minimum Brokerage | 0.02% | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
Choice Broking Vs Vramath Financial - STT/CTT
| Choice Broking | Vramath Financial | |
|---|---|---|
| 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 Vramath Financial - Demat transaction charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. |
Choice Broking Vs Vramath Financial - GST
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Vramath Financial - SEBI Charges
| Choice Broking | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Vramath Financial - Features
| Choice Broking | Vramath Financial | |
|---|---|---|
| Online Portfolio |
|
|
| 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 & 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. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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