Finec | Stock Broker, Sub Broker, Portfolio Management & moreFind a Comparison of Choice Broking vs MarketWolf 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 Choice Broking and MarketWolf.
| Company Overview | Choice Broking | MarketWolf |
|---|---|---|
| Company Type | Private | Private |
| Headquarters | Mumbai | Mumbai |
| Founder | Kamal Poddar | Vishesh Dhingra & Thomas Joseph |
| Establishment Year | 2010 | 2017 |
| Brokerage | Choice Broking | MarketWolf |
|---|---|---|
| Brokerage Plan | Standard Plan | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | 0.2% of Transaction Value | Free |
| Equity Intraday | 0.02% of Transaction Value | Rs.20 per Trade |
| Equity Future | 0.02% of Transaction Value | Rs.20 per Trade |
| Equity Option | Rs.25 per lot | Rs.20 per Trade |
| Commodity Future | 0.02% of Transaction Value | NA |
| Commodity Option | Rs.50 per lot | NA |
| Currency Future | 0.02% of Transaction Value | NA |
| Currency Option | Rs.20 per lot | NA |
| Trading Platforms | Choice Broking | MarketWolf |
|---|---|---|
| Android App | Choice Broking Android App Link | Marketwolf Android App Link |
| iOS App | Choice Broking iOS App Link | NA |
| Web Trading Platform | Choice Broking Web Trading Link | NA |
| Trading Terminal | NA | NA |
| Algo Trading Platform | NA | NA |
| Foreign Stocks Trading Platform | NA | NA |
| Basket Trading Platform | NA | NA |
| Mutual Fund Investment Platform | NA | Available |
| Digital Gold Investment Platform | NA | NA |
| Bonds Investment Platform | NA | NA |
| Trading Features | Choice Broking | MarketWolf |
|---|---|---|
| Wishlist | Yes | Yes |
| Real Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | No | Yes |
| Research Reports | Yes | No |
| Global indices | No | No |
| Customised Recommendations | Yes | No |
| Stock tips | Yes | No |
| Interactive charts | Yes | Yes |
| Live market | Yes | Yes |
| Multi Profile Management | No | No |
| Robust & Secure Platform | Yes | Yes |
| Offers | Choice Broking | MarketWolf |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | No | Yes |
| Free Brokerage | No | Yes, Limited |
| Flat Brokerage | No | Yes |
| Flexible Brokerage Plans | No | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | Yes |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | No | No |
| Free Trading calls | No | No |
| Referral Offers | Upto Rs. 100 per Client | 20% of Revenue |
| Margin Funding / Pledging | Yes | No |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss Making Trades | No | Yes |
| Products Provided | Choice Broking | MarketWolf |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | No |
| Commodity Future | Yes | No |
| Currency Option | Yes | No |
| Currency Future | Yes | No |
| Foreign Stocks | No | No |
| Mutual Funds | No | Yes |
| Insurance | Yes | No |
| Corporate Bonds | No | No |
| Govt. Bonds | No | No |
| Digital Gold | No | No |
| Banking | No |
| Services Provided | Choice Broking | MarketWolf |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | No | Yes |
| 3 in 1 Account | No | No |
| Stock Research | Yes | No |
| Stock Recommendations | Yes | No |
| Trading Institution | No | No |
| Share Pledging | Yes | No |
| PMS or PCG | No | No |
| NRI Services | No | No |
| Advisory | Choice Broking | MarketWolf |
|---|---|---|
| Fundamental Reports | Yes | No |
| Research Reports | Yes | No |
| Company Reports | Yes | No |
| Annual Reports | Yes | No |
| IPO Reports | No | No |
| Technical Reports | No | No |
| Stock Tips | Yes | No |
| Daily Top Stock Picks | Yes | No |
| Daily Market Review | No | No |
| Monthly Review | Yes | No |
| Weekly Review | No | No |
| Relationship Manager | Yes | No |
| Robo Advisory | No | No |
