The side-by-side comparison of Choice Broking and INDmoney Demat Account. Compare Choice Broking Vs INDmoney Demat Account charges, AMC and Fees. Read INDmoney and Choice Broking demat Account review.
Find out Choice Broking Vs INDmoney which is better demat account and Choice Broking Vs INDmoney which is best demat account.
Our Choice Equity Broking Private Limited demat account comparison with INDmoney Private Limited highlights the major differences between two brokers. Find the best demat between Choice Broking and INDmoney.
| Choice Broking | INDmoney | |
|---|---|---|
 |  | |
| About the Broker | 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. | INDmoney is a comprehensive financial platform designed to help users manage and grow their wealth by offering a range of investment and tracking services. Users can invest in Indian stocks, US stocks, mutual funds, fixed deposits, and IPOs. The platform supports setting up SIPs (Systematic Investment Plans) in both Indian and US stocks, ETFs, and mutual funds, with flexible frequencies such as daily, weekly, or monthly. INDmoney is a comprehensive personal finance app that helps users track, plan and invest effortlessly. It offers two main applications: INDmoney (for stocks and mutual funds) and INDstocks (for F&O and trading). |
| DP ID | 12066900, IN301895 | 12095500 |
| Contact Info | Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099 | 6th Floor, 616, Suncity Success Tower, Golf Course Extension Road, Sector-65, Gurugram, Haryana, 122005. |
| Services Offered | NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX | Indian stocks, US stocks, mutual funds, fixed deposits, and IPOs. |
| Find more info about broker | ||
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100. |
| Choice Broking | INDmoney | |
|---|---|---|
| Demat Account Opening Fee | Nil | Rs 0 |
| Demat Account AMC | Choice Broking offers Standard and special plans to individual customers to opt for.
Note:
| Rs 0 |
| Advance Deposit | Nil | Rs 0 |
| Open INDmoney Account |
| Choice Broking | INDmoney | |
|---|---|---|
| Dematerialisation Charges | ₹25 per certificate | Rs 250 per Transaction |
| Rematerialisation Charges | ₹25 per 100 Securities or 0.04% whichever is higher | Rs 250 per Transaction |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | ₹10per transaction + GST | DP charges: Rs 18.5 + GST per ISIN per Transaction. Male - Rs 3.50 (CDSL) + Rs 15.00 (INDmoney Charge). Female - Rs 3.25 (CDSL) + Rs 15.25 (INDmoney Charge) |
| Pledge Creation Charges | ₹50 or 0.02% whichever is higher + GST | Rs 20 per request+ GST |
| Pledge Creation Confirmation Charges | ||
| Pledge Invocation Charges | ₹100 or 0.05% whichever is higher + GST | Rs 50 per request+ GST+DP Charges Delivery Sell (Rs 18.5 per ISIN per transaction) |
| Failed Instruction Charges | ₹10 per instruction + GST | |
| Other Charges | Additional request for every DIS Booklet: ₹100. | Unpledge Request: Rs 20 per request+GST |
| Choice Broking Enquire | INDmoney Enquire | |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| INDmoneySpecial OfferFree stock trading and mutual funds Account
Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today. |
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