Founded in the year 2000, ICICI Direct is the platform to an astounding 3 million in total clients. ICICI Direct is the best online trading and funding platform of ICICI securities and it is one the largest stock broking company in India with offices over the PAN India. They provide a wide variety of investment options to the retail and institutional clients that are using their huge network of ICICI bank and ICICI direct branches. ICICI securities (I-sec) are the biggest brokerage house in India with more than 25 lakh customers.
ICICI Direct is providing outstanding advisory services to research, energetic trading, customer support, ease of use and much more. With the assistance of ICICI Direct, customers can easily get the services to invest money in equity, currency, derivatives and mutual funds with services like fixed deposits, loans, tax services, news pension structures and coverage etc.
You can do cash trading, gain margin product, margin plus product and call & trade services and can easily place market and limit order with the help of ICICI direct.
ICICI direct Account Opening Charges and Annual Maintenance Cost
- Trading Account Opening Fees – Free
- Trading AMC – NIL
- Demat Account Opening Fees – NIL
- Demat AMC – Rs. 600 (free for the first year)
- Own DP Service – Yes
ICICI direct Brokerage Plans
- 3 in 1 Account (I-Secure Plan)
- I – Saver Plan
ICICI direct Brokerage Charges
|Account Type||3-in-1 Account (I-Secure Plan)||I-Saver Plan|
|Equity Delivery Brokerage||0.55%||0.75% to 0.25%|
|Equity Intraday Brokerage||0.275%||0.75% to 0.25%|
|Equity Futures Brokerage||0.05% to 0.03%||0.05% to 0.03%|
|Equity Options Brokerage||Rs 95 to Rs 35 per lot||Rs 95 to Rs 65 per lot|
|Currency Futures Trading Brokerage||0.050% to 0.030%||0.05% to 0.03%|
|Currency Options Trading Brokerage||Rs 25 to Rs 10 per lot||0.05% to 0.03%|
|Commodity Trading Brokerage||NA||NA|
ICICI direct Transaction/ Turnover Charges
|Equity Delivery||Rs. 325 per Cr|
|Equity Intraday||Rs. 325 per Cr|
|Equity Futures||Rs. 190 per Cr|
|Equity Options||Rs. 5000 per Cr|
|Currency Futures||Rs. 325 per Cr|
|Currency Options||Rs. 100 per Cr|
|Commodity||Rs. 4000 per Cr|
ICICI direct Trading Platfrom
- Desktop Trading Platform – Trade Racer
- Web Trading Platform- com
- Mobile Trading Platform – ICICIDirect Lite
ICICI direct Pros
- 3 in 1 Account
- Mobile Trading
- SMS Alert
- Online Demo
- Online Portfolio
Get the best and effective online trading services to make the best benefits and revenue with the help of ICICI Direct. ICICI Direct is the superlative trading platform for all customers in all over the India. It is offering 3 in 1 account which makes stocks market investment for all the casual investors.With the assistance of it, customers can easily get several trading options under one portal and also can do investment online in IPOs, Mutual Funds, GOI Bonds and Postal Savings Schemes all from one website. General Insurance is also available from ICICI.
ICICI direct Cons
- Commodity trading is not possible.
- High brokerage rate.
- Not suitable for small scale traders.