Top 5 Full Service Brokers offering Lowest Brokerage Charges in India

Top 5 Full Service Brokers offering Lowest Brokerage Charges in India

Top 5 Full-Service Brokers are ranked based on the brokerage charged (intraday and delivery), call & trade charges, fund transfer charges, account opening and annual maintenance charges.

Main factor considered while ranking Top 5 Brokers:

  • Brokerage charged

Along with brokerage charges we will give you an insight on:

  • Trading Account Opening Charges
  • Demat Account Opening Charges
  • Trading Annual Maintenance Charges
  • Demat Annual Maintenance Charges and
  • Commodity Annual Maintenance Charges

Scroll down to know brief information about them :

Rank Broker Name
1 Edelweiss
2 Axis Direct
3 Tradebulls
4 Angel Broking
5 Reliance Securities

Axis Direct is a full-service broker established in 2011 headquartered in Mumbai, they are depository participant of NSDL & CDSL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
  • Fixed Deposits
CHARGES AMOUNT
Account opening charges
Trading account Rs. 999
Demat account Rs. 0
Commodity account Rs. 0
Annual Maintenance Charges
Trading account Rs. 499
Demat account Rs. 0
Commodity account Rs. 0
Brokerage Charges
Equity Delivery Rs. 20 per order
Equity Intraday Rs. 20 per order
Equity Futures Rs. 20 per order
Currency Futures Rs. 20 per order
Commodity Futures Rs. 20 per order
Equity Options Rs. 20 per order
Currency Options Rs. 20 per order
Commodity Options Rs. 20 per order

Edelweiss is a full-service broker established in 1995 headquartered in Mumbai, they are depository participant of CDSL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
CHARGES AMOUNT
Account opening charges
Trading account Rs. 0
Demat account Rs. 0
Commodity account Rs. 0
Annual Maintenance Charges
Trading account Rs. 0
Demat account Rs. 0
Commodity account Rs. 0
Brokerage Charges
Equity Delivery 1% on Turnover
Equity Intraday 1% on Turnover
Equity Futures Rs. 5 per lot
Currency Futures Rs. 5 per lot
Commodity Futures 0.04% on Turnover
Equity Options Rs. 5 per lot
Currency Options Rs. 5 per lot
Commodity Options 0.03% on Turnover

Tradebulls is a full-service broker established in 2009, headquartered in Ahemdabad. They are depository participant of CDSL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • IPO
CHARGES AMOUNT
Account opening charges
Trading account Rs. 650
Demat account Rs. 650
Commodity account Rs. 0
Annual Maintenance Charges
Trading account Rs. 0
Demat account Rs. 0
Commodity account Rs. 0
Brokerage Charges
Equity Delivery 0.1 - 0.5 % on Turnover
Equity Intraday 0.01 - 0.05 % on Turnover
Equity Futures Rs. 10 per lot
Currency Futures Rs. 10 per lot
Commodity Futures Rs. 10 per lot
Equity Options Rs. 10 per lot
Currency Options Rs. 10 per lot
Commodity Options Rs. 10 per lot

Angel Broking is a full-service broker established in 1987 headquartered in Mumbai, they are depository participant of NSDL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
CHARGES AMOUNT
Account opening charges
Trading account Rs. 0
Demat account Rs. 0
Commodity account Rs. 0
Annual Maintenance Charges
Trading account After first year Rs. 531
Demat account After first year Rs. 531
Commodity account Rs. 0
Brokerage Charges
Equity Delivery Rs. 15 - Rs. 30 per order
Equity Intraday Rs. 15 - Rs. 30 per order
Equity Futures Rs. 15 - Rs. 30 per order
Currency Futures Rs. 15 - Rs. 30 per order
Commodity Futures Rs. 15 - Rs. 30 per order
Equity Options Rs. 15 - Rs. 30 per order
Currency Options Rs. 15 - Rs. 30 per order
Commodity Options Rs. 15 - Rs. 30 per order

Reliance Securities is a full-service broker established in 2005 headquartered in Mumbai, they are depository participant of NSDL & CDSL and they offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
  • Fixed Deposits
CHARGES AMOUNT
Account opening charges
Trading account Rs. 0
Demat account Rs. 0
Commodity account Rs. 0
Annual Maintenance Charges
Trading account Rs. 0
Demat account Rs. 200
Commodity account Rs. 0
Brokerage Charges
Equity Delivery 0.4% on Turnover
Equity Intraday 0.04% on Turnover
Equity Futures 0.03% on Turnover
Currency Futures 0.03% on Turnover
Commodity Futures 0.03% on Turnover
Equity Options Rs. 10 per lot
Currency Options Rs. 10 per lot
Commodity Options Rs. 100 per lot




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