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Comparision (SBICAP Securities VS ICICI Direct)

 

SBICAP Securities Vs ICICI Direct

SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry

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.

SBICAP Securities Vs ICICI Direct - Broker Details

SBICAP Securities ICICI Direct
Single Margin Facility
Year of Incorporation 1986 1995
Exchanges NSE, BSE BSE and NSE.
Branches 141+ 250+
Brokerage 0.075% Prime Plan: ₹900/-
Broker Type Full service Broker Full service Broker

SBICAP Securities Vs ICICI Direct - Account Opening & AMC Charges

SBICAP Securities ICICI Direct
Trading Account Opening Charge ₹850/- ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹750 (₹500/- for e-statement) ₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC ₹0 (Free) ₹0 (Free)

SBICAP Securities Vs ICICI Direct - Brokerage charges & Plans

SBICAP Securities ICICI Direct
Commodity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order
Currency Futures Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Equity Delivery Intraday:- 0.075% | Delivery:- 0.50% ₹0.09%
Equity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Commodity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Equity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order
Currency Options Intraday:- ₹20 | Delivery:- ₹30/- ₹20/ Order
Fixed Charges Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order
Equity Intraday Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order

SBICAP Securities Vs ICICI Direct - Other Charges

SBICAP Securities ICICI Direct
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹10/Order ₹50/ Order
Other Brokerage Charges Intraday:- 0.075% | Delivery:- 0.50% Prime Plan: ₹900/-
Minimum Brokerage ₹20/Order ₹20/ Order

SBICAP Securities Vs ICICI Direct - Transaction Charges

SBICAP Securities ICICI Direct
Currency Options NSE: 0.05515% ( ₹5515/Crore) Exchange turnover charge: 0.04% |Clearing charge: 0.025%
Equity Futures NSE:- 0.002206% ( ₹221/Crore) NSE: 0.002%
Equity Intraday NSE: 0.00386% | BSE: 0.00384% NSE: 0.00345% | BSE: 0.00345%
Equity Options NSE- 0.05515% (Rs.5515/crore) NSE: 0.053%
Commodity N/A Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures 0.002206% Exchange turnover charge: 0.0009% | Clearing charge: 0.0004%
Equity Delivery NSE: 0.00386% | BSE: 0.00384% 0.00345% trade on buy & sell

SBICAP Securities Vs ICICI Direct - Margin (Exposure)

SBICAP 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 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)

SBICAP Securities Vs ICICI Direct - Features

SBICAP Securities 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund

SBICAP Securities Vs ICICI Direct - Review & Rating

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

SBICAP Securities Vs ICICI Direct - Request a call back from Broker

SBICAP Securities ICICI Direct

SBICAP Securities Vs ICICI Direct - Investment Options

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

SBICAP Securities Vs ICICI Direct - Order Type

SBICAP Securities 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

SBICAP Securities Vs ICICI Direct - Research & Report

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

SBICAP Securities Vs ICICI Direct - Daily Market Report

SBICAP Securities ICICI Direct
Daily Market Reports & News

SBICAP Securities Vs ICICI Direct - Suitable For Investor

SBICAP Securities ICICI Direct
Casual Investor
Active Investor
Trader

SBICAP Securities Vs ICICI Direct - Pros & Cons

SBICAP Securities ICICI Direct
Pros 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. 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.

SBICAP Securities Vs ICICI Direct - Background

SBICAP Securities ICICI Direct

SBICAP Securities Vs ICICI Direct - Compare All Brokers

SBICAP Securities ICICI Direct

SBICAP Securities Vs ICICI Direct - STT/CTT

SBICAP 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

SBICAP Securities Vs ICICI Direct - Demat transaction charges

SBICAP Securities ICICI Direct
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

SBICAP Securities Vs ICICI Direct - GST

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

SBICAP Securities Vs ICICI Direct - SEBI Charges

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

SBICAP Securities Vs ICICI Direct - Account Opening & AMC Charges

SBICAP Securities
ICICI Direct
Trading Account Opening Charge
₹850/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

SBICAP Securities Vs ICICI Direct

SBICAP Securities ICICI Direct
 

SBICAP Securities Review | Brokerage Charges, Account Opening

Incorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries.
• SBICAP Securities Limited
• SBICAP V ..
+ " Vs "+ ICICI Direct
Read more..

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.

SBICAP Securities Vs ICICI Direct - Brokerage charges & Plans

SBICAP Securities ICICI Direct
Commodity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order
Currency Futures Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Equity Delivery Intraday:- 0.075% | Delivery:- 0.50% ₹0.09%
Equity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Commodity Options Intraday:- ₹50 | Delivery:- ₹100/- ₹20/ Order
Equity Futures Intraday:- 0.03% | Delivery:- 0.05% ₹20/ Order
Currency Options Intraday:- ₹20 | Delivery:- ₹30/- ₹20/ Order
Fixed Charges Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order
Equity Intraday Intraday:- 0.075% | Delivery:- 0.50% ₹20/ Order
Call Back Open Account

SBICAP Securities Vs ICICI Direct - Margin (Exposure)

SBICAP 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 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)

SBICAP Securities Vs ICICI Direct - Other Charges

SBICAP Securities ICICI Direct
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹10/Order ₹50/ Order
Other Brokerage Charges Intraday:- 0.075% | Delivery:- 0.50% Prime Plan: ₹900/-
Minimum Brokerage ₹20/Order ₹20/ Order

SBICAP Securities Vs ICICI Direct - STT/CTT

SBICAP 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

SBICAP Securities Vs ICICI Direct - Demat transaction charges

SBICAP Securities ICICI Direct
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)

SBICAP Securities Vs ICICI Direct - GST

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

SBICAP Securities Vs ICICI Direct - SEBI Charges

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

SBICAP Securities Vs ICICI Direct - Features

SBICAP Securities 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund

SBICAP Securities

ICICI Direct