Sharekhan Vs ICICI Direct
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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.
Sharekhan Vs ICICI Direct - Broker Details
| Sharekhan | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE and NSE. |
| Branches | 153+ | 250+ |
| Brokerage | 0.03% | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
Sharekhan Vs ICICI Direct - Account Opening & AMC Charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 (from 2nd year) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Sharekhan Vs ICICI Direct - Brokerage charges & Plans
| Sharekhan | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20/ Order |
| Currency Futures | 0.03% per transaction value | ₹20/ Order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0.09% |
| Equity Options | ₹60/ Lot | ₹20/ Order |
| Commodity Options | ₹60/ Lot | ₹20/ Order |
| Equity Futures | 0.03% per transaction value | ₹20/ Order |
| Currency Options | ₹20/ Lot | ₹20/ Order |
| Fixed Charges | ₹1,00,000/ Year | ₹20/ Order |
| Equity Intraday | 0.03% per transaction value | ₹20/ Order |
Sharekhan Vs ICICI Direct - Other Charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹1,00,000/ Year | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.10% | ₹20/ Order |
Sharekhan Vs ICICI Direct - Transaction Charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: 0.002% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: 0.053% |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | 0.00345% trade on buy & sell |
Sharekhan Vs ICICI Direct - Margin (Exposure)
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity Options | 1 time (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) |
Sharekhan Vs ICICI Direct - Features
| Sharekhan | 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 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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Sharekhan Vs ICICI Direct - Review & Rating
| Sharekhan | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs ICICI Direct - Request a call back from Broker
| Sharekhan | ICICI Direct | |
|---|---|---|
Sharekhan Vs ICICI Direct - Investment Options
| Sharekhan | 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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Sharekhan Vs ICICI Direct - Order Type
| Sharekhan | 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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Sharekhan Vs ICICI Direct - Research & Report
| Sharekhan | 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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Sharekhan Vs ICICI Direct - Daily Market Report
| Sharekhan | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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Sharekhan Vs ICICI Direct - Suitable For Investor
| Sharekhan | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sharekhan Vs ICICI Direct - Pros & Cons
| Sharekhan | ICICI Direct | |
|---|---|---|
| Pros | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. | 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. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. | 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. |
Sharekhan Vs ICICI Direct - Background
| Sharekhan | ICICI Direct | |
|---|---|---|
Sharekhan Vs ICICI Direct - Compare All Brokers
| Sharekhan | ICICI Direct | |
|---|---|---|
Sharekhan Vs ICICI Direct - STT/CTT
| Sharekhan | 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 | 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 |
Sharekhan Vs ICICI Direct - Demat transaction charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Sharekhan Vs ICICI Direct - GST
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Sharekhan Vs ICICI Direct - SEBI Charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs ICICI Direct - Account Opening & AMC Charges
Sharekhan
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Sharekhan Vs ICICI Direct
| Sharekhan | ICICI Direct | |
|---|---|---|
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. + " 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.
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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.
Sharekhan Vs ICICI Direct - Brokerage charges & Plans
| Sharekhan | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20/ Order |
| Currency Futures | 0.03% per transaction value | ₹20/ Order |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0.09% |
| Equity Options | ₹60/ Lot | ₹20/ Order |
| Commodity Options | ₹60/ Lot | ₹20/ Order |
| Equity Futures | 0.03% per transaction value | ₹20/ Order |
| Currency Options | ₹20/ Lot | ₹20/ Order |
| Fixed Charges | ₹1,00,000/ Year | ₹20/ Order |
| Equity Intraday | 0.03% per transaction value | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Sharekhan Vs ICICI Direct - Margin (Exposure)
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity Options | 1 time (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 |
Sharekhan Vs ICICI Direct - Other Charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹1,00,000/ Year | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.10% | ₹20/ Order |
Sharekhan Vs ICICI Direct - STT/CTT
| Sharekhan | 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 | 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 |
Sharekhan Vs ICICI Direct - Demat transaction charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Sharekhan Vs ICICI Direct - GST
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Sharekhan Vs ICICI Direct - SEBI Charges
| Sharekhan | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Sharekhan Vs ICICI Direct - Features
| Sharekhan | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 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 |