Required Minimums

Market Data Subscription Requirements

Market Data Subscription Minimum Equity Balance Requirements
The following minimums are required to subscribe to market data and research subscriptions for new accounts.
Indian residents trading with an IB India account USD 500 (equivalent in INR)
Individual Accounts for Non-Resident Indians2 USD 2,000 (equivalent in INR)
Market Data Subscription Equity Maintenance Requirements
The following minimums are required to maintain market data and research subscriptions.
Indian residents trading with an IB India account USD 100 (equivalent in INR)
Individual Accounts for Non-Resident Indians2 USD 500 (equivalent in INR)


Monthly Activity

As IB caters to active professional traders and investors, we require that each account generate a minimum of commissions per month. Accounts generating commissions less than the minimum as stated below in any given month will be assessed the difference as a monthly activity fee (Activity Fee = Minimum Required Monthly Commission – Actual Monthly Commission). Please note that the monthly activity fee is based on commissions only.

Waived for the first three full calendar months OR Accounts whose Net Liquidation Value >= INR 1,000,000.

Resident Indians INR 200
Non-Resident Indians INR 600


Telephone/Manual Orders

INR 2000 per order 1



Notes:

  1. Telephone orders are only allowed for closing orders, and the fee is in addition to all regular commission fees.
  2. Global rules to be applied for NRI'S trading on NSE.