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ICICIDirect Vs : Which one is better?

Both the brokers are registered with SEBI. ICICIDirect offers investmenet in Equity, F&O, Currency and Commodities, where offers investment in Equity, F&O and Currency only. Number of active customer for ICICIDirect is 18,69,925 where number of active customer for is . ICICIDirect is serving more customer compare to .

Here we present side-by-side comparison of ICICIDirect vs 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 '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 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 '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 on Service

  ICICIDirect Compare
ICICIDirect
 Compare
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX
Active Clients 18,69,925
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
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare ICICIDirect vs on Trading & Demat Account Opening Charges

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

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

Compare ICICIDirect vs on Plan Options

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

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

Account Opening

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Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs 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.

Brokerage Plan detail -

Brokerage Charges - Compare ICICIDirect with
Brokerage Charges Compare ICICIDirect
Plan Name NEO Flat Discount Brokerage Plan
Equity Delivery 0.55%
Equity Intraday Flat Rs. 20 per order
Equity Futures Free (Rs. 0 brokerage)
Equity Options Flat Rs. 20 per order
Currency Futures Flat Rs. 20 per order
Currency Options Flat Rs. 20 per order
Commodity Trading Flat Rs. 20 per order
Minimum Brokerage Rs 35 per trade NIL
Hidden Charges Yes
Funding Yes - 18% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards.
Auto Square off Charges First 20 call free and Rs 25 there onwards.
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for
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Share Broker's Transaction Charges

Compare ICICIDirect vs on Transaction Charges

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

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

Compare ICICIDirect vs on Account Features

Compare ICICIDirect with 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 offers only 2-in-1 account which includes trading and demat account. Algo Trading - offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - ICICIDirect offers a margin funding where doesn't offers margin funding. NRI Trading - ICICIDirect offers NRI where doesn't offers NRI Trading.

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

Compare ICICIDirect vs on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and . 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
Trading Platform Compare ICICIDirect
Desktop Trading Platform Trade Racer
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes
Desktop Platform (Mac) Yes
Web Trading Platform Yes
Web Trading Detail https://www.icicidirect.com
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes
Mobile Trading Yes
Mobile Trading App ICICI direct Mobile
Mobile Trading App Demo ICICI direct Mobile Demo Demo
Android Mobile App Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Download
iPhone Mobile App (IOS) Yes
iOS App Download iOS ICICI direct Mobile Download iOS Download
Android Tablet App Yes
iPad App (IOS) Yes
Trading Software Charges Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for

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Broker Ratings by Users

Compare ICICIDirect vs on User Rating

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

Compare ICICIDirect vs on Investment Offerings

Compare ICICIDirect with 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 - Both broker don't offers Commodity Trading (MCX). Online Mutual Fund Investment - ICICIDirect offers online mutual fund investment option where doesn't offer. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where doesn't offer

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

Compare ICICIDirect vs on Order Types

Order Type - Compare ICICIDirect with 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 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 doesn't offers AMO. GTC Orders- ICICIDirect offers Good Till Cancelled (GTC) orders where doesn't support Good Till Cancelled (GTC) orders.

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

Compare ICICIDirect vs on Customer Service

Compare ICICIDirect with 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
Customer Service Compare ICICIDirect
24/7 Customer Service ICICIDirect vs  - 24x7 customer support No
Email Support ICICIDirect vs  - Email Support Yes
Onine Live Chat ICICIDirect vs  - Onine Live Chat No
Phone Support ICICIDirect vs  - Phone Support Yes
Toll Free Number ICICIDirect vs  - Toll Free Number No
Through Branches ICICIDirect vs  - Through Branches Yes
Customer Care Number ICICIDirect vs  - Customer Care Number 1860 123 1122
Account Opening Process ICICIDirect vs  - Account Opening Process Online
Customer Support Email ICICIDirect vs  - Customer Support Email [email protected]
Knowledge Center/Education ICICIDirect vs  - Knowledge Center/Education https://www.icicidirect.com/knowledge-center
Head Office Address ICICIDirect vs  - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Website ICICIDirect vs  - Company Website https://www.icicidirect.com
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Tips/Research/Reports Published

Compare ICICIDirect vs on Research Reports, Tips

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

Research Reports - Compare ICICIDirect with
  ICICIDirect
Research Mutual Funds ICICIDirect vs  - Research Mutual Funds Yes
Research Equity Reports ICICIDirect vs  - Research Equity Reports Yes
Research ETF ICICIDirect vs  - Research ETF Yes
Daily Market Report ICICIDirect vs  - Daily Market Report Yes
Free Tips ICICIDirect vs  - Free Tips Yes
Quarterly Result Analysis ICICIDirect vs  - Quarterly Results Yes
News Alerts ICICIDirect vs  - Yes
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Demat Account

Compare ICICIDirect vs on Demat Account

Compare ICICIDirect with 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 is 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 is .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
  ICICIDirect
DP Source CDSL
DP ID ICICIDirect vs  - DP ID 14300
Demat Account Annual Maintenance Charges(AMC) ₹700 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account
Statutory charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)
Demat ₹50 per set up
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000)
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000)
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000)
Failed Instruction Charges ₹30 per transaction
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs on Special Offers and Promotion

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

Compare ICICIDirect vs on Special Offers and Promotion
  ICICIDirect
Pay In and Pay Out Options ICICIDirect vs  - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time ICICIDirect vs  - Payout Time Instant to ICICI Bank.
Bank Supported and Charges ICICIDirect vs  - Bank Supported and Charges Info Not Available
Bank Detail Direct from your ICICI bank account.
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...

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