Navjeevan Broking Vs ICICI Direct
Navjeevan Broking
Navjeevan Broking 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.
Navjeevan Broking Vs ICICI Direct - Broker Details
| Navjeevan Broking | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 1990 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | 3 | 250+ |
| Brokerage | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
Navjeevan Broking Vs ICICI Direct - Account Opening & AMC Charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 per Year + GST | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | N/A | ₹0 (Free) |
Navjeevan Broking Vs ICICI Direct - Brokerage charges & Plans
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Currency Futures | 0.03% per order (Negotiable)| 0.03% or Rs. 15 per order | ₹20/ Order |
| Equity Delivery | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹0.09% |
| Equity Options | Rs.15 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Commodity Options | Rs.50 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Equity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Currency Options | Rs.10 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Fixed Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Equity Intraday | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
Navjeevan Broking Vs ICICI Direct - Other Charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | Rs. 50 (+ GST) | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 50 (+ GST) | ₹50/ Order |
| Other Brokerage Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
Navjeevan Broking Vs ICICI Direct - Transaction Charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.00345% trade on buy & sell |
Navjeevan Broking Vs ICICI Direct - Margin (Exposure)
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Navjeevan Broking Vs ICICI Direct - Features
| Navjeevan Broking | 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Arrow Mobile App, 2.Arrow Web Terminal, 3. Navjeevan Desktop Trading Terminal | 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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Navjeevan Broking Vs ICICI Direct - Review & Rating
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Navjeevan Broking Vs ICICI Direct - Request a call back from Broker
| Navjeevan Broking | ICICI Direct | |
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Navjeevan Broking Vs ICICI Direct - Investment Options
| Navjeevan Broking | 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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Navjeevan Broking Vs ICICI Direct - Order Type
| Navjeevan Broking | 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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Navjeevan Broking Vs ICICI Direct - Research & Report
| Navjeevan Broking | ICICI Direct | |
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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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Navjeevan Broking Vs ICICI Direct - Daily Market Report
| Navjeevan Broking | ICICI Direct | |
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| Daily Market Reports & News |
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Navjeevan Broking Vs ICICI Direct - Suitable For Investor
| Navjeevan Broking | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Navjeevan Broking Vs ICICI Direct - Pros & Cons
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Pros | 1.Wide Range of Financial Products 2.Research and Analysis, 3. Excellent customer service and support, 4. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.User-Friendly Platform, 7. 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. Limited International Presence 2. Limited Advanced Features 3. Dependency on market conditions and economic factors, 4.Customer Service Concerns 5. Different fintech platforms may not seamlessly work together., 6. Restricted Investment Options. | 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. |
Navjeevan Broking Vs ICICI Direct - Background
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
Navjeevan Broking Vs ICICI Direct - Compare All Brokers
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
Navjeevan Broking Vs ICICI Direct - STT/CTT
| Navjeevan Broking | 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 |
Navjeevan Broking Vs ICICI Direct - Demat transaction charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 7.50/- | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Navjeevan Broking Vs ICICI Direct - GST
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Navjeevan Broking Vs ICICI Direct - SEBI Charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Navjeevan Broking Vs ICICI Direct - Account Opening & AMC Charges
Navjeevan Broking
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 per Year + GST
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
N/A
₹0 (Free)
Navjeevan Broking Vs ICICI Direct
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
Navjeevan Review | Charges and Trading Platform 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.
Navjeevan Broking Vs ICICI Direct - Brokerage charges & Plans
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Currency Futures | 0.03% per order (Negotiable)| 0.03% or Rs. 15 per order | ₹20/ Order |
| Equity Delivery | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹0.09% |
| Equity Options | Rs.15 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Commodity Options | Rs.50 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Equity Futures | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Currency Options | Rs.10 per lot (Negotiable) | Rs. 15 per order | ₹20/ Order |
| Fixed Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Equity Intraday | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
| Call Back Open Account |
Navjeevan Broking Vs ICICI Direct - Margin (Exposure)
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Navjeevan Broking Vs ICICI Direct - Other Charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | Rs. 50 (+ GST) | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 50 (+ GST) | ₹50/ Order |
| Other Brokerage Charges | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order | ₹20/ Order |
Navjeevan Broking Vs ICICI Direct - STT/CTT
| Navjeevan Broking | 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 |
Navjeevan Broking Vs ICICI Direct - Demat transaction charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 7.50/- | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Navjeevan Broking Vs ICICI Direct - GST
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Navjeevan Broking Vs ICICI Direct - SEBI Charges
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Navjeevan Broking Vs ICICI Direct - Features
| Navjeevan Broking | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Arrow Mobile App, 2.Arrow Web Terminal, 3. Navjeevan Desktop Trading Terminal | 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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