How Choice Broking calculates brokerage?

Choice Broking follows a percentage-based brokerage model for Equity Delivery, Intraday, and Futures trades and per lot basis brokerage model for Options trades. 

In a percentage-based brokerage model, the brokerage charged is a percentage of the trading value whereas in a per lot basis model, the brokerage is charged based on the number of lots executed irrespective of the trade value. 

 For example, if you buy 100 shares of ABC Company @ Rs 50, you pay Rs 10 as brokerage as per 0.20% on the trade value of Rs 5,000.

Similarly, if you buy 10 lots of NIFTY Options, you pay Rs 250 as brokerage based on Rs 25 per lot for Equity Options.

Choice Broking Brokerage Charges

 In addition to the brokerage fee, you also have to pay government taxes, exchange charges, Demat charges, SEBI charges, etc.