Choice Broking Vs Groww
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.
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Groww - Broker Details
| Choice Broking | Groww | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 2016 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE and BSE. |
| Branches | 50+ | Zero |
| Brokerage | 0.02% | ₹20/ Order |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Groww - Account Opening & AMC Charges
| Choice Broking | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Groww - Brokerage charges & Plans
| Choice Broking | Groww | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | N/A |
| Equity Delivery | 0.2% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹25/Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/Lot | N/A |
| Fixed Charges | 0.02% | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/ Order or 0.05% (whichever is lower) |
Choice Broking Vs Groww - Other Charges
| Choice Broking | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹25/Lot | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs Groww - Transaction Charges
| Choice Broking | Groww | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | N/A |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE:- 0.002% |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 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% | N/A |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | N/A |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE:- 0.00345% | BSE:-0.00345% |
Choice Broking Vs Groww - Margin (Exposure)
| Choice Broking | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
Choice Broking Vs Groww - Features
| Choice Broking | Groww | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Choice Broking Vs Groww - Review & Rating
| Choice Broking | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Choice Broking Vs Groww - Request a call back from Broker
| Choice Broking | Groww | |
|---|---|---|
Choice Broking Vs Groww - Investment Options
| Choice Broking | Groww | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Choice Broking Vs Groww - Order Type
| Choice Broking | Groww | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Choice Broking Vs Groww - Research & Report
| Choice Broking | Groww | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Choice Broking Vs Groww - Daily Market Report
| Choice Broking | Groww | |
|---|---|---|
| Daily Market Reports & News |
|
|
Choice Broking Vs Groww - Suitable For Investor
| Choice Broking | Groww | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Choice Broking Vs Groww - Pros & Cons
| Choice Broking | Groww | |
|---|---|---|
| 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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. |
| 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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. |
Choice Broking Vs Groww - Background
| Choice Broking | Groww | |
|---|---|---|
Choice Broking Vs Groww - Compare All Brokers
| Choice Broking | Groww | |
|---|---|---|
Choice Broking Vs Groww - STT/CTT
| Choice Broking | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Choice Broking Vs Groww - Demat transaction charges
| Choice Broking | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
Choice Broking Vs Groww - GST
| Choice Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% ( Brokerage + Transaction charges) |
Choice Broking Vs Groww - SEBI Charges
| Choice Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs Groww - Account Opening & AMC Charges
Choice Broking
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Groww
| Choice Broking | Groww | |
|---|---|---|
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 "+ Groww |
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. |
|
|
|
|
|
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Choice Broking Vs Groww - Brokerage charges & Plans
| Choice Broking | Groww | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | N/A |
| Equity Delivery | 0.2% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹25/Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/Lot | N/A |
| Fixed Charges | 0.02% | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Choice Broking Vs Groww - Margin (Exposure)
| Choice Broking | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
Choice Broking Vs Groww - Other Charges
| Choice Broking | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹25/Lot | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs Groww - STT/CTT
| Choice Broking | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Choice Broking Vs Groww - Demat transaction charges
| Choice Broking | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
Choice Broking Vs Groww - GST
| Choice Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% ( Brokerage + Transaction charges) |
Choice Broking Vs Groww - SEBI Charges
| Choice Broking | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Choice Broking Vs Groww - Features
| Choice Broking | Groww | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|