FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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-0.95% 209,446 Clients
Zerodha (Trade with the best stock 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.
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993.
Choice Broking offers online trading and premium financial services for... 
Do you have questions about Choice Broking share trading account or Choice Broking Demat account?
Get all your share trading doubts and questions answered by reading the Choice Broking demat, trading account information FAQ. All Choice Broking questions, Choice Broking q&a, Choice Broking faq and Choice Broking questions and answers.
Yes, Choice Broking offers a margin trading facility(MTF) to its customers. The investors can enhance their buying power through the MTF services provided by the broker by utilizing broker funds to a considerable extent to execute the transaction.
You need to activate the MTF account by signing up for Choice Margin+ product to access the MTF services. With MTF, you can carry forward your positions beyond T+7 days and increase your leverage by four times. Earlier, the MTF trading was allowed against cash margin, however now with relaxed SEBI rules, even shares can be used as collateral to avail margin facility.
Yes, Choice Broking allows BTST orders (Buy Today Sell Tomorrow) that enables you to sell the stocks before you get its delivery in your Demat account.
Generally, the trades follow a T+2 settlement cycle. Hence if you buy a stock today, the shares get credited to your Demat account only after two days starting from the T-day post which, you can sell them. However, BTST allows you to sell the shares even before they get credited to your account and thus enables you to take benefit from the short-term price volatility. It is also important to note that BTST involves the risk of short-delivery for which you can get penalized by the exchange.
Yes, Choice Broking is a full-service broker offering trading and advisory services. The company provides free research-based tips and recommendations. As per the company website, the research calls of the company have a 78-80% success ratio.
The company also publishes various research reports based on fundamental and technical research viz. The equity research report, IPO report, Industry Report, Pick of the week report, Call report, etc. that assist the investors to make the right investment decision and thus increase the probability of earning profits.
The Choice Broking Jiffy app supports the Android and iOS systems. The Jiffy mobile app can be accessed on an Android smartphone or iPhone but is not compatible with laptops.
However, the Jiffy web can be accessed from a laptop as the web version works on any computer, phone, or laptop that has a web browser installed on it.
Choice Broking charges Rs 0 (Free) Annual Maintenance Charge (AMC) for a trading account and Rs 200 or as per plan. (1st year AMC free) for a Demat account. AMC is charged to maintain the accounts.
Choice Broking charge 0.20% for equity delivery trade. These trades are also known as cash & carry trades or CNC.
Espresso customer also has to pay taxes, demat debit transaction fee (Rs 13.5 per trade) and exchange transaction charges.
Choice Broking charge 0.02% for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.
In addition you have to pay taxes and exchange transaction charges.
Choice Broking charge 0.02% for equity, currency and commodity futures trading.
Choice Broking charges Rs 25 per lot for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.
Choice Broking brokerage charges for commodity futures is 0.02% and commodity options is Rs 50 per lot. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.
Choice Broking charge 0.02% for currency futures trading and Rs 20 per lot for currency options trading.
Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Intraday | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade |
| Equity Futures | NSE Rs 240 per crore (0.0024%) |
| Equity Options | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | NSE Rs 90 per crore (0.0009%) |
| Currency Options | NSE Rs 4000 per crore (0.04%) |
| Commodity | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) |
Yes. Choice Broking offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.
Yes. You can buy/sell Mutual Funds if you have an account with Choice Broking.
Yes. Choice Broking provide margin funding.
Choice Broking auto square-off all open intraday positions at 3:15 PM.
Yes. Choice Broking provide trading tips for stock and commodity trading to its customers.
Zerodha (Trade with the best stock 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.
Information on this page was last updated on Tuesday, November 24, 2020
Zerodha (Trade with the best stock broker)
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.
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