ICICI Securities Limited is a part of nationally renowned ICICI Group. ICICI Direct is a prominent part of ICICI Securities that offers various investment choices such as stocks, mutual funds, bonds etc. to its active client base of 29,08,417 as of October 2022.
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
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.
Account Opening Charges
FreeAccount Maintenance Charges
₹ 700Call & Trade Charges
FreeEquity Delivery Brokerage
0.55%Equity Intraday Brokerage
0.05%Equity Futures Brokerage
0.05%Equity Options Brokerage
₹ 95Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
2xEquity Intraday Margin
7xEquity Futures Margin
4xEquity Options Margin
4x/2xCurrency Futures Margin
4xCurrency Options Margin
0xCommodity Futures Margin
2.5xCommodity Options Margin
0xAccount Opening Charges
FreeAccount Maintenance Charges
₹ 300Plan Charges
₹ 299Call & Trade Charges
₹ 50Equity Delivery Brokerage
0.55%Equity Intraday Brokerage
₹ 20Equity Futures Brokerage
₹ 0Equity Options Brokerage
₹ 20Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
2xEquity Intraday Margin
7xEquity Futures Margin
4xEquity Options Margin
4x/2xCurrency Futures Margin
4xCurrency Options Margin
0xCommodity Futures Margin
2.5xCommodity Options Margin
0xAccount Opening Charges
FreeAccount Maintenance Charges
₹ 700Plan Charges
₹ 5000Call & Trade Charges
FreeEquity Delivery Brokerage
0.25%Equity Intraday Brokerage
0.025%Equity Futures Brokerage
0.025%Equity Options Brokerage
₹ 35Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
2xEquity Intraday Margin
10xEquity Futures Margin
4xEquity Options Margin
4x/2xCurrency Futures Margin
4xCurrency Options Margin
0xCommodity Futures Margin
3xCommodity Options Margin
0xAccount Opening Charges
FreeAccount Maintenance Charges
₹ 700Plan Charges
₹ 299Call & Trade Charges
FreeEquity Delivery Brokerage
0.27%Equity Intraday Brokerage
0.027%Equity Futures Brokerage
0.027%Equity Options Brokerage
₹ 40Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
2xEquity Intraday Margin
7xEquity Futures Margin
4xEquity Options Margin
4x/2xCurrency Futures Margin
4xCurrency Options Margin
0xCommodity Futures Margin
2.5xCommodity Options Margin
0xAccount Opening Charges
FreeAccount Maintenance Charges
₹ 700Plan Charges
₹ 999Call & Trade Charges
FreeEquity Delivery Brokerage
0.22%Equity Intraday Brokerage
0.022%Equity Futures Brokerage
0.022%Equity Options Brokerage
₹ 30Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
1xEquity Intraday Margin
6xEquity Futures Margin
1xEquity Options Margin
1xCurrency Futures Margin
1xCurrency Options Margin
1xCommodity Futures Margin
1xCommodity Options Margin
1xAccount Opening Charges
FreeAccount Maintenance Charges
₹ 700Plan Charges
₹ 1999Call & Trade Charges
FreeEquity Delivery Brokerage
0.18%Equity Intraday Brokerage
0.018%Equity Futures Brokerage
0.018%Equity Options Brokerage
₹ 25Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
1xEquity Intraday Margin
6xEquity Futures Margin
1xEquity Options Margin
1xCurrency Futures Margin
1xCurrency Options Margin
1xCommodity Futures Margin
1xCommodity Options Margin
1xAccount Opening Charges
FreeAccount Maintenance Charges
₹ 700Plan Charges
₹ 2999Call & Trade Charges
FreeEquity Delivery Brokerage
0.15%Equity Intraday Brokerage
0.015%Equity Futures Brokerage
0.015%Equity Options Brokerage
₹ 20Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
1xEquity Intraday Margin
6xEquity Futures Margin
1xEquity Options Margin
1xCurrency Futures Margin
1xCurrency Options Margin
1xCommodity Futures Margin
1xCommodity Options Margin
1xSet 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.
Advantages and Strengths of this broker.
Disadvantages of this broker that it needs to improve upon.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
ICICI Direct offers various trader-friendly plans with reduced brokerage. Their web trading platform lacks terminal experience. Equity delivery is chargeable in all plans. They offer limited leverage across plans.
They have premium plans with different rewards for the customers
Equity ATM facility is available which means that the amount is immediately credited to your account upon selling of shares (available only on sale of selected stocks). You are entitled to receive up to ₹ 50,000 per day within 30 minutes of the execution of the order.
Technical analysis & charting tools are available in the trading platforms.
They provide free subscriptions of premium online courses, magazines etc.
They also publish an e-magazine named ‘Money Manager’ for market updates. Also provide recommendations and research reports.
Customers can check their portfolio’s risk component and also find targeted investment plans on the website by simply logging in.
A mobile trading application offered for both Android & iOS users. The simple and user-friendly interface is helpful for both traders and investors. The app offers features such as stocks movement with real time quotes. Apart from stocks & mutual funds, customers can also invest in bonds, FDs, Insurance, NPS, and even apply for loans through this app.
