ICICI Direct Vs HDFC securities
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.
HDFC securities
HDFC securities is a full service Broker. HDFC securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
ICICI Direct Vs HDFC securities - Broker Details
| ICICI Direct | HDFC securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2000 |
| Exchanges | BSE and NSE. | BSE, NSE and MCX |
| Branches | 250+ | 260+ |
| Brokerage | Prime Plan: ₹900/- | 0.05% |
| Broker Type | Full service Broker | Full service Broker |
ICICI Direct Vs HDFC securities - Account Opening & AMC Charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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 | Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs HDFC securities - Brokerage charges & Plans
| ICICI Direct | HDFC securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order |
| Currency Futures | ₹20/ Order | ₹23/Contract |
| Equity Delivery | ₹0.09% | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Equity Options | ₹20/ Order | ₹100/Lot (Both Buy & Sell) |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Currency Options | ₹20/ Order | ₹20/Contract |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order | 0.05% |
ICICI Direct Vs HDFC securities - Other Charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹0(Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
ICICI Direct Vs HDFC securities - Transaction Charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | 0.040% (On premium) |
| Equity Futures | NSE: 0.002% | 0.00190% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.00325% |
| Equity Options | NSE: 0.053% | 0.050% (on premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | N/A |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | 0.00110% |
| Equity Delivery | 0.00345% trade on buy & sell | 0.00325% |
ICICI Direct Vs HDFC securities - Margin (Exposure)
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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) |
ICICI Direct Vs HDFC securities - Features
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs HDFC securities - Review & Rating
| ICICI Direct | HDFC securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs HDFC securities - Request a call back from Broker
| ICICI Direct | HDFC securities | |
|---|---|---|
ICICI Direct Vs HDFC securities - Investment Options
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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 HDFC securities - Order Type
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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 HDFC securities - Research & Report
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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 HDFC securities - Daily Market Report
| ICICI Direct | HDFC securities | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs HDFC securities - Suitable For Investor
| ICICI Direct | HDFC securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs HDFC securities - Pros & Cons
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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. It provides an integrated three-in-one account (i.e. banking, broking and demat account). It makes HDFC extremely convenient trading platform. 2. It provides the facility of online investment in IPOs, Mutual Funds, GOI Bonds, Insurance and Postal Savings Schemes all of it from a single website. 3. It allows trading in both BSE and NSE. 4. The trading platforms are specially designed for the beginners. |
| 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. The brokerage is comparatively higher than other brokers and is negotiable. 2. It does not provide commodity trading. 3. The minimal brokerage charged is ₹25 per trade that is too high. 4.It does not provide good margin limit. |
ICICI Direct Vs HDFC securities - Background
| ICICI Direct | HDFC securities | |
|---|---|---|
ICICI Direct Vs HDFC securities - Compare All Brokers
| ICICI Direct | HDFC securities | |
|---|---|---|
ICICI Direct Vs HDFC securities - STT/CTT
| ICICI Direct | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (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% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs HDFC securities - Demat transaction charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | 0.04% of transaction value (minimum ₹25) |
ICICI Direct Vs HDFC securities - GST
| ICICI Direct | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs HDFC securities - SEBI Charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs HDFC securities - Account Opening & AMC Charges
ICICI Direct
HDFC securities
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
Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs HDFC securities
| ICICI Direct | HDFC securities | |
|---|---|---|
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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HDFC Securities Review | Brokerage Charges, Account OpeningHDFC securities India is the most renowned financial service providing company which is a subsidiary of private bank HDFC. HDFC securities ltd provides the both online trading and the trading on the go i.e. mobile or tab. HDFC securities is cdsl or nsdl participant with
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HDFC securities
HDFC securities is a full service Broker. HDFC securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
ICICI Direct Vs HDFC securities - Brokerage charges & Plans
| ICICI Direct | HDFC securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order |
| Currency Futures | ₹20/ Order | ₹23/Contract |
| Equity Delivery | ₹0.09% | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Equity Options | ₹20/ Order | ₹100/Lot (Both Buy & Sell) |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Currency Options | ₹20/ Order | ₹20/Contract |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order | 0.05% |
| Call Back Open Account |
ICICI Direct Vs HDFC securities - Margin (Exposure)
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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 |
ICICI Direct Vs HDFC securities - Other Charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹50/ Order | ₹0(Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
ICICI Direct Vs HDFC securities - STT/CTT
| ICICI Direct | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (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% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs HDFC securities - Demat transaction charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | 0.04% of transaction value (minimum ₹25) |
ICICI Direct Vs HDFC securities - GST
| ICICI Direct | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs HDFC securities - SEBI Charges
| ICICI Direct | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs HDFC securities - Features
| ICICI Direct | HDFC securities | |
|---|---|---|
| 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:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |