DPTradeKing Vs ICICI Direct
DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on 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.
DPTradeKing Vs ICICI Direct - Broker Details
| DPTradeKing | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2016 | 1995 |
| Exchanges | BSE, NSE and MCX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | 0.05% per order | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
DPTradeKing Vs ICICI Direct - Account Opening & AMC Charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
DPTradeKing Vs ICICI Direct - Brokerage charges & Plans
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.05% per order | ₹20/ Order |
| Equity Delivery | 0.50% per order | ₹0.09% |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% per order | ₹20/ Order |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.05% per order | ₹20/ Order |
| Equity Intraday | 0.05% per order | ₹20/ Order |
DPTradeKing Vs ICICI Direct - Other Charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ( ₹25 + GST) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ( ₹25 + GST) | ₹50/ Order |
| Other Brokerage Charges | 0.05% per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.05% per order | ₹20/ Order |
DPTradeKing Vs ICICI Direct - Transaction Charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Currency Options | 0.035% of Premium Value in case of Option Segment | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.002% |
| Equity Intraday | 0.00345% Of Total Turnover value | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.053% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | 0.00090% of Total Future Turnover value | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.00345% trade on buy & sell |
DPTradeKing Vs ICICI Direct - Margin (Exposure)
| DPTradeKing | 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) |
DPTradeKing Vs ICICI Direct - Features
| DPTradeKing | 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App | 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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DPTradeKing Vs ICICI Direct - Review & Rating
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
DPTradeKing Vs ICICI Direct - Request a call back from Broker
| DPTradeKing | ICICI Direct | |
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DPTradeKing Vs ICICI Direct - Investment Options
| DPTradeKing | 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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DPTradeKing Vs ICICI Direct - Order Type
| DPTradeKing | 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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DPTradeKing Vs ICICI Direct - Research & Report
| DPTradeKing | 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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DPTradeKing Vs ICICI Direct - Daily Market Report
| DPTradeKing | ICICI Direct | |
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| Daily Market Reports & News |
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DPTradeKing Vs ICICI Direct - Suitable For Investor
| DPTradeKing | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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DPTradeKing Vs ICICI Direct - Pros & Cons
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Pros | 1.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. | 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.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. | 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. |
DPTradeKing Vs ICICI Direct - Background
| DPTradeKing | ICICI Direct | |
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DPTradeKing Vs ICICI Direct - Compare All Brokers
| DPTradeKing | ICICI Direct | |
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DPTradeKing Vs ICICI Direct - STT/CTT
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell side |
DPTradeKing Vs ICICI Direct - Demat transaction charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
DPTradeKing Vs ICICI Direct - GST
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
DPTradeKing Vs ICICI Direct - SEBI Charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
DPTradeKing Vs ICICI Direct - Account Opening & AMC Charges
DPTradeKing
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
DPTradeKing Vs ICICI Direct
| DPTradeKing | ICICI Direct | |
|---|---|---|
DPTradeKing Account Opening Process and Charges 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.
DPTradeKing Vs ICICI Direct - Brokerage charges & Plans
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.05% per order | ₹20/ Order |
| Equity Delivery | 0.50% per order | ₹0.09% |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% per order | ₹20/ Order |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.05% per order | ₹20/ Order |
| Equity Intraday | 0.05% per order | ₹20/ Order |
| Call Back Open Account |
DPTradeKing Vs ICICI Direct - Margin (Exposure)
| DPTradeKing | 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) |
DPTradeKing Vs ICICI Direct - Other Charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ( ₹25 + GST) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ( ₹25 + GST) | ₹50/ Order |
| Other Brokerage Charges | 0.05% per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.05% per order | ₹20/ Order |
DPTradeKing Vs ICICI Direct - STT/CTT
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell side |
DPTradeKing Vs ICICI Direct - Demat transaction charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
DPTradeKing Vs ICICI Direct - GST
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
DPTradeKing Vs ICICI Direct - SEBI Charges
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
DPTradeKing Vs ICICI Direct - Features
| DPTradeKing | ICICI Direct | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App | 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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