ICICI Direct Review

● ICICI Direct is the 2nd leading Broker of the India in terms of Active Clients as per the current reports of NSE-2019.

● It is a retail trading and investment broking firm of ICICI securities.

● ICICI Direct is a Full service Bank Broker

● Well known to offer 3-in 1 account with all the segments like ...

  • ✔ Online Equity Trading
  • ✔ Derivatives Trading
  • ✔ Mutual Fund & IPO
  • ✔ Fixed Deposit
  • ✔ Bond, NCD, wealth products
  • ✔ Home Loans, Loan against Securities etc.
    • ● Serving 20 million+ client all over the world.It is very famous for its incredible support to their client all over the world.

      ● ICICI is very well known for giving its seem less trading experience to their clients by providing integrated 3 in 1 account that directly linked with clients bank account for instant fund transfer. ICICI offers trade in NSE and BSE both.


      Brokerage Charges

      Plan 1 - I-Secure Plan


      ● Equity Delivery Based Trades: 0.55% on order volume

      ● Equity Intraday Trades: 0.275% on order volume

      ● Equity Future: 0.05% to 0.03% on order volume

      ● Equity Options: Rs 95 to Rs 35 per lot

      ● Currency Futures: 0.050% to 0.030% on order volume

      ● Currency Options:Rs 25 to Rs 10 per lot on order volume

      ● Commodity :- NA


      Plan 2 - I-Saver Plan


      ● Equity Delivery Based Trades:0.75% to 0.25% on order volume

      ● Equity Intraday Trades:0.75% to 0.25% on order volume

      ● Equity Options: Rs 95 to Rs 65 per lot

      ● Currency Futures: 0.050% to 0.030% on order volume

      ● Currency Options:Rs 95 to Rs 65 per lot on order volume

      ● Commodity :- NA



      Trading Margin


      ● Intraday Trading - Intraday upto 25 times

      ● Equity Delivery Trading - Delivery upto 5 times for interest

      ● Futures Intraday Trading - Upto 4 times for intraday

      ● Currency futures - doesn't offer any exposure

      ● Currency Option - doesn't offer any exposure

      ● Options Intraday or delivery Trading - Not for buying but upto 2 times for shorting

      ● MCX - Naa



      Trading Platforms


      ICICI Trade RacerICICI direct

      ICICI Trade Racer is very easy and advance trading platform which makes trading of client seem less and valuable by proving following features

      ● Multiple watch Facility

      ● Single entry Page for trading.

      ● Advance Charting Tool

      ● Faster access shortcut Keys

      ● Customize color tool for charting .


      ICICI Trade Racer (Web)

      ● ICICI trade Racer web is website based Trading based platform.

      ● With all the charting facility and advance technological tool for buying and selling shares.

      ● It can be operates from anywhere by using browser at tab, laptop and desktop.


      ICICI Direct( Mobile)

      ● ICICI Direct also provides the mobile Application for trading terminal with all the advance technology.

      ● Mobile Updates.

      ● Market Tips and call.

      ● Advance analytical tool.

      ● Easy to use.



      Advantages & Disadvantages of having Account with Sharekhan.



      Advantages

      🙂 Provide 3-in-1 Demat Account.

      🙂 Websites are very low in size can easily download and operates at very low internet connection.

      🙂 Clients have opportunity to operates demat account and bank account together from icicidirect.com


      Disadvantages

      🙁 Brokerages charges are very as comparison to other brokers.

      🙁 MCX trading is not allow

      🙁 Charging per month Trade Terminal fee from clients .

      🙁 Charge Rs.25/- for every call on trade(Fist 20 call are free)

Open an account with ICICI-Direct