Navkar Direct Vs ICICI Direct
Navkar Direct
Navkar Direct Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Navkar Direct Vs ICICI Direct - Broker Details
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1999 | 1995 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | ₹20 per order | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Account Opening & AMC Charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹300 per year (Individual account) ₹1200 per year (Corporate Account) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Brokerage charges & Plans
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹20 per order | ₹20/ Order |
| Currency Futures | ₹20 per order | ₹20/ Order |
| Equity Delivery | ₹20 per order | ₹0.09% |
| Equity Options | ₹20 per order | ₹20/ Order |
| Commodity Options | ₹20 per order | ₹20/ Order |
| Equity Futures | ₹20 per order | ₹20/ Order |
| Currency Options | ₹20 per order | ₹20/ Order |
| Fixed Charges | ₹20 per order | ₹20/ Order |
| Equity Intraday | ₹20 per order | ₹20/ Order |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Other Charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹50/ Order |
| Other Brokerage Charges | ₹20 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per order | ₹20/ Order |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Transaction Charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.002% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.053% |
| Commodity | 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 | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 0.00345% trade on buy & sell |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Margin (Exposure)
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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 |
Navkar Direct Vs ICICI Direct - Features
| Navkar Direct | ICICI Direct | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Review & Rating
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Trading Brokerage | 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal | |
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Request a call back from Broker
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Investment Options
| Navkar Direct | ICICI Direct | |
|---|---|---|
| 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 |
Navkar Direct Vs ICICI Direct - Order Type
| Navkar Direct | ICICI Direct | |
|---|---|---|
| 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 |
Navkar Direct Vs ICICI Direct - Research & Report
| Navkar Direct | ICICI Direct | |
|---|---|---|
| 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 |
Navkar Direct Vs ICICI Direct - Daily Market Report
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Suitable For Investor
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Pros & Cons
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Pros | 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing | 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. |
| Cons | 1. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, | 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. |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Background
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Compare All Brokers
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - STT/CTT
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Demat transaction charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - GST
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - SEBI Charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Account Opening & AMC Charges
Navkar Direct
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹300 per year (Individual account) ₹1200 per year (Corporate Account)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
N/A
₹0 (Free)
Navkar Direct Vs ICICI Direct
| Navkar Direct | ICICI Direct | |
|---|---|---|
Navkar Direct Account Opening Process and Charge Details 2024 |
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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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.
Navkar Direct Vs ICICI Direct - Brokerage charges & Plans
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹20 per order | ₹20/ Order |
| Currency Futures | ₹20 per order | ₹20/ Order |
| Equity Delivery | ₹20 per order | ₹0.09% |
| Equity Options | ₹20 per order | ₹20/ Order |
| Commodity Options | ₹20 per order | ₹20/ Order |
| Equity Futures | ₹20 per order | ₹20/ Order |
| Currency Options | ₹20 per order | ₹20/ Order |
| Fixed Charges | ₹20 per order | ₹20/ Order |
| Equity Intraday | ₹20 per order | ₹20/ Order |
| Call Back Open Account |
Navkar Direct Vs ICICI Direct - Margin (Exposure)
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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 |
Navkar Direct Vs ICICI Direct - Other Charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹50/ Order |
| Other Brokerage Charges | ₹20 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per order | ₹20/ Order |
Navkar Direct Vs ICICI Direct - STT/CTT
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Navkar Direct Vs ICICI Direct - Demat transaction charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Navkar Direct Vs ICICI Direct - GST
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Navkar Direct Vs ICICI Direct - SEBI Charges
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Navkar Direct Vs ICICI Direct - Features
| Navkar Direct | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Navkar Moneymaker Solo Software, 2. Navkar Stockplus App, 3. Navkar Tradeweb Portal | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |