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%1,014,293Open AccountICICI Direct Review
HDFC Securities₹25 plus taxes₹9990.50%675,448Open AccountHDFC Securities Review
Kotak Securities₹21 per executed order₹7500.49%538,909Open AccountKotak Securities Review
SharekhanIntraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share₹0 (Free)0.50%520,546Open AccountSharekhan Review
Angel BrokingEquity ₹20 | F&O ₹30₹600₹0 (Free)505,144Open AccountAngel Broking Review
Motilal Oswal₹25 for Delivery and ₹12 for Intraday₹00.50%350,068Open AccountMotilal Oswal Review
AxisDirect₹20 per trade₹900₹20 per executed order271,881Open AccountAxisDirect Review
KarvyDelivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher₹6500.3%255,684Open AccountKarvy Review
SBI Securities₹0.05 for Cash, ₹0.01 Future₹8500.50%227,300Open AccountSBI Securities Review
IIFL₹0.05 per share₹7500.50%205,171Open AccountIIFL Review


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