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Comparision (Reliance Securities VS Choice Broking)

 

Reliance Securities Vs Choice Broking

Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2021 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Reliance Securities Vs Choice Broking - Broker Details

Reliance Securities Choice Broking
Single Margin Facility
Year of Incorporation 2005 2010
Exchanges NSE, BSE&MCX-SX, NCDEX, NMCE NSE, BSE, MCX, NCDEX, and ICEX.
Branches 1460+ 50+
Brokerage 0.04% 0.2%
Broker Type Full service Broker Full service Broker
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Reliance Securities Vs Choice Broking - Account Opening & AMC Charges

Reliance Securities Choice Broking
Trading Account Opening Charge Rs.0 (Free)
Demat Account Opening Charge Rs.0 (Free)
Demat Account AMC 2500/- life time free ₹200 (1st year AMC free)
Trading Account AMC 2500/- life time free Rs.0 (Free)
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Reliance Securities Vs Choice Broking - Brokerage charges & Plans

Reliance Securities Choice Broking
Commodity Futures 0.04% 0.02%
Currency Futures 0.04% 0.02%
Equity Delivery 0.4% 0.2%
Equity Options Rs.100 per lot ₹25 per lot
Commodity Options Rs.100 per lot ₹50 per lot
Equity Futures 0.04% 0.02%
Currency Options Rs.100 per lot ₹20 per lot
Fixed Charges 0.04% -
Equity Intraday 0.4% 0.02%
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Reliance Securities Vs Choice Broking - Other Charges

Reliance Securities Choice Broking
RMS Square Off Charge -
API Charges Does not provide API
Call & Trade Charges Rs. 20 per order.
Other Brokerage Charges 0.04% ₹25 per lot
Minimum Brokerage 0.04% 0.02%
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Reliance Securities Vs Choice Broking - Transaction Charges

Reliance Securities Choice Broking
Currency Options NSE: 0.04174% NSE: Exchange txn Charge: 0.04%
Equity Futures NSE: 0.0009% BSE: 0.0005% NSE: Exchange Transaction Charge: 0.0019% & Clearing charge: 0.0005%
Equity Intraday NSE: 0.0032% BSE: 0.003% NSE: 0.00325%; BSE: Flat rate per trade ₹1.50 & Clearing charge ₹0.01 per trade.
Equity Options NSE: 0.05% BSE: 0.0005% (On premium) NSE: Exchange Transaction Charge 0.05%
Commodity Group A: 0.0026% PEPPER - 0.00005% CASTORSEED – 0.0005% RBDPMOLEIN – 0.001% Non-Agri: Exchange txn Charge: 0.0026% & Clearing Charge: 0.0003%; Agri: Exchange txn charge: 0.00175% & Clearing Charge: 0.0003%
Currency Futures NSE: 0.0009% NSE: Exchange txn charge: 0.0009%
Equity Delivery NSE: 0.0032% BSE: 0.00275% NSE: 0.00325%; BSE: Flat rate per trade ₹1.50 & Clearing charge ₹0.01 per trade.
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Reliance Securities Vs Choice Broking - Margin (Exposure)

Reliance Securities Choice Broking
Equity Options Nil Up to 2 times
Equity Intraday Up to 10 times 10 times
Currency Options Up to 2 times
Commodity Options NA Up to 2 times
Commodity Futures NA Up to 3 times
Equity Delivery Up to 3 times with 21% interest per year 1x (no margin)
Currency Futures Nil Up to 2 times
Equity Futures Up to 3 times Up to 3 times
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Reliance Securities Vs Choice Broking - Features

Reliance 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 3:15
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund
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Reliance Securities Vs Choice Broking - Review & Rating

Reliance Securities Choice Broking
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
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Reliance Securities Vs Choice Broking - Request a call back from Broker

Reliance Securities Choice Broking
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Reliance Securities Vs Choice Broking - Investment Options

Reliance Securities Choice Broking
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Reliance Securities Vs Choice Broking - Order Type

Reliance Securities Choice Broking
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Reliance Securities Vs Choice Broking - Research & Report

Reliance Securities Choice Broking
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Reliance Securities Vs Choice Broking - Daily Market Report

Reliance Securities Choice Broking
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Reliance Securities Vs Choice Broking - Suitable For Investor

Reliance Securities Choice Broking
Casual Investor
Active Investor
Trader
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Reliance Securities Vs Choice Broking - Pros & Cons

Reliance Securities Choice Broking
Pros 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum 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. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. 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.
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Reliance Securities Vs Choice Broking - Background

Reliance Securities Choice Broking
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Reliance Securities Vs Choice Broking - Compare All Brokers

Reliance Securities Choice Broking
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Reliance Securities Vs Choice Broking - Account Opening & AMC Charges

Reliance Securities
Choice Broking
Trading Account Opening Charge
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
Demat Account AMC
2500/- life time free
₹200 (1st year AMC free)
Trading Account AMC
2500/- life time free
Rs.0 (Free)

Reliance Securities Vs Choice Broking

Reliance Securities Choice Broking
 

Reliance Securities NRI Account Opening, Charges, Services Review

A Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to th ..
+ " Vs "+ Choice Broking

Choice Broking NRI Account Opening, Charges, Services Review

Choice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and was incorporated in 2010. This is a subsidiary of a publicly listed financial service provider organisation named as Choice International Limited. It was formerly providing tis financial services since 1993.
 
 

Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2021 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Reliance Securities Vs Choice Broking - Brokerage charges & Plans

Reliance Securities Choice Broking
Commodity Futures 0.04% 0.02%
Currency Futures 0.04% 0.02%
Equity Delivery 0.4% 0.2%
Equity Options Rs.100 per lot ₹25 per lot
Commodity Options Rs.100 per lot ₹50 per lot
Equity Futures 0.04% 0.02%
Currency Options Rs.100 per lot ₹20 per lot
Fixed Charges 0.04% -
Equity Intraday 0.4% 0.02%
Enquiry with Reliance Securities   Open Account Enquiry with Choice Broking   Open Account

Reliance Securities Vs Choice Broking - Margin (Exposure)

Reliance Securities Choice Broking
Equity Options Nil Up to 2 times
Equity Intraday Up to 10 times 10 times
Currency Options Up to 2 times
Commodity Options NA Up to 2 times
Commodity Futures NA Up to 3 times
Equity Delivery Up to 3 times with 21% interest per year 1x (no margin)
Currency Futures Nil Up to 2 times
Equity Futures Up to 3 times Up to 3 times
Enquiry with Reliance Securities   Open Account Enquiry with Choice Broking   Open Account

Reliance Securities Vs Choice Broking - Other Charges

Reliance Securities Choice Broking
RMS Square Off Charge -
API Charges Does not provide API
Call & Trade Charges Rs. 20 per order.
Other Brokerage Charges 0.04% ₹25 per lot
Minimum Brokerage 0.04% 0.02%
Enquiry with Reliance Securities   Open Account Enquiry with Choice Broking   Open Account

Reliance Securities Vs Choice Broking - Features

Reliance 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 3:15
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Reliance Securities   Open Account Enquiry with Choice Broking   Open Account

Reliance Securities

Choice Broking