The side-by-side comparison of Choice Broking and Firstock NRI Account. Compare Choice Broking Vs Firstock NRI Account brokerage charges, exposure margin, demat account and AMC. Read Firstock and Choice Broking NRI Account reviews.
Find out Choice Broking Vs Firstock which is better NRI Trading Account. See Choice Broking Vs Firstock which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Choice Broking and Firstock NRI Account.
Choice Broking | Firstock | |
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About the Broker | Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NRI ...![]() | Firstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati...![]() |
Account Type | NRI Trading | Equity (PIS) |
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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
Choice Broking | Firstock | |
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NRI Account Opening Fees | ₹0 | |
NRI Account AMC | ₹0 | |
NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
NRI Demat Account AMC | Rs 200 or as per plan. (1st year AMC free) | Rs 0 (Free) |
PIS Account AMC | NA | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
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Account Type | Choice Broking NRI Trading | Firstock Equity (PIS) |
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Equity Delivery | 0.50% | 0.5% or Rs 200 per order, whichever is lower |
Equity Futures | 0.03% | Rs 100 per executed order |
Equity Options | ₹100 per lot | Rs 100 per executed order |
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Contract Note Reporting Charges | NA | |
Other Brokerage Charges | Demat Account AMC - ₹200 per year | Equity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower |
TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
Choice Broking | Firstock | |
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Securities Transaction Tax (STT) |
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Exchange Transaction Charges | Check Exchange Transaction Fee | |
SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
Choice Broking Margin | Firstock Margin | |
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Equity Delivery | 1x | 1x |
Equity Futures | 1x | 1x |
Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. |
Choice Broking | Firstock | |
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3-in-1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Free Research And Tips | ![]() | ![]() |
Other Features | ||
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Choice Broking Review | Firstock Review | |
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19 Customer Reviews ![]() | 1 Customer Reviews ![]() | |
Fees | ![]() | ![]() |
Brokerage | ![]() | ![]() |
Trading Platform | ![]() | ![]() |
Customer Service | ![]() | ![]() |
Overall Rating | ![]() | ![]() |
Broker Rating | Choice Broking is Rated 2.9 / 5 based on 19 customer reviews | Firstock is Rated 3.0 / 5 based on 1 customer reviews |
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Choice Broking Enquire | Choice Broking Enquire | |
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Contact Broker | 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. | Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
Choice Broking | Firstock | |
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Stocks | ![]() | ![]() |
Initial Public Offers (IPO) | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Other Investment Options |
Choice Broking | Firstock | |
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Customer Care Number | 022-67079903, 9819545987 | |
Customer Care Email | nri@choiceindia.com | |
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Choice Broking | Firstock | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
Choice Broking | Firstock | |
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Conclusion | Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses. | |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| FirstockSpecial OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited-time offer. Open a Free Demat Account online and start trading today. |
Open Firstock Account |