Required Minimums

Balance

Minimum required to open an account
Resident Indians INR 100,000
Non-Resident Indians INR 500,000


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.