Choice Broking Vs Paterson 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.
Paterson Securities
Paterson Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs Paterson Securities - Broker Details
| Choice Broking | Paterson Securities | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 1935 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | NSE, BSE |
| Branches | 50+ | 25 |
| Brokerage | 0.02% | 0.05% (minimum) |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Paterson Securities - Account Opening & AMC Charges
| Choice Broking | Paterson 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) | Rs. 400 + GST per annum |
| Trading Account AMC | ₹0 (Free) | NA |
Choice Broking Vs Paterson Securities - Brokerage charges & Plans
| Choice Broking | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | 0.05% (minimum) |
| Equity Delivery | 0.2% | 0.5% (minimum) |
| Equity Options | ₹25/Lot | 0.05% (minimum) |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | 0.05% (minimum) |
| Currency Options | ₹20/Lot | 0.05% (minimum) |
| Fixed Charges | 0.02% | 0.05% (minimum) |
| Equity Intraday | 0.02% | 0.05% (minimum) |
Choice Broking Vs Paterson Securities - Other Charges
| Choice Broking | Paterson Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | 0.05% (minimum) |
| Minimum Brokerage | 0.02% | 0.05% (minimum) |
Choice Broking Vs Paterson Securities - Transaction Charges
| Choice Broking | Paterson Securities | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE: 0.002% |
| Equity Intraday | NSE/BSE:- 0.00345% | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE: 0.053% |
| 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% | Commodity Futures - 0.0026% Commodity Options - 0.05% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | NSE/BSE:- 0.00345% | BSE: 0.00345% | NSE: 0.00345% |
Choice Broking Vs Paterson Securities - Margin (Exposure)
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Choice Broking Vs Paterson Securities - Features
| Choice Broking | Paterson 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 Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Choice Broking Vs Paterson Securities - Review & Rating
| Choice Broking | Paterson Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Paterson Securities - Request a call back from Broker
| Choice Broking | Paterson Securities | |
|---|---|---|
Choice Broking Vs Paterson Securities - Investment Options
| Choice Broking | Paterson 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 Paterson Securities - Order Type
| Choice Broking | Paterson Securities | |
|---|---|---|
| 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 Paterson Securities - Research & Report
| Choice Broking | Paterson Securities | |
|---|---|---|
| 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 Paterson Securities - Daily Market Report
| Choice Broking | Paterson Securities | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Paterson Securities - Suitable For Investor
| Choice Broking | Paterson 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 Paterson Securities - Pros & Cons
| Choice Broking | Paterson Securities | |
|---|---|---|
| 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. Experience and Expertise 2. Research and Analysis 3. Transparency and Integrity 4. Responsive Customer Service, 5. User-Friendly Trading Platform, 6. Customized Investment Solutions |
| 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. Limited Accessibility, 2. Lack of Personalized Investment Advice, 3. Restricted Access to Certain Markets or Investment Types, 4. Potential for Technical Glitches or Platform Outages |
Choice Broking Vs Paterson Securities - Background
| Choice Broking | Paterson Securities | |
|---|---|---|
Choice Broking Vs Paterson Securities - Compare All Brokers
| Choice Broking | Paterson Securities | |
|---|---|---|
Choice Broking Vs Paterson Securities - STT/CTT
| Choice Broking | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell side |
| 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) | 0.003% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.002% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
Choice Broking Vs Paterson Securities - Demat transaction charges
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | N/A |
Choice Broking Vs Paterson Securities - GST
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Paterson Securities - SEBI Charges
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Paterson Securities - Account Opening & AMC Charges
Choice Broking
Paterson 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)
Rs. 400 + GST per annum
Trading Account AMC
₹0 (Free)
NA
Choice Broking Vs Paterson Securities
| Choice Broking | Paterson 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 "+ Paterson Securities |
Paterson Securities Account Opening Process and Charges Detail |
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Paterson Securities
Paterson Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Choice Broking Vs Paterson Securities - Brokerage charges & Plans
| Choice Broking | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.02% | N/A |
| Currency Futures | 0.02% | 0.05% (minimum) |
| Equity Delivery | 0.2% | 0.5% (minimum) |
| Equity Options | ₹25/Lot | 0.05% (minimum) |
| Commodity Options | ₹50/Lot | N/A |
| Equity Futures | 0.02% | 0.05% (minimum) |
| Currency Options | ₹20/Lot | 0.05% (minimum) |
| Fixed Charges | 0.02% | 0.05% (minimum) |
| Equity Intraday | 0.02% | 0.05% (minimum) |
Choice Broking Vs Paterson Securities - Margin (Exposure)
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Choice Broking Vs Paterson Securities - Other Charges
| Choice Broking | Paterson Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | - | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹25/Lot | 0.05% (minimum) |
| Minimum Brokerage | 0.02% | 0.05% (minimum) |
Choice Broking Vs Paterson Securities - STT/CTT
| Choice Broking | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell side |
| 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) | 0.003% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.002% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
Choice Broking Vs Paterson Securities - Demat transaction charges
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | N/A |
Choice Broking Vs Paterson Securities - GST
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Paterson Securities - SEBI Charges
| Choice Broking | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Paterson Securities - Features
| Choice Broking | Paterson Securities | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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