| Exposure | Choice Broking | MarketWolf |
|---|---|---|
| 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 |
| Programs | Choice Broking | MarketWolf |
|---|---|---|
| Sub Broker Program | Yes | Yes, Limited |
| Partner Program | Yes | Yes, Limited |
| Referral Program | Yes | Yes |
| Ratings | Choice Broking | MarketWolf |
|---|---|---|
| Overall Rating | 8.63 / 10 | 8.30 / 10 |
| Customer Support | 8.59 / 10 | 8.27 / 10 |
| Technology | 8.73 / 10 | 8.40 / 10 |
| Charges | 8.66 / 10 | 8.34 / 10 |
| Products & Service | 8.58 / 10 | 8.25 / 10 |
| Experience | 8.56 / 10 | 8.24 / 10 |
| Customer Support | Choice Broking | MarketWolf |
|---|---|---|
| Trading Support | Available, Free | NA |
| Dedicated Dealer | Available, Free | NA |
| Call Support | 022-67079999 | 7021723249 |
| Email Support | [email protected] | [email protected] |
| Whatsapp Support | NA | 7827646482 |
| 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 | Available | NA |
| Complaints | Choice Broking | MarketWolf |
|---|---|---|
| Total Complaints Lodged | 78 | 2 |
| Total Complaints Resolved | 69 | 2 |
| % of Resolved Complaints | 88.46% | 100.00% |
| Non Actionable Complaints | 6 | 0 |
| % of Non Actionable Complaints | 7.69% | 0.00% |
| Demat Charges | Choice Broking | MarketWolf |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Rs.200 – Rs.3000 (First year free) | Free |
| STT & CTT | Choice Broking | MarketWolf |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Intraday | 0.025% on sell | 0.025% on sell |
| Equity Future | 0.0125% on sell | 0.0125% on sell |
| Equity Option | 0.0625% on sell (on premium) | 0.0625% on sell (on premium) |
| Commodity Future | 0.05% on sell side | 0.01% on sell (Non-Agri) |
| Commodity Option | 0.05% on sell | 0.05% on sell |
| Currency Future | Nil | Nil |
| Currency Option | Nil | Nil |
| Stamp Duty | Choice Broking | MarketWolf |
|---|---|---|
| Equity Delivery | 0.015% on buy | 0.015% on buy |
| Equity Intraday | 0.003% on buy | 0.003% on buy |
| Equity Future | 0.002% on buy | 0.002% on buy |
| Equity Option | 0.003% on buy | 0.003% on buy |
| Commodity Future | 0.002% on buy | 0.002% on buy |
| Commodity Option | 0.003% on buy | 0.003% on buy |
| Currency Future | 0.0001% on buy | 0.0001% on buy |
| Currency Option | 0.0001% on buy | 0.0001% on buy |
| Transaction Charges | Choice Broking | MarketWolf |
|---|---|---|
| Equity Delivery | 0.00325% (NSE & BSE) | 0.00345% (NSE) & As per Stock (BSE) |
| Equity Intraday | 0.00325% (NSE & BSE) | 0.00345% (NSE) & As per Stock (BSE) |
| Equity Future | 0.0019% (NSE & BSE) | 0.002% (NSE & BSE) |
| Equity Option | 0.053% (on premium) | 0.053% (on premium) |
| Commodity Future | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) | NA |
| Commodity Option | 0.05% (Non Agri) | NA |
| Currency Future | 0.0009% (NSE) & 0.00025% (BSE) | NA |
| Currency Option | 0.037% (NSE) & 0.001% (BSE) | NA |
| Pledge Charges | Choice Broking | MarketWolf |
|---|---|---|
| Pledge Creation Charges | Rs.50 per Request or 0.02% of Value (whichever is higher) | Nil |
| Pledge Invocation Charges | Rs.100 per Request or 0.05% of Value (whichever is higher) | Nil |
| Interest on Margin Trading | 0.05% per day | NA |
| Hidden Charge | Choice Broking | MarketWolf |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.10 per Scrip on Sell | Rs.15 per Scrip on Sell |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | 18% on (Brokerage + SEBI + Transaction charges) |
| Account Closure Charges | Nil | Nil |
| Reactivation Charges | Nil | Nil |
| Dematerialisation Charges | Rs.10 per certificate | Nil |
| Call & Trade Charges | Rs.30 per Trade | Rs.100 per Trade |
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