The side-by-side comparison of iTradeOnline and Choice Broking. Compare iTradeOnline Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best iTradeOnline vs Choice Broking?
iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX.
Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available...
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 , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 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.
iTradeOnline | Choice Broking | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX, ICDEX |
Account Type | Pay Per Trade | Standard Plan |
Year of Incorporation | 2010 | |
Number of Branches | 50 | |
Broker Enquiry |
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Enquire iTradeOnline | Enquire Choice Broking |
iTradeOnline trading account opening charges is Rs 0 (Free) while Choice Broking account opening changes is Rs 0 (Free). iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).
iTradeOnline | Choice Broking | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Regular: Rs 0, Lifetime Free AMC: Rs 1000 | Rs 0 (Free) |
Demat Account AMC Charges | Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 | Rs 200 or as per plan. (1st year AMC free) |
iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.
iTradeOnline | Choice Broking | |
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Account Type | Pay Per Trade | Standard Plan |
Fixed Charges | Rs 0 | |
Equity Delivery Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.20% |
Equity Intraday Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.02% |
Equity Futures Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.02% |
Equity Options Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.02% |
Currency Options Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 20 per lot |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | 0.02% |
Commodity Options Trading Brokerage | Rs 50 per lot | |
Special Offer | Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback |
Minimum Brokerage Charges | Rs 0 (No Minimum Brokerage) | |
Other Brokerage Charges | Physical contact notes: Rs 20 | |
Call & Trade Charges | Rs 0 (Free) | Rs 0 (Free) |
iTradeOnline transaction charges for options is NSE Rs 5000 per crore (0.05%) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
iTradeOnline | Choice Broking | |
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Equity Delivery | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Intraday | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
Equity Futures | NSE Rs 190 per crore (0.0019%) | NSE Rs 240 per crore (0.0024%) |
Equity Options | NSE Rs 5000 per crore (0.05%) | NSE Rs 5000 per crore (0.05%) |
Currency Futures | NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) | NSE Rs 90 per crore (0.0009%) |
Currency Options | NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 | NSE Rs 4000 per crore (0.04%) |
Commodity | MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) |
Enquire iTradeOnline | Enquire Choice Broking |
iTradeOnline provides the margin of Upto 20x (based on the stock) for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.
iTradeOnline | Choice Broking | |
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Equity Delivery | Upto 5x (based on the stock) | 1x (no margin) |
Equity Intraday | Upto 20x (based on the stock) | Up to 20x |
Equity Futures | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Up to 5x |
Equity Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | 1x (no margin) for Options buying and up to 10x for options selling |
Currency Futures | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Up to 3x |
Currency Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | 1x (no margin) |
Commodity Futures | Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span | Up to 5x |
Commodity Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Span | 1x (no margin) |
Enquire iTradeOnline | Enquire Choice Broking |
The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. Choice Broking offers Jiffy trading software.
iTradeOnline | 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 | Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. | Jiffy |
Intraday Square-off Time | Equity: 3:15 PM, Commodity: 11:15 PM | 3:15 PM |
Other Features | ||
Referral Program | ![]() |
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Enquire iTradeOnline | Enquire Choice Broking |
iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.
iTradeOnline | 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 iTradeOnline | Enquire Choice Broking |
iTradeOnline | 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 | Lifetime FREE AMC Demat Account - 50% OffGet 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you. |
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Enquire iTradeOnline | Enquire Choice Broking |
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