Edelweiss Vs Choice Broking (Compare Edelweiss and Choice Broking)


Edelweiss
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd


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

Expand

Edelweiss Vs Choice Broking

Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 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.

  Edelweiss Choice Broking
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX, ICDEX
Year of Incorporation 2002 2010
Number of Branches 237 50
Open an Online Trading Account with Edelweiss.Open an Online Trading Account with Choice Broking.
Open Edelweiss AccountEnquire Choice Broking
Expand

Edelweiss Vs Choice Broking Charges & AMC

Edelweiss trading account opening charges is Rs 0 (Free) while Choice Broking account opening changes is Rs 0 (Free). Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free) and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

  Edelweiss Choice Broking
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 500 (1st Year Free) Rs 200 or as per plan. (1st year AMC free)
Expand

Edelweiss Vs Choice Broking Brokerage Charges & Plans

Edelweiss Vs Choice Broking Brokerage

Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.

  Edelweiss Choice Broking
Account Type Edelweiss Lite Standard Plan
Fixed Charges NA
Equity Delivery Rs 10 per executed order 0.20%
Equity Intraday Rs 10 per executed order 0.02%
Equity Futures Rs 10 per executed order 0.02%
Equity Options Rs 10 per executed order Rs 25 per lot
Currency Futures Rs 10 per executed order 0.02%
Currency Options Rs 10 per executed order Rs 20 per lot
Commodity Futures 0.02%
Commodity Options Rs 50 per lot
Special Offer
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Edelweiss Vs Choice Broking Brokerage Plan 2

  Edelweiss Choice Broking
Account Type Edelweiss Elite Standard Plan
Fixed Charges
Equity Delivery 0.30% 0.20%
Equity Intraday 0.03% 0.02%
Equity Futures 0.03% 0.02%
Equity Options Rs 75 per lot Rs 25 per lot
Currency Futures 0.02% 0.02%
Currency Options Rs 22 per lot Rs 20 per lot
Commodity Futures 0.02%
Commodity Options Rs 50 per lot
Open Edelweiss AccountEnquire Choice Broking

Edelweiss Charges Vs Choice Broking

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per call Rs 0 (Free)
Expand

Edelweiss Vs Choice Broking Transaction Charges

Edelweiss transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Edelweiss 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 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) NSE Rs 240 per crore (0.0024%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) NSE Rs 90 per crore (0.0009%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE Rs 4000 per crore (0.04%)
Commodity Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%)
Open Edelweiss AccountEnquire Choice Broking
Expand

Edelweiss Vs Choice Broking Leverage (Margin)

Edelweiss 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.

  Edelweiss 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)
Open Edelweiss AccountEnquire Choice Broking
Expand

Compare Edelweiss and Choice Broking Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. Choice Broking offers Jiffy trading software.

  Edelweiss Choice Broking
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress Jiffy
Intraday Square-off Time 3:00 PM 3:15 PM
Other Features
Referral Program Yes
Open Edelweiss AccountEnquire Choice Broking
Expand

Edelweiss Vs Choice Broking Review

Edelweiss is rated 3.0 of 5 based on 65 customer reviews whereas Choice Broking is rated 4.1 of 5 based on 7 customer reviews.

  Edelweiss Choice Broking
  65 Customer Reviews    Rate Edelweiss 7 Customer Reviews    Rate Choice Broking
Fees 3.1 4.4
Brokerage 3.1 4.1
Trading Platform 3.5 4.4
Customer Service 2.7 4.0
Research Capabilities 2.8 4.2
Overall Ratings Rated 3.0 stars Rated 4.1 stars
Broker Rating Edelweiss is rated 3.0 of 5 based on 65 customer reviews Choice Broking is rated 4.1 of 5 based on 7 customer reviews
Expand

Contact Broker / Request A Call Back

  Edelweiss Enquire Choice Broking Enquire
Contact Broker Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. Leave your contact information and we will get in touch with you....
Expand

Edelweiss Vs Choice Broking Investment Options

  Edelweiss Choice Broking
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Portfolio Management Services, Insurance
Expand

Edelweiss Vs Choice Broking Order Type Offered

  Edelweiss Choice Broking
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
Open Edelweiss AccountEnquire Choice Broking
Expand

Edelweiss Vs Choice Broking Research Report

  Edelweiss Choice Broking
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Edelweiss Vs Choice Broking Suitable For Investor Type

  Edelweiss Choice Broking
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
Expand

Edelweiss Vs Choice Broking - Pros and Cons

  Edelweiss Choice Broking
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
  • 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
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
  • 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

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

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Open Edelweiss AccountEnquire Choice Broking

Compare More Brokers...

Edelweiss Choice Broking
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App