Choice Equity Broking Pvt Ltd (Choice Broking), a subsidiary of Choice International Ltd was established in 1993. The company operates in the cash and derivative segments of both NSE and BSE. It also has membership of NSE and MCX-SX currency segment. The company also acts as a DP of CDSL. The company offers gamut of services in investment banking, management consultancy, broking & distribution, commodity derivatives, depositary services, MFs and insurance distribution among others. It also offer... 
Choice Equity Broking brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Choice Equity Broking customers. The Choice Equity Broking consumer complaints report analyzes the Choice Equity Broking online complaint data provided by BSE and NSE. This report shows the health of the broker.
These complaints are serious grievances against Choice Equity Broking broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.
The Choice Equity Broking complaint no. report also provides Choice Equity Broking’s number of active clients. This shows the growth of the broker year on year.
| Exchange | Financial Year | Number of Clients
|
Total Complaints
|
|---|---|---|---|
| NSE | 2020-21 | 37,918 | 6 |
| BSE | 2019-20 | 13,492 | 2 |
| NSE | 2019-20 | 32,854 | 29 |
| BSE | 2018-19 | 5,157 | 1 |
| NSE | 2018-19 | 22,350 | 19 |
| BSE | 2017-18 | 7,594 | 2 |
| NSE | 2017-18 | 14,882 | 15 |
| BSE | 2016-17 | 3,105 | 2 |
| NSE | 2016-17 | 6,520 | 15 |
| BSE | 2015-16 | 1,540 | 2 |
| NSE | 2015-16 | 3,360 | 4 |
| BSE | 2013-14 | 1,265 | 1 |
| NSE | 2013-14 | 633 | 1 |
| 2020-21 | 2019-20 | 2018-19 | |
|---|---|---|---|
| Defaulter Yes/No | No | No | No |
| No. of clients at the beginning of the year | |||
| No. of active clients | 37918 | 32854 | 22350 |
| No. of complaints received * | 6 | 29 | 19 |
| Resolved through the exchange | 4 | 28 | 19 |
| Non actionable ** | 1 | 0 | 0 |
| Advised / Opted for arbitration | 0 | 0 | 0 |
| Pending for redressal with exchange | 1 | 1 | 0 |
| No. of arbitration filed by clients | 2 | 1 | |
| Decided by arbitrators in favour of the clients | 1 | 1 | |
| Decided by the arbitrators | 1 | 0 | |
| Pending for redressal with arbitrators | 1 | 0 | |
| % of No. of complaints as against No. of active clients | 0.01 | 0.08 | 0.08 |
| % of complaints resolved as against complaints received | 83.33 | 96.55 | 100 |
| 2019-20 | 2018-19 | 2017-18 | |
|---|---|---|---|
| Defaulter Yes/No | No | No | No |
| No. of clients at the beginning of the year | 160255 | 28988 | 14697 |
| No. of active clients | 13492 | 5157 | 7594 |
| No. of complaints received * | 2 | 1 | 2 |
| Resolved through the exchange | 2 | 1 | 2 |
| Non actionable ** | 0 | 0 | 0 |
| Advised / Opted for arbitration | 0 | 0 | 0 |
| Pending for redressal with exchange | 0 | 0 | 0 |
| No. of arbitration filed by clients | 0 | 0 | 1 |
| Decided by arbitrators in favour of the clients | 0 | 0 | 0 |
| Decided by the arbitrators | 0 | 0 | 0 |
| Pending for redressal with arbitrators | 0 | 0 | 1 |
| % of No. of complaints as against No. of active clients | 0.01 | 0.02 | 0.03 |
| % of complaints resolved as against complaints received | 0 | 100 | 100 |
Note:
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