Choice Broking Vs Trade Smart
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.
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Trade Smart - Broker Details
| Choice Broking | Trade Smart | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 1994 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE and MCX. |
| Branches | 50+ | Zero |
| Brokerage | 0.02% | 0.007% or ₹15/ Order |
| Broker Type | Full service Broker | Discount Broker |
Choice Broking Vs Trade Smart - Account Opening & AMC Charges
| Choice Broking | Trade Smart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹300 ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Choice Broking Vs Trade Smart - Brokerage charges & Plans
| Choice Broking | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.02% | 0.007% or ₹15/ Order |
| Currency Futures | 0.02% | 0.007% or ₹15/ Order |
| Equity Delivery | 0.2% | 0.07% or ₹15/ Order |
| Equity Options | ₹25/Lot | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹50/Lot | ₹7/ Lot or ₹15/ Order |
| Equity Futures | 0.02% | 0.007% or ₹15/ Order |
| Currency Options | ₹20/Lot | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | 0.02% | ₹15/ Order |
| Equity Intraday | 0.02% | 0.007% or ₹15/ Order |
Choice Broking Vs Trade Smart - Other Charges
| Choice Broking | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹750/Order |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹25/Lot | 0.007% or ₹15/ Order |
| Minimum Brokerage | 0.02% | ₹15/ Order |
Choice Broking Vs Trade Smart - Transaction Charges
| Choice Broking | Trade Smart | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.06% |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | 0.0024% |
| Equity Intraday | NSE/BSE:- 0.00345% | 0.0035% |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | 0.0715% |
| 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% | 0.0039% |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | 0.00165% |
| Equity Delivery | NSE/BSE:- 0.00345% | 0.0035% |
Choice Broking Vs Trade Smart - Margin (Exposure)
| Choice Broking | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Features
| Choice Broking | Trade Smart | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Choice Broking Vs Trade Smart - Review & Rating
| Choice Broking | Trade Smart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Trade Smart - Request a call back from Broker
| Choice Broking | Trade Smart | |
|---|---|---|
Choice Broking Vs Trade Smart - Investment Options
| Choice Broking | Trade Smart | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Choice Broking Vs Trade Smart - Order Type
| Choice Broking | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Research & Report
| Choice Broking | Trade Smart | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Choice Broking Vs Trade Smart - Daily Market Report
| Choice Broking | Trade Smart | |
|---|---|---|
| Daily Market Reports & News |
|
|
Choice Broking Vs Trade Smart - Suitable For Investor
| Choice Broking | Trade Smart | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Choice Broking Vs Trade Smart - Pros & Cons
| Choice Broking | Trade Smart | |
|---|---|---|
| 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 the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. |
| 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 call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. |
Choice Broking Vs Trade Smart - Background
| Choice Broking | Trade Smart | |
|---|---|---|
Choice Broking Vs Trade Smart - Compare All Brokers
| Choice Broking | Trade Smart | |
|---|---|---|
Choice Broking Vs Trade Smart - STT/CTT
| Choice Broking | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Demat transaction charges
| Choice Broking | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
Choice Broking Vs Trade Smart - GST
| Choice Broking | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% ( Brokerage + Transaction charges) |
Choice Broking Vs Trade Smart - SEBI Charges
| Choice Broking | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Trade Smart - Account Opening & AMC Charges
Choice Broking
Trade Smart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹300 ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Choice Broking Vs Trade Smart
| Choice Broking | Trade Smart | |
|---|---|---|
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 "+ Trade Smart |
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. |
|
|
|
|
|
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Choice Broking Vs Trade Smart - Brokerage charges & Plans
| Choice Broking | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.02% | 0.007% or ₹15/ Order |
| Currency Futures | 0.02% | 0.007% or ₹15/ Order |
| Equity Delivery | 0.2% | 0.07% or ₹15/ Order |
| Equity Options | ₹25/Lot | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹50/Lot | ₹7/ Lot or ₹15/ Order |
| Equity Futures | 0.02% | 0.007% or ₹15/ Order |
| Currency Options | ₹20/Lot | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | 0.02% | ₹15/ Order |
| Equity Intraday | 0.02% | 0.007% or ₹15/ Order |
Choice Broking Vs Trade Smart - Margin (Exposure)
| Choice Broking | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Other Charges
| Choice Broking | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | - | ₹750/Order |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹25/Lot | 0.007% or ₹15/ Order |
| Minimum Brokerage | 0.02% | ₹15/ Order |
Choice Broking Vs Trade Smart - STT/CTT
| Choice Broking | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Demat transaction charges
| Choice Broking | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹15 + Gst per scrip per day only on sell |
Choice Broking Vs Trade Smart - GST
| Choice Broking | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% ( Brokerage + Transaction charges) |
Choice Broking Vs Trade Smart - SEBI Charges
| Choice Broking | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Trade Smart - Features
| Choice Broking | Trade Smart | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|