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Comparision (Sharekhan VS ICICI Direct)

 

Sharekhan Vs ICICI Direct

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.


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.

Sharekhan Vs ICICI Direct - Broker Details

Sharekhan ICICI Direct
Single Margin Facility
Year of Incorporation 2000 1995
Exchanges NSE, BSE, MCX and NCDEX. BSE and NSE.
Branches 160+ 250+
Brokerage 0.10% Prime Plan: ₹900
Broker Type Discount Broker Full service Broker
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Sharekhan Vs ICICI Direct - Account Opening & AMC Charges

Sharekhan ICICI Direct
Trading Account Opening Charge Rs.0 (Free) Rs.0 (Free)
Demat Account Opening Charge Rs.0 (Free) Rs.0 (Free)
Demat Account AMC Rs.400 (Free for 1st year) ₹700 (From 2nd Year)
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Sharekhan Vs ICICI Direct - Brokerage charges & Plans

Sharekhan ICICI Direct
Commodity Futures 0.03% NA
Currency Futures 0.10% I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0
Equity Delivery 0.50% I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Equity Options Rs.50 per lot I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0
Commodity Options 0.03% NA
Equity Futures 0.10% I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25%
Currency Options Rs.30 per lot I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0
Fixed Charges Rs.1,00,000 per year Prime Plan: ₹900
Equity Intraday 0.10% I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
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Sharekhan Vs ICICI Direct - Other Charges

Sharekhan ICICI Direct
RMS Square Off Charge - -
API Charges TradeTiger API at no extra cost.
Call & Trade Charges Rs.0 (free) Rs.25/per order
Other Brokerage Charges Rs.1,00,000 per year Prime Plan: ₹900
Minimum Brokerage 0.10% Rs.20/order
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Sharekhan Vs ICICI Direct - Transaction Charges

Sharekhan ICICI Direct
Currency Options NSE ₹4220 per Cr (0.04220%)| MCX ₹3220 per Cr (0.03220%) (on premium) ₹5000 per Cr. (0.05) (On Premium)
Equity Futures NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side ₹180 per Cr (0.0018%)
Equity Intraday NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side)
Equity Options NSE ₹5000 per Cr (0.05%)| BSE ₹50 per Cr (0.0005%) (on premium) ₹5000 per Cr (0.05%) (On premium)
Commodity MCX (Non Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) NA
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) ₹120 per Cr (0.0012%)
Equity Delivery NSE ₹325 per Cr (0.00325%)| BSE ₹275 per Cr (0.00275%) (each side) NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side)
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Sharekhan Vs ICICI Direct - Margin (Exposure)

Sharekhan ICICI Direct
Equity Options 1 time (SPAN + Exposure) 2 times for shorting
Equity Intraday Up to 10 times Up to 25 times
Currency Options NA NA
Commodity Options NA NA
Commodity Futures Up to 2 times for Intraday NA
Equity Delivery Up to 5 times with 24% interest per year 5 times with Interest
Currency Futures NA NA
Equity Futures 2 time for Intraday 4 times
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Sharekhan Vs ICICI Direct - Features

Sharekhan 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 Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:30 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 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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Sharekhan Vs ICICI Direct - Review & Rating

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

Sharekhan ICICI Direct
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Sharekhan Vs ICICI Direct - Investment Options

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

Sharekhan ICICI Direct
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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Sharekhan Vs ICICI Direct - Research & Report

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

Sharekhan ICICI Direct
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Sharekhan Vs ICICI Direct - Suitable For Investor

Sharekhan ICICI Direct
Casual Investor
Active Investor
Trader
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Sharekhan Vs ICICI Direct - Pros & Cons

Sharekhan ICICI Direct
Pros 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. 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 offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3. It charges a minimum brokerage fee of 10 paisa per stock and would not allow you to trade in stocks below ₹20. 4. The customers who hold Classic account are unable to trade in Commodities. 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.
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Sharekhan Vs ICICI Direct - Background

Sharekhan ICICI Direct
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Sharekhan Vs ICICI Direct - Compare All Brokers

Sharekhan ICICI Direct
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Sharekhan Vs ICICI Direct - Account Opening & AMC Charges

Sharekhan
ICICI Direct
Trading Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account AMC
Rs.400 (Free for 1st year)
₹700 (From 2nd Year)
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

Sharekhan Vs ICICI Direct

Sharekhan ICICI Direct
 

Sharekhan NRI Account Opening, Charges, Services Review

Sharekhan is one of the largest stock brokers in India and is ranked as 3rd among the most famous stock broker. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. It provides services to all kinds of customers ..
+ " Vs "+ ICICI Direct

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 ..
 
 

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.

Sharekhan Vs ICICI Direct - Brokerage charges & Plans

Sharekhan ICICI Direct
Commodity Futures 0.03% NA
Currency Futures 0.10% I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0
Equity Delivery 0.50% I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Equity Options Rs.50 per lot I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0
Commodity Options 0.03% NA
Equity Futures 0.10% I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25%
Currency Options Rs.30 per lot I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0
Fixed Charges Rs.1,00,000 per year Prime Plan: ₹900
Equity Intraday 0.10% I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Enquiry with Sharekhan   Open Account Enquiry with ICICI Direct   Open Account

Sharekhan Vs ICICI Direct - Margin (Exposure)

Sharekhan ICICI Direct
Equity Options 1 time (SPAN + Exposure) 2 times for shorting
Equity Intraday Up to 10 times Up to 25 times
Currency Options NA NA
Commodity Options NA NA
Commodity Futures Up to 2 times for Intraday NA
Equity Delivery Up to 5 times with 24% interest per year 5 times with Interest
Currency Futures NA NA
Equity Futures 2 time for Intraday 4 times
Enquiry with Sharekhan   Open Account Enquiry with ICICI Direct   Open Account

Sharekhan Vs ICICI Direct - Other Charges

Sharekhan ICICI Direct
RMS Square Off Charge - -
API Charges TradeTiger API at no extra cost.
Call & Trade Charges Rs.0 (free) Rs.25/per order
Other Brokerage Charges Rs.1,00,000 per year Prime Plan: ₹900
Minimum Brokerage 0.10% Rs.20/order
Enquiry with Sharekhan   Open Account Enquiry with ICICI Direct   Open Account

Sharekhan Vs ICICI Direct - Features

Sharekhan 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 Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:30 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Sharekhan   Open Account Enquiry with ICICI Direct   Open Account