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Choice Broking FAQs (Frequently Asked Questions)

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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... Know more about Choice Equity Broking Private Limited

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.

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Frequently Asked Questions

  1. 1. Does Choice Broking offer margin trading?

    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.


  2. 2. Does Choice Broking allow BTST?

    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.


  3. 3. Does Choice Broking offer tips?

    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.


  4. 4. Is Choice Broking Jiffy app for laptop?

    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.



  1. What is AMC for Choice Broking?

    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.

  2. How much Choice Broking charge for delivery?

    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.

  3. How much Choice Broking charge for intraday?

    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.

  4. How much Choice Broking charge for futures?

    Choice Broking charge 0.02% for equity, currency and commodity futures trading.

  5. How much Choice Broking charge for options?

    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.

  6. How much Choice Broking charge for commodity?

    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.

  7. How much Choice Broking charge for currency trading?

    Choice Broking charge 0.02% for currency futures trading and Rs 20 per lot for currency options trading.

  8. What are transaction charges in Choice Broking?

    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.

    Choice Broking Transaction Charges 2024
    SegmentTransaction Fee
    Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
    Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (sell side)
    Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0
    Equity OptionsNSE Rs 5000 per Cr (0.05%) (on premium)
    Currency FuturesNSE Rs 90 per Cr (0.0009%)
    Currency OptionsNSE Rs 3500 per Cr (0.035%) (on premium)
    CommodityNon-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%)
  9. Does Choice Broking offer IPO?

    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.

  10. Does Choice Broking offers Mutual Funds?

    Yes. You can buy/sell Mutual Funds if you have an account with Choice Broking.

  11. Do Choice Broking provide margin funds?

    Yes. Choice Broking provide margin funding.

  12. What is Choice Broking intraday auto square-off time?

    Choice Broking auto square-off all open intraday positions at 3:15 PM.

  13. Does Choice Broking provide tips?

    Yes. Choice Broking provide trading tips for stock and commodity trading to its customers.

Zerodha (Flat Rs 20 Per Trade)

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 Wednesday, May 22, 2024

Zerodha (Flat Rs 20 Per Trade)

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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