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Choice Broking is one of the best stockbroking firm available in India. They are a full service brokers based out of Mumbai.

Let’s have a detailed discussion about Choice Broking brokerage charges, trading platforms, offers, services, products, exposure, research and advisory and many other features as well.

Choice Equity offers

Choice Equity Ratings & Review by Top10StockBroker

Experience 2.9/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.1/5
Stock Research & Advisory 3.3/5
Trading Platforms 2.9/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆


About Choice Equity

The table chart provided below is giving the entire details about the Choice Broking-

Company Type Private
Broker Type Full Service Broker
Headquarters Mumbai, Maharashtra
MD Kamal Poddar
Established Year 2010

Choice Equity

Choice Broking is the renowned full-service broker based in Mumbai, Maharashtra. The company was established in the year 2010.

The stockbroking company is a member of BSE, NSE, MCX, NCDEX, MCX-SX and a depository participant of CDSL.

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    Choice Equity Brokerage Charges

    The table chart given below is providing the information regarding the brokerage charges structure of Choice Broking-

    Equity Delivery Trading 0.2%
    Equity Intraday Trading 0.02%
    Commodity Options Trading Rs.50 per Lot
    Commodity Futures Trading 0.02%
    Equity Futures Trading 0.02%
    Equity Options Trading Rs.25 per Lot
    Currency Futures Trading 0.02%
    Currency Options Trading Rs.20 per Lot
    Minimum Brokerage Percentage of Transaction
    Demat AMC Charges Free
    Trading AMC Charges Free
    Margin Money Minimum Rs.5,000
    Brokerage Calculator Choice Equity Brokerage Calculator

    The stockbroking house usually charges brokerage fees as per the percentage of the transaction. It charges 0.33% on equity delivery trading, 0.03% on equity intraday trading, commodity options trading, equity futures trading and currency futures trading.

    The stockbroking house also charges Rs.25 per lot on equity options trading and Rs.20 per lot on currency options trading.

    The best thing about the company is it does not charge any type of AMC for demat and trading account maintenance. It only asks for the margin money minimum of Rs.5,000 from all its customers.

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    Choice Equity Other Charges

    The table chart provided below is detailing about Choice Broking other charges-

    Transaction Charges 0.00285%
    STT 0.0126% of Total Turnover
    SEBI Turnover Charges 0.0002% of Total Turnover
    Stamp Duty Depends on State (very minimal)
    GST 18% of (Brokerage + Transaction Charges)

    With brokerage charges, the broking house charges some other charges that are normally based on minimum market value.

    The company charges 0.00285% as transaction charges, 0.0126% of total turnover as STT, 0.0002% of total turnover as SEBI charges, stamp duty charges has a dependency on the state and 18% of (brokerage + transaction) charges as GST.

    Choice Equity Other Charges

    • Dematerialization – If you wish to avail for this service, then you have to pay a charge of Rs 25 per certificate.
    • Rematerialization – If you need this service in particular, there is a charge you need to pay, and it is Rs 25 per 100 Securities or 0.04% whichever is higher, per ISIN.
    • Pledge Charges – Charge of Rs 50 or 0.02% whichever is higher + GSTis constant for pledge creation and Unpledge per ISIN. As for Invocation per ISIN, the charge is Rs 100 or 0.05% whichever is higher + GST.

    Choice Equity Demat Account Opening Fees

    The table chart given below is providing the entire details regarding Choice Broking Account Opening Fees-

    Depository Source CDSL & NSDL
    Account Opening Charges Rs.250 + GST
    Demat AMC Charges Free
    Trading AMC Charges Free
    Margin Money Minimum Rs.5,000
    Offline to Online Yes

    Choice Broking is the top-notch stockbroker offers convenience demat and trading account services at Rs.250 only. It’s depository source is NSDL and CDSL.

    Apart from that, the company charges Rs.5,000 as margin money from all of its customers. Also, it offers offline to online trading option t the users for huge satisfaction and convenience.

    Choice Equity Offers

    The table chart given below is providing the entries details about Choice Broking Offers-

    Free Demat Account Yes
    Free Trading Account Yes
    Discount on Brokerage Yes
    Trading Happy Hours No
    Flexible Brokerage Plans No
    1 Month Brokerage Free Yes
    Holiday Offers No
    Referral Offers Yes
    Zero Brokerage for Loss Making Trades No

    Choice Broking is the most reliable and trustworthy booking service providing company. It provides brokerage services at the best possible rates.

