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ICICIDirect Vs Compositedge: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of ICICIDirect Max Rs. 20 per trade while the brokerage of Compositedge ranges between Rs 18. ICICIDirect is a Full Service Broker where Compositedge is a Discount Broker. ICICIDirect is having overall higher rating compare to Compositedge. ICICIDirect is rated 4 out of 5 where Compositedge is rated only 3.5 out of 5. Number of active customer for ICICIDirect is 18,69,925 where number of active customer for Compositedge is 1,961. ICICIDirect is serving more customer compare to Compositedge.

Here we present side-by-side comparison of ICICIDirect vs Compositedge share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ICICIDirect vs Compositedge's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of ICICIDirect vs Compositedge share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared ICICIDirect vs Compositedge's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare ICICIDirect vs Compositedge on Service

  ICICIDirect Compare
ICICIDirect
Compositedge Compare
Compositedge
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE, MCX
Active Clients 18,69,925 1,961
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect Composite Investments Pvt. Ltd. with centralized operations in Banglore, is a highly credible name with a presence of more than 18 years in the Indian financial markets. The broker provides online share trading services to buy & sell stocks, futu...Know more about Compositedge
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare ICICIDirect vs Compositedge on Trading & Demat Account Opening Charges

Comparison of ICICIDirect with Compositedge on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where Compositedge charges Rs 500 for account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum AMC for Demat account where Compositedge charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with Compositedge
Charges ICICIDirect Compositedge
Trading Account Opening Fees Free Rs 500
Trading AMC Free Free
Demat Account Opening Fees Free Rs 100
Demat AMC Rs 300 per annum Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Compositedge on Plan Options

Plans are the most important feature you look when compare ICICIDirect with Compositedge. This section compare on high level about type of plans offered by brokers. Multiple Plans - ICICIDirect provide Multiple Plans where Compositedge doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare ICICIDirect with Compositedge on Plan Options
Plan Types ICICIDirect Compositedge
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Compositedge on Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Compositedge Brokerage Plan detail - Compositedge flat rate brokerage plan offer first 1000 trader @Rs18 per trade in equity, commodities, futures and option segment, From 1001 onwards its @Rs15 Per trade.

Brokerage Charges - Compare ICICIDirect with Compositedge
Brokerage Charges Compare ICICIDirect Compositedge
Plan Name NEO Flat Discount Brokerage Plan Max Rs 15 Per Order Trading Plan
Equity Delivery 0.55% 0.06% or Rs 15 whichever is lower
Equity Intraday Flat Rs. 20 per order 0.006 % or Rs 15 whichever is lower
Equity Futures Free (Rs. 0 brokerage) 0.006 % or Rs 15 whichever is lower
Equity Options Flat Rs. 20 per order Flat Fee Rs 15
Currency Futures Flat Rs. 20 per order 0.006 % or Rs 15 whichever is lower
Currency Options Flat Rs. 20 per order Flat Fee Rs 15
Commodity Trading Flat Rs. 20 per order Flat Fee Rs 15
Minimum Brokerage Rs 35 per trade NIL
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges First 20 call free and Rs 25 there onwards. NA
Auto Square off Charges First 20 call free and Rs 25 there onwards. NA
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Compositedge
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Share Broker's Transaction Charges

Compare ICICIDirect vs Compositedge on Transaction Charges

Compare ICICIDirect with Compositedge on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect with Compositedge
Transaction Charges Compare ICICIDirect Compositedge
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for compositedge
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Account Features

Compare ICICIDirect vs Compositedge on Account Features

Compare ICICIDirect with Compositedge on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where Compositedge offers only 2-in-1 account which includes trading and demat account. Algo Trading - Compositedge offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - ICICIDirect offers a margin funding where Compositedge doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - ICICIDirect with Compositedge
Account Features Compare ICICIDirect Compositedge
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes No
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare ICICIDirect vs Compositedge on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and Compositedge. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare ICICIDirect with Compositedge
Trading Platform Compare ICICIDirect Compositedge
Desktop Trading Platform Trade Racer NSE NOW - The trader workstation
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.com http://www.nowonline.in/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile NSE NOW
Mobile Trading App Demo ICICI direct Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod NSE NOW Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS NSE NOW Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Compositedge
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Compositedge
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Compositedge
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for compositedge

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Broker Ratings by Users

Compare ICICIDirect vs Compositedge on User Rating

  ICICIDirect Compositedge
  267 Customer Reviews    Rate ICICIDirect 13 Customer Reviews    Rate Compositedge
Fees Ratings 2.4 4.1
Trading Brokerage Rating 1.8 4.7
Trading Platform Usability 3.3 4.1
Customer Service Ratings 2.9 4.4
Overall Ratings 2.5 4.3
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Compositedge is Rated 4.3 / 5 based on 13 customer reviews
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Investment Offerings