Trader Racer is a website from ICICI Direct used for trading & investment. Customers who find using the app inconvenient can access this website from any computer or desktop. It provides a single platform for trading in all segments. Also provides advanced charting features, access to trading calls and research reports, and quick fund transfer and payout facility.
|
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.00325% - NSE |
0.00325% - NSE |
0.0019% - NSE |
0.05% - NSE |
|
Demat Transaction Charges |
Sell side, ₹ 18.5 per scrip |
- |
- |
- |
|
Clearing Charges |
- |
- |
0.0002% - NSE |
0.005% - NSE |
|
GST |
18% on Brokerage + Transaction + Demat Charges |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction + Clearing Charges |
18% on Brokerage + Transaction + Clearing Charges |
|
STT |
₹ 100 per Lacs |
Sell side, ₹ 25 per Lacs |
Sell side, ₹ 10 per Lacs |
Sell side, ₹ 50 per Lacs |
|
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
₹ 10 per crore |
₹ 10 per crore |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0026% Non Agri |
- |
|
Clearing Charges |
0.00% |
0.00% |
|
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
|
STT |
Sell side, 0.01% - Non Agri |
Sell side, 0.05% |
|
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
|
CHARGES |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.0009% - NSE |
0.04% - NSE |
|
Clearing Charges |
0.0004% - NSE |
0.025% - NSE |
|
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
|
STT |
- |
- |
|
SEBI Charges |
₹ 10 per crore |
₹ 10 per crore |
|
Prepaid Plan (Lifetime) |
Cash % |
Margin / Futures % |
Options (Per Lot) |
Currency Futures & Options |
Commodity Futures |
|
₹ 5000 |
0.25 |
0.025 |
₹ 35 |
₹ 20 per order |
₹ 20 per order |
|
₹ 12500 |
0.22 |
0.022 |
₹ 30 |
₹ 20 per order |
₹ 20 per order |
|
₹ 25000 |
0.18 |
0.018 |
₹ 25 |
₹ 20 per order |
₹ 20 per order |
|
₹ 50000 |
0.15 |
0.015 |
₹ 20 |
₹ 20 per order |
₹ 20 per order |
|
₹ 1,00,000 |
0.12 |
0.012 |
₹ 15 |
₹ 20 per order |
₹ 20 per order |
|
₹ 1,50,000 |
0.09 |
0.009 |
₹ 10 |
₹ 20 per order |
₹ 20 per order |
|
Prime Plan (Yearly) |
Cash % |
Margin / Futures % |
Options (Per Lot) |
Currency Futures & Options |
Commodity Futures |
eATM Limit |
Special MTF Interest rates/LPC (% per Day) |
|
₹ 299 |
0.27 |
0.027 |
₹ 40 |
₹ 20 per order |
₹ 20 per order |
2.5 lakhs |
0.04 |
|
₹ 999 |
0.22 |
0.022 |
₹ 35 |
₹ 20 per order |
₹ 20 per order |
10 lakhs |
0.0035 |
|
₹ 1999 |
0.18 |
0.018 |
₹ 25 |
₹ 20 per order |
₹ 20 per order |
25 lakhs |
0.031 |
|
₹ 2999 |
0.15 |
0.015 |
₹ 20 |
₹ 20 per order |
₹ 20 per order |
1 Cr |
0.024 |
Company name:
ICICI Securities LimitedContact:
1860-123-1122Email:
helpdesk@icicidirect.comOverall Rating
3.9Based on 10 reviews
Review Analytics
Platform 1 votes
Charges 4 votes
Transparency 1 votes
Features 1 votes
Customer Support 1 votes
chester jester
(4)Posted on 12 Apr 2022
Using since 2019. Has a steep learning curve but is good in the long run. Would give 5 stars if minor tech discrepancies are done away. Nevertheless the development team is good, making it more feasible by the day.
kavya kathuria
(5)Posted on 29 Apr 2021
Great
k. ritika
(5)Posted on 23 Apr 2021
Really recommended
nitin parmar
(5)Posted on 01 Jan 2021
5 year
ganesh jayaraman
(4)Posted on 22 Dec 2020
No issues in terms of trading or the quality of their software. Charges are a bit high.
abhijay shukla
(5)Posted on 20 Dec 2020
it is good for full time trader sand safe for investor
someswar kumar
(3)Posted on 20 Dec 2020
I have been using since 2015. Brokerage is very high compares to others. Otherwise service is good.
sujon palit
(1)Posted on 19 Dec 2020
Charges very high
anshul jain
(2)Posted on 19 Dec 2020
For equity the brokerage is very high. Maintaince charges are also very high. For mutual fund they majorly sell regular plan not direct plan and push plans from where they get higher commission i feel have invested in couple of the mand they didnt even gave 5%return in 3 years. They have a very good customer handling team and provided assistance on phone is I feel best. The appand technology is very good.
hrushikesh chavan
(5)Posted on 19 Dec 2020
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Disclosure:
Excessive trading is injurious to your financial health, it will benefit only your broker (and us). Opening an account through Finology Select does not cost you anything extra. Finology Consultancy Services Private Limited and its associates are authorized/marketing partners of brokers listed on Select.
Please be informed that the charges (and leverage) mentioned are indicative and are subject to change based on government regulations & SEBI compliances. Select doesn't offer investment advice in any form. It is just a medium to compare the brokers on various criteria and make a selection.
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