HDFC securities Vs Choice Broking
HDFC securities
HDFC securities is a full service Broker. HDFC securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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.
HDFC securities Vs Choice Broking - Broker Details
| HDFC securities | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2010 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 260+ | 50+ |
| Brokerage | 0.05% | 0.02% |
| Broker Type | Full service Broker | Full service Broker |
HDFC securities Vs Choice Broking - Account Opening & AMC Charges
| HDFC securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/- | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
HDFC securities Vs Choice Broking - Brokerage charges & Plans
| HDFC securities | Choice Broking | |
|---|---|---|
| Commodity Futures | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order | 0.02% |
| Currency Futures | ₹23/Contract | 0.02% |
| Equity Delivery | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) | 0.2% |
| Equity Options | ₹100/Lot (Both Buy & Sell) | ₹25/Lot |
| Commodity Options | ₹100/Lot | ₹50/Lot |
| Equity Futures | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) | 0.02% |
| Currency Options | ₹20/Contract | ₹20/Lot |
| Fixed Charges | N/A | 0.02% |
| Equity Intraday | 0.05% | 0.02% |
HDFC securities Vs Choice Broking - Other Charges
| HDFC securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹0(Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% | ₹25/Lot |
| Minimum Brokerage | 0.05% | 0.02% |
HDFC securities Vs Choice Broking - Transaction Charges
| HDFC securities | Choice Broking | |
|---|---|---|
| Currency Options | 0.040% (On premium) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | 0.00190% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | 0.00325% | NSE/BSE:- 0.00345% |
| Equity Options | 0.050% (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | N/A | 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% |
| Currency Futures | 0.00110% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | 0.00325% | NSE/BSE:- 0.00345% |
HDFC securities Vs Choice Broking - Margin (Exposure)
| HDFC securities | Choice 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) | 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) |
HDFC securities Vs Choice Broking - Features
| HDFC securities | Choice 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:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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HDFC securities Vs Choice Broking - Review & Rating
| HDFC securities | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
HDFC securities Vs Choice Broking - Request a call back from Broker
| HDFC securities | Choice Broking | |
|---|---|---|
HDFC securities Vs Choice Broking - Investment Options
| HDFC securities | Choice 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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HDFC securities Vs Choice Broking - Order Type
| HDFC securities | Choice 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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HDFC securities Vs Choice Broking - Research & Report
| HDFC securities | Choice 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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HDFC securities Vs Choice Broking - Daily Market Report
| HDFC securities | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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HDFC securities Vs Choice Broking - Suitable For Investor
| HDFC securities | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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HDFC securities Vs Choice Broking - Pros & Cons
| HDFC securities | Choice Broking | |
|---|---|---|
| Pros | 1. It provides an integrated three-in-one account (i.e. banking, broking and demat account). It makes HDFC extremely convenient trading platform. 2. It provides the facility of online investment in IPOs, Mutual Funds, GOI Bonds, Insurance and Postal Savings Schemes all of it from a single website. 3. It allows trading in both BSE and NSE. 4. The trading platforms are specially designed for the beginners. | 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. |
| Cons | 1. The brokerage is comparatively higher than other brokers and is negotiable. 2. It does not provide commodity trading. 3. The minimal brokerage charged is ₹25 per trade that is too high. 4.It does not provide good margin limit. | 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. |
HDFC securities Vs Choice Broking - Background
| HDFC securities | Choice Broking | |
|---|---|---|
HDFC securities Vs Choice Broking - Compare All Brokers
| HDFC securities | Choice Broking | |
|---|---|---|
HDFC securities Vs Choice Broking - STT/CTT
| HDFC securities | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
HDFC securities Vs Choice Broking - Demat transaction charges
| HDFC securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | 0.04% of transaction value (minimum ₹25) | ₹10 + GST per scrip only on sell |
HDFC securities Vs Choice Broking - GST
| HDFC securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
HDFC securities Vs Choice Broking - SEBI Charges
| HDFC securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
HDFC securities Vs Choice Broking - Account Opening & AMC Charges
HDFC securities
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/-
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
HDFC securities Vs Choice Broking
| HDFC securities | Choice Broking | |
|---|---|---|
HDFC Securities Review | Brokerage Charges, Account OpeningHDFC securities India is the most renowned financial service providing company which is a subsidiary of private bank HDFC. HDFC securities ltd provides the both online trading and the trading on the go i.e. mobile or tab. HDFC securities is cdsl or nsdl participant with
Read more..
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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 .. |
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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.
HDFC securities Vs Choice Broking - Brokerage charges & Plans
| HDFC securities | Choice Broking | |
|---|---|---|
| Commodity Futures | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order | 0.02% |
| Currency Futures | ₹23/Contract | 0.02% |
| Equity Delivery | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) | 0.2% |
| Equity Options | ₹100/Lot (Both Buy & Sell) | ₹25/Lot |
| Commodity Options | ₹100/Lot | ₹50/Lot |
| Equity Futures | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) | 0.02% |
| Currency Options | ₹20/Contract | ₹20/Lot |
| Fixed Charges | N/A | 0.02% |
| Equity Intraday | 0.05% | 0.02% |
HDFC securities Vs Choice Broking - Margin (Exposure)
| HDFC securities | Choice 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) | 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) |
HDFC securities Vs Choice Broking - Other Charges
| HDFC securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹0(Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% | ₹25/Lot |
| Minimum Brokerage | 0.05% | 0.02% |
HDFC securities Vs Choice Broking - STT/CTT
| HDFC securities | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
HDFC securities Vs Choice Broking - Demat transaction charges
| HDFC securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | 0.04% of transaction value (minimum ₹25) | ₹10 + GST per scrip only on sell |
HDFC securities Vs Choice Broking - GST
| HDFC securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
HDFC securities Vs Choice Broking - SEBI Charges
| HDFC securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
HDFC securities Vs Choice Broking - Features
| HDFC securities | Choice Broking | |
|---|---|---|
| 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:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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