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Comparision (ICICI Direct VS FundsIndia)

 

ICICI Direct Vs FundsIndia

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

ICICI Direct Vs FundsIndia - Broker Details

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

ICICI Direct Vs FundsIndia - Account Opening & AMC Charges

ICICI Direct FundsIndia
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 ₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC ₹0 (Free) N/A

ICICI Direct Vs FundsIndia - Brokerage charges & Plans

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

ICICI Direct Vs FundsIndia - Other Charges

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

ICICI Direct Vs FundsIndia - Transaction Charges

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

ICICI Direct Vs FundsIndia - Margin (Exposure)

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

ICICI Direct Vs FundsIndia - Features

ICICI Direct FundsIndia
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 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.
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App
SMS Alerts for Trades
Direct Mutual Fund

ICICI Direct Vs FundsIndia - Review & Rating

ICICI Direct FundsIndia
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

ICICI Direct Vs FundsIndia - Request a call back from Broker

ICICI Direct FundsIndia

ICICI Direct Vs FundsIndia - Investment Options

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

ICICI Direct Vs FundsIndia - Order Type

ICICI Direct FundsIndia
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 FundsIndia - Research & Report

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

ICICI Direct Vs FundsIndia - Daily Market Report

ICICI Direct FundsIndia
Daily Market Reports & News

ICICI Direct Vs FundsIndia - Suitable For Investor

ICICI Direct FundsIndia
Casual Investor
Active Investor
Trader

ICICI Direct Vs FundsIndia - Pros & Cons

ICICI Direct FundsIndia
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.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.
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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve.

ICICI Direct Vs FundsIndia - Background

ICICI Direct FundsIndia

ICICI Direct Vs FundsIndia - Compare All Brokers

ICICI Direct FundsIndia

ICICI Direct Vs FundsIndia - STT/CTT

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

ICICI Direct Vs FundsIndia - Demat transaction charges

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

ICICI Direct Vs FundsIndia - GST

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

ICICI Direct Vs FundsIndia - SEBI Charges

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

ICICI Direct Vs FundsIndia - Account Opening & AMC Charges

ICICI Direct
FundsIndia
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
₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC
₹0 (Free)
N/A
 
Call Back Open Account
Call Back Open Account

ICICI Direct Vs FundsIndia

ICICI Direct FundsIndia
 

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.

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 ..
Read more..
 
 

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

ICICI Direct Vs FundsIndia - Brokerage charges & Plans

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

ICICI Direct Vs FundsIndia - Margin (Exposure)

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

ICICI Direct Vs FundsIndia - Other Charges

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

ICICI Direct Vs FundsIndia - STT/CTT

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

ICICI Direct Vs FundsIndia - Demat transaction charges

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

ICICI Direct Vs FundsIndia - GST

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

ICICI Direct Vs FundsIndia - SEBI Charges

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

ICICI Direct Vs FundsIndia - Features

ICICI Direct FundsIndia
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 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.
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct

FundsIndia