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
ICICIdirect	Rs 35 per trade (I-Secure Plan)	Rs 0 (Free)	0.55%	1,862,161	Open Account
Kotak Securities	Rs 21 per executed order	Rs 99	0.25% (Minimum Rs 20 per trade)	1,248,531	Open Account
HDFC Securities	Rs. 25 per order on equity segment	Rs 999	0.32%	1,114,215
Motilal Oswal	Rs 25 for Delivery	Rs 0 (Free)	0.20%	893,218	Open Account
SBI Securities	Rs 0.05 for Cash, Rs 0.01 Future	Rs 850	0.50%	891,155
Sharekhan	Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share	Rs 0 (Free)	0.30% on market rate or minimum 1 paisa per share	671,884
AxisDirect	Rs 20 per trade	Rs 900	0.50%	371,589
Geojit	1p per share or Rs 20/contract whichever is higher	Rs 0 (Free)	0.30%	246,824
Anand Rathi	Rs 25	Rs 0 (Free)	0.30%	127,921	Open Account
Aditya Birla Money	Rs 20 per executed order	Rs 750	20	82,790