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Comparision (ICICI Direct VS Fyers)

ICICI Direct Vs Fyers

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.


Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

ICICI Direct Vs Fyers - Broker Details

ICICI Direct Fyers
Single Margin Facility
Year of Incorporation 1995 2015
Exchanges BSE and NSE. BSE, NSE, MCX.
Branches 250+ Zero
Brokerage Prime Plan: ₹900 Rs.20 per executed order or 0.03%.
Broker Type Full service Broker Discount Broker
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ICICI Direct Vs Fyers - Account Opening & AMC Charges

ICICI Direct Fyers
Trading Account Opening Charge Rs.0 (Free) Rs.0/-
Demat Account Opening Charge Rs.0 (Free) Rs.400/- + GST
Demat Account AMC ₹700 (From 2nd Year) Rs.300/- + GST/year
Trading Account AMC Rs.0 (Free) Rs.0/-
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ICICI Direct Vs Fyers - Brokerage charges & Plans

ICICI Direct Fyers
Commodity Futures NA Rs.20 per executed order or 0.03% (whichever is lower)
Currency Futures I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 Rs.20 per executed order or 0.03% (whichever is lower)
Equity Delivery I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% Rs.0/-
Equity Options I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 Rs.20 per executed order.
Commodity Options NA Rs.20 per executed order.
Equity Futures I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% Rs.20 per executed order or 0.03% (whichever is lower)
Currency Options I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 Rs.20 per executed order.
Fixed Charges Prime Plan: ₹900 Rs.20 per executed order.
Equity Intraday I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% Rs.20 per executed order or 0.03% (whichever is lower)
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ICICI Direct Vs Fyers - Other Charges

ICICI Direct Fyers
RMS Square Off Charge - Rs.0 (free)
API Charges All our APIs are available free of cost.
Call & Trade Charges Rs.25/per order Rs.0 (free)
Other Brokerage Charges Prime Plan: ₹900 Rs.20/order or 0.03%
Minimum Brokerage Rs.20/order Rs.20/order.
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ICICI Direct Vs Fyers - Transaction Charges

ICICI Direct Fyers
Currency Options ₹5000 per Cr. (0.05) (On Premium) NSE: Exchange txn charge: 0.04% Clearing charge: 0.009%
Equity Futures ₹180 per Cr (0.0018%) NSE: Exchange txn charge: 0.0019% Clearing charge: 0.0005%
Equity Intraday NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) NSE: 0.00325%
Equity Options ₹5000 per Cr (0.05%) (On premium) NSE: Exchange txn charge: 0.05% Clearing charge: 0.009%
Commodity NA MCX: Exchange txn charge: 0.0026% Clearing charge: 0.0018%
Currency Futures ₹120 per Cr (0.0012%) NSE: Exchange txn charge: 0.00115% Clearing charge: 0.0005%
Equity Delivery NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) NSE: 0.00325%
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ICICI Direct Vs Fyers - Margin (Exposure)

ICICI Direct Fyers
Equity Options 2 times for shorting 3x of SPAN+Exposure
Equity Intraday Up to 25 times 3x of VAR+ELM leverage for F&O Stocks.
Currency Options NA 3 Times
Commodity Options NA 3x of SPAN+Exposure
Commodity Futures NA 3x of SPAN+Exposure
Equity Delivery 5 times with Interest 1x (no margin)
Currency Futures NA 3 Times
Equity Futures 4 times 3x of VAR+ELM leverage for F&O Stocks.
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ICICI Direct Vs Fyers - Features

ICICI Direct Fyers
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 3:30 PM 3:15
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
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ICICI Direct Vs Fyers - Review & Rating

ICICI Direct Fyers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Fyers is rated 3.8 of 5
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ICICI Direct Vs Fyers - Request a call back from Broker

ICICI Direct Fyers
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ICICI Direct Vs Fyers - Investment Options

ICICI Direct Fyers
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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ICICI Direct Vs Fyers - Order Type

ICICI Direct Fyers
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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ICICI Direct Vs Fyers - Research & Report

ICICI Direct Fyers
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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ICICI Direct Vs Fyers - Daily Market Report

ICICI Direct Fyers
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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ICICI Direct Vs Fyers - Suitable For Investor

ICICI Direct Fyers
Casual Investor
Active Investor
Trader
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ICICI Direct Vs Fyers - Pros & Cons

