Vramath Financial Vs ICICI Direct
Vramath Financial
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.
Vramath Financial Vs ICICI Direct - Broker Details
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
Vramath Financial Vs ICICI Direct - Account Opening & AMC Charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline) | ₹0 (Free) |
| Demat Account Opening Charge | Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs. | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | NA | ₹0 (Free) |
Vramath Financial Vs ICICI Direct - Brokerage charges & Plans
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Equity Delivery | 0.50% - 0.65% | ₹0.09% |
| Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
| Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
| Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
| Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Vramath Financial Vs ICICI Direct - Other Charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹50/ Order |
| Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | Prime Plan: ₹900/- |
| Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Vramath Financial Vs ICICI Direct - Transaction Charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: 0.053% |
| Commodity | Exchange txn charge: 0.05% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | 0.00345% trade on buy & sell |
Vramath Financial Vs ICICI Direct - Margin (Exposure)
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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 the 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 (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Vramath Financial Vs ICICI Direct - Features
| Vramath Financial | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro 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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Vramath Financial Vs ICICI Direct - Review & Rating
| Vramath Financial | ICICI Direct | |
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| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Vramath Financial Vs ICICI Direct - Request a call back from Broker
| Vramath Financial | ICICI Direct | |
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Vramath Financial Vs ICICI Direct - Investment Options
| Vramath Financial | 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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Vramath Financial Vs ICICI Direct - Order Type
| Vramath Financial | 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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Vramath Financial Vs ICICI Direct - Research & Report
| Vramath Financial | 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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Vramath Financial Vs ICICI Direct - Daily Market Report
| Vramath Financial | ICICI Direct | |
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| Daily Market Reports & News |
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Vramath Financial Vs ICICI Direct - Suitable For Investor
| Vramath Financial | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Vramath Financial Vs ICICI Direct - Pros & Cons
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Vramath Financial facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. Brokerage charges are high as compared to discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. | 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. |
Vramath Financial Vs ICICI Direct - Background
| Vramath Financial | ICICI Direct | |
|---|---|---|
Vramath Financial Vs ICICI Direct - Compare All Brokers
| Vramath Financial | ICICI Direct | |
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Vramath Financial Vs ICICI Direct - STT/CTT
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Vramath Financial Vs ICICI Direct - Demat transaction charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Vramath Financial Vs ICICI Direct - GST
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Vramath Financial Vs ICICI Direct - SEBI Charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vramath Financial Vs ICICI Direct - Account Opening & AMC Charges
Vramath Financial
ICICI Direct
Trading Account Opening Charge
Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline)
₹0 (Free)
Demat Account Opening Charge
Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free)
₹0 (Free)
Demat Account AMC
Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs.
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
NA
₹0 (Free)
Vramath Financial Vs ICICI Direct
| Vramath Financial | ICICI Direct | |
|---|---|---|
Vramath Financial Review |
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.
Vramath Financial Vs ICICI Direct - Brokerage charges & Plans
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Equity Delivery | 0.50% - 0.65% | ₹0.09% |
| Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
| Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
| Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
| Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
| Call Back Open Account |
Vramath Financial Vs ICICI Direct - Margin (Exposure)
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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 the 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 (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Vramath Financial Vs ICICI Direct - Other Charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹50/ Order |
| Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | Prime Plan: ₹900/- |
| Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Vramath Financial Vs ICICI Direct - STT/CTT
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Vramath Financial Vs ICICI Direct - Demat transaction charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Vramath Financial Vs ICICI Direct - GST
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Vramath Financial Vs ICICI Direct - SEBI Charges
| Vramath Financial | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vramath Financial Vs ICICI Direct - Features
| Vramath Financial | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro 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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