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ICICIDirect Stock Trading, Demat, Brokerage and Reviews


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ICICI Securities Pvt Ltd.

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.

ICICIDirect Stock Broker Review Ratings

278 votes  Rate ICICIDirect

Overall Rating Fees Brokerage Usability Customer Service
Rated 2.5 stars Rated 2.4 stars Rated 1.8 stars Rated 3.3 stars Rated 2.8 stars
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51. ashok dixit  Nov 15, 2007 12:41:28 AM IST Reply
I am having very bad experience of the icici bank demet and banking survice.never support the custoemr,most unreliabel bank,opereted by untraind uncultured staff.
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50. prasad  Nov 13, 2007 10:51:25 PM IST Reply
sorry abt 4-5 hrs
it takes 15-20 minutes to fill and submit.
it takes 4-5 hrs to see the lots of shares you transfered in demat account.
regards,
Prasad
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49. prasad  Nov 13, 2007 10:47:37 PM IST Reply
For message no 58
Hi Praneet,
you can visit the nearest icici bank that offers demat services and fill TFID booklet.
in this booklet you will have forms
you just have give the icici demat account number to which you want to tranfer and provide the share name and sign below.
visiting the nearest icici branch will help you fill the form if you have any queries.
its fast and easy mode.
it takes 4-5 hrs only.
Regards,
Prasad
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48. Praneeth  Nov 1, 2007 8:28:14 AM IST Reply
Hi Guys,

Can anyone let me know what is the procedure to transfer shares from 1 ICICI DEMAT account to the other ICICI DEMAT account.

Thnks,
Praneeth.
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47. Sat  Nov 1, 2007 2:10:54 AM IST Reply
1) icici direct have very high brokerage.
2) Web site is slow when trading volume is more.
3) Web site User Interface is good.
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46. www.bijuayyappan.blogspot.com  Oct 31, 2007 4:39:07 PM IST Reply
I been having an account with icicidirect for the last 3 years, I'm not a big time investor, but mostly im happy with their service. It's easy to use, friendly.
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45. Vijay Cherian  Oct 31, 2007 6:46:53 AM IST Reply
Submitted application (NRI status) for Demat Account / Online Trading in March 2006. Now it is Oct 2007 - till now not succeeded in opening the account inspite of re-submitting the application 4 times and incurring several thousands towards courier charges since I stay abroad. The employee turnover in ICICI is very high - none of them seem to know what they are doing - they boast that they are the biggest bank in India - but, they are the worst in customer service !!. They were prompt in deducting the charges of Rs 3500/- towards Demat account opening - but the account is yet to be opened even after 18 months !! - the worst possible service !!! - requested for cancelling the application and refunding the amount - absolutely no response at all !! - cheating people seems to be their moto !!
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44. anil gaindhar  Oct 24, 2007 11:57:26 PM IST Reply
I heard lot about icici direct and got registered but no executive called on me even i visited their office at malwa towers ab road INDORE.BUT my broker helped me filled up the forms after lots of formalties under the guise of KYC NORMS AND MUST HAVE PUT 52 SIGNATURES BUT DATE YET TO HAVE THE ACCOUNTS
I AM INTERESTEDIN ONLINE IPOS
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43. rockstar  Oct 20, 2007 10:44:33 PM IST Reply
is there any site to check status of dividends awarded. i have to check for dlf nd ongc.......
plz anyone reply who ever knows
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42. Rajesh Shah  Oct 19, 2007 3:14:38 PM IST Reply
Very poor ICICIDIRECT website access especially during peak hours. Have called and omplained quite a few times and t hey say their server is running fine. They are not ready to listen to our complaints. They absolutely do not care for their customers. Just going around singing "Hum Hain Naa" is of no use. You have to keep up to what you claim which they never do.