ICICI Direct Fyers
Pros 1. It facilitates its customers by providing an integrated three-in-one account i.e. banking, broking and demat accounts. 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. 5. The low bandwidth website is available for the slow internet connection or for the trading from various mobile devices. 6. By placing the VTC feature i.e. Valid till Cancelled, the customers can place buy or sell the limit orders that remains valid for 45 days. i. Free equity delivery trading is offered by FYERS which means they don’t charge any brokerage for cash and carry trades. ii. The brokerage rate charged by FYERS is ultra-low. Flat ₹20 per trade brokerage is charged across all the trading segments without considering the size of the trade. iii. Quick implementation of new features and services through in-house build trading platform. iv. Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. v. Investment opportunities in group of stocks through Thematic Investing. vi. Transparency in fee charging i.e. there are no hidden charges. vii. Availability of trading software’s that too completely free.
Cons 1. The brokerage of ICICI direct is high and not negotiable. The brokerage can be brought down simply by subscribing to the ICICI direct prime or prepaid brokerage plans. 2. It does not offer commodity trading. With the ICICI Trading account the customers can’t trade at MCX or NCDEX. It offers several plans to introduce commodity trading in future. 3. The minimum brokerage as the standard I-Secure plan is ₹35 per trade 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 ₹25 per call for the call and trader after first 20 free calls in a month. i. Higher exchange transaction charges in comparison to other discount brokers. ii. Lack of professional team for market analysis. iii. Depository Services are not provided. iv. FYERS does not provide commodity trading services
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ICICI Direct Vs Fyers - Background

ICICI Direct Fyers
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ICICI Direct Vs Fyers - Compare All Brokers

ICICI Direct Fyers
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ICICI Direct Vs Fyers - Account Opening & AMC Charges

ICICI Direct
Fyers
Trading Account Opening Charge
Rs.0 (Free)
Rs.0/-
Demat Account Opening Charge
Rs.0 (Free)
Rs.400/- + GST
Demat Account AMC
₹700 (From 2nd Year)
Rs.300/- + GST/year
Trading Account AMC
Rs.0 (Free)
Rs.0/-

ICICI Direct Vs Fyers

ICICI Direct Fyers
 

ICICI Direct NRI Account Opening, Charges, Services Review

ICICI Direct is a full-service broker that avails its customer the service of retail trading and investment service from ICICI securities. ICICI Securities is the famous and largest stock broker in India. It was incorporated on 9 March, 1995 as ICICI Brokerage Services. The company offers a broad range of investment options to the retail and ins ..
+ " Vs "+ Fyers

FYERS NRI Account Opening, Charges, Services Review

FYERS currently do not offer the facility of opening a NRI trading and demat account. Only the Indian residents can get their demat and trading accounts open with FYERS. If an NRI wishes to open account with FYERS then he is required to hav ..
 
 

Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

ICICI Direct Vs Fyers - Brokerage charges & Plans

ICICI Direct Fyers
Commodity Futures NA Rs.20 per executed order or 0.03% (whichever is lower)
Currency Futures I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 Rs.20 per executed order or 0.03% (whichever is lower)
Equity Delivery I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% Rs.0/-
Equity Options I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 Rs.20 per executed order.
Commodity Options NA Rs.20 per executed order.
Equity Futures I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% Rs.20 per executed order or 0.03% (whichever is lower)
Currency Options I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 Rs.20 per executed order.
Fixed Charges Prime Plan: ₹900 Rs.20 per executed order.
Equity Intraday I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% Rs.20 per executed order or 0.03% (whichever is lower)
Enquiry with ICICI Direct   Open Account Enquiry with Fyers   Open Account

ICICI Direct Vs Fyers - Margin (Exposure)

ICICI Direct Fyers
Equity Options 2 times for shorting 3x of SPAN+Exposure
Equity Intraday Up to 25 times 3x of VAR+ELM leverage for F&O Stocks.
Currency Options NA 3 Times
Commodity Options NA 3x of SPAN+Exposure
Commodity Futures NA 3x of SPAN+Exposure
Equity Delivery 5 times with Interest 1x (no margin)
Currency Futures NA 3 Times
Equity Futures 4 times 3x of VAR+ELM leverage for F&O Stocks.
Enquiry with ICICI Direct   Open Account Enquiry with Fyers   Open Account

ICICI Direct Vs Fyers - Other Charges

ICICI Direct Fyers
RMS Square Off Charge - Rs.0 (free)
API Charges All our APIs are available free of cost.
Call & Trade Charges Rs.25/per order Rs.0 (free)
Other Brokerage Charges Prime Plan: ₹900 Rs.20/order or 0.03%
Minimum Brokerage Rs.20/order Rs.20/order.
Enquiry with ICICI Direct   Open Account Enquiry with Fyers   Open Account

ICICI Direct Vs Fyers - Features

ICICI Direct Fyers
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 3:30 PM 3:15
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1. FYERS One (Installable Trading terminal). 2. FYERS Markets (Mobile Trading application). 3. FYERS Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with ICICI Direct   Open Account Enquiry with Fyers   Open Account