The side-by-side comparison of Angel Broking and Choice Broking. Compare Angel Broking Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Angel Broking vs Choice Broking?
Angel Broking
Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution.
Angel Broking is a strong neighborhood presence with 110 branches and 11,000 sub-broker offices in 1800+ cities in India as of June 30, 2018..
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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 1987, Angel Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. 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.
Angel Broking | Choice Broking | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX, ICDEX |
Account Type | Angel iTrade PRIME | Standard Plan |
Year of Incorporation | 1987 | 2010 |
Number of Branches | 900 | 50 |
Broker Enquiry |
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Enquire Angel Broking | Enquire Choice Broking |
Angel Broking trading account opening charges is Rs 0 (Free) while Choice Broking account opening changes is Rs 0 (Free). Angel Broking Demat Account AMC Charges is Rs 450 (from 2nd year) and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).
Angel Broking | Choice Broking | |
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Trading Account Opening Charges | Rs 0 (Free) | 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 450 (from 2nd year) | Rs 200 or as per plan. (1st year AMC free) |
Angel Broking brokerage charges for equity is Rs 0 (Free) and intraday is Flat Rs 20 per executed order whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
Angel Broking | Choice Broking | |
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Account Type | Angel iTrade PRIME | Standard Plan |
Fixed Charges | ||
Equity Delivery Brokerage | Rs 0 (Free) | 0.20% |
Equity Intraday Brokerage | Flat Rs 20 per executed order | 0.02% |
Equity Futures Brokerage | Flat Rs 20 per executed order | 0.02% |
Equity Options Brokerage | Flat Rs 20 per executed order | Rs 25 per lot |
Currency Futures Trading Brokerage | Flat Rs 20 per executed order | 0.02% |
Currency Options Trading Brokerage | Flat Rs 20 per executed order | Rs 20 per lot |
Commodity Futures Trading Brokerage | Flat Rs 20 per executed order | 0.02% |
Commodity Options Trading Brokerage | Flat Rs 20 per executed order | Rs 50 per lot |
Special Offer | Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer |
Minimum Brokerage Charges | Equity Rs 20 | F&O Rs 30 | |
Other Brokerage Charges | ||
Call & Trade Charges | Additional Rs 20 per executed order | Rs 0 (Free) |
Angel Broking transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
Angel Broking | Choice Broking | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 240 per crore (0.0024%) |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | Rs 190 per Cr (0.0019%) | NSE Rs 90 per crore (0.0009%) |
Currency Options | NSE Rs 5000 per Cr (0.05%)(on premium) | NSE Rs 4000 per crore (0.04%) |
Commodity | MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) |
Enquire Angel Broking | Enquire Choice Broking |
Angel Broking provides the margin of Upto 10x for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.
Angel Broking | Choice Broking | |
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Equity Delivery | Upto 3x with 24% interest per year | 1x (no margin) |
Equity Intraday | Upto 10x | Up to 20x |
Equity Futures | Upto 4x | Up to 5x |
Equity Options | 3x for shorting | 1x (no margin) for Options buying and up to 10x for options selling |
Currency Futures | Upto 2x | Up to 3x |
Currency Options | Upto 5x for shorting | 1x (no margin) |
Commodity Futures | 3x | Up to 5x |
Commodity Options | 1x (no margin) | |
Enquire Angel Broking | Enquire Choice Broking |
The trading platforms offered Angel Broking include Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). Choice Broking offers Jiffy trading software.
Angel Broking | 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 | Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) | Jiffy |
Intraday Square-off Time | 3:15 PM | 3:15 PM |
Other Features | Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency | |
Referral Program | ![]() |
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Enquire Angel Broking | Enquire Choice Broking |
Angel Broking is rated 2.8 of 5 based on 215 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.
Angel Broking | 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 Angel Broking | Enquire Choice Broking |
Angel Broking | Choice Broking | |
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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 | Discount Brokerage Trading Plan (Flat Rate Pricing)Get full-service brokerage plan with discount broker pricing. Brokerage free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. To open an account with Zerodha, simply leave your contact information with us and Angel Broking representatives will call you. |
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Enquire Angel Broking | Enquire Choice Broking |
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