Choice Broking Vs mStock
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.
mStock
mStock 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 mStock - Broker Details
| Choice Broking | mStock | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 2022 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE and MCX |
| Branches | 50+ | N/A |
| Brokerage | 0.02% | ₹0 |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs mStock - Account Opening & AMC Charges
| Choice Broking | mStock | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) |
| Trading Account AMC | ₹0 (Free) | ₹149 or ₹999 + ₹999 (One time AMC) |
Choice Broking Vs mStock - Brokerage charges & Plans
| Choice Broking | mStock | |
|---|---|---|
| Commodity Futures | 0.02% | ₹0 |
| Currency Futures | 0.02% | ₹0 |
| Equity Delivery | 0.2% | ₹0 |
| Equity Options | ₹25/Lot | ₹0 |
| Commodity Options | ₹50/Lot | ₹0 |
| Equity Futures | 0.02% | ₹0 |
| Currency Options | ₹20/Lot | ₹0 |
| Fixed Charges | 0.02% | ₹0 |
| Equity Intraday | 0.02% | ₹0 |
Choice Broking Vs mStock - Other Charges
| Choice Broking | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹0 (Free) |
| Minimum Brokerage | 0.02% | ₹0 (Free) |
Choice Broking Vs mStock - Transaction Charges
| Choice Broking | mStock | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.0019% |
| Equity Intraday | NSE/BSE:- 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.050% |
| 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 ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | NSE/BSE:- 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
Choice Broking Vs mStock - Margin (Exposure)
| Choice Broking | mStock | |
|---|---|---|
| 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) |
Choice Broking Vs mStock - Features
| Choice Broking | mStock | |
|---|---|---|
| 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. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs mStock - Review & Rating
| Choice Broking | mStock | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs mStock - Request a call back from Broker
| Choice Broking | mStock | |
|---|---|---|
Choice Broking Vs mStock - Investment Options
| Choice Broking | mStock | |
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| 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 mStock - Order Type
| Choice Broking | mStock | |
|---|---|---|
| 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 mStock - Research & Report
| Choice Broking | mStock | |
|---|---|---|
| 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 mStock - Daily Market Report
| Choice Broking | mStock | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs mStock - Suitable For Investor
| Choice Broking | mStock | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs mStock - Pros & Cons
| Choice Broking | mStock | |
|---|---|---|
| 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 charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. |
| 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. |
Choice Broking Vs mStock - Background
| Choice Broking | mStock | |
|---|---|---|
Choice Broking Vs mStock - Compare All Brokers
| Choice Broking | mStock | |
|---|---|---|
Choice Broking Vs mStock - STT/CTT
| Choice Broking | mStock | |
|---|---|---|
| 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 both Buy and 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 mStock - Demat transaction charges
| Choice Broking | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹12 + Gst per scrip only on sell |
Choice Broking Vs mStock - GST
| Choice Broking | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Choice Broking Vs mStock - SEBI Charges
| Choice Broking | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
Choice Broking Vs mStock - Account Opening & AMC Charges
Choice Broking
mStock
Trading Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC
₹0 (Free)
₹149 or ₹999 + ₹999 (One time AMC)
Choice Broking Vs mStock
| Choice Broking | mStock | |
|---|---|---|
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 "+ mStock |
mStock Review 2024mStock .. |
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mStock
mStock 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 mStock - Brokerage charges & Plans
| Choice Broking | mStock | |
|---|---|---|
| Commodity Futures | 0.02% | ₹0 |
| Currency Futures | 0.02% | ₹0 |
| Equity Delivery | 0.2% | ₹0 |
| Equity Options | ₹25/Lot | ₹0 |
| Commodity Options | ₹50/Lot | ₹0 |
| Equity Futures | 0.02% | ₹0 |
| Currency Options | ₹20/Lot | ₹0 |
| Fixed Charges | 0.02% | ₹0 |
| Equity Intraday | 0.02% | ₹0 |
| Call Back Open Account |
Choice Broking Vs mStock - Margin (Exposure)
| Choice Broking | mStock | |
|---|---|---|
| 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) |
Choice Broking Vs mStock - Other Charges
| Choice Broking | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | ₹0 (Free) |
| Minimum Brokerage | 0.02% | ₹0 (Free) |
Choice Broking Vs mStock - STT/CTT
| Choice Broking | mStock | |
|---|---|---|
| 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 both Buy and 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 mStock - Demat transaction charges
| Choice Broking | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹12 + Gst per scrip only on sell |
Choice Broking Vs mStock - GST
| Choice Broking | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (brokerage + transaction charges + SEBI charges) |
Choice Broking Vs mStock - SEBI Charges
| Choice Broking | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
Choice Broking Vs mStock - Features
| Choice Broking | mStock | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| 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. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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