ICICI Direct Vs Bajaj Finserve
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.
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Bajaj Finserve - Broker Details
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2007 |
| Exchanges | BSE and NSE. | NSE, BSE |
| Branches | 250+ | 294+ |
| Brokerage | Prime Plan: ₹900/- | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Broker Type | Full service Broker | Full Service Broker |
ICICI Direct Vs Bajaj Finserve - Account Opening & AMC Charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹199- (2nd Year Onwards) |
| Trading Account AMC | ₹0 (Free) | ₹899- per annum |
ICICI Direct Vs Bajaj Finserve - Brokerage charges & Plans
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | N/A |
| Equity Delivery | ₹0.09% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | ₹20/ Order | N/A |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
ICICI Direct Vs Bajaj Finserve - Other Charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
ICICI Direct Vs Bajaj Finserve - Transaction Charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | N/A |
| Equity Futures | NSE: 0.002% | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
| Equity Options | NSE: 0.053% | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | N/A |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | N/A |
| Equity Delivery | 0.00345% trade on buy & sell | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
ICICI Direct Vs Bajaj Finserve - Margin (Exposure)
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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) |
ICICI Direct Vs Bajaj Finserve - Features
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
| 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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ICICI Direct Vs Bajaj Finserve - Review & Rating
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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 |
ICICI Direct Vs Bajaj Finserve - Request a call back from Broker
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
ICICI Direct Vs Bajaj Finserve - Investment Options
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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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ICICI Direct Vs Bajaj Finserve - Order Type
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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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ICICI Direct Vs Bajaj Finserve - Research & Report
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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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ICICI Direct Vs Bajaj Finserve - Daily Market Report
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Bajaj Finserve - Suitable For Investor
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Bajaj Finserve - Pros & Cons
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Pros | 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. | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. |
| Cons | 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. | 1.High equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. |
ICICI Direct Vs Bajaj Finserve - Background
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
ICICI Direct Vs Bajaj Finserve - Compare All Brokers
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
ICICI Direct Vs Bajaj Finserve - STT/CTT
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the Sell Side |
| 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 buy & 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 |
ICICI Direct Vs Bajaj Finserve - Demat transaction charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹30 + GST per scrip only on sell |
ICICI Direct Vs Bajaj Finserve - GST
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + CM Charges) |
ICICI Direct Vs Bajaj Finserve - SEBI Charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Bajaj Finserve - Account Opening & AMC Charges
ICICI Direct
Bajaj Finserve
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹199- (2nd Year Onwards)
Trading Account AMC
₹0 (Free)
₹899- per annum
ICICI Direct Vs Bajaj Finserve
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
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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Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. |
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Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct Vs Bajaj Finserve - Brokerage charges & Plans
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | N/A |
| Equity Delivery | ₹0.09% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | ₹20/ Order | N/A |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Bajaj Finserve - Margin (Exposure)
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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 |
ICICI Direct Vs Bajaj Finserve - Other Charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
ICICI Direct Vs Bajaj Finserve - STT/CTT
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on the Sell Side |
| 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 buy & 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 |
ICICI Direct Vs Bajaj Finserve - Demat transaction charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹30 + GST per scrip only on sell |
ICICI Direct Vs Bajaj Finserve - GST
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + CM Charges) |
ICICI Direct Vs Bajaj Finserve - SEBI Charges
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Bajaj Finserve - Features
| ICICI Direct | Bajaj Finserve | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
| 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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| Call Back Open Account |