ICICI Direct Vs TradeSwift
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.
TradeSwift
TradeSwift 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 TradeSwift - Broker Details
| ICICI Direct | TradeSwift | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2003 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | 22 |
| Brokerage | Prime Plan: ₹900/- | 0.03% per order |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs TradeSwift - Account Opening & AMC Charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Plan A - ₹299 | Plan B - ₹299 | Plan C - ₹299 |
| Demat Account Opening Charge | ₹0 (Free) | Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | Plan A - ₹0 (Free) | Plan B - ₹250 Yearly | Plan C -₹850 Lifetime |
| Trading Account AMC | ₹0 (Free) | Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free) |
ICICI Direct Vs TradeSwift - Brokerage charges & Plans
| ICICI Direct | TradeSwift | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.3% per order |
| Currency Futures | ₹20/ Order | 0.03% per order |
| Equity Delivery | ₹0.09% | 0.3% per order |
| Equity Options | ₹20/ Order | ₹75/lot |
| Commodity Options | ₹20/ Order | ₹75/lot |
| Equity Futures | ₹20/ Order | 0.03% per order |
| Currency Options | ₹20/ Order | ₹30/lot |
| Fixed Charges | ₹20/ Order | 0.03% per order |
| Equity Intraday | ₹20/ Order | 0.03% per order |
ICICI Direct Vs TradeSwift - Other Charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.03% per order |
| Minimum Brokerage | ₹20/ Order | 0.03% per order |
ICICI Direct Vs TradeSwift - Transaction Charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE: 0.053% | NSE: 0.053% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.0026% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | 0.00345% trade on buy & sell | BSE: 0.00345% | NSE: 0.00345% |
ICICI Direct Vs TradeSwift - Margin (Exposure)
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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 TradeSwift - Features
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. TradeSwift ODIN Diet - Desktop-based trading terminal, 2. TradeSwift Mobile App, 3. TradeSwift Web Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs TradeSwift - Review & Rating
| ICICI Direct | TradeSwift | |
|---|---|---|
| Trading Brokerage | 0.03% per order | |
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs TradeSwift - Request a call back from Broker
| ICICI Direct | TradeSwift | |
|---|---|---|
ICICI Direct Vs TradeSwift - Investment Options
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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 TradeSwift - Order Type
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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 TradeSwift - Research & Report
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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 TradeSwift - Daily Market Report
| ICICI Direct | TradeSwift | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs TradeSwift - Suitable For Investor
| ICICI Direct | TradeSwift | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs TradeSwift - Pros & Cons
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| 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. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
ICICI Direct Vs TradeSwift - Background
| ICICI Direct | TradeSwift | |
|---|---|---|
ICICI Direct Vs TradeSwift - Compare All Brokers
| ICICI Direct | TradeSwift | |
|---|---|---|
ICICI Direct Vs TradeSwift - STT/CTT
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs TradeSwift - Demat transaction charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
ICICI Direct Vs TradeSwift - GST
| ICICI Direct | TradeSwift | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs TradeSwift - SEBI Charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs TradeSwift - Account Opening & AMC Charges
ICICI Direct
TradeSwift
Trading Account Opening Charge
₹0 (Free)
Plan A - ₹299 | Plan B - ₹299 | Plan C - ₹299
Demat Account Opening Charge
₹0 (Free)
Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
Plan A - ₹0 (Free) | Plan B - ₹250 Yearly | Plan C -₹850 Lifetime
Trading Account AMC
₹0 (Free)
Plan A - ₹0 (Free) | Plan B - ₹0 (Free) | Plan C -₹0 (Free)
ICICI Direct Vs TradeSwift
| ICICI Direct | TradeSwift | |
|---|---|---|
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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TradeSwift Broking Trading Software Reviews | Trading Platform Features and Details |
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TradeSwift
TradeSwift 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 TradeSwift - Brokerage charges & Plans
| ICICI Direct | TradeSwift | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.3% per order |
| Currency Futures | ₹20/ Order | 0.03% per order |
| Equity Delivery | ₹0.09% | 0.3% per order |
| Equity Options | ₹20/ Order | ₹75/lot |
| Commodity Options | ₹20/ Order | ₹75/lot |
| Equity Futures | ₹20/ Order | 0.03% per order |
| Currency Options | ₹20/ Order | ₹30/lot |
| Fixed Charges | ₹20/ Order | 0.03% per order |
| Equity Intraday | ₹20/ Order | 0.03% per order |
| Call Back Open Account |
ICICI Direct Vs TradeSwift - Margin (Exposure)
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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 TradeSwift - Other Charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.03% per order |
| Minimum Brokerage | ₹20/ Order | 0.03% per order |
ICICI Direct Vs TradeSwift - STT/CTT
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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) | 0.05% 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 | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs TradeSwift - Demat transaction charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
ICICI Direct Vs TradeSwift - GST
| ICICI Direct | TradeSwift | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs TradeSwift - SEBI Charges
| ICICI Direct | TradeSwift | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs TradeSwift - Features
| ICICI Direct | TradeSwift | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. TradeSwift ODIN Diet - Desktop-based trading terminal, 2. TradeSwift Mobile App, 3. TradeSwift Web Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |