SBI Securities vs Choice Broking – Compare Charges, Trading Features, Offers & more

Find a Comparison of SBI Securities 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 SBI Securities and Choice Broking.

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SBI Securities vs Choice Broking – Company Overview

Company Overview SBI Securities Choice Broking
Company Type Public Private
Headquarters Mumbai Mumbai
Founder Arun Mehta Kamal Poddar
Establishment Year 2006 2010

Compare the Brokerage of SBI Securities and Choice Broking

Brokerage SBI Securities Choice Broking
Brokerage Plan Standard Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.50% of Transaction Value 0.2% of Transaction Value
Equity Intraday 0.075% of Transaction Value 0.02% of Transaction Value
Equity Future 0.05% of Transaction Value 0.02% of Transaction Value
Equity Option Rs.50 to Rs.100 per lot Rs.25 per lot
Commodity Future 0.05% of Transaction Value 0.02% of Transaction Value
Commodity Option Rs.50 to Rs.100 per lot Rs.50 per lot
Currency Future 0.05% of Transaction Value 0.02% of Transaction Value
Currency Option Rs.20 to Rs.30 per lot Rs.20 per lot

SBI Securities vs Choice Broking – Trading Platforms

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

Comparison of SBI Securities and Choice Broking – Trading Features

Trading Features SBI Securities 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 No No
Customised Recommendations No Yes
Stock tips Yes Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management Yes No
Robust & Secure Platform Yes Yes

Compare SBI Securities vs Choice Broking Offers

Offers SBI Securities Choice Broking
Free Account Opening No Yes
Free AMC No No
Free Brokerage No No
Flat Brokerage No 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 Yes No
Free Trading calls Yes No
Referral Offers Upto Rs.700 per Client Upto Rs. 100 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback Yes No
Zero Brokerage for Loss Making Trades No No

SBI Securities vs Choice Broking – Products Provided

Products Provided SBI Securities 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 No No
Mutual Funds Yes No
Banking Yes
Insurance Yes Yes
Corporate Bonds Yes No
Govt. Bonds Yes No
Digital Gold No No

SBI Securities vs Choice Broking – Services Provided

Services Provided SBI Securities 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 Yes No
Stock Research Yes Yes
Stock Recommendations Yes Yes
Trading Institution Yes, Investor Sarathi No
Share Pledging Yes Yes
PMS or PCG Yes No
NRI Services Yes No

Compare SBI Securities and Choice Broking Advisory

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

Comparison of SBI Securities and Choice Broking Exposure

Exposure SBI Securities 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 SBI Securities & Choice Broking

Programs SBI Securities Choice Broking
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

SBI Securities vs Choice Broking – Ratings by Finec

Ratings SBI Securities Choice Broking
Overall Rating 8.95 / 10 8.63 / 10
Customer Support 8.92 / 10 8.59 / 10
Technology 9.06 / 10 8.73 / 10
Charges 8.99 / 10 8.66 / 10
Products & Service 8.90 / 10 8.58 / 10
Experience 8.88 / 10 8.56 / 10

Compare Customer Support of SBI Securities and Choice Broking

Customer Support SBI Securities Choice Broking
Trading Support Available, Free Available, Free
Dedicated Dealer Available, Free Available, Free
Call Support 022-68545555 022-67079999
Email Support helpdesk@sbicapsec.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 Available Available

Comparison of SBI Securities & Choice Broking Complaints

Complaints SBI Securities Choice Broking
Total Complaints Lodged 182 78
Total Complaints Resolved 162 69
% of Resolved Complaints 89.01% 88.46%
Non Actionable Complaints 11 6
% of Non Actionable Complaints 6.04% 7.69%

Compare Demat Charges of SBI Securities vs Choice Broking

Demat Charges SBI Securities Choice Broking
Account Opening Charges Rs.850 Free
Annual Maintenance Charges (AMC) Rs.750 Rs.200 – Rs.3000 (First year free)

SBI Securities vs Choice Broking – Compare STT & CTT

STT & CTT SBI Securities Choice Broking
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 0.01% on sell (Non-Agri) 0.05% on sell side
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of SBI Securities and Choice Broking

Stamp Duty SBI Securities Choice Broking
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

SBI Securities vs Choice Broking – Transaction Charges

Transaction Charges SBI Securities Choice Broking
Equity Delivery 0.00335% (NSE) & As per Stock (BSE) 0.00325% (NSE & BSE)
Equity Intraday 0.00335% (NSE) & As per Stock (BSE) 0.00325% (NSE & BSE)
Equity Future 0.002% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.053% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future 0.0009% (NSE) & 0.00022% (BSE) 0.0009% (NSE) & 0.00025% (BSE)
Currency Option 0.037% (NSE) & 0.001% (BSE) 0.037% (NSE) & 0.001% (BSE)

Compare Pledge Charges of SBI Securities & Choice Broking

Pledge Charges SBI Securities Choice Broking
Pledge Creation Charges Rs.25 per Request Rs.50 per Request or 0.02% of Value (whichever is higher)
Pledge Invocation Charges Rs.25 per Request Rs.100 per Request or 0.05% of Value (whichever is higher)
Interest on Margin Trading 0.045% per day 0.05% per day

Comparison of SBI Securities and Choice Broking – Hidden Charge

Hidden Charge SBI Securities Choice Broking
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.20 per Scrip only on Sell Rs.10 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Nil
Reactivation Charges Rs.100 Nil
Dematerialisation Charges Rs.18 per Certificate Rs.10 per certificate
Call & Trade Charges Rs.50 per Trade Rs.30 per Trade

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