|Minimum required to open an account|
|Resident Indians||INR 100,000|
|Non-Resident Indians||INR 500,000|
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|
INR 2000 per order 1