Choice Broking Vs HDFC securities
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
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 Vs HDFC securities - Broker Details
| Choice Broking | HDFC securities | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 2000 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE and MCX |
| Branches | 50+ | 260+ |
| Brokerage | 0.02% | 0.05% |
| Broker Type | Full service Broker | Full service Broker |
Choice Broking Vs HDFC securities - Account Opening & AMC Charges
| Choice Broking | HDFC securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs HDFC securities - Brokerage charges & Plans
| Choice Broking | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.02% | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order |
| Currency Futures | 0.02% | ₹23/Contract |
| Equity Delivery | 0.2% | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Equity Options | ₹25/Lot | ₹100/Lot (Both Buy & Sell) |
| Commodity Options | ₹50/Lot | ₹100/Lot |
| Equity Futures | 0.02% | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Currency Options | ₹20/Lot | ₹20/Contract |
| Fixed Charges | 0.02% | N/A |
| Equity Intraday | 0.02% | 0.05% |
Choice Broking Vs HDFC securities - Other Charges
| Choice Broking | HDFC securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0(Free) |
| Other Brokerage Charges | ₹25/Lot | 0.05% |
| Minimum Brokerage | 0.02% | 0.05% |
Choice Broking Vs HDFC securities - Transaction Charges
| Choice Broking | HDFC securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.040% (On premium) |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.00190% |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.00325% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.050% (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% | 0.00110% |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.00325% |
Choice Broking Vs HDFC securities - Margin (Exposure)
| Choice Broking | HDFC securities | |
|---|---|---|
| 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 HDFC securities - Features
| Choice Broking | HDFC securities | |
|---|---|---|
| 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 & F&O:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs HDFC securities - Review & Rating
| Choice Broking | HDFC securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs HDFC securities - Request a call back from Broker
| Choice Broking | HDFC securities | |
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Choice Broking Vs HDFC securities - Investment Options
| Choice Broking | HDFC securities | |
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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 HDFC securities - Order Type
| Choice Broking | HDFC securities | |
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| 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 HDFC securities - Research & Report
| Choice Broking | HDFC securities | |
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| 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 HDFC securities - Daily Market Report
| Choice Broking | HDFC securities | |
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| Daily Market Reports & News |
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Choice Broking Vs HDFC securities - Suitable For Investor
| Choice Broking | HDFC securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs HDFC securities - Pros & Cons
| Choice Broking | HDFC securities | |
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| 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 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. |
| 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. 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. |
Choice Broking Vs HDFC securities - Background
| Choice Broking | HDFC securities | |
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Choice Broking Vs HDFC securities - Compare All Brokers
| Choice Broking | HDFC securities | |
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Choice Broking Vs HDFC securities - STT/CTT
| Choice Broking | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| 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 | 0.05% on sell trade |
Choice Broking Vs HDFC securities - Demat transaction charges
| Choice Broking | HDFC securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | 0.04% of transaction value (minimum ₹25) |
Choice Broking Vs HDFC securities - GST
| Choice Broking | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs HDFC securities - SEBI Charges
| Choice Broking | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs HDFC securities - Account Opening & AMC Charges
Choice Broking
HDFC securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs HDFC securities
| Choice Broking | HDFC securities | |
|---|---|---|
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 "+ HDFC securities |
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
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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 Vs HDFC securities - Brokerage charges & Plans
| Choice Broking | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.02% | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order |
| Currency Futures | 0.02% | ₹23/Contract |
| Equity Delivery | 0.2% | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Equity Options | ₹25/Lot | ₹100/Lot (Both Buy & Sell) |
| Commodity Options | ₹50/Lot | ₹100/Lot |
| Equity Futures | 0.02% | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Currency Options | ₹20/Lot | ₹20/Contract |
| Fixed Charges | 0.02% | N/A |
| Equity Intraday | 0.02% | 0.05% |
Choice Broking Vs HDFC securities - Margin (Exposure)
| Choice Broking | HDFC securities | |
|---|---|---|
| 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 HDFC securities - Other Charges
| Choice Broking | HDFC securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | - | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0(Free) |
| Other Brokerage Charges | ₹25/Lot | 0.05% |
| Minimum Brokerage | 0.02% | 0.05% |
Choice Broking Vs HDFC securities - STT/CTT
| Choice Broking | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| 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 | 0.05% on sell trade |
Choice Broking Vs HDFC securities - Demat transaction charges
| Choice Broking | HDFC securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | 0.04% of transaction value (minimum ₹25) |
Choice Broking Vs HDFC securities - GST
| Choice Broking | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs HDFC securities - SEBI Charges
| Choice Broking | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs HDFC securities - Features
| Choice Broking | HDFC securities | |
|---|---|---|
| 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 |
|
|
| 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 & F&O:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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