ICICIDirect Vs Finvasia: Which one is better?

The brokerage of ICICIDirect Max 0.05 to .55% per trade while the brokerage of Finvasia ranges between Rs 0. ICICIDirect is a Full Service Broker where Finvasia 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 Finvasia 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 Finvasia'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 Finvasia on Service

  ICICIDirect Compare
ICICIDirect
Finvasia Compare
Finvasia
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, MCX,MCX-SX,NCDEX
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 ICICI Securities Pvt Ltd. Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e...Know more about Finvasia Securities
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 Finvasia. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare ICICIDirect vs Finvasia on Brokerage & Demat Account Opening Charges

  ICICIDirect Finvasia
Trading Account Opening Fees ICICIDirect vs Finvasia - Trading Account Opening Fees Free Free
Trading AMC ICICIDirect vs Finvasia - Trading Account AMC Free Free
Demat Account Opening Fees ICICIDirect vs Finvasia - Demat Account Opening Fees Free Rs 0 (Rs 199 for POA)
Demat AMC ICICIDirect vs Finvasia - Demat Account AMC Rs 600 PA (Waived for 1st year) Free
Provide DP Service ICICIDirect vs Finvasia - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Finvasia on Plan Options

  ICICIDirect Finvasia
Multiple Plans What is this parameter? Yes No
Monthly Plans ICICIDirect vs Finvasia - Monthly Brokerage Plan No No
Yearly Plans ICICIDirect vs Finvasia - Yearly Brokerage Plan No No
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Account Opening Request

Account Opening

  ICICIDirect Finvasia
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Finvasia on Brokerage Charges

  ICICIDirect Finvasia
Plan Name ICICIDirect vs Finvasia - I-Secure Trading Plan (Percentage Based) Zero Brokerage Trading Plan
Plan Description ICICIDirect vs Finvasia - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders. Free Trading - Zero Brokerage Plan
Equity Delivery ICICIDirect vs Finvasia - Cash Delivery Brokerage 0.55% or 55 paisa Free
Equity Intraday ICICIDirect vs Finvasia - Cash Intraday Brokerage 0.03% or 3 paisa Free
Equity Futures ICICIDirect vs Finvasia - F&O Segment - Futures Brokerage 0.05% or 5 paisa Free
Equity Options ICICIDirect vs Finvasia - F&O Segment - Options Brokerage Rs 95 Per Lot Free
Currency Futures ICICIDirect vs Finvasia - Currency Futures Trading Brokerage 0.05% or 5 paisa Free
Currency Options ICICIDirect vs Finvasia - Currency Options Trading Brokerage Rs 25 Per Lot Free
Commodity Trading ICICIDirect vs Finvasia - Commodity Trading Brokerage NA Free
Minimum Brokerage ICICIDirect vs Finvasia - Rs 35 per trade
Hidden Charges ICICIDirect vs Finvasia - Hidden Charges Yes No
Funding ICICIDirect vs Finvasia - Funding Interest Yes - 18% interest PA Yes, with 24% interest.
Call & Trade Charges ICICIDirect vs Finvasia - Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Finvasia
SPAN Margin Calculator SPAN Margin Calculator for ICICIDirect SPAN Margin Calculator for Finvasia
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Share Broker's Transaction Charges

Compare ICICIDirect vs Finvasia on Transaction Charges

  ICICIDirect Finvasia
Equity Delivery ICICIDirect vs Finvasia - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday ICICIDirect vs Finvasia - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures ICICIDirect vs Finvasia - Equity Futures Transaction Charges Rs 190 Per Cr Rs 190 Per Cr
Equity Options ICICIDirect vs Finvasia - Equity Options Transaction Charges Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures ICICIDirect vs Finvasia - Rs 100 Per Cr Rs 115 Per Cr
Currency Options ICICIDirect vs Finvasia - Rs 4000 Per Cr Rs 4000 Per Cr
Commodity ICICIDirect vs Finvasia - Commodity Transaction Charges NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for finvasia
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Account Features

Compare ICICIDirect vs Finvasia on Account Features

  ICICIDirect Finvasia
3 in 1 Account ICICIDirect vs Finvasia - Account Type? Yes, ICICI Securities Pvt Ltd. have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICI Securities Pvt Ltd. have 2-in-1 account. Only Demate and Trading account.
Charting ICICIDirect vs Finvasia - Advance Charting Yes Yes
Algo Trading ICICIDirect vs Finvasia - Algo Trading No Yes
SMS Alerts ICICIDirect vs Finvasia - SMS Alerts Yes No
Online Demo ICICIDirect vs Finvasia - Online Demo Yes Yes
Online Portfolio ICICIDirect vs Finvasia - Portfolio Service Yes Yes
Margin Trading Funding Available ICICIDirect vs Finvasia - Margin Funding Yes No
Combined Ledger for Equity and Commodity ICICIDirect vs Finvasia - Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time ICICIDirect vs Finvasia - Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading ICICIDirect vs Finvasia - NRI Trading Yes Yes
Other Features ICICIDirect vs Finvasia -
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Trading Platform

