ICICI Direct Vs Maitra
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.
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ICICI Direct Vs Maitra - Broker Details
| ICICI Direct | Maitra | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2012 |
| Exchanges | BSE and NSE. | NSE, BSE and MCX |
| Branches | 250+ | N/A |
| Brokerage | Prime Plan: ₹900/- | ₹5/Lot Or ₹20/Order |
| Broker Type | Full service Broker | Full Service Broker |
ICICI Direct Vs Maitra - Account Opening & AMC Charges
| ICICI Direct | Maitra | |
|---|---|---|
| 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 | ₹400 + 18% GST |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Maitra - Brokerage charges & Plans
| ICICI Direct | Maitra | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹0.09% | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹5/Lot Or ₹20/Order |
ICICI Direct Vs Maitra - Other Charges
| ICICI Direct | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
ICICI Direct Vs Maitra - Transaction Charges
| ICICI Direct | Maitra | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | 0.053% |
| Equity Futures | NSE: 0.002% | 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.00325% |
| Equity Options | NSE: 0.053% | 0.05% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.0026% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | 0.0026% |
| Equity Delivery | 0.00345% trade on buy & sell | 0.00325% |
ICICI Direct Vs Maitra - Margin (Exposure)
| ICICI Direct | Maitra | |
|---|---|---|
| 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 (no margin) |
| 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 Maitra - Features
| ICICI Direct | Maitra | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Maitra - Review & Rating
| ICICI Direct | Maitra | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Maitra - Request a call back from Broker
| ICICI Direct | Maitra | |
|---|---|---|
ICICI Direct Vs Maitra - Investment Options
| ICICI Direct | Maitra | |
|---|---|---|
| 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 Maitra - Order Type
| ICICI Direct | Maitra | |
|---|---|---|
| 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 Maitra - Research & Report
| ICICI Direct | Maitra | |
|---|---|---|
| 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 Maitra - Daily Market Report
| ICICI Direct | Maitra | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Maitra - Suitable For Investor
| ICICI Direct | Maitra | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Maitra - Pros & Cons
| ICICI Direct | Maitra | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
ICICI Direct Vs Maitra - Background
| ICICI Direct | Maitra | |
|---|---|---|
ICICI Direct Vs Maitra - Compare All Brokers
| ICICI Direct | Maitra | |
|---|---|---|
ICICI Direct Vs Maitra - STT/CTT
| ICICI Direct | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% |
| 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% |
| 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 |
ICICI Direct Vs Maitra - Demat transaction charges
| ICICI Direct | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
ICICI Direct Vs Maitra - GST
| ICICI Direct | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Maitra - SEBI Charges
| ICICI Direct | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Maitra - Account Opening & AMC Charges
ICICI Direct
Maitra
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
₹400 + 18% GST
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Maitra
| ICICI Direct | Maitra | |
|---|---|---|
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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Maitra Account Opening Process, Charges, and Required Documents Details |
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Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ICICI Direct Vs Maitra - Brokerage charges & Plans
| ICICI Direct | Maitra | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹0.09% | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
ICICI Direct Vs Maitra - Margin (Exposure)
| ICICI Direct | Maitra | |
|---|---|---|
| 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 (no margin) |
| 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 Maitra - Other Charges
| ICICI Direct | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
ICICI Direct Vs Maitra - STT/CTT
| ICICI Direct | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% |
| 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% |
| 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 |
ICICI Direct Vs Maitra - Demat transaction charges
| ICICI Direct | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
ICICI Direct Vs Maitra - GST
| ICICI Direct | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Maitra - SEBI Charges
| ICICI Direct | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Maitra - Features
| ICICI Direct | Maitra | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |