Zerodha Rs 20 Trade

ICICIDirect Vs Zerodha Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Zerodha'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 Zerodha.

  ICICI Securities Pvt Ltd. Zerodha
 
ICICI Securities Pvt Ltd. Logo Zerodha 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. Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... Know more about Zerodha
Type of Broker What is this parameter? Full Service Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE NSE, BSE, MCX-SX and MCX
Account Type What is this parameter? 3-in-1 Account (I-Secure Plan)
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 Zerodha. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  ICICI Securities Pvt Ltd. Zerodha
Trading Account Opening Fees What is this parameter? Rs 975 Rs 300
Trading Account AMC What is this parameter? NIL NIL
Demat Account Opening Fees What is this parameter? NIL Rs 150
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. Zerodha
Equity Delivery Brokerage What is this parameter? 0.55% Rs 20
Equity Intraday Brokerage What is this parameter? 0.275% Rs 20
Equity Futures Brokerage What is this parameter? 0.05% - 0.03% Rs 20
Equity Options Brokerage What is this parameter? Rs 95 - Rs 65 per lot Rs 20
Currency Futures Trading Brokerage What is this parameter? 0.050% - 0.030% Rs 20
Currency Options Trading Brokerage What is this parameter? Rs 95 - Rs 65 per lot Rs 20
Commodity Trading Brokerage What is this parameter? NA Rs 20
Other Brokerage Charges What is this parameter? 0.01% or Rs 20 per executed order, whichever is lower.
Minimum Brokerage Charges What is this parameter? Rs 35 per trade NIL
Expand

Transaction Charges

  ICICI Securities Pvt Ltd. Zerodha
Equity Delivery What is this parameter? NSE: 0.0031% | BSE: 0.0035% NSE: 0.00325% | BSE: 0.00275% | MCX-SX: 0.002%
Equity Intraday What is this parameter? NSE: 0.0031% | BSE: 0.0035% NSE: 0.00325% | BSE: 0.00275% | MCX-SX: 0.002%
Equity Futures What is this parameter? 0.00185% NSE: 0.0021% | BSE: 0.0007% | MCX-SX: 0.0014%
Equity Options What is this parameter? 0.05% on Premium NSE: 0.053% | BSE: 0.0027% | SX: 0.027% (on premium)
Currency Futures What is this parameter? 0.0013% NSE: 0.00135% | MCX-SX: 0.0013%
Currency Options What is this parameter? 0.05% on Premium NSE: 0.044% | MCX-SX: 0.037%
Commodity What is this parameter? NA Non-Agri: 0.0031% | Agri: 0.00175%
Expand

Share Broker Features

  ICICI Securities Pvt Ltd. Zerodha
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 Yes
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? Yes No
SMS Alerts What is this parameter? No No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes No
Margin Trading Funding Available What is this parameter? No No
Combined Ledger for Equity and Commodity What is this parameter? No
Trading Platform What is this parameter? Trade Racer NEST
Intraday Square-off Time What is this parameter? 3:10 PM
Other Features What is this parameter?
Expand

Broker Ratings (Average User Rating)

  ICICI Securities Pvt Ltd. Zerodha
  258 Customer Reviews    Rate ICICIDirect 133 Customer Reviews    Rate Zerodha
Fees Ratings 2.4 4.3
Trading Brokerage Rating 1.8 4.6
Trading Platform Usability 3.3 3.9
Customer Service Ratings 2.9 4.1
Overall Ratings Rated 2.5 stars Rated 4.2 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 258 customer reviews Zerodha is Rated 4.2 / 5 based on 133 customer reviews
Expand

Contact Broker / Request A Call Back

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

Investment Options Available

  ICICI Securities Pvt Ltd. Zerodha
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 No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? Yes No
Debt What is this parameter? Yes No
Other Investment Options What is this parameter?
Expand

Customer Service Offered

  ICICI Securities Pvt Ltd. Zerodha
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 No
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No No
Through Branches What is this parameter? Yes No
Expand

Research / Tips / Reports Published

  ICICI Securities Pvt Ltd. Zerodha
Daily Market Report What is this parameter? Yes No
Free Tips What is this parameter? Yes No
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
Expand

Suitable for Investor Category

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

Expand

Pros, Cons and Other Review Comments

  ICICI Securities Pvt Ltd. Zerodha
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...

  • The discount broker offering simple flat fee brokerage service.
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Offer Fully Automated Trading and Semi-Automated Trading through its plug-in with AmiBroker, the popular Technical Analysis Software.
  • After Market Orders (AMO) can be placed between 6:30 PM to 9:15 AM.
  • Zerodha offers 10% referral credit to its customers.

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...

  • Call and Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, FPO, Mutual Funds, Offer For Sale (OFS), Bond and NCD's.
  • Doesn't provide stock tips or recommendations.
  • No margin funding available.
  • GTC is only available in Commodities.

More Disadvantages...

Reviews What is this parameter? Useful Articles about Zerodha:
Promo / Offers What is this parameter?
Zerodha Discount

Special offer for Chittorgarh.com Visitors
Get Rs 100 discount when you open a Zerodha Trading Account through us. Simply leave your contact information with us and Zerodha representatives will call you.

 
Enquire about ICICIDirect Enquire about Zerodha






Search Chittorgarh.com:

Translate Chittorgarh.com: