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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
ICICIdirectRs 35 per trade (I-Secure Plan)Rs 0 (Free)0.55%2,752,864Open Account ICICIdirect Review
Kotak SecuritiesRs 21 per executed orderRs 0 (Free)0.25%1,108,340Open AccountKotak Securities Review
HDFC SecuritiesRs 25 plus taxesRs 9990.50%1,056,565Open AccountHDFC Securities Review
Motilal OswalRs 25 for Delivery and Rs 12 for IntradayRs 00.50%788,629Open AccountMotilal Oswal Review
SharekhanIntraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per shareRs 0 (Free)0.50%764,651Open AccountSharekhan Review
SBI SecuritiesRs 0.05 for Cash, Rs 0.01 FutureRs 8500.50%462,752Open AccountSBI Securities Review
AxisDirectRs 20 per tradeRs 9000.50%402,765Open AccountAxisDirect Review
Geojit1p per share or Rs 20/contract whichever is higherRs 4250.30%233,999Open AccountGeojit Review
Edelweiss0.03% Equity delivery, 0.01% Intra-day and FuturesRs 0 (Free)Rs 10 per executed order183,089Open Account Edelweiss Review
Religare1p per shareRs 5000.50% to 0.10%163,511Open AccountReligare Review

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