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Quick Comparision (ICICI Direct VS INDmoney)

 
 

ICICI Direct Vs INDmoney

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.


INDmoney
INDmoney 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 INDmoney - Broker Details

ICICI Direct INDmoney
Single Margin Facility
Year of Incorporation 1995 2019
Exchanges BSE and NSE. NSE, BSE and MCX
Branches 250+ 966
Brokerage Prime Plan: ₹900/- 0.05% or up to ₹20/Per Order
Broker Type Full service Broker Discount Broker
Call Back Open Account

ICICI Direct Vs INDmoney - Account Opening & AMC Charges

ICICI Direct INDmoney
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

ICICI Direct Vs INDmoney - Brokerage charges & Plans

ICICI Direct INDmoney
Commodity Futures ₹20/ Order N/A
Currency Futures ₹20/ Order 0.05% or up to ₹20/Per Order
Equity Delivery ₹0.09% 0.05% or up to ₹20/Per Order
Equity Options ₹20/ Order 0.05% or up to ₹20/Per Order
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order 0.05% or up to ₹20/Per Order
Currency Options ₹20/ Order 0.05% or up to ₹20/Per Order
Fixed Charges ₹20/ Order 0.05% or up to ₹20/Per Order
Equity Intraday ₹20/ Order 0.05% or up to ₹20/Per Order
Call Back Open Account

ICICI Direct Vs INDmoney - Other Charges

ICICI Direct INDmoney
RMS Square Off Charge ₹50/ Order ₹50 per position
API Charges ₹0 (Free) N/A
Call & Trade Charges ₹50/ Order ₹50 per position
Other Brokerage Charges Prime Plan: ₹900/- 0.05% or up to ₹20/Per Order
Minimum Brokerage ₹20/ Order 0.05% or up to ₹20/Per Order
Call Back Open Account

ICICI Direct Vs INDmoney - Transaction Charges

ICICI Direct INDmoney
Currency Options Exchange turnover charge: 0.04% |Clearing charge: 0.025% NSE: 0.035 % And | BSE: 0.001% On Options Premium Value
Equity Futures NSE: 0.002% NSE: 0.00195% on total turnover value
Equity Intraday NSE: 0.00345% | BSE: 0.00345% NSE - 0.00325% | BSE- 0.00375%
Equity Options NSE: 0.053% NSE: 0.053% on premium value
Commodity Non-Agri: Exchange turnover charge: 0.0026% Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value
Equity Delivery 0.00345% trade on buy & sell NSE - 0.00325% | BSE- 0.00375%
Call Back Open Account

ICICI Direct Vs INDmoney - Margin (Exposure)

ICICI Direct INDmoney
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 (no margin)
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

ICICI Direct Vs INDmoney - Features

ICICI Direct INDmoney
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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1. INDmoney Online Web Portal, 2. INDmoney Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct Vs INDmoney - Review & Rating

ICICI Direct INDmoney
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

ICICI Direct Vs INDmoney - Request a call back from Broker

ICICI Direct INDmoney
Call Back Open Account

ICICI Direct Vs INDmoney - Investment Options

ICICI Direct INDmoney
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

ICICI Direct Vs INDmoney - Order Type

ICICI Direct INDmoney
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

ICICI Direct Vs INDmoney - Research & Report

ICICI Direct INDmoney
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

ICICI Direct Vs INDmoney - Daily Market Report

ICICI Direct INDmoney
Daily Market Reports & News
Call Back Open Account

ICICI Direct Vs INDmoney - Suitable For Investor

ICICI Direct INDmoney
Casual Investor
Active Investor
Trader
Call Back Open Account

ICICI Direct Vs INDmoney - Pros & Cons

ICICI Direct INDmoney
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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed.
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 Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support.
Call Back Open Account

ICICI Direct Vs INDmoney - Background

ICICI Direct INDmoney
Call Back Open Account

ICICI Direct Vs INDmoney - Compare All Brokers

ICICI Direct INDmoney
Call Back Open Account

ICICI Direct Vs INDmoney - STT/CTT

ICICI Direct INDmoney
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% only 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% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell (On Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% only on sell side
Call Back Open Account

ICICI Direct Vs INDmoney - Demat transaction charges

ICICI Direct INDmoney
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹250/ per certificate
Call Back Open Account

ICICI Direct Vs INDmoney - GST

ICICI Direct INDmoney
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

ICICI Direct Vs INDmoney - SEBI Charges

ICICI Direct INDmoney
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account

ICICI Direct Vs INDmoney - Account Opening & AMC Charges

ICICI Direct
INDmoney
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 INDmoney

ICICI Direct INDmoney
 

ICICI Direct Review | Brokerage Charges, Account Opening

With 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.

INDmoney Account Opening Process, Charges, and Documentation Details

Read more..

 
 

INDmoney
INDmoney 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 INDmoney - Brokerage charges & Plans

ICICI Direct INDmoney
Commodity Futures ₹20/ Order N/A
Currency Futures ₹20/ Order 0.05% or up to ₹20/Per Order
Equity Delivery ₹0.09% 0.05% or up to ₹20/Per Order
Equity Options ₹20/ Order 0.05% or up to ₹20/Per Order
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order 0.05% or up to ₹20/Per Order
Currency Options ₹20/ Order 0.05% or up to ₹20/Per Order
Fixed Charges ₹20/ Order 0.05% or up to ₹20/Per Order
Equity Intraday ₹20/ Order 0.05% or up to ₹20/Per Order
Call Back Open Account

ICICI Direct Vs INDmoney - Margin (Exposure)

ICICI Direct INDmoney
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 (no margin)
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

ICICI Direct Vs INDmoney - Other Charges

ICICI Direct INDmoney
RMS Square Off Charge ₹50/ Order ₹50 per position
API Charges ₹0 (Free) N/A
Call & Trade Charges ₹50/ Order ₹50 per position
Other Brokerage Charges Prime Plan: ₹900/- 0.05% or up to ₹20/Per Order
Minimum Brokerage ₹20/ Order 0.05% or up to ₹20/Per Order
Call Back Open Account

ICICI Direct Vs INDmoney - STT/CTT

ICICI Direct INDmoney
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% only 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% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell (On Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% only on sell side
Call Back Open Account

ICICI Direct Vs INDmoney - Demat transaction charges

ICICI Direct INDmoney
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹250/ per certificate
Call Back Open Account

ICICI Direct Vs INDmoney - GST

ICICI Direct INDmoney
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

ICICI Direct Vs INDmoney - SEBI Charges

ICICI Direct INDmoney
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account

ICICI Direct Vs INDmoney - Features

ICICI Direct INDmoney
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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1. INDmoney Online Web Portal, 2. INDmoney Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct

INDmoney