Indira Securities Vs Choice Broking
Indira Securities
Indira Securities Review gives an overall view and updates about the Indira Securities Brokerage Charges, Indira Securities Margin, Indira Securities Trading Software 2024, Indira Securities Demat Account Charges and it also gives overview on Indira Securities NRI Account, Indira Securities Branches, Indira Securities Customer Complaints, Indira Securities 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.
Indira Securities Vs Choice Broking - Broker Details
| Indira Securities | Choice Broking | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1996 | 2010 |
| Exchanges | NSE, BSE, MCX. | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 70+ | 50+ |
| Brokerage | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
Indira Securities Vs Choice Broking - Account Opening & AMC Charges
| Indira Securities | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450 (2nd year onwards) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Indira Securities Vs Choice Broking - Brokerage charges & Plans
| Indira Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | 0.2% |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹25/Lot |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹50/Lot |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/Lot |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
Indira Securities Vs Choice Broking - Other Charges
| Indira Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Indira Securities Vs Choice Broking - Transaction Charges
| Indira Securities | Choice Broking | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Non-Agri: ₹260/Cr (0.0026%) | Agri: ₹600/Cr (0.006%) | 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 | NSE ₹120/Cr (0.0012%) | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | NSE/BSE:- 0.00345% |
Indira Securities Vs Choice Broking - Margin (Exposure)
| Indira 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) |
Indira Securities Vs Choice Broking - Features
| Indira Securities | Choice Broking | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Indira Securities Vs Choice Broking - Review & Rating
| Indira Securities | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Indira Securities Vs Choice Broking - Request a call back from Broker
| Indira Securities | Choice Broking | |
|---|---|---|
Indira Securities Vs Choice Broking - Investment Options
| Indira Securities | Choice Broking | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Indira Securities Vs Choice Broking - Order Type
| Indira Securities | Choice Broking | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Indira Securities Vs Choice Broking - Research & Report
| Indira Securities | Choice Broking | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Indira Securities Vs Choice Broking - Daily Market Report
| Indira Securities | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
|
|
Indira Securities Vs Choice Broking - Suitable For Investor
| Indira Securities | Choice Broking | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Indira Securities Vs Choice Broking - Pros & Cons
| Indira Securities | Choice Broking | |
|---|---|---|
| Pros | 1.Full-service broker offering discount brokerage plan. 2.Offers ODIN as trading platform. 3.No charges for Call & Trade and Auto Square-off. 4.Relationship manager even for online customers | 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.Doesn't offer NRI trading account. 2. It does not provide 3 in 1 account. 3.It does not offer monthly unlimited trading plans. | 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. |
Indira Securities Vs Choice Broking - Background
| Indira Securities | Choice Broking | |
|---|---|---|
Indira Securities Vs Choice Broking - Compare All Brokers
| Indira Securities | Choice Broking | |
|---|---|---|
Indira Securities Vs Choice Broking - STT/CTT
| Indira Securities | Choice Broking | |
|---|---|---|
| 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 buy & 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 | 0.05% on sell side |
Indira Securities Vs Choice Broking - Demat transaction charges
| Indira Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Indira Securities Vs Choice Broking - GST
| Indira Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Indira Securities Vs Choice Broking - SEBI Charges
| Indira Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Indira Securities Vs Choice Broking - Account Opening & AMC Charges
Indira Securities
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450 (2nd year onwards)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Indira Securities Vs Choice Broking
| Indira Securities | Choice Broking | |
|---|---|---|
Indira Securities Review | Brokerage Charges, Account Opening‘Gateway to Prosperity’ is the tagline of the Indira Securities Private Limited which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which a .. + " Vs "+ Choice Broking |
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 .. |
|
|
|
|
|
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.
Indira Securities Vs Choice Broking - Brokerage charges & Plans
| Indira Securities | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | 0.2% |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹25/Lot |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹50/Lot |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/Lot |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.02% |
Indira Securities Vs Choice Broking - Margin (Exposure)
| Indira 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) |
Indira Securities Vs Choice Broking - Other Charges
| Indira Securities | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Indira Securities Vs Choice Broking - STT/CTT
| Indira Securities | Choice Broking | |
|---|---|---|
| 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 buy & 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 | 0.05% on sell side |
Indira Securities Vs Choice Broking - Demat transaction charges
| Indira Securities | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹10 + GST per scrip only on sell |
Indira Securities Vs Choice Broking - GST
| Indira Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Indira Securities Vs Choice Broking - SEBI Charges
| Indira Securities | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Indira Securities Vs Choice Broking - Features
| Indira Securities | Choice Broking | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|