Lowest Brokerage Charges in India

kundkundTC
1 min readApr 5, 2023

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The lowest brokerage charge is the minimum brokerage amount that traders need to pay when the total brokerage calculation is less than the amount set. If the calculated brokerage is lower than the minimum brokerage defined by the stock broker, the lowest brokerage charges are incurred.

There are set guidelines from SEBI (security and exchange board of India) for India’s highest/ lowest brokerage charges for traders who trade on the Indian stock exchange. The maximum brokerage any stockbroker can apply is 2.5%, and no stockbroker can surpass the set percentage. There are no limitations stockbrokers can charge for the lowest brokerage charges according to their preferences.

Top 10 companies charging the lowest brokerage charges in India

Here is the list of the companies charging the lowest brokerage charges in India, with the brokerage plan they offer to their clients.

1. ICICI Direct — Lowest Brokerage Charges in India

2. Kotak Securities

3. HDFC Securities

4. Motilal Oswal

5. Sharekhan

6. SBI Securities

7. AxisDirect

8. Geojit

9. Edelweiss

10. Religare

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