The brokerage of ICICIDirect Max 0.05 to .55% per trade while the brokerage of 5paisa ranges between Rs 20. 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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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, innovative offerings, and strong customer service. From advisory services to research, active trading...||5paisa Capital Ltd, a full-service discount broker offers online trading across equity, F&O, commodity, currency, and other segments at a flat-fee brokerage of Rs. 20/order.|
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 Account Opening Fees||Free||Rs 650 (Free Now Promotion Offer)|
|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|
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.
|Account Opening Request|
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 20 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||5paisa|
|Plan Name||I-Secure Trading Plan (Percentage Based)||Flat Fee Rs 20 Trading Plan|
|Equity Delivery||0.55% or 55 paisa||Flat Fee Rs 20|
|Equity Intraday||0.03% or 3 paisa||Flat Fee Rs 20|
|Equity Futures||0.05% or 5 paisa||Flat Fee Rs 20|
|Equity Options||Rs 95 Per Lot||Flat Fee Rs 20|
|Currency Futures||0.05% or 5 paisa||Flat Fee Rs 20|
|Currency Options||Rs 25 Per Lot||Flat Fee Rs 20|
|Commodity Trading||NA||Flat Fee Rs 20|
|Minimum Brokerage||Rs 35 per trade||NA|
|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|
Compare ICICIDirect with 5paisa on transaction charges and PCM fee by segment.
|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|
|Brokerage Charges||Complete Brokerage Plans for icicidirect||Complete Brokerage Plans for 5paisa|
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 Compare||ICICIDirect||5paisa|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
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||5paisa|
|Desktop Trading Platform||Trade Racer||5paisaTradeStation|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://www.5paisa.com/online-trading|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||5paisa Mobile App|
|Mobile Trading App Demo||ICICI direct Mobile Demo||5paisa Mobile App Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod 5paisa Mobile App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS 5paisa Mobile App Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|265 Customer Reviews||26 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 265 customer reviews||5paisa is Rated 3.2 / 5 based on 26 customer reviews|
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||5paisa|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||ICICIDirect||5paisa|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||ICICIDirect||5paisa|
|Equity Delivery Margin||No Delivery margin.||up to 4x on equity delivery with 5paisa.|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 3x-15x leverage for equity MIS.|
|Futures Margin||1x means actual SPAN + Exposure.||Up to 3.5x leverage for futures. Up to 5x for Platinum & Titanium Plan.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Up to 3.5x Exposure for Options shorting, No leverage for option buying. Up to 5x on normal days, 10x on expiry days for Platinum & Titanium Users on Options Short.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Info Not Available|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||Info Not Available|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||Info Not Available|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Up to 2x exposure for current and near month expiry.|
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 Service Compare||ICICIDirect||5paisa|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||"+91 89766 89766"|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Compare ICICIDirect with 5paisa on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with 5paisa on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)||₹12.50 + 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|
Compare ICICIDirect with 5paisa on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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||Instant to ICICI Bank.||Max 24 hrs except bank holidays|
|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,
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|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 2019-11-19T02:45:59+00:00