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Comparision (Navkar Direct VS ICICI Direct)

 

Navkar Direct Vs ICICI Direct

Navkar Direct
Navkar Direct 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.

Navkar Direct Vs ICICI Direct - Broker Details

Navkar Direct ICICI Direct
Single Margin Facility
Year of Incorporation 1999 1995
Exchanges BSE, NSE, MCX and NCDEX BSE and NSE.
Branches N/A 250+
Brokerage ₹20 per order Prime Plan: ₹900/-
Broker Type Discount Broker Full service Broker

Navkar Direct Vs ICICI Direct - Account Opening & AMC Charges

Navkar Direct ICICI Direct
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹300 per year (Individual account) ₹1200 per year (Corporate Account) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC N/A ₹0 (Free)

Navkar Direct Vs ICICI Direct - Brokerage charges & Plans

Navkar Direct ICICI Direct
Commodity Futures ₹20 per order ₹20/ Order
Currency Futures ₹20 per order ₹20/ Order
Equity Delivery ₹20 per order ₹0.09%
Equity Options ₹20 per order ₹20/ Order
Commodity Options ₹20 per order ₹20/ Order
Equity Futures ₹20 per order ₹20/ Order
Currency Options ₹20 per order ₹20/ Order
Fixed Charges ₹20 per order ₹20/ Order
Equity Intraday ₹20 per order ₹20/ Order

Navkar Direct Vs ICICI Direct - Other Charges

Navkar Direct ICICI Direct
RMS Square Off Charge ₹20 per order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20 per order ₹50/ Order
Other Brokerage Charges ₹20 per order Prime Plan: ₹900/-
Minimum Brokerage ₹20 per order ₹20/ Order

Navkar Direct Vs ICICI Direct - Transaction Charges

Navkar Direct ICICI Direct
Currency Options NSE: 0.035 % And | BSE: 0.001% On Options Premium Value Exchange turnover charge: 0.04% |Clearing charge: 0.025%
Equity Futures NSE: 0.00195% on total turnover value NSE: 0.002%
Equity Intraday NSE - 0.00325% | BSE- 0.00375% NSE: 0.00345% | BSE: 0.00345%
Equity Options NSE: 0.053% on premium value NSE: 0.053%
Commodity Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value Exchange turnover charge: 0.0009% | Clearing charge: 0.0004%
Equity Delivery NSE - 0.00325% | BSE- 0.00375% 0.00345% trade on buy & sell

Navkar Direct Vs ICICI Direct - Margin (Exposure)

Navkar Direct ICICI Direct
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 6x (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)

Navkar Direct Vs ICICI Direct - Features

Navkar Direct 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. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund

Navkar Direct Vs ICICI Direct - Review & Rating

Navkar Direct ICICI Direct
Trading Brokerage 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Navkar Direct Vs ICICI Direct - Request a call back from Broker

Navkar Direct ICICI Direct

Navkar Direct Vs ICICI Direct - Investment Options

Navkar Direct ICICI Direct
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Navkar Direct Vs ICICI Direct - Order Type

Navkar Direct 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

Navkar Direct Vs ICICI Direct - Research & Report

Navkar Direct ICICI Direct
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Navkar Direct Vs ICICI Direct - Daily Market Report

Navkar Direct ICICI Direct
Daily Market Reports & News

Navkar Direct Vs ICICI Direct - Suitable For Investor

Navkar Direct ICICI Direct
Casual Investor
Active Investor
Trader

Navkar Direct Vs ICICI Direct - Pros & Cons

Navkar Direct ICICI Direct
Pros 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing 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. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, 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.

Navkar Direct Vs ICICI Direct - Background

Navkar Direct ICICI Direct

Navkar Direct Vs ICICI Direct - Compare All Brokers

Navkar Direct ICICI Direct

Navkar Direct Vs ICICI Direct - STT/CTT

Navkar Direct ICICI Direct
Commodity Futures 0.01% on sell side (Non-Agri) 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 0.0625% on sell side (on premium) 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 0.0125% on sell side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Navkar Direct Vs ICICI Direct - Demat transaction charges

Navkar Direct ICICI Direct
Equity Demat Transaction Charges ₹20 per order Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

Navkar Direct Vs ICICI Direct - GST

Navkar Direct ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Navkar Direct Vs ICICI Direct - SEBI Charges

Navkar Direct ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Navkar Direct Vs ICICI Direct - Account Opening & AMC Charges

Navkar Direct
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 per year (Individual account) ₹1200 per year (Corporate Account)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
N/A
₹0 (Free)
 

Navkar Direct Vs ICICI Direct

Navkar Direct ICICI Direct
 

Navkar Direct Account Opening Process and Charge Details 2024

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ICICI Direct Review | Brokerage Charges, Account Opening

With 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.

Navkar Direct Vs ICICI Direct - Brokerage charges & Plans

Navkar Direct ICICI Direct
Commodity Futures ₹20 per order ₹20/ Order
Currency Futures ₹20 per order ₹20/ Order
Equity Delivery ₹20 per order ₹0.09%
Equity Options ₹20 per order ₹20/ Order
Commodity Options ₹20 per order ₹20/ Order
Equity Futures ₹20 per order ₹20/ Order
Currency Options ₹20 per order ₹20/ Order
Fixed Charges ₹20 per order ₹20/ Order
Equity Intraday ₹20 per order ₹20/ Order
Call Back Open Account

Navkar Direct Vs ICICI Direct - Margin (Exposure)

Navkar Direct ICICI Direct
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 6x (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)

Navkar Direct Vs ICICI Direct - Other Charges

Navkar Direct ICICI Direct
RMS Square Off Charge ₹20 per order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20 per order ₹50/ Order
Other Brokerage Charges ₹20 per order Prime Plan: ₹900/-
Minimum Brokerage ₹20 per order ₹20/ Order

Navkar Direct Vs ICICI Direct - STT/CTT

Navkar Direct ICICI Direct
Commodity Futures 0.01% on sell side (Non-Agri) 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 0.0625% on sell side (on premium) 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 0.0125% on sell side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Navkar Direct Vs ICICI Direct - Demat transaction charges

Navkar Direct ICICI Direct
Equity Demat Transaction Charges ₹20 per order Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

Navkar Direct Vs ICICI Direct - GST

Navkar Direct ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Navkar Direct Vs ICICI Direct - SEBI Charges

Navkar Direct ICICI Direct
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Navkar Direct Vs ICICI Direct - Features

Navkar Direct 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. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund

Navkar Direct

ICICI Direct