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Comparision (ICICI Direct VS mStock)

 

ICICI Direct Vs mStock

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.


mStock
mStock 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 mStock - Broker Details

ICICI Direct mStock
Single Margin Facility
Year of Incorporation 1995 2022
Exchanges BSE and NSE. NSE, BSE and MCX
Branches 250+ N/A
Brokerage Prime Plan: ₹900/- ₹0
Broker Type Full service Broker Discount Broker

ICICI Direct Vs mStock - Account Opening & AMC Charges

ICICI Direct mStock
Trading Account Opening Charge ₹0 (Free) ₹149 or ₹999
Demat Account Opening Charge ₹0 (Free) ₹149 or ₹999
Demat Account AMC ₹700 (From 2nd Year) | ₹300 for Neo Customers ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC ₹0 (Free) ₹149 or ₹999 + ₹999 (One time AMC)

ICICI Direct Vs mStock - Brokerage charges & Plans

ICICI Direct mStock
Commodity Futures ₹20/ Order ₹0
Currency Futures ₹20/ Order ₹0
Equity Delivery ₹0.09% ₹0
Equity Options ₹20/ Order ₹0
Commodity Options ₹20/ Order ₹0
Equity Futures ₹20/ Order ₹0
Currency Options ₹20/ Order ₹0
Fixed Charges ₹20/ Order ₹0
Equity Intraday ₹20/ Order ₹0

ICICI Direct Vs mStock - Other Charges

ICICI Direct mStock
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹50/ Order ₹0 (Free)
Other Brokerage Charges Prime Plan: ₹900/- ₹0 (Free)
Minimum Brokerage ₹20/ Order ₹0 (Free)

ICICI Direct Vs mStock - Transaction Charges

ICICI Direct mStock
Currency Options Exchange turnover charge: 0.04% |Clearing charge: 0.025% NSE: Exchange txn charge: 0.035%
Equity Futures NSE: 0.002% NSE: 0.0019%
Equity Intraday NSE: 0.00345% | BSE: 0.00345% BSE: 0.00375% | NSE: 0.00325%
Equity Options NSE: 0.053% NSE: 0.050%
Commodity Non-Agri: Exchange turnover charge: 0.0026% Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%)
Currency Futures Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% NSE: Exchange txn charge: 0.0009%
Equity Delivery 0.00345% trade on buy & sell BSE: 0.00375% | NSE: 0.00325%

ICICI Direct Vs mStock - Margin (Exposure)

ICICI Direct mStock
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 mStock - Features

ICICI Direct mStock
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. Mstock Mobile App, 2. Mstock Web Portal
SMS Alerts for Trades
Direct Mutual Fund

ICICI Direct Vs mStock - Review & Rating

ICICI Direct mStock
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

ICICI Direct Vs mStock - Request a call back from Broker

ICICI Direct mStock

ICICI Direct Vs mStock - Investment Options

ICICI Direct mStock
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

ICICI Direct Vs mStock - Order Type

ICICI Direct mStock
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

ICICI Direct Vs mStock - Research & Report

ICICI Direct mStock
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

ICICI Direct Vs mStock - Daily Market Report

ICICI Direct mStock
Daily Market Reports & News

ICICI Direct Vs mStock - Suitable For Investor

ICICI Direct mStock
Casual Investor
Active Investor
Trader

ICICI Direct Vs mStock - Pros & Cons

ICICI Direct mStock
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 charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available.
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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee.

ICICI Direct Vs mStock - Background

ICICI Direct mStock

ICICI Direct Vs mStock - Compare All Brokers

ICICI Direct mStock

ICICI Direct Vs mStock - STT/CTT

ICICI Direct mStock
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 both Buy and 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 mStock - Demat transaction charges

ICICI Direct mStock
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹12 + Gst per scrip only on sell

ICICI Direct Vs mStock - GST

ICICI Direct mStock
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (brokerage + transaction charges + SEBI charges)

ICICI Direct Vs mStock - SEBI Charges

ICICI Direct mStock
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10 / crore

ICICI Direct Vs mStock - Account Opening & AMC Charges

ICICI Direct
mStock
Trading Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC
₹0 (Free)
₹149 or ₹999 + ₹999 (One time AMC)

ICICI Direct Vs mStock

ICICI Direct mStock
 

ICICI Direct Review | Brokerage Charges, Account Opening

With 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.

mStock Review 2024

mStock ..

 
 

mStock
mStock 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 mStock - Brokerage charges & Plans

ICICI Direct mStock
Commodity Futures ₹20/ Order ₹0
Currency Futures ₹20/ Order ₹0
Equity Delivery ₹0.09% ₹0
Equity Options ₹20/ Order ₹0
Commodity Options ₹20/ Order ₹0
Equity Futures ₹20/ Order ₹0
Currency Options ₹20/ Order ₹0
Fixed Charges ₹20/ Order ₹0
Equity Intraday ₹20/ Order ₹0
Call Back Open Account Call Back Open Account

ICICI Direct Vs mStock - Margin (Exposure)

ICICI Direct mStock
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 mStock - Other Charges

ICICI Direct mStock
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹50/ Order ₹0 (Free)
Other Brokerage Charges Prime Plan: ₹900/- ₹0 (Free)
Minimum Brokerage ₹20/ Order ₹0 (Free)

ICICI Direct Vs mStock - STT/CTT

ICICI Direct mStock
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 both Buy and 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 mStock - Demat transaction charges

ICICI Direct mStock
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹12 + Gst per scrip only on sell

ICICI Direct Vs mStock - GST

ICICI Direct mStock
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (brokerage + transaction charges + SEBI charges)

ICICI Direct Vs mStock - SEBI Charges

ICICI Direct mStock
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10 / crore

ICICI Direct Vs mStock - Features

ICICI Direct mStock
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. Mstock Mobile App, 2. Mstock Web Portal
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct

mStock