Gainn Fintech Vs ICICI Direct
Gainn Fintech
Gainn Fintech 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.
Gainn Fintech Vs ICICI Direct - Broker Details
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2021 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Account Opening & AMC Charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Brokerage charges & Plans
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Commodity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Delivery | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹0.09% |
| Equity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Commodity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Equity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Fixed Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Intraday | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Other Charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50/ Order |
| Other Brokerage Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | Prime Plan: ₹900/- |
| Minimum Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Transaction Charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.00345% trade on buy & sell |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Margin (Exposure)
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Features
| Gainn Fintech | 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 | 1x (100% of Normal margin (Span + Exposure) | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. My Gainn Mobile App, 2. My Gainn Trade Web Portal: | 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 |
Gainn Fintech Vs ICICI Direct - Review & Rating
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Request a call back from Broker
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Investment Options
| Gainn Fintech | 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 |
Gainn Fintech Vs ICICI Direct - Order Type
| Gainn Fintech | 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 |
Gainn Fintech Vs ICICI Direct - Research & Report
| Gainn Fintech | 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 |
Gainn Fintech Vs ICICI Direct - Daily Market Report
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Suitable For Investor
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Pros & Cons
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.Analyzes user data for better financial decision-making. | 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. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. | 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 |
Gainn Fintech Vs ICICI Direct - Background
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Compare All Brokers
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - STT/CTT
| Gainn Fintech | 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 | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Demat transaction charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per scrip per day | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - GST
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - SEBI Charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Account Opening & AMC Charges
Gainn Fintech
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per Year
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
N/A
₹0 (Free)
Gainn Fintech Vs ICICI Direct
| Gainn Fintech | ICICI Direct | |
|---|---|---|
Gainn Fintech Account Opening Review |
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.
Gainn Fintech Vs ICICI Direct - Brokerage charges & Plans
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Commodity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Delivery | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹0.09% |
| Equity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Commodity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Equity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Fixed Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Intraday | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Margin (Exposure)
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Gainn Fintech Vs ICICI Direct - Other Charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50/ Order |
| Other Brokerage Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | Prime Plan: ₹900/- |
| Minimum Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
Gainn Fintech Vs ICICI Direct - STT/CTT
| Gainn Fintech | 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 | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Gainn Fintech Vs ICICI Direct - Demat transaction charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per scrip per day | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Gainn Fintech Vs ICICI Direct - GST
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Gainn Fintech Vs ICICI Direct - SEBI Charges
| Gainn Fintech | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gainn Fintech Vs ICICI Direct - Features
| Gainn Fintech | 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 | 1x (100% of Normal margin (Span + Exposure) | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. My Gainn Mobile App, 2. My Gainn Trade Web Portal: | 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 |