Motisons Shares Vs ICICI Direct
Motisons Shares
Motisons Shares Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI accounts, Branches, and 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.
Motisons Shares Vs ICICI Direct - Broker Details
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1997 | 1995 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | Upto 2.5% | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Account Opening & AMC Charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 + GST per year | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Brokerage charges & Plans
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Commodity Futures | Upto 2.5% | ₹20/ Order |
| Currency Futures | Upto 2.5% | ₹20/ Order |
| Equity Delivery | Upto 2.5% | ₹0.09% |
| Equity Options | Upto 2.5% | ₹20/ Order |
| Commodity Options | Upto 2.5% | ₹20/ Order |
| Equity Futures | Upto 2.5% | ₹20/ Order |
| Currency Options | Upto 2.5% | ₹20/ Order |
| Fixed Charges | Upto 2.5% | ₹20/ Order |
| Equity Intraday | Upto 2.5% | ₹20/ Order |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Other Charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | Upto 2.5% | Prime Plan: ₹900/- |
| Minimum Brokerage | Upto 2.5% | ₹20/ Order |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Transaction Charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.002% |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.053% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | 0.00345% trade on buy & sell |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Margin (Exposure)
| Motisons Shares | ICICI Direct | |
|---|---|---|
| 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) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Features
| Motisons Shares | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 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 |
Motisons Shares Vs ICICI Direct - Review & Rating
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Request a call back from Broker
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Investment Options
| Motisons Shares | 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 |
Motisons Shares Vs ICICI Direct - Order Type
| Motisons Shares | 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 |
Motisons Shares Vs ICICI Direct - Research & Report
| Motisons Shares | 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 |
Motisons Shares Vs ICICI Direct - Daily Market Report
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Suitable For Investor
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Pros & Cons
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Pros | 1. User-friendly interface 2. Wide range of investment options 3. Competitive brokerage rates 4. Research and analysis tools 5. Seamless trading experience 6. Strong customer support 7. Advanced trading platforms. | 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. Limited global market access 2. High fees for certain services 3. Lack of personalized investment advice 4. Limited customer support options 5. Possible technical glitches or system downtime 6. Potential for delays in order execution 7. Limited availability of certain investment products or asset classes 8. Relatively smaller user base compared to larger brokerage firms. | 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 |
Motisons Shares Vs ICICI Direct - Background
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Compare All Brokers
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - STT/CTT
| Motisons Shares | 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 | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Demat transaction charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - GST
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - SEBI Charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Account Opening & AMC Charges
Motisons Shares
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 + GST per year
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
NA
₹0 (Free)
Motisons Shares Vs ICICI Direct
| Motisons Shares | ICICI Direct | |
|---|---|---|
Motisons Shares Account Opening Process and Required Documents |
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.
Motisons Shares Vs ICICI Direct - Brokerage charges & Plans
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Commodity Futures | Upto 2.5% | ₹20/ Order |
| Currency Futures | Upto 2.5% | ₹20/ Order |
| Equity Delivery | Upto 2.5% | ₹0.09% |
| Equity Options | Upto 2.5% | ₹20/ Order |
| Commodity Options | Upto 2.5% | ₹20/ Order |
| Equity Futures | Upto 2.5% | ₹20/ Order |
| Currency Options | Upto 2.5% | ₹20/ Order |
| Fixed Charges | Upto 2.5% | ₹20/ Order |
| Equity Intraday | Upto 2.5% | ₹20/ Order |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Margin (Exposure)
| Motisons Shares | ICICI Direct | |
|---|---|---|
| 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) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Motisons Shares Vs ICICI Direct - Other Charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | Upto 2.5% | Prime Plan: ₹900/- |
| Minimum Brokerage | Upto 2.5% | ₹20/ Order |
Motisons Shares Vs ICICI Direct - STT/CTT
| Motisons Shares | 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 | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Motisons Shares Vs ICICI Direct - Demat transaction charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Motisons Shares Vs ICICI Direct - GST
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Motisons Shares Vs ICICI Direct - SEBI Charges
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Motisons Shares Vs ICICI Direct - Features
| Motisons Shares | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 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 |