Chittorgarh.com Logo
Loading...

Choice Broking Vs Alice Blue NRI Account Comparison

The side-by-side comparison of Choice Broking and Alice Blue NRI Account. Compare Choice Broking Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and Choice Broking NRI Account reviews.

Find out Choice Broking Vs Alice Blue which is better NRI Trading Account. See Choice Broking Vs Alice Blue which is best NRI Demat Account.

Our Choice Equity Broking Private Limited comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Choice Broking and Alice Blue NRI Account.

Expand

Choice Broking Vs Alice Blue

  Choice Broking Alice Blue
 
  Choice Equity Broking Private Limited Logo Alice Blue Financial Services Logo
About the Broker Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NR... Know more about Choice Equity Broking Private Limited Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with... Know more about Alice Blue Financial Services
Account Type NRI Trading NA
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Expand

Choice Broking Vs Alice Blue Charges

  Choice Broking Alice Blue
NRI Account Opening Fees ₹0 NA
NRI Account AMC ₹0 NA
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 200 or as per plan. (1st year AMC free) Rs 400
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Alice Blue Account

Expand

Choice Broking Vs Alice Blue NRI Account Brokerage Comparison

Account Type Choice Broking NRI Trading Alice Blue NA
Equity Delivery 0.50% NA
Equity Futures 0.03% NA
Equity Options ₹100 per lot NA
Open Alice Blue Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat Account AMC - ₹200 per year NA
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
Expand

Choice Broking Vs Alice Blue NRI Account Taxes/Fees

  Choice Broking Alice Blue
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

Expand

Choice Broking Vs Alice Blue NRI Account Margin

  Choice Broking Margin Alice Blue Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


Expand

Choice Broking and Alice Blue NRI Account Features

  Choice Broking Alice Blue
3-in-1 Account No No
Automated Trading No
Free Research And Tips Yes No
Other Features
Open Alice Blue Account

Expand

Choice Broking Vs Alice Blue NRI Account Review

  Choice Broking Review Alice Blue Review
  12 Customer Reviews    Rate Choice Broking 37 Customer Reviews    Rate Alice Blue
Fees 4.3 3.7
Brokerage 3.6 3.7
Trading Platform 3.7 3.4
Customer Service 3.4 3.0
Overall Rating Rated 3.5 stars Rated 3.2 stars
Broker Rating Choice Broking is Rated 3.5 / 5 based on 12 customer reviews Alice Blue is Rated 3.2 / 5 based on 37 customer reviews
Open Alice Blue Account

Expand

Contact Broker / Request A Call Back

  Choice Broking Enquire Alice Blue Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
*

Choice Broking Vs Alice Blue NRI Investment Options

  Choice Broking Alice Blue
Stocks Yes No
Initial Public Offers (IPO) No No
Mutual Funds Yes No
Other Investment Options

Expand

Choice Broking Vs Alice Blue NRI Customer Service

  Choice Broking Alice Blue
Customer Care Number 022-67079903, 9819545987
Customer Care Email nri@choiceindia.com
Open Alice Blue Account

Expand

Choice Broking Vs Alice Blue Order Type Offered for NRI Account

  Choice Broking Alice Blue
Bracket Order Yes No
Cover Order Yes No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No

Expand

Choice Broking Vs Alice Blue - NRI Account Advantages and Disadvantages

  Choice Broking Alice Blue
Pros
  • Free account opening.
  • Advisory services with access to a wide range of research reports.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Dedicated relationship manager.
Cons
  • Higher brokerage charges when compared to other discount brokers.
  • Do not offer 3-in-1 account services.
  • Do not provide an online account opening facility.
  • Alice Blue does not offer NRI trading and demat account.
Conclusion

Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses.

Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Alice Blue Special Offer

Free Equity Delivery Trade

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Alice Blue Account

Comments

Add a public comment...

Compare More Brokers: