Choice
Choice is a full-service broker. It offering broking services along with financial and advisory services. Choice provides additional services include wealth management, corporate advisory, etc.
Product Basket
The segments in which you can invest through this broker
Equity
Options
Currency
Futures
Commodity
Trading Platforms
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.
Jiffy Web Trading platform
Jiffy Mobile App
ODIN
Investica
Charges
Account Opening Charges – Free
Account Maintenance Charges – ₹200
Call and Trade – Free
Brokerage Charges
Equity Delivery – 0.20%
Equity Intraday – 0.02%
Equity Futures – 0.02%
Equity Options – ₹25
Currency Futures – 0.02%
Currency Options – ₹10
Commodity Futures – 0.02%
Commodity Options – ₹10
Margins
Equity Delivery – 2x
Equity Intraday – 6x
Equity Futures – 1.3x
Equity Options – 1.3x
Currency Futures – 1.3x
Currency Options – 1.3x
Commodity Futures – 1.3x
Commodity Options – 1.3x
Pros
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Simple, Minimal and user friendly UI along with Dark mode.
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Choice provides all technical charts along with advance orders like Bracket, GTC and GTD orders are available.
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Choice provides expert Research advisory along with Free Call and Trade facility and lowest DP charges.
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Choice also provides automated calls through Signal feature.
Cons
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Choice does not provides 3 in 1 account to customers
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App may have some technical issues during high traffic.
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Customer support is not satisfactory.