Choice Broking establishes easiest, fastest and trusted resources for clients. Choice offers a wide range of financial assets aimed to serve a range of financial needs of its clients.

Find detailed Choice Broking Charges & Choice Broking Demat Charges along with calculators and trading platforms. This discussion also emphasizes on taxes levied by regime.

Choice Equity offers

Choice Broking Brokerage Charges

Listing below Choice Broking Charges Brokerage Charges. A brokerage fee compensates a broker for executing a transaction.

Brokerage Charges
Equity Delivery0.2%
Equity Intraday0.02%
Equity Futures0.02%
Equity OptionsRs.25 per Lot
Currency Futures0.02%
Currency OptionsRs.20 per Lot
Commodity Options TradingRs.50 per Lot
Commodity Futures Trading0.02%
Brokerage CalculatorChoice Equity Brokerage Calculator

Choice Broking Charges

CB is one of the most reliable Brokerage houses in Industry. Briefing Equity, referring to shares that are traded on a stock exchange and represent an ownership interest when purchased. Charges levied on Equity Delivery are 0.2 percent.

Moving ahead, Brokerage charges imposed on Equity Intraday and Equity futures are 0.02 percent & for Equity Options it is Rs 25 per lot.

Discussing Currency trading, it is the purchasing and selling of currencies in the foreign exchange marketplace. Tariff imposed on Currency Futures are 0.02 percent whereas for Currency options fee is Rs 20 per lot.

Commodity trades are short term and focused on making profits through price changes.

CB tariff on Commodities are 0.02 percent. Choice Equity Brokerage Calculator is the medium to calculate all the charges. Other than that there is no monthly fee applicable on services.

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    Choice Broking Account Opening Charges

    Table below demonstrates Choice Broking Account Opening Charges of Demat and trading.

    Account Opening Charges
    Trading Charges [One Time]NIL
    Trading AMC [Yearly]Free
    Demat Charges [One Time]Rs.250 + GST
    Demat AMC [Yearly]Free
    Margin MoneyMinimum Rs.5,000

    Open a Demat and trading account online with trading company and get low brokerage trading account with Lifetime Free AMC. Trading charges for one time is free and for Demat it is Rs 250 + GST. Margin Money offered by company Rs 5000 minimum.

    Find Account Opening Charges of other Stock Brokers

    Choice Broking Transaction Charges

    After brokerage charges comes transaction charges, Illustrating Choice Broking Transaction Charges for the year 2019.

    Transaction Charges
    Equity Delivery0.00285%
    Equity Intraday0.00285%
    Equity Futures0.00285%
    Equity Options0.075% (Premium only)
    Currency Futures0.00265%
    Currency Options0.075% (Premium only)

    Charges applicable for Equity Delivery, Equity Intraday and Equity Futures are 0.00285 percent per transaction.

    On Equity Options charges imposed are 0.075 percent per transaction. This tariff is on premium only. Same charges are applicable on Currency Options, i.e. 0.075 percent.

    Further if consumer choose to trade in Currency Options, charges imposed are 0.00265 percent. For commodities, the ratio is 0.00285 percent. Corporation offers reliable services and inexpensive, meeting the needs of clients of every genus.

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    Choice Broking Other Charges

    Bringing into light, Choice Broking Charges. Broker commissions typically are a percentage of the value of a trade

    Other Charges
    SEBI Turnover Charges0.0002% of Total Turnover
    STT0.0126% of Total Turnover
    Stamp Duty0.002% – 0.004% – Depends on State
    GST18% of (Brokerage + Transaction Charges)
    Margin Funding Charges18% + GST
    Reactivation ChargesRs.55 per Segment
    Account Closure ChargesRs.50 per Segment
    Dematerialization ChargesRs.44

    The above charges reveal, consumer willing to close the account has to pay Rs 50 per segment. Reactivation charges levied are Rs 55 per segment as well as Dematerialization Charges are Rs 44.

    To reduce the risk associated in trade paper format, Dematerialization was introduced in market. Dematerialization in short is the process through which an investor’s physical share certificate gets converted to electronic format.

    Highlighting on SEBI tariff, it is 0.0002 percent of total turnover whereas on STT charges are 0.00126 percent of total turnover.

    Stamp Duty imposed on securities ranges between 0.002 percent to 0.004 percent depending on state & GST applicable is 18 percent of brokerage and transaction tariff. Margin funding charges applicable on services are 18 percent plus GST.

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