Zerodha Rs 20 Trade

ICICIDirect Vs Sharekhan Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and Sharekhan stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Sharekhan's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and Sharekhan.

  ICICI Securities Pvt Ltd. Sharekhan
 
ICICI Securities Pvt Ltd. Logo Sharekhan Logo
About the Broker ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group... Know more about ICICI Securities Pvt Ltd. Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan
Type of Broker What is this parameter? Full Service Broker Full Service Broker
Supported Exchnage What is this parameter? BSE, NSE BSE, NSE, MCX, NCDEX, NSEL
Account Type What is this parameter? 3-in-1 Account (I-Secure Plan) Classic Account
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  ICICI Securities Pvt Ltd. Sharekhan
Trading Account Opening Fees What is this parameter? Rs 975 Rs 750 (adjusted against first 6 months brokerage)
Trading Account AMC What is this parameter? NIL NIL
Demat Account Opening Fees What is this parameter? NIL Rs 0
Demat Account AMC What is this parameter? Rs 450 Rs 400
Demat Account is Mandatory? What is this parameter?
Expand

Trading Brokerage Charges

  ICICI Securities Pvt Ltd. Sharekhan
Equity Delivery Brokerage What is this parameter? 0.55% 0.50%
Equity Intraday Brokerage What is this parameter? 0.275% 0.10%
Equity Futures Brokerage What is this parameter? 0.05% - 0.03% 0.10%
Equity Options Brokerage What is this parameter? Rs 95 - Rs 65 per lot Rs 100/- per lot or 2.5% on premium (which ever is higher)
Currency Futures Trading Brokerage What is this parameter? 0.050% - 0.030% 0.10%
Currency Options Trading Brokerage What is this parameter? Rs 95 - Rs 65 per lot Rs.30/- per lot or 2.5% on premium (which ever i
Commodity Trading Brokerage What is this parameter? NA 0.10%
Other Brokerage Charges What is this parameter?
Minimum Brokerage Charges What is this parameter? Rs 35 per trade
Expand

Transaction Charges

  ICICI Securities Pvt Ltd. Sharekhan
Equity Delivery What is this parameter? NSE: 0.0031% | BSE: 0.0035% 0.1% (Both sides)
Equity Intraday What is this parameter? NSE: 0.0031% | BSE: 0.0035% 0.025%
Equity Futures What is this parameter? 0.00185% 0.017% (Sell side)
Equity Options What is this parameter? 0.05% on Premium 0.017% (Sell side on premium)
Currency Futures What is this parameter? 0.0013%
Currency Options What is this parameter? 0.05% on Premium
Commodity What is this parameter? NA 0.0027%
Expand

Share Broker Features

  ICICI Securities Pvt Ltd. Sharekhan
3 in 1 Account What is this parameter? Yes No
Mobile Trading What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? Yes Yes
SMS Alerts What is this parameter? No Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes Yes
Margin Trading Funding Available What is this parameter? No
Combined Ledger for Equity and Commodity What is this parameter? No
Trading Platform What is this parameter? Trade Racer TradeTiger
Intraday Square-off Time What is this parameter? 3:30 PM
Other Features What is this parameter?
Expand

Broker Ratings (Average User Rating)

  ICICI Securities Pvt Ltd. Sharekhan
  261 Customer Reviews    Rate ICICIDirect 175 Customer Reviews    Rate Sharekhan
Fees Ratings 2.4 3.2
Trading Brokerage Rating 1.8 3.0
Trading Platform Usability 3.3 3.9
Customer Service Ratings 2.9 3.5
Overall Ratings Rated 2.5 stars Rated 3.6 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 261 customer reviews Sharekhan is Rated 3.6 / 5 based on 175 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Securities Pvt Ltd. Sharekhan
Contact / Request Call Back
Expand

Investment Options Available

  ICICI Securities Pvt Ltd. Sharekhan
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? No Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes Yes
Debt What is this parameter? Yes Yes
Other Investment Options What is this parameter?
Expand

Customer Service Offered

  ICICI Securities Pvt Ltd. Sharekhan
24/7 Customer Service What is this parameter? No No
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? No Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No Yes
Through Branches What is this parameter? Yes Yes
Expand

Research / Tips / Reports Published

  ICICI Securities Pvt Ltd. Sharekhan
Daily Market Report What is this parameter? Yes Yes
Free Tips What is this parameter? Yes Yes
Quarterly Result Analysis What is this parameter? Yes Yes
News Alerts What is this parameter? Yes Yes
Expand

Suitable for Investor Category

  ICICI Securities Pvt Ltd. Sharekhan
Casual Investor What is this parameter? Yes Yes
Active Investor What is this parameter? Yes
Trader What is this parameter?

Expand

Pros, Cons and Other Review Comments

  ICICI Securities Pvt Ltd. Sharekhan
Pros What is this parameter?
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.

More Advantages...

Cons What is this parameter?
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.

More Disadvantages...

  • Sharekhan doesn’t offer 3-in-1 account as it doesn’t offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.

More Disadvantages...

Reviews What is this parameter?
Promo / Offers What is this parameter?
 
Enquire about ICICIDirect Enquire about Sharekhan






Search Chittorgarh.com:

Translate Chittorgarh.com: