INDIA INX

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Fees, Deposits & Networth Requirements
India INX
Particulars TM TSM TCM
Net worth Requirement US$ 1,50,000
(1 Crore INR)
US$ 7,50,000
(5 Crores INR)
US$ 15,00,000
(10 Crores INR)
Base Minimum Capital * US $15,000 – US $75,000
Admission Fees - - -
Application processing charge US $500 US $500 US $500
Annual Fees - Early Bird Offer (Till calendar year 2017) US $1000 US $1000 US $1000
Annual Fees (From calendar year 2018) US $3000 US $3000 US $3000
Interest Free Deposit (Refundable) US $10000 US $10000 US $10000
SEBI Registration Fees INR 50000 INR 50000 INR 50000

* Rates vary as per SEBI norms depending on proprietary, clientele, algo facilities. Min 10 lakhs, maximum 50 lakhs in Indian Rupees

India ICC

Networth requirement (as per LC Gupta format provided in Schedule VI of the SEBI (Stock broker and Sub brokers) Regulations, 1992 :

Particulars TM TSM TCM PCM
Application processing charge - US $500 US $500 US $500
Interest Free Deposit (Refundable) - US $75000 US $75000 US $75000
SEBI Registration Fees* - - - INR 50000
SEBI annual clearing membership fees - INR 50000 INR 50000 INR 50000
Networth Requirements - US$ 7,50,000
(5 Crores INR)
US$ 15,00,000
(10 Crores INR)
US$ 15,00,000
(10 Crores INR)

*The applicant will also have to pay one time SEBI Registration fee of INR 50,000/- by Demand Draft in favour of "Securities & Exchange Board of India" at the time of application