Achintya Vs ICICI Direct
Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities 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 Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Achintya Vs ICICI Direct - Broker Details
| Achintya | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2004 | 1995 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE and NSE. |
| Branches | 10 | 250+ |
| Brokerage | As per Brokerage Plan | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
Achintya Vs ICICI Direct - Account Opening & AMC Charges
| Achintya | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) First Year Free | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) First Year Free | ₹0 (Free) |
Achintya Vs ICICI Direct - Brokerage charges & Plans
| Achintya | ICICI Direct | |
|---|---|---|
| Commodity Futures | As per Brokerage Plan | ₹20/ Order |
| Currency Futures | As per Brokerage Plan | ₹20/ Order |
| Equity Delivery | As per Brokerage Plan | ₹0.09% |
| Equity Options | As per Brokerage Plan | ₹20/ Order |
| Commodity Options | As per Brokerage Plan | ₹20/ Order |
| Equity Futures | As per Brokerage Plan | ₹20/ Order |
| Currency Options | As per Brokerage Plan | ₹20/ Order |
| Fixed Charges | As per Brokerage Plan | ₹20/ Order |
| Equity Intraday | As per Brokerage Plan | ₹20/ Order |
Achintya Vs ICICI Direct - Other Charges
| Achintya | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 +GST | ₹50/ Order |
| Other Brokerage Charges | As per Brokerage Plan | Prime Plan: ₹900/- |
| Minimum Brokerage | As per Brokerage Plan | ₹20/ Order |
Achintya Vs ICICI Direct - Transaction Charges
| Achintya | ICICI Direct | |
|---|---|---|
| Currency Options | NSE: 0.035% | BSE: 0.001% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0021% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.052% (On Premium) | NSE: 0.053% |
| Commodity | Futures - Exchange Txn Charges:0.0026% | Options - Exchange Txn Charges:0.006% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | 0.00345% trade on buy & sell |
Achintya Vs ICICI Direct - Margin (Exposure)
| Achintya | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Achintya Vs ICICI Direct - Features
| Achintya | 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 | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. | 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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Achintya Vs ICICI Direct - Review & Rating
| Achintya | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Achintya Vs ICICI Direct - Request a call back from Broker
| Achintya | ICICI Direct | |
|---|---|---|
Achintya Vs ICICI Direct - Investment Options
| Achintya | ICICI Direct | |
|---|---|---|
| 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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Achintya Vs ICICI Direct - Order Type
| Achintya | 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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Achintya Vs ICICI Direct - Research & Report
| Achintya | 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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Achintya Vs ICICI Direct - Daily Market Report
| Achintya | ICICI Direct | |
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| Daily Market Reports & News |
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Achintya Vs ICICI Direct - Suitable For Investor
| Achintya | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Achintya Vs ICICI Direct - Pros & Cons
| Achintya | ICICI Direct | |
|---|---|---|
| Pros | 1. Experienced team of financial experts, 2. Diverse investment options, 3. Strong track record of performance, 4. Excellent customer service, 5.Advanced trading platforms. | 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. |
| Cons | 1. Limited presence in certain geographical regions, 2. Higher fees and charges compared to some competitors, 3. Potential dependency on market fluctuations, 4. Limited range of investment products compared to larger firms. | 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. |
Achintya Vs ICICI Direct - Background
| Achintya | ICICI Direct | |
|---|---|---|
Achintya Vs ICICI Direct - Compare All Brokers
| Achintya | ICICI Direct | |
|---|---|---|
Achintya Vs ICICI Direct - STT/CTT
| Achintya | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell Side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.0625% on Sell Side (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Achintya Vs ICICI Direct - Demat transaction charges
| Achintya | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Achintya Vs ICICI Direct - GST
| Achintya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Achintya Vs ICICI Direct - SEBI Charges
| Achintya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / Crore | ₹10/Crore |
Achintya Vs ICICI Direct - Account Opening & AMC Charges
Achintya
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) First Year Free
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free) First Year Free
₹0 (Free)
Achintya Vs ICICI Direct
| Achintya | ICICI Direct | |
|---|---|---|
Achintya Securities Account Opening Charges and Process Details |
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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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.
Achintya Vs ICICI Direct - Brokerage charges & Plans
| Achintya | ICICI Direct | |
|---|---|---|
| Commodity Futures | As per Brokerage Plan | ₹20/ Order |
| Currency Futures | As per Brokerage Plan | ₹20/ Order |
| Equity Delivery | As per Brokerage Plan | ₹0.09% |
| Equity Options | As per Brokerage Plan | ₹20/ Order |
| Commodity Options | As per Brokerage Plan | ₹20/ Order |
| Equity Futures | As per Brokerage Plan | ₹20/ Order |
| Currency Options | As per Brokerage Plan | ₹20/ Order |
| Fixed Charges | As per Brokerage Plan | ₹20/ Order |
| Equity Intraday | As per Brokerage Plan | ₹20/ Order |
| Call Back Open Account |
Achintya Vs ICICI Direct - Margin (Exposure)
| Achintya | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Achintya Vs ICICI Direct - Other Charges
| Achintya | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 +GST | ₹50/ Order |
| Other Brokerage Charges | As per Brokerage Plan | Prime Plan: ₹900/- |
| Minimum Brokerage | As per Brokerage Plan | ₹20/ Order |
Achintya Vs ICICI Direct - STT/CTT
| Achintya | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell Side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.0625% on Sell Side (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Achintya Vs ICICI Direct - Demat transaction charges
| Achintya | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Achintya Vs ICICI Direct - GST
| Achintya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Achintya Vs ICICI Direct - SEBI Charges
| Achintya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / Crore | ₹10/Crore |
Achintya Vs ICICI Direct - Features
| Achintya | 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 | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. | 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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