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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 |
|---|---|---|---|---|---|---|
| ICICIdirect | Rs 35 per trade (I-Secure Plan) | Rs 0 (Free) | 0.55% | 3,194,834 | Open Account  |  |
| Kotak Securities | Rs 21 per executed order | Rs 0 (Free) | 0.25% (Minimum Rs 20 per trade) | 1,267,424 | Open Account | |
| HDFC Securities | Rs. 25 per order on equity segment | Rs 999 | 0.50% | 1,173,032 | | |
| Motilal Oswal | Rs 25 for Delivery | Rs 0 (Free) | 0.20% | 930,588 | | |
| Sharekhan | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 0 (Free) | 0.50% | 766,848 | Open Account | |
| SBI Securities | Rs 0.05 for Cash, Rs 0.01 Future | Rs 850 | 0.50% | 653,825 | | |
| AxisDirect | Rs 20 per trade | Rs 900 | 0.50% | 412,201 | | |
| Geojit | 1p per share or Rs 20/contract whichever is higher | Rs 0 (Free) | 0.30% | 237,100 | | |
| Edelweiss | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 0 (Free) | Rs 10 per executed order | 208,027 | Open Account | |
| Anand Rathi | Rs 25 | Rs 0 (Free) | 0.30% | 107,990 | Open Account | |
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