Yes Securities Vs Choice Broking (Compare Yes Securities and Choice Broking)

Yes Securities Vs Choice Broking

Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 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.

	Yes Securities	Choice Broking
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX, ICDEX
Year of Incorporation	2013	2010
Number of Branches	52	50
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Yes Securities Vs Choice Broking Charges & AMC

Yes Securities trading account opening charges is Rs 999 while Choice Broking account opening changes is Rs 0 (Free). Yes Securities Demat Account AMC Charges is Rs 500 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

	Yes Securities	Choice Broking
Trading Account Opening Charges	Rs 999	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 500	Rs 200 or as per plan. (1st year AMC free)

Yes Securities Vs Choice Broking Brokerage

Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides) whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.

	Yes Securities	Choice Broking
Account Type	INVEST Value Plan	Standard Plan
Fixed Charges
Equity Delivery	0.45%	0.20%
Equity Intraday	0.05%(both Sides)	0.02%
Equity Futures	0.05% | Intraday - 0.02%	0.02%
Equity Options	Rs 75 per lot | Intraday - Rs 25 per lot	Rs 25 per lot
Currency Futures	0.05% | Intraday - 0.02%	0.02%
Currency Options	Rs 75 per lot | Intraday - Rs 25 per lot	Rs 20 per lot
Commodity Futures	NA	0.02%
Commodity Options	NA	Rs 50 per lot
Special Offer

Yes Securities Vs Choice Broking Brokerage Plan 2

	Yes Securities	Choice Broking
Account Type	INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)	Standard Plan
Fixed Charges
Equity Delivery	0.40%	0.20%
Equity Intraday	0.04%	0.02%
Equity Futures	0.04% | Intraday - 0.02%	0.02%
Equity Options	Rs 70 per lot | Intraday - Rs 25 per lot	Rs 25 per lot
Currency Futures	0.04% | Intraday - 0.02%	0.02%
Currency Options	Rs 70 per lot | Intraday - Rs 25 per lot	Rs 20 per lot
Commodity Futures	NA	0.02%
Commodity Options	NA	Rs 50 per lot
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Yes Securities Charges Vs Choice Broking

Minimum Brokerage	Rs 25 or 2.5% of Trade Value whichever is lower
Other Charges
Call & Trade Charges	Additional Rs 25 per executed order	Rs 0 (Free)

Yes Securities Vs Choice Broking Transaction Charges

Yes Securities transaction charges for options is 0.053% (on premium) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	Yes Securities	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	0.002%	NSE Rs 240 per crore (0.0024%)
Equity Options	0.053% (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	0.00125%	NSE Rs 90 per crore (0.0009%)
Currency Options	0.0435% (on premium)	NSE Rs 4000 per crore (0.04%)
Commodity	0.0030%	Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%)
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Yes Securities Vs Choice Broking Leverage (Margin)

Yes Securities 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.

	Yes Securities	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)
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Compare Yes Securities and Choice Broking Features

The trading platforms offered Yes Securities include YesInvest (Website), Yes Trader (Mobile App). Choice Broking offers Jiffy trading software.

	Yes Securities	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	YesInvest (Website), Yes Trader (Mobile App)	Jiffy
Intraday Square-off Time		3:15 PM
Other Features
Referral Program
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Yes Securities Vs Choice Broking Review

Yes Securities is rated 2.0 of 5 based on 2 customer reviews whereas Choice Broking is rated 4.0 of 5 based on 6 customer reviews.

	Yes Securities	Choice Broking
	2 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Yes Securities is rated 2.0 of 5 based on 2 customer reviews	Choice Broking is rated 4.0 of 5 based on 6 customer reviews

Yes Securities Vs Choice Broking Investment Options

	Yes Securities	Choice Broking
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Portfolio Management Services, Insurance

Yes Securities Vs Choice Broking Order Type Offered

	Yes Securities	Choice Broking
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Yes Securities Vs Choice Broking Research Report

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

Yes Securities Vs Choice Broking Suitable For Investor Type

	Yes Securities	Choice Broking
Casual Investor
Active Investor
Trader

Yes Securities Vs Choice Broking - Pros and Cons

	Yes Securities	Choice Broking
Pros	Part of the prestigious Yes Bank. Full-service broker offering dedicated RM to all customers. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account. Neighborhood support is available through 50+ branches.	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	Very expensive brokerage charges Doesn't offer commodity trading at MCX. Minimum brokerage of Rs 25. Call & Trade is available for an additional Rs 25 per executed order. Doesn't provide 'Installable Trading Terminal' software to customers.	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
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