ICICI Direct Vs Paterson 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.
Paterson Securities
Paterson 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 Paterson Securities - Broker Details
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1935 |
| Exchanges | BSE and NSE. | NSE, BSE |
| Branches | 250+ | 25 |
| Brokerage | Prime Plan: ₹900/- | 0.05% (minimum) |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Account Opening & AMC Charges
| ICICI Direct | Paterson 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 | Rs. 400 + GST per annum |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Brokerage charges & Plans
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.05% (minimum) |
| Equity Delivery | ₹0.09% | 0.5% (minimum) |
| Equity Options | ₹20/ Order | 0.05% (minimum) |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.05% (minimum) |
| Currency Options | ₹20/ Order | 0.05% (minimum) |
| Fixed Charges | ₹20/ Order | 0.05% (minimum) |
| Equity Intraday | ₹20/ Order | 0.05% (minimum) |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Other Charges
| ICICI Direct | Paterson Securities | |
|---|---|---|
| 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/- | 0.05% (minimum) |
| Minimum Brokerage | ₹20/ Order | 0.05% (minimum) |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Transaction Charges
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE: 0.053% | NSE: 0.053% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | Commodity Futures - 0.0026% Commodity Options - 0.05% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | 0.00345% trade on buy & sell | BSE: 0.00345% | NSE: 0.00345% |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Margin (Exposure)
| ICICI Direct | Paterson 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 Paterson Securities - Features
| ICICI Direct | Paterson 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 Cash: 03:21 PM | Equity F&O :03:15 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. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Review & Rating
| ICICI Direct | Paterson 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 Paterson Securities - Request a call back from Broker
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Investment Options
| ICICI Direct | Paterson 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 Paterson Securities - Order Type
| ICICI Direct | Paterson 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 Paterson Securities - Research & Report
| ICICI Direct | Paterson 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 Paterson Securities - Daily Market Report
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Suitable For Investor
| ICICI Direct | Paterson 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 Paterson Securities - Pros & Cons
| ICICI Direct | Paterson 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. Experience and Expertise 2. Research and Analysis 3. Transparency and Integrity 4. Responsive Customer Service, 5. User-Friendly Trading Platform, 6. Customized Investment Solutions |
| 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 Accessibility, 2. Lack of Personalized Investment Advice, 3. Restricted Access to Certain Markets or Investment Types, 4. Potential for Technical Glitches or Platform Outages |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Background
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Compare All Brokers
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - STT/CTT
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell side |
| 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) | 0.003% on the sell side |
| 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 | 0.002% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Demat transaction charges
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - GST
| ICICI Direct | Paterson 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 Paterson Securities - SEBI Charges
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Account Opening & AMC Charges
ICICI Direct
Paterson 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
Rs. 400 + GST per annum
Trading Account AMC
₹0 (Free)
NA
ICICI Direct Vs Paterson Securities
| ICICI Direct | Paterson 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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Paterson Securities Account Opening Process and Charges Detail |
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Paterson Securities
Paterson 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 Paterson Securities - Brokerage charges & Plans
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.05% (minimum) |
| Equity Delivery | ₹0.09% | 0.5% (minimum) |
| Equity Options | ₹20/ Order | 0.05% (minimum) |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.05% (minimum) |
| Currency Options | ₹20/ Order | 0.05% (minimum) |
| Fixed Charges | ₹20/ Order | 0.05% (minimum) |
| Equity Intraday | ₹20/ Order | 0.05% (minimum) |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Margin (Exposure)
| ICICI Direct | Paterson 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 Paterson Securities - Other Charges
| ICICI Direct | Paterson Securities | |
|---|---|---|
| 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/- | 0.05% (minimum) |
| Minimum Brokerage | ₹20/ Order | 0.05% (minimum) |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - STT/CTT
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on the sell side |
| 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) | 0.003% on the sell side |
| 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 | 0.002% on the sell side |
| Commodity Options | 0.05% on sell side | 0.05% on the sell side |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Demat transaction charges
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | N/A |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - GST
| ICICI Direct | Paterson 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 Paterson Securities - SEBI Charges
| ICICI Direct | Paterson Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs Paterson Securities - Features
| ICICI Direct | Paterson 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 Cash: 03:21 PM | Equity F&O :03:15 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. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |