Choice India, India’s leading full-service stock broker, offers investing and trading solutions, including trading, stock investing, mutual funds, derivatives, currency and commodities. Choice India provides research and advisory services for its clients.
In this article, We explore all the Aliceblue brokerage charges and its pricing model in detail so you can easily understand the fees structure and taxes you can face when investing or trading through Aliceblue platform.
Choice Brokerage Charges Details
Choice brokerage charges and pricing, Choice offers FREE account opening & Zero AMC Charges for 1st year, Brokerages charge 0.2% for equity delivery investments & 0.02% for all Intraday trades including equity intraday, futures, commodity & Currency trades, Choice charges flat fee of ₹25 for equity options per lot & flat fee of ₹20 for currency options
We have divided this brokerage section into three parts, the first section covers the basic general charges list, the second section covers brokerage charges segment wise & third we cover all regulatory taxes for equity, FnO, currency and commodity in detail.
Key Charges (Choice India Charges)
₹0
For Account Opening
FREE account opening and ZERO AMC Charges for 1st year
0.2%
For Delivery
0.2% per executed order applied on Equity Delivery
0.02%
For Intraday
0.02% per executed order applied on Intraday Equity, Futures, Commodity & Currency futures.
₹25
For Options
Flat ₹25 per lot on Equity options, Flat ₹20 per lot on currency & Flat ₹50 per lot on commodity options.
Basic Charges List – Choice
| Description | Charges |
|---|---|
| Account Opening Charges | ₹0 FREE |
| Annual Maintenance Charges (AMC) | FREE for 1st Year *3 plans for AMC ₹200 + 18% GST Yearly Plan ₹1,500 + 18% GST – Lifetime AMC Covered ₹3,000 Full Refundable AMC on account closure |
| Call & Trade Services | ₹0 |
| Auto Square Off Charges | ₹0 |
| Depository Participant charges (DP) | ₹10 per instruction + 18% GST |
| Email statement and Contract note | Free |
| Physiscal statement and Contract note | No Charges |
| Cheque Bounce Charges | Refer Bank Charges |
| Payment Gateway Charges | ₹0 |
| Credit Charges (Buy Receive) | ₹0 |
| Pledge Request | ₹50 or 0.02% whichever is higher + 18% GST |
| Unpledge Request | ₹50 or 0.02% whichever is higher + 18% GST |
| Pledge Invocation | ₹100 or 0.05% whichever is higher + 18% GST |
| Margin Pledge Request | ₹10 per ISIN + GST |
| Margin Unpledge Request | ₹10 per ISIN + GST |
| Demat | ₹10 Per Certificate + ₹100 Postage Charges |
| Remats | ₹25 per 100 Securities or 0.04% whichever is higher + 18% GST |
| Buyback, OFS & NFO Order Charges | No extra charges |
| Reconversion of MF units into SOA or Redemption/Restatmentisation Per SOA | ₹50 + 18% GST |
| Failed / Rejected Demat Transactions | ₹10 per instruction + 18% GST |
| Periodic Statement | ₹0 charges by Email |
| Modification in KRA / Download | ₹0 |
Choice Brokerage Charges Table
| Segment | Choice India Brokerage Charges |
|---|---|
| Equity Delivery | 0.2% per executed order |
| Equity Intraday | 0.02% per executed order |
| Equity Futures | 0.02% per executed order |
| Equity Options | Flat ₹25 per lot |
| Currency Futures | 0.02% per executed order |
| Currency Options | Flat ₹20 per lot |
| Commodity Futures | 0.02% per executed order |
| Commodity Options | Flat ₹50 per lot |
Regulatory charges – Choice
When you place an investing and trading order on Choice Broking, here’s what you’ll be charged additionally
Equity delivery Investment, Intraday Trading, Futures & Options Regulatory Charges
| Type | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| Brokerage | 0.2% per executed order | 0.02% per executed order | 0.02% per executed order | Flat ₹25 per lot |
| STT | 0.1% on buy & sell | 0.025% on the sell side | 0.02% on the sell side | 0.1% on sell side |
| Exchange charges | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00173% Clearing charge: 0.0005% | NSE: 0.03503% Clearing charge: 0.002% |
| GST | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges |
| SEBI charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.015% | 0.003% | 0.002% | 0.003% |
| IPST (NSE) | 0.0001% of the turnover | 0.0001% of the turnover | 0.0001% of the turnover | 0.0005% of the turnover |
Currency Regulatory Charges
| Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | 0.02% per executed order | Flat ₹20 per lot |
| STT | – | – |
| Exchange charges | NSE: 0.00035% Clearing charge: 0.0005% | NSE: 0.0311% Clearing charge: 0.002% |
| GST | 18% on brokerage + transaction charges | 18% on brokerage + transaction charges |
| SEBI charges | ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.0001% on Buy Side | 0.0001% on Buy Side |
Commodity Regulatory Charges
| Type | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | 0.02% per executed order | Flat ₹50 per lot |
| CTT | 0.01% on sell (Non Agri) | 0.0418% on sell side |
| Exchange charges | MCX : 0.00210% NCDEX : 0.0058% Clearing charge: 0.003% | MCX : 0.0418% NCDEX : 0.03% Clearing charge: 0.002% |
| GST | 18% on brokerage + transaction charges | 18% on brokerage + transaction charges |
| SEBI charges | ₹10/crore | ₹10/crore |
| Stamp charges | 0.002% on Buy Side | 0.003% on Buy Side |
| Risk Managenment Fee (only NCDEX) | 0.10% | 0.10% |
In the above article, we see all the Choice India brokerage charges. you can easily find out what you actually pay when using Choice India platform for investing and trading.
Overall, Choice India’s brokerage pricing and advanced products simplify the best trading experience as well as attract new traders for user-friendly experience and provide advisory services and research reports.
