Why Open A Free Demat Account Online With Us?

Open a Low Brokerage Demat Account
Low Brokerage

Low brokerage charges; as less as 2 Paisa*.

Open Demat Account with Free Call For Trade Facility
Free Call for Trade Facility

Our customers can opt to execute trade over the phone free of cost.

Open Free Demat Account & Earn More from Referrals
Earn More from Referrals

A rewarding referral program that can contribute to a lifetime source of earning.

Free Demat Account with Technologically Advanced Platform
Technologically Advanced Platform

Trade via the website or Android and iOS App with state-of-the-art features.

Open a Paperless Demat Account Online
Paperless Account Opening

Instantly open a paperless Demat account online within 5 minutes.

Our Track Record Says It All

Stay on top of the markets with our expert analysed Stock Recommendations.

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Why Choice Broking?


A dedicated research team that provides Technical and Fundamental Research at no extra cost.


An excellent support team that guides you at every step available via phone and emails and branch offices.


We have 48 local offices available across the country at your service.


A trusted name in the broking industry backed by 25+ years of experience in the finance domain.

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Open a Low Brokerage Demat Account

Brokerage is charged on a percentage basis for Intraday, Delivery and Futures while the brokerage for Options is calculated on the basis of a flat fee.

  • Delivery 0.20%
  • Intraday 0.02%
  • Futures 0.02%
  • Options ₹ 25 per Lot
  • Futures 0.02%
  • Options ₹ 20 per Lot
  • Futures 0.20%
  • Options ₹ 50 per Lot

Open a Paperless Demat Account For Free

Demat Account Opening Process

Open Free Demat Account Online
Register Online

Fill in the required details and upload the relevant documents along with a passport size photograph.

Complete IPV to Open Low Brokerage Trading Account
In-Person Verification

Complete the In-person verification (IPV).

Low Brokerage Demat Account Opening Process Completed
Registration Complete

Your Demat Account opening is successful with Choice Broking.

Courier POA to Activate Your Free Demat Account
Courier POA

Courier us the signed copy of the Power of Attorney (POA) sent on your registered Email ID.

Frequently Asked Questions

Your account will be activated within 4 hours of document submission. If there is any gap in the documentation, the Choice Broking support team will reach out to you. Once your account is activated you will receive an email from Choice Broking informing you about the same.
The following documents will be required to open an account for a resident individual with Choice Broking:
  • PAN Card
  • Cancelled Cheque (that captures the MICR Code)
  • Passport Size Photograph
  • Aadhaar Card
  • Income Proof
The Power of Attorney is a document that gives us the authorization to debit your shares from your Demat Account whenever you sell them. However, till the time you do not submit a POA, you can avail the eDIS facility to sell your holdings. This will require you to authorise your holdings once daily before doing any holding’s sell transactions. It is recommended to send a signed copy of your POA since it enables you to sell your holdings seamlessly without the need to authorise online all the time.
A copy of the POA gets emailed to you on your registered email ID, which needs to be physically signed and couriered to us. You can send us the signed POA to our head-office address mentioned on our website - https://choicebroking.in/
You can courier the signed copy of the POA to our Head Office address mentioned below.
Choice House, Shakambhari Corporate Park,
Chakravati Ashok Co-op Hsg. Soc.
CTS No: 156, 157, 158
J.B. Nagar, Andheri (E)
Mumbai – 400099
You can open a low brokerage Demat Account with Choice Broking at zero account opening charges
NSE/BSE mandates a Demat with your Trading Account for securities. Currency and Commodities do not require a Demat Account, so if your trading requirements are restricted to that; a Trading Account can be opted for. This will have to be specified in the documentation process with the broker. For more information regarding the same, you can contact our customer care team at [email protected]
You will be required to provide us with the CML (Client Master List) Copy of your earlier DP and open a new Demat Account with us.
Yes, you can link multiple Demat Accounts to your Trading Account, even with different DP’s, but they should all be in your name. However, an important thing to note is that from all the linked Demat Accounts you can give shares for Pay In/Pledge, etc; but the payout from the Trading Account will only get credited to the primary Demat Account.
You will be required to provide the Off Market Delivery Instruction Slip (DIS) to your previous DP, mentioning the target DP ID of the Demat Account you are holding in Choice Equity Broking Private Limited.

*Only for those Online clients opening accounts without any referral code

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