Compare ICICIDirect vs Finvasia on Trading Platform

  ICICIDirect Finvasia
Desktop Trading Platform ICICIDirect vs Finvasia - Trading terminal Trade Racer OMNESYS NEST
Desktop Demo ICICIDirect vs Finvasia - Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) ICICIDirect vs Finvasia - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) ICICIDirect vs Finvasia - MAC Trading Terminal Yes No
Web Trading Platform ICICIDirect vs Finvasia - Web Trading Platform Yes Yes
Web Trading Detail ICICIDirect vs Finvasia - Trading Website https://www.icicidirect.com https://trade.finvasia.com/
Web Trading Demo ICICIDirect vs Finvasia - Web Trading Demo Web Trading Demo Info Not Available
Mobile Site ICICIDirect vs Finvasia - Trading Site for Mobile Yes Yes
Mobile Trading ICICIDirect vs Finvasia - Mobile App Yes Yes
Mobile Trading App ICICIDirect vs Finvasia - Name Of Mobile App ICICI direct Mobile SCALPERT
Mobile Trading App Demo ICICIDirect vs Finvasia - Name Of Mobile App ICICI direct Mobile Demo SCALPERT Demo
Android Mobile App ICICIDirect vs Finvasia - Android Mobile App Yes Yes
Android App Download ICICIDirect vs Finvasia - Mobile App Download Andriod ICICI direct Mobile Download Andriod SCALPERT Download
iPhone Mobile App (IOS) ICICIDirect vs Finvasia - Yes No
iOS App Download ICICIDirect vs Finvasia - Mobile App Download iOS ICICI direct Mobile Download Info Not Available
Android Tablet App ICICIDirect vs Finvasia - Android Tablet App Yes Yes
iPad App (IOS) ICICIDirect vs Finvasia - Yes No
Trading Software Charges ICICIDirect vs Finvasia - Trading Software Charges Free Basic Tools are free, advance tools are chargable.
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Finvasia
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Finvasia
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Finvasia
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for finvasia

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Broker Ratings by Users

Compare ICICIDirect vs Finvasia on User Rating

  ICICIDirect Finvasia
  264 Customer Reviews    Rate ICICIDirect 5 Customer Reviews    Rate Finvasia
Fees Ratings 2.4 3.0
Trading Brokerage Rating 1.8 3.8
Trading Platform Usability 3.3 4.0
Customer Service Ratings 2.8 3.4
Overall Ratings Rated 2.5 stars Rated 3.6 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews Finvasia is Rated 3.6 / 5 based on 5 customer reviews
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Investment Offerings

Compare ICICIDirect vs Finvasia on Investment Offerings

  ICICIDirect Finvasia
Equity Cash and F&O ICICIDirect vs Finvasia - Equity and Equity derivatives Yes Yes
Currency Deravitives ICICIDirect vs Finvasia - Currency Trading Yes Yes
Commodity ICICIDirect vs Finvasia - Commodity Trading No Yes
Online IPO Application ICICIDirect vs Finvasia - Online IPO Investment Yes No
Mutual Funds ICICIDirect vs Finvasia - Online Mutual Funds Investment Yes Yes
Bond / NCD ICICIDirect vs Finvasia - Bonds and NCD Yes Yes
ETF ICICIDirect vs Finvasia - ETF Yes Yes
Banking ICICIDirect vs Finvasia - Banking Service Yes No
Insurance ICICIDirect vs Finvasia - Insurance Service Yes No
Forex ICICIDirect vs Finvasia - Forex Trading No No
MF SIP Investment ICICIDirect vs Finvasia - Mutual Fund SIP Yes Yes
Equity SIP Investment ICICIDirect vs Finvasia - Equity SIP Yes No
PMS Service ICICIDirect vs Finvasia - Portfolio Management Services (PMS) Yes No
Algo Trading ICICIDirect vs Finvasia - Algo Trading Yes Yes
Other Investment Options ICICIDirect vs Finvasia -
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Order Types

Compare ICICIDirect vs Finvasia on Order Types

  ICICIDirect Finvasia
CNC Ordre ICICIDirect vs Finvasia - CNC Order Yes Yes
MIS Ordre ICICIDirect vs Finvasia - MIS Order Yes Yes
NRML Ordre ICICIDirect vs Finvasia - NRML Order Yes Yes
Cover Ordre ICICIDirect vs Finvasia - Cover Order Yes Yes
Bracket Ordre ICICIDirect vs Finvasia - Bracket Order No Yes
AMO-After Market Orders ICICIDirect vs Finvasia - After market Orders Yes Yes
GTC-Good Till Cancelled ICICIDirect vs Finvasia - GTC Orders Yes No
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Margin/Leverage

