Dealmoney Securities Vs ICICI Direct
Dealmoney Securities
Dealmoney Securities 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.
Dealmoney Securities Vs ICICI Direct - Broker Details
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2006 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | ₹10* per order | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Account Opening & AMC Charges
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) First Year Free | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) First Year Free | ₹0 (Free) |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Brokerage charges & Plans
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹10* per order | ₹20/ Order |
| Currency Futures | ₹10* per order | ₹20/ Order |
| Equity Delivery | ₹10* per order | ₹0.09% |
| Equity Options | ₹10* per order | ₹20/ Order |
| Commodity Options | ₹10* per order | ₹20/ Order |
| Equity Futures | ₹10* per order | ₹20/ Order |
| Currency Options | ₹10* per order | ₹20/ Order |
| Fixed Charges | ₹10* per order | ₹20/ Order |
| Equity Intraday | ₹10* per order | ₹20/ Order |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Other Charges
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹10* per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹10* per order | ₹20/ Order |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Transaction Charges
| Dealmoney Securities | 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 |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Margin (Exposure)
| Dealmoney Securities | 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) |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Features
| Dealmoney Securities | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Dealmoney Pro EXE Software, 2. DealmoneyPro Web, 3. DealmoneyPro Stock Trading Mobile 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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| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Review & Rating
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Request a call back from Broker
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Investment Options
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| 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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| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Order Type
| Dealmoney Securities | 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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| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Research & Report
| Dealmoney Securities | 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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| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Daily Market Report
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Suitable For Investor
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Pros & Cons
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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. |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Background
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Compare All Brokers
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - STT/CTT
| Dealmoney 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 | 0.0625% 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 |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Demat transaction charges
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - GST
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - SEBI Charges
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Account Opening & AMC Charges
Dealmoney Securities
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) First Year Free
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free) First Year Free
₹0 (Free)
Dealmoney Securities Vs ICICI Direct
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
Dealmoney Securities Account Opening and Closure Process 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.
Dealmoney Securities Vs ICICI Direct - Brokerage charges & Plans
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹10* per order | ₹20/ Order |
| Currency Futures | ₹10* per order | ₹20/ Order |
| Equity Delivery | ₹10* per order | ₹0.09% |
| Equity Options | ₹10* per order | ₹20/ Order |
| Commodity Options | ₹10* per order | ₹20/ Order |
| Equity Futures | ₹10* per order | ₹20/ Order |
| Currency Options | ₹10* per order | ₹20/ Order |
| Fixed Charges | ₹10* per order | ₹20/ Order |
| Equity Intraday | ₹10* per order | ₹20/ Order |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Margin (Exposure)
| Dealmoney Securities | 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) |
| Call Back Open Account |
Dealmoney Securities Vs ICICI Direct - Other Charges
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹10* per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹10* per order | ₹20/ Order |
Dealmoney Securities Vs ICICI Direct - STT/CTT
| Dealmoney 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 | 0.0625% 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 |
Dealmoney Securities Vs ICICI Direct - Demat transaction charges
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Dealmoney Securities Vs ICICI Direct - GST
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Dealmoney Securities Vs ICICI Direct - SEBI Charges
| Dealmoney Securities | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Dealmoney Securities Vs ICICI Direct - Features
| Dealmoney 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Dealmoney Pro EXE Software, 2. DealmoneyPro Web, 3. DealmoneyPro Stock Trading Mobile 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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| Call Back Open Account |