Sushil Finance Vs ICICI Direct
Sushil Finance
Sushil Finance 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.
Sushil Finance Vs ICICI Direct - Broker Details
| Sushil Finance | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 1982 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | 367 | 250+ |
| Brokerage | 0.03% | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
Sushil Finance Vs ICICI Direct - Account Opening & AMC Charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + GST per year | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | NA | ₹0 (Free) |
Sushil Finance Vs ICICI Direct - Brokerage charges & Plans
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.03% | ₹20/ Order |
| Equity Delivery | 0.35% | ₹0.09% |
| Equity Options | ₹60 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.03% | ₹20/ Order |
| Currency Options | ₹60 per lot | ₹20/ Order |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/ Order |
Sushil Finance Vs ICICI Direct - Other Charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | 0.03% | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Sushil Finance Vs ICICI Direct - Transaction Charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Currency Options | NSE:5050 Per Cr | BSE:3700 Per Cr | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE: 0.002% |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE: 0.053% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE:200 Per Cr | BSE:FREE | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 0.00345% trade on buy & sell |
Sushil Finance Vs ICICI Direct - Margin (Exposure)
| Sushil Finance | 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 | 1x (no margin) | 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) |
Sushil Finance Vs ICICI Direct - Features
| Sushil Finance | 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:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 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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Sushil Finance Vs ICICI Direct - Review & Rating
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sushil Finance Vs ICICI Direct - Request a call back from Broker
| Sushil Finance | ICICI Direct | |
|---|---|---|
Sushil Finance Vs ICICI Direct - Investment Options
| Sushil Finance | 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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Sushil Finance Vs ICICI Direct - Order Type
| Sushil Finance | ICICI Direct | |
|---|---|---|
| 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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Sushil Finance Vs ICICI Direct - Research & Report
| Sushil Finance | 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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Sushil Finance Vs ICICI Direct - Daily Market Report
| Sushil Finance | ICICI Direct | |
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| Daily Market Reports & News |
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Sushil Finance Vs ICICI Direct - Suitable For Investor
| Sushil Finance | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Sushil Finance Vs ICICI Direct - Pros & Cons
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Pros | 1. Sushil Finance might offer a wide range of investment 2.Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. Effective customer support 6. Market and historical data available. | 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. Nonavailability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Sushil Finance charges high fees for their services 4. Higher minimum deposit requirements. 5. The call and trade are present at an additional fee. | 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. |
Sushil Finance Vs ICICI Direct - Background
| Sushil Finance | ICICI Direct | |
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Sushil Finance Vs ICICI Direct - Compare All Brokers
| Sushil Finance | ICICI Direct | |
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Sushil Finance Vs ICICI Direct - STT/CTT
| Sushil Finance | 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 | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Sushil Finance Vs ICICI Direct - Demat transaction charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Sushil Finance Vs ICICI Direct - GST
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Sushil Finance Vs ICICI Direct - SEBI Charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sushil Finance Vs ICICI Direct - Account Opening & AMC Charges
Sushil Finance
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + GST per year
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
NA
₹0 (Free)
Sushil Finance Vs ICICI Direct
| Sushil Finance | ICICI Direct | |
|---|---|---|
Sushil Finance Account Opening Charges and Required Documents Details |
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.
Sushil Finance Vs ICICI Direct - Brokerage charges & Plans
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.03% | ₹20/ Order |
| Equity Delivery | 0.35% | ₹0.09% |
| Equity Options | ₹60 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.03% | ₹20/ Order |
| Currency Options | ₹60 per lot | ₹20/ Order |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/ Order |
| Call Back Open Account |
Sushil Finance Vs ICICI Direct - Margin (Exposure)
| Sushil Finance | 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 | 1x (no margin) | 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) |
Sushil Finance Vs ICICI Direct - Other Charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | 0.03% | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Sushil Finance Vs ICICI Direct - STT/CTT
| Sushil Finance | 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 | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Sushil Finance Vs ICICI Direct - Demat transaction charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Sushil Finance Vs ICICI Direct - GST
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Sushil Finance Vs ICICI Direct - SEBI Charges
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sushil Finance Vs ICICI Direct - Features
| Sushil Finance | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 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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