Minimum Brokerage Charges by Discount Brokers

Minimum brokerage charges by discount brokers are the minimum commission you pay every time you buy or sell stocks and other securities. There are many online discount brokers in India who charge zero brokerage on some segments as minimum brokerage charges i.e. you don't have to pay any commission for buying and selling shares.

Some discount brokers charge a small flat brokerage fee as minimum brokerage charges. For example, 5paisa charges Rs 10 per trade. This minimum brokerage fee of Rs 10 per trade is irrespective of the trading value. So whether you're selling stocks worth Rs 1 lakh or Rs 1 crore, 5paisa minimum brokerage charges will be Rs 10.

Benefits of Minimum Brokerage or Zero Brokerage Charges

  • Significantly lower your trading costs
  • Helps you reach break-even quickly
  • Increase your profitability

Minimum Brokerage Amount (Discount Brokers)

Broker Minimum Brokerage Acct Opening Fee Brokerage (Eq Delivery) Active Clients Request Callback Review
Zerodha0.03% in Intraday and F&ORs 200Rs 0 (Free)6,583,612Open Account Zerodha Review
Upstox0.05%Rs 249Rs 20 per executed order or 2.5% whichever is low5,462,001Open Account Upstox Review
GrowwRs 20 or 0.05% per executed orderRs 0 (Free)Rs 20 per executed order or 0.05% whichever is lower4,422,161Groww Review
Angel OneEquity Rs 20 | F&O Rs 30Rs 0 (Free)Rs 0 (Free)4,025,199Open Account Angel One Review
5paisaRs 20 per tradeRs 0 (Free)Rs 20 per executed order1,652,702Open Account 5paisa Review
Alice BlueRs 0Rs 150Rs 0 (Free)144,702Open Account Alice Blue Review
FyersIntra-day: Rs 7 or 2.5% whichever is lowerRs 0 (Free)Rs 0 (Free)142,962Open Account Fyers Review
Bajaj FinancialRs 5 per executed orderRs 0 (Free)Rs 20 per order96,099Open Account Bajaj Financial Review
SAMCO0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segmentsRs 0 (Free)Rs 20 per trade or 0.20% (whichever is lower)74,222Open Account SAMCO Review
TradeSmartRs 15 per executed orderRs 200Rs 15 per order44,909Open Account TradeSmart Review
  • Discount brokers may have some conditions on minimum brokerage charges. Please understand the conditions before opening the account.
  • The zero brokerage charges are available for certain segments, mostly equity delivery. So check with your broker before trading.


Add a public comment...