TradeSmart Vs Choice Broking Demat Account Comparison

TradeSmart, a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. TradeSmart offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

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.

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

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

Online Stock Trading, Depository Services

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

Free

Nil

1. Individual Account: Rs 300 per year
2. Corporate Account: Rs 800 per year

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.

Nil

Nil

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

₹25 per certificate

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

₹25 per 100 Securities or 0.04% whichever is higher

TradeSmart charges a demat transaction fee of Rs 15.

₹10per transaction + GST

Rs 15 per scrip

₹50 or 0.02% whichever is higher + GST

Nil

Rs 15 per scrip

₹100 or 0.05% whichever is higher + GST

Nil

₹10 per instruction + GST

• Late instruction: 0.1% scrip value
• Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
• Physical transaction statement: Rs 50 per BO statement plus courier charges
• Cheque dishonour charges: Rs 200 per instance
• Offmarket transfer (DP): Rs 25 plus service tax
• Inter DP transfer: Rs 25 plus service tax
• KRA Modification: Rs 35 plus service tax

Additional request for every DIS Booklet: ₹100.