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Comparision (ICICI Direct VS Finvasia)

 

ICICI Direct Vs Finvasia

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.

Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages

ICICI Direct Vs Finvasia - Broker Details

ICICI Direct Finvasia
Single Margin Facility
Year of Incorporation 1995 2012
Exchanges BSE and NSE. NSE, BSE, MCX and NCDEX
Branches 250+ Zero
Brokerage Prime Plan: ₹900/- ₹0 (Free)
Broker Type Full service Broker Discount Broker

ICICI Direct Vs Finvasia - Account Opening & AMC Charges

ICICI Direct Finvasia
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹700 (From 2nd Year) | ₹300 for Neo Customers ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

ICICI Direct Vs Finvasia - Brokerage charges & Plans

ICICI Direct Finvasia
Commodity Futures ₹20/ Order ₹0 (Free)
Currency Futures ₹20/ Order ₹0 (Free)
Equity Delivery ₹0.09% ₹0 (Free)
Equity Options ₹20/ Order ₹0 (Free)
Commodity Options ₹20/ Order ₹0 (Free)
Equity Futures ₹20/ Order ₹0 (Free)
Currency Options ₹20/ Order ₹0 (Free)
Fixed Charges ₹20/ Order ₹0 (Free)
Equity Intraday ₹20/ Order ₹0 (Free)

ICICI Direct Vs Finvasia - Other Charges

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

ICICI Direct Vs Finvasia - Transaction Charges

ICICI Direct Finvasia
Currency Options Exchange turnover charge: 0.04% |Clearing charge: 0.025% ₹4000/Cr of premium
Equity Futures NSE: 0.002% ₹325/Cr
Equity Intraday NSE: 0.00345% | BSE: 0.00345% ₹325/Cr
Equity Options NSE: 0.053% ₹5000/Cr
Commodity Non-Agri: Exchange turnover charge: 0.0026% ₹260/Cr
Currency Futures Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% ₹115/Cr
Equity Delivery 0.00345% trade on buy & sell ₹325/Cr

ICICI Direct Vs Finvasia - Margin (Exposure)

ICICI Direct Finvasia
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 Finvasia - Features

ICICI Direct Finvasia
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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto
SMS Alerts for Trades
Direct Mutual Fund

ICICI Direct Vs Finvasia - Review & Rating

ICICI Direct Finvasia
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

ICICI Direct Vs Finvasia - Request a call back from Broker

ICICI Direct Finvasia

ICICI Direct Vs Finvasia - Investment Options

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

ICICI Direct Vs Finvasia - Order Type

ICICI Direct Finvasia
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

ICICI Direct Vs Finvasia - Research & Report

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

ICICI Direct Vs Finvasia - Daily Market Report

ICICI Direct Finvasia
Daily Market Reports & News

ICICI Direct Vs Finvasia - Suitable For Investor

ICICI Direct Finvasia
Casual Investor
Active Investor
Trader

ICICI Direct Vs Finvasia - Pros & Cons

ICICI Direct Finvasia
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.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign.
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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable.

ICICI Direct Vs Finvasia - Background

ICICI Direct Finvasia

ICICI Direct Vs Finvasia - Compare All Brokers

ICICI Direct Finvasia

ICICI Direct Vs Finvasia - STT/CTT

ICICI Direct Finvasia
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 Finvasia - Demat transaction charges

ICICI Direct Finvasia
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹9 + Gst per scrip only on sell

ICICI Direct Vs Finvasia - GST

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

ICICI Direct Vs Finvasia - SEBI Charges

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

ICICI Direct Vs Finvasia - Account Opening & AMC Charges

ICICI Direct
Finvasia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

ICICI Direct Vs Finvasia

ICICI Direct Finvasia
 

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.

Finvasia Review | Brokerage Charges, Account Opening

‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited ..
Read more..
 
 

Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages

ICICI Direct Vs Finvasia - Brokerage charges & Plans

ICICI Direct Finvasia
Commodity Futures ₹20/ Order ₹0 (Free)
Currency Futures ₹20/ Order ₹0 (Free)
Equity Delivery ₹0.09% ₹0 (Free)
Equity Options ₹20/ Order ₹0 (Free)
Commodity Options ₹20/ Order ₹0 (Free)
Equity Futures ₹20/ Order ₹0 (Free)
Currency Options ₹20/ Order ₹0 (Free)
Fixed Charges ₹20/ Order ₹0 (Free)
Equity Intraday ₹20/ Order ₹0 (Free)
Call Back Open Account Call Back Open Account

ICICI Direct Vs Finvasia - Margin (Exposure)

ICICI Direct Finvasia
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 Finvasia - Other Charges

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

ICICI Direct Vs Finvasia - STT/CTT

ICICI Direct Finvasia
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 Finvasia - Demat transaction charges

ICICI Direct Finvasia
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹9 + Gst per scrip only on sell

ICICI Direct Vs Finvasia - GST

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

ICICI Direct Vs Finvasia - SEBI Charges

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

ICICI Direct Vs Finvasia - Features

ICICI Direct Finvasia
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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct

Finvasia