India’s Top 7 Stock Broker Brokerage Comparison

Indiabulls Shubh Account Opening and Brokerage Charges

Account Opening Charges

Brokerage Charges

Equity – Delivery	0	0
Equity – Intraday	0 (if opted for subscription plan)	Rs.15 per executed order or 0.01% (whichever is lower)
Equity Futures	0 (if opted for subscription plan)	Rs.15 per executed order or 0.01% (whichever is lower)
Equity Options (per lot)	0 (if opted for subscription plan)	Flat Rs. 15
Currency options	0 (if opted for subscription plan)	Flat Rs. 15
Call & Trade	0	Rs.15

Account Opening Charges

Account Opening	Rs. 699
Annual Maintenance (AMC)	Free for 1st year Rs. 450 2nd year onwards

Brokerage Charges

Equity – Delivery	Flat Rs.15 for order size less than Rs.50,000 Flat Rs.30 for order size greater than Rs.50,000
Equity – Intraday	Flat Rs.15 for order size less than Rs.50,000 Flat Rs.30 for order size greater than Rs.50,000
Equity Futures	Flat Rs.30
Equity Options (per lot)	Flat Rs.30
Currency options	Flat Rs.30
Call and Trade	Rs.20

Account Opening Charges

Account Opening	Equity – Rs.300 Commodity – Rs.200
Annual Maintenance (AMC)	Rs.300

Brokerage Charges

Equity – Delivery	0
Equity – Intraday	0.01% or Rs.20/executed order whichever is lower
Equity Futures	0.01% or Rs.20/executed order whichever is lower
Equity Options (per lot)	Flat Rs.20
Currency options	0.01% or Rs.20/executed order whichever is lowe
Call & Trade	Rs.20

Account Opening Charges

Account Opening	Rs.150
Annual Maintenance (AMC)	Rs.150

Brokerage Charges

Equity – Delivery	0
Equity – Intraday	Rs.20 per executed order or 0.01% (whichever is lower)
Equity Futures	Rs.20 per executed order or 0.01% (whichever is lower)
Equity Options (per lot)	Flat Rs.20
Currency options	Rs.20 per executed order or 0.01% (whichever is lower)
Call & Trade	Rs.20

Account Opening Charges

Account Opening	Free
Annual Maintenance (AMC)	Free for 1st year Rs. 400 2nd year onwards

Brokerage Charges

Equity – Delivery	For Margin range of Rs 25,000-49,999 is 40 paisa For Margin range of Rs 49,999 – 99,999 is 30 paisa For Margin range of Rs 1,00,000-4,99,999 is 0.25 paisa
Equity – Intraday	For Margin range of Rs 25,000-49,999 is 4 paisa For Margin range of Rs 49,999 – 99,999 is 3 paisa For Margin range of Rs 1,00,000-4,99,999 is 0.025 paisa
Equity Futures	Margin Rs. 0 to 24999 0.05% – ( Min 5 Paise ) Margin Rs. 25000 to 49999 – 0.04% (Min 4 Paise) Margin Rs. 50000 to 99999 – 0.03% (Min 3 Paise) Margin Rs. 100000 to 299999 – 0.025% (Min 2 Paise) Margin Rs. 300000 to 499999- 0.02% (Min 2 Paise) Margin Rs. 500000 – 0.015% (Min 1 Paise)
Equity Options (per lot)	Margin Rs. 0 to 24999 0.05% – Rs 100 per lot Margin Rs. 25000 to 49999 – Rs 75 per lot Margin Rs. 50000 to 99999 – Rs 70 per lot Margin Rs. 100000 to 299999 – Rs 50 per lot Margin Rs. 300000 to 499999- Rs 40 per lot Margin Rs. 500000 – Rs 25 per lot
Currency options	Margin Rs. 0 to 24999 0.05% – Rs 100 per lot Margin Rs. 25000 to 49999 – Rs 75 per lot Margin Rs. 50000 to 99999 – Rs 70 per lot Margin Rs. 100000 to 299999 – Rs 50 per lot Margin Rs. 300000 to 499999- Rs 40 per lot Margin Rs. 500000 – Rs 25 per lot
Call & Trade	Free

Account Opening Charges

	IIFL	5 Paisa
Account Opening	Rs.750	Rs.650
Annual Maintenance	Rs.400	Free for 1st year Rs.400 2nd year onwards

Brokerage Charges

	IIFL	5 Paisa
Equity – Delivery	0.50%	Rs.10
Equity – Intraday	0.05%	Rs.10
Equity Futures	0.05%	Rs.10
Equity Options (per lot)	1% of Premium or Rs.100/- per lot whichever is higher	Rs.10
Currency options	1% of Premium or Rs.100/- per lot whichever is higher	Rs. 10
Call & Trade	Free	Rs.100