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Comparision (Finvasia VS ICICI Direct)

 

Finvasia Vs ICICI Direct

Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages

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.

Finvasia Vs ICICI Direct - Broker Details

Finvasia ICICI Direct
Single Margin Facility
Year of Incorporation 2012 1995
Exchanges NSE, BSE, MCX and NCDEX BSE and NSE.
Branches Zero 250+
Brokerage ₹0 (Free) Prime Plan: ₹900/-
Broker Type Discount Broker Full service Broker

Finvasia Vs ICICI Direct - Account Opening & AMC Charges

Finvasia 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)

Finvasia Vs ICICI Direct - Brokerage charges & Plans

Finvasia ICICI Direct
Commodity Futures ₹0 (Free) ₹20/ Order
Currency Futures ₹0 (Free) ₹20/ Order
Equity Delivery ₹0 (Free) ₹0.09%
Equity Options ₹0 (Free) ₹20/ Order
Commodity Options ₹0 (Free) ₹20/ Order
Equity Futures ₹0 (Free) ₹20/ Order
Currency Options ₹0 (Free) ₹20/ Order
Fixed Charges ₹0 (Free) ₹20/ Order
Equity Intraday ₹0 (Free) ₹20/ Order

Finvasia Vs ICICI Direct - Other Charges

Finvasia ICICI Direct
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹50/ Order
Other Brokerage Charges ₹0 (Free) Prime Plan: ₹900/-
Minimum Brokerage ₹0 (Free) ₹20/ Order

Finvasia Vs ICICI Direct - Transaction Charges

Finvasia ICICI Direct
Currency Options ₹4000/Cr of premium Exchange turnover charge: 0.04% |Clearing charge: 0.025%
Equity Futures ₹325/Cr NSE: 0.002%
Equity Intraday ₹325/Cr NSE: 0.00345% | BSE: 0.00345%
Equity Options ₹5000/Cr NSE: 0.053%
Commodity ₹260/Cr Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures ₹115/Cr Exchange turnover charge: 0.0009% | Clearing charge: 0.0004%
Equity Delivery ₹325/Cr 0.00345% trade on buy & sell

Finvasia Vs ICICI Direct - Margin (Exposure)

Finvasia ICICI Direct
Equity Options 1x (100% of NRML 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 NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML 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 NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Finvasia Vs ICICI Direct - Features

Finvasia 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund

Finvasia Vs ICICI Direct - Review & Rating

Finvasia ICICI Direct
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Finvasia Vs ICICI Direct - Request a call back from Broker

Finvasia ICICI Direct

Finvasia Vs ICICI Direct - Investment Options

Finvasia ICICI Direct
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Finvasia Vs ICICI Direct - Order Type

Finvasia ICICI Direct
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Finvasia Vs ICICI Direct - Research & Report

Finvasia ICICI Direct
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Finvasia Vs ICICI Direct - Daily Market Report

Finvasia ICICI Direct
Daily Market Reports & News

Finvasia Vs ICICI Direct - Suitable For Investor

Finvasia ICICI Direct
Casual Investor
Active Investor
Trader

Finvasia Vs ICICI Direct - Pros & Cons

Finvasia ICICI Direct
Pros 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. 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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. 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.

Finvasia Vs ICICI Direct - Background

Finvasia ICICI Direct

Finvasia Vs ICICI Direct - Compare All Brokers

Finvasia ICICI Direct

Finvasia Vs ICICI Direct - STT/CTT

Finvasia 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(on Premium) 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

Finvasia Vs ICICI Direct - Demat transaction charges

Finvasia ICICI Direct
Equity Demat Transaction Charges ₹9 + Gst per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

Finvasia Vs ICICI Direct - GST

Finvasia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Finvasia Vs ICICI Direct - SEBI Charges

Finvasia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Finvasia Vs ICICI Direct - Account Opening & AMC Charges

Finvasia
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)
 
Call Back Open Account
Call Back Open Account

Finvasia Vs ICICI Direct

Finvasia ICICI Direct
 

Finvasia Review | Brokerage Charges, Account Opening

‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited ..
+ " Vs "+ ICICI Direct
Read more..

ICICI Direct Review | Brokerage Charges, Account Opening

With 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.
 
 

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.

Finvasia Vs ICICI Direct - Brokerage charges & Plans

Finvasia ICICI Direct
Commodity Futures ₹0 (Free) ₹20/ Order
Currency Futures ₹0 (Free) ₹20/ Order
Equity Delivery ₹0 (Free) ₹0.09%
Equity Options ₹0 (Free) ₹20/ Order
Commodity Options ₹0 (Free) ₹20/ Order
Equity Futures ₹0 (Free) ₹20/ Order
Currency Options ₹0 (Free) ₹20/ Order
Fixed Charges ₹0 (Free) ₹20/ Order
Equity Intraday ₹0 (Free) ₹20/ Order
Call Back Open Account Call Back Open Account

Finvasia Vs ICICI Direct - Margin (Exposure)

Finvasia ICICI Direct
Equity Options 1x (100% of NRML 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 NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML 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 NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Finvasia Vs ICICI Direct - Other Charges

Finvasia ICICI Direct
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹50/ Order
Other Brokerage Charges ₹0 (Free) Prime Plan: ₹900/-
Minimum Brokerage ₹0 (Free) ₹20/ Order

Finvasia Vs ICICI Direct - STT/CTT

Finvasia 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(on Premium) 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

Finvasia Vs ICICI Direct - Demat transaction charges

Finvasia ICICI Direct
Equity Demat Transaction Charges ₹9 + Gst per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

Finvasia Vs ICICI Direct - GST

Finvasia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Finvasia Vs ICICI Direct - SEBI Charges

Finvasia ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Finvasia Vs ICICI Direct - Features

Finvasia 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Finvasia

ICICI Direct