The side-by-side comparison of Choice Broking and Stoxkart. Compare Choice Broking Vs Stoxkart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Choice Broking vs Stoxkart?
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 | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX, ICDEX | BSE, NSE, MCX |
Account Type | Standard Plan | Default |
Year of Incorporation | 2010 | 2019 |
Number of Branches | 50 | 1 |
Broker Enquiry |
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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 | |
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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 | |
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Account Type | Standard Plan | Default |
Fixed Charges | ||
Equity Delivery Brokerage | 0.20% | Rs 0 |
Equity Intraday Brokerage | 0.02% | Rs 15 (on profit trades only) |
Equity Futures Brokerage | 0.02% | Rs 15 |
Equity Options Brokerage | Rs 25 per lot | Rs 15 |
Currency Futures Trading Brokerage | 0.02% | Rs 15 |
Currency Options Trading Brokerage | Rs 20 per lot | Rs 15 |
Commodity Futures Trading Brokerage | 0.02% | Rs 15 |
Commodity Options Trading Brokerage | Rs 50 per lot | Rs 15 |
Special Offer | Special Offer: Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss + 25x Exposure. Open a Demat Account in 15 Minutes. |
Minimum Brokerage Charges | Rs 0 | |
Other Brokerage 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 | |
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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 provides the margin of Up to 20x for intraday trades whereas the Stoxkart margin for intraday cash is Up to 15x | BO,CO: Up to 25x.
Choice Broking | Stoxkart | |
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Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | Up to 20x | Up to 15x | BO,CO: Up to 25x |
Equity Futures | Up to 5x | Up to 2x | BO,CO: Up to 7x |
Equity Options | 1x (no margin) for Options buying and up to 10x for options selling | 1x (no margin) |
Currency Futures | Up to 3x | Up to 2x | BO,CO: Up to 4x |
Currency Options | 1x (no margin) | 1x (no margin) |
Commodity Futures | Up to 5x | Up to 2x | BO,CO: Up to 6x |
Commodity Options | 1x (no margin) | 1x (no margin) |
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 | |
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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 | Jiffy | Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web |
Intraday Square-off Time | 3:15 PM | |
Other Features | ||
Referral Program | ![]() |
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Enquire Choice Broking | Enquire Stoxkart |
Choice Broking is rated 4.7 of 5 based on 3 customer reviews whereas Stoxkart is rated 3.3 of 5 based on 3 customer reviews.
Choice Broking | Stoxkart | |
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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 Choice Broking | Enquire Stoxkart |
Choice Broking | Stoxkart | |
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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. Get up to 25x exposure with CO/BO. |
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Enquire Choice Broking | Enquire Stoxkart |
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