ICICI Direct Vs Navkar Direct
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.
Navkar Direct
Navkar Direct 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 Navkar Direct - Broker Details
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1999 |
| Exchanges | BSE and NSE. | BSE, NSE, MCX and NCDEX |
| Branches | 250+ | N/A |
| Brokerage | Prime Plan: ₹900/- | ₹20 per order |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Navkar Direct - Account Opening & AMC Charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹300 per year (Individual account) ₹1200 per year (Corporate Account) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | N/A |
ICICI Direct Vs Navkar Direct - Brokerage charges & Plans
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20 per order |
| Currency Futures | ₹20/ Order | ₹20 per order |
| Equity Delivery | ₹0.09% | ₹20 per order |
| Equity Options | ₹20/ Order | ₹20 per order |
| Commodity Options | ₹20/ Order | ₹20 per order |
| Equity Futures | ₹20/ Order | ₹20 per order |
| Currency Options | ₹20/ Order | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/ Order | ₹20 per order |
ICICI Direct Vs Navkar Direct - Other Charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20 per order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
ICICI Direct Vs Navkar Direct - Transaction Charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: 0.002% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: 0.053% | NSE: 0.053% on premium value |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.00345% trade on buy & sell | NSE - 0.00325% | BSE- 0.00375% |
ICICI Direct Vs Navkar Direct - Margin (Exposure)
| ICICI Direct | Navkar 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) | 6x (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 (100% of trade value) |
| 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 Navkar Direct - Features
| ICICI Direct | Navkar Direct | |
|---|---|---|
| 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. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Navkar Direct - Review & Rating
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Trading Brokerage | 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal | |
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Navkar Direct - Request a call back from Broker
| ICICI Direct | Navkar Direct | |
|---|---|---|
ICICI Direct Vs Navkar Direct - Investment Options
| ICICI Direct | Navkar Direct | |
|---|---|---|
| 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 Navkar Direct - Order Type
| ICICI Direct | Navkar Direct | |
|---|---|---|
| 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 Navkar Direct - Research & Report
| ICICI Direct | Navkar Direct | |
|---|---|---|
| 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 Navkar Direct - Daily Market Report
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Navkar Direct - Suitable For Investor
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Navkar Direct - Pros & Cons
| ICICI Direct | Navkar Direct | |
|---|---|---|
| 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. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing |
| 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. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, |
ICICI Direct Vs Navkar Direct - Background
| ICICI Direct | Navkar Direct | |
|---|---|---|
ICICI Direct Vs Navkar Direct - Compare All Brokers
| ICICI Direct | Navkar Direct | |
|---|---|---|
ICICI Direct Vs Navkar Direct - STT/CTT
| ICICI Direct | Navkar Direct | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| 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 sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Navkar Direct - Demat transaction charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹20 per order |
ICICI Direct Vs Navkar Direct - GST
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Navkar Direct - SEBI Charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Navkar Direct - Account Opening & AMC Charges
ICICI Direct
Navkar Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹300 per year (Individual account) ₹1200 per year (Corporate Account)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free)
Trading Account AMC
₹0 (Free)
N/A
ICICI Direct Vs Navkar Direct
| ICICI Direct | Navkar Direct | |
|---|---|---|
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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Navkar Direct Account Opening Process and Charge Details 2024 |
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Navkar Direct
Navkar Direct 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 Navkar Direct - Brokerage charges & Plans
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20 per order |
| Currency Futures | ₹20/ Order | ₹20 per order |
| Equity Delivery | ₹0.09% | ₹20 per order |
| Equity Options | ₹20/ Order | ₹20 per order |
| Commodity Options | ₹20/ Order | ₹20 per order |
| Equity Futures | ₹20/ Order | ₹20 per order |
| Currency Options | ₹20/ Order | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/ Order | ₹20 per order |
| Call Back Open Account |
ICICI Direct Vs Navkar Direct - Margin (Exposure)
| ICICI Direct | Navkar 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) | 6x (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 (100% of trade value) |
| 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 Navkar Direct - Other Charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20 per order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
ICICI Direct Vs Navkar Direct - STT/CTT
| ICICI Direct | Navkar Direct | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| 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 sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Navkar Direct - Demat transaction charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹20 per order |
ICICI Direct Vs Navkar Direct - GST
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Navkar Direct - SEBI Charges
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Navkar Direct - Features
| ICICI Direct | Navkar Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |