ICICI Direct Vs Vramath Financial
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.
Vramath Financial
ICICI Direct Vs Vramath Financial - Broker Details
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2012 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | N/A |
| Brokerage | Prime Plan: ₹900/- | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Vramath Financial - Account Opening & AMC Charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline) |
| Demat Account Opening Charge | ₹0 (Free) | Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs. |
| Trading Account AMC | ₹0 (Free) | NA |
ICICI Direct Vs Vramath Financial - Brokerage charges & Plans
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Futures | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Delivery | ₹0.09% | 0.50% - 0.65% |
| Equity Options | ₹20/ Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Commodity Options | ₹20/ Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Equity Futures | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Options | ₹20/ Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Fixed Charges | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Intraday | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
ICICI Direct Vs Vramath Financial - Other Charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | 0.02% for buying and 0.02% for selling (Highly Competitive). |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. |
| Other Brokerage Charges | Prime Plan: ₹900/- | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Minimum Brokerage | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
ICICI Direct Vs Vramath Financial - Transaction Charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00325% | BSE: 0.00325% |
| Equity Options | NSE: 0.053% | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Exchange txn charge: 0.05% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00325% | BSE: 0.00325% |
ICICI Direct Vs Vramath Financial - Margin (Exposure)
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of the trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
ICICI Direct Vs Vramath Financial - Features
| ICICI Direct | Vramath Financial | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Vramath Financial - Review & Rating
| ICICI Direct | Vramath Financial | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Vramath Financial - Request a call back from Broker
| ICICI Direct | Vramath Financial | |
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ICICI Direct Vs Vramath Financial - Investment Options
| ICICI Direct | Vramath Financial | |
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| 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 Vramath Financial - Order Type
| ICICI Direct | Vramath Financial | |
|---|---|---|
| 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 Vramath Financial - Research & Report
| ICICI Direct | Vramath Financial | |
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| 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 Vramath Financial - Daily Market Report
| ICICI Direct | Vramath Financial | |
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| Daily Market Reports & News |
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ICICI Direct Vs Vramath Financial - Suitable For Investor
| ICICI Direct | Vramath Financial | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Vramath Financial - Pros & Cons
| ICICI Direct | Vramath Financial | |
|---|---|---|
| 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. Vramath Financial 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. Brokerage charges are high as compared to discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. |
ICICI Direct Vs Vramath Financial - Background
| ICICI Direct | Vramath Financial | |
|---|---|---|
ICICI Direct Vs Vramath Financial - Compare All Brokers
| ICICI Direct | Vramath Financial | |
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ICICI Direct Vs Vramath Financial - STT/CTT
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.1% on buy & sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Vramath Financial - Demat transaction charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. |
ICICI Direct Vs Vramath Financial - GST
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Vramath Financial - SEBI Charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Vramath Financial - Account Opening & AMC Charges
ICICI Direct
Vramath Financial
Trading Account Opening Charge
₹0 (Free)
Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline)
Demat Account Opening Charge
₹0 (Free)
Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs.
Trading Account AMC
₹0 (Free)
NA
ICICI Direct Vs Vramath Financial
| ICICI Direct | Vramath Financial | |
|---|---|---|
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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Vramath Financial Review |
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Vramath Financial
ICICI Direct Vs Vramath Financial - Brokerage charges & Plans
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Futures | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Delivery | ₹0.09% | 0.50% - 0.65% |
| Equity Options | ₹20/ Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Commodity Options | ₹20/ Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Equity Futures | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Options | ₹20/ Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Fixed Charges | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Intraday | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Call Back Open Account |
ICICI Direct Vs Vramath Financial - Margin (Exposure)
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of the trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
ICICI Direct Vs Vramath Financial - Other Charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | 0.02% for buying and 0.02% for selling (Highly Competitive). |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. |
| Other Brokerage Charges | Prime Plan: ₹900/- | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Minimum Brokerage | ₹20/ Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
ICICI Direct Vs Vramath Financial - STT/CTT
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.1% on buy & sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
ICICI Direct Vs Vramath Financial - Demat transaction charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. |
ICICI Direct Vs Vramath Financial - GST
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Vramath Financial - SEBI Charges
| ICICI Direct | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Vramath Financial - Features
| ICICI Direct | Vramath Financial | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |