📣 Choice Broking — Open a Choice Broking Demat & Trading Account with flat brokerage, advanced trading platforms, research support, and investment options across stocks, F&O, mutual funds, IPOs, and more. Open account →
Choice Broking Demat Account: Charges, AMC & Review
Trade Smart. Invest Better.
Discount Broker Clients: 8 Lakh+ Since 2010 NSE · BSE · MCX
4.3/5
Choice Broking demat account
Choice Broking offers a 2-in-1 account (trading + demat). Your shares are held by the depository (CDSL / NSDL), not by the broker, so the broker has no ownership over your holdings.
| Charge | Amount |
|---|---|
| Demat account opening | ₹0 |
| Demat account AMC | ₹0 (1st Year), ₹450 + GST per year thereafter |
| DP charges (per ISIN, sell) | ₹15.93 per debit transaction (including GST) |
BO ID & DP ID explained
Your BO ID (Beneficial Owner ID) is your 16-digit demat account number: the first 8 digits are the broker's DP ID (same for every customer of the broker), and the last 8 digits are your unique client ID. You will find it in your demat statement or the profile section of the app.
How to generate a TPIN
The CDSL/NSDL TPIN authorises sell trades and pledging. Generate it from the app profile → generate/reset TPIN; the depository sends the TPIN to your registered email and mobile, which you then use to authorise sell orders.
Compare Choice Broking with other brokers
Choice Broking vs Zerodha
Choice Broking vs Angel One
Choice Broking vs Upstox
Choice Broking vs Groww
Choice Broking vs ICICI Direct
Choice Broking vs Kotak Neo
Choice Broking vs HDFC Securities
Choice Broking vs SBI Securities
Choice Broking vs Motilal Oswal
Choice Broking vs Paytm Money
Choice Broking vs Mirae Asset Sharekhan
Choice Broking vs Axis Direct
Choice Broking vs 5paisa
Choice Broking vs m.Stock
Choice Broking vs Sahi
Choice Broking vs FYERS Securities
Choice Broking vs SMC Global
Choice Broking vs Anand Rathi
Choice Broking vs Jainam Broking Limited
More about Choice Broking
Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.