ICICI Direct Vs Finvasia
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.
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
ICICI Direct Vs Finvasia - Broker Details
| ICICI Direct | Finvasia | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1995 | 2012 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | Zero |
| Brokerage | Prime Plan: ₹900/- | ₹0 (Free) |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Account Opening & AMC Charges
| ICICI Direct | Finvasia | |
|---|---|---|
| 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) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Brokerage charges & Plans
| ICICI Direct | Finvasia | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹0 (Free) |
| Currency Futures | ₹20/ Order | ₹0 (Free) |
| Equity Delivery | ₹0.09% | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹0 (Free) |
| Commodity Options | ₹20/ Order | ₹0 (Free) |
| Equity Futures | ₹20/ Order | ₹0 (Free) |
| Currency Options | ₹20/ Order | ₹0 (Free) |
| Fixed Charges | ₹20/ Order | ₹0 (Free) |
| Equity Intraday | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Other Charges
| ICICI Direct | Finvasia | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Transaction Charges
| ICICI Direct | Finvasia | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | ₹4000/Cr of premium |
| Equity Futures | NSE: 0.002% | ₹325/Cr |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | ₹325/Cr |
| Equity Options | NSE: 0.053% | ₹5000/Cr |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | ₹260/Cr |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | ₹115/Cr |
| Equity Delivery | 0.00345% trade on buy & sell | ₹325/Cr |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Margin (Exposure)
| ICICI Direct | Finvasia | |
|---|---|---|
| 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) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Features
| ICICI Direct | Finvasia | |
|---|---|---|
| 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Review & Rating
| ICICI Direct | Finvasia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Request a call back from Broker
| ICICI Direct | Finvasia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Investment Options
| ICICI Direct | Finvasia | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Order Type
| ICICI Direct | Finvasia | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Research & Report
| ICICI Direct | Finvasia | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Daily Market Report
| ICICI Direct | Finvasia | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Suitable For Investor
| ICICI Direct | Finvasia | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Pros & Cons
| ICICI Direct | Finvasia | |
|---|---|---|
| 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.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. |
| 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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Background
| ICICI Direct | Finvasia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Compare All Brokers
| ICICI Direct | Finvasia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - STT/CTT
| ICICI Direct | Finvasia | |
|---|---|---|
| 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 | Call Back Open Account |
ICICI Direct Vs Finvasia - Demat transaction charges
| ICICI Direct | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹9 + Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - GST
| ICICI Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - SEBI Charges
| ICICI Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Account Opening & AMC Charges
ICICI Direct
Finvasia
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)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Finvasia
| ICICI Direct | Finvasia | |
|---|---|---|
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.
|
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. |
|
|
|
|
|
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
ICICI Direct Vs Finvasia - Brokerage charges & Plans
| ICICI Direct | Finvasia | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹0 (Free) |
| Currency Futures | ₹20/ Order | ₹0 (Free) |
| Equity Delivery | ₹0.09% | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹0 (Free) |
| Commodity Options | ₹20/ Order | ₹0 (Free) |
| Equity Futures | ₹20/ Order | ₹0 (Free) |
| Currency Options | ₹20/ Order | ₹0 (Free) |
| Fixed Charges | ₹20/ Order | ₹0 (Free) |
| Equity Intraday | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Margin (Exposure)
| ICICI Direct | Finvasia | |
|---|---|---|
| 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) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Finvasia - Other Charges
| ICICI Direct | Finvasia | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account |
ICICI Direct Vs Finvasia - STT/CTT
| ICICI Direct | Finvasia | |
|---|---|---|
| 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 Finvasia - Demat transaction charges
| ICICI Direct | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹9 + Gst per scrip only on sell |
| Call Back Open Account |
ICICI Direct Vs Finvasia - GST
| ICICI Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
ICICI Direct Vs Finvasia - SEBI Charges
| ICICI Direct | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs Finvasia - Features
| ICICI Direct | Finvasia | |
|---|---|---|
| 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account | Call Back Open Account |