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Choice Broking Vs Karvy Online
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Choice Broking Vs Karvy Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Choice Broking Vs Karvy Online Comparison
Here is a point by point comparison of Choice Broking Vs Karvy Online.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments. Incorporated in 1985,
Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Choice Broking is a Mumbai based full-service stockbroker with a wide range of trading and investment products. Launched in the year 2010, the broker is known for multiple account opening and maintenance level plans providing reasonable flexibility to its clients.
Full-service brokers such as Choice Broking or Karvy Online will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Choice Broking Vs Karvy Online to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Choice Broking Vs Karvy Online Compare
 |  | |
| Karvy Online Review | Choice Broking Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Full Service Broker |
| Incorporated In the Year | 1985 | 2010 |
| Number of branches across India | 400 | 75 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX, MCX-SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹200 + ₹500 for PoA |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹420 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹500 (FREE for first year) | ₹0 |
| Transaction Charges | Karvy Online Transaction Charges | Choice Broking Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.2% |
| Intraday Delivery | 0.03% | 0.02% |
| Equity Futures | 0.03% | 0.02% |
| Equity Options | ₹30 per lot | ₹50 per lot |
| Currency Futures | 0.03% | ₹10 per lot |
| Currency Options | ₹30 per lot | ₹10 per lot |
| Commodity | 0.03% | 0.02% |
| Brokerage Calculator | Karvy Online Brokerage Calculator | Choice Broking Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 20 times, 0 for Delivery | Upto 10 times for Intraday, 2 times for Delivery |
| Equity Futures | Upto 4 times for Intraday | 3 times for Intraday |
| Equity Options | No Leverage for buying, upto 4 times for Shorting Intraday | 2 times for Intraday |
| Currency Futures | No Leverage | 2 times for Intraday |
| Currency Options | No Leverage | 2 times for Intraday |
| Commodities | Upto 4 times for Intraday | 3 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat |  | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NEST, Karvy Web, Trade Mobile App | ODIN Diet, Choice Index Mobile App, Choice Investica |
| Complaints percentage | 0.08% | 0.23% |
| OVERALL RATING |  |  |
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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Choice Broking Vs Karvy Online
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