SBICAP Securities Vs ICICI Direct
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
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.
SBICAP Securities Vs ICICI Direct - Broker Details
SBICAP Securities | ICICI Direct | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1986 | 1995 |
Exchanges | NSE, BSE | BSE and NSE. |
Branches | 141+ | 250+ |
Brokerage | 0.075% | Prime Plan: ₹900/- |
Broker Type | Full service Broker | Full service Broker |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Account Opening & AMC Charges
SBICAP Securities | ICICI Direct | |
---|---|---|
Trading Account Opening Charge | ₹850/- | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹750 (₹500/- for e-statement) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Brokerage charges & Plans
SBICAP Securities | ICICI Direct | |
---|---|---|
Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹0.09% |
Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹20/ Order |
Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Other Charges
SBICAP Securities | ICICI Direct | |
---|---|---|
RMS Square Off Charge | ₹20/Order | ₹50/ Order |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | ₹10/Order | ₹50/ Order |
Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | Prime Plan: ₹900/- |
Minimum Brokerage | ₹20/Order | ₹20/ Order |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Transaction Charges
SBICAP Securities | ICICI Direct | |
---|---|---|
Currency Options | NSE: 0.05515% ( ₹5515/Crore) | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
Equity Futures | NSE:- 0.002206% ( ₹221/Crore) | NSE: 0.002% |
Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE: 0.00345% | BSE: 0.00345% |
Equity Options | NSE- 0.05515% (Rs.5515/crore) | NSE: 0.053% |
Commodity | N/A | Non-Agri: Exchange turnover charge: 0.0026% |
Currency Futures | 0.002206% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | 0.00345% trade on buy & sell |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Margin (Exposure)
SBICAP Securities | ICICI Direct | |
---|---|---|
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 |
SBICAP Securities Vs ICICI Direct - Features
SBICAP Securities | ICICI Direct | |
---|---|---|
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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Review & Rating
SBICAP Securities | ICICI Direct | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Request a call back from Broker
SBICAP Securities | ICICI Direct | |
---|---|---|
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Investment Options
SBICAP Securities | ICICI Direct | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Order Type
SBICAP Securities | ICICI Direct | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Research & Report
SBICAP Securities | ICICI Direct | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Daily Market Report
SBICAP Securities | ICICI Direct | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Suitable For Investor
SBICAP Securities | ICICI Direct | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Pros & Cons
SBICAP Securities | ICICI Direct | |
---|---|---|
Pros | 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. | 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. | 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 |
SBICAP Securities Vs ICICI Direct - Background
SBICAP Securities | ICICI Direct | |
---|---|---|
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Compare All Brokers
SBICAP Securities | ICICI Direct | |
---|---|---|
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - STT/CTT
SBICAP Securities | 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 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 |
SBICAP Securities Vs ICICI Direct - Demat transaction charges
SBICAP Securities | 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 |
SBICAP Securities Vs ICICI Direct - GST
SBICAP Securities | ICICI Direct | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - SEBI Charges
SBICAP Securities | ICICI Direct | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Account Opening & AMC Charges
SBICAP Securities Vs ICICI Direct
SBICAP Securities | ICICI Direct | |
---|---|---|
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. + " Vs "+ ICICI Direct |
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.
|
|
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.
SBICAP Securities Vs ICICI Direct - Brokerage charges & Plans
SBICAP Securities | ICICI Direct | |
---|---|---|
Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹0.09% |
Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹20/ Order |
Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
Call Back Open Account |
SBICAP Securities Vs ICICI Direct - Margin (Exposure)
SBICAP Securities | ICICI Direct | |
---|---|---|
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 |
SBICAP Securities Vs ICICI Direct - Other Charges
SBICAP Securities | ICICI Direct | |
---|---|---|
RMS Square Off Charge | ₹20/Order | ₹50/ Order |
API Charges | N/A | ₹0 (Free) |
Call & Trade Charges | ₹10/Order | ₹50/ Order |
Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | Prime Plan: ₹900/- |
Minimum Brokerage | ₹20/Order | ₹20/ Order |
SBICAP Securities Vs ICICI Direct - STT/CTT
SBICAP Securities | 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 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 |
SBICAP Securities Vs ICICI Direct - Demat transaction charges
SBICAP Securities | 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) |
SBICAP Securities Vs ICICI Direct - GST
SBICAP Securities | ICICI Direct | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SBICAP Securities Vs ICICI Direct - SEBI Charges
SBICAP Securities | ICICI Direct | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs ICICI Direct - Features
SBICAP Securities | ICICI Direct | |
---|---|---|
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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |