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...
I was also using this for quite some time now. being a small investor finds this not attractive as brokerage is very high ! Can someone advice me about the procedure to close this account, for availing services from another broker ?
328. ANIL MOHANTA Aug 3, 2013 11:49:01 PM IST | Reply
MARGIN EXPOSER IS REALLY GOOD
Brokerage - Below Average Account Maintenance Fees - Below Average Website Usability - Above Average Customer Service - Above Average Overall Experience - Average
Undoubtedly ICICI DIRECT is the best, but it is the worst broker if you are a small investor becathere minimum brokerage is 35 plus taxes in all the cases. So it is suitable for instititutional investors and for those long term investors who apply only IPO and Mutual funds. It is impossible for small investors to make a profit of single penny. 3in1 concept attracts but kills. Sharekhan is the best for small investors.Attach it with YES BANK and get 7% interest too.
Brokerage mentioned in this page is valid only if you trade for some 4.5k+ or 6.5k+ for these 2 plans, else the brokerage charges are 2.5%. They even charge brokerage for MF buy/SIP which many other brokers don''t. If you shop more than 7k every time & don''t buy mutual funds, you shouldn''t bother but enjoy all the fantastic features of online trading.
brokerage on higher side. Ex when I wanted to buy additional units of a mutual fund for Rs 1000/- the brokerage/charge appeared on the screen was Rs100/- that is it is 10% ? Is it not huge ?
322.1. Hitesh Jun 18, 2013 12:04:30 PM IST |
Hi all this is hitesh kumar jain, relationship officer at ventura securities the leading stock broker in bangalore. we offer free demo and training benefits to the clients for opening a online trading account to trade in shares and securities and multiplying your investments. we teach to certain secret strategies to be a profitable trader and believe me it has worked. and our brokerage is lowest in the industry upto 0.1 for delivery and 0.01 for intraday and 17/ rs per lot. we are client friendly company and service being our motto we give end to end service to clients from account opening to teaching a bout stocks, options and commodity trading. we also offer high holding margin and exposure upto 10 times.
if interested i will provide you with a video of our company and share some websites and excel sheet which demonstrates how profit could be made from some techniques.
321. Ram Rathod Jun 10, 2013 7:07:19 PM IST | Reply
Brokerage is very high in compare other brokering houses. ICICI Direct should contemplate about the brokerage. Other service is good,instant and praiseworthy. The only thing is about brokerage they should reduce brokerage. They should apply the brokerage according to the trades/trader or investors
321.1. Mohinder Singh Aug 25, 2013 11:18:09 AM IST |
Hi Hitesh, do let know more about your company and low brokerage details.
Icici gives excellent web usability. But it charges a hell lot in brokerages. Overall considering all the hidden charges. It is the costliest available service. I believe avoid.
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Excellent Customer Service - Below Average Overall Experience - Below Average
320.1. Satish Kumar Jun 10, 2013 4:53:23 PM IST |
Frustrated with high brokerage of icici direct, I tried sharekhan, ventura, and trade smart online. But on the whole I have come to the conclusion that icici direct is the best. With discount brokers you will get unlimited and unwarranted problems which will give you continious headache. discount brokers asks irelevent questions on withdrawal of more than rs 50000 and income tax department also asks you for such transactions.
Icicisecurties brokrage too much very poor service no free tollfree no
317. K R MADHU Mar 20, 2013 2:26:57 PM IST | Reply
Icici direct is not all good for trading and investing due to highest brokerage compare to other brokerage houses
Brokerage - Very Poor Account Maintenance Fees - Excellent Website Usability - Average Customer Service - Very Poor Overall Experience - Very Poor
316. cool mariner Mar 16, 2013 12:38:13 PM IST | Reply
THEY ARE CHEATERS..THEY R SO KEEN IN OPENING THE ACCNT. BUT ONCE U START TRADING, THEY DONT RESPOND TO UR CALLS, I LOST 150000RS BY AVAILING THEIR SERVICES. THEY KEPT THE SHARES FOR AROUND 15 WORKING DAYS EVEN AFTER I GAVE ORDER FOR SELLING THEM. THUS I INCURRED HEAVY LOSSES.THEY WERE VERY INCO-OPERATIVE IN CLOSING THE ACCOUNT.FINALLY I SOMEHOW MANAGED TO CLOSE THE ACCOUNT.
Brokerage - Very Poor Account Maintenance Fees - Below Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
316.1. Mohinder Singh Aug 25, 2013 11:22:48 AM IST |
It is really sad to see cool mariner loose due to neglect on part of icici securities, and it is true they do not respond well to calls and there is no way to contact them promptly over the phone, even their brokers fail to pick up the phone when called and mostly mislead on market trends and stock pick up. Brokerage is craily high here.
315. Dipak K Dey Mar 5, 2013 3:57:52 PM IST | Reply
Not at all satisfied with service, even after paying high brokerage.
Brokerage - Very Poor Account Maintenance Fees - Below Average Website Usability - Above Average Customer Service - Very Poor Overall Experience - Average
Brokerage what you see in the list here may not be the same. It''s 0.55% only for trades more than some 6.5k else its 2.5% + other charges which comes up to 3%. It''s not a good option for small time buyers.
Brokerage - Very Poor Account Maintenance Fees - Below Average Website Usability - Excellent Customer Service - Average Overall Experience - Below Average
313. Asha Devija Feb 18, 2013 12:14:23 PM IST | Reply
I (Asha Devija W/o Ramesh Devija) had opened one 3 in 1 account at ICICI Bank, Madhuvan, Udaipur. I am holding 20000 shares of UNNO Industries Ltd., in physical form, Bank has refused to D-Mat these shares becain their system, company''s name was not mentioned, where as on daily basis, trading of these shares are done,
Straight away,the client of icici direct are the losers and the other brokers clients are the winners.
Simple sentence of all about this broker - 'Want to wiped out all of your bank balance in no time'.
If even a single trader is making a profit with this broker, then i will say he is the luckiest man in the world (note that I am not talking about investors. I am talking about traders).
311. Saibal Das Feb 14, 2013 9:49:45 AM IST | Reply
1.Brokerage fees could be lowered a bit. 2.Company F.D. done throught ICICI Direct website should have the provision of crediting back to the scource account on maturity / redemption.
Brokerage - Average Account Maintenance Fees - Average Website Usability - Excellent Customer Service - Above Average Overall Experience - Above Average
310. Rahul Krishna Agarwal Feb 8, 2013 10:21:59 AM IST | Reply
It has very good Website with technical superiority. Lot of data and research capability. However, brokerage is highest amongst all the Brokerages. It is Highly reliable. Customer service in general is OK.
Brokerage - Very Poor Account Maintenance Fees - Average Website Usability - Excellent Customer Service - Average Overall Experience - Average