Choice Broking Vs SAMCO Demat Account Comparison

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

SAMCO is Mumbai, an India based stockbroker. Incorporated in 2015, SAMCO enables its customer to trade equity, currency, and commodity at NSE, BSE and MCX exchanges. SAMCO is a depository participant with CDSL. They provide demat account related services to its customers.

SAMCO offer other products including leverage products for delivery margin funding and margin against shares to its NBFC subsidiary.

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra, India.

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

• Online Equity, Commodity and Currency trading at BSE, NSE and MCX.
• Leverage products for delivery margin funding and margin against shares.
• Depository Services (Demat Account)

Nil

Only Franking Charges

Choice Broking offers Standard and special plans to individual customers to opt for.

1. Basic Standard Plan: ₹200
2. Special Plan:
   1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
   2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

1. First year AMC is free.
2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
3. In case of Corporates, AMC of ₹1,000 applied from first year.

₹400 for Individual. ₹800 for Corporate.

Nil

Nil

₹25 per certificate

₹10 per Certificate plus Courier Charges ₹50 per request

₹25 per 100 Securities or 0.04% whichever is higher

Actual CDSL charges plus Courier charges ₹50 per request.

₹10per transaction + GST

₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP

₹50 or 0.02% whichever is higher + GST

₹60 per ISIN

Nil

₹100 or 0.05% whichever is higher + GST

₹60 per ISIN

₹10 per instruction + GST

Nil

Additional request for every DIS Booklet: ₹100.