Compare 3 Brokers

ICICIDirect Vs Sharekhan: Which one is better?

The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of Sharekhan ranges between 0.1 to 0.5%. 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 Sharekhan 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 Sharekhan'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 Sharekhan on Service

  ICICIDirect Compare
ICICIDirect
Sharekhan Compare
Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX, NCDEX, NSEL
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 Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ...Know more about Sharekhan
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 Sharekhan. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare ICICIDirect vs Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect with Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with Sharekhan
Charges ICICIDirect Sharekhan
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA (Waived for 1st year) Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Sharekhan on Plan Options

Plans are the most important feature you look when compare ICICIDirect with Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  ICICIDirect Sharekhan
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Sharekhan on Brokerage Charges

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

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Brokerage Charges - Compare ICICIDirect with Sharekhan
Brokerage Charges Compare ICICIDirect Sharekhan
Plan Name I-Secure Trading Plan (Percentage Based) Classic Trading Plan (Percentage Based)
Equity Delivery 0.55% or 55 paisa 0.5% or 50 paisa
Equity Intraday 0.03% or 3 paisa 0.1% or 10 paisa
Equity Futures 0.05% or 5 paisa 0.1% or 10 paisa
Equity Options Rs 95 Per Lot 2.5% of Premium or Rs 250 per lot whichever is high
Currency Futures 0.05% or 5 paisa 0.1% or 10 paisa
Currency Options Rs 25 Per Lot 2.5% of Premium or Rs 30 per lot whichever is high
Commodity Trading NA 0.1% or 10 paisa
Minimum Brokerage Rs 35 per trade Rs 20
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. Free
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Sharekhan
SPAN Margin Calculator SPAN Margin Calculator for ICICIDirect SPAN Margin Calculator for Sharekhan
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Share Broker's Transaction Charges

Compare ICICIDirect vs Sharekhan on Transaction Charges

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

Transaction Charges - Compare ICICIDirect with Sharekhan
Transaction Charges Compare ICICIDirect Sharekhan
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 100 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for sharekhan
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Account Features

Compare ICICIDirect vs Sharekhan on Account Features

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

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

Compare ICICIDirect vs Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and Sharekhan. 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 Sharekhan
Trading Platform Compare ICICIDirect Sharekhan
Desktop Trading Platform Trade Racer TradeTiger
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.sharekhan.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile Sharekhan
Mobile Trading App Demo ICICI direct Mobile Demo Sharekhan Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Sharekhan Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Sharekhan 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 Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Sharekhan
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for sharekhan

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Broker Ratings by Users

Compare ICICIDirect vs Sharekhan on User Rating

  ICICIDirect Sharekhan
  264 Customer Reviews    Rate ICICIDirect 177 Customer Reviews    Rate Sharekhan
Fees Ratings 2.4 3.2
Trading Brokerage Rating 1.8 3.1
Trading Platform Usability 3.3 3.9
Customer Service Ratings 2.8 3.5
Overall Ratings Rated 2.5 stars Rated 3.6 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews Sharekhan is Rated 3.6 / 5 based on 177 customer reviews
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Investment Offerings

Compare ICICIDirect vs Sharekhan on Investment Offerings

Compare ICICIDirect with Sharekhan 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 - Sharekhan 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) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare ICICIDirect with Sharekhan
Investment Offerings Compare ICICIDirect Sharekhan
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 Yes
Other Investment Options NIL NIL
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Order Types

Compare ICICIDirect vs Sharekhan on Order Types

Order Type - Compare ICICIDirect with Sharekhan 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) - Sharekhan 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 Sharekhan
Order Type Compare ICICIDirect Sharekhan
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 Sharekhan on Margin/Leverage

Comapre ICICIDirect with Sharekhan 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 Sharekhan
Margin Product Compare ICICIDirect Sharekhan
Equity Delivery Margin ICICIDirect vs Sharekhan - Equity Delivery Margin No Delivery margin. Upto 5x via Margin Funding.
Equity Intraday Margin ICICIDirect vs Sharekhan - Equity Intraday Margin Upto 5x leverage for equity. Upto 10x leverage for equity.
Futures Margin ICICIDirect vs Sharekhan - Futures Margin Upto 2x leverage for futures. Upto 2x leverage for futures.
Options Margin ICICIDirect vs Sharekhan - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin ICICIDirect vs Sharekhan - Equity CO Margin Upto 25x margin/leverage in CO order for selected equity scripts. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin ICICIDirect vs Sharekhan - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts. Upto 15x margin/leverage in CO order for futures contracts.
Options CO Margin ICICIDirect vs Sharekhan - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Upto 15x margin/leverage in CO order for options contracts sell only.
Commodity Margin ICICIDirect vs Sharekhan - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare ICICIDirect vs Sharekhan on Customer Service

Compare ICICIDirect with Sharekhan 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 Sharekhan
Customer Service Compare ICICIDirect Sharekhan
24/7 Customer Service ICICIDirect vs Sharekhan - 24x7 customer support No No
Email Support ICICIDirect vs Sharekhan - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Sharekhan - Onine Live Chat No Yes
Phone Support ICICIDirect vs Sharekhan - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Sharekhan - Toll Free Number No Yes
Through Branches ICICIDirect vs Sharekhan - Through Branches Yes Yes
Customer Care Number ICICIDirect vs Sharekhan - Customer Care Number 33551122 1800227500
Account Opening Process ICICIDirect vs Sharekhan - Account Opening Process Offline Offline
Customer Support Email ICICIDirect vs Sharekhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Sharekhan - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp https://www.sharekhan.com/help/hello
Head Office Address ICICIDirect vs Sharekhan - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai – 400020
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Website ICICIDirect vs Sharekhan - Company Website https://www.icicidirect.com https://www.sharekhan.com
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Tips/Research/Reports Published

Compare ICICIDirect vs Sharekhan on Research Reports, Tips

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

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

Compare ICICIDirect vs Sharekhan on Demat Account

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

Demat Charges - Compare ICICIDirect with Sharekhan
  ICICIDirect Sharekhan
DP Source CDSL CDSL
DP ID ICICIDirect vs Sharekhan - DP ID 14300 36000
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹500 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Nil Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹50 per set up ₹5 per certificate (Min 50 per request)
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) 0.03% (Min ₹100)
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 Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request

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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Sharekhan on Special Offers and Promotion

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

Compare ICICIDirect vs Sharekhan on Special Offers and Promotion
  ICICIDirect Sharekhan
Pay In and Pay Out Options ICICIDirect vs Sharekhan - 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 RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time ICICIDirect vs Sharekhan - Payout Time Instant to ICICI Bank. Max 24 hrs except bank holidays
Bank Supported and Charges ICICIDirect vs Sharekhan - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your ICICI bank account. Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
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...

  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

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...

  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
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. Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time.
Enquiry Enquire about ICICIDirect Enquire about Sharekhan

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







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