ICICI Direct Vs Balaji Equities Ltd
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
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 Vs Balaji Equities Ltd - Broker Details
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Single Margin Facility |
|
Yes |
| Year of Incorporation | 1995 | 2000 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX |
| Branches | 250+ | N/A |
| Brokerage | Prime Plan: ₹900/- | 2.5% |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Account Opening & AMC Charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹500/- |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹300 per year |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Brokerage charges & Plans
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 2.5% |
| Currency Futures | ₹20/ Order | 2.5% |
| Equity Delivery | ₹0.09% | N/A |
| Equity Options | ₹20/ Order | ₹100/Lot |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order | ₹100/Lot |
| Currency Options | ₹20/ Order | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order | 2.5% |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Other Charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Transaction Charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE : 0.046% |
| Equity Futures | NSE: 0.002% | 0.01% on Sell Side |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE : 0.00325% | BSE : 0.00275% |
| Equity Options | NSE: 0.053% | 0.05% on Sell Side(on Premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX : 0.00260% | NCDEX : 0.00400% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE : 0.00135% |
| Equity Delivery | 0.00345% trade on buy & sell | NSE : 0.00325% | BSE : 0.00275% |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Margin (Exposure)
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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 |
ICICI Direct Vs Balaji Equities Ltd - Features
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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 Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Review & Rating
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Request a call back from Broker
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Investment Options
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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 |
ICICI Direct Vs Balaji Equities Ltd - Order Type
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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 |
ICICI Direct Vs Balaji Equities Ltd - Research & Report
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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 |
ICICI Direct Vs Balaji Equities Ltd - Daily Market Report
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Suitable For Investor
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Pros & Cons
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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. 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. |
| 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 Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Background
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Compare All Brokers
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - STT/CTT
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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) | 0.05% 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 |
ICICI Direct Vs Balaji Equities Ltd - Demat transaction charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹50 per order |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - GST
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 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) |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - SEBI Charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Account Opening & AMC Charges
ICICI Direct
Balaji Equities Ltd
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹500/-
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹300 per year
Trading Account AMC
₹0 (Free)
NA
ICICI Direct Vs Balaji Equities Ltd
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
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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Balaji Equities Ltd Account Opening Process and Charges Detail |
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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 Vs Balaji Equities Ltd - Brokerage charges & Plans
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 2.5% |
| Currency Futures | ₹20/ Order | 2.5% |
| Equity Delivery | ₹0.09% | N/A |
| Equity Options | ₹20/ Order | ₹100/Lot |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order | ₹100/Lot |
| Currency Options | ₹20/ Order | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order | 2.5% |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Margin (Exposure)
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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 |
ICICI Direct Vs Balaji Equities Ltd - Other Charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20/ Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - STT/CTT
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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) | 0.05% 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 |
ICICI Direct Vs Balaji Equities Ltd - Demat transaction charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹50 per order |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - GST
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 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) |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - SEBI Charges
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
ICICI Direct Vs Balaji Equities Ltd - Features
| ICICI Direct | Balaji Equities Ltd | |
|---|---|---|
| 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 Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |