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Beeline Vs Choice Broking (Compare Beeline and Choice Broking)

Beeline
Beeline Broking Ltd is an online Discount Stock Broker. Beeline offers trading & investment at BSE, NSE, MCX and NCDEX exchanges. Beeline offers investment across segments including Equity, Derivative, Currency Derivatives, Commodity and Insurance. Beeline is the only broker in India who offers both Traditional Brokerage Plans as well as Discount Brokerage Plan. These plans are available in segments including Equities F&O, Currency F&O and MCX Futures. The brokerage is charged Rs 18 per execute...

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...

Beeline Vs Choice Broking

Incorporated in , Beeline is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 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.

	Beeline	Choice Broking
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX, ICDEX
Year of Incorporation		2010
Number of Branches		50

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Beeline Vs Choice Broking Charges & AMC

Beeline trading account opening charges is Nil while Choice Broking account opening changes is Rs 0 (Free). Beeline Demat Account AMC Charges is Zero AMC with one time Rs 876 fee and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

	Beeline	Choice Broking
Trading Account Opening Charges	Nil	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Zero AMC with one time Rs 876 fee	Rs 200 or as per plan. (1st year AMC free)

Beeline Vs Choice Broking Brokerage Charges & Plans

Beeline Vs Choice Broking Brokerage

Beeline brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.

	Beeline	Choice Broking
Account Type	Discount Brokerage Plan	Standard Plan
Fixed Charges	NA
Equity Delivery	Rs 18 per executed order	0.20%
Equity Intraday	Rs 18 per executed order	0.02%
Equity Futures	Rs 18 per executed order	0.02%
Equity Options	Rs 18 per executed order	Rs 25 per lot
Currency Futures	Rs 18 per executed order	0.02%
Currency Options	Rs 18 per executed order	Rs 20 per lot
Commodity Futures	Rs 18 per executed order	0.02%
Commodity Options		Rs 50 per lot
Special Offer

Beeline Vs Choice Broking Brokerage Plan 2

	Beeline	Choice Broking
Account Type	Traditional Brokerage Plan	Standard Plan
Fixed Charges	NA
Equity Delivery	As per margin	0.20%
Equity Intraday	As per margin	0.02%
Equity Futures	As per margin	0.02%
Equity Options	As per margin	Rs 25 per lot
Currency Futures	As per margin	0.02%
Currency Options	As per margin	Rs 20 per lot
Commodity Futures	As per margin	0.02%
Commodity Options		Rs 50 per lot
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Beeline Charges Vs Choice Broking

Minimum Brokerage	Rs 18 per executed order
Other Charges	Software Charges at Rs 150 per segment
Call & Trade Charges	Rs 20 per executed order	Rs 0 (Free)

Beeline Vs Choice Broking Transaction Charges

Beeline transaction charges for options is NSE Rs 5600 per Cr (0.056%) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	Beeline	Choice Broking
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (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 275 per Cr (0.00275%) (each side)	NSE Rs 325 per crore (0.00325%) \| BSE Flat Rate of Rs 1.51 per Trade
Equity Futures	NSE Rs 215 per Cr (0.00215%)	NSE Rs 240 per crore (0.0024%)
Equity Options	NSE Rs 5600 per Cr (0.056%)	NSE Rs 5000 per crore (0.05%)
Currency Futures	NSE Rs 135 per Cr (0.00135%)	NSE Rs 90 per crore (0.0009%)
Currency Options	NSE Rs 4600 per Cr (0.046%)	NSE Rs 4000 per crore (0.04%)
Commodity	MCX Rs 260 per Cr (0.0026%)\| NCDEX Rs 400 per Cr (0.004%)	Non-Agri Rs 290 per Crore (0.0029%) \| Agri Rs 178 per Crore (0.00178%)
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Beeline Vs Choice Broking Leverage (Margin)

Beeline 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.

	Beeline	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 Beeline and Choice Broking Features

The trading platforms offered Beeline include NSE Now, ODIN (My Armour). Choice Broking offers Jiffy trading software.

	Beeline	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	NSE Now, ODIN (My Armour)	Jiffy
Intraday Square-off Time	3:15 PM	3:15 PM
Other Features
Referral Program
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Beeline Vs Choice Broking Review

Beeline is rated 4.0 of 5 based on 2 customer reviews whereas Choice Broking is rated 4.1 of 5 based on 7 customer reviews.

	Beeline	Choice Broking
	2 Customer Reviews	7 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Beeline is rated 4.0 of 5 based on 2 customer reviews	Choice Broking is rated 4.1 of 5 based on 7 customer reviews

Contact Broker / Request A Call Back

	Beeline Enquire	Choice Broking Enquire
Contact Broker	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?

Beeline Vs Choice Broking Investment Options

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

Beeline Vs Choice Broking Order Type Offered

	Beeline	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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Beeline Vs Choice Broking Research Report

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

Beeline Vs Choice Broking Suitable For Investor Type

	Beeline	Choice Broking
Casual Investor
Active Investor
Trader

Beeline Vs Choice Broking - Pros and Cons

	Beeline	Choice Broking
Pros	Online Discount Stock and Commodity Broker. Brokerage Fee: Flat Rs 18 per executed order in Eq F&O, Curr F&O and Commodity Futures. Rs 0 AMC Demat account when paid Rs 876 one time fee. NSE Now and ODIN trading software. Dedicated relationship managers are available.	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	Software uses changes at Rs 150 per segment. Call & Trade is not free. It is charged at Rs 20 per order. Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform. Doesn't offer local customer service as it doesn't have branch offices.	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	Beeline Broking is India based broker engaged in stock and commodity trading. Beeline is a discount stock broker offering flat rate (Rs 18 per executed order) brokerage plan. Beeline offers industry standard NSE NOW and ODIN trading platform. Beeline also offer depository services (demat account) and online insurances. Beeline is based in Ahmadabad, Gujarat.	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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Compare More Brokers...

Beeline	Choice Broking
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