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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... 
Stoxkart
Incorporated in 2019, Stoxkart is a Delhi-based online discount broker offering trading and investment services in equity, commodity, currency, derivatives, IPOs and mutual funds. It is part of SMC Global Limited, a full-service stock broker and a leading diversified financial services company in India.
Stoxkart charges one of the lowest brokerage fees in the industry. It offers brokerage free Equity delivery trades and charges flat Rs 15 per executed order on intraday equity trades only when y...
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. Incorporated in 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| Choice Broking | Stoxkart | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX, ICDEX | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2019 |
| Number of Branches | 50 | 1 |
 | | |
| Enquire Choice Broking | Enquire Stoxkart |
Choice Broking trading account opening charges is Rs 0 (Free) while Stoxkart account opening changes is Rs 300. Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free) and Stoxkart Demat Account AMC Charges is Rs 300.
| Choice Broking | Stoxkart | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 300 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 200 or as per plan. (1st year AMC free) | Rs 300 |
Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02% whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).
| Choice Broking | Stoxkart | |
|---|---|---|
| Account Type | Standard Plan | Default |
| Fixed Charges | ||
| Equity Delivery | 0.20% | Rs 0 |
| Equity Intraday | 0.02% | Rs 15 (on profit trades only) |
| Equity Futures | 0.02% | Rs 15 |
| Equity Options | Rs 25 per lot | Rs 15 |
| Currency Futures | 0.02% | Rs 15 |
| Currency Options | Rs 20 per lot | Rs 15 |
| Commodity Futures | 0.02% | Rs 15 |
| Commodity Options | Rs 50 per lot | Rs 15 |
| Special Offer | Special Offer: Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss. Open a Demat Account in 15 Minutes. Request a Callback |
| Minimum Brokerage | Rs 0 | |
| Other Charges | Auto square-off Rs 20 per order. | |
| Call & Trade Charges | Rs 0 (Free) | Rs 20 |
Choice Broking transaction charges for options is NSE Rs 5000 per crore (0.05%) while Stoxkart exchange transaction charges for options is NSE: 0.05% | BSE: 0.0005% (on premium).
| Choice Broking | Stoxkart | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade | NSE: 0.00325% | BSE: 0.003% |
| Equity Intraday | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade | NSE: 0.00325% | BSE: 0.003% |
| Equity Futures | NSE Rs 240 per crore (0.0024%) | NSE: 0.0019% | BSE: 0.0007% |
| Equity Options | NSE Rs 5000 per crore (0.05%) | NSE: 0.05% | BSE: 0.0005% (on premium) |
| Currency Futures | NSE Rs 90 per crore (0.0009%) | NSE: 0.0009% | BSE: 0.00042% |
| Currency Options | NSE Rs 4000 per crore (0.04%) | NSE: 0.04% | BSE: 0.0012% (on premium value) |
| Commodity | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) | Futures Group A: 0.0036% | Options: 0.002% |
| Enquire Choice Broking | Enquire Stoxkart |
Choice Broking margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Stoxkart 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.
| Choice Broking | Stoxkart | |
|---|---|---|
| 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) |
| Enquire Choice Broking | Enquire Stoxkart |
The trading platforms offered Choice Broking include Jiffy. Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.
| Choice Broking | Stoxkart | |
|---|---|---|
| 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 | |
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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 | Jiffy | Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web |
| Intraday Square-off Time | 3:15 PM | |
| Other Features | ||
| Referral Program | |
|
| Enquire Choice Broking | Enquire Stoxkart |
Choice Broking is rated 4.0 of 5 based on 6 customer reviews whereas Stoxkart is rated 3.3 of 5 based on 3 customer reviews.
| Choice Broking | Stoxkart | |
|---|---|---|
6 Customer Reviews  |
3 Customer Reviews |
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| Fees |  |
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| Brokerage |  |
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| Trading Platform | |
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| Customer Service |  |
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| Research Capabilities |  |
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| Overall Ratings | |
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| Broker Rating | Choice Broking is rated 4.0 of 5 based on 6 customer reviews | Stoxkart is rated 3.3 of 5 based on 3 customer reviews |
| Choice Broking Enquire | Stoxkart Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss. Open a Demat Account in 15 Minutes. Request a Callback |
| Choice Broking | Stoxkart | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Portfolio Management Services, Insurance |
| Choice Broking | Stoxkart | |
|---|---|---|
| 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) | |
|
| Enquire Choice Broking | Enquire Stoxkart |
| Choice Broking | Stoxkart | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Choice Broking | Stoxkart | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
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| Trader | |
| Choice Broking | Stoxkart | |
|---|---|---|
| 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 | No Profit. No BrokerageGet free equity delivery trades and pay flat Rs 15 brokerage for Intraday only when you make profit To open an account with Stoxkart leave your contact information. |
|
| Enquire Choice Broking | Enquire Stoxkart |
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