Am having 5 accounts of ICICIDirect of all my family members and am now planning for a shift soon as this website is useless. Whenever I wish to place an order, it is not accessible. Its pathetic....
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41. GANESH  Oct 10, 2007 4:08:53 PM IST Reply
JAI, just go ahead and open with them.....they are good i feel. i am there with them for 2 yrs+...was also in the critical mode recently thinking them to be costly based on readers opinions....So i started enquiring with various brokerages.....So my answer to you is stick with icici if u are or in case u r new then be bindaas to open with them...U will really enjoy....The others majority are chindi....most say brokerage is 0.3/0.5 vs icici 0.75...but there are various traps in between.....for eg geogit gives 0.3 but it doesnt give other features like watchlist,. For that u have to join a fixex brokerage monthly scheme.....Thus each one shows different types of chindigiri......So end in end i thought"jo hai wohi sahi hain"....for a few 100 rs brokerage just going here n there is foolish....Icici is really good. Near to it if u want try bank of india trading . Open with the bank....They have tieup with Asit mehta.....but there also it is ambiguous as to what additional features they give and give not...like portofilio, watchlists,etc......If just money is the criteria for you i.e brokerage should be the least and balance features not essential, then i think u should take a decision of your own based on research with other brokerages....Else icici is best for everything, no doubts. For a slight cost they are still like Microsoft windows vis a vis linux. I hope this is clear to you and all newbies.
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40. jai  Sep 24, 2007 5:12:35 PM IST Reply
hi all i am thinking of opening a icicidirect accout .but after reading all these comments i am not too sure .please addvice
regards jai
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39. K.K.T  Sep 16, 2007 12:49:53 AM IST Reply
DEAR MR BHAVIN SHAH DO U TRADE FREQUENTLY ONLINE IF YES & THEN ALSO U ARE SATISFIED WITH ICICI U MUST BE 1 FROM 1000 WHO IS NOT COMPLAING.
I HAVE LAST 2.5 YRS EXP & ITS DIRTY ,WORST .....SITE WONT ALLOW BE TO WRITE FURTHER U CAN UNDERSTAND THEY ARE ...,..., ... CHORS MAHA CHOR USELESS STAFF .
OUTT OF 20 TRADING DAYS U WIL GFACE TECHNICAL PROBLEMS IN ONLINE ATLEAST FOR 15DAYS .

HOPE NO ONE TRADES FROM ICICI.
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38. BHAVIN SHAH  Sep 13, 2007 8:43:19 PM IST Reply
As u all mention that icicidirect is slow web sight as per my experience it is not slow websight slow is computer processor and web connection if it is brodband it is very quick plus i have this account for about two years i do not have any single mistake from the bank and not any error in my accounts so in my opinion if they take little more in brokerage fees still it worth then risk of money and error headeche , the customer service is one of the best as per my experience thanks
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37. B.VINOD BABU  Sep 11, 2007 12:09:53 PM IST Reply
Really it's very difficulta to open an on lined account with ICICI.I have submitted my application on 07.06.2007, still it could not open and several mails and phone calls are being done.Finally even in online also I have given my request no executive neither reached nor responded.
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36. RAJA  Sep 7, 2007 6:05:37 PM IST Reply
CHOR PPLS ALWAYS FACING TECHNICAL PROBLEMS .USELESS STAFF......JUST KNOW HOW TO LOOT THEIR CUSTOMERS AVOID TRADING THROUGH ICICID 1 very high brokarage
2 service at br very very poor
3 offrs clueless about banking and trading account IRECT.
CHOR CHOR MAHA BADA CHOR SITE FOOOLS THEY ARE ............
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35. KINJAL  Aug 10, 2007 10:47:07 PM IST Reply
I M TRADINFG VIA ICICIDIRECT SINCE LAST 2.5 YRS ...BEFORE IT WAS BETTER BUT NOW ITS WORST.VERY SLOW SITE.ITS IMPOSSIBLE TO TRADE FROM 9.55 TO 10.10 .ORDERS ARE NOT EXECUTED AT THAT TIME.IN BETWEEN ALSO SITE STOPS WORKING THEIR EXECUTIVE JUST SAYS SORRY TECHNICAL PROBS BUT ITS NOT FAIR ........THEY SHOULD DEFINATELY IMPROVE.
AS WVWRY BODY KNOWS ITS MOST EXPENSIVE .....BROK.
I HAVE MAILED MY COMPLAINT MANY TIMES BUT NO RESPONSE FROM THEIR SIDE .
I HOPE THEY IMPROVE.
KINJAL
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34. Sanjay Sharma   Aug 10, 2007 8:47:52 PM IST Reply
icici demat account very poor becouse the new IPO share alloted then it is in the allocatied side then we saw it is wich share we don't know becouse ther write N/A WHAT is na then he can not come demate allocation why not u show that name this problem in the icici direct account no any other but why then we allocatied about 2-3 minuts after that we go for sale that time share rate low it is always prblem

SANJAY SHARMA
N.H. MEDICOSE
MANU MARG ALWAR
MOB. 09351655385
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33. areB  Aug 10, 2007 7:33:46 PM IST Reply
bhaumikchoksi,
This is the advice to u. Next time u email to icici bank, send a copy to the banking ombudsman. You'll find that ur work will be done like their arse is on fire!
Try it! It really works.
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32. sureshq  Aug 10, 2007 9:48:52 AM IST Reply
ICICI is worst ever.
1. Very poor query handling
2. damn slow web site espl market hour
3. highly expensive (almost 1% buy and sell time charge)
4. LIMIT option for day trade not thr
5. If u do day trade using ICICI u loose, such slow response, rate shows one thing and get executed at other rate

Over all ... better stay away from this
think of anad rati

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