ICICI Direct Vs Farsight Securities
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.
Farsight Securities
Farsight Securities 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 Farsight Securities - Broker Details
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1995 | 1995 |
| Exchanges | BSE and NSE. | NSE, BSE and MCX |
| Branches | 250+ | 7 |
| Brokerage | Prime Plan: ₹900/- | 0.04% |
| Broker Type | Full service Broker | Full Service Broker |
ICICI Direct Vs Farsight Securities - Account Opening & AMC Charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | Up to ₹1000 |
| Trading Account AMC | ₹0 (Free) | N/A |
ICICI Direct Vs Farsight Securities - Brokerage charges & Plans
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.04% |
| Equity Delivery | ₹0.09% | 0.35% |
| Equity Options | ₹20/ Order | ₹75 per Lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.04% |
| Currency Options | ₹20/ Order | ₹50 per Lot |
| Fixed Charges | ₹20/ Order | 0.04% |
| Equity Intraday | ₹20/ Order | 0.04% |
ICICI Direct Vs Farsight Securities - Other Charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/- |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/- |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.04% |
| Minimum Brokerage | ₹20/ Order | 0.04% |
ICICI Direct Vs Farsight Securities - Transaction Charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | 0.00325% |
| Equity Futures | NSE: 0.002% | 0.00325% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.00325% |
| Equity Options | NSE: 0.053% | 0.00325% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.00325% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | 0.00325% |
| Equity Delivery | 0.00345% trade on buy & sell | 0.00325% |
ICICI Direct Vs Farsight Securities - Margin (Exposure)
| ICICI Direct | Farsight Securities | |
|---|---|---|
| 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 | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
ICICI Direct Vs Farsight Securities - Features
| ICICI Direct | Farsight Securities | |
|---|---|---|
| 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. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
ICICI Direct Vs Farsight Securities - Review & Rating
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Farsight Securities - Request a call back from Broker
| ICICI Direct | Farsight Securities | |
|---|---|---|
ICICI Direct Vs Farsight Securities - Investment Options
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
ICICI Direct Vs Farsight Securities - Order Type
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
ICICI Direct Vs Farsight Securities - Research & Report
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
ICICI Direct Vs Farsight Securities - Daily Market Report
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
ICICI Direct Vs Farsight Securities - Suitable For Investor
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
ICICI Direct Vs Farsight Securities - Pros & Cons
| ICICI Direct | Farsight Securities | |
|---|---|---|
| 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.User-Friendly Platform 2.All-in-One Financial App 3. It is a trustworthy broker serving its services since 2006. 4. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. 5. It provides free access of regular markets to its customers. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Farsight Securities primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
ICICI Direct Vs Farsight Securities - Background
| ICICI Direct | Farsight Securities | |
|---|---|---|
ICICI Direct Vs Farsight Securities - Compare All Brokers
| ICICI Direct | Farsight Securities | |
|---|---|---|
ICICI Direct Vs Farsight Securities - STT/CTT
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| 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) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Farsight Securities - Demat transaction charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹20 + Gst per scrip only on sell |
ICICI Direct Vs Farsight Securities - GST
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Farsight Securities - SEBI Charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Farsight Securities - Account Opening & AMC Charges
ICICI Direct
Farsight Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
Up to ₹1000
Trading Account AMC
₹0 (Free)
N/A
ICICI Direct Vs Farsight Securities
| ICICI Direct | Farsight Securities | |
|---|---|---|
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.
|
Farsight Securities Account Opening Process, Charges, and Details |
|
|
|
|
|
Farsight Securities
Farsight Securities 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 Farsight Securities - Brokerage charges & Plans
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.04% |
| Equity Delivery | ₹0.09% | 0.35% |
| Equity Options | ₹20/ Order | ₹75 per Lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.04% |
| Currency Options | ₹20/ Order | ₹50 per Lot |
| Fixed Charges | ₹20/ Order | 0.04% |
| Equity Intraday | ₹20/ Order | 0.04% |
| Call Back Open Account |
ICICI Direct Vs Farsight Securities - Margin (Exposure)
| ICICI Direct | Farsight Securities | |
|---|---|---|
| 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 | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 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 |
ICICI Direct Vs Farsight Securities - Other Charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/- |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/- |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.04% |
| Minimum Brokerage | ₹20/ Order | 0.04% |
ICICI Direct Vs Farsight Securities - STT/CTT
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| 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) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Farsight Securities - Demat transaction charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹20 + Gst per scrip only on sell |
ICICI Direct Vs Farsight Securities - GST
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Farsight Securities - SEBI Charges
| ICICI Direct | Farsight Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Farsight Securities - Features
| ICICI Direct | Farsight Securities | |
|---|---|---|
| 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. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |