Vedika Vanijya Vs ICICI Direct
Vedika Vanijya
Vedika Vanijya 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.
Vedika Vanijya Vs ICICI Direct - Broker Details
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2007 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | N/A | 250+ |
| Brokerage | ₹20 per order | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
Vedika Vanijya Vs ICICI Direct - Account Opening & AMC Charges
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹200 (online) | ₹400 (offline) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 Free | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year (For Non-corporate account) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | NA | ₹0 (Free) |
Vedika Vanijya Vs ICICI Direct - Brokerage charges & Plans
| Vedika Vanijya | 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 |
Vedika Vanijya Vs ICICI Direct - Other Charges
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹40/- Per Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹40/- Per Order | ₹50/ Order |
| Other Brokerage Charges | ₹20 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per order | ₹20/ Order |
Vedika Vanijya Vs ICICI Direct - Transaction Charges
| Vedika Vanijya | 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 |
Vedika Vanijya Vs ICICI Direct - Margin (Exposure)
| Vedika Vanijya | 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) |
Vedika Vanijya Vs ICICI Direct - Features
| Vedika Vanijya | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. V2 Mobile App, 2. Vedika Web Portal, 3. V2 Desktop EXE-based Software | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Vedika Vanijya Vs ICICI Direct - Review & Rating
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Vedika Vanijya Vs ICICI Direct - Request a call back from Broker
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
Vedika Vanijya Vs ICICI Direct - Investment Options
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Vedika Vanijya Vs ICICI Direct - Order Type
| Vedika Vanijya | 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 |
|
|
Vedika Vanijya Vs ICICI Direct - Research & Report
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Vedika Vanijya Vs ICICI Direct - Daily Market Report
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
|
|
Vedika Vanijya Vs ICICI Direct - Suitable For Investor
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Vedika Vanijya Vs ICICI Direct - Pros & Cons
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Excellent Customer Service and Support 3. Excellent customer service and support, 4. Competitive Pricing and Low Fees 5. Financial Independence | 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. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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. |
Vedika Vanijya Vs ICICI Direct - Background
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
Vedika Vanijya Vs ICICI Direct - Compare All Brokers
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
Vedika Vanijya Vs ICICI Direct - STT/CTT
| Vedika Vanijya | 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 |
Vedika Vanijya Vs ICICI Direct - Demat transaction charges
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50/ Request + GST | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Vedika Vanijya Vs ICICI Direct - GST
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Vedika Vanijya Vs ICICI Direct - SEBI Charges
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vedika Vanijya Vs ICICI Direct - Account Opening & AMC Charges
Vedika Vanijya
ICICI Direct
Trading Account Opening Charge
₹200 (online) | ₹400 (offline)
₹0 (Free)
Demat Account Opening Charge
₹0 Free
₹0 (Free)
Demat Account AMC
₹300 per Year (For Non-corporate account)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
NA
₹0 (Free)
Vedika Vanijya Vs ICICI Direct
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
Vedika Vanijya Account Opening Process and Charges Details |
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.
Vedika Vanijya Vs ICICI Direct - Brokerage charges & Plans
| Vedika Vanijya | 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 |
Vedika Vanijya Vs ICICI Direct - Margin (Exposure)
| Vedika Vanijya | 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) |
Vedika Vanijya Vs ICICI Direct - Other Charges
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹40/- Per Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹40/- Per Order | ₹50/ Order |
| Other Brokerage Charges | ₹20 per order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20 per order | ₹20/ Order |
Vedika Vanijya Vs ICICI Direct - STT/CTT
| Vedika Vanijya | 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 |
Vedika Vanijya Vs ICICI Direct - Demat transaction charges
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50/ Request + GST | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
Vedika Vanijya Vs ICICI Direct - GST
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Vedika Vanijya Vs ICICI Direct - SEBI Charges
| Vedika Vanijya | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vedika Vanijya Vs ICICI Direct - Features
| Vedika Vanijya | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. V2 Mobile App, 2. Vedika Web Portal, 3. V2 Desktop EXE-based Software | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|