    Apart from that, the broking house offers various amazing offers to the customers for huge satisfaction. The list of offers is given below-

    • The stockbroking house enables customers to open up a trading and demat account at your convenience.
    • It also offers a massive discount on brokerage to the customers.
    • Apart from that, flexible referral offers are provided to the customers.

    To know about offers of other stock brokers check below

    How to Open a Demat Account with Choice Equity?

    Demat account is the most necessary thing to have at the time of trading. It is like an electronic vault helps in keeping shares and stocks safe.

    If you are looking forward to opening up a trading account to safeguard your shares and securities, choice broking is the right platform for you. As this company offers flexibility in opening up a demat account at very reasonable charges.

    Please follow the steps given below to open up a demat account-

    • All you need is to fill up lead demat form accurately and click on to the “SUBMIT” button to submit the form successfully to the company.
    • After that you will be needed to upload all the mandatory KYC documents such as- aadhar card, PAN card, identity proof, age proof and photograph.
    • Once you upload all the necessary KYC documents and demat form successfully to the company.
    • Then, any concerned person from the company will call you for an entire verification process.
    • After the complete verification process, you will be finally informed regarding your demat account opening.
    • After that, you can access your account with ease and flexibility.

    Why Open Choice Equity Trading Account?

    Trading account plays a vital role during the trading process. Without a trading account, trading cannot be done. You require to have a trading account in order to buy and sell goods in the stock market successfully.

    Choice Broking is one of the reliable and popular company enables users to easily open up a trading account. Here are some benefits of Choice Broking Trading Account listed below-

    • The broking house provides flexibility in opening up a trading account.
    • It provides qualitative products and services to the customers for easy trading.
    • Apart from that, flexible trading platforms are provided for massive trading experience.

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      Choice Equity Products & Services

      The table chart providing below is detailing about the Choice Broking Products & Services –

      Products Offered by Choice Equity

      Equity Trading Yes
      Commodity Trading Yes
      Currency Trading Yes
      Options Yes
      Futures Yes
      Mutual Funds Yes
      Forex No
      Banking No
      SIP Yes
      Insurance Yes

      Choice Broking is the best full-service broker available in the stock market. It offers very flexible trading and investment products to its users for betterment at lowest brokerage charges.

      The list of products offered by the stockbroking house is given below-

      • Equity trading
      • Commodity trading
      • Currency trading
      • Options
      • Futures
      • Mutual Funds
      • SIP
      • Insurance

      All the above-mentioned products are really very useful and customised according to the needs and requirements of the customers. Users can raise their trading performance with these products.

      Choice Equity Service Offerings

      Demat Services Yes
      Trading Services Yes
      3 in 1 Account No
      Intraday Services Yes
      IPO Services Yes
      Stock Recommendations No
      Robo Advisory No
      PMS No
      Trading Institution No
      Trading Exposure Upto 5X

      Choice Broking is good at offering reliable trading services to all its users for massive trading performance and experience.

      It gives instant feedback to the questions and queries of the customers. The list of trading services offered to the users is given below-

      • Demat Services
      • Trading Services
      • Intraday Services
      • IPO Services

      All the above services are given to its customers in wide-range. And also, the company provides trading exposure of up to 5x.

      Choice Equity Research, Advisory and Stock Tips

      The table chart given below is providing the entire details regarding Choice Broking research & advisory

      Fundamental Reports No
      Research Reports No
      Company Reports No
      Annual Reports No
      Company Stock Review No
      Free Stock Tips Yes
      IPO Reports Yes
      Top Picks Yes
      Daily Market Review Yes
      Monthly Reports Yes
      Weekly Reports Yes
      Offline Advisory Yes
      Relationship Manager Yes

      The Choice Broking house is considered as the best stockbroking house which offers deep research analysis and advisory to all of its users. The list of research & advisory offered to the customers is given below-

      • The broking house offers IPO reports, monthly reports, weekly reports to the customers for great satisfaction and convenience.
      • Free stock tips and top picks of stocks are also offered.
      • Relationship manager and offline advisory availability for the customers. So that customers can easily trade and resolve any of their queries related to trading easily.

