The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of Indira Securities ranges between Rs 20. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.
Here we present side-by-side comparison of ICICIDirect vs Indira Securities 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 Indira Securities'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 Indira Securities 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 Indira Securities's on
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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE||BSE, NSE, MCX|
|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...||Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service...|
Comparison of ICICIDirect with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where Indira Securities charges Rs 450 PA (2nd Year Onward) AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA (Waived for 1st year)||Rs 450 PA (2nd Year Onward)|
|Provide DP Service|
Plans are the most important feature you look when compare ICICIDirect with Indira Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||ICICIDirect||Indira Securities|
|Account Opening Request|
ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.
Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.
|Brokerage Charges Compare||ICICIDirect||Indira Securities|
|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|
|Hidden Charges||Yes||Info Not Available|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||First 20 call free and Rs 25 there onwards.||Free|
|Brokerage Calculator||Brokerage Calculator for ICICIDirect||Brokerage Calculator for Indira Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for ICICIDirect||SPAN Margin Calculator for Indira Securities|
Compare ICICIDirect with Indira Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||ICICIDirect||Indira Securities|
|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 120 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 500 Per Cr|
|Commodity||NA||Non-Agri Rs 260| Agri Rs 600 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for icicidirect||Complete Brokerage Plans for indira-securities|
Compare ICICIDirect with Indira Securities 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 Indira Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Indira Securities offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||ICICIDirect||Indira Securities|
|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 Indira Securities. 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||Indira Securities|
|Desktop Trading Platform||Trade Racer||ODIN Diet|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://www.indiratrade.com/trade-online|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||TradeInsta|
|Mobile Trading App Demo||ICICI direct Mobile Demo||TradeInsta Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod TradeInsta Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS TradeInsta 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 Indira Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for ICICIDirect||Futures Brokerage Calculator for Indira Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for ICICIDirect||Options Brokerage Calculator for Indira Securities|
|Detail||Detail on Trading Platforms for icicidirect||Detail on Trading Platforms for indira-securities|
|265 Customer Reviews||1 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 265 customer reviews||Indira Securities is Rated 3.0 / 5 based on 1 customer reviews|
Compare ICICIDirect with Indira Securities 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 - Indira Securities offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Indira Securities doesn't offer
|Investment Offerings Compare||ICICIDirect||Indira Securities|
|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 Indira Securities 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Indira Securities 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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
|Order Type Compare||ICICIDirect||Indira Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare ICICIDirect with Indira Securities on Exposure/Margin offered by the 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||Indira Securities|
|Equity Delivery Margin||No Delivery margin.||No Margin/Leverage for Equity Delivery.|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 3x to 10x leverage for equity MIS orders.|
|Futures Margin||1x means actual SPAN + Exposure.||Up to 4x leverage for Stocks.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Up to 3x exposure for Options shorting, No leverage for Options Buying.|
|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 4x leverage for MCX futures.|
Compare ICICIDirect with Indira Securities 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 Service Compare||ICICIDirect||Indira Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||022-66224202,204|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
Compare ICICIDirect with Indira Securities on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with Indira Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹700 pa||₹450 pa (Second year onwards)|
|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)||₹20 or 0.02% whichever is higher|
|Demat||₹50 per set up||₹5 per certificate + ₹35 courier charges|
|Remat||₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction||₹50 per RRN|
|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)||₹50|
|Pledge Closure Confirmation||0.02% (Min ₹35 and Max ₹25,000)||Nil|
|Pledge Invocation||0.02% (Min ₹35 and Max ₹25,000)||₹50 or 0.02% whichever is higher|
|Failed Instruction Charges||₹30 per transaction||₹25|
|Other Charges||Nil||Book Charges ₹20,POA Charges ₹130|
Compare ICICIDirect with Indira Securities on the general features, advantages, disadvantages, payout 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 funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.
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 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).
|Bank Detail||Direct from your ICICI bank account.||HDFC Bank
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
|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.||Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.|
|Enquiry||Enquire about ICICIDirect||Enquire about Indira Securities|
Last Updated on 2020-12-15T03:51:08+00:00