Compare ICICIDirect vs Finvasia on Margin/Leverage

  ICICIDirect Finvasia
Equity Delivery Margin ICICIDirect vs Finvasia - Equity Delivery Margin No Delivery margin. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin ICICIDirect vs Finvasia - Equity Intraday Margin Upto 5x leverage for equity. Up to 10x leverage for equity.
Futures Margin ICICIDirect vs Finvasia - Futures Margin Upto 2x leverage for futures. Up to 2x leverage (of NRML Margin) for futures.
Options Margin ICICIDirect vs Finvasia - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. No leverage on options buying and selling.
Equity CO Margin ICICIDirect vs Finvasia - Equity CO Margin Upto 25x margin/leverage in CO order for selected equity scripts. Info Not Available
Futures CO Margin ICICIDirect vs Finvasia - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts. Info Not Available
Options CO Margin ICICIDirect vs Finvasia - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Info Not Available
Commodity Margin ICICIDirect vs Finvasia - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare ICICIDirect vs Finvasia on Customer Service

  ICICIDirect Finvasia
24/7 Customer Service ICICIDirect vs Finvasia - 24x7 customer support No No
Email Support ICICIDirect vs Finvasia - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Finvasia - Onine Live Chat No Yes
Phone Support ICICIDirect vs Finvasia - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Finvasia - Toll Free Number No No
Through Branches ICICIDirect vs Finvasia - Through Branches Yes No
Customer Care Number ICICIDirect vs Finvasia - Customer Care Number 33551122 +911726670000/+911724770000/+919779097777
Account Opening Process ICICIDirect vs Finvasia - Account Opening Process Offline Online/Paperless
Customer Support Email ICICIDirect vs Finvasia - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Finvasia - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp Info Not Available
Head Office Address ICICIDirect vs Finvasia - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai 400020
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Website ICICIDirect vs Finvasia - Company Website https://www.icicidirect.com https://www.finvasia.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Finvasia on Research Reports, Tips

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

Compare ICICIDirect vs Finvasia on Demat Account

  ICICIDirect Finvasia
DP Source CDSL CDSL
DP ID ICICIDirect vs Finvasia - DP ID 14300 84300
Demat Account Annual Maintenance Charges(AMC) Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a. Retail Clients- Rs. 0 BSDA Clients -Rs. 0 AMC for Corporates : Rs 999 PA
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Rs 0
Statutory charges Stamp Duty at actuals Rs 0
Transaction Charges on Debit (Per ISIN) For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-) Retail Clients- Rs. 09 BSDA Clients -Rs. 19 Corporate Clients- Rs. 25
Demat Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates Retail clients : -Rs. 15 (Per Certificate) Corporate clients : Rs 40(Per Certificate)
Remat Rs. 30 + CDSL actuals Retail clients : Rs. 15 (PER ISIN for 100 shares) Corporate clients : Rs. 40 ((PER ISIN for 100 shares)
Pledge Creation 0.03 % or minimum of Rs. 50/- Retail Clients- Rs. 25 +CDSL Charges BSDA Clients -Rs. 25 +CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges
Pledge Creation Confirmation 0.03 % or minimum of Rs. 50/- NIL
Pledge Closure 0.03 % or minimum of Rs. 50/- Retail Clients- Rs. 25 + CDSL Charges BSDA Clients -Rs. 25 + CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges
Pledge Closure Confirmation 0.03 % or minimum of Rs. 50/- NIL
Pledge Invocation 0.03 % or minimum of Rs. 50/- Retail Clients- Rs.19 BSDA Clients -Rs.19 Corporate Clients - Rs.30
Failed Instruction Charges Rejection/Fails Rs.30/- Retail Clients- Rs. 49 BSDA Clients -Rs. 49 Corporate Clients - Rs. 49
Other Charges a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges. 1.Modification in CML - Retail Clients- Rs. 19 BSDA Clients -Rs. 19 2. Demat closure account Retail &Corporate Clients- Rs. 0 BSDA Clients -Rs. 0 3.POA services Retail & Corporate Clients- Rs. 199 (one time) BSDA Clients -Rs. 199(one time ) 4.Delay payment charges @2% per month on T+2 days would be charged for debit/shortage in payin/margin default, as per exchange requirements

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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Finvasia on Special Offers and Promotion

  ICICIDirect Finvasia
Pay In and Pay Out Options ICICIDirect vs Finvasia - 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 funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time ICICIDirect vs Finvasia - Payout Time Instance to ICICI Bank. Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges ICICIDirect vs Finvasia - Bank Supported and Charges Info Not Available Around 20+ banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Finvasia trading platforms.
Bank Detail Direct from your ICICI bank account. FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
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...

  • Choice of trading platforms including in-house built Scalpert.
  • Zero brokerage charges for trading across all segments.
  • NRI services available.
  • Portfolio Management Service for HNIs.
  • Research on markets and guidance available.
  • Offer proprietary trading services.

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...

  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

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+Free Demat AMC+Free Trading.
Enquire about ICICIDirect Enquire about Finvasia






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