ICICI Direct Vs Navjeevan Broking
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.
Navjeevan Broking
Navjeevan Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ICICI Direct Vs Navjeevan Broking - Broker Details
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1990 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | 3 |
| Brokerage | Prime Plan: ₹900/- | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Broker Type | Full service Broker | Full Service Broker |
ICICI Direct Vs Navjeevan Broking - Account Opening & AMC Charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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 | ₹200 per Year + GST |
| Trading Account AMC | ₹0 (Free) | N/A |
ICICI Direct Vs Navjeevan Broking - Brokerage charges & Plans
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Currency Futures | ₹20/ Order | 0.03% per order (Negotiable)| 0.03% or Rs. 15 per order |
| Equity Delivery | ₹0.09% | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Equity Options | ₹20/ Order | Rs.15 per lot (Negotiable) | Rs. 15 per order |
| Commodity Options | ₹20/ Order | Rs.50 per lot (Negotiable) | Rs. 15 per order |
| Equity Futures | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Currency Options | ₹20/ Order | Rs.10 per lot (Negotiable) | Rs. 15 per order |
| Fixed Charges | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Equity Intraday | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
ICICI Direct Vs Navjeevan Broking - Other Charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Rs. 50 (+ GST) |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹50/ Order | Rs. 50 (+ GST) |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Minimum Brokerage | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
ICICI Direct Vs Navjeevan Broking - Transaction Charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.053% | NSE: 0.05% (on premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
ICICI Direct Vs Navjeevan Broking - Margin (Exposure)
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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 Navjeevan Broking - Features
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1.Arrow Mobile App, 2.Arrow Web Terminal, 3. Navjeevan Desktop Trading Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Navjeevan Broking - Review & Rating
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Navjeevan Broking - Request a call back from Broker
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
ICICI Direct Vs Navjeevan Broking - Investment Options
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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 Navjeevan Broking - Order Type
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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 Navjeevan Broking - Research & Report
| ICICI Direct | Navjeevan Broking | |
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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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ICICI Direct Vs Navjeevan Broking - Daily Market Report
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Navjeevan Broking - Suitable For Investor
| ICICI Direct | Navjeevan Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Navjeevan Broking - Pros & Cons
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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.Wide Range of Financial Products 2.Research and Analysis, 3. Excellent customer service and support, 4. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.User-Friendly Platform, 7. Competitive Pricing. |
| 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 International Presence 2. Limited Advanced Features 3. Dependency on market conditions and economic factors, 4.Customer Service Concerns 5. Different fintech platforms may not seamlessly work together., 6. Restricted Investment Options. |
ICICI Direct Vs Navjeevan Broking - Background
| ICICI Direct | Navjeevan Broking | |
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ICICI Direct Vs Navjeevan Broking - Compare All Brokers
| ICICI Direct | Navjeevan Broking | |
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ICICI Direct Vs Navjeevan Broking - STT/CTT
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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 the 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 & 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 Navjeevan Broking - Demat transaction charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | Rs. 7.50/- |
ICICI Direct Vs Navjeevan Broking - GST
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Navjeevan Broking - SEBI Charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Navjeevan Broking - Account Opening & AMC Charges
ICICI Direct
Navjeevan Broking
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
₹200 per Year + GST
Trading Account AMC
₹0 (Free)
N/A
ICICI Direct Vs Navjeevan Broking
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
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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Navjeevan Review | Charges and Trading Platform Details |
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Navjeevan Broking
Navjeevan Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ICICI Direct Vs Navjeevan Broking - Brokerage charges & Plans
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Currency Futures | ₹20/ Order | 0.03% per order (Negotiable)| 0.03% or Rs. 15 per order |
| Equity Delivery | ₹0.09% | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Equity Options | ₹20/ Order | Rs.15 per lot (Negotiable) | Rs. 15 per order |
| Commodity Options | ₹20/ Order | Rs.50 per lot (Negotiable) | Rs. 15 per order |
| Equity Futures | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Currency Options | ₹20/ Order | Rs.10 per lot (Negotiable) | Rs. 15 per order |
| Fixed Charges | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Equity Intraday | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Call Back Open Account |
ICICI Direct Vs Navjeevan Broking - Margin (Exposure)
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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 Navjeevan Broking - Other Charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Rs. 50 (+ GST) |
| API Charges | ₹0 (Free) | Free API |
| Call & Trade Charges | ₹50/ Order | Rs. 50 (+ GST) |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
| Minimum Brokerage | ₹20/ Order | 0.03% per order (Negotiable) | 0.03% or Rs. 15 per order |
ICICI Direct Vs Navjeevan Broking - STT/CTT
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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 the 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 & 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 Navjeevan Broking - Demat transaction charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | Rs. 7.50/- |
ICICI Direct Vs Navjeevan Broking - GST
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
ICICI Direct Vs Navjeevan Broking - SEBI Charges
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ICICI Direct Vs Navjeevan Broking - Features
| ICICI Direct | Navjeevan Broking | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1.Arrow Mobile App, 2.Arrow Web Terminal, 3. Navjeevan Desktop Trading Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |