Trade Smart Vs ICICI Direct
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
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.
Trade Smart Vs ICICI Direct - Broker Details
| Trade Smart | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 1995 |
| Exchanges | BSE, NSE and MCX. | BSE and NSE. |
| Branches | Zero | 250+ |
| Brokerage | 0.007% or ₹15/ Order | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
Trade Smart Vs ICICI Direct - Account Opening & AMC Charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 ( 2nd Year onwards) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Trade Smart Vs ICICI Direct - Brokerage charges & Plans
| Trade Smart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | ₹20/ Order |
| Currency Futures | 0.007% or ₹15/ Order | ₹20/ Order |
| Equity Delivery | 0.07% or ₹15/ Order | ₹0.09% |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
| Commodity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
| Equity Futures | 0.007% or ₹15/ Order | ₹20/ Order |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
| Fixed Charges | ₹15/ Order | ₹20/ Order |
| Equity Intraday | 0.007% or ₹15/ Order | ₹20/ Order |
Trade Smart Vs ICICI Direct - Other Charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹750/Order | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order + brokerage commission | ₹50/ Order |
| Other Brokerage Charges | 0.007% or ₹15/ Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹15/ Order | ₹20/ Order |
Trade Smart Vs ICICI Direct - Transaction Charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| Currency Options | 0.06% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | 0.0024% | NSE: 0.002% |
| Equity Intraday | 0.0035% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.0715% | NSE: 0.053% |
| Commodity | 0.0039% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | 0.00165% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | 0.0035% | 0.00345% trade on buy & sell |
Trade Smart Vs ICICI Direct - Margin (Exposure)
| Trade Smart | 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) |
Trade Smart Vs ICICI Direct - Features
| Trade Smart | 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 & F&O:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 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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Trade Smart Vs ICICI Direct - Review & Rating
| Trade Smart | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Trade Smart Vs ICICI Direct - Request a call back from Broker
| Trade Smart | ICICI Direct | |
|---|---|---|
Trade Smart Vs ICICI Direct - Investment Options
| Trade Smart | 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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Trade Smart Vs ICICI Direct - Order Type
| Trade Smart | 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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Trade Smart Vs ICICI Direct - Research & Report
| Trade Smart | 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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Trade Smart Vs ICICI Direct - Daily Market Report
| Trade Smart | ICICI Direct | |
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| Daily Market Reports & News |
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Trade Smart Vs ICICI Direct - Suitable For Investor
| Trade Smart | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Trade Smart Vs ICICI Direct - Pros & Cons
| Trade Smart | ICICI Direct | |
|---|---|---|
| Pros | 1.It provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. | 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.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. | 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. |
Trade Smart Vs ICICI Direct - Background
| Trade Smart | ICICI Direct | |
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Trade Smart Vs ICICI Direct - Compare All Brokers
| Trade Smart | ICICI Direct | |
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Trade Smart Vs ICICI Direct - STT/CTT
| Trade Smart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Trade Smart Vs ICICI Direct - Demat transaction charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Trade Smart Vs ICICI Direct - GST
| Trade Smart | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Trade Smart Vs ICICI Direct - SEBI Charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs ICICI Direct - Account Opening & AMC Charges
Trade Smart
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 ( 2nd Year onwards)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Trade Smart Vs ICICI Direct
| Trade Smart | ICICI Direct | |
|---|---|---|
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. + " Vs "+ ICICI Direct |
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.
Trade Smart Vs ICICI Direct - Brokerage charges & Plans
| Trade Smart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.007% or ₹15/ Order | ₹20/ Order |
| Currency Futures | 0.007% or ₹15/ Order | ₹20/ Order |
| Equity Delivery | 0.07% or ₹15/ Order | ₹0.09% |
| Equity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
| Commodity Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
| Equity Futures | 0.007% or ₹15/ Order | ₹20/ Order |
| Currency Options | ₹7/ Lot or ₹15/ Order | ₹20/ Order |
| Fixed Charges | ₹15/ Order | ₹20/ Order |
| Equity Intraday | 0.007% or ₹15/ Order | ₹20/ Order |
| Call Back Open Account |
Trade Smart Vs ICICI Direct - Margin (Exposure)
| Trade Smart | 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) |
Trade Smart Vs ICICI Direct - Other Charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹750/Order | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order + brokerage commission | ₹50/ Order |
| Other Brokerage Charges | 0.007% or ₹15/ Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹15/ Order | ₹20/ Order |
Trade Smart Vs ICICI Direct - STT/CTT
| Trade Smart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Trade Smart Vs ICICI Direct - Demat transaction charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Trade Smart Vs ICICI Direct - GST
| Trade Smart | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Trade Smart Vs ICICI Direct - SEBI Charges
| Trade Smart | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trade Smart Vs ICICI Direct - Features
| Trade Smart | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader | 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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