LOWEST BROKERAGE CHARGES IN INDIA
Minimum or lowest Brokerage is the lowest charge which the trader pays when the total calculated brokerage is below a certain amount.If the brokerage calculated is lesser then the minimum brokerage set by the broker then the broker charges the lowest brokerage fee.
SEBI, the market regulator has set some guidelines about the maximum brokerage charges that a broker can charge from the traders who trade in India stock exchanges. According to NSE and BSE, the maximum brokerage charges in India is 2.5 %. No broker can charge more than 2.5%
SEBI doesn’t have any guidelines about the lowest brokerage charges in India. Each broker has its own low brokerage pricing for its clients.
Some brokers offer zero lowest brokerage charges
Here is the list of best brokers that provides lowest stock brokerage in India.
Wisdom capital – wisdom capital is an online discount brokerage firm that offers brokerage services for stocks, future and options, commodities on NSE, BSE, MCX, and NCDEX. Wisdom capital offers ZERO brokerage in all NSE, BSE, MCX segments along with FREE ACCOUNT OPENING CHARGES
RKSV security – rksv security is an india based popular discount broker offering budget brokerage plans to india stock and commodity market investors.Rksv securities offers Rs. 20 per trade with 5 trades free per month.They charges ZERO for ISB readers
Tradeplus online – tradeplus is an online stock broker that offers traditional as well as discount broking. they offers trading and investment at BSE, NSE and MCX. Tradeplus offers infinite trading at a fixed monthly fee.
SAS online – SAS online is an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities at NSE, BSE and MCX exchanges. SAS online charges Rs. 9 per trade or 0.07% whichever is lower
Zerodha- Zerodha is INDIA based flat fee share broker for trading in the stock, commodity and currency derivative. It charges brokerage of 0.01% or Rs. 20 per executed order