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Choice broker Accounts

  

Choice Broking Account Type

  Choice Broking offers various types of accounts to cater to different trading needs, including:

  •   Trading Account: This account allows investors to buy and sell various financial instruments such as stocks, derivatives, currencies, and commodities. It serves as a platform for executing trades.

  •   Demat Account: This account is used to hold securities in a digital format. It is essential for storing shares, mutual funds, and other securities electronically.

  •   2-in-1 Account: This combined account includes both trading and demat functionalities, simplifying the trading process for users.

  •   Margin Account: Allows traders to borrow funds from the broker to trade, enabling them to purchase more securities than they could with their own funds.

  •   Special AMC Plans: Choice Broking offers different annual maintenance charge (AMC) plans for demat accounts, including options for free AMC for the first year, lifetime free plans, and refundable options.

      

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    Choice Broking Broker Account Opening Process

      To open an account with Choice Broking, follow these steps:

      

    Online Account Opening Process

    • Visit the Website or App: Go to the Choice Broking website or download the Jiffy mobile app.
    • Register: Fill in basic details such as name, mobile number, and city.
    • Document Upload: Upload required documents including:
      • PAN Card
      • Aadhaar Card
      • Address Proof
      • Cancelled Cheque
      • Passport Size Photograph
      • Income Proof (for derivatives trading)
      • In-Person Verification (IPV): Complete the IPV process, which can be done online.
      • Courier POA: Send the Power of Attorney (POA) document received via email to the broker's office.
      • Verification: The broker will verify the submitted documents.
      • Account Activation: Once verified, you will receive an email confirming the activation of your account.
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        Offline Account Opening Process

        • Download Forms: Download the account opening form from the Choice Broking website.
        • Fill in Details: Complete the form with personal information.
        • Attach Documents: Include all required documents with the form.
        • Courier the Form: Send the signed form and documents to the broker's office for verification.
        • Receive Confirmation: Once verified, you will get an email with your account details.
        •   By following these steps, you can easily open a trading and demat account with Choice Broking, enabling you to start trading in various financial markets.

Choice accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Choice Account