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Comparision (FundsIndia VS ICICI Direct)

 

FundsIndia Vs ICICI Direct

FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more

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.

FundsIndia Vs ICICI Direct - Broker Details

FundsIndia ICICI Direct
Single Margin Facility
Year of Incorporation 2009 1995
Exchanges Sebi BSE and NSE.
Branches Zero 250+
Brokerage 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 Prime Plan: ₹900/-
Broker Type Full Service Broker Full service Broker

FundsIndia Vs ICICI Direct - Account Opening & AMC Charges

FundsIndia ICICI Direct
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹200 /-(Service Tax) 2nd Year onwards ₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC N/A ₹0 (Free)

FundsIndia Vs ICICI Direct - Brokerage charges & Plans

FundsIndia ICICI Direct
Commodity Futures N/A ₹20/ Order
Currency Futures N/A ₹20/ Order
Equity Delivery 0.01% ₹0.09%
Equity Options 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order
Commodity Options N/A ₹20/ Order
Equity Futures 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order
Currency Options N/A ₹20/ Order
Fixed Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order
Equity Intraday 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order

FundsIndia Vs ICICI Direct - Other Charges

FundsIndia ICICI Direct
RMS Square Off Charge N/A ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A ₹50/ Order
Other Brokerage Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 Prime Plan: ₹900/-
Minimum Brokerage 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order

FundsIndia Vs ICICI Direct - Transaction Charges

FundsIndia ICICI Direct
Currency Options N/A Exchange turnover charge: 0.04% |Clearing charge: 0.025%
Equity Futures 0.0035% on turnover NSE: 0.002%
Equity Intraday 0.0035% on turnover NSE: 0.00345% | BSE: 0.00345%
Equity Options 0.0035% on turnover NSE: 0.053%
Commodity N/A Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures N/A Exchange turnover charge: 0.0009% | Clearing charge: 0.0004%
Equity Delivery 0.1% on the transaction amount 0.00345% trade on buy & sell

FundsIndia Vs ICICI Direct - Margin (Exposure)

FundsIndia ICICI Direct
Equity Options 1x (100% of NRML 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 N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

FundsIndia Vs ICICI Direct - Features

FundsIndia ICICI Direct
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund

FundsIndia Vs ICICI Direct - Review & Rating

FundsIndia ICICI Direct
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

FundsIndia Vs ICICI Direct - Request a call back from Broker

FundsIndia ICICI Direct

FundsIndia Vs ICICI Direct - Investment Options

FundsIndia ICICI Direct
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

FundsIndia Vs ICICI Direct - Order Type

FundsIndia ICICI Direct
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

FundsIndia Vs ICICI Direct - Research & Report

FundsIndia ICICI Direct
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

FundsIndia Vs ICICI Direct - Daily Market Report

FundsIndia ICICI Direct
Daily Market Reports & News

FundsIndia Vs ICICI Direct - Suitable For Investor

FundsIndia ICICI Direct
Casual Investor
Active Investor
Trader

FundsIndia Vs ICICI Direct - Pros & Cons

FundsIndia ICICI Direct
Pros 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. 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.

FundsIndia Vs ICICI Direct - Background

FundsIndia ICICI Direct

FundsIndia Vs ICICI Direct - Compare All Brokers

FundsIndia ICICI Direct

FundsIndia Vs ICICI Direct - STT/CTT

FundsIndia ICICI Direct
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures N/A 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 0.05% on Sell Side(on Premium) 0.05% on Sell Side(on Premium)
Currency Options N/A No STT
Equity Delivery 0.1% on buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% on Sell Side 0.01% on Sell Side
Commodity Options N/A 0.05% on sell side

FundsIndia Vs ICICI Direct - Demat transaction charges

FundsIndia ICICI Direct
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

FundsIndia Vs ICICI Direct - GST

FundsIndia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)

FundsIndia Vs ICICI Direct - SEBI Charges

FundsIndia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

FundsIndia Vs ICICI Direct - Account Opening & AMC Charges

FundsIndia
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
N/A
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

FundsIndia Vs ICICI Direct

FundsIndia ICICI Direct
 

FundsIndia Review 2024

FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm ..
+ " Vs "+ ICICI Direct
Read more..

ICICI Direct Review | Brokerage Charges, Account Opening

With 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.
 
 

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.

FundsIndia Vs ICICI Direct - Brokerage charges & Plans

FundsIndia ICICI Direct
Commodity Futures N/A ₹20/ Order
Currency Futures N/A ₹20/ Order
Equity Delivery 0.01% ₹0.09%
Equity Options 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order
Commodity Options N/A ₹20/ Order
Equity Futures 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order
Currency Options N/A ₹20/ Order
Fixed Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order
Equity Intraday 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order
Call Back Open Account Call Back Open Account

FundsIndia Vs ICICI Direct - Margin (Exposure)

FundsIndia ICICI Direct
Equity Options 1x (100% of NRML 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 N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

FundsIndia Vs ICICI Direct - Other Charges

FundsIndia ICICI Direct
RMS Square Off Charge N/A ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A ₹50/ Order
Other Brokerage Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 Prime Plan: ₹900/-
Minimum Brokerage 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹20/ Order

FundsIndia Vs ICICI Direct - STT/CTT

FundsIndia ICICI Direct
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures N/A 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 0.05% on Sell Side(on Premium) 0.05% on Sell Side(on Premium)
Currency Options N/A No STT
Equity Delivery 0.1% on buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% on Sell Side 0.01% on Sell Side
Commodity Options N/A 0.05% on sell side

FundsIndia Vs ICICI Direct - Demat transaction charges

FundsIndia ICICI Direct
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

FundsIndia Vs ICICI Direct - GST

FundsIndia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)

FundsIndia Vs ICICI Direct - SEBI Charges

FundsIndia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

FundsIndia Vs ICICI Direct - Features

FundsIndia ICICI Direct
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

FundsIndia

ICICI Direct