I will be negotiating with them hard and recently i am told it will be 0.02% not below that and i am surprised that brokerage can be so low too. I am just paying crazy amount of money to these idiots.
on a serious note, these high cost brokers providing you some facilities like shortage in MTM etc, with discount brokers you must have full margin + mtm, and some of these charge 20rs for call & trade facility.