Reliance Securities Vs ICICI Direct
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Reliance Securities Vs ICICI Direct - Broker Details
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Single Margin Facility | ||
| Year of Incorporation | 2005 | 1995 |
| Exchanges | NSE, BSE&MCX-SX, NCDEX, NMCE | BSE and NSE. |
| Branches | 1460+ | 250+ |
| Brokerage | 0.04% | Prime Plan: ₹900 |
| Broker Type | Full service Broker | Full service Broker |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Account Opening & AMC Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | Rs.0 (Free) | |
| Demat Account Opening Charge | Rs.0 (Free) | |
| Demat Account AMC | 2500/- life time free | ₹700 (From 2nd Year) |
| Trading Account AMC | 2500/- life time free | Rs.0 (Free) |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Brokerage charges & Plans
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.04% | NA |
| Currency Futures | 0.04% | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 |
| Equity Delivery | 0.4% | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Equity Options | Rs.100 per lot | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 |
| Commodity Options | Rs.100 per lot | NA |
| Equity Futures | 0.04% | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% |
| Currency Options | Rs.100 per lot | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 |
| Fixed Charges | 0.04% | Prime Plan: ₹900 |
| Equity Intraday | 0.4% | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Other Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | |
| API Charges | ||
| Call & Trade Charges | Rs.25/per order | |
| Other Brokerage Charges | 0.04% | Prime Plan: ₹900 |
| Minimum Brokerage | 0.04% | Rs.20/order |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Transaction Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Currency Options | NSE: 0.04174% | ₹5000 per Cr. (0.05) (On Premium) |
| Equity Futures | NSE: 0.0009% BSE: 0.0005% | ₹180 per Cr (0.0018%) |
| Equity Intraday | NSE: 0.0032% BSE: 0.003% | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) |
| Equity Options | NSE: 0.05% BSE: 0.0005% (On premium) | ₹5000 per Cr (0.05%) (On premium) |
| Commodity | Group A: 0.0026% PEPPER - 0.00005% CASTORSEED – 0.0005% RBDPMOLEIN – 0.001% | NA |
| Currency Futures | NSE: 0.0009% | ₹120 per Cr (0.0012%) |
| Equity Delivery | NSE: 0.0032% BSE: 0.00275% | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Margin (Exposure)
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity Options | Nil | 2 times for shorting |
| Equity Intraday | Up to 10 times | Up to 25 times |
| Currency Options | NA | |
| Commodity Options | NA | NA |
| Commodity Futures | NA | NA |
| Equity Delivery | Up to 3 times with 21% interest per year | 5 times with Interest |
| Currency Futures | Nil | NA |
| Equity Futures | Up to 3 times | 4 times |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Features
| Reliance Securities | ICICI 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 | 3:30 PM | |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Review & Rating
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Request a call back from Broker
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Investment Options
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options | ||
| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Order Type
| Reliance Securities | ICICI 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 | ||
| After Market Order(AMO) |
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| STBT |
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| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Research & Report
| Reliance Securities | ICICI 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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| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Daily Market Report
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Suitable For Investor
| Reliance Securities | ICICI Direct | |
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| Casual Investor | ||
| Active Investor |
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| Trader |
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| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Pros & Cons
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Pros | 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. | 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. |
| Cons | 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. | 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. |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Background
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Compare All Brokers
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Account Opening & AMC Charges
Reliance Securities
ICICI Direct
Trading Account Opening Charge
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
Demat Account AMC
2500/- life time free
₹700 (From 2nd Year)
Trading Account AMC
2500/- life time free
Rs.0 (Free)
Reliance Securities Vs ICICI Direct
| Reliance Securities | ICICI Direct | |
|---|---|---|
Reliance Securities NRI AccountA 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 the generation, transmission and the .. + " Vs "+ ICICI Direct |
ICICI Direct NRI AccountICICI 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 institutional customers.
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ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Reliance Securities Vs ICICI Direct - Brokerage charges & Plans
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.04% | NA |
| Currency Futures | 0.04% | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 |
| Equity Delivery | 0.4% | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Equity Options | Rs.100 per lot | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 |
| Commodity Options | Rs.100 per lot | NA |
| Equity Futures | 0.04% | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% |
| Currency Options | Rs.100 per lot | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 |
| Fixed Charges | 0.04% | Prime Plan: ₹900 |
| Equity Intraday | 0.4% | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Margin (Exposure)
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity Options | Nil | 2 times for shorting |
| Equity Intraday | Up to 10 times | Up to 25 times |
| Currency Options | NA | |
| Commodity Options | NA | NA |
| Commodity Futures | NA | NA |
| Equity Delivery | Up to 3 times with 21% interest per year | 5 times with Interest |
| Currency Futures | Nil | NA |
| Equity Futures | Up to 3 times | 4 times |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Other Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | |
| API Charges | ||
| Call & Trade Charges | Rs.25/per order | |
| Other Brokerage Charges | 0.04% | Prime Plan: ₹900 |
| Minimum Brokerage | 0.04% | Rs.20/order |
| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |
Reliance Securities Vs ICICI Direct - Features
| Reliance Securities | ICICI Direct | |
|---|---|---|
| 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 |
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| Direct Mutual Fund |
|
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| Enquiry with Reliance Securities Open Account | Enquiry with ICICI Direct Open Account |