The following is the list of Stock Broker Firms in India:

1. ICICI Direct

Account opening fees : Rs 750/- (One time non-refundable)
Brokerage : ICICIDirect.com brokerage varies on volume of trade and inclusive of demat transaction charges, service taxes and courier charges for contract notes. It ranges from 0.1% to 0.15% for margin trades, 0.2% to 0.425% for squared off trades and 0.4% to 0.85% on delivery based trades.

2. Sharekhan

Some stock trading companies charge direct percentage while others charge a fixed amount per Rs 100. Sharekhan charges 0.5% for inter day shares and 0.1% for intra day or you could say Sharekhan charges 50 paise per Rs 100.

3. Indiabulls

Account opening fees : Rs 1200/- (One time non-refundable) as below:
250/- Equity Trading Account opening charge
200/- Demat Account opening charge
750/- Software changes

4. 5Paisa

Account opening fees: Rs 500/- one time non refundable.
5paisa offer competitive rates. They charge only 5 paisa for Rs 100 of trade done, which is 0.05%. brokerage. In case of trade that result in delivery, they charge an additional 0.20% for back office and securities handling.

5. Motilal Oswal Securities

Type of Account
MOSt E-Broking
MOSt E-Broking is complete online stock trading solution for Indiaian stock market.
Following are the features of MOSt E-Broking account:
Easy single screen trader with instant trade confirmation similar to exchange based trading terminals.
Access to various online reports like margin report, Demat A/c details, trades executed, turnover report, net position report with mark to market profit/loss and realized profit.
Online transfer funds through HDFC Bank.

6. HDFC Securities

Rs. 799/- (Including trading account, bank account and DP account with HDFC)
Please note: HDFC Bank savings account required a quarterly minimum balance of Rs. 2,500/-. If you already have Saving account or DP account with HDFC, you could link them with trading account.

7. Reliance Money

Reliance Money offers lowest brokerage rates in today's online stock trading industry in India. The brokerages are as low as 0.075% for delivery based trading and 0.02 for now delivery. For more detail about Reliance Money’s brokerage and fees visit the below section of this webpage.

Reliance Money Demat Account Charges:
Annual Services Charges - For Individuals / HUFs / Trust Rs. 50/-
Annual Services Charges - For NRIs / Foreign Nationals, Corporates / Others Rs. 1000/-
Transaction Charges - SELL (Market & Off Market)
For instructions given in physical form. Rs. 25/-
Transaction Charges - SELL (Market & Off Market)
For instructions received through Internet/ online trading through Reliance Securities Ltd. Rs. 12/-

8. IDBIPaisaBuilder

Check the IDBI Web portal for details.

9. Religare

These are 3 types of accounts in religare.
-> R-ACE
Account activation charges Rs.299/-.
Minimum margin of Rs.5000/- required.

-> R-ACE Lite
Account activation charges Rs.499/-.
Minimum margin of Rs.5000/- required.

-> R-ACE Pro
Account activation charges Rs.999/-.
Minimum margin of Rs.10,000/- required.

10. Geojit

Account opening fees: Rs 500/- one time non refundable.
For delivery based trading, Geojit brokerage is 0.30% for trading less then 10 lakhs a month and reduces for more volume.
For Intra-day trading, Geojit brokerage is 0.030% for trading less then 2 Crores a month and reduces for more volume.
For F&O trading, Geojit brokerage is Rs 75/- per lot less then 9 Crores a month and reduces for more volume.

11. Networth Stock Broking Limited (NSBL)

Here it is called Service charge,

N-Easy Trading:
View Only Account: Charges are Rs. 500 per month, Rs. 1200 per Qtr or Rs 4500 p.a.
Trading Account: Free but user access charge of Rs. 150 pm, applied if brokerage from the client in a month is < Rs. 1250.

N-Swift Trading:
View Only Account: Rs. 750 per month, Rs. 2000 per Qtr or Rs 6000 p.a
Trading Account: Free but user access charge of Rs. 300 pm, applied if brokerage from the client in a month is < Rs. 5000.

12. Kotak Securities

A trading account in Kotak requires you to have a minimum of Rs.1000 to start with, the bank account to have a minimum of Rs.2500.
For Intra-day trading, Kotak brokerage is around 0.05%.
For delivery trading, Kotak brokerage is around 0.45%.

13. UTI Securities Ltd (UTISEL)

Here again we have 3 types of UTI Securities,
UTI Securities offers three kinds of platforms as above. Below are detail about fees and activation charges for each account:
1. EASY Usec:
Account activation charges Rs.499/-.
2. ADVANCE Usec:
Account activation charges Rs.799/-.
3. SUPER Usec:
Account activation charges Rs.2499/-.

14. Angel Trade

For trade up to the range of Rs 1 - 3 Crore:
Cash Based: 0.50%
Day trading: 0.05%
Derivatives: 0.05%

For trade more than Rs 3 Crore, brokerage is about 0.03%.

Source: http://www.indiastudychannel.com/resources/50557-List-stock-Brokerage-Ch...

Join The Discussion on "List of Stock Broker Firms in India"

Find out what other readers have to say in our Member's Only Forum Area on today's topic. Share , ask , connect and enjoy!