The side-by-side comparison of 5paisa and Choice Broking. Compare 5paisa Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best 5paisa vs Choice Broking?
5paisa
5paisa is a leading stockbroker in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa.com started operations in March 2016 and became 2nd largest discount stock broker in India by Dec 2018. It is listed on BSE and NSE.
5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges flat 20 Rs brokerage irrespective of the size of the trade, segment or e...
Choice Broking
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993.
Choice Broking offers online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, wealth management, Portfolio management, Insuran...
Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 2010, Choice Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, ICDEX. It has 50 branches across India.
5paisa | Choice Broking | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | NSE, BSE | BSE, NSE, MCX, NCDEX, ICDEX |
Account Type | Optimum | Standard Plan |
Year of Incorporation | 1996 | 2010 |
Number of Branches | 900 | 50 |
Broker Enquiry |
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Enquire 5paisa | Enquire Choice Broking |
5paisa trading account opening charges is Rs 0 while Choice Broking account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 540 (charged as Rs 45 per traded month) and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).
5paisa | Choice Broking | |
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Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 540 (charged as Rs 45 per traded month) | Rs 200 or as per plan. (1st year AMC free) |
5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
5paisa | Choice Broking | |
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Account Type | Optimum | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 20 per executed order | 0.20% |
Equity Intraday Brokerage | Rs 20 per executed order | 0.02% |
Equity Futures Brokerage | Rs 20 per executed order | 0.02% |
Equity Options Brokerage | Rs 20 per executed order | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order | 0.02% |
Currency Options Trading Brokerage | Rs 20 per executed order | Rs 20 per lot |
Commodity Futures Trading Brokerage | Rs 20 per executed order | 0.02% |
Commodity Options Trading Brokerage | Rs 20 per executed order | Rs 50 per lot |
Special Offer | Special Offer: |
5paisa | Choice Broking | |
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Account Type | Platinum | Standard Plan |
Fixed Charges | Rs 499 per month | |
Equity Delivery Brokerage | Rs 10 per executed order | 0.20% |
Equity Intraday Brokerage | Rs 10 per executed order | 0.02% |
Equity Futures Brokerage | Rs 10 per executed order | 0.02% |
Equity Options Brokerage | Rs 2 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 10 per executed order | 0.02% |
Currency Options Trading Brokerage | Rs 10 per executed order | Rs 20 per lot |
Commodity Futures Trading Brokerage | Rs 10 per executed order | 0.02% |
Commodity Options Trading Brokerage | Rs 10 per executed order | Rs 50 per lot |
Enquire 5paisa | Enquire Choice Broking |
5paisa | Choice Broking | |
---|---|---|
Account Type | Titanium | Standard Plan |
Fixed Charges | Rs 1000 per month | |
Equity Delivery Brokerage | Rs 0 (Free) | 0.20% |
Equity Intraday Brokerage | Rs 10 per executed order | 0.02% |
Equity Futures Brokerage | Rs 10 per executed order | 0.02% |
Equity Options Brokerage | Rs 2 per executed lot | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 10 per executed order | 0.02% |
Currency Options Trading Brokerage | Rs 10 per executed order | Rs 20 per lot |
Commodity Futures Trading Brokerage | Rs 10 per executed order | 0.02% |
Commodity Options Trading Brokerage | Rs 10 per executed order | Rs 50 per lot |
Enquire 5paisa | Enquire Choice Broking |
Minimum Brokerage Charges | Rs 20 per trade | |
Other Brokerage Charges | Direct MF Investment: Rs 20 per order | |
Call & Trade Charges | Rs 100 per call (any number of trades in a call) | Rs 0 (Free) |
5paisa transaction charges for options is Rs 5100 per crore (0.051%) (on premium) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
5paisa | Choice Broking | |
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Equity Delivery | Rs 325 per crore (0.00325%) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Intraday | Rs 325 per crore (0.00325%) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Futures | Rs 210 per crore (0.0021%) | NSE Rs 240 per crore (0.0024%) |
Equity Options | Rs 5100 per crore (0.051%) (on premium) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | Rs 210 per crore (0.0021%) | NSE Rs 90 per crore (0.0009%) |
Currency Options | Rs 5100 per crore (0.051%) (on premium) | NSE Rs 4000 per crore (0.04%) |
Commodity | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) | |
Enquire 5paisa | Enquire Choice Broking |
5paisa provides the margin of Up to 20x for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.
5paisa | Choice Broking | |
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Equity Delivery | Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x) | 1x (no margin) |
Equity Intraday | Up to 20x | Up to 20x |
Equity Futures | Intra-day: 3.5x | Carry forward: 1x (no margin) | Up to 5x |
Equity Options | Intra-day: 1x | Carry forward: 1x | 1x (no margin) for Options buying and up to 10x for options selling |
Currency Futures | Intra-day: 1 time | Carry forward: 1x | Up to 3x |
Currency Options | Intra-day: 1x | Carry forward: 1x | 1x (no margin) |
Commodity Futures | Up to 5x | |
Commodity Options | 1x (no margin) | |
Enquire 5paisa | Enquire Choice Broking |
The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Choice Broking offers Jiffy trading software.
5paisa | Choice Broking | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | 5paisa Trade Station (Web, Mobile App and EXE) | Jiffy |
Intraday Square-off Time | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM | 3:15 PM |
Other Features | ||
Referral Program | ![]() |
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Enquire 5paisa | Enquire Choice Broking |
5paisa is rated 2.6 of 5 based on 74 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.
5paisa | Choice Broking | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire 5paisa | Enquire Choice Broking |
5paisa | Choice Broking | |
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Pros |
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Cons |
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Reviews | Choice Equity Broking Private Limited, commonly known as Choice Broking , is a Mumbai based full-service broker incorporated in 2010 offering online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Margin Trading Facility, wealth management, Portfolio management, Insurance, and Loan against share. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL and is a member of NSE, BSE, MCX, NCDEX, and ICEX. The company has a proprietary trading platform (Jiffy) available on the website, Android, and iOS. |
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Promo / Offers | ||
Enquire 5paisa | Enquire Choice Broking |
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