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
Angel BrokingEquity Rs 20 | F&O Rs 30Rs 0 (Free)Rs 0 (Free)1,979,094Open Account Angel Broking Review
ICICI DirectRs 35 per trade (I-Secure Plan)Rs 0 (Free)0.55%1,847,989Open Account ICICI Direct Review
HDFC SecuritiesRs 25 plus taxesRs 9990.50%970,651Open AccountHDFC Securities Review
Kotak SecuritiesRs 21 per executed orderRs 7500.49%787,723Open AccountKotak Securities Review
SharekhanIntraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per shareRs 0 (Free)0.50%724,674Open AccountSharekhan Review
Motilal OswalRs 25 for Delivery and Rs 12 for IntradayRs 00.50%650,404Open AccountMotilal Oswal Review
AxisDirectRs 20 per tradeRs 9000.50%460,945Open AccountAxisDirect Review
SBI SecuritiesRs 0.05 for Cash, Rs 0.01 FutureRs 8500.50%345,410Open AccountSBI Securities Review
Geojit1p per share or Rs 20/contract whichever is higherRs 4250.30%215,138Open AccountGeojit Review
Edelweiss0.03% Equity delivery, 0.01% Intra-day and FuturesRs 0 (Free)Rs 10 per executed order165,052Open Account Edelweiss Review

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