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

Here is a detailed comparison of Zerodha vs Choice Broking. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Zerodha & 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.

Zerodha vs Choice BrokingIn 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 Zerodha & Choice Broking comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare Choice Broking Zerodha

Overview of Zerodha & Choice Broking

OverviewZerodhaChoice Broking
Company TypePrivatePrivate
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaMumbai, Maharashtra
Founder Nithin Kamath, Nikhil Kamath, Dr.Kailash NadhKamal Poddar
Established Year20101992

Zerodha vs Choice Broking Customer Ratings Comparison

Customer RatingsZerodhaChoice Broking
Experience8.7 / 105.8/10
Products & Services9.4 / 106.8/10
Brokerage Charges & Fees9.5 / 106.2/10
Stock Research & Advisory9.6 / 106.6/10
Trading Platforms8.5 / 105.8/10
Overall Ratings9.14 / 106.4/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews5893152

Zerodha vs Choice Broking Demat Account Comparison

Demat ServicesZerodhaChoice Broking
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.200Rs.250
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Offline to OnlineSR

Choice Broking vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaChoice Broking
Equity Delivery TradingRs 0 (Free)0.20%
Equity Intraday TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.02%
Commodity Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.50 per Lot
Equity Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.02%
Equity Options TradingFlat Rs 20 per executed order (on Turnover)Rs.25 per Lot
Currency Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.02%
Currency Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.20 per Lot
Minimum BrokerageZeroPercentage of Transaction
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorZerodha Brokerage CalculatorChoice Equity Brokerage Calculator

Choice Broking & Zerodha Other Charges Comparison

Other ChargesZerodhaChoice Broking
Transaction Charges0.00325% 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 ChargesRs 10 / Crore0.00005% (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 & Zerodha Offers

OffersZerodhaChoice Broking
Free Demat AccountSR
Free Trading AccountSR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansSS
1 Month Brokerage FreeSR
Holiday OffersSS
Referral OffersRR
Zero Brokerage for Loss Making TradesSS

Compare Services of Zerodha vs Choice Broking

ServicesZerodhaChoice Broking
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSS
Robo AdvisorySS
PMSRS
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare Choice Broking & Zerodha Research & Advisory

Research & AdvisoryZerodhaChoice Broking
Fundamental ReportsSS
Research ReportsSS
Company ReportsSS
Annual ReportsSS
Company Stock ReviewSS
Free Stock TipsSR
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Zerodha vs Choice Broking Exposure/Leverage

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

Zerodha vs Choice Broking Product Comparison

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

Zerodha vs Choice Broking Trading Platform Comparison

Trading PlatformsZerodhaChoice Broking
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRS
Mobile Site PlatformRS
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

Zerodha vs Choice Broking Customer Support

Customer SupportZerodhaChoice Broking
Dedicated DealerSS
Offline TradingSR
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportRS
Toll Free NumberSS
BranchesZero480

Zerodha vs Choice Broking Customer Complaints

Complaints (Current Year)ZerodhaChoice Broking
Lodged in BSE2202
Resolved in BSE2172
Lodged in NSE18915
Resolved in NSE18515

 


Compare Zerodha with other Brokers & Choice Broking with other Brokers


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