Zerodha Vs ICICI Direct Vs Trade Plus Online

Zerodha Vs ICICI Direct Vs Trade Plus Online


Background

Company Year of Incorporationcontact No.Exchanges enabledDemat (NSDL/CDSL)
Zerodha2010 0120-6633205 NSE, BSE, MCX-SX & MCXCDSL
ICICI Direct2000022-61150000NSE, BSE, MCX-SX, MCX & NCDEXNSDL,CDSL
Trade Plus Online1983 as Navia Markets Ltd1800-425-75757NSE, BSE & MCXNSDL

 

Financial Health

COMPANYProfit after Tax FY11/12Profit after Tax FY12/13PROFIT AFTER TAX FY13/14 Profit after Tax FY 14/15
ZerodhaRs 2.3 CroresRs 5.8 CroresRs 10.27 CroresNA
ICICI DirectRs 77.1 CroresRs 68.2 CroresRs 74.9 CroresNA
Trade Plus OnlineRs 10.07 LakhsRs 22.02 LakhsRs 51.3 Lakhs NA

 

COMPANYDebt FY11/12Debt FY12/13Debt FY13/14Debt FY 14/15
Zerodha000NA
ICICI DirectRs 209 CroresRs 219 CroresRs 317 CroresNA
Trade Plus OnlineRs 2.31 LakhsRs 24.98 LakhsRs 91.98 LakhsNA

 

COMPANYProfit to Equity(%) FY11/12Profit to Equity(%) FY12/13Profit to Equity(%) FY13/14Profit to Equity(%) FY 14/15
Zerodha152244147NA
ICICI Direct322127.07NA
Trade Plus Online0.961.996.67NA

 

COMPANY Balance Sheet Size FY11/12 Balance Sheet Size FY12/13 Balance Sheet Size  FY13/14 Balance Sheet Size  14/15
ZerodhaRs 25.4 CroresRs 64.5 CroresRs 111.1 CroresNA
ICICI DirectRs 948 CroresRs 908 CroresRs 1620 CroresNA
ICICI DirectRs 26.93 CroresRs 20.45 CroresRs 22.08 CroresNA

 

Brokerage

CompanyEquityEquity FuturesEquity OptionsCurrency FuturesCurrency OptionsCommodity
ZerodhaFreedom Plan, Pro Plan, ultimate brokerage.Freedom Plan, Pro Plan, ultimate brokerage.Freedom Plan, Pro Plan, ultimate brokerage.Freedom Plan, Pro Plan, ultimate brokerage.Freedom Plan, Pro Plan, ultimate brokerage.Freedom Plan, Pro Plan, ultimate brokerage.
ICICI DirectEquity Intraday 0.05% & Delivery 0.25%- Negotiable0.05% of Turnover for Overnight & Intraday only one side- NegotiableRs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable0.05% of Turnover for Overnight & Intraday only one side- NegotiableRs 95/lot for Overnight & Rs 25/lot for Intraday – NegotiableNA
Trade Plus Online0.1% delivery and 0.01% intradayRs.799/- per month (unlimited zero brokerage trading) – Refundable plan or 0.01%Rs.99/- per month (unlimited zero brokerage trading) – Refundable planRs.99/- per month (unlimited zero brokerage trading) – Refundable planRs.99/- per month (unlimited zero brokerage trading) – Refundable planRs.99/- per month (unlimited zero brokerage trading) – Refundable plan

 

Account Opening Costs

COMPANYTrading onlyTrading & DematCommodity
ZerodhaFreeFreeFree
ICICI DirectNARs 975 for 3 in 1 AccountNA
Trade Plus OnlineNILAccount opening fee : NIL, DP AMC Rs.900/- for 10 years OR Rs. 500 for 5 yearsAccount opening – NIL

 

Transparency & other costs

CompanyEquityFuturesOptionsCommodities AMC chargeDP Transaction ChargeOffline order placing Charge
Zerodha0.00325% on Turnover0.0021% on Contract Turnover0.053% on Premium Turnover0.0031% on Contract turnoverTrading: 0, Demat: Rs 300/yearRs 14 per debit instructionRs 20 per executed order
ICICI Direct0.00325% of Turnover0.0019% of Turnover0.05% of TurnoverNARs 450/YearRs 25/Transaction or 0.05% whichever higher0
Trade Plus Online0.00325% of Turnover0.00350% of Turnover0.0750% on Premium Turnover0.004% of TurnoverTrading 0, Demat Rs. 900 for 10 years and 500 for 5 yearsFor POA holder – Max of Rs. 15 or 0.02% of turnover. For NON POA holder – Max of Rs. 20 or 0.02% of turnoverRs 1000 per month (unlimited) or Rs 75/day (unlimited) per segment. Two days free every calendar month.

 

Platforms

COMPANY SoftwareWeb/HTML 5Mobile
Zerodhayesyesno
ICICI DirectYesYesYes
Trade Plus Online  Yes Yes Yes

 

Charting & Reporting

CompanyIntradayEnd of DayCoding/BacktestingOnline Trade ReportsOnline PNL ReportsOnline Contract Notes
Zerodha365 days on Zerodha Pi10 years on Zerodha PiYesYesYesyes
ICICI Direct20 days10 yearsNoYesYesyes
Trade Plus Online22 days10 YearsYesYes Yes Yes

 

Margins(Leverage Provided)

CompanyEquityEquity FuturesEquity OptionsCurrency FuturesCurrency OptionsCommodity
ZerodhaUp to 20 times for intraday, 0 for deliveryUp to 7 times intraday leverageBuying no leverage, Shorting up to 7 times leverage intraday2 times intraday leverageBuying no leverage, Shorting up to 2 times intraday leverage2.5 times intraday leverage
ICICI DirectIntraday upto 25 times & Delivery upto 5 times for interestUpto 4 times for intradayNot for buying but upto 2 times for shortingNANANA
Trade Plus Online30 X on NIFTY 50 StocksSPAN/4 on Indices and NIFTY 50 stock2 times on selling2 times intradayNo LeverageSPAN/4

 

Support & Tools

Company Research & Tips Brokerage CalculatorMargin CalculatorBracket orders & Trailing StoplossTraining & Education
ZerodhaYesYesYesYesYes
ICICI DirectYesNoNoNoYes
Trade Plus Online YesYesYesNoYes

 

Convenience

COMPANY 3 in 1 AccountInstant Fund withdrawalRelationship Managers
ZerodhaNoNoNo
ICICI DirectYesYesYes
Trade Plus OnlineNoYesNo