Brokerage Charges

Equity

Currency

Commodity

Charges	Equity Intraday	Equity Delivery	Equity Futures	Equity Options
Brokerage	0.02%	0.2%	0.02%	₹ 25 per Lot.
STT	0.025% on the sell side	0.1% on buy & sell	0.01% on sell side	0.053% on sell side (on premium). In case of Options Exercise 0.125% on (Settlement Price * Quantity) to be paid by Buyer
Transaction charges	NSE/BSE: 0.00345%	NSE/BSE: 0.00345%	NSE: Exchange transaction charge: 0.002% Clearing charge: 0.0005%	NSE: Exchange transaction charge: 0.05% Clearing charge: 0.002%
GST	18% on (Brokerage + Transaction Charges)	18% on (Brokerage + Transaction Charges)	18% on (Brokerage + Transaction Charges + Clearing Charges)	18% on (Brokerage + Transaction Charges + Clearing Charges)
SEBI charges	₹ 10 / crore	₹ 10 / crore	₹ 10 / crore	₹ 10 / crore

Condition Applied* : Above charges are applicable for clients who have registered online. These charges will vary for our offline clients (who can avail extended facilities such as a higher margin and a dedicated RM/Dealer).

Charges	Currency Futures	Currency Options
Brokerage	0.02%	₹ 20 per Lot
STT	No STT	No STT
Transaction charges	NSE Trans. Chgs.: 0.0009% Clearing charge: 0.0005%	NSE Trans. Chgs.: 0.035% Clearing charge: 0.002%
GST	18% on (Brokerage + Transaction Charges + Clearing Charges)	18% on (Brokerage + Transaction Charges + Clearing Charges)
SEBI charges	₹ 10 / crore	₹ 10 / crore

Condition Applied* : Above charges are applicable for clients who have registered online. These charges will vary for our offline clients (who can avail extended facilities such as a higher margin and a dedicated RM/Dealer).

Charges	Commodity Futures	Commodity Options
Brokerage	0.02%	₹ 50 per Lot.
CTT	0.01% on sell side	0.05% on sell side. In case of Options Exercise 0.125% on (Settlement Price * Quantity) to be paid by Buyer
Transaction charges	Exchange txn charge: 0.0026% (MCX) & 0.006% (NCDEX) Clearing charge: 0.0003%, RMS Charge 0.005% (Only NCDEX)	Exchange txn charge: 0.05% Clearing charge : 0.002%
GST	18% on (Brokerage + Transaction Charges + Clearing Charges)	18% on (Brokerage + Transaction Charges + Clearing Charges)
SEBI charges	₹ 10 / crore	₹ 10 / crore

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Securities/Commodities Transaction Tax

Tax levied by the government while transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading either intraday or in F&O.

Transaction/Turnover Charges

Exchange transaction charges + Clearing charges. Charged by exchanges (NSE,BSE,MCX) and clearing member.

BSE: Flat Rate per Trade Rs 1.50 & Clearing Charges Rs 0.01 per Trade.

Stamp Charges

Charged as per Stamp Duty Act 1899 levied for transacting in Securities on exchanges or depositories

DP (Depository participant) Charges

Transaction Charges :-

Debit Instruction from Client Demat Account to outside Demat Account – 0.02% subject to minimum of ₹ 10 per instruction + GST.
Debit Instruction from Client Demat Account to Market – ₹ 10 per instruction + GST.
Beneficiary to Client Charges – ₹ 10 per ISIN + GST.
Beneficiary to Market Charges – ₹ 10 per ISIN + GST.
Shifting of Stocks to Client’s Demat Account from CUSA Account (Clients Unpaid Security Account to Client Charges) – ₹ 10 per ISIN + GST.
Failed Instruction – ₹ 10 per instruction + GST.
Demat Requests – ₹ 25 + GST per Certificate or 100 Securities whichever is higher.
Remat Requests – ₹ 25 per 100 Securities or 0.04% whichever is higher + GST.
Creation of Pledge – ₹ 50 or 0.02% whichever is higher + GST.
Unpledge – ₹ 50 or 0.02% whichever is higher + GST
Pledge/Unpledge for Margin - ₹ 10 per ISIN + GST
Invocation of Pledge – ₹ 100 or 0.05% whichever is higher + GST.
Charges of reissuing new DIS Booklet in case of Lost of previous one is ₹ 100 + GST.

