ICICI Direct Vs Dealmoney Securities
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.
Dealmoney Securities
Dealmoney Securities 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 Dealmoney Securities - Broker Details
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2006 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | N/A |
| Brokerage | Prime Plan: ₹900/- | ₹10* per order |
| Broker Type | Full service Broker | Full Service Broker |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Account Opening & AMC Charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹0 (Free) First Year Free |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) First Year Free |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Brokerage charges & Plans
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹10* per order |
| Currency Futures | ₹20/ Order | ₹10* per order |
| Equity Delivery | ₹0.09% | ₹10* per order |
| Equity Options | ₹20/ Order | ₹10* per order |
| Commodity Options | ₹20/ Order | ₹10* per order |
| Equity Futures | ₹20/ Order | ₹10* per order |
| Currency Options | ₹20/ Order | ₹10* per order |
| Fixed Charges | ₹20/ Order | ₹10* per order |
| Equity Intraday | ₹20/ Order | ₹10* per order |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Other Charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹10* per order |
| Minimum Brokerage | ₹20/ Order | ₹10* per order |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Transaction Charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.053% | NSE: 0.05% (on premium) |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Margin (Exposure)
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Features
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Dealmoney Pro EXE Software, 2. DealmoneyPro Web, 3. DealmoneyPro Stock Trading Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Review & Rating
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Request a call back from Broker
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Investment Options
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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 Dealmoney Securities - Order Type
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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 Dealmoney Securities - Research & Report
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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 Dealmoney Securities - Daily Market Report
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Suitable For Investor
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Pros & Cons
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Background
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Compare All Brokers
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - STT/CTT
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Demat transaction charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹18.5 + GST per scrip |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - GST
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - SEBI Charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Account Opening & AMC Charges
ICICI Direct
Dealmoney Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free) First Year Free
Trading Account AMC
₹0 (Free)
₹0 (Free) First Year Free
ICICI Direct Vs Dealmoney Securities
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
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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Dealmoney Securities Account Opening and Closure Process Details |
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Dealmoney Securities
Dealmoney Securities 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 Dealmoney Securities - Brokerage charges & Plans
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹10* per order |
| Currency Futures | ₹20/ Order | ₹10* per order |
| Equity Delivery | ₹0.09% | ₹10* per order |
| Equity Options | ₹20/ Order | ₹10* per order |
| Commodity Options | ₹20/ Order | ₹10* per order |
| Equity Futures | ₹20/ Order | ₹10* per order |
| Currency Options | ₹20/ Order | ₹10* per order |
| Fixed Charges | ₹20/ Order | ₹10* per order |
| Equity Intraday | ₹20/ Order | ₹10* per order |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Margin (Exposure)
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Other Charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹10* per order |
| Minimum Brokerage | ₹20/ Order | ₹10* per order |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - STT/CTT
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Demat transaction charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹18.5 + GST per scrip |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - GST
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - SEBI Charges
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs Dealmoney Securities - Features
| ICICI Direct | Dealmoney Securities | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Dealmoney Pro EXE Software, 2. DealmoneyPro Web, 3. DealmoneyPro Stock Trading Mobile App |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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| Call Back Open Account |