Here is a detailed comparison of Way2Wealth vs Choice Broking. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Way2Wealth & 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.
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 Way2Wealth & Choice Broking comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare Choice Broking & Way2Wealth
Overview of Way2Wealth & Choice Broking |
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| Overview | Way2Wealth | Choice Broking |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Bangalore, Karnataka | Mumbai, Maharashtra |
| Founder | V.G. Siddhartha | Kamal Poddar |
| Established Year | 1984 | 1992 |
Way2Wealth vs Choice Broking Customer Ratings Comparison |
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| Customer Ratings | Way2Wealth | Choice Broking |
| Experience | 4.4/10 | 5.8/10 |
| Products & Services | 5.3/10 | 6.8/10 |
| Brokerage Charges & Fees | 6.4/10 | 6.2/10 |
| Stock Research & Advisory | 5.2/10 | 6.6/10 |
| Trading Platforms | 5.2/10 | 5.8/10 |
| Overall Ratings | 5.3/10 | 6.4/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 119 | 152 |
Way2Wealth vs Choice Broking Demat Account Comparison |
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| Demat Services | Way2Wealth | Choice Broking |
| Depository Source | CDSL & NSDL | CDSL & NSDL |
| Account Opening Charges | Zero | Rs.250 |
| Demat AMC Charges | Rs.200 | Free |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero Margin | Minimum Rs.5,000 |
| Offline to Online | R | R |
Choice Broking vs Way2Wealth Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Way2Wealth | Choice Broking |
| Equity Delivery Trading | 0.1% – 0.4% | 0.33% |
| Equity Intraday Trading | 0.01% – 0.04% | 0.03% |
| Commodity Options Trading | 0.01% – 0.04% | 0.03% |
| Equity Futures Trading | 0.01% – 0.04% | 0.03% |
| Equity Options Trading | Rs.20 – Rs.70 per Lot | Rs.20 per Lot |
| Currency Futures Trading | 0.01% – 0.04% | 0.03% |
| Currency Options Trading | Rs.10 – Rs.40 per Lot | Rs.30 per Lot |
| Minimum Brokerage | Customizable | Percentage of Transaction |
| Demat AMC Charges | Rs 242 per Annum | Free |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum 10,000 | Minimum Rs.5,000 |
| Brokerage Calculator | Way2Wealth Brokerage Calculator | Choice Broking Brokerage Calculator |
Choice Broking & Way2Wealth Other Charges Comparison |
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| Other Charges | Way2Wealth | Choice Broking |
| Transaction Charges | 0.00325% of Total Turnover | 0.0000285 |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| 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 & Way2Wealth Offers |
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| Offers | Way2Wealth | 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 | S | R |
| Holiday Offers | R | S |
| Referral Offers | R | R |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Way2Wealth vs Choice Broking |
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| Services | Way2Wealth | Choice Broking |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | S |
| Robo Advisory | R | S |
| PMS | R | S |
| Trading Institution | S | S |
| Trading Exposure | Upto 6x | Upto 5X |
Compare Choice Broking & Way2Wealth Research & Advisory |
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| Research & Advisory | Way2Wealth | 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 | R | R |
| Top Picks | R | R |
| Daily Market Review | R | R |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
Way2Wealth vs Choice Broking Exposure/Leverage |
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| Exposure / Leverage | Way2Wealth | Choice Broking |
| Equity Delivery | Upto 2X | Upto 3X |
| Equity Intraday | Upto 6X | Upto 5X |
| Equity Futures | Upto 2X | Upto 1X |
| Equity Options | Upto 4X | Upto 5X |
| Currency Futures | Upto 2X | Upto 2X |
| Currency Options | Upto 2X | Upto 6X |
| Commodities | Upto 2X | Upto 1X |
| Margin Calculator | Way2Wealth Margin Calculator | Choice Broking Margin Calculator |
Way2Wealth vs Choice Broking Product Comparison |
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| Products | Way2Wealth | 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 | R | S |
| Banking | S | S |
| SIP | R | R |
| Insurance | R | R |
Way2Wealth vs Choice Broking Trading Platform Comparison |
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| Trading Platforms | Way2Wealth | 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 |
Way2Wealth vs Choice Broking Customer Support |
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| Customer Support | Way2Wealth | 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 | S | S |
| Toll Free Number | S | S |
| Branches | 180 | 480 |
Way2Wealth vs Choice Broking Customer Complaints |
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| Complaints (Current Year) | Way2Wealth | Choice Broking |
| Lodged in BSE | 128 | 2 |
| Resolved in BSE | 128 | 2 |
| Lodged in NSE | 196 | 15 |
| Resolved in NSE | 196 | 15 |
Compare Way2Wealth with other Brokers & Choice Broking with other Brokers
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