Enrich Money Vs ICICI Direct
Enrich Money
Enrich Money Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Enrich Money Vs ICICI Direct - Broker Details
| Enrich Money | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2013 | 1995 |
| Exchanges | NSE, BSE and MCX | BSE and NSE. |
| Branches | 9 | 250+ |
| Brokerage | ₹20 per completed order | Prime Plan: ₹900/- |
| Broker Type | Full service Broker | Full service Broker |
Enrich Money Vs ICICI Direct - Account Opening & AMC Charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹99 (Online) | ₹199 (Offline) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First-year free (From 2nd Year ₹300 + GST per Year ) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Enrich Money Vs ICICI Direct - Brokerage charges & Plans
| Enrich Money | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹20 or 0.03% per completed order | ₹20/ Order |
| Currency Futures | ₹20 or 0.03% per completed | ₹20/ Order |
| Equity Delivery | ₹0 Zero Brokerage | ₹0.09% |
| Equity Options | ₹20 per completed order | ₹20/ Order |
| Commodity Options | ₹20 per completed order | ₹20/ Order |
| Equity Futures | ₹20 or 0.03% per completed order | ₹20/ Order |
| Currency Options | ₹20 per completed order | ₹20/ Order |
| Fixed Charges | ₹20 per completed order | ₹20/ Order |
| Equity Intraday | ₹20 or 0.03% per completed order | ₹20/ Order |
Enrich Money Vs ICICI Direct - Other Charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹ 0 / Order for Lifetime | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹20 per completed order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per completed order | ₹20/ Order |
Enrich Money Vs ICICI Direct - Transaction Charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.002% | NSE: 0.002% |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% | NSE: 0.053% |
| Commodity | Commodity Futures - 0.0026% Commodity Options - 0.05% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | 0.00345% trade on buy & sell |
Enrich Money Vs ICICI Direct - Margin (Exposure)
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Enrich Money Vs ICICI Direct - Features
| Enrich Money | ICICI Direct | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Enrich Money Orca Trading App, 2. Hunt Ticker Web, 3. Orca Pro, 4. IPO Apply Web Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Enrich Money Vs ICICI Direct - Review & Rating
| Enrich Money | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Enrich Money Vs ICICI Direct - Request a call back from Broker
| Enrich Money | ICICI Direct | |
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Enrich Money Vs ICICI Direct - Investment Options
| Enrich Money | ICICI Direct | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Enrich Money Vs ICICI Direct - Order Type
| Enrich Money | ICICI Direct | |
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| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Enrich Money Vs ICICI Direct - Research & Report
| Enrich Money | ICICI Direct | |
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| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Enrich Money Vs ICICI Direct - Daily Market Report
| Enrich Money | ICICI Direct | |
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| Daily Market Reports & News |
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Enrich Money Vs ICICI Direct - Suitable For Investor
| Enrich Money | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Enrich Money Vs ICICI Direct - Pros & Cons
| Enrich Money | ICICI Direct | |
|---|---|---|
| Pros | 1. Wide Range of Investment Options, 2. Competitive Brokerage Rates 3. Access to Market Research and Analysis, 4. User-Friendly Trading Platform, 5. Efficient Customer Support, 6. Reliable and Secure Transactions, 7. Customized Investment Solutions, 8. Timely Execution of Trades. | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. |
| Cons | 1. Limited Availability of Educational Resources, 2. Potential for High Trading Fees on Certain Investments, 3. Lack of Personalized Investment Advice, 4. Possible Delays in Customer Service Response Times, 5. Restricted Access to Certain Markets or Investment Types, 6. Dependency on Internet Connectivity for Trading Activities, 7. Potential for Technical Glitches or Platform Outages | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. |
Enrich Money Vs ICICI Direct - Background
| Enrich Money | ICICI Direct | |
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Enrich Money Vs ICICI Direct - Compare All Brokers
| Enrich Money | ICICI Direct | |
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Enrich Money Vs ICICI Direct - STT/CTT
| Enrich Money | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.003% on the sell side | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.002% on the sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell side | 0.05% on sell side |
Enrich Money Vs ICICI Direct - Demat transaction charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Enrich Money Vs ICICI Direct - GST
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Enrich Money Vs ICICI Direct - SEBI Charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Enrich Money Vs ICICI Direct - Account Opening & AMC Charges
Enrich Money
ICICI Direct
Trading Account Opening Charge
₹99 (Online) | ₹199 (Offline)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First-year free (From 2nd Year ₹300 + GST per Year )
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Enrich Money Vs ICICI Direct
| Enrich Money | ICICI Direct | |
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Enrich Money Brokerage Charges Review 2024 |
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Enrich Money Vs ICICI Direct - Brokerage charges & Plans
| Enrich Money | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹20 or 0.03% per completed order | ₹20/ Order |
| Currency Futures | ₹20 or 0.03% per completed | ₹20/ Order |
| Equity Delivery | ₹0 Zero Brokerage | ₹0.09% |
| Equity Options | ₹20 per completed order | ₹20/ Order |
| Commodity Options | ₹20 per completed order | ₹20/ Order |
| Equity Futures | ₹20 or 0.03% per completed order | ₹20/ Order |
| Currency Options | ₹20 per completed order | ₹20/ Order |
| Fixed Charges | ₹20 per completed order | ₹20/ Order |
| Equity Intraday | ₹20 or 0.03% per completed order | ₹20/ Order |
| Call Back Open Account |
Enrich Money Vs ICICI Direct - Margin (Exposure)
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Enrich Money Vs ICICI Direct - Other Charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹ 0 / Order for Lifetime | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹20 per completed order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per completed order | ₹20/ Order |
Enrich Money Vs ICICI Direct - STT/CTT
| Enrich Money | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.003% on the sell side | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.002% on the sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell side | 0.05% on sell side |
Enrich Money Vs ICICI Direct - Demat transaction charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Enrich Money Vs ICICI Direct - GST
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Enrich Money Vs ICICI Direct - SEBI Charges
| Enrich Money | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Enrich Money Vs ICICI Direct - Features
| Enrich Money | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Enrich Money Orca Trading App, 2. Hunt Ticker Web, 3. Orca Pro, 4. IPO Apply Web Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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