5Paisa vs Choice Broking – Compare Charges, Trading Features, Offers & more

Find a Comparison of 5Paisa vs Choice Broking here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of 5Paisa and Choice Broking.

  • Compare Stock Broker

5Paisa vs Choice Broking – Company Overview

Company Overview 5Paisa Choice Broking
Company Type Public Private
Headquarters Mumbai Mumbai
Founder Nirmal Jain Kamal Poddar
Establishment Year 2016 2010

Compare the Brokerage of 5Paisa and Choice Broking

Brokerage 5Paisa Choice Broking
Brokerage Plan Regular Account Standard Plan
Subscription Charges Zero Zero
Equity Delivery Rs.20 per Trade 0.2% of Transaction Value
Equity Intraday Rs.20 per Trade 0.02% of Transaction Value
Equity Future Rs.20 per Trade 0.02% of Transaction Value
Equity Option Rs.20 per Trade Rs.25 per lot
Commodity Future Rs.20 per Trade 0.02% of Transaction Value
Commodity Option Rs.20 per Trade Rs.50 per lot
Currency Future Rs.20 per Trade 0.02% of Transaction Value
Currency Option Rs.20 per Trade Rs.20 per lot

5Paisa vs Choice Broking – Trading Platforms

Trading Platforms 5Paisa Choice Broking
Android App 5Paisa Android App Link Choice Broking Android App Link
iOS App 5Paisa iOS App Link Choice Broking iOS App Link
Web Trading Platform 5Paisa Web Trading Link Choice Broking Web Trading Link
Trading Terminal Available NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform Available NA
Basket Trading Platform Available NA
Mutual Fund Investment Platform Available NA
Digital Gold Investment Platform Available NA
Bonds Investment Platform Available NA

Comparison of 5Paisa and Choice Broking – Trading Features

Trading Features 5Paisa Choice Broking
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes No
Research Reports Yes Yes
Global indices Yes No
Customised Recommendations No Yes
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare 5Paisa vs Choice Broking Offers

Offers 5Paisa Choice Broking
Free Account Opening Yes Yes
Free AMC No No
Free Brokerage Yes, Limited No
Flat Brokerage Yes No
Flexible Brokerage Plans Yes No
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports No No
Free Trading calls No No
Referral Offers 12.5% + Rs.100 Referral Credit per Client Upto Rs. 100 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

5Paisa vs Choice Broking – Products Provided

Products Provided 5Paisa Choice Broking
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks Yes No
Mutual Funds Yes No
Banking No
Insurance No Yes
Corporate Bonds Yes No
Govt. Bonds Yes No
Digital Gold Yes No

5Paisa vs Choice Broking – Services Provided

Services Provided 5Paisa Choice Broking
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes No
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution Yes, FinSchool No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare 5Paisa and Choice Broking Advisory

Advisory 5Paisa Choice Broking
Fundamental Reports No Yes
Research Reports No Yes
Company Reports No Yes
Annual Reports No Yes
IPO Reports No No
Technical Reports No No
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No No
Monthly Review No Yes
Weekly Review No No
Relationship Manager No Yes
Robo Advisory No No

Comparison of 5Paisa and Choice Broking Exposure

Exposure 5Paisa Choice Broking
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of 5Paisa & Choice Broking

Programs 5Paisa Choice Broking
Sub Broker Program Yes, Limited Yes
Partner Program Yes Yes
Referral Program Yes Yes

5Paisa vs Choice Broking – Ratings by Finec

Ratings 5Paisa Choice Broking
Overall Rating 9.60 / 10 8.63 / 10
Customer Support 9.57 / 10 8.59 / 10
Technology 9.72 / 10 8.73 / 10
Charges 9.64 / 10 8.66 / 10
Products & Service 9.55 / 10 8.58 / 10
Experience 9.53 / 10 8.56 / 10

Compare Customer Support of 5Paisa and Choice Broking

Customer Support 5Paisa Choice Broking
Trading Support Available, Chargeable Available, Free
Dedicated Dealer Available, Chargeable Available, Free
Call Support 8976689766 022-67079999
Email Support support@5paisa.com customercare@choiceindia.com
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link Telegram Support Link
Branches / Offices NA Available

Comparison of 5Paisa & Choice Broking Complaints

Complaints 5Paisa Choice Broking
Total Complaints Lodged 178 78
Total Complaints Resolved 145 69
% of Resolved Complaints 81.46% 88.46%
Non Actionable Complaints 17 6
% of Non Actionable Complaints 9.55% 7.69%

Compare Demat Charges of 5Paisa vs Choice Broking

Demat Charges 5Paisa Choice Broking
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.300 per Year Rs.200 – Rs.3000 (First year free)

Compare more Stock Brokers Now!

Invest with Zero Brokerage Now!Open Demat Account