Swastika Investmart Vs ICICI Direct
Swastika Investmart
Swastika Investmart 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.
Swastika Investmart Vs ICICI Direct - Broker Details
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | 102+ | 250+ |
| Brokerage | 0.03% per order | Prime Plan: ₹900/- |
| Broker Type | Full Service Broker | Full service Broker |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Account Opening & AMC Charges
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC | ₹0 (Free) |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Brokerage charges & Plans
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% per order | ₹20/ Order |
| Currency Futures | 0.03% per order | ₹20/ Order |
| Equity Delivery | 0.30% per order | ₹0.09% |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | ₹50 per lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Other Charges
| Swastika Investmart | 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 | 0.03% per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Transaction Charges
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Currency Options | 0.035% of Premium Value in case of Option Segment | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.002% | BSE: 0.0005% | NSE: 0.002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.003% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% | BSE: 0.025% | NSE: 0.053% |
| Commodity | 0.003100% | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | 0.003100% | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.003% | 0.00345% trade on buy & sell |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Margin (Exposure)
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Features
| Swastika Investmart | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web | 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 |
Swastika Investmart Vs ICICI Direct - Review & Rating
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Request a call back from Broker
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Investment Options
| Swastika Investmart | 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 |
Swastika Investmart Vs ICICI Direct - Order Type
| Swastika Investmart | 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 |
Swastika Investmart Vs ICICI Direct - Research & Report
| Swastika Investmart | 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 |
Swastika Investmart Vs ICICI Direct - Daily Market Report
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Suitable For Investor
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Pros & Cons
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Pros | 1. Swastika Investmart offers competitive brokerage rates, 2. They provide a wide range of investment options and financial products, 3. Swastika Investmart offers robust research and analysis services, 4. They have a strong presence and reputation in the industry, 5. Swastika Investmart offers personalized customer support and assistance. | 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. Swastika Investmart may have higher account opening fees or maintenance charges, 2. They might have limited availability in certain regions or cities, 3. Swastika Investmart may have higher brokerage charges for certain investment options, 4. They might have limited educational resources or investor education programs, 5. Swastika Investmart may not offer advanced trading tools or features compared to other brokers. | 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 |
Swastika Investmart Vs ICICI Direct - Background
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Compare All Brokers
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - STT/CTT
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Demat transaction charges
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - GST
| Swastika Investmart | 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 |
Swastika Investmart Vs ICICI Direct - SEBI Charges
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Account Opening & AMC Charges
Swastika Investmart
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
₹0 (Free)
Swastika Investmart Vs ICICI Direct
| Swastika Investmart | ICICI Direct | |
|---|---|---|
Swastika Investmart Review | Account Opening Charges, Brokerage, and Trading Platform |
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.
Swastika Investmart Vs ICICI Direct - Brokerage charges & Plans
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.03% per order | ₹20/ Order |
| Currency Futures | 0.03% per order | ₹20/ Order |
| Equity Delivery | 0.30% per order | ₹0.09% |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | ₹50 per lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Margin (Exposure)
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Swastika Investmart Vs ICICI Direct - Other Charges
| Swastika Investmart | 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 | 0.03% per order | Prime Plan: ₹900/- |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
Swastika Investmart Vs ICICI Direct - STT/CTT
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
Swastika Investmart Vs ICICI Direct - Demat transaction charges
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Swastika Investmart Vs ICICI Direct - GST
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Swastika Investmart Vs ICICI Direct - SEBI Charges
| Swastika Investmart | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Swastika Investmart Vs ICICI Direct - Features
| Swastika Investmart | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web | 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 |