ICICI Direct Vs Achintya
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.
Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
ICICI Direct Vs Achintya - Broker Details
| ICICI Direct | Achintya | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2004 |
| Exchanges | BSE and NSE. | BSE, NSE, MCX and NCDEX |
| Branches | 250+ | 10 |
| Brokerage | Prime Plan: ₹900/- | As per Brokerage Plan |
| Broker Type | Full service Broker | Full Service Broker |
ICICI Direct Vs Achintya - Account Opening & AMC Charges
| ICICI Direct | Achintya | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹0 (Free) First Year Free |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) First Year Free |
ICICI Direct Vs Achintya - Brokerage charges & Plans
| ICICI Direct | Achintya | |
|---|---|---|
| Commodity Futures | ₹20/ Order | As per Brokerage Plan |
| Currency Futures | ₹20/ Order | As per Brokerage Plan |
| Equity Delivery | ₹0.09% | As per Brokerage Plan |
| Equity Options | ₹20/ Order | As per Brokerage Plan |
| Commodity Options | ₹20/ Order | As per Brokerage Plan |
| Equity Futures | ₹20/ Order | As per Brokerage Plan |
| Currency Options | ₹20/ Order | As per Brokerage Plan |
| Fixed Charges | ₹20/ Order | As per Brokerage Plan |
| Equity Intraday | ₹20/ Order | As per Brokerage Plan |
ICICI Direct Vs Achintya - Other Charges
| ICICI Direct | Achintya | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20 +GST |
| Other Brokerage Charges | Prime Plan: ₹900/- | As per Brokerage Plan |
| Minimum Brokerage | ₹20/ Order | As per Brokerage Plan |
ICICI Direct Vs Achintya - Transaction Charges
| ICICI Direct | Achintya | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE: 0.035% | BSE: 0.001% |
| Equity Futures | NSE: 0.002% | NSE: 0.0021% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% | NSE: 0.052% (On Premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Futures - Exchange Txn Charges:0.0026% | Options - Exchange Txn Charges:0.006% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00345% | BSE: 0.00345% |
ICICI Direct Vs Achintya - Margin (Exposure)
| ICICI Direct | Achintya | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
ICICI Direct Vs Achintya - Features
| ICICI Direct | Achintya | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Achintya - Review & Rating
| ICICI Direct | Achintya | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Achintya - Request a call back from Broker
| ICICI Direct | Achintya | |
|---|---|---|
ICICI Direct Vs Achintya - Investment Options
| ICICI Direct | Achintya | |
|---|---|---|
| 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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ICICI Direct Vs Achintya - Order Type
| ICICI Direct | Achintya | |
|---|---|---|
| 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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ICICI Direct Vs Achintya - Research & Report
| ICICI Direct | Achintya | |
|---|---|---|
| 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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ICICI Direct Vs Achintya - Daily Market Report
| ICICI Direct | Achintya | |
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| Daily Market Reports & News |
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ICICI Direct Vs Achintya - Suitable For Investor
| ICICI Direct | Achintya | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Achintya - Pros & Cons
| ICICI Direct | Achintya | |
|---|---|---|
| Pros | 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. | 1. Experienced team of financial experts, 2. Diverse investment options, 3. Strong track record of performance, 4. Excellent customer service, 5.Advanced trading platforms. |
| Cons | 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. | 1. Limited presence in certain geographical regions, 2. Higher fees and charges compared to some competitors, 3. Potential dependency on market fluctuations, 4. Limited range of investment products compared to larger firms. |
ICICI Direct Vs Achintya - Background
| ICICI Direct | Achintya | |
|---|---|---|
ICICI Direct Vs Achintya - Compare All Brokers
| ICICI Direct | Achintya | |
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ICICI Direct Vs Achintya - STT/CTT
| ICICI Direct | Achintya | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on Sell Side (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
ICICI Direct Vs Achintya - Demat transaction charges
| ICICI Direct | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
ICICI Direct Vs Achintya - GST
| ICICI Direct | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
ICICI Direct Vs Achintya - SEBI Charges
| ICICI Direct | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / Crore |
ICICI Direct Vs Achintya - Account Opening & AMC Charges
ICICI Direct
Achintya
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free) First Year Free
Trading Account AMC
₹0 (Free)
₹0 (Free) First Year Free
ICICI Direct Vs Achintya
| ICICI Direct | Achintya | |
|---|---|---|
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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Achintya Securities Account Opening Charges and Process Details |
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Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
ICICI Direct Vs Achintya - Brokerage charges & Plans
| ICICI Direct | Achintya | |
|---|---|---|
| Commodity Futures | ₹20/ Order | As per Brokerage Plan |
| Currency Futures | ₹20/ Order | As per Brokerage Plan |
| Equity Delivery | ₹0.09% | As per Brokerage Plan |
| Equity Options | ₹20/ Order | As per Brokerage Plan |
| Commodity Options | ₹20/ Order | As per Brokerage Plan |
| Equity Futures | ₹20/ Order | As per Brokerage Plan |
| Currency Options | ₹20/ Order | As per Brokerage Plan |
| Fixed Charges | ₹20/ Order | As per Brokerage Plan |
| Equity Intraday | ₹20/ Order | As per Brokerage Plan |
| Call Back Open Account |
ICICI Direct Vs Achintya - Margin (Exposure)
| ICICI Direct | Achintya | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
ICICI Direct Vs Achintya - Other Charges
| ICICI Direct | Achintya | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20 +GST |
| Other Brokerage Charges | Prime Plan: ₹900/- | As per Brokerage Plan |
| Minimum Brokerage | ₹20/ Order | As per Brokerage Plan |
ICICI Direct Vs Achintya - STT/CTT
| ICICI Direct | Achintya | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% on Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on Sell Side (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
ICICI Direct Vs Achintya - Demat transaction charges
| ICICI Direct | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
ICICI Direct Vs Achintya - GST
| ICICI Direct | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
ICICI Direct Vs Achintya - SEBI Charges
| ICICI Direct | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / Crore |
ICICI Direct Vs Achintya - Features
| ICICI Direct | Achintya | |
|---|---|---|
| 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 | Commodity:-11:30 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |