The side-by-side comparison of Indiabulls and Choice Broking. Compare Indiabulls Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Indiabulls vs Choice Broking?
Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding.
Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more...
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 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 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.
Indiabulls | Choice Broking | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE and MCX | BSE, NSE, MCX, NCDEX, ICDEX |
Account Type | Equity Unlimited Trade | Standard Plan |
Year of Incorporation | 2000 | 2010 |
Number of Branches | 18 | 50 |
Broker Enquiry |
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Enquire Indiabulls | Enquire Choice Broking |
Indiabulls trading account opening charges is Rs 500 while Choice Broking account opening changes is Rs 0 (Free). Indiabulls 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).
Indiabulls | Choice Broking | |
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Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 450 | Rs 200 or as per plan. (1st year AMC free) |
Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
Indiabulls | Choice Broking | |
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Account Type | Equity Unlimited Trade | Standard Plan |
Fixed Charges | Rs 1000 | |
Equity Delivery Brokerage | Rs 0 (Free) | 0.20% |
Equity Intraday Brokerage | Rs 0 (Free) | 0.02% |
Equity Futures Brokerage | Rs 15 per trade | 0.02% |
Equity Options Brokerage | Rs 15 per trade | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 15 per trade | 0.02% |
Currency Options Trading Brokerage | Rs 15 per trade | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.03% | 0.02% |
Commodity Options Trading Brokerage | 0.03% | Rs 50 per lot |
Special Offer | Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer |
Indiabulls | Choice Broking | |
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Account Type | F&O Unlimited Trade | Standard Plan |
Fixed Charges | Rs 1000 | |
Equity Delivery Brokerage | Rs 15 per trade | 0.20% |
Equity Intraday Brokerage | Rs 15 per trade | 0.02% |
Equity Futures Brokerage | Rs 0 (Free) | 0.02% |
Equity Options Brokerage | Rs 0 (Free) | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 0 (Free) | 0.02% |
Currency Options Trading Brokerage | Rs 0 (Free) | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.03% | 0.02% |
Commodity Options Trading Brokerage | 0.03% | Rs 50 per lot |
Enquire Indiabulls | Enquire Choice Broking |
Indiabulls | Choice Broking | |
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Account Type | Base Plan | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 (Free) | 0.20% |
Equity Intraday Brokerage | Rs 15 per executed order | 0.02% |
Equity Futures Brokerage | Rs 15 per executed order | 0.02% |
Equity Options Brokerage | Rs 15 per executed order | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 15 per executed order | 0.02% |
Currency Options Trading Brokerage | Rs 15 per executed order | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.03% | 0.02% |
Commodity Options Trading Brokerage | 0.03% | Rs 50 per lot |
Enquire Indiabulls | Enquire Choice Broking |
Minimum Brokerage Charges | Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan) | |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 0 (Free) | Rs 0 (Free) |
Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
Indiabulls | Choice Broking | |
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Equity Delivery | Rs 325 per crore (0.00325%) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Intraday | Rs 325 per crore (0.00325%) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Futures | Rs 250 per crore (0.0025%) | NSE Rs 240 per crore (0.0024%) |
Equity Options | Rs 5500 per crore (on premium) (0.055%) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | Rs 250 per crore (0.0025%) | NSE Rs 90 per crore (0.0009%) |
Currency Options | Rs 5500 per crore (on premium) (0.055%) | NSE Rs 4000 per crore (0.04%) |
Commodity | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) | |
Enquire Indiabulls | Enquire Choice Broking |
Indiabulls provides the margin of Up to 5x (based on the stock) for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.
Indiabulls | Choice Broking | |
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Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | Up to 5x (based on the stock) | Up to 20x |
Equity Futures | Intra-day: 4x | Carry forward: 1x (no margin) | Up to 5x |
Equity Options | Intra-day: 4x | Carry forward: 1x | 1x (no margin) for Options buying and up to 10x for options selling |
Currency Futures | Intra-day: 2x | Carry forward: 1x | Up to 3x |
Currency Options | Intra-day: 2x | Carry forward: 1x | 1x (no margin) |
Commodity Futures | NA | Up to 5x |
Commodity Options | NA | 1x (no margin) |
Enquire Indiabulls | Enquire Choice Broking |
The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). Choice Broking offers Jiffy trading software.
Indiabulls | Choice Broking | |
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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 | SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) | Jiffy |
Intraday Square-off Time | 3:15 PM | |
Other Features | Live News, World market summary | |
Referral Program | ![]() |
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Enquire Indiabulls | Enquire Choice Broking |
Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.
Indiabulls | Choice Broking | |
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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 Indiabulls | Enquire Choice Broking |
Indiabulls | Choice Broking | |
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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 | Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived)Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer |
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Enquire Indiabulls | Enquire Choice Broking |
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