Minimum Contract Note Charges

Choice Equity Doesn’t Charge any Minimum Contract Note Charges

GST

Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)

SEBI Charges

SEBI fees Rs. 5 per cr for cash & Non agri-commodities and Rs. 1/- per crore for Agri-Commodities

AMC (Annual Maintenance Charges)

OPEN A FREE DEMAT ACCOUNT ONLINE

Zero Account Opening Fee

Low Brokerage Charges

First Year AMC Free* 3 plans to choose from:

Rs.200/- + GST Yearly Plan

Rs.1500/- + GST - Lifetime AMC Covered

Rs.3000/- Full Refundable AMC (Full amount will be refunded when you close

the account with us)

*In case no scheme is selected by you then by default AMC as per annual plan will be charged at the end of the first year. For a Corporate Account, the AMC charges applicable from the 1st year are - 1000/- + GST per Annum Plan

Buyback, OFS and NFO Order Charges

No Extra Charges for participating in Buyback, OFS & NFO Orders.

Request for Physical CMR, Contract Note, Ledger, etc.

No Charges for Physical CMR, Contract Note or Ledger Etc.

Disclaimer

Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. No Brokerage is charged on expired, exercised, and assigned options contracts.

Frequently Asked Questions

01. How is Brokerage Calculated?

Brokerage is a small fee that is paid to the brokers when an investor initiates a trade. For Delivery, Intraday and Futures, Choice Broking calculates brokerage based on percentage; whereas for Options, it is calculated on the basis of a flat fee. Choice Broking levies one of the lowest brokerage charges for share trading in India.

02. What are Intraday Brokerage Charges and how are they calculated?

Intraday Brokerage Charge is the small percentage of fee traders pay to brokers on their Intraday Trade (when traders buy/sell on the same day). Intraday charges are calculated at 0.2% on Choice Broking.

03. What are Delivery Brokerage Charges and how are they calculated?

Delivery Brokerage Charges are levied on Delivery Trades (when an investor buys on one day and sells on another day). They are calculated at 0.2% on Choice Broking.

04. What are the Brokerage Charges for Equities Trading?

The brokerage charges for Equities Trading is 0.2.% for Delivery and Intraday, 0.02% for Futures and Rs. 25 per lot. for Options.

05. What are the Brokerage Charges for Futures and Options Trading?

The Brokerage Charges for Futures is 0.02% (Equity, Currency, Commodity). For Options, it is Rs. 25 per lot (Equity), Rs. 20 per lot (Currency) and Rs. 50 per lot (Commodity).

06. What are Depository Participant Charges?

Once an investor buys stocks, they are digitally held by the Depository, i.e., NSDL and CDSL in India. The Depository charges the Depository Participant (broker) a fee for holding these securities (only for delivery), which in turn is charged by the DP to the investor.

STATE	Equity Intraday	Equity Delivery	Futures	Options	Currencies	Commodities
TELANGANA	0.01% (max ₹ 100/Day)	0.01% (max ₹ 100/Day)	0.01% (max ₹ 100/Day)	0.01% (max ₹ 100/Day)	0.01% (max ₹ 100/Day)	0.01% (max ₹ 100/Day)
KARNATAKA	0.003%	0.003%	0.003%	0.003%	0.03%	0.003%
ODISHA	0.005% (max ₹ 50/Day)	0.005% (max ₹ 50/Day)	0.005% (max ₹ 50/Day)	0.005% (max ₹ 50/Day)	0.005% (max ₹ 50/Day)	0.005% (max ₹ 50/Day)
DADRA & NAGAR HAVELI	0.01% (max ₹ 50/Day)	0.01% (max ₹ 50/Day)	0.01% (max ₹ 50/Day)	0.01% (max ₹ 50/Day)	0.01% (max ₹ 50/Day)	0.01% (max ₹ 50/Day)
TAMIL NADU	0.006%	0.006%	0.006%	0.006%	0.006%	a) 0.03% for COTTON, KAPAS, PODS b) 0.1% paisa for SILVER, SILVERM, SILVER1000, SILVERMIC c) 0.5% for GOLD d) 0.05% for GOLDM e) 0.0005% for GOLDETAL, GOLDPTLDEL f) 0.004% for GOLD GUINEA g) No Stamp Duty for Crude Oil and Base Metals
WEST BENGAL	0.002%	0.01%	0.002%	0.002%	0.002%	0.002%
RAJASTHAN	0.003%	0.012%	0.0012%	0.0024%	0.0012%	a) 0.0006% for Agri Products b) 0.0012% for Non-Agri Products
MAHARASHTRA	0.002%	0.01%	0.002%	0.002%	0.002%	0.001%
MADHYA PRADESH	0.002%	0.01%	0.002%	0.002%	0.002%	0.002%
JAMMU & KASHMIR	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
GUJARAT	0.002%	0.01%	0.002%	0.002%	0.002%	0.001%
DELHI	0.002%	0.01%	0.002%	0.002%	0.002%	0.001%
OTHERS	0.002%	0.01%	0.002%	0.002%	0.002%	0.001%