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Comparision (ICICI Direct VS Reliance Securities)

 

ICICI Direct Vs Reliance 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.


Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

ICICI Direct Vs Reliance Securities - Broker Details

ICICI Direct Reliance Securities
Single Margin Facility
Year of Incorporation 1995 2005
Exchanges BSE and NSE. NSE, BSE&MCX-SX, NCDEX, NMCE
Branches 250+ 1460+
Brokerage Prime Plan: ₹900 0.04%
Broker Type Full service Broker Full service Broker
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ICICI Direct Vs Reliance Securities - Account Opening & AMC Charges

ICICI Direct Reliance Securities
Trading Account Opening Charge Rs.0 (Free)
Demat Account Opening Charge Rs.0 (Free)
Demat Account AMC ₹700 (From 2nd Year) 2500/- life time free
Trading Account AMC Rs.0 (Free) 2500/- life time free
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ICICI Direct Vs Reliance Securities - Brokerage charges & Plans

ICICI Direct Reliance Securities
Commodity Futures NA 0.04%
Currency Futures I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 0.04%
Equity Delivery I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% 0.4%
Equity Options I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 Rs.100 per lot
Commodity Options NA Rs.100 per lot
Equity Futures I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% 0.04%
Currency Options I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 Rs.100 per lot
Fixed Charges Prime Plan: ₹900 0.04%
Equity Intraday I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% 0.4%
Enquiry with ICICI Direct   Open Account Enquiry with Reliance Securities   Open Account

ICICI Direct Vs Reliance Securities - Other Charges

ICICI Direct Reliance Securities
RMS Square Off Charge -
API Charges
Call & Trade Charges Rs.25/per order
Other Brokerage Charges Prime Plan: ₹900 0.04%
Minimum Brokerage Rs.20/order 0.04%
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ICICI Direct Vs Reliance Securities - Transaction Charges

ICICI Direct Reliance Securities
Currency Options ₹5000 per Cr. (0.05) (On Premium) NSE: 0.04174%
Equity Futures ₹180 per Cr (0.0018%) NSE: 0.0009% BSE: 0.0005%
Equity Intraday NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) NSE: 0.0032% BSE: 0.003%
Equity Options ₹5000 per Cr (0.05%) (On premium) NSE: 0.05% BSE: 0.0005% (On premium)
Commodity NA Group A: 0.0026% PEPPER - 0.00005% CASTORSEED – 0.0005% RBDPMOLEIN – 0.001%
Currency Futures ₹120 per Cr (0.0012%) NSE: 0.0009%
Equity Delivery NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) NSE: 0.0032% BSE: 0.00275%
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ICICI Direct Vs Reliance Securities - Margin (Exposure)

ICICI Direct Reliance Securities
Equity Options 2 times for shorting Nil
Equity Intraday Up to 25 times Up to 10 times
Currency Options NA
Commodity Options NA NA
Commodity Futures NA NA
Equity Delivery 5 times with Interest Up to 3 times with 21% interest per year
Currency Futures NA Nil
Equity Futures 4 times Up to 3 times
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ICICI Direct Vs Reliance Securities - Features

ICICI Direct Reliance 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 3:30 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
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ICICI Direct Vs Reliance Securities - Review & Rating

ICICI Direct Reliance Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
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ICICI Direct Vs Reliance Securities - Request a call back from Broker

ICICI Direct Reliance Securities
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ICICI Direct Vs Reliance Securities - Investment Options

ICICI Direct Reliance Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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ICICI Direct Vs Reliance Securities - Order Type

ICICI Direct Reliance Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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ICICI Direct Vs Reliance Securities - Research & Report

ICICI Direct Reliance Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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ICICI Direct Vs Reliance Securities - Daily Market Report

ICICI Direct Reliance Securities
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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ICICI Direct Vs Reliance Securities - Suitable For Investor

ICICI Direct Reliance Securities
Casual Investor
Active Investor
Trader
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ICICI Direct Vs Reliance Securities - Pros & Cons

ICICI Direct Reliance Securities
Pros 1. It facilitates its customers by providing an integrated three-in-one account i.e. banking, broking and demat accounts. 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. 5. The low bandwidth website is available for the slow internet connection or for the trading from various mobile devices. 6. By placing the VTC feature i.e. Valid till Cancelled, the customers can place buy or sell the limit orders that remains valid for 45 days. 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers.
Cons 1. The brokerage of ICICI direct is high and not negotiable. The brokerage can be brought down simply by subscribing to the ICICI direct prime or prepaid brokerage plans. 2. It does not offer commodity trading. With the ICICI Trading account the customers can’t trade at MCX or NCDEX. It offers several plans to introduce commodity trading in future. 3. The minimum brokerage as the standard I-Secure plan is ₹35 per trade 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 ₹25 per call for the call and trader after first 20 free calls in a month. 1. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm.
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ICICI Direct Vs Reliance Securities - Background

ICICI Direct Reliance Securities
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ICICI Direct Vs Reliance Securities - Compare All Brokers

ICICI Direct Reliance Securities
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ICICI Direct Vs Reliance Securities - Account Opening & AMC Charges

ICICI Direct
Reliance Securities
Trading Account Opening Charge
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
Demat Account AMC
₹700 (From 2nd Year)
2500/- life time free
Trading Account AMC
Rs.0 (Free)
2500/- life time free

ICICI Direct Vs Reliance Securities

ICICI Direct Reliance Securities
 

ICICI Direct NRI Account Opening, Charges, Services Review

ICICI Direct is a full-service broker that avails its customer the service of retail trading and investment service from ICICI securities. ICICI Securities is the famous and largest stock broker in India. It was incorporated on 9 March, 1995 as ICICI Brokerage Services. The company offers a broad range of investment options to the retail and ins ..
+ " Vs "+ Reliance Securities

Reliance Securities NRI Account Opening, Charges, Services Review

A Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to th ..
 
 

Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

ICICI Direct Vs Reliance Securities - Brokerage charges & Plans

ICICI Direct Reliance Securities
Commodity Futures NA 0.04%
Currency Futures I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 0.04%
Equity Delivery I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% 0.4%
Equity Options I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 Rs.100 per lot
Commodity Options NA Rs.100 per lot
Equity Futures I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% 0.04%
Currency Options I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 Rs.100 per lot
Fixed Charges Prime Plan: ₹900 0.04%
Equity Intraday I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% 0.4%
Enquiry with ICICI Direct   Open Account Enquiry with Reliance Securities   Open Account

ICICI Direct Vs Reliance Securities - Margin (Exposure)

ICICI Direct Reliance Securities
Equity Options 2 times for shorting Nil
Equity Intraday Up to 25 times Up to 10 times
Currency Options NA
Commodity Options NA NA
Commodity Futures NA NA
Equity Delivery 5 times with Interest Up to 3 times with 21% interest per year
Currency Futures NA Nil
Equity Futures 4 times Up to 3 times
Enquiry with ICICI Direct   Open Account Enquiry with Reliance Securities   Open Account

ICICI Direct Vs Reliance Securities - Other Charges

ICICI Direct Reliance Securities
RMS Square Off Charge -
API Charges
Call & Trade Charges Rs.25/per order
Other Brokerage Charges Prime Plan: ₹900 0.04%
Minimum Brokerage Rs.20/order 0.04%
Enquiry with ICICI Direct   Open Account Enquiry with Reliance Securities   Open Account

ICICI Direct Vs Reliance Securities - Features

ICICI Direct Reliance 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 3:30 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with ICICI Direct   Open Account Enquiry with Reliance Securities   Open Account

Reliance Securities