Gill Broking Vs ICICI Direct
Gill Broking
Gill Broking 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.
Gill Broking Vs ICICI Direct - Broker Details
| Gill Broking | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2017 | 1995 |
| Exchanges | NSE, BSE and MCX | BSE and NSE. |
| Branches | 70+ | 250+ |
| Brokerage | ₹13 per order | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
Gill Broking Vs ICICI Direct - Account Opening & AMC Charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) only for First Year | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Gill Broking Vs ICICI Direct - Brokerage charges & Plans
| Gill Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹13 per order | ₹20/ Order |
| Currency Futures | ₹13 per order | ₹20/ Order |
| Equity Delivery | ₹13 per order | ₹0.09% |
| Equity Options | ₹13 per order | ₹20/ Order |
| Commodity Options | ₹13 per order | ₹20/ Order |
| Equity Futures | ₹13 per order | ₹20/ Order |
| Currency Options | ₹13 per order | ₹20/ Order |
| Fixed Charges | ₹13 per order | ₹20/ Order |
| Equity Intraday | ₹13 per order | ₹20/ Order |
Gill Broking Vs ICICI Direct - Other Charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | ₹50/ Order |
| Other Brokerage Charges | ₹13 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹13 per order | ₹20/ Order |
Gill Broking Vs ICICI Direct - Transaction Charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| Currency Options | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: 0.002% |
| Equity Intraday | Rate 0.00345% Of Total Turnover value | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: 0.053% |
| Commodity | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% (Currency Futures) NSE: 0.035% (Currency Options) | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% (Equity Delivery) BSE: 0.00300% (Equity Delivery) | 0.00345% trade on buy & sell |
Gill Broking Vs ICICI Direct - Margin (Exposure)
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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) |
Gill Broking Vs ICICI Direct - Features
| Gill Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Gill Broking Vs ICICI Direct - Review & Rating
| Gill Broking | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Gill Broking Vs ICICI Direct - Request a call back from Broker
| Gill Broking | ICICI Direct | |
|---|---|---|
Gill Broking Vs ICICI Direct - Investment Options
| Gill Broking | ICICI Direct | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Gill Broking Vs ICICI Direct - Order Type
| Gill Broking | 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 |
|
|
Gill Broking Vs ICICI Direct - Research & Report
| Gill Broking | ICICI Direct | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Gill Broking Vs ICICI Direct - Daily Market Report
| Gill Broking | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
|
|
Gill Broking Vs ICICI Direct - Suitable For Investor
| Gill Broking | ICICI Direct | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Gill Broking Vs ICICI Direct - Pros & Cons
| Gill Broking | ICICI Direct | |
|---|---|---|
| Pros | 1. User-friendly online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. | 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 international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees | 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. |
Gill Broking Vs ICICI Direct - Background
| Gill Broking | ICICI Direct | |
|---|---|---|
Gill Broking Vs ICICI Direct - Compare All Brokers
| Gill Broking | ICICI Direct | |
|---|---|---|
Gill Broking Vs ICICI Direct - STT/CTT
| Gill Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 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 the sell side | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on the sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell side | 0.05% on sell side |
Gill Broking Vs ICICI Direct - Demat transaction charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Gill Broking Vs ICICI Direct - GST
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Gill Broking Vs ICICI Direct - SEBI Charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gill Broking Vs ICICI Direct - Account Opening & AMC Charges
Gill Broking
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) only for First Year
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Gill Broking Vs ICICI Direct
| Gill Broking | ICICI Direct | |
|---|---|---|
Gill Broking Review | Account Opening 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.
|
|
|
|
|
|
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.
Gill Broking Vs ICICI Direct - Brokerage charges & Plans
| Gill Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹13 per order | ₹20/ Order |
| Currency Futures | ₹13 per order | ₹20/ Order |
| Equity Delivery | ₹13 per order | ₹0.09% |
| Equity Options | ₹13 per order | ₹20/ Order |
| Commodity Options | ₹13 per order | ₹20/ Order |
| Equity Futures | ₹13 per order | ₹20/ Order |
| Currency Options | ₹13 per order | ₹20/ Order |
| Fixed Charges | ₹13 per order | ₹20/ Order |
| Equity Intraday | ₹13 per order | ₹20/ Order |
| Call Back Open Account |
Gill Broking Vs ICICI Direct - Margin (Exposure)
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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) |
Gill Broking Vs ICICI Direct - Other Charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | ₹50/ Order |
| Other Brokerage Charges | ₹13 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹13 per order | ₹20/ Order |
Gill Broking Vs ICICI Direct - STT/CTT
| Gill Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 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 the sell side | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on the sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on the sell side | 0.05% on sell side |
Gill Broking Vs ICICI Direct - Demat transaction charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Gill Broking Vs ICICI Direct - GST
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Gill Broking Vs ICICI Direct - SEBI Charges
| Gill Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gill Broking Vs ICICI Direct - Features
| Gill Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|