Parim Finserv Vs Choice Broking
Parim Finserv
Parim Finserv 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.
Parim Finserv Vs Choice Broking - Broker Details
| Parim Finserv | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | N/A | 2010 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 146 | 50+ |
| Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.02% |
| Broker Type | Discount Broker | Full service Broker |
Parim Finserv Vs Choice Broking - Account Opening & AMC Charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account AMC | ₹1375/- Lifetime AMC | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | NA | ₹0 (Free) |
Parim Finserv Vs Choice Broking - Brokerage charges & Plans
| Parim Finserv | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.02% |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.2% |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹25/Lot |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹50/Lot |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.02% |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹20/Lot |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.02% |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.02% |
Parim Finserv Vs Choice Broking - Other Charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹25/Lot |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.02% |
Parim Finserv Vs Choice Broking - Transaction Charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE: 0.0019% | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE/BSE:- 0.00345% |
| Equity Options | NSE: 0.050% | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 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: Exchange txn charge: 0.0009% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE/BSE:- 0.00345% |
Parim Finserv Vs Choice Broking - Margin (Exposure)
| Parim Finserv | Choice Broking | |
|---|---|---|
| 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) |
Parim Finserv Vs Choice Broking - Features
| Parim Finserv | Choice Broking | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Parim Finserv Vs Choice Broking - Review & Rating
| Parim Finserv | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Parim Finserv Vs Choice Broking - Request a call back from Broker
| Parim Finserv | Choice Broking | |
|---|---|---|
Parim Finserv Vs Choice Broking - Investment Options
| Parim Finserv | Choice Broking | |
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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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Parim Finserv Vs Choice Broking - Order Type
| Parim Finserv | Choice Broking | |
|---|---|---|
| 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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Parim Finserv Vs Choice Broking - Research & Report
| Parim Finserv | Choice Broking | |
|---|---|---|
| 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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Parim Finserv Vs Choice Broking - Daily Market Report
| Parim Finserv | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Parim Finserv Vs Choice Broking - Suitable For Investor
| Parim Finserv | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Parim Finserv Vs Choice Broking - Pros & Cons
| Parim Finserv | Choice Broking | |
|---|---|---|
| Pros | 1. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. | 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. | 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. |
Parim Finserv Vs Choice Broking - Background
| Parim Finserv | Choice Broking | |
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Parim Finserv Vs Choice Broking - Compare All Brokers
| Parim Finserv | Choice Broking | |
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Parim Finserv Vs Choice Broking - STT/CTT
| Parim Finserv | 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 | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
Parim Finserv Vs Choice Broking - Demat transaction charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
Parim Finserv Vs Choice Broking - GST
| Parim Finserv | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Parim Finserv Vs Choice Broking - SEBI Charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Parim Finserv Vs Choice Broking - Account Opening & AMC Charges
Parim Finserv
Choice Broking
Trading Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account AMC
₹1375/- Lifetime AMC
₹200+GST ( 2nd Year onwards)
Trading Account AMC
NA
₹0 (Free)
Parim Finserv Vs Choice Broking
| Parim Finserv | Choice Broking | |
|---|---|---|
Parim Finserve Account Opening Charges |
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 .. |
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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.
Parim Finserv Vs Choice Broking - Brokerage charges & Plans
| Parim Finserv | Choice Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.02% |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.02% |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.2% |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹25/Lot |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹50/Lot |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.02% |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹20/Lot |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.02% |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.02% |
Parim Finserv Vs Choice Broking - Margin (Exposure)
| Parim Finserv | Choice Broking | |
|---|---|---|
| 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) |
Parim Finserv Vs Choice Broking - Other Charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹0 (Free) |
| API Charges | N/A | - |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹25/Lot |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.02% |
Parim Finserv Vs Choice Broking - STT/CTT
| Parim Finserv | 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 | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and 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 |
Parim Finserv Vs Choice Broking - Demat transaction charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
Parim Finserv Vs Choice Broking - GST
| Parim Finserv | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Parim Finserv Vs Choice Broking - SEBI Charges
| Parim Finserv | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Parim Finserv Vs Choice Broking - Features
| Parim Finserv | Choice Broking | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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