ICICI
Full Service Broker
About Broker
ICICI Securities Limited is a member of the nationally renowned ICICI Group. ICICI Direct, a prominent division of ICICI Securities, provides a wide array of investment options, including stocks, mutual funds, bonds, and more. As of March 2024, ICICI Direct has an active client base of 1,845,202.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
account opening
Freeaccount maintenance
₹700call trade
FreeBrokerage
equity delivery
0.55% on order valueequity intraday
0.05% on order valueequity futures
0.05% on order valueequity options
₹95 per ordercurrency futures
₹20currency options
₹20commodity futures
₹20commodity options
₹20Margins
Equity Delivery
2x As per exchangeEquity Intraday
7x As per exchangeEquity Futures
4x As per exchangeEquity Options
4x/2x As per exchangeCurrency Futures
4x As per exchangeCurrency Options
0x As per exchangeCommodity Futures
2.5x As per exchangeCommodity Options
0x As per exchangeCharges
account opening
Freeaccount maintenance
₹300call trade
₹50Brokerage
equity delivery
0.55% on order valueequity intraday
₹20 up to Rs 20equity futures
₹0 up to Rs 20equity options
₹20 per ordercurrency futures
₹20currency options
₹20commodity futures
₹20commodity options
₹20Margins
Equity Delivery
2x As per exchangeEquity Intraday
7x As per exchangeEquity Futures
4x As per exchangeEquity Options
4x/2x buy/sellCurrency Futures
4x As per exchangeCurrency Options
0x As per exchangeCommodity Futures
2.5x As per exchangeCommodity Options
0x As per exchangePlatforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Advantages and Strengths of this broker.
Access a single website to invest online in mutual funds, IPOs, postal savings schemes, and GOI bonds.
Experience a reduced bandwidth website for trading on smartphones or slower internet connections.
Technical analysis and stock tips are offered to customers at no charge.
Enjoy the convenience of placing multiple orders with Basket Order functionality.
Utilize the featured platform, Sensibull, for options trading.
Disadvantages of this broker that it needs to improve upon.
ICICI Direct imposes high brokerage fees across various plans.
A premium plan is necessary to access preferred brokerage rates.
Higher brokerage fees are charged by ICICI Direct to customers who trade in penny stocks.
The charge for call & trade is high (after exhausting the first 20 free calls in a month).
There is no provision for free mutual fund investments.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
NSE:
clearing charges
--
dp charges
₹ 18.5 per company
gst
18% on Brokerage + Transaction
stt
0.1%
sebi charges
₹ 5 per crore
transaction charges
NSE:
clearing charges
--
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.025%
sebi charges
₹ 5 per crore
transaction charges
NSE:
clearing charges
NSE:
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.025%
sebi charges
₹ 5 per crore
transaction charges
NSE:
clearing charges
NSE:
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.05% on Option premium on sell transactions. 0.125% on settlement value where Option contracts are exercised
sebi charges
₹ 5 per crore
