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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 Compare
ICICIdirectRs 35 per trade (I-Secure Plan)Rs 0 (Free)0.55%1,953,563Open Account ICICIdirect Review
HDFC SecuritiesRs. 25 per order on equity segmentRs 9990.32%998,480HDFC Securities Review
Kotak SecuritiesRs 21 per executed orderRs 0 (Free)0.25% (Minimum Rs 20 per trade)974,675Open Account Kotak Securities Review
Motilal OswalRs 25 for DeliveryRs 0 (Free)0.20%781,698Open Account Motilal Oswal Review
SBI SecuritiesRs 0.05 for Cash, Rs 0.01 FutureRs 8500.50%634,122SBI Securities Review
SharekhanIntraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per shareRs 0 (Free)0.30% on market rate or minimum 1 paisa per share633,555Sharekhan Review
AxisDirectRs 20 per tradeRs 9000.50%325,887AxisDirect Review
Geojit1p per share or Rs 20/contract whichever is higherRs 0 (Free)0.30%230,477Geojit Review
Nuvama (Edelweiss)0.03% Equity delivery, 0.01% Intra-day and FuturesRs 0 (Free)Rs 10 per executed order218,206Open Account Nuvama (Edelweiss) Review
Anand RathiRs 25Rs 0 (Free)0.30%107,509Open Account Anand Rathi Review


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