Balaji Equities Ltd Vs ICICI Direct
Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer 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.
Balaji Equities Ltd Vs ICICI Direct - Broker Details
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Single Margin Facility | Yes |
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| Year of Incorporation | 2000 | 1995 |
| Exchanges | NSE, BSE, MCX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | 2.5% | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Account Opening & AMC Charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹500/- | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Brokerage charges & Plans
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Commodity Futures | 2.5% | ₹20/ Order |
| Currency Futures | 2.5% | ₹20/ Order |
| Equity Delivery | N/A | ₹0.09% |
| Equity Options | ₹100/Lot | ₹20/ Order |
| Commodity Options | ₹100/Lot | ₹20/ Order |
| Equity Futures | ₹100/Lot | ₹20/ Order |
| Currency Options | ₹100/Lot | ₹20/ Order |
| Fixed Charges | 2.5% | ₹20/ Order |
| Equity Intraday | 2.5% | ₹20/ Order |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Other Charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | 2.5% | Prime Plan: ₹900/- |
| Minimum Brokerage | 2.5% | ₹20/ Order |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Transaction Charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Currency Options | NSE : 0.046% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | 0.01% on Sell Side | NSE: 0.002% |
| Equity Intraday | NSE : 0.00325% | BSE : 0.00275% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.05% on Sell Side(on Premium) | NSE: 0.053% |
| Commodity | MCX : 0.00260% | NCDEX : 0.00400% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE : 0.00135% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE : 0.00325% | BSE : 0.00275% | 0.00345% trade on buy & sell |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Margin (Exposure)
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs ICICI Direct - Features
| Balaji Equities Ltd | 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: 3:15 PM | Equity F&O : 3:20 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. BELT Web Trading Platform, 2. BELtrade APP | 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 |
Balaji Equities Ltd Vs ICICI Direct - Review & Rating
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Request a call back from Broker
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Investment Options
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs ICICI Direct - Order Type
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs ICICI Direct - Research & Report
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs ICICI Direct - Daily Market Report
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Suitable For Investor
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Pros & Cons
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Pros | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. | 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 Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. | 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 |
Balaji Equities Ltd Vs ICICI Direct - Background
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Compare All Brokers
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - STT/CTT
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs ICICI Direct - Demat transaction charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - GST
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - SEBI Charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Account Opening & AMC Charges
Balaji Equities Ltd
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹500/-
₹0 (Free)
Demat Account AMC
₹300 per year
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
NA
₹0 (Free)
Balaji Equities Ltd Vs ICICI Direct
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
Balaji Equities Ltd Account Opening Process and Charges Detail |
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.
Balaji Equities Ltd Vs ICICI Direct - Brokerage charges & Plans
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Commodity Futures | 2.5% | ₹20/ Order |
| Currency Futures | 2.5% | ₹20/ Order |
| Equity Delivery | N/A | ₹0.09% |
| Equity Options | ₹100/Lot | ₹20/ Order |
| Commodity Options | ₹100/Lot | ₹20/ Order |
| Equity Futures | ₹100/Lot | ₹20/ Order |
| Currency Options | ₹100/Lot | ₹20/ Order |
| Fixed Charges | 2.5% | ₹20/ Order |
| Equity Intraday | 2.5% | ₹20/ Order |
| Call Back Open Account |
Balaji Equities Ltd Vs ICICI Direct - Margin (Exposure)
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs ICICI Direct - Other Charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹50/ Order |
| Other Brokerage Charges | 2.5% | Prime Plan: ₹900/- |
| Minimum Brokerage | 2.5% | ₹20/ Order |
Balaji Equities Ltd Vs ICICI Direct - STT/CTT
| Balaji Equities Ltd | 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 |
Balaji Equities Ltd Vs ICICI Direct - Demat transaction charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Balaji Equities Ltd Vs ICICI Direct - GST
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Balaji Equities Ltd Vs ICICI Direct - SEBI Charges
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Balaji Equities Ltd Vs ICICI Direct - Features
| Balaji Equities Ltd | ICICI Direct | |
|---|---|---|
| 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 Cash: 3:15 PM | Equity F&O : 3:20 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. BELT Web Trading Platform, 2. BELtrade APP | 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 |