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Zerodha Vs Choice Broking Demat Account Comparison

The side-by-side comparison of Zerodha and Choice Broking Demat Account. Compare Zerodha Vs Choice Broking Demat account charges, AMC and Fees. Read Choice Broking and Zerodha demat account review.

Find out Zerodha Vs Choice Broking which is better demat account and Zerodha Vs Choice Broking which is best demat account.

Our Zerodha demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between Zerodha and Choice Broking.

Zerodha Vs Choice Broking

  Zerodha Choice Broking
Zerodha Logo Choice Equity Broking Private Limited Logo
About the Broker

Zerodha is a Bangalore based discount stock broker offering flat Rs 20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

DP ID 12081600 12066900, IN301895
Contact Info

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Find more info about broker
Special Offer
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 online with Zerodha and start trading today.

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.

Zerodha Vs Choice Broking Demat Account Opening Charges

  Zerodha Choice Broking
Demat Account Opening Fee

₹50 (Stamp charges payable upfront)

Nil

Demat Account AMC

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

Choice Broking offers Standard and special plans to individual customers to opt for.

  1. Basic Standard Plan: ₹200
  2. Special Plan:
    1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
    2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

  1. First year AMC is free.
  2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
  3. In case of Corporates, AMC of ₹1,000 applied from first year.
Advance Deposit

₹0

Nil

Open Zerodha Account

Zerodha Vs Choice Broking Demat Charges

  Zerodha Choice Broking
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

₹25 per certificate

Rematerialisation Charges

₹150 per certificate + CDSL charges + ₹100 Courier charges

₹25 per 100 Securities or 0.04% whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Market Trades: ₹13.5 + GST
  • Off-Market Trades: 0.03% of ₹25 whichever is higher + GST

₹10per transaction + GST

Pledge Creation Charges

₹30 per request + GST

₹50 or 0.02% whichever is higher + GST

Pledge Creation Confirmation Charges

₹0

Pledge Invocation Charges

₹20

₹100 or 0.05% whichever is higher + GST

Failed Instruction Charges

₹50 per ISIN

₹10 per instruction + GST

Other Charges
  • Cheque Bounce: ₹350
  • Physical Statement - ₹50 (+Courier charges at actual)
  • Modification in CML - ₹25 per request
  • KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Additional request for every DIS Booklet: ₹100.

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Contact Broker / Request A Call Back

  Zerodha Enquire Choice Broking Enquire
Contact Broker

Zerodha Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

2 Comments

2. Deepak sharma   I Like It. |Report Abuse|  Link|Jul 15, 2022 8:00:03 AMReply
Completely agreed. you will be suprised to see that on the profit of Rs. 4100/- of 6 Trades, i have been charged Rs. 1200 as Brokerage
1. Kishor Kalambe   I Like It. |Report Abuse|  Link|Jun 18, 2022 1:54:09 AMReply
Zerodha is best & Choice is worst application which only says 25 Rs. but taking in option trading 166 Rs. per lot. Only fraud application which gives entry to open account to fraud brokers. Name is Patel & Ashish so plz plz do not open account in Choice broking whenever resolved problems

Compare Zerodha Compare Choice Broking