ICICIdirect is an online trading and investment platform on ICICI Securities, the largest stock broker firm in India providing a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, Indi...
1. icicidirect.com will not allow trader/investors to sell first 10 mins of trade(opening hrs ) .infact if you place an order it will be queued , your sell/buy price might hve been traded @ that time but u will not get it . so crap website / broker in opening hrs. DING! 2. no margin trading in first 10 mins so if u are a news based trader a strong news is of no use DING! 3. Nevertheless brokerage charges are sky rocketing . probably u will make icici wealthy eventually by paying high brokerage charges .they say its 0.75% but if dont buy in large quantity it might go high . 4. many say its better for an investor rather than trader, if thats the case it is recommended for investors to go for reliance money . both use pathetic web based trading which takes its own sweet time to place an order . atleast with reliance money u r paying less brokerag charges (negligible when compared to icici 5.if you are not touching the website for 4 mins you have to login again starting from the scratch as with an order 1 min gone then start again 6. Worst part of all . great every often site faces technical problems and u cant login . u cant acces website till closing bell .if u have got ur price on market u cant sell it even though market has offered u want u need , REMEMBER market is volatile - anything can happen 7.if you are short term trader and fond of BNST way of trading , pls avoid icici as most of your gains are taken by icicidirect 8.Margin trading supported only in few stocks and no point in traders getting an account with icidirect.com 9.Sometimes bank balance might be wrongly shown in the website which might bring u a heart attack 10. u might be forced to keep a stock fearing to book losses as brokerage itself would round upto 2% eventually may lead you to book higher losses If anybody is of positive view about icicidirect i piety them . if you are short term / intraday trader just like me pls avoid icicidirect .
The worst in term of brockerages and often delay in funds and security payout the will eat 5% of your profit they really sucks every drop of your earning as they can.Margine trading the allow only afert 10:10 so most of time you lose initial chance to stke position time consuming But good thing good inteface and portfolio tracker
85. nagendra s chundawat Jan 26, 2008 8:56:24 PM IST | Reply
icici direct is the best and will remain best.yes brokerage charge is too high but srevices is world class.from last 3 years i hav not faced any problem, even it give 20 time intra day support. it s great!!!
84. balasaheb Jan 26, 2008 11:45:25 AM IST | Reply
Sharekhan- Research & update of company info is good. Online trading with after hours facility is also very good. But only problem is customer service, which is very very poor. Transfering money to saving a/c is very slow. ICICI Direct- Advantage is 3in1 a/c.Saving of time in transfering of money to saving a/c We can save time when you are in a urgent need. One can get money on same day. But only thing is that they charged some extra brokerage.
ICICIdirect is good enough for online trading as compared to others untill u know the site's application properly and overlook high brokarage. Besides it works good in broadband rather than dial-up connection
ICICIdirect is the worst place to do the trading.It doesn't showup when there is a urgent need. Even it's Customer Service web-page is also not working. It also charges very high brokerage ...hence i will not recommend this trading site to any one.
ICICIdirect is the worst place to do the trading.It doesn't showup when there is a urgent need for that(like during market crash,correction).This is a very badsite and they charge huge brokerage ...hence i will not recommend even to my enemies.
80. rajan gothi Jan 16, 2008 1:44:32 PM IST | Reply
when it come to online trading, choose only the best. reliance, icici, idbi all have pros n cons .. no one is perfect. You got to select out of these.Thank You
79. Masood Syed Jan 15, 2008 10:10:26 PM IST | Reply
Hi, - WORST CUSTOMER SERVICE - High Brokerage FEES - SLOW WEBSITE - NO TICKER
Opening demat a/c with icic is a pathetic procedure. The coordinators are not at all coperative..You have to go behind them and get ur work done. I am trying to do it for last 7 months but its not happening with one or the other reason..... its really pathetic
77. Debabrata Ghosh Jan 14, 2008 3:11:31 AM IST | Reply
Hi Guys, I had icici direct trading account for 4 years. It is only goo for beginers. But if you are active trader and doing day do day trading then icicidirect is the worst. Main problem of icici direct it doesn't have any live streamer like reliace money, share khan and investmartindia . So in icici direct there is a time lag of getting data. Icici direct is built on using ASP programming language which is completely obsolete, no company is using it for online trading in USA.
76. FlyingShadow Jan 11, 2008 12:21:21 PM IST | Reply
thnx dude. Ya you right , even i discovered it is available in Kotak and also USECURITIES.
I wanna know if Reliance,Geojit or any stock brokers provide this facility.
1)ICICI BANK DEMAT A/c CHARGES VERY HIGH BROKRAGE 2)BUT THIS BANK IS SO RESPONCEBLE AND GIVE US VERY EASY WEBSITE 3)INTRADAY TRADING CHARGES SO RESONEBLE & ATTRACTIVE 4)IF YOU ARE LONG INVESTOR I SUGGEST ICICI DMAT A/C 5)IF YOU ARE SHORT TERM INVESTOR SHAREKHAN.COM IS GOOD OPTION
EVERYBODY THINK 1000 TIMES B4 OPENING DEMAT OR ONLINE TRADING A/C IN ICICI .......ITS CHOR MAHA CHOR MAHA MAHA CHOR .........SITE HANGS SO MANY TIMES INA DAY ..NOT POSSIBLE TO TRADE IN 1ST 15 MINS .... BUT YES U CAN OPEN A/C & EVEN TRADE IF U HAVE A MONEY TREE & U DONT BOTHER OF LOOSING MONEY JUST BECAUSE OF THIS MAHA MAHA MAHA CHOR ICICI .. TAKE CARE.......TELLIN AGAIN DONT TRADE THROUGH ICICI IF U WANT TO SAFE UR HARD EARN MONEY .
Hi I read all your comments. Agree, icicidirect is not best, but it is better than others. My experience is that it is solid user friendly, easy purchase and redemption of mutual funds, easy equity. Everyday I open the site, it is quite fast, why you ppl are blaming it? Yes sometimes it is rather slow and show some tecnical problem. It's customer service I found is very good. It took me 2 months to get an account. I will recommend it for everybody till foreign online trading doesn't start. Problem with indiabulls is that they use your deposit,without permission. Reliance money is pathetic, you can't use it. Others I don't know. icicidirect is good.
69. jitendriya behera Dec 27, 2007 3:13:56 PM IST | Reply
I am jitendriya Speaking
The service of ICICIDIRECT.com is not so bd i think this is a good option for trading in the stock market, i have also about 6/7 months experience with it. it is good.....