Choice Broking is a full-service stockbroker in India that offers a wide range of services, including trading in stocks, mutual funds, derivatives, and commodities. It offers a variety of trading platforms, including a web-based platform, a mobile app, and a desktop platform. The company also offers a variety of research and advisory services. Choice has an active client base of 1,93,545 as of March 2024.
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Account Opening Charges
FreeAccount Maintenance Charges
₹ 200Plan Charges
FreeCall & Trade Charges
FreeEquity Delivery Brokerage
0.20%Equity Intraday Brokerage
0.02%Equity Futures Brokerage
0.02%Equity Options Brokerage
₹ 25Currency Futures Brokerage
0.02%Currency Options Brokerage
₹ 20Commodity Futures Brokerage
0.02%Commodity Options Brokerage
₹ 50Equity Delivery Margin
2xEquity Intraday Margin
6xEquity Futures Margin
1.3xEquity Options Margin
1.3xCurrency Futures Margin
1.3xCurrency Options Margin
1.3xCommodity Futures Margin
1.3xCommodity Options Margin
1.3xSet of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Advantages and Strengths of this broker.
Disadvantages of this broker that it needs to improve upon.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Choice is a full-service stockbroker that offers an array of trading products and research teams to promote convenient and informed investing and trading choices. Choice also provides customized services under wealth management, tax advisory, etc., while enabling trade-in equity commodity trading, IPOs, mutual funds, and more.
An ultrafast & user-friendly trading platform that can help reduce the risk of errors when placing trades.
Expert research on apps for cash, intraday, and derivatives trading.
Advanced order categories like cover order, good till canceled order, etc.
Research-backed advisory and regular news alerts.
Thorough technical charts and daily stock pick ideas to discover new opportunities.
Low depository charges (Rs 10 only) and low brokerage for users
Expert Fundamental research advisory on the app for long-term and short-term investors
Zero Account opening charges and Free AMC for the First year
Highly skilled Relationship managers who help in solving all queries of the investors and make their investing journey fruitful.
Investment options are available across almost all asset classes.
With an array of services under wealth management, tax advisory, etc., customized as per the users, Choice also offers multiple technically advanced trading tools to make the trading experience efficient. Some of them are:
Designed to ease day-to-day finance, Choice FinX offers its clientele with solutions in the domains of the Stock market, Insurance, FD, etc. Its technologically advanced features vary based on the different investment categories, with the amenity of multiple finance instruments and ease of tracking them. Some major features of Choice FinX are as follows:
This online trading website can be accessed from any device using a web browser. It offers many key features, including the following:
One of the oldest Mutual Fund Investment platforms in India, Investica’s Mutual Fund Investment App is designed by Choice Broking to ease investments and tracking. With multiple categories of mutual funds to invest in, Investica offers the following features:
|
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.00345% - NSE 0.00345% - BSE |
0.00345% - NSE 0.00345% - BSE |
0.002% - NSE |
0.053% - NSE |
|
Demat Transaction Charges |
Sell-side, ₹ 10 per scrip |
- |
- |
- |
|
Clearing Charges |
₹ 0.01 per trade |
₹ 0.01 per trade |
0.0005% - NSE |
0.05% - NSE |
|
GST |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
|
STT |
0.1% on buy & sell |
0.025% Sell-side |
0.01% Sell-side |
0.05% Sell-side Options Exercise 0.125% on (Settlement Price * Quantity) |
|
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
₹ 10 per crore |
₹ 10 per crore |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0026% Non-Agri 0.00175% Agri Commodity |
- |
| Clearing Charges | 0.0003% | |
|
GST |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
|
CTT |
Sell-side, 0.01% - Non Agri |
Sell-side, 0.05% Options Exercise 0.125% on (Settlement Price * Quantity) |
|
SEBI Charges |
₹ 10 per crore (Non-Agri Commodity) ₹ 1 per crore (Agri Commodity) |
₹ 10 per crore (Non-Agri Commodity) ₹ 1 per crore (Agri Commodity) |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0009% - NSE |
0.04% - NSE |
|
GST |
18% on Brokerage + Transaction Charges |
18% on Brokerage + Transaction Charges |
|
STT |
- |
- |
|
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
Company name:
Choice Equity Broking Private LimitedContact:
8824242424Email:
customercare@choiceindia.comActive Users:
1,93,545
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Investment Advisory Disclosure:
In terms of the regulatory requirements, you as a user can either avail of our distribution/facilitation services or investment advisory services and not both. The Company shall make all endeavours to ensure segregation of the distribution and advisory activities by not offering both to the same user by placing appropriate post-login disablement/accessibility blocking checks on the website.
However, as a user, it is your responsibility not to subscribe to / avail of the distribution services of this platform in case any of the following is a user of our group company’s product “Reserve by Finology” or “Recipe by Finology” -
• You yourself;
• Your dependent family member (i.e. your spouse, parents or children who invest using your money); or
• family members on whom you are dependent (i.e. spouse, parents or children whose money you invest)
At any point in time, if it is found that you have been availing services of “SELECT” and “RECIPE”/ ”RESERVE” or any other advisory product, together in any of the manner specified above, then in that case the company (including its group companies) have the sole right to decide upon stopping any one service immediately.
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