ICICI Direct Vs Compositedge
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.
Compositedge
Compositedge Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ICICI Direct Vs Compositedge - Broker Details
| ICICI Direct | Compositedge | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1995 |
| Exchanges | BSE and NSE. | NSE, BSE and MCX |
| Branches | 250+ | 1080 |
| Brokerage | Prime Plan: ₹900/- | ₹15 per order |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Compositedge - Account Opening & AMC Charges
| ICICI Direct | Compositedge | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹350/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹50/- |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Compositedge - Brokerage charges & Plans
| ICICI Direct | Compositedge | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹15 per order |
| Currency Futures | ₹20/ Order | ₹15 per order |
| Equity Delivery | ₹0.09% | ₹15 per order |
| Equity Options | ₹20/ Order | ₹15 per order |
| Commodity Options | ₹20/ Order | ₹15 per order |
| Equity Futures | ₹20/ Order | ₹15 per order |
| Currency Options | ₹20/ Order | ₹15 per order |
| Fixed Charges | ₹20/ Order | ₹15 per order |
| Equity Intraday | ₹20/ Order | ₹15 per order |
ICICI Direct Vs Compositedge - Other Charges
| ICICI Direct | Compositedge | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹250 + tax respectively. |
| Call & Trade Charges | ₹50/ Order | N/A |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹15 per order |
| Minimum Brokerage | ₹20/ Order | ₹15 per order |
ICICI Direct Vs Compositedge - Transaction Charges
| ICICI Direct | Compositedge | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | 0.035% |
| Equity Futures | NSE: 0.002% | 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.00325% |
| Equity Options | NSE: 0.053% | 0.05000% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.05000% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | 0.0009% |
| Equity Delivery | 0.00345% trade on buy & sell | 0.00325% |
ICICI Direct Vs Compositedge - Margin (Exposure)
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
ICICI Direct Vs Compositedge - Features
| ICICI Direct | Compositedge | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. CompositeEdge XTS App, 2. CompositeEdge XTS TWS EXE, 3. CompositeEdge TE App, 4. CompositeEdge TE Live EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Compositedge - Review & Rating
| ICICI Direct | Compositedge | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Compositedge - Request a call back from Broker
| ICICI Direct | Compositedge | |
|---|---|---|
ICICI Direct Vs Compositedge - Investment Options
| ICICI Direct | Compositedge | |
|---|---|---|
| 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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ICICI Direct Vs Compositedge - Order Type
| ICICI Direct | Compositedge | |
|---|---|---|
| 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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ICICI Direct Vs Compositedge - Research & Report
| ICICI Direct | Compositedge | |
|---|---|---|
| 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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ICICI Direct Vs Compositedge - Daily Market Report
| ICICI Direct | Compositedge | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Compositedge - Suitable For Investor
| ICICI Direct | Compositedge | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Compositedge - Pros & Cons
| ICICI Direct | Compositedge | |
|---|---|---|
| Pros | 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. | 1. Competitive brokerage rates, 2. Wide range of trading platforms, 3. Advanced charting and analysis tools, 4. Multiple investment options (stocks, commodities, currencies, etc, 5. User-friendly interface, 6. Excellent customer support. |
| Cons | 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. | 1. Some users may find the account opening process lengthy, 2.Inactivity fees for dormant accounts, 3. Additional charges for certain services and features, 4. Limited physical branch presence, 5. Margin requirements and leverage limitations. |
ICICI Direct Vs Compositedge - Background
| ICICI Direct | Compositedge | |
|---|---|---|
ICICI Direct Vs Compositedge - Compare All Brokers
| ICICI Direct | Compositedge | |
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ICICI Direct Vs Compositedge - STT/CTT
| ICICI Direct | Compositedge | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
ICICI Direct Vs Compositedge - Demat transaction charges
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹18.5 + GST per scrip |
ICICI Direct Vs Compositedge - GST
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% On Brokerage and Transaction charges |
ICICI Direct Vs Compositedge - SEBI Charges
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Compositedge - Account Opening & AMC Charges
ICICI Direct
Compositedge
Trading Account Opening Charge
₹0 (Free)
₹350/-
Demat Account Opening Charge
₹0 (Free)
₹50/-
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Compositedge
| ICICI Direct | Compositedge | |
|---|---|---|
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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Compositedge Review | Services, Trading Software, and Brokerage Charges |
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Compositedge
Compositedge Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ICICI Direct Vs Compositedge - Brokerage charges & Plans
| ICICI Direct | Compositedge | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹15 per order |
| Currency Futures | ₹20/ Order | ₹15 per order |
| Equity Delivery | ₹0.09% | ₹15 per order |
| Equity Options | ₹20/ Order | ₹15 per order |
| Commodity Options | ₹20/ Order | ₹15 per order |
| Equity Futures | ₹20/ Order | ₹15 per order |
| Currency Options | ₹20/ Order | ₹15 per order |
| Fixed Charges | ₹20/ Order | ₹15 per order |
| Equity Intraday | ₹20/ Order | ₹15 per order |
| Call Back Open Account |
ICICI Direct Vs Compositedge - Margin (Exposure)
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
ICICI Direct Vs Compositedge - Other Charges
| ICICI Direct | Compositedge | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹250 + tax respectively. |
| Call & Trade Charges | ₹50/ Order | N/A |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹15 per order |
| Minimum Brokerage | ₹20/ Order | ₹15 per order |
ICICI Direct Vs Compositedge - STT/CTT
| ICICI Direct | Compositedge | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
ICICI Direct Vs Compositedge - Demat transaction charges
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹18.5 + GST per scrip |
ICICI Direct Vs Compositedge - GST
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% On Brokerage and Transaction charges |
ICICI Direct Vs Compositedge - SEBI Charges
| ICICI Direct | Compositedge | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Compositedge - Features
| ICICI Direct | Compositedge | |
|---|---|---|
| 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 | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. CompositeEdge XTS App, 2. CompositeEdge XTS TWS EXE, 3. CompositeEdge TE App, 4. CompositeEdge TE Live EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |