ICICI Direct Vs mStock
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.
mStock
mStock 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 mStock - Broker Details
| ICICI Direct | mStock | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2022 |
| Exchanges | BSE and NSE. | NSE, BSE and MCX |
| Branches | 250+ | N/A |
| Brokerage | Prime Plan: ₹900/- | ₹0 |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Account Opening & AMC Charges
| ICICI Direct | mStock | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) |
| Trading Account AMC | ₹0 (Free) | ₹149 or ₹999 + ₹999 (One time AMC) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Brokerage charges & Plans
| ICICI Direct | mStock | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹0 |
| Currency Futures | ₹20/ Order | ₹0 |
| Equity Delivery | ₹0.09% | ₹0 |
| Equity Options | ₹20/ Order | ₹0 |
| Commodity Options | ₹20/ Order | ₹0 |
| Equity Futures | ₹20/ Order | ₹0 |
| Currency Options | ₹20/ Order | ₹0 |
| Fixed Charges | ₹20/ Order | ₹0 |
| Equity Intraday | ₹20/ Order | ₹0 |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Other Charges
| ICICI Direct | mStock | |
|---|---|---|
| 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 mStock - Transaction Charges
| ICICI Direct | mStock | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: 0.053% | NSE: 0.050% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | 0.00345% trade on buy & sell | BSE: 0.00375% | NSE: 0.00325% |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Margin (Exposure)
| ICICI Direct | mStock | |
|---|---|---|
| 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 mStock - Features
| ICICI Direct | mStock | |
|---|---|---|
| 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: 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. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Review & Rating
| ICICI Direct | mStock | |
|---|---|---|
| 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 mStock - Request a call back from Broker
| ICICI Direct | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Investment Options
| ICICI Direct | mStock | |
|---|---|---|
| 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 | Call Back Open Account |
ICICI Direct Vs mStock - Order Type
| ICICI Direct | mStock | |
|---|---|---|
| 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 | Call Back Open Account |
ICICI Direct Vs mStock - Research & Report
| ICICI Direct | mStock | |
|---|---|---|
| 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 | Call Back Open Account |
ICICI Direct Vs mStock - Daily Market Report
| ICICI Direct | mStock | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Suitable For Investor
| ICICI Direct | mStock | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Pros & Cons
| ICICI Direct | mStock | |
|---|---|---|
| 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.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. |
| 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Background
| ICICI Direct | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Compare All Brokers
| ICICI Direct | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - STT/CTT
| ICICI Direct | mStock | |
|---|---|---|
| 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 | 0.0125% 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 mStock - Demat transaction charges
| ICICI Direct | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹12 + Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - GST
| ICICI Direct | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - SEBI Charges
| ICICI Direct | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Account Opening & AMC Charges
ICICI Direct
mStock
Trading Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC
₹0 (Free)
₹149 or ₹999 + ₹999 (One time AMC)
ICICI Direct Vs mStock
| ICICI Direct | mStock | |
|---|---|---|
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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mStock Review 2024mStock .. |
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mStock
mStock 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 mStock - Brokerage charges & Plans
| ICICI Direct | mStock | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹0 |
| Currency Futures | ₹20/ Order | ₹0 |
| Equity Delivery | ₹0.09% | ₹0 |
| Equity Options | ₹20/ Order | ₹0 |
| Commodity Options | ₹20/ Order | ₹0 |
| Equity Futures | ₹20/ Order | ₹0 |
| Currency Options | ₹20/ Order | ₹0 |
| Fixed Charges | ₹20/ Order | ₹0 |
| Equity Intraday | ₹20/ Order | ₹0 |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs mStock - Margin (Exposure)
| ICICI Direct | mStock | |
|---|---|---|
| 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 mStock - Other Charges
| ICICI Direct | mStock | |
|---|---|---|
| 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 mStock - STT/CTT
| ICICI Direct | mStock | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
ICICI Direct Vs mStock - Demat transaction charges
| ICICI Direct | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹12 + Gst per scrip only on sell |
| Call Back Open Account |
ICICI Direct Vs mStock - GST
| ICICI Direct | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
ICICI Direct Vs mStock - SEBI Charges
| ICICI Direct | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
| Call Back Open Account |
ICICI Direct Vs mStock - Features
| ICICI Direct | mStock | |
|---|---|---|
| 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. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account | Call Back Open Account |