Bajaj Finserve Vs ICICI Direct
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Bajaj Finserve Vs ICICI Direct - Broker Details
| Bajaj Finserve | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 2007 | 1995 |
| Exchanges | NSE, BSE | BSE and NSE. |
| Branches | 294+ | 250+ |
| Brokerage | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
Bajaj Finserve Vs ICICI Direct - Account Opening & AMC Charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹199- (2nd Year Onwards) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹899- per annum | ₹0 (Free) |
Bajaj Finserve Vs ICICI Direct - Brokerage charges & Plans
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹0.09% |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Bajaj Finserve Vs ICICI Direct - Other Charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Bajaj Finserve Vs ICICI Direct - Transaction Charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Currency Options | N/A | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% | NSE: 0.002% |
| Equity Intraday | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% | NSE: 0.053% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | N/A | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | 0.00345% trade on buy & sell |
Bajaj Finserve Vs ICICI Direct - Margin (Exposure)
| Bajaj Finserve | 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) |
Bajaj Finserve Vs ICICI Direct - Features
| Bajaj Finserve | 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: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 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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Bajaj Finserve Vs ICICI Direct - Review & Rating
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| 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 |
Bajaj Finserve Vs ICICI Direct - Request a call back from Broker
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
Bajaj Finserve Vs ICICI Direct - Investment Options
| Bajaj Finserve | 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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Bajaj Finserve Vs ICICI Direct - Order Type
| Bajaj Finserve | 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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Bajaj Finserve Vs ICICI Direct - Research & Report
| Bajaj Finserve | 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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Bajaj Finserve Vs ICICI Direct - Daily Market Report
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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Bajaj Finserve Vs ICICI Direct - Suitable For Investor
| Bajaj Finserve | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Bajaj Finserve Vs ICICI Direct - Pros & Cons
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Pros | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. | 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.High equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. | 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. |
Bajaj Finserve Vs ICICI Direct - Background
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
Bajaj Finserve Vs ICICI Direct - Compare All Brokers
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
Bajaj Finserve Vs ICICI Direct - STT/CTT
| Bajaj Finserve | 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 buy & 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 |
Bajaj Finserve Vs ICICI Direct - Demat transaction charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Bajaj Finserve Vs ICICI Direct - GST
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Bajaj Finserve Vs ICICI Direct - SEBI Charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bajaj Finserve Vs ICICI Direct - Account Opening & AMC Charges
Bajaj Finserve
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹199- (2nd Year Onwards)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹899- per annum
₹0 (Free)
Bajaj Finserve Vs ICICI Direct
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. + " Vs "+ ICICI Direct |
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.
Bajaj Finserve Vs ICICI Direct - Brokerage charges & Plans
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹0.09% |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs ICICI Direct - Margin (Exposure)
| Bajaj Finserve | 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) |
| Call Back Open Account |
Bajaj Finserve Vs ICICI Direct - Other Charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Bajaj Finserve Vs ICICI Direct - STT/CTT
| Bajaj Finserve | 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 buy & 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 |
Bajaj Finserve Vs ICICI Direct - Demat transaction charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Bajaj Finserve Vs ICICI Direct - GST
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Bajaj Finserve Vs ICICI Direct - SEBI Charges
| Bajaj Finserve | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bajaj Finserve Vs ICICI Direct - Features
| Bajaj Finserve | 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 |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 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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| Call Back Open Account |