Achiievers Vs Choice Broking (Compare Achiievers and Choice Broking)

Achiievers Vs Choice Broking

Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 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.

	Achiievers	Choice Broking
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE and MCX	BSE, NSE, MCX, NCDEX, ICDEX
Year of Incorporation	2012	2010
Number of Branches	1	50
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Achiievers Vs Choice Broking Charges & AMC

Achiievers trading account opening charges is Rs 150 while Choice Broking account opening changes is Rs 0 (Free). Achiievers Demat Account AMC Charges is Rs 400 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

	Achiievers	Choice Broking
Trading Account Opening Charges	Rs 150	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 400	Rs 200 or as per plan. (1st year AMC free)

Achiievers Vs Choice Broking Brokerage

Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15 whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.

	Achiievers	Choice Broking
Account Type	Flat Fee Plan	Standard Plan
Fixed Charges	NA
Equity Delivery	Rs 15	0.20%
Equity Intraday	Rs 15	0.02%
Equity Futures	Rs 15	0.02%
Equity Options	Rs 15	Rs 25 per lot
Currency Futures	Rs 15	0.02%
Currency Options	Rs 15	Rs 20 per lot
Commodity Futures	Rs 15	0.02%
Commodity Options		Rs 50 per lot
Special Offer

Achiievers Vs Choice Broking Brokerage Plan 2

	Achiievers	Choice Broking
Account Type	Mega Value Plan	Standard Plan
Fixed Charges	Rs 750 (Per Segment)
Equity Delivery	Rs 1 per executed order	0.20%
Equity Intraday	Rs 1 per executed order	0.02%
Equity Futures	Rs 1 per executed order	0.02%
Equity Options	Rs 1 per executed order	Rs 25 per lot
Currency Futures	Rs 1 per executed order	0.02%
Currency Options	Rs 1 per executed order	Rs 20 per lot
Commodity Futures	Rs 1 per executed order	0.02%
Commodity Options	Rs 1 per executed order	Rs 50 per lot
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Achiievers Vs Choice Broking Brokerage Plan 3

	Achiievers	Choice Broking
Account Type	Per Day Plan	Standard Plan
Fixed Charges	Rs 50 per day (each segment)
Equity Delivery	Rs 1 per executed order	0.20%
Equity Intraday	Rs 1 per executed order	0.02%
Equity Futures	Rs 1 per executed order	0.02%
Equity Options	Rs 1 per executed order	Rs 25 per lot
Currency Futures	Rs 1 per executed order	0.02%
Currency Options	Rs 1 per executed order	Rs 20 per lot
Commodity Futures	Rs 1 per executed order	0.02%
Commodity Options	Rs 1 per executed order	Rs 50 per lot
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Achiievers Charges Vs Choice Broking

Minimum Brokerage	Rs 15
Other Charges
Call & Trade Charges	Rs 20 per trade	Rs 0 (Free)

Achiievers Vs Choice Broking Transaction Charges

Achiievers transaction charges for options is Rs 7500 per Cr (0.075%) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	Achiievers	Choice Broking
Equity Delivery	Rs 350 per Cr (0.0035%)	NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade
Equity Intraday	Rs 350 per Cr (0.0035%)	NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade
Equity Futures	Rs 390 per Cr (0.0039%)	NSE Rs 240 per crore (0.0024%)
Equity Options	Rs 7500 per Cr (0.075%)	NSE Rs 5000 per crore (0.05%)
Currency Futures	Rs 175 per Cr (0.00175%)	NSE Rs 90 per crore (0.0009%)
Currency Options	Rs 6500 per Cr (0.065%)	NSE Rs 4000 per crore (0.04%)
Commodity	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)	Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%)
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Achiievers Vs Choice Broking Leverage (Margin)

Achiievers margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Choice Broking margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Achiievers	Choice Broking
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Achiievers and Choice Broking Features

The trading platforms offered Achiievers include NOW Online, NOW Trader. Choice Broking offers Jiffy trading software.

	Achiievers	Choice Broking
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NOW Online, NOW Trader	Jiffy
Intraday Square-off Time	3:15 PM	3:15 PM
Other Features
Referral Program
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Achiievers Vs Choice Broking Review

Achiievers is rated 4.6 of 5 based on 5 customer reviews whereas Choice Broking is rated 4.1 of 5 based on 7 customer reviews.

	Achiievers	Choice Broking
	5 Customer Reviews	7 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Achiievers is rated 4.6 of 5 based on 5 customer reviews	Choice Broking is rated 4.1 of 5 based on 7 customer reviews

Achiievers Vs Choice Broking Investment Options

	Achiievers	Choice Broking
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Portfolio Management Services, Insurance

Achiievers Vs Choice Broking Order Type Offered

	Achiievers	Choice Broking
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Achiievers Vs Choice Broking Research Report

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

Achiievers Vs Choice Broking Suitable For Investor Type

	Achiievers	Choice Broking
Casual Investor
Active Investor
Trader

Achiievers Vs Choice Broking - Pros and Cons

	Achiievers	Choice Broking
Pros	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).	Zero Account opening fee. Hassle free online Demat Account Opening. Offers a wide range of investment products Offers simple Trading Platforms to its customers. Offers multiple AMC plan options with lifetime free AMC and refundable AMC options. Free call and trade facility. Provides Margin Trading Facility MTF Services. Claim to have the most accurate and free research reports in the market with a 78% success ratio. Offers online IPO application services.
Cons	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.	Do not have Flexi brokerage plans. Does not offer 3-in-1 account services. Advanced order types like BO, CO, GTC not available. Margin calculator not available.
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.
Promo / Offers
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