Nirman Broking Vs ICICI Direct
Nirman Broking
Nirman Broking 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.
Nirman Broking Vs ICICI Direct - Broker Details
| Nirman Broking | ICICI Direct | |
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| Single Margin Facility |
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| Year of Incorporation | 1987 | 1995 |
| Exchanges | BSE, NSE, MCX and NCDEX | BSE and NSE. |
| Branches | 20 | 250+ |
| Brokerage | ₹20 per executed order or 0.05% | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Account Opening & AMC Charges
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹360 + GST per year | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Brokerage charges & Plans
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | ₹20 per executed per order or 0.05% | ₹20/ Order |
| Equity Delivery | ₹20 or 2.5% | ₹0.09% |
| Equity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Commodity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Equity Futures | ₹20 per executed order or 0.05% | ₹20/ Order |
| Currency Options | Flat ₹20 per executed per order | ₹20/ Order |
| Fixed Charges | ₹20 per executed order or 0.05% | ₹20/ Order |
| Equity Intraday | ₹20 per executed order or 0.05% | ₹20/ Order |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Other Charges
| Nirman Broking | 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 executed order or 0.05% | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per executed order or 0.05% | ₹20/ Order |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Transaction Charges
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: 0.002% |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE: 0.053% |
| Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE ₹120/Cr (0.0012%) | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | 0.00345% trade on buy & sell |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Margin (Exposure)
| Nirman Broking | 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 |
Nirman Broking Vs ICICI Direct - Features
| Nirman Broking | 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software | 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 |
Nirman Broking Vs ICICI Direct - Review & Rating
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Request a call back from Broker
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Investment Options
| Nirman Broking | ICICI Direct | |
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| 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 |
Nirman Broking Vs ICICI Direct - Order Type
| Nirman Broking | 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 |
Nirman Broking Vs ICICI Direct - Research & Report
| Nirman Broking | 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 |
Nirman Broking Vs ICICI Direct - Daily Market Report
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Suitable For Investor
| Nirman Broking | ICICI Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Pros & Cons
| Nirman Broking | 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 |
Nirman Broking Vs ICICI Direct - Background
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Compare All Brokers
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - STT/CTT
| Nirman Broking | 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 | 0.05% 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 | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Demat transaction charges
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - GST
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - SEBI Charges
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Account Opening & AMC Charges
Nirman Broking
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360 + GST per year
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
N/A
₹0 (Free)
Nirman Broking Vs ICICI Direct
| Nirman Broking | ICICI Direct | |
|---|---|---|
Nirman Broking Account Opening Process and Charges |
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.
Nirman Broking Vs ICICI Direct - Brokerage charges & Plans
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | ₹20 per executed per order or 0.05% | ₹20/ Order |
| Equity Delivery | ₹20 or 2.5% | ₹0.09% |
| Equity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Commodity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Equity Futures | ₹20 per executed order or 0.05% | ₹20/ Order |
| Currency Options | Flat ₹20 per executed per order | ₹20/ Order |
| Fixed Charges | ₹20 per executed order or 0.05% | ₹20/ Order |
| Equity Intraday | ₹20 per executed order or 0.05% | ₹20/ Order |
| Call Back Open Account |
Nirman Broking Vs ICICI Direct - Margin (Exposure)
| Nirman Broking | 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 |
Nirman Broking Vs ICICI Direct - Other Charges
| Nirman Broking | 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 executed order or 0.05% | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per executed order or 0.05% | ₹20/ Order |
Nirman Broking Vs ICICI Direct - STT/CTT
| Nirman Broking | 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 | 0.05% 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 | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Nirman Broking Vs ICICI Direct - Demat transaction charges
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Nirman Broking Vs ICICI Direct - GST
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Nirman Broking Vs ICICI Direct - SEBI Charges
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs ICICI Direct - Features
| Nirman Broking | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software | 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 |