ICICI Direct Vs Trade Smart
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.
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
ICICI Direct Vs Trade Smart - Broker Details
| ICICI Direct | Trade Smart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1994 |
| Exchanges | BSE and NSE. | BSE, NSE and MCX. |
| Branches | 250+ | Zero |
| Brokerage | Prime Plan: ₹900/- | 0.007% or ₹15/ Order |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Trade Smart - Account Opening & AMC Charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 | ₹300 ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Trade Smart - Brokerage charges & Plans
| ICICI Direct | Trade Smart | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.007% or ₹15/ Order |
| Currency Futures | ₹20/ Order | 0.007% or ₹15/ Order |
| Equity Delivery | ₹0.09% | 0.07% or ₹15/ Order |
| Equity Options | ₹20/ Order | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹20/ Order | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹20/ Order | 0.007% or ₹15/ Order |
| Currency Options | ₹20/ Order | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order | 0.007% or ₹15/ Order |
ICICI Direct Vs Trade Smart - Other Charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹750/Order |
| Call & Trade Charges | ₹50/ Order | ₹20/Order + brokerage commission |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
ICICI Direct Vs Trade Smart - Transaction Charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | 0.06% |
| Equity Futures | NSE: 0.002% | 0.0024% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.0035% |
| Equity Options | NSE: 0.053% | 0.0715% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.0039% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | 0.00165% |
| Equity Delivery | 0.00345% trade on buy & sell | 0.0035% |
ICICI Direct Vs Trade Smart - Margin (Exposure)
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 (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 Trade Smart - Features
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Trade Smart - Review & Rating
| ICICI Direct | Trade Smart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Trade Smart - Request a call back from Broker
| ICICI Direct | Trade Smart | |
|---|---|---|
ICICI Direct Vs Trade Smart - Investment Options
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Order Type
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Research & Report
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Daily Market Report
| ICICI Direct | Trade Smart | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Trade Smart - Suitable For Investor
| ICICI Direct | Trade Smart | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Trade Smart - Pros & Cons
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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.It provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. |
| 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.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. |
ICICI Direct Vs Trade Smart - Background
| ICICI Direct | Trade Smart | |
|---|---|---|
ICICI Direct Vs Trade Smart - Compare All Brokers
| ICICI Direct | Trade Smart | |
|---|---|---|
ICICI Direct Vs Trade Smart - STT/CTT
| ICICI Direct | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (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% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs Trade Smart - Demat transaction charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹15 + Gst per scrip per day only on sell |
ICICI Direct Vs Trade Smart - GST
| ICICI Direct | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
ICICI Direct Vs Trade Smart - SEBI Charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Trade Smart - Account Opening & AMC Charges
ICICI Direct
Trade Smart
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
₹300 ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Trade Smart
| ICICI Direct | Trade Smart | |
|---|---|---|
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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TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. |
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Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
ICICI Direct Vs Trade Smart - Brokerage charges & Plans
| ICICI Direct | Trade Smart | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.007% or ₹15/ Order |
| Currency Futures | ₹20/ Order | 0.007% or ₹15/ Order |
| Equity Delivery | ₹0.09% | 0.07% or ₹15/ Order |
| Equity Options | ₹20/ Order | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹20/ Order | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹20/ Order | 0.007% or ₹15/ Order |
| Currency Options | ₹20/ Order | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order | 0.007% or ₹15/ Order |
| Call Back Open Account |
ICICI Direct Vs Trade Smart - Margin (Exposure)
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 (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 Trade Smart - Other Charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹750/Order |
| Call & Trade Charges | ₹50/ Order | ₹20/Order + brokerage commission |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
ICICI Direct Vs Trade Smart - STT/CTT
| ICICI Direct | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (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% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs Trade Smart - Demat transaction charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹15 + Gst per scrip per day only on sell |
ICICI Direct Vs Trade Smart - GST
| ICICI Direct | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
ICICI Direct Vs Trade Smart - SEBI Charges
| ICICI Direct | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Trade Smart - Features
| ICICI Direct | Trade Smart | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |