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 ₹35 per trade. With a brokerage of 0.50%, if the total trade value is less than ₹7000, you will pay the minimum brokerage amount of ₹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
ICICI Direct₹35 per trade₹9750.55%1,091,830Open AccountICICI Direct Review
HDFC Securities₹25 plus taxes₹9990.50%729,868Open AccountHDFC Securities Review
Angel BrokingEquity ₹20 | F&O ₹30₹600₹0 (Free)680,090Open AccountAngel Broking Review
Kotak Securities₹21 per executed order₹7500.49%604,820Open AccountKotak Securities Review
SharekhanIntraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share₹0 (Free)0.50%552,897Open AccountSharekhan Review
Motilal Oswal₹25 for Delivery and ₹12 for Intraday₹00.50%396,575Open AccountMotilal Oswal Review
AxisDirect₹20 per trade₹9000.50%283,378Open AccountAxisDirect Review
SBI Securities₹0.05 for Cash, ₹0.01 Future₹8500.50%266,634Open AccountSBI Securities Review
IIFL Securities₹0.05 per share (₹25 Min)₹7500.50%228,467Open AccountIIFL Securities Review
KarvyDelivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher₹6500.3%215,272Open AccountKarvy Review


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