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Comparision (Navkar Direct VS Choice Broking)

 

Navkar Direct Vs Choice Broking

Navkar Direct
Navkar Direct Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints


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.

Navkar Direct Vs Choice Broking - Broker Details

Navkar Direct Choice Broking
Single Margin Facility
Year of Incorporation 1999 2010
Exchanges BSE, NSE, MCX and NCDEX NSE, BSE, MCX, NCDEX, and ICEX.
Branches N/A 50+
Brokerage ₹20 per order 0.02%
Broker Type Discount Broker Full service Broker

Navkar Direct Vs Choice Broking - Account Opening & AMC Charges

Navkar Direct Choice Broking
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹300 per year (Individual account) ₹1200 per year (Corporate Account) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹200+GST ( 2nd Year onwards)
Trading Account AMC N/A ₹0 (Free)

Navkar Direct Vs Choice Broking - Brokerage charges & Plans

Navkar Direct Choice Broking
Commodity Futures ₹20 per order 0.02%
Currency Futures ₹20 per order 0.02%
Equity Delivery ₹20 per order 0.2%
Equity Options ₹20 per order ₹25/Lot
Commodity Options ₹20 per order ₹50/Lot
Equity Futures ₹20 per order 0.02%
Currency Options ₹20 per order ₹20/Lot
Fixed Charges ₹20 per order 0.02%
Equity Intraday ₹20 per order 0.02%

Navkar Direct Vs Choice Broking - Other Charges

Navkar Direct Choice Broking
RMS Square Off Charge ₹20 per order ₹0 (Free)
API Charges ₹0 (Free) -
Call & Trade Charges ₹20 per order ₹0 (Free)
Other Brokerage Charges ₹20 per order ₹25/Lot
Minimum Brokerage ₹20 per order 0.02%

Navkar Direct Vs Choice Broking - Transaction Charges

Navkar Direct Choice Broking
Currency Options NSE: 0.035 % And | BSE: 0.001% On Options Premium Value NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Futures NSE: 0.00195% on total turnover value NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005%
Equity Intraday NSE - 0.00325% | BSE- 0.00375% NSE/BSE:- 0.00345%
Equity Options NSE: 0.053% on premium value NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002%
Commodity Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN 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%
Currency Futures NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Delivery NSE - 0.00325% | BSE- 0.00375% NSE/BSE:- 0.00345%

Navkar Direct Vs Choice Broking - Margin (Exposure)

Navkar Direct Choice Broking
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 6x (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)

Navkar Direct Vs Choice Broking - Features

Navkar Direct 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 Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

Navkar Direct Vs Choice Broking - Review & Rating

Navkar Direct Choice Broking
Trading Brokerage 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Navkar Direct Vs Choice Broking - Request a call back from Broker

Navkar Direct Choice Broking

Navkar Direct Vs Choice Broking - Investment Options

Navkar Direct Choice Broking
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Navkar Direct Vs Choice Broking - Order Type

Navkar Direct Choice Broking
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Navkar Direct Vs Choice Broking - Research & Report

Navkar Direct Choice Broking
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Navkar Direct Vs Choice Broking - Daily Market Report

Navkar Direct Choice Broking
Daily Market Reports & News

Navkar Direct Vs Choice Broking - Suitable For Investor

Navkar Direct Choice Broking
Casual Investor
Active Investor
Trader

Navkar Direct Vs Choice Broking - Pros & Cons

Navkar Direct Choice Broking
Pros 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing 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. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, 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.

Navkar Direct Vs Choice Broking - Background

Navkar Direct Choice Broking

Navkar Direct Vs Choice Broking - Compare All Brokers

Navkar Direct Choice Broking

Navkar Direct Vs Choice Broking - STT/CTT

Navkar Direct Choice Broking
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% on the Sell Side
Equity Options 0.0625% on sell side (on premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both Buy and Sell
Equity Futures 0.0125% on sell side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Navkar Direct Vs Choice Broking - Demat transaction charges

Navkar Direct Choice Broking
Equity Demat Transaction Charges ₹20 per order ₹10 + GST per scrip only on sell

Navkar Direct Vs Choice Broking - GST

Navkar Direct Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charges + Clearing Charges)

Navkar Direct Vs Choice Broking - SEBI Charges

Navkar Direct Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Navkar Direct Vs Choice Broking - Account Opening & AMC Charges

Navkar Direct
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 per year (Individual account) ₹1200 per year (Corporate Account)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
N/A
₹0 (Free)
 

Navkar Direct Vs Choice Broking

Navkar Direct Choice Broking
 

Navkar Direct Account Opening Process and Charge Details 2024

Read more..

Choice Broking Review | Brokerage Charges, Account Opening


Choice 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 ..
 
 

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.

Navkar Direct Vs Choice Broking - Brokerage charges & Plans

Navkar Direct Choice Broking
Commodity Futures ₹20 per order 0.02%
Currency Futures ₹20 per order 0.02%
Equity Delivery ₹20 per order 0.2%
Equity Options ₹20 per order ₹25/Lot
Commodity Options ₹20 per order ₹50/Lot
Equity Futures ₹20 per order 0.02%
Currency Options ₹20 per order ₹20/Lot
Fixed Charges ₹20 per order 0.02%
Equity Intraday ₹20 per order 0.02%

Navkar Direct Vs Choice Broking - Margin (Exposure)

Navkar Direct Choice Broking
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 6x (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)

Navkar Direct Vs Choice Broking - Other Charges

Navkar Direct Choice Broking
RMS Square Off Charge ₹20 per order ₹0 (Free)
API Charges ₹0 (Free) -
Call & Trade Charges ₹20 per order ₹0 (Free)
Other Brokerage Charges ₹20 per order ₹25/Lot
Minimum Brokerage ₹20 per order 0.02%

Navkar Direct Vs Choice Broking - STT/CTT

Navkar Direct Choice Broking
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% on the Sell Side
Equity Options 0.0625% on sell side (on premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both Buy and Sell
Equity Futures 0.0125% on sell side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Navkar Direct Vs Choice Broking - Demat transaction charges

Navkar Direct Choice Broking
Equity Demat Transaction Charges ₹20 per order ₹10 + GST per scrip only on sell

Navkar Direct Vs Choice Broking - GST

Navkar Direct Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charges + Clearing Charges)

Navkar Direct Vs Choice Broking - SEBI Charges

Navkar Direct Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Navkar Direct Vs Choice Broking - Features

Navkar Direct 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 Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

Navkar Direct

Choice Broking