Zerodha Vs ICICI Direct Vs Trade Plus Online

Zerodha Vs ICICI Direct Vs Trade Plus Online


Background

Company  Year of Incorporation contact No. Exchanges enabled Demat (NSDL/CDSL)
Zerodha 2010  0120-6633205  NSE, BSE, MCX-SX & MCX CDSL
ICICI Direct 2000 022-61150000 NSE, BSE, MCX-SX, MCX & NCDEX NSDL,CDSL
Trade Plus Online 1983 as Navia Markets Ltd 1800-425-75757 NSE, BSE & MCX NSDL

 

Financial Health

COMPANY Profit after Tax FY11/12 Profit after Tax FY12/13 PROFIT AFTER TAX FY13/14  Profit after Tax FY 14/15
Zerodha Rs 2.3 Crores Rs 5.8 Crores Rs 10.27 Crores NA
ICICI Direct Rs 77.1 Crores Rs 68.2 Crores Rs 74.9 Crores NA
Trade Plus Online Rs 10.07 Lakhs Rs 22.02 Lakhs Rs 51.3 Lakhs  NA

 

COMPANY Debt FY11/12 Debt FY12/13 Debt FY13/14 Debt FY 14/15
Zerodha 0 0 0 NA
ICICI Direct Rs 209 Crores Rs 219 Crores Rs 317 Crores NA
Trade Plus Online Rs 2.31 Lakhs Rs 24.98 Lakhs Rs 91.98 Lakhs NA

 

COMPANY Profit to Equity(%) FY11/12 Profit to Equity(%) FY12/13 Profit to Equity(%) FY13/14 Profit to Equity(%) FY 14/15
Zerodha 152 244 147 NA
ICICI Direct 32 21 27.07 NA
Trade Plus Online 0.96 1.99 6.67 NA

 

COMPANY  Balance Sheet Size FY11/12  Balance Sheet Size FY12/13  Balance Sheet Size  FY13/14  Balance Sheet Size  14/15
Zerodha Rs 25.4 Crores Rs 64.5 Crores Rs 111.1 Crores NA
ICICI Direct Rs 948 Crores Rs 908 Crores Rs 1620 Crores NA
ICICI Direct Rs 26.93 Crores Rs 20.45 Crores Rs 22.08 Crores NA

 

Brokerage

Company Equity Equity Futures Equity Options Currency Futures Currency Options Commodity
Zerodha 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. Freedom Plan, Pro Plan, ultimate brokerage.
ICICI Direct Equity Intraday 0.05% & Delivery 0.25%- Negotiable 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable NA
Trade Plus Online 0.1% delivery and 0.01% intraday Rs.799/- per month (unlimited zero brokerage trading) – Refundable plan or 0.01% Rs.99/- per month (unlimited zero brokerage trading) – Refundable plan Rs.99/- per month (unlimited zero brokerage trading) – Refundable plan Rs.99/- per month (unlimited zero brokerage trading) – Refundable plan Rs.99/- per month (unlimited zero brokerage trading) – Refundable plan

 

Account Opening Costs

COMPANY Trading only Trading & Demat Commodity
Zerodha Free Free Free
ICICI Direct NA Rs 975 for 3 in 1 Account NA
Trade Plus Online NIL Account opening fee : NIL, DP AMC Rs.900/- for 10 years OR Rs. 500 for 5 years Account opening – NIL

 

Transparency & other costs

Company Equity Futures Options Commodities  AMC charge DP Transaction Charge Offline order placing Charge
Zerodha 0.00325% on Turnover 0.0021% on Contract Turnover 0.053% on Premium Turnover 0.0031% on Contract turnover Trading: 0, Demat: Rs 300/year Rs 14 per debit instruction Rs 20 per executed order
ICICI Direct 0.00325% of Turnover 0.0019% of Turnover 0.05% of Turnover NA Rs 450/Year Rs 25/Transaction or 0.05% whichever higher 0
Trade Plus Online 0.00325% of Turnover 0.00350% of Turnover 0.0750% on Premium Turnover 0.004% of Turnover Trading 0, Demat Rs. 900 for 10 years and 500 for 5 years For POA holder – Max of Rs. 15 or 0.02% of turnover. For NON POA holder – Max of Rs. 20 or 0.02% of turnover Rs 1000 per month (unlimited) or Rs 75/day (unlimited) per segment. Two days free every calendar month.

 

Platforms

COMPANY  Software Web/HTML 5 Mobile
Zerodha yes yes no
ICICI Direct Yes Yes Yes
Trade Plus Online   Yes  Yes  Yes

 

Charting & Reporting

Company Intraday End of Day Coding/Backtesting Online Trade Reports Online PNL Reports Online Contract Notes
Zerodha 365 days on Zerodha Pi 10 years on Zerodha Pi Yes Yes Yes yes
ICICI Direct 20 days 10 years No Yes Yes yes
Trade Plus Online 22 days 10 Years Yes Yes  Yes  Yes

 

Margins(Leverage Provided)

Company Equity Equity Futures Equity Options Currency Futures Currency Options Commodity
Zerodha Up to 20 times for intraday, 0 for delivery Up to 7 times intraday leverage Buying no leverage, Shorting up to 7 times leverage intraday 2 times intraday leverage Buying no leverage, Shorting up to 2 times intraday leverage 2.5 times intraday leverage
ICICI Direct Intraday upto 25 times & Delivery upto 5 times for interest Upto 4 times for intraday Not for buying but upto 2 times for shorting NA NA NA
Trade Plus Online 30 X on NIFTY 50 Stocks SPAN/4 on Indices and NIFTY 50 stock 2 times on selling 2 times intraday No Leverage SPAN/4

 

Support & Tools

Company  Research & Tips  Brokerage Calculator Margin Calculator Bracket orders & Trailing Stoploss Training & Education
Zerodha Yes Yes Yes Yes Yes
ICICI Direct Yes No No No Yes
Trade Plus Online  Yes Yes Yes No Yes

 

Convenience

COMPANY  3 in 1 Account Instant Fund withdrawal Relationship Managers
Zerodha No No No
ICICI Direct Yes Yes Yes
Trade Plus Online No Yes No