Compare 3 Brokers

ICICIDirect Vs 5paisa: Which one is better?

The brokerage of ICICIDirect Max 0.05 to .55% per trade while the brokerage of 5paisa ranges between Rs 10. ICICIDirect is a Full Service Broker where 5paisa is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs 5paisa 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 5paisa'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.

Compare ICICIDirect vs 5paisa on Service

  ICICIDirect Compare
ICICIDirect
5paisa Compare
5paisa
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? BSE, NSE BSE, NSE
Broker Overview ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove... Know more about ICICIDirect 5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer...Know more about 5paisa
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare ICICIDirect vs 5paisa on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect with 5paisa on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where 5paisa charges Rs 650 (Free Now Promotion Offer) for account opeing. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where 5paisa charges Rs 45 PM if Trade, else Zero AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with 5paisa
Charges ICICIDirect 5paisa
Trading Account Opening Fees Free Rs 650 (Free Now Promotion Offer)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA (Waived for 1st year) Rs 45 PM if Trade, else Zero
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs 5paisa on Plan Options

Plans are the most important feature you look when compare ICICIDirect with 5paisa. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect provide Multiple Plans where 5paisa doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare ICICIDirect with 5paisa on Plan Options
Plan Types ICICIDirect 5paisa
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  ICICIDirect 5paisa
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs 5paisa on Brokerage Charges

ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 10 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Brokerage Charges - Compare ICICIDirect with 5paisa
Brokerage Charges Compare ICICIDirect 5paisa
Plan Name I-Secure Trading Plan (Percentage Based) Flat Fee Rs 10 Trading Plan
Equity Delivery 0.55% or 55 paisa Flat Fee Rs 10
Equity Intraday 0.03% or 3 paisa Flat Fee Rs 10
Equity Futures 0.05% or 5 paisa Flat Fee Rs 10
Equity Options Rs 95 Per Lot Flat Fee Rs 10
Currency Futures 0.05% or 5 paisa Flat Fee Rs 10
Currency Options Rs 25 Per Lot Flat Fee Rs 10
Commodity Trading NA Flat Fee Rs 10
Minimum Brokerage Rs 35 per trade NA
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 100 per call(No limit of orders)
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for 5paisa
SPAN Margin Calculator SPAN Margin Calculator for ICICIDirect SPAN Margin Calculator for 5paisa
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Share Broker's Transaction Charges

Compare ICICIDirect vs 5paisa on Transaction Charges

Compare ICICIDirect with 5paisa on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect with 5paisa
Transaction Charges Compare ICICIDirect 5paisa
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 100 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for 5paisa
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Account Features

Compare ICICIDirect vs 5paisa on Account Features

Compare ICICIDirect with 5paisa 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 5paisa offers only 2-in-1 account which includes trading and demat account. Algo Trading - 5paisa offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - ICICIDirect offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - ICICIDirect with 5paisa
Account Features Compare ICICIDirect 5paisa
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 Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare ICICIDirect vs 5paisa on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and 5paisa. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare ICICIDirect with 5paisa
Trading Platform Compare ICICIDirect 5paisa
Desktop Trading Platform Trade Racer 5paisaTradeStation
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.com https://www.5paisa.com/online-trading
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile 5paisa Mobile App
Mobile Trading App Demo ICICI direct Mobile Demo 5paisa Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod 5paisa Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS 5paisa Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for 5paisa
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for 5paisa
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for 5paisa
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for 5paisa

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Broker Ratings by Users

Compare ICICIDirect vs 5paisa on User Rating

  ICICIDirect 5paisa
  264 Customer Reviews    Rate ICICIDirect 22 Customer Reviews    Rate 5paisa
Fees Ratings 2.4 3.3
Trading Brokerage Rating 1.8 4.0
Trading Platform Usability 3.3 3.5
Customer Service Ratings 2.8 2.9
Overall Ratings Rated 2.5 stars Rated 3.4 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews 5paisa is Rated 3.4 / 5 based on 22 customer reviews
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Investment Offerings

Compare ICICIDirect vs 5paisa on Investment Offerings

Compare ICICIDirect with 5paisa 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - 5paisa offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where 5paisa doesn't offer

Investment Offerings - Compare ICICIDirect with 5paisa
Investment Offerings Compare ICICIDirect 5paisa
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare ICICIDirect vs 5paisa on Order Types

Order Type - Compare ICICIDirect with 5paisa on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. 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) - 5paisa provides Bracket Orders (BO) where ICICIDirect doesn't offer.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)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare ICICIDirect with 5paisa
Order Type Compare ICICIDirect 5paisa
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare ICICIDirect vs 5paisa on Margin/Leverage

