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

Find a Comparison of Sharekhan 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 Sharekhan and Choice Broking.

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Sharekhan vs Choice Broking – Company Overview

Company Overview Sharekhan Choice Broking
Company Type Private Private
Headquarters Mumbai Mumbai
Founder Mukesh meena Dayalpura Kamal Poddar
Establishment Year 2000 2010

Compare the Brokerage of Sharekhan and Choice Broking

Brokerage Sharekhan Choice Broking
Brokerage Plan Freedom Pricing Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.30% of Transaction Value or 1 paisa per share (whichever is higher) 0.2% of Transaction Value
Equity Intraday 0.02% of Transaction Value or 1 paisa per share (whichever is higher) 0.02% of Transaction Value
Equity Future 0.03% of Transaction Value 0.02% of Transaction Value
Equity Option Rs.30 per Lot Rs.25 per lot
Commodity Future 0.03% of Transaction Value 0.02% of Transaction Value
Commodity Option Rs.75 per Lot Rs.50 per lot
Currency Future 0.03% of Transaction Value 0.02% of Transaction Value
Currency Option Rs.20 per Lot Rs.20 per lot

Sharekhan vs Choice Broking – Trading Platforms

Trading Platforms Sharekhan Choice Broking
Android App Sharekhan Android App Link Choice Broking Android App Link
iOS App Sharekhan iOS App Link Choice Broking iOS App Link
Web Trading Platform Sharekhan 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 NA NA

Comparison of Sharekhan and Choice Broking – Trading Features

Trading Features Sharekhan 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 Yes Yes
Stock tips Yes Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management Yes No
Robust & Secure Platform Yes Yes

Compare Sharekhan vs Choice Broking Offers

Offers Sharekhan Choice Broking
Free Account Opening Yes Yes
Free AMC 1st Year Free 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.400 per Client Upto Rs. 100 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Sharekhan vs Choice Broking – Products Provided

Products Provided Sharekhan 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 No
Insurance No Yes
Corporate Bonds No No
Govt. Bonds No No
Digital Gold No No

Sharekhan vs Choice Broking – Services Provided

Services Provided Sharekhan 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 Yes Yes
Stock Recommendations Yes Yes
Trading Institution Yes, Education First No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services Yes No

Compare Sharekhan and Choice Broking Advisory

Advisory Sharekhan 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 Yes No

Comparison of Sharekhan and Choice Broking Exposure

Exposure Sharekhan 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 Sharekhan & Choice Broking

Programs Sharekhan Choice Broking
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

Sharekhan vs Choice Broking – Ratings by Finec

Ratings Sharekhan Choice Broking
Overall Rating 9.06 / 10 8.63 / 10
Customer Support 9.03 / 10 8.59 / 10
Technology 9.17 / 10 8.73 / 10
Charges 9.10 / 10 8.66 / 10
Products & Service 9.01 / 10 8.58 / 10
Experience 8.99 / 10 8.56 / 10

Compare Customer Support of Sharekhan and Choice Broking

Customer Support Sharekhan Choice Broking
Trading Support Available, Free Available, Free
Dedicated Dealer Available, Free Available, Free
Call Support 9620206565 022-67079999
Email Support corporateenquiry@sharekhan.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 NA Telegram Support Link
Branches / Offices Available Available

Comparison of Sharekhan & Choice Broking Complaints

Complaints Sharekhan Choice Broking
Total Complaints Lodged 140 78
Total Complaints Resolved 122 69
% of Resolved Complaints 87.14% 88.46%
Non Actionable Complaints 12 6
% of Non Actionable Complaints 8.57% 7.69%

Compare Demat Charges of Sharekhan vs Choice Broking

Demat Charges Sharekhan Choice Broking
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Free (1st Year) Rs.200 – Rs.3000 (First year free)

Sharekhan vs Choice Broking – Compare STT & CTT

STT & CTT Sharekhan 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 Sharekhan and Choice Broking

Stamp Duty Sharekhan 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

Sharekhan vs Choice Broking – Transaction Charges

Transaction Charges Sharekhan 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 Sharekhan & Choice Broking

Pledge Charges Sharekhan 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 0.048% per day 0.05% per day

Comparison of Sharekhan and Choice Broking – Hidden Charge

Hidden Charge Sharekhan 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 Rs.150 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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