Definedge Securities Vs ICICI Direct
Definedge Securities
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.
Definedge Securities Vs ICICI Direct - Broker Details
| Definedge Securities | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2015 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE and NSE. |
| Branches | 270 | 250+ |
| Brokerage | ₹18 per executed order | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
Definedge Securities Vs ICICI Direct - Account Opening & AMC Charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs ICICI Direct - Brokerage charges & Plans
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Equity Delivery | ₹0 (Free) | ₹0.09% |
| Equity Options | ₹18 per executed order | ₹20/ Order |
| Commodity Options | ₹18 per executed order | ₹20/ Order |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Options | ₹18 per executed order | ₹20/ Order |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order |
Definedge Securities Vs ICICI Direct - Other Charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | ₹50/ Order |
| Other Brokerage Charges | ₹18 per executed order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs ICICI Direct - Transaction Charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: 0.002% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: 0.053% |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | 0.00345% trade on buy & sell |
Definedge Securities Vs ICICI Direct - Margin (Exposure)
| Definedge Securities | 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) |
Definedge Securities Vs ICICI Direct - Features
| Definedge 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 | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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Definedge Securities Vs ICICI Direct - Review & Rating
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Definedge Securities Vs ICICI Direct - Request a call back from Broker
| Definedge Securities | ICICI Direct | |
|---|---|---|
Definedge Securities Vs ICICI Direct - Investment Options
| Definedge Securities | ICICI Direct | |
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| 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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Definedge Securities Vs ICICI Direct - Order Type
| Definedge 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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Definedge Securities Vs ICICI Direct - Research & Report
| Definedge Securities | ICICI Direct | |
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| 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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Definedge Securities Vs ICICI Direct - Daily Market Report
| Definedge Securities | ICICI Direct | |
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| Daily Market Reports & News |
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Definedge Securities Vs ICICI Direct - Suitable For Investor
| Definedge Securities | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Definedge Securities Vs ICICI Direct - Pros & Cons
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 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. |
Definedge Securities Vs ICICI Direct - Background
| Definedge Securities | ICICI Direct | |
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Definedge Securities Vs ICICI Direct - Compare All Brokers
| Definedge Securities | ICICI Direct | |
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Definedge Securities Vs ICICI Direct - STT/CTT
| Definedge Securities | 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 the sell Side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% on sell Side | 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 | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Definedge Securities Vs ICICI Direct - Demat transaction charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Definedge Securities Vs ICICI Direct - GST
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Definedge Securities Vs ICICI Direct - SEBI Charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs ICICI Direct - Account Opening & AMC Charges
Definedge Securities
ICICI Direct
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹300 AMC
₹0 (Free)
Definedge Securities Vs ICICI Direct
| Definedge Securities | ICICI Direct | |
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Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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.
Definedge Securities Vs ICICI Direct - Brokerage charges & Plans
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Equity Delivery | ₹0 (Free) | ₹0.09% |
| Equity Options | ₹18 per executed order | ₹20/ Order |
| Commodity Options | ₹18 per executed order | ₹20/ Order |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Options | ₹18 per executed order | ₹20/ Order |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order |
| Call Back Open Account |
Definedge Securities Vs ICICI Direct - Margin (Exposure)
| Definedge Securities | 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) |
Definedge Securities Vs ICICI Direct - Other Charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | ₹50/ Order |
| Other Brokerage Charges | ₹18 per executed order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs ICICI Direct - STT/CTT
| Definedge Securities | 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 the sell Side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% on sell Side | 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 | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Definedge Securities Vs ICICI Direct - Demat transaction charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Definedge Securities Vs ICICI Direct - GST
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Definedge Securities Vs ICICI Direct - SEBI Charges
| Definedge Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs ICICI Direct - Features
| Definedge 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 | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 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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