|
|
Tradingo
Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
SAMCO
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
Groww
About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India.
IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder).
IDBI Capital of... 
About 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...
Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.
| IDBI Capital | Choice Broking | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, NSDL | BSE, NSE, MCX, NCDEX, ICDEX |
| Year of Incorporation | 1993 | 2010 |
| Number of Branches | 14 | 50 |
| Enquire IDBI Capital | Enquire Choice Broking |
IDBI Capital trading account opening charges is Rs 500 while Choice Broking account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).
| IDBI Capital | Choice Broking | |
|---|---|---|
| Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
| Trading Account AMC Charges | NIL | Rs 0 (Free) |
| Demat Account Opening Charges | NIL | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 450 | Rs 200 or as per plan. (1st year AMC free) |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
| Account Type | IDBI Capital Standard Plan | Choice Broking Standard Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.50% | 0.20% |
| Equity Intraday | 0.05% | 0.02% |
| Equity Futures | 0.05% | 0.02% |
| Equity Options | Rs 100 per lot | Rs 25 per lot |
| Currency Futures | NA | 0.02% |
| Currency Options | NA | Rs 20 per lot |
| Commodity Futures | NA | 0.02% |
| Commodity Options | NA | Rs 50 per lot |
| Special Offer |
| IDBI Capital | Choice Broking | |
|---|---|---|
| Account Type | Ace Trader Plan | Standard Plan |
| Fixed Charges | ||
| Equity Delivery | 0.10% to 0.50% | 0.20% |
| Equity Intraday | 0.020% to 0.050% | 0.02% |
| Equity Futures | 0.020% to 0.048% | 0.02% |
| Equity Options | Rs 100 per lot | Rs 25 per lot |
| Currency Futures | 0.02% | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.02% | |
| Commodity Options | Rs 50 per lot | |
| Enquire IDBI Capital | Enquire Choice Broking |
| Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | |
| Other Charges | ||
| Call & Trade Charges | Nil | Rs 0 (Free) |
IDBI Capital transaction charges for options is 0.051% on premium while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| IDBI Capital | Choice Broking | |
|---|---|---|
| Equity Delivery | 0.00325% | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Intraday | 0.00325% | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Futures | 0.0019% | NSE Rs 240 per crore (0.0024%) |
| Equity Options | 0.051% on premium | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | NA | NSE Rs 90 per crore (0.0009%) |
| Currency Options | NA | NSE Rs 4000 per crore (0.04%) |
| Commodity | NA | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) |
| Enquire IDBI Capital | Enquire Choice Broking |
IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Choice Broking margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| IDBI Capital | Choice Broking | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Enquire IDBI Capital | Enquire Choice Broking |
The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Choice Broking offers Jiffy trading software.
| IDBI Capital | Choice Broking | |
|---|---|---|
| 3 in 1 Account |  |
 |
| Charting | |
|
| Automated Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding | |
|
| Margin Against Shares (Equity Cash) | |
|
| Margin Against Shares (Equity F&O) | |
|
| Trading Platform | Power Pro, Power Streaming, IDBI Direct | Jiffy |
| Intraday Square-off Time | 3:00 PM | 3:15 PM |
| Other Features | Morning Report, Equity SIP, Investment Guide | |
| Referral Program | |
|
| Enquire IDBI Capital | Enquire Choice Broking |
IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas Choice Broking is rated 3.6 of 5 based on 9 customer reviews.
| IDBI Capital | Choice Broking | |
|---|---|---|
40 Customer Reviews  |
9 Customer Reviews |
|
| Fees |  |
 |
| Brokerage |  |
 |
| Trading Platform | |
 |
| Customer Service |  |
|
| Research Capabilities |  |
|
| Overall Ratings | |
|
| Broker Rating | IDBI Capital is rated 2.7 of 5 based on 40 customer reviews | Choice Broking is rated 3.6 of 5 based on 9 customer reviews |
| IDBI Capital Enquire | Choice Broking Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Leave your contact information and we will get in touch with you.... |
| IDBI Capital | Choice Broking | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| IPO | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options | Portfolio Management Services, Insurance |
| IDBI Capital | Choice Broking | |
|---|---|---|
| Bracket Order | |
|
| Cover Order | |
|
| Buy Today Sell Tomorrow (BTST) | |
|
| Sell Today Buy Tomorrow (STBT) | |
|
| After Market Order(AMO) | |
|
| Good Till Cancelled (GTC) | |
|
| Enquire IDBI Capital | Enquire Choice Broking |
| IDBI Capital | Choice Broking | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
|
| IDBI Capital | Choice Broking | |
|---|---|---|
| Casual Investor | |
|
| Active Investor | |
|
| Trader |
| IDBI Capital | Choice Broking | |
|---|---|---|
| Pros | - Prepaid plans are available for volume traders. |
|
| Cons | - Additional charge of Rs 2000 per year for installable trading platform. |
|
| 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 | ||
| Enquire IDBI Capital | Enquire Choice Broking |
Add a public comment...
Contact IDBI Capital
