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...
EXTREMELY HIGH BROKERAGE INTRADAY AS WELL AS DELIVERY EG DELIVERY BROKERAGE COMES TO .75% OR MORE ONCE TAXES AND DUTIES ARE ADDED NIFTY FUTURES BROKERAGE ....INTRADAY IT COMES TO 250-260 PER LOT anyone who trades intraday knows many trades are scrached...or cut near cost 1 2 points above/below COST
so SUCH HIGH BROKERAGE MEANS UR LOSSES WILL EXCEED YOUR PROFIT ALWAYS...
WEBSITE HANGS NO DOUBT ABOUT IT
FOR SOME UNKNOWN REASON THEY PROVIDE 4-5 DIFFRENT INTERFACE A WEBSITE FOR TRADING,THAN THERE IS TRADE RACER WEBSITE ,THAN TRADE RACER APPLICATION... ALL THREE ARE EQUALLY CONFUSING FOR A NEW TRADER.... FOR PROFESSIONALS MIGHT BE USEFUL MOBILE WEBSITE IS WORSE...ALSO A MOBILE APPLICATION
THE LAYOUT OF ALL THREE IS SO DIFFERENT AND CONFUSING....
NO INTRADAY STREAMING CHARTS TO REGULAR CUSTOMERS ...HOW IS ONE SUPPOSED TO TRADE INTRADAY WITHOUT THESE
ONE ADVANTAGE FOR THOSE WISHING TO PLAY BIG IS IT OFFERS VERY HIGH LEVERAGE MEANS U CAN TRADE VERY BIG USING LESS MARGIN
AND OF COURSE SEE YOUR MONEY EVAPORATE
NO SINGLE WAY TO MONITOR ALL YOUR OPEN POSITIONS
CHARTING TOOLS FOR REGULAR CUSTOMERS ARE VERY BAD AND NOT USER FRIENDLY AT ALL THIS IS SOLELY DESIGNED FOR HIGH NET WORTH INDIVIDUALS.... MEANS THOSE TRADING HEAVILY DAILY SAY FEW LAKHS CRORES DAILY THEY ARE RIDING ON SUCESS OF ICICIBANK AS OPENING OF LINKED ACCOUNT AND TRANFERRING MONEY IS EZEE ... ALSO PEOPLE TRUST THE ICICI NAME AND ARE HESITANT TO TRY SMALL ,LESSER KNOWN BROKERS TRADERS WHO R THINKING OF STARTING TRADING ....NEW TO MARKET TRADE ONLY SMALL QUANