ICICI Direct Vs SBICAP Securities
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.
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
ICICI Direct Vs SBICAP Securities - Broker Details
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1986 |
| Exchanges | BSE and NSE. | NSE, BSE |
| Branches | 250+ | 141+ |
| Brokerage | Prime Plan: ₹900/- | 0.075% |
| Broker Type | Full service Broker | Full service Broker |
ICICI Direct Vs SBICAP Securities - Account Opening & AMC Charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹850/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs SBICAP Securities - Brokerage charges & Plans
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | ₹20/ Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹0.09% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹20/ Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹20/ Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹20/ Order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹20/ Order | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹20/ Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹20/ Order | Intraday:- 0.075% | Delivery:- 0.50% |
ICICI Direct Vs SBICAP Securities - Other Charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹10/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
ICICI Direct Vs SBICAP Securities - Transaction Charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE: 0.002% | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE: 0.053% | NSE- 0.05515% (Rs.5515/crore) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | N/A |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | 0.002206% |
| Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00386% | BSE: 0.00384% |
ICICI Direct Vs SBICAP Securities - Margin (Exposure)
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Features
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs SBICAP Securities - Review & Rating
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs SBICAP Securities - Request a call back from Broker
| ICICI Direct | SBICAP Securities | |
|---|---|---|
ICICI Direct Vs SBICAP Securities - Investment Options
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Order Type
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Research & Report
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Daily Market Report
| ICICI Direct | SBICAP Securities | |
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| Daily Market Reports & News |
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ICICI Direct Vs SBICAP Securities - Suitable For Investor
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs SBICAP Securities - Pros & Cons
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. |
| 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. |
ICICI Direct Vs SBICAP Securities - Background
| ICICI Direct | SBICAP Securities | |
|---|---|---|
ICICI Direct Vs SBICAP Securities - Compare All Brokers
| ICICI Direct | SBICAP Securities | |
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ICICI Direct Vs SBICAP Securities - STT/CTT
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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 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 SBICAP Securities - Demat transaction charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹10 + GST per scrip only on sell |
ICICI Direct Vs SBICAP Securities - GST
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
ICICI Direct Vs SBICAP Securities - SEBI Charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs SBICAP Securities - Account Opening & AMC Charges
ICICI Direct
SBICAP Securities
Trading Account Opening Charge
₹0 (Free)
₹850/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹750 (₹500/- for e-statement)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs SBICAP Securities
| ICICI Direct | SBICAP Securities | |
|---|---|---|
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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SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. |
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SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
ICICI Direct Vs SBICAP Securities - Brokerage charges & Plans
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | ₹20/ Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹0.09% | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹20/ Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | ₹20/ Order | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹20/ Order | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | ₹20/ Order | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹20/ Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹20/ Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Call Back Open Account |
ICICI Direct Vs SBICAP Securities - Margin (Exposure)
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Other Charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹10/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
ICICI Direct Vs SBICAP Securities - STT/CTT
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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 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 SBICAP Securities - Demat transaction charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹10 + GST per scrip only on sell |
ICICI Direct Vs SBICAP Securities - GST
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
ICICI Direct Vs SBICAP Securities - SEBI Charges
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs SBICAP Securities - Features
| ICICI Direct | SBICAP Securities | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |