Arch Finance Vs ICICI Direct
Arch Finance
Arch Finance Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Arch Finance Vs ICICI Direct - Broker Details
| Arch Finance | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 1995 | 1995 |
| Exchanges | NSE, BSE, MCX, NSDL, and CDSL | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | Negotiable | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
Arch Finance Vs ICICI Direct - Account Opening & AMC Charges
| Arch Finance | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹250 | ₹0 (Free) |
| Demat Account Opening Charge | ₹250 | ₹0 (Free) |
| Demat Account AMC | ₹300 per annum | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹300 per annum | ₹0 (Free) |
Arch Finance Vs ICICI Direct - Brokerage charges & Plans
| Arch Finance | ICICI Direct | |
|---|---|---|
| Commodity Futures | Negotiable | ₹20/ Order |
| Currency Futures | Negotiable | ₹20/ Order |
| Equity Delivery | Negotiable | ₹0.09% |
| Equity Options | Negotiable | ₹20/ Order |
| Commodity Options | Negotiable | ₹20/ Order |
| Equity Futures | Negotiable | ₹20/ Order |
| Currency Options | Negotiable | ₹20/ Order |
| Fixed Charges | Negotiable | ₹20/ Order |
| Equity Intraday | Negotiable | ₹20/ Order |
Arch Finance Vs ICICI Direct - Other Charges
| Arch Finance | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | Negotiable | Prime Plan: ₹900/- |
| Minimum Brokerage | Negotiable | ₹20/ Order |
Arch Finance Vs ICICI Direct - Transaction Charges
| Arch Finance | 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: 0.053% (On Premium) | NSE: 0.053% |
| Commodity | (0.0026%) NCDEX - (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 |
Arch Finance Vs ICICI Direct - Margin (Exposure)
| Arch Finance | 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) |
Arch Finance Vs ICICI Direct - Features
| Arch Finance | 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:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Smart Nivesh, 2. Arch Web 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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Arch Finance Vs ICICI Direct - Review & Rating
| Arch Finance | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Arch Finance Vs ICICI Direct - Request a call back from Broker
| Arch Finance | ICICI Direct | |
|---|---|---|
Arch Finance Vs ICICI Direct - Investment Options
| Arch Finance | 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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Arch Finance Vs ICICI Direct - Order Type
| Arch Finance | 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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Arch Finance Vs ICICI Direct - Research & Report
| Arch Finance | 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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Arch Finance Vs ICICI Direct - Daily Market Report
| Arch Finance | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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Arch Finance Vs ICICI Direct - Suitable For Investor
| Arch Finance | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Arch Finance Vs ICICI Direct - Pros & Cons
| Arch Finance | ICICI Direct | |
|---|---|---|
| Pros | 1.They provide intraday reports and historical charting 2. Client Focus: Prioritizes understanding and addressing client requirements.3.Bonanza automatically sends listings to Bing and Google Shopping. 4. Transparency: Clear communication about fees, terms, and conditions. | 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.Costs: Fees for their specialized services could be higher compared to more general finances for their specialized services could be higher compared to more general financial institutions.Bonanza has limited options for customizing layouts for specific listings | 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. |
Arch Finance Vs ICICI Direct - Background
| Arch Finance | ICICI Direct | |
|---|---|---|
Arch Finance Vs ICICI Direct - Compare All Brokers
| Arch Finance | ICICI Direct | |
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Arch Finance Vs ICICI Direct - STT/CTT
| Arch Finance | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
Arch Finance Vs ICICI Direct - Demat transaction charges
| Arch Finance | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Arch Finance Vs ICICI Direct - GST
| Arch Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Arch Finance Vs ICICI Direct - SEBI Charges
| Arch Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Arch Finance Vs ICICI Direct - Account Opening & AMC Charges
Arch Finance
ICICI Direct
Trading Account Opening Charge
₹250
₹0 (Free)
Demat Account Opening Charge
₹250
₹0 (Free)
Demat Account AMC
₹300 per annum
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹300 per annum
₹0 (Free)
Arch Finance Vs ICICI Direct
| Arch Finance | ICICI Direct | |
|---|---|---|
Arch Finance Review | Account Charges, Trading Platforms, and Benefits |
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.
Arch Finance Vs ICICI Direct - Brokerage charges & Plans
| Arch Finance | ICICI Direct | |
|---|---|---|
| Commodity Futures | Negotiable | ₹20/ Order |
| Currency Futures | Negotiable | ₹20/ Order |
| Equity Delivery | Negotiable | ₹0.09% |
| Equity Options | Negotiable | ₹20/ Order |
| Commodity Options | Negotiable | ₹20/ Order |
| Equity Futures | Negotiable | ₹20/ Order |
| Currency Options | Negotiable | ₹20/ Order |
| Fixed Charges | Negotiable | ₹20/ Order |
| Equity Intraday | Negotiable | ₹20/ Order |
| Call Back Open Account |
Arch Finance Vs ICICI Direct - Margin (Exposure)
| Arch Finance | 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) |
Arch Finance Vs ICICI Direct - Other Charges
| Arch Finance | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | Negotiable | Prime Plan: ₹900/- |
| Minimum Brokerage | Negotiable | ₹20/ Order |
Arch Finance Vs ICICI Direct - STT/CTT
| Arch Finance | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
Arch Finance Vs ICICI Direct - Demat transaction charges
| Arch Finance | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Arch Finance Vs ICICI Direct - GST
| Arch Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Arch Finance Vs ICICI Direct - SEBI Charges
| Arch Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Arch Finance Vs ICICI Direct - Features
| Arch Finance | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Smart Nivesh, 2. Arch Web 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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