Sernet Financial Vs Choice Broking
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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.
Sernet Financial Vs Choice Broking - Broker Details
| Sernet Financial | Choice Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2010 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | NA | 50+ |
| Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Broker Type | Full Service Broker | Full service Broker |
Sernet Financial Vs Choice Broking - Account Opening & AMC Charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account AMC | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹0 (Free) |
Sernet Financial Vs Choice Broking - Brokerage charges & Plans
| Sernet Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | 0.2% |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹25/Lot |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹50/Lot |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/Lot |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
Sernet Financial Vs Choice Broking - Other Charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20 per Order | ₹0 (Free) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹25/Lot |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
Sernet Financial Vs Choice Broking - Transaction Charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | 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 | NSE: 0.00325% | BSE: 0.00325% | NSE/BSE:- 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | Exchange txn charge: 0.05% | 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% | BSE – Exchange txn charge: 0.00022% | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | NSE/BSE:- 0.00345% |
Sernet Financial Vs Choice Broking - Margin (Exposure)
| Sernet Financial | 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 (no margin) | 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) |
Sernet Financial Vs Choice Broking - Features
| Sernet Financial | 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 | 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | 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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Sernet Financial Vs Choice Broking - Review & Rating
| Sernet Financial | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Sernet Financial Vs Choice Broking - Request a call back from Broker
| Sernet Financial | Choice Broking | |
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Sernet Financial Vs Choice Broking - Investment Options
| Sernet Financial | 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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Sernet Financial Vs Choice Broking - Order Type
| Sernet Financial | 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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Sernet Financial Vs Choice Broking - Research & Report
| Sernet Financial | 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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Sernet Financial Vs Choice Broking - Daily Market Report
| Sernet Financial | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Sernet Financial Vs Choice Broking - Suitable For Investor
| Sernet Financial | Choice Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sernet Financial Vs Choice Broking - Pros & Cons
| Sernet Financial | Choice Broking | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. | 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. | 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. |
Sernet Financial Vs Choice Broking - Background
| Sernet Financial | Choice Broking | |
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Sernet Financial Vs Choice Broking - Compare All Brokers
| Sernet Financial | Choice Broking | |
|---|---|---|
Sernet Financial Vs Choice Broking - STT/CTT
| Sernet Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Sernet Financial Vs Choice Broking - Demat transaction charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | ₹10 + GST per scrip only on sell |
Sernet Financial Vs Choice Broking - GST
| Sernet Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Sernet Financial Vs Choice Broking - SEBI Charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Choice Broking - Account Opening & AMC Charges
Sernet Financial
Choice Broking
Trading Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account AMC
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹0 (Free)
Sernet Financial Vs Choice Broking
| Sernet Financial | Choice Broking | |
|---|---|---|
Sernet Financial Account Opening Process and Charges Details |
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.
Sernet Financial Vs Choice Broking - Brokerage charges & Plans
| Sernet Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | 0.2% |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹25/Lot |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹50/Lot |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹20/Lot |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
Sernet Financial Vs Choice Broking - Margin (Exposure)
| Sernet Financial | 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 (no margin) | 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) |
Sernet Financial Vs Choice Broking - Other Charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | - |
| Call & Trade Charges | ₹20 per Order | ₹0 (Free) |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹25/Lot |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | 0.02% |
Sernet Financial Vs Choice Broking - STT/CTT
| Sernet Financial | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Sernet Financial Vs Choice Broking - Demat transaction charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | ₹10 + GST per scrip only on sell |
Sernet Financial Vs Choice Broking - GST
| Sernet Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Sernet Financial Vs Choice Broking - SEBI Charges
| Sernet Financial | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Choice Broking - Features
| Sernet Financial | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
|
| Charting |
|
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| 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | 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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