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

Here is a detailed comparison of Sharekhan vs Choice Broking. Sharekhan is a full service broker providing various offers to its clients like Free demat account, Low Margin requirement & more while Choice Broking is another full service broker which also provides various offers to its customers. This comparison between Sharekhan & Choice Broking is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies. This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

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 Broking & Sharekhan

Overview of Sharekhan & Choice Broking

Overview Sharekhan Choice Broking
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, Maharashtra
Founder Jaideep Arora Kamal Poddar
Established Year 2000 1992

Sharekhan vs Choice Broking Customer Ratings Comparison

Customer Ratings Sharekhan Choice Broking
Experience 7.5/10 5.8/10
Products & Services 7.0/10 6.8/10
Brokerage Charges & Fees 6.5/10 6.2/10
Stock Research & Advisory 7.0/10 6.6/10
Trading Platforms 7.5/10 5.8/10
Overall Ratings 7.1/10 6.4/10
Star Ratings ★★★★☆ ★★★☆☆
Total Client Reviews 1236 152

Sharekhan vs Choice Broking Demat Account Comparison

Demat Services Sharekhan Choice Broking
Depository Source NSDL & CDSL CDSL & NSDL
Account Opening Charges Zero Rs.250
Demat AMC Charges Free or Rs.300 per Annum Free
Trading AMC Charges Free Free
Margin Money Zero Minimum Rs.5,000
Offline to Online R R

Choice Broking vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & Fees Sharekhan Choice Broking
Equity Delivery Trading 0.50% 0.33%
Equity Intraday Trading 0.10% 0.03%
Commodity Options Trading 0.10% 0.03%
Equity Futures Trading 0.10% 0.03%
Equity Options Trading Rs.100 per Lot or 2.5% on Premium (Takes higher amount) Rs.20 per Lot
Currency Futures Trading 0.10% 0.03%
Currency Options Trading Rs.30 per Lot or 2.5% on Premium (Takes higher amount) Rs.30 per Lot
Minimum Brokerage Rs.20 Percentage of Transaction
Demat AMC Charges Free or Rs.300 per Annum Free
Trading AMC Charges Free Free
Margin Money Zero Minimum Rs.5,000
Brokerage Calculator Sharekhan Brokerage Calculator Choice Broking Brokerage Calculator

Choice Broking & Sharekhan Other Charges Comparison

Other Charges Sharekhan Choice Broking
Transaction Charges 0.00275% of Total Turnover 0.0000285
STT 0.0126% of Total Turnover 0.0126% of Total TurSver
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total TurSver
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Choice Broking & Sharekhan Offers

Offers Sharekhan Choice Broking
Free Demat Account R R
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans R S
1 Month Brokerage Free R R
Holiday Offers S S
Referral Offers R R
Zero Brokerage for Loss Making Trades S S

Compare Services of Sharekhan vs Choice Broking

Services Sharekhan Choice Broking
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations R S
Robo Advisory R S
PMS R S
Trading Institution R S
Trading Exposure Upto 32x Upto 5X

Compare Choice Broking & Sharekhan Research & Advisory

Research & Advisory Sharekhan Choice Broking
Fundamental Reports R S
Research Reports R S
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips R R
IPO Reports S R
Top Picks R R
Daily Market Review S R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Sharekhan vs Choice Broking Exposure/Leverage

Exposure / Leverage Sharekhan Choice Broking
Equity Delivery Upto 15x Upto 3X
Equity Intraday Upto 32x Upto 5X
Equity Futures Upto 15x Upto 1X
Equity Options Upto 10x Upto 5X
Currency Futures Upto 8x Upto 2X
Currency Options Upto 10x Upto 6X
Commodities Upto 10x Upto 1X
Margin Calculator Sharekhan Margin Calculator Choice Broking Margin Calculator

Sharekhan vs Choice Broking Product Comparison

Products Sharekhan Choice Broking
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S S
Banking S S
SIP R R
Insurance S R

Sharekhan vs Choice Broking Trading Platform Comparison

Trading Platforms Sharekhan Choice Broking
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R S
Mobile Site Platform S S
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R S
Easy Installation R S
Global Indices R R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R S
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Sharekhan vs Choice Broking Customer Support

Customer Support Sharekhan Choice Broking
Dedicated Dealer R S
Offline Trading R R
Online Trading R R
24*7 Support S S
Email Support R R
Chat Support R S
Toll Free Number 1800 22 7500 S
Branches 126 480

Sharekhan vs Choice Broking Customer Complaints

Complaints (Current Year) Sharekhan Choice Broking
Lodged in BSE 198 2
Resolved in BSE 184 2
Lodged in NSE 218 15
Resolved in NSE 217 15

Compare Sharekhan with other Brokers & Choice Broking with other Brokers

 


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