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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||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, innovative offerings, and strong customer service. From advisory services to research, active trading...||Sharekhan not just allows trading in all the 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 more. With t...|
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 Account Opening Fees||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|
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.
|Account Opening Request|
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||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|
|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|
Compare ICICIDirect with Sharekhan on transaction charges and PCM fee by segment.
|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|
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 Compare||ICICIDirect||Sharekhan|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
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||Sharekhan|
|Desktop Trading Platform||Trade Racer||TradeTiger|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://www.sharekhan.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||Sharekhan|
|Mobile Trading App Demo||ICICI direct Mobile Demo||Sharekhan Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod Sharekhan Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS Sharekhan 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 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|
|265 Customer Reviews||177 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 265 customer reviews||Sharekhan is Rated 3.6 / 5 based on 177 customer reviews|
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||Sharekhan|
|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 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 Type Compare||ICICIDirect||Sharekhan|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||ICICIDirect||Sharekhan|
|Equity Delivery Margin||No Delivery margin.||Upto 5x via Margin Funding.|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
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 Service Compare||ICICIDirect||Sharekhan|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||1800227500|
|Account Opening Process||Offline||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
Lodha iThink Techno Campus,
Compare ICICIDirect with Sharekhan on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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
Compare ICICIDirect with Sharekhan 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 RelianceSmartMoney platform.
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||Info Not Available|
|Bank Detail||Direct from your ICICI bank account.||Sharekhan Limited
|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 2019-11-19T02:45:59+00:00