Angel Broking Vs Choice Broking (Compare Angel Broking and Choice Broking)

Angel Broking Vs Choice Broking

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
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX, ICDEX
Year of Incorporation	1987	2010
Number of Branches	900	50
	Open Angel Broking Account	Enquire Choice Broking

Angel Broking Vs Choice Broking Charges & AMC

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 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

	Angel Broking	Choice Broking
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	Rs 200 or as per plan. (1st year AMC free)

Angel Broking Vs Choice Broking Brokerage

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
Account Type	Angel iTrade PRIME	Standard Plan
Fixed Charges
Equity Delivery	Rs 0 (Free)	0.20%
Equity Intraday	Flat Rs 20 per executed order	0.02%
Equity Futures	Flat Rs 20 per executed order	0.02%
Equity Options	Flat Rs 20 per executed order	Rs 25 per lot
Currency Futures	Flat Rs 20 per executed order	0.02%
Currency Options	Flat Rs 20 per executed order	Rs 20 per lot
Commodity Futures	Flat Rs 20 per executed order	0.02%
Commodity Options	Flat Rs 20 per executed order	Rs 50 per lot
Special Offer	Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.

Angel Broking Charges Vs Choice Broking

Minimum Brokerage	Equity Rs 20 | F&O Rs 30
Other Charges
Call & Trade Charges	Additional Rs 20 per executed order	Rs 0 (Free)

Angel Broking Vs Choice Broking Transaction Charges

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
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%)
	Open Angel Broking Account	Enquire Choice Broking

Angel Broking Vs Choice Broking Leverage (Margin)

Angel Broking 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.

	Angel Broking	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)
	Open Angel Broking Account	Enquire Choice Broking

Compare Angel Broking and Choice Broking Features

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
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	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
	Open Angel Broking Account	Enquire Choice Broking

Angel Broking Vs Choice Broking Review

Angel Broking is rated 2.7 of 5 based on 232 customer reviews whereas Choice Broking is rated 4.0 of 5 based on 6 customer reviews.

	Angel Broking	Choice Broking
	232 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Angel Broking is rated 2.7 of 5 based on 232 customer reviews	Choice Broking is rated 4.0 of 5 based on 6 customer reviews

Angel Broking Vs Choice Broking Investment Options

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

Angel Broking Vs Choice Broking Order Type Offered

	Angel Broking	Choice Broking
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Angel Broking Account	Enquire Choice Broking

Angel Broking Vs Choice Broking Research Report

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

Angel Broking Vs Choice Broking Suitable For Investor Type

	Angel Broking	Choice Broking
Casual Investor
Active Investor
Trader

Angel Broking Vs Choice Broking - Pros and Cons

	Angel Broking	Choice Broking
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Pay flat Rs 20 per executed order across segments including Equity Intraday, F&O, Currency and Commodity. Allows trade in commodity exchanges, MCX and NCDEX Easy-to-use online trading platforms High Quality Research Reports Free trading software - mobile, website and trading terminal.	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		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	Discount Brokerage Plan (Flat Rate Pricing) Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.
	Open Angel Broking Account	Enquire Choice Broking