The brokerage of ICICIDirect Max 0.05 to .55% per trade while the brokerage of TradeSmart ranges between Rs 15. ICICIDirect is a Full Service Broker where TradeSmart 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 TradeSmart 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 TradeSmart'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, MCX, 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...||TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support.|
In this section we have compared ICICIDirect with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 200|
|Demat Account Opening Fees||Free||Rs 200|
|Demat AMC||Rs 600 PA (Waived for 1st year)||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare ICICIDirect with TradeSmart. 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.
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
|Brokerage Charges Compare||ICICIDirect||TradeSmart|
|Plan Name||I-Secure Trading Plan (Percentage Based)||Flat Fee Rs 15 Trading Plan (Power Plan)|
|Equity Delivery||0.55% or 55 paisa||Flat Fee Rs 15|
|Equity Intraday||0.03% or 3 paisa||Flat Fee Rs 15|
|Equity Futures||0.05% or 5 paisa||Flat Fee Rs 15|
|Equity Options||Rs 95 Per Lot||Flat Fee Rs 15|
|Currency Futures||0.05% or 5 paisa||Flat Fee Rs 15|
|Currency Options||Rs 25 Per Lot||Flat Fee Rs 15|
|Commodity Trading||NA||Flat Fee Rs 15|
|Minimum Brokerage||Rs 35 per trade||NIL|
|Funding||Yes - 18% interest PA||No|
|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 TradeSmart|
|SPAN Margin Calculator||SPAN Margin Calculator for ICICIDirect||SPAN Margin Calculator for TradeSmart|
Compare ICICIDirect with TradeSmart on transaction charges and PCM fee by segment.
|Transaction Charges Compare||ICICIDirect||TradeSmart|
|Equity Delivery||Rs 325 Per Cr||Rs 350 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 350 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 240 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 7150 Per Cr|
|Currency Futures||Rs 100 Per Cr||Rs 165 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 6000 Per Cr|
|Commodity||NA||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for icicidirect||Complete Brokerage Plans for trade-smart-online|
Compare ICICIDirect with TradeSmart 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 TradeSmart offers only 2-in-1 account which includes trading and demat account. Algo Trading - TradeSmart offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - ICICIDirect offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - ICICIDirect offers NRI where TradeSmart doesn't offers NRI Trading.
|Account Features Compare||ICICIDirect||TradeSmart|
|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 TradeSmart. 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||TradeSmart|
|Desktop Trading Platform||Trade Racer||NEST Trader & Fox Trader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://sine.tradesmartonline.in/userMaster/login|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||Sine|
|Mobile Trading App Demo||ICICI direct Mobile Demo||Sine Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod Sine Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS Sine 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 TradeSmart|
|Futures Brokerage Calculator||Futures Brokerage Calculator for ICICIDirect||Futures Brokerage Calculator for TradeSmart|
|Options Brokerage Calculator||Options Brokerage Calculator for ICICIDirect||Options Brokerage Calculator for TradeSmart|
|Detail||Detail on Trading Platforms for icicidirect||Detail on Trading Platforms for trade-smart-online|
|264 Customer Reviews||34 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews|
Compare ICICIDirect with TradeSmart 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 - TradeSmart offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - ICICIDirect offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where TradeSmart doesn't offer
|Investment Offerings Compare||ICICIDirect||TradeSmart|
|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 TradeSmart 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) - TradeSmart 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- ICICIDirect offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||ICICIDirect||TradeSmart|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre ICICIDirect with TradeSmart 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||TradeSmart|
|Equity Delivery Margin||No Delivery margin.||Up to 1x Margin on Equity Delivery.|
|Equity Intraday Margin||Upto 5x leverage for equity.||Up to 10x leverage for equity intraday.|
|Futures Margin||Upto 2x leverage for futures.||Up to 3x leverage for equity futures intraday (MIS).|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Up to 3x for Index options selling, no leverage on options buying.|
|Equity CO Margin||Upto 25x margin/leverage in CO order for selected equity scripts.||Up to 30x leverage for equity CO.|
|Futures CO Margin||Upto 25x margin/leverage in CO order for Futures contracts.||Up to 7x leverage on equity/Index futures CO.|
|Options CO Margin||Upto 25x margin/leverage in CO order for options contracts sell only.||Up to 7x leverage on options selling and 1.33x for options buying via CO.|
|Commodity Margin||Info Not Available||Up to 2x on commodity MIS, and up to 6x for CO.|
Compare ICICIDirect with TradeSmart 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||TradeSmart|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||022 61208000/42878000|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
|Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
Compare ICICIDirect with TradeSmart on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a.||Rs 300(Individual), Rs.800 (Corporate)|
|Advance Deposit||Rs. 7500/- , If the client is not having ICICI BANK Account||NIL|
|Statutory charges||Stamp Duty at actuals||At Actual|
|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/-)||Rs. 25 minimum or 0.02% which ever is higher.In case of BSDA Rs.50 or 0.02% whichever is higher.|
|Demat||Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates||Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.|
|Remat||Rs. 30 + CDSL actuals||Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.|
|Pledge Creation||0.03 % or minimum of Rs. 50/-||Rs. 200 per scrip|
|Pledge Creation Confirmation||0.03 % or minimum of Rs. 50/-||Nil|
|Pledge Closure||0.03 % or minimum of Rs. 50/-||Rs. 200 per scrip|
|Pledge Closure Confirmation||0.03 % or minimum of Rs. 50/-||Nil|
|Pledge Invocation||0.03 % or minimum of Rs. 50/-||Rs. 200 minimum or 0.01% which ever is higher|
|Failed Instruction Charges||Rejection/Fails Rs.30/-||Nil|
|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.||Late instruction .1% scrip value, For requisitioning physical transaction statement Rs. 50 per BO statement plus courier charges|
Compare ICICIDirect with TradeSmart 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 funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Instance to ICICI Bank.||Up to 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.|
|Bank Detail||Direct from your ICICI bank account.||VNS Finance and Capital Services Ltd.,
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, Rs 400 Waived for a limited time.|
|Enquiry||Enquire about ICICIDirect||Enquire about TradeSmart|
Last Updated on 2019-07-08T23:24:28+00:00