Compare ICICIDirect vs Compositedge on Investment Offerings

Compare ICICIDirect with Compositedge on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Compositedge offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - ICICIDirect offers online mutual fund investment option where Compositedge doesn't offer. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Compositedge doesn't offer

Investment Offerings - Compare ICICIDirect with Compositedge
Investment Offerings Compare ICICIDirect Compositedge
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare ICICIDirect vs Compositedge on Order Types

Order Type - Compare ICICIDirect with Compositedge on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - ICICIDirect provide Cover Orders (CO) where Compositedge doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- ICICIDirect offers After Market Orders where Compositedge doesn't offers AMO. GTC Orders- ICICIDirect offers Good Till Cancelled (GTC) orders where Compositedge doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare ICICIDirect with Compositedge
Order Type Compare ICICIDirect Compositedge
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare ICICIDirect vs Compositedge on Customer Service

Compare ICICIDirect with Compositedge on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare ICICIDirect with Compositedge
Customer Service Compare ICICIDirect Compositedge
24/7 Customer Service ICICIDirect vs Compositedge - 24x7 customer support No No
Email Support ICICIDirect vs Compositedge - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Compositedge - Onine Live Chat No Yes
Phone Support ICICIDirect vs Compositedge - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Compositedge - Toll Free Number No No
Through Branches ICICIDirect vs Compositedge - Through Branches Yes No
Customer Care Number ICICIDirect vs Compositedge - Customer Care Number 1860 123 1122 Info Not Available
Account Opening Process ICICIDirect vs Compositedge - Account Opening Process Online Info Not Available
Customer Support Email ICICIDirect vs Compositedge - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education ICICIDirect vs Compositedge - Knowledge Center/Education https://www.icicidirect.com/knowledge-center Info Not Available
Head Office Address ICICIDirect vs Compositedge - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Info Not Available
Website ICICIDirect vs Compositedge - Company Website https://www.icicidirect.com Info Not Available
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Tips/Research/Reports Published

Compare ICICIDirect vs Compositedge on Research Reports, Tips

Compare ICICIDirect with Compositedge on research reports and tips provided by the broker.

Research Reports - Compare ICICIDirect with Compositedge
  ICICIDirect Compositedge
Research Mutual Funds ICICIDirect vs Compositedge - Research Mutual Funds Yes No
Research Equity Reports ICICIDirect vs Compositedge - Research Equity Reports Yes No
Research ETF ICICIDirect vs Compositedge - Research ETF Yes No
Daily Market Report ICICIDirect vs Compositedge - Daily Market Report Yes No
Free Tips ICICIDirect vs Compositedge - Free Tips Yes No
Quarterly Result Analysis ICICIDirect vs Compositedge - Quarterly Results Yes No
News Alerts ICICIDirect vs Compositedge - Yes No
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Demat Account

Compare ICICIDirect vs Compositedge on Demat Account

Compare ICICIDirect with Compositedge on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Compositedge is Monthly Charges - ₹25 where for ICICIDirect is ₹700 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for ICICIDirect is 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) where for Compositedge is 0.04% of the transaction value or ₹8 whichever is higher.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect with Compositedge
  ICICIDirect Compositedge
DP Source CDSL CDSL
DP ID ICICIDirect vs Compositedge - DP ID 14300 No
Demat Account Annual Maintenance Charges(AMC) ₹700 pa Monthly Charges - ₹25
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL
Statutory charges Nil ₹50 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.04% of the transaction value or ₹8 whichever is higher
Demat ₹50 per set up ₹2 + courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹10 for every hundred securities or ₹10 per certificate (whichever is higher) + CDSL charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹20 + ₹12 request charges
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹20 + ₹12 request charges
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹20
Failed Instruction Charges ₹30 per transaction ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Compositedge on Special Offers and Promotion

Compare ICICIDirect with Compositedge on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Compositedge on Special Offers and Promotion
  ICICIDirect Compositedge
Pay In and Pay Out Options ICICIDirect vs Compositedge - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time ICICIDirect vs Compositedge - Payout Time Instant to ICICI Bank. Info Not Available
Bank Supported and Charges ICICIDirect vs Compositedge - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your ICICI bank account. Info Not Available
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

Minimum brokerage charged; not suited for penny stock traders; other hidden charges.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:34:26+00:00