You should consider a full-service broker if you don’t do more than 3-4 transactions per month.
But if you trade more or want to cut down on your brokerage costs, then go only with a discount broker; this way, you will save on trading costs.
Full-service brokers charge a percentage (0.1% to 0.5%) of the transaction value as brokerage.
The brokerage amount will only be a few hundred rupees if your investment is 10,000-15,000 rupees.
But if your investment is more than 1 lakh, the total brokerage amount will be huge.
If you buy stocks worth Rs. 1 Lakh every month, meaning Rs. 12 lakh in a year, you end up paying 0.5% brokerage (Rs. 6000) plus taxes. Whereas discount brokers charge a flat fee per trade, irrespective of the trade volume.
The advantage with full-service brokers over discount brokers are
- research reports
- stock trading tips
- training for trading
- creating stock investment portfolio
- a dedicated manager for addressing your queries
- even stock recommendations
You can learn from them, but I wouldn’t advise you to follow them blindly because the recommendations are not full-proof.
For long-term investing, read How to start investing in share markets In India (Even With 10,000 Investment)
You can pick brokers after considering the following points –
- Seamless flow of funds between trading and bank account
- Depth of research
- Customer support
- Brokerage charges
You can read on for a detailed review of the full-service brokers
Review of Full Service Brokers in India 2026
#1. Angel One Broker Review
Angel One is a 25+ year old full-service stockbroker but has charges like that of a discount broker. You pay a flat brokerage of Rs. 20 per trade on all segments. Flat brokerage rates can save huge money if you trade high volumes.
Their value-added services include – stock advisory & recommendation, investment in bonds (corporate, tax-free, NCD & govt bonds), and US Stocks.
Angel One offers an ARQ intelligence tool for checking stock performance and portfolio health.
Brokerage Charged by Angel One