      Choice Equity Exposure or Leverage

      The table given below is providing information about Choice Broking Exposure/ Leverage-

      Equity Delivery 1x (no margin)
      Equity Intraday Up to 20x
      Equity Futures Up to 5x
      Equity Options 1x (no margin) for Options buying and up to 10x for options selling
      Currency Futures Up to 3x
      Currency Options 1x (no margin)
      Commody Futures Upto 5X
      Margin Calculator Choice Broking Margin Calculator

      The stockbroking house provides flexible products and services with an exposure of up to 20x. The highest exposure provided by the company is on intraday, which is a pretty great aspect to note down for intraday traders.

      Find Exposure or Margin of other Stock Brokers

      Choice Equity Trading Platforms

      Desktop Platform – Windows Yes
      Desktop Platform – Mac Yes
      Desktop Browser Platform No
      Mobile Site Platform No
      Android App Platform Yes
      iOS App Platform Yes
      Windows App Platform No
      Other Mobile OS Platform No
      Real time Updates Yes
      Portfolio Details Yes
      Online MF Buy Yes
      News Flash Yes
      Research Reports No
      Easy Installation No
      Global Indices Yes
      Stock Tips Yes
      Personalized Advisory No
      Interactive Charts No
      Live Markets Yes
      SMS Alerts No
      Email Alerts Yes
      Multi Account Management No

      Choice Broking is the top-notch investment services providing company. It enables users to trade in securities, commodities and equities with trading platforms.

      It’s provided trading platforms gives massive trading experience to all the users. The trading platforms provided by the company are given below-

      Choice Broking Jiffy Mobile App

      Choice Broking company has currently launched its new trading app called Jiffy. The app offers fast and speedy trading performance to all the users.

      Features of Jiffy Mobile App-

      • Enables users to trade across- derivatives, equities, commodities and currencies.
      • Multiple charts are available for deep fundamental analysis.
      • Notifications and alerts.
      • Users can personalise watch lists according to their trading needs and requirements.

      Choice Broking Index Mobile App

      Choice Index Mobile App is a decent trading application customised by the company for its users. It is accessible in Android and iOS both.

      Features of Choice Index Mobile App –

      • It provides real times feeds to the clients for multiple data points.
      • It avails charts for deep fundamental and technical analysis.
      • Enables users to create various watch lists.
      • Research reports, recommendations and tips are also available.
      • AMO ( aftermarket orders) are allowed.

      Choice Broking Investica – Mutual Fund Investment App

      Choice Investica is another flexible application designed by Choice Broking. Investica is an website developed by Choice Broking which focuses entirely on Mutual Fund Investments.

      Investica comes with mutual fund investment web platform as well as Mobile Apps for both Android & iOS.

      Features of Choice Investica –

      • User-friendly and lightweight trading application.
      • Provides massive trading experience.
      • Users can trade with this app across multiple segments.
      • Real-time and news are available for depth analysis.
      • Various order types allowed including, AMO

      Choice Equity Customer Care

      Dedicated Dealer No
      Offline Trading Yes
      Online Trading Yes
      24*7 Support No
      Support Number
      Email Support Yes
      Chat Support No
      Toll Free Number No
      Branches 18

      Choice Broking house is also good at offering good customer support to all its users. It provides flexibility in online and offline trading both.

      Customers can email the company executive to resolve any of the queries. Apart from that, they can physically visit the branches of the company to resolve queries immediately.

      Choice Equity Complaints and Feedback

      Lodged in BSE 2
      Resolved in BSE 2
      Lodged in NSE 15
      Resolved in NSE 15

      Choice Broking house usually resolves complaints on time and giving feedback to the customers in time. According to the table chart given above, the company has worked well and served people at their best.

      Choice Equity Disadvantages

      With impressive advantages, the Choice Broking has some disadvantages also-

      • The company does not avail 3 in 1 account opening facility.
      • Does not provide margin and brokerage calculator.
      • No flexible brokerage plans are provided.

      Choice Equity Conclusion

      Choice Broking is a reliable company offering multiple trading products and services with trading platform services. The offerings of the company are really flexible and also emerged to gain top position in the stock market.

      If you are looking for the trading services, go for Choice Broking and enjoy its product offerings at nominal brokerage charges.

      Open Demat Account with Choice Equity

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