ICICI Direct Vs Gill Broking
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.
Gill Broking
Gill Broking 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 Gill Broking - Broker Details
| ICICI Direct | Gill Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2017 |
| Exchanges | BSE and NSE. | NSE, BSE and MCX |
| Branches | 250+ | 70+ |
| Brokerage | Prime Plan: ₹900/- | ₹13 per order |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Gill Broking - Account Opening & AMC Charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 | ₹0 (Free) only for First Year |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Gill Broking - Brokerage charges & Plans
| ICICI Direct | Gill Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹13 per order |
| Currency Futures | ₹20/ Order | ₹13 per order |
| Equity Delivery | ₹0.09% | ₹13 per order |
| Equity Options | ₹20/ Order | ₹13 per order |
| Commodity Options | ₹20/ Order | ₹13 per order |
| Equity Futures | ₹20/ Order | ₹13 per order |
| Currency Options | ₹20/ Order | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order | ₹13 per order |
ICICI Direct Vs Gill Broking - Other Charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
ICICI Direct Vs Gill Broking - Transaction Charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment |
| Equity Futures | NSE: 0.002% | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | Rate 0.00345% Of Total Turnover value |
| Equity Options | NSE: 0.053% | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: 0.0009% (Currency Futures) NSE: 0.035% (Currency Options) |
| Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00325% (Equity Delivery) BSE: 0.00300% (Equity Delivery) |
ICICI Direct Vs Gill Broking - Margin (Exposure)
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Features
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Gill Broking - Review & Rating
| ICICI Direct | Gill Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Gill Broking - Request a call back from Broker
| ICICI Direct | Gill Broking | |
|---|---|---|
ICICI Direct Vs Gill Broking - Investment Options
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Order Type
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Research & Report
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Daily Market Report
| ICICI Direct | Gill Broking | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Gill Broking - Suitable For Investor
| ICICI Direct | Gill Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Gill Broking - Pros & Cons
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. |
| 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 international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees |
ICICI Direct Vs Gill Broking - Background
| ICICI Direct | Gill Broking | |
|---|---|---|
ICICI Direct Vs Gill Broking - Compare All Brokers
| ICICI Direct | Gill Broking | |
|---|---|---|
ICICI Direct Vs Gill Broking - STT/CTT
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
ICICI Direct Vs Gill Broking - Demat transaction charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 Gill Broking - GST
| ICICI Direct | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Gill Broking - SEBI Charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Gill Broking - Account Opening & AMC Charges
ICICI Direct
Gill Broking
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
₹0 (Free) only for First Year
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Gill Broking
| ICICI Direct | Gill Broking | |
|---|---|---|
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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Gill Broking Review | Account Opening Charges, Brokerage, and Trading Platforms |
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Gill Broking
Gill Broking 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 Gill Broking - Brokerage charges & Plans
| ICICI Direct | Gill Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹13 per order |
| Currency Futures | ₹20/ Order | ₹13 per order |
| Equity Delivery | ₹0.09% | ₹13 per order |
| Equity Options | ₹20/ Order | ₹13 per order |
| Commodity Options | ₹20/ Order | ₹13 per order |
| Equity Futures | ₹20/ Order | ₹13 per order |
| Currency Options | ₹20/ Order | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order | ₹13 per order |
| Call Back Open Account |
ICICI Direct Vs Gill Broking - Margin (Exposure)
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Other Charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
ICICI Direct Vs Gill Broking - STT/CTT
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
ICICI Direct Vs Gill Broking - Demat transaction charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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 Gill Broking - GST
| ICICI Direct | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Gill Broking - SEBI Charges
| ICICI Direct | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Gill Broking - Features
| ICICI Direct | Gill Broking | |
|---|---|---|
| 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. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |