What is the minimum brokerage charged by AxisDirect?

The minimum brokerage for all types of accounts is Rs.25 and equity SIP trades is Rs.20 and maximum 2.5% of the trade value (Qty*BUY Price), please go through the following examples to know more:

 

1) If the 2.5% > Minimum Brokerage:

Customer's Traded value: Rs.500

Brokerage plan: 0.5%

The brokerage charged to the customer will be Rs.12.5 because 2.5% of Rs.500 is less than the minimum Brokerage of Rs. 25

2) If the 2.5% < Minimum Brokerage:

Customer's Traded value: Rs.1000

Brokerage plan: 0.5%

The brokerage charged to the customer will be Rs.25 because 2.5% of Rs.1000 is higher than the minimum Brokerage and 0.5% is less than the minimum brokerage

3) If the Brokerage as per the plan is less than 2.5% but greater than the minimum brokerage:

Customer's Traded value: Rs.10,000

Brokerage plan: 0.5%

 

The Brokerage as per the plan is less than 2.5% but greater than the minimum brokerage

 

For stocks trending below Rs.10 it would 3 paisa/share.

 

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