Minimum Brokerage Charges by Full-service Brokers

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.

Minimum Brokerage Amount (Full-service)

Broker Minimum Brokerage Acct Opening Fee Brokerage (Eq Delivery) Active Clients Request Callback Review
ICICI DirectRs 35 per tradeRs 00.55%1,289,023Open AccountICICI Direct Review
Angel BrokingEquity Rs 20 | F&O Rs 30Rs 0 (Free)Rs 0 (Free)1,221,008Open AccountAngel Broking Review
HDFC SecuritiesRs 25 plus taxesRs 9990.50%889,126Open AccountHDFC Securities Review
Kotak SecuritiesRs 21 per executed orderRs 7500.49%688,217Open AccountKotak Securities Review
SharekhanIntraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per shareRs 0 (Free)0.50%632,476Open AccountSharekhan Review
Motilal OswalRs 25 for Delivery and Rs 12 for IntradayRs 00.50%495,271Open AccountMotilal Oswal Review
AxisDirectRs 20 per tradeRs 9000.50%415,014Open AccountAxisDirect Review
SBI SecuritiesRs 0.05 for Cash, Rs 0.01 FutureRs 8500.50%301,059Open AccountSBI Securities Review
IIFL SecuritiesRs 0.05 per share (Rs 25 Min)Rs 250 (Currently waived off)0.25%268,346Open AccountIIFL Securities Review
Geojit1p per share or Rs 20/contract whichever is higherRs 4250.30%186,169Open AccountGeojit Review

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