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Choice Broking
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The side-by-side comparison of Choice Broking and Tradeplus. Compare Choice Broking Vs Tradeplus brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Choice Broking vs Tradeplus?
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... 
Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual...
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 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
| Choice Broking | Tradeplus | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Supported Exchnages | BSE, NSE, MCX, NCDEX, ICDEX | BSE, NSE, MCX |
| Account Type | Standard Plan | Flat Zero brokerage Scheme |
| Year of Incorporation | 2010 | 1995 |
| Number of Branches | 50 | |
| Broker Enquiry |
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| Enquire Choice Broking | Enquire Tradeplus |
Choice Broking trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0. Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free) and Tradeplus Demat Account AMC Charges is Rs 0.
| Choice Broking | Tradeplus | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| 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 0 |
Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.
| Choice Broking | Tradeplus | |
|---|---|---|
| Account Type | Standard Plan | Flat Zero brokerage Scheme |
| Fixed Charges | As per segment | |
| Equity Delivery Brokerage | 0.20% | Rs 0 (Free) |
| Equity Intraday Brokerage | 0.02% | NA |
| Equity Futures Brokerage | 0.02% | Rs 799 per month (unlimited trading) |
| Equity Options Brokerage | Rs 25 per lot | Rs 99 per month (unlimited trading) |
| Currency Futures Trading Brokerage | 0.02% | Rs 99 per month (unlimited trading) |
| Currency Options Trading Brokerage | Rs 20 per lot | Rs 99 per month (unlimited trading) |
| Commodity Futures Trading Brokerage | 0.02% | Rs 99 per month (unlimited trading) |
| Commodity Options Trading Brokerage | Rs 50 per lot | Rs 99 per month (unlimited trading) |
| Special Offer | Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer |
| Choice Broking | Tradeplus | |
|---|---|---|
| Account Type | Standard Plan | Flexi Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery Brokerage | 0.20% | Rs 0 (Free) |
| Equity Intraday Brokerage | 0.02% | Lower of - Rs 9 per trade or 0.01% |
| Equity Futures Brokerage | 0.02% | Rs 9 per executed order |
| Equity Options Brokerage | Rs 25 per lot | Rs 9 per executed order |
| Currency Futures Trading Brokerage | 0.02% | Rs 9 per executed order |
| Currency Options Trading Brokerage | Rs 20 per lot | Rs 9 per executed order |
| Commodity Futures Trading Brokerage | 0.02% | Rs 9 per executed order |
| Commodity Options Trading Brokerage | Rs 50 per lot | Rs 9 per executed order |
| Enquire Choice Broking | Enquire Tradeplus |
| Minimum Brokerage Charges | ||
| Other Brokerage Charges | SMS Charges: Rs 100 per segment. | |
| Call & Trade Charges | Rs 0 (Free) | Flat Rs 75 per day |
Choice Broking transaction charges for options is NSE Rs 5000 per crore (0.05%) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).
| Choice Broking | Tradeplus | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade | Rs 345 per crore (0.00345%) (each side) |
| Equity Intraday | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade | Rs 345 per crore (0.00345%) (sale side) |
| Equity Futures | NSE Rs 240 per crore (0.0024%) | Rs 360 per crore (0.0036%) |
| Equity Options | NSE Rs 5000 per crore (0.05%) | Rs 7800 per crore (0.078%)(on premium) |
| Currency Futures | NSE Rs 90 per crore (0.0009%) | Rs 140 per crore (0.0014%) |
| Currency Options | NSE Rs 4000 per crore (0.04%) | Rs 6000 (on premium) per crore (0.06%) |
| Commodity | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) | Rs 500 (0.005%) |
| Enquire Choice Broking | Enquire Tradeplus |
Choice Broking provides the margin of Up to 20x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.
| Choice Broking | Tradeplus | |
|---|---|---|
| Equity Delivery | 1x (no margin) | Upto 4X |
| Equity Intraday | Up to 20x | Upto 33X |
| Equity Futures | Up to 5x | Intraday leverage 2X | Cover Order Margin 3% |
| Equity Options | 1x (no margin) for Options buying and up to 10x for options selling | Intraday Leverage of 2X |
| Currency Futures | Up to 3x | Intraday Leverage of 2X |
| Currency Options | 1x (no margin) | 1X |
| Commodity Futures | Up to 5x | Intraday Leverage of 2X |
| Commodity Options | 1x (no margin) | |
| Enquire Choice Broking | Enquire Tradeplus |
The trading platforms offered Choice Broking include Jiffy. Tradeplus offers INFINI, NSE NOW trading software.
| Choice Broking | Tradeplus | |
|---|---|---|
| 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 | INFINI, NSE NOW |
| Intraday Square-off Time | 3:15 PM | |
| Other Features | ||
| Referral Program | |
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| Enquire Choice Broking | Enquire Tradeplus |
Choice Broking is rated 4.0 of 5 based on 6 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 33 customer reviews.
| Choice Broking | Tradeplus | |
|---|---|---|
6 Customer Reviews  |
33 Customer Reviews |
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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 | Tradeplus is rated 3.1 of 5 based on 33 customer reviews |
| Choice Broking Enquire | Tradeplus Enquire | |
|---|---|---|
| Contact Broker |
| Choice Broking | Tradeplus | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| Initial Public Offers (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 | Tradeplus | |
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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 Tradeplus |
| Choice Broking | Tradeplus | |
|---|---|---|
| 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 | Tradeplus | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
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| Trader | |
| Choice Broking | Tradeplus | |
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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 | Free Equity Delivery Trade + Flat Rs 9 intranet and F&O tradeGet free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you. |
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| Enquire Choice Broking | Enquire Tradeplus |
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