ICICI Direct Vs TradePlus
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.
TradePlus
TradePlus 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 TradePlus - Broker Details
| ICICI Direct | TradePlus | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1983 |
| Exchanges | BSE and NSE. | BSE, NSE, MCX, and CDSL |
| Branches | 250+ | N/A |
| Brokerage | Prime Plan: ₹900/- | 0.025% on the Sell Side |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Account Opening & AMC Charges
| ICICI Direct | TradePlus | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
| 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) | ₹99* per month (This charge depends on the plan) |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Brokerage charges & Plans
| ICICI Direct | TradePlus | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | ₹20/ Order | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | ₹0.09% | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹20/ Order | ₹99 per month or ₹60 per lot each side |
| Equity Futures | ₹20/ Order | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/ Order | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹20/ Order | 0.01% |
| Equity Intraday | ₹20/ Order | 0.01% |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Other Charges
| ICICI Direct | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | ₹50/ Order | ₹ 75/- per day +GST |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.01% |
| Minimum Brokerage | ₹20/ Order | 0.01% |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Transaction Charges
| ICICI Direct | TradePlus | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE: 0.037% | BSE: 0.00025% |
| Equity Futures | NSE: 0.002% | NSE: NSE: 0.002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00335% | BSE:0.00375% |
| Equity Options | NSE: 0.053% | NSE: 0.0505% | BSE:0.00375% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | NSE: 0.0026% | BSE:0.0014% |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: 0.00095% | BSE: 0.00022% |
| Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00375% | BSE:0.00335% |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Margin (Exposure)
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 |
ICICI Direct Vs TradePlus - Features
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
ICICI Direct Vs TradePlus - Review & Rating
| ICICI Direct | TradePlus | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ICICI Direct Vs TradePlus - Request a call back from Broker
| ICICI Direct | TradePlus | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs TradePlus - Investment Options
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 TradePlus - Order Type
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 TradePlus - Research & Report
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 TradePlus - Daily Market Report
| ICICI Direct | TradePlus | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
ICICI Direct Vs TradePlus - Suitable For Investor
| ICICI Direct | TradePlus | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
ICICI Direct Vs TradePlus - Pros & Cons
| ICICI Direct | TradePlus | |
|---|---|---|
| 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. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources |
| 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. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Background
| ICICI Direct | TradePlus | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs TradePlus - Compare All Brokers
| ICICI Direct | TradePlus | |
|---|---|---|
| Call Back Open Account |
ICICI Direct Vs TradePlus - STT/CTT
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 TradePlus - Demat transaction charges
| ICICI Direct | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹50+ Gst per scrip only on sell |
| Call Back Open Account |
ICICI Direct Vs TradePlus - GST
| ICICI Direct | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account |
ICICI Direct Vs TradePlus - SEBI Charges
| ICICI Direct | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Account Opening & AMC Charges
ICICI Direct
TradePlus
Trading Account Opening Charge
₹0 (Free)
₹99* per month (This charge depends on the plan)
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)
₹99* per month (This charge depends on the plan)
ICICI Direct Vs TradePlus
| ICICI Direct | TradePlus | |
|---|---|---|
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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TradePlus Online Review 2024 |
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TradePlus
TradePlus 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 TradePlus - Brokerage charges & Plans
| ICICI Direct | TradePlus | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | ₹20/ Order | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | ₹0.09% | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹20/ Order | ₹99 per month or ₹60 per lot each side |
| Equity Futures | ₹20/ Order | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/ Order | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹20/ Order | 0.01% |
| Equity Intraday | ₹20/ Order | 0.01% |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Margin (Exposure)
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 |
ICICI Direct Vs TradePlus - Other Charges
| ICICI Direct | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | ₹50/ Order | ₹ 75/- per day +GST |
| Other Brokerage Charges | Prime Plan: ₹900/- | 0.01% |
| Minimum Brokerage | ₹20/ Order | 0.01% |
| Call Back Open Account |
ICICI Direct Vs TradePlus - STT/CTT
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 TradePlus - Demat transaction charges
| ICICI Direct | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹50+ Gst per scrip only on sell |
| Call Back Open Account |
ICICI Direct Vs TradePlus - GST
| ICICI Direct | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account |
ICICI Direct Vs TradePlus - SEBI Charges
| ICICI Direct | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ICICI Direct Vs TradePlus - Features
| ICICI Direct | TradePlus | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |