Reliance Securities Vs ICICI Direct
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities 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.
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.
Reliance Securities Vs ICICI Direct - Broker Details
| Reliance Securities | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2005 | 1995 |
| Exchanges | NSE, BSE&MCX-SX, NCDEX, NMCE | BSE and NSE. |
| Branches | 80+ | 250+ |
| Brokerage | 0.05% | Prime Plan: ₹900/- |
| Broker Type | Full service Broker | Full service Broker |
Reliance Securities Vs ICICI Direct - Account Opening & AMC Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹2500/- life time free | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹2500/- life time free | ₹0 (Free) |
Reliance Securities Vs ICICI Direct - Brokerage charges & Plans
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | ₹0.09% |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order |
Reliance Securities Vs ICICI Direct - Other Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | ₹50/ Order |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.05% | ₹20/ Order |
Reliance Securities Vs ICICI Direct - Transaction Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Currency Options | NSE: 0.04174% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0009% | BSE: 0.0005% | NSE: 0.002% |
| Equity Intraday | NSE: 0.0032% | BSE: 0.003% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE:0.05% | BSE:0.0005% (on premium) | NSE: 0.053% |
| Commodity | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.0032% | BSE: 0.00275% | 0.00345% trade on buy & sell |
Reliance Securities Vs ICICI Direct - Margin (Exposure)
| Reliance Securities | ICICI Direct | |
|---|---|---|
| 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 | Up to 3 times with 21% interest per year | 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) |
Reliance Securities Vs ICICI Direct - Features
| Reliance Securities | ICICI Direct | |
|---|---|---|
| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 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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Reliance Securities Vs ICICI Direct - Review & Rating
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Reliance Securities Vs ICICI Direct - Request a call back from Broker
| Reliance Securities | ICICI Direct | |
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Reliance Securities Vs ICICI Direct - Investment Options
| Reliance Securities | ICICI Direct | |
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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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Reliance Securities Vs ICICI Direct - Order Type
| Reliance Securities | ICICI Direct | |
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| 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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Reliance Securities Vs ICICI Direct - Research & Report
| Reliance Securities | ICICI Direct | |
|---|---|---|
| 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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Reliance Securities Vs ICICI Direct - Daily Market Report
| Reliance Securities | ICICI Direct | |
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| Daily Market Reports & News |
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Reliance Securities Vs ICICI Direct - Suitable For Investor
| Reliance Securities | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Reliance Securities Vs ICICI Direct - Pros & Cons
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Pros | 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. | 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. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. | 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. |
Reliance Securities Vs ICICI Direct - Background
| Reliance Securities | ICICI Direct | |
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Reliance Securities Vs ICICI Direct - Compare All Brokers
| Reliance Securities | ICICI Direct | |
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Reliance Securities Vs ICICI Direct - STT/CTT
| Reliance Securities | 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 | 0.05% 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 |
Reliance Securities Vs ICICI Direct - Demat transaction charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Reliance Securities Vs ICICI Direct - GST
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Reliance Securities Vs ICICI Direct - SEBI Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs ICICI Direct - Account Opening & AMC Charges
Reliance Securities
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹2500/- life time free
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹2500/- life time free
₹0 (Free)
Reliance Securities Vs ICICI Direct
| Reliance Securities | ICICI Direct | |
|---|---|---|
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. + " Vs "+ ICICI Direct |
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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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.
Reliance Securities Vs ICICI Direct - Brokerage charges & Plans
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | ₹0.09% |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order |
| Call Back Open Account |
Reliance Securities Vs ICICI Direct - Margin (Exposure)
| Reliance Securities | ICICI Direct | |
|---|---|---|
| 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 | Up to 3 times with 21% interest per year | 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) |
Reliance Securities Vs ICICI Direct - Other Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | - | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | ₹50/ Order |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.05% | ₹20/ Order |
Reliance Securities Vs ICICI Direct - STT/CTT
| Reliance Securities | 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 | 0.05% 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 |
Reliance Securities Vs ICICI Direct - Demat transaction charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Reliance Securities Vs ICICI Direct - GST
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Reliance Securities Vs ICICI Direct - SEBI Charges
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs ICICI Direct - Features
| Reliance Securities | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 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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