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 |
---|---|---|---|---|---|---|
ICICI Direct | Rs 35 per trade | Rs 0 | 0.55% | 1,289,023 | Open Account | ![]() |
Angel Broking | Equity Rs 20 | F&O Rs 30 | Rs 0 (Free) | Rs 0 (Free) | 1,221,008 | Open Account | ![]() |
HDFC Securities | Rs 25 plus taxes | Rs 999 | 0.50% | 889,126 | Open Account | ![]() |
Kotak Securities | Rs 21 per executed order | Rs 750 | 0.49% | 688,217 | Open Account | ![]() |
Sharekhan | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 0 (Free) | 0.50% | 632,476 | Open Account | ![]() |
Motilal Oswal | Rs 25 for Delivery and Rs 12 for Intraday | Rs 0 | 0.50% | 495,271 | Open Account | ![]() |
AxisDirect | Rs 20 per trade | Rs 900 | 0.50% | 415,014 | Open Account | ![]() |
SBI Securities | Rs 0.05 for Cash, Rs 0.01 Future | Rs 850 | 0.50% | 301,059 | Open Account | ![]() |
IIFL Securities | Rs 0.05 per share (Rs 25 Min) | Rs 250 (Currently waived off) | 0.25% | 268,346 | Open Account | ![]() |
Geojit | 1p per share or Rs 20/contract whichever is higher | Rs 425 | 0.30% | 186,169 | Open Account | ![]() |
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