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The minimum brokerage charge by the full-service brokers is the minimum commission they charge for trading with them. i.e. Minimum brokerage charges in ICICI is Rs 35 per trade. With a brokerage of 0.50%, if the total trade value is less than Rs 7000, you will pay the minimum brokerage amount of Rs 35.
Almost all full-service brokers have hefty minimum brokerage charges. This is one of the biggest disadvantages of trading with a full-service broker.
It's very important to know about the minimum broker commission before opening the account with them.
Broker | Minimum Brokerage | Acct Opening Fee | Brokerage (Eq Delivery) | Active Clients | Request Callback | Review | Compare |
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ICICIdirect | Rs 35 per trade (I-Secure Plan) | Rs 0 (Free) | 0.55% | 1,953,563 | Open Account ![]() | ![]() | |
HDFC Securities | Rs. 25 per order on equity segment | Rs 999 | 0.32% | 998,480 | ![]() | ||
Kotak Securities | Rs 21 per executed order | Rs 0 (Free) | 0.25% (Minimum Rs 20 per trade) | 974,675 | Open Account ![]() | ![]() | |
Motilal Oswal | Rs 25 for Delivery | Rs 0 (Free) | 0.20% | 781,698 | Open Account ![]() | ![]() | |
SBI Securities | Rs 0.05 for Cash, Rs 0.01 Future | Rs 850 | 0.50% | 634,122 | ![]() | ||
Sharekhan | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 0 (Free) | 0.30% on market rate or minimum 1 paisa per share | 633,555 | ![]() | ||
AxisDirect | Rs 20 per trade | Rs 900 | 0.50% | 325,887 | ![]() | ||
Geojit | 1p per share or Rs 20/contract whichever is higher | Rs 0 (Free) | 0.30% | 230,477 | ![]() | ||
Nuvama (Edelweiss) | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 0 (Free) | Rs 10 per executed order | 218,206 | Open Account ![]() | ![]() | |
Anand Rathi | Rs 25 | Rs 0 (Free) | 0.30% | 107,509 | Open Account ![]() | ![]() |
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