Choice Broking Vs Stoxkart (Compare Choice Broking and 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... Know more about Choice Equity Broking Private Limited


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... Know more about Stoxkart by SMC Global Securities Ltd

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Choice Broking Vs Stoxkart

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
Open an Online Trading Account with Choice Broking.Open an Online Trading Account with Stoxkart.
Enquire Choice BrokingEnquire Stoxkart
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Choice Broking Vs Stoxkart Charges & AMC

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
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Choice Broking Vs Stoxkart Brokerage Charges & Plans

Choice Broking Vs Stoxkart Brokerage

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

Choice Broking Charges Vs Stoxkart

Minimum Brokerage Rs 0
Other Charges Auto square-off Rs 20 per order.
Call & Trade Charges Rs 0 (Free) Rs 20
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Choice Broking Vs Stoxkart Transaction Charges

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 BrokingEnquire Stoxkart
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Choice Broking Vs Stoxkart Leverage (Margin)

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 BrokingEnquire Stoxkart
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Compare Choice Broking and Stoxkart Features

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 No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Jiffy Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web
Intraday Square-off Time 3:15 PM
Other Features
Referral Program Yes
Enquire Choice BrokingEnquire Stoxkart
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Choice Broking Vs Stoxkart Review

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    Rate Choice Broking 3 Customer Reviews    Rate Stoxkart
Fees 4.3 3.3
Brokerage 4.2 4.7
Trading Platform 4.3 3.3
Customer Service 3.8 3.0
Research Capabilities 4.0 2.5
Overall Ratings Rated 4.0 stars Rated 3.3 stars
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
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Contact Broker / Request A Call Back

  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
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Choice Broking Vs Stoxkart Investment Options

  Choice Broking Stoxkart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options Portfolio Management Services, Insurance
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Choice Broking Vs Stoxkart Order Type Offered

  Choice Broking Stoxkart
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
Enquire Choice BrokingEnquire Stoxkart
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Choice Broking Vs Stoxkart Research Report

  Choice Broking Stoxkart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Choice Broking Vs Stoxkart Suitable For Investor Type

  Choice Broking Stoxkart
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Choice Broking Vs Stoxkart - Pros and Cons

  Choice Broking Stoxkart
Pros
  • 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.
  1. Stoxkart is an online discount brokerage business of well established full-service broker SMC Global.
  2. Excellent online trading platform (web, mobile app, and desktop) for free to all.
  3. Offers brokerage free equity delivery trades and mutual fund investment.
  4. Charge flat Rs 15 per order brokerage for intraday and F&O at BSE, NSE, and MCX.
  5. Charge Rs 0 brokerage on Intraday trades if your trade is not in profit.
  6. Get up to 25x leverage on intraday trading with CO/BO.
  7. Paperless account opening.
  8. Offer NRI trading and demat account
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.
  1. No research reports, tips, or recommendations.
  2. No relationship manager or personalized services.
  3. Call & Trade is at an extra Rs 20 per executed order.
  4. Auto square-off of intraday positions at an extra Rs 20 per executed order.
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

No Profit. No Brokerage

Get 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 BrokingEnquire Stoxkart

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