Sharekhan vs Choice Broking – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Sharekhan vs Choice Broking. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Sharekhan & Choice Broking will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Sharekhan vs Choice Broking

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Sharekhan & Choice Broking comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare Choice BrokingSharekhan

Overview of Sharekhan & Choice Broking

OverviewSharekhanChoice Broking
Company TypePublicPrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, Maharashtra
FounderShripal MorakhiaKamal Poddar
Established Year20001992

Sharekhan vs Choice Broking Customer Ratings Comparison

Customer RatingsSharekhanChoice Broking
Experience8.7 / 105.8/10
Products & Services8.8 / 106.8/10
Brokerage Charges & Fees8.5 / 106.2/10
Stock Research & Advisory8.3 / 106.6/10
Trading Platforms8.2 / 105.8/10
Overall Ratings8.50 / 106.4/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews7839152

Sharekhan vs Choice Broking Demat Account Comparison

Demat ServicesSharekhanChoice Broking
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroRs.250
Demat AMC ChargesRs 400 (Free for 1st year)Free
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineRR

Choice Broking vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & FeesSharekhanChoice Broking
Equity Delivery Trading0.10%0.20%
Equity Intraday Trading0.50%0.02%
Commodity Options Trading0.03%Rs.50 per Lot
Equity Futures Trading0.10%0.02%
Equity Options TradingRs 50 per lotRs.25 per Lot
Currency Futures Trading0.10%0.02%
Currency Options TradingRs 30 per lotRs.20 per Lot
Minimum BrokerageRs.30Percentage of Transaction
Demat AMC ChargesRs 400 (Free for 1st year)Free
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorSharekhan Brokerage CalculatorChoice Equity Brokerage Calculator

Choice Broking & Sharekhan Other Charges Comparison

Other ChargesSharekhanChoice Broking
Transaction Charges0.00275% of Total Turnover0.0000285
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover Charges0.00005% (₹5/Crore)0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare Choice Broking & Sharekhan Offers

OffersSharekhanChoice Broking
Free Demat AccountSR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansRS
1 Month Brokerage FreeRR
Holiday OffersSS
Referral OffersRR
Zero Brokerage for Loss Making TradesSS

Compare Services of Sharekhan vs Choice Broking

ServicesSharekhanChoice Broking
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRS
Robo AdvisoryRS
PMSRS
Trading InstitutionRS
Trading ExposureUpto 5xUpto 5x

Compare Choice Broking & Sharekhan Research & Advisory

Research & AdvisorySharekhanChoice Broking
Fundamental ReportsRS
Research ReportsRS
Company ReportsRS
Annual ReportsRS
Company Stock ReviewRS
Free Stock TipsRR
IPO ReportsSR
Top PicksRR
Daily Market ReviewSR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Sharekhan vs Choice Broking Exposure/Leverage

Exposure / LeverageSharekhanChoice Broking
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorSharekhan Margin CalculatorChoice Broking Margin Calculator

Sharekhan vs Choice Broking Product Comparison

ProductsSharekhanChoice Broking
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSS
BankingSS
SIPRR
InsuranceSR

Sharekhan vs Choice Broking Trading Platform Comparison

Trading PlatformsSharekhanChoice Broking
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRS
Mobile Site PlatformSS
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRS
Easy InstallationRS
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRS
Interactive ChartsRS
Live MarketsRR
SMS AlertsRS
Email AlertsRR
Multi Account ManagementRS

Sharekhan vs Choice Broking Customer Support

Customer SupportSharekhanChoice Broking
Dedicated DealerRS
Offline TradingRR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportRS
Toll Free Number1800 22 7500S
Branches126480

Sharekhan vs Choice Broking Customer Complaints

Complaints (Current Year)SharekhanChoice Broking
Lodged in BSE1982
Resolved in BSE1842
Lodged in NSE21815
Resolved in NSE21715

Compare Sharekhan with other Brokers & Choice Broking with other Brokers


Open Demat Account with your Favorite Broker

    Fill Your Details Here


    Featured Topics:

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    24 + 9 =

    Get 90% Discount on Brokerage Now! Open Demat Account