📅 Last Verified: October 2026⚡ Status: Active Offer
Current Referral Reward & Benefits
✓
Flat ₹300 reward on first trade (min ₹50 on NSE)
✓
Zero account opening charges and dedicated advisory
✓
Lead tracking up to 7 days, payout after validation
✓
Intraday, delivery, and IPO application support
Company Overview & Market Standing
Choice Equity Broking Private Limited (SEBI Reg: INZ000160131, CDSL DP: 12078300) is the broking arm of Choice International Ltd, a multi-disciplinary financial services conglomerate founded in 1993 with 400+ branches across India.
Choice Demat Demat Charges & Brokerage Table
Segment / Fee
Charges & Rates
Account Opening Fee
₹0 (Free online onboarding)
Annual Maintenance Charge (AMC)
₹200 + GST from 2nd year onwards (1st year free under promotion)
Equity Delivery Brokerage
Flat ₹20 or 0.20% per trade
Equity Intraday Brokerage
Flat ₹20 or 0.02% per trade
Futures & Options (F&O)
Flat ₹20 per trade on F&O contracts
DP Charges (per debit)
₹15 + GST per debit transaction
* Statutory government levies including STT, Stamp Duty, GST (18%), and Exchange Transaction Charges apply as mandated by SEBI.
Trading Features & Platform Capabilities
Jiffy Trading App: Clean, customizable interface with TradingView charts
Expert research desk providing daily fundamental and technical recommendations
Integrated IPO, mutual funds, and fixed income deposits marketplace
Dedicated relationship manager support for personalized investor assistance
IPO Availability: Paperless IPO bidding via UPI ASBA with real-time application status notifications.
Mobile Application: Jiffy by Choice (iOS & Android) — rated 4.1★ with instant alerts and biometric security.
Pros & Cons of Choice Demat
✓ Advantages & Pros
Flat ₹300 referral reward upon referee executing a simple first trade (min ₹50 on NSE)
Zero account opening fees for new digital customers
Strong brick-and-mortar branch presence with dedicated relationship manager support
Free fundamental research and stock advisory recommendations
✕ Drawbacks & Cons
Trade must be executed on NSE specifically within the same month to qualify for payout
Delivery trades are not zero brokerage (flat ₹20 applies)
Trading platform has fewer third-party integrations compared to Zerodha
Who Should Choose Choice Demat?
Investors who value traditional full-service broker support, direct human advisory, and relationship manager guidance combined with discount brokerage pricing.
Eligibility Criteria
Indian resident aged 18+ with PAN and Aadhaar linked to mobile number.
Valid bank account in applicant's name.
First-time customer with Choice International / Choice Broking.
How To Claim the Offer
1
Click [REFER NOW] to open the Choice Demat partner link.
2
Enter mobile number, email, and verify OTP.
3
Complete paperless KYC and upload PAN & bank proof.
4
Complete NSDL e-Sign verification.
5
Place a first trade of min ₹50 on NSE within the same month to qualify.
Note: Rewards and eligibility are determined by Choice Demat upon successful verification. DematRefer does not guarantee reward payouts.
Terms & Conditions
Payout on customer's successful account opening with first Trade min INR 50 (on NSE).
No payout for account opening only.
Trade must be of min Rs.50 or more in NSE only (trading in BSE is not valid for payout).
Complete account opening in same month of lead added.
Intraday trading is allowed for payout.
Complete the trade by same month of lead added.
Official Website & Terms
Review official offer details and verified terms directly on the provider's portal:
The referee must successfully open an account and execute a qualifying first trade of minimum ₹50 on the NSE exchange within the same month.
No, program terms specify that the first qualifying trade must be executed on NSE.
Referral Disclosure: Some links on DematRefer may be referral or affiliate links. We may receive a commission when eligible users complete qualifying actions through these links at no extra cost to you. Read our full Affiliate Disclosure.
Risk Disclosure: Securities investments carry market risk. Read all scheme-related documents carefully before opening an account or investing.