Comapre ICICIDirect with 5paisa on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare ICICIDirect with 5paisa
Margin Product Compare ICICIDirect 5paisa
Equity Delivery Margin ICICIDirect vs 5paisa - Equity Delivery Margin No Delivery margin. Up to 3.5x via Margin Funding.
Equity Intraday Margin ICICIDirect vs 5paisa - Equity Intraday Margin Upto 5x leverage for equity. Up to 20x leverage for equity.
Futures Margin ICICIDirect vs 5paisa - Futures Margin Upto 2x leverage for futures. Up to 3x leverage (of NRML Margin) for futures.
Options Margin ICICIDirect vs 5paisa - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying.
Equity CO Margin ICICIDirect vs 5paisa - Equity CO Margin Upto 25x margin/leverage in CO order for selected equity scripts. Up to 33x margin/leverage in CO order for selected equity scripts.
Futures CO Margin ICICIDirect vs 5paisa - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts. Up to 33x margin/leverage (of complete order) in CO order for futures contracts.
Options CO Margin ICICIDirect vs 5paisa - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Info Not Available
Commodity Margin ICICIDirect vs 5paisa - Commodity Margin Info Not Available Up to 20x leverage for commodity.
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Customer Service Offered

Compare ICICIDirect vs 5paisa on Customer Service

Compare ICICIDirect with 5paisa on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ICICIDirect with 5paisa
Customer Service Compare ICICIDirect 5paisa
24/7 Customer Service ICICIDirect vs 5paisa - 24x7 customer support No No
Email Support ICICIDirect vs 5paisa - Email Support Yes Yes
Onine Live Chat ICICIDirect vs 5paisa - Onine Live Chat No No
Phone Support ICICIDirect vs 5paisa - Phone Support Yes Yes
Toll Free Number ICICIDirect vs 5paisa - Toll Free Number No No
Through Branches ICICIDirect vs 5paisa - Through Branches Yes No
Customer Care Number ICICIDirect vs 5paisa - Customer Care Number 33551122 "+91 89766 89766"
Account Opening Process ICICIDirect vs 5paisa - Account Opening Process Offline Online/Paperless
Customer Support Email ICICIDirect vs 5paisa - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs 5paisa - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp https://www.5paisa.com/knowledge-centre
Head Office Address ICICIDirect vs 5paisa - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai 400020
5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Website ICICIDirect vs 5paisa - Company Website https://www.icicidirect.com https://www.5paisa.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs 5paisa on Research Reports, Tips

Compare ICICIDirect with 5paisa on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect with 5paisa
  ICICIDirect 5paisa
Research Mutual Funds ICICIDirect vs 5paisa - Research Mutual Funds Yes Yes
Research Equity Reports ICICIDirect vs 5paisa - Research Equity Reports Yes Yes
Research ETF ICICIDirect vs 5paisa - Research ETF Yes No
Daily Market Report ICICIDirect vs 5paisa - Daily Market Report Yes Yes
Free Tips ICICIDirect vs 5paisa - Free Tips Yes Yes
Quarterly Result Analysis ICICIDirect vs 5paisa - Quarterly Results Yes No
News Alerts ICICIDirect vs 5paisa - Yes Yes
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Demat Account

Compare ICICIDirect vs 5paisa on Demat Account

Compare ICICIDirect with 5paisa on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect with 5paisa
  ICICIDirect 5paisa
DP Source CDSL CDSL
DP ID ICICIDirect vs 5paisa - DP ID 14300 82500
Demat Account Annual Maintenance Charges(AMC) ₹700 pa Monthly Plan - ₹45 (In case of any transaction in a month)
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.025% or ₹25 whichever is higher + CDSL charges
Demat ₹50 per set up ₹15 per certificate
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹15 for every hundred securities or ₹15 per certificate whichever is higher
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹50
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) NIL
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) NIL
Failed Instruction Charges ₹30 per transaction Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs 5paisa on Special Offers and Promotion

Compare ICICIDirect with 5paisa on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs 5paisa on Special Offers and Promotion
  ICICIDirect 5paisa
Pay In and Pay Out Options ICICIDirect vs 5paisa - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time ICICIDirect vs 5paisa - Payout Time Instant to ICICI Bank. Max 24 hrs except bank holidays
Bank Supported and Charges ICICIDirect vs 5paisa - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.
Bank Detail Direct from your ICICI bank account. 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • 3-in-1 online trading account.
  • Rich research offering.
  • 24/7 customer service.
  • Easy-to-use website.
  • Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  • Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.

Detail Review...

  • Flat fee discount broker but services like full service broker.
  • Trading facility in Equity, Future & Options and Currency segments.
  • Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  • Single mobile app for Trading, IPO, Mutual Funds and Insurance.
  • Online trading account and online mutual fund investment.

Detail Review...

Dislikes
  • Minimum brokerage charges.
  • No commodity trading.
  • High brokerage.
  • Not a good fit for small and penny stock traders.
  • Charges for trading terminal usage.

Detail Review...

  • No branches.
  • Lack of monthly and yearly plans for trading.
  • Call and Trade charges are very high.

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. Free Account Opening, Save Rs 650 on your account opening. This is a limited time promotional offer.
Enquiry Enquire about ICICIDirect Enquire about 5paisa

Last Updated on 2019-07-08T23:24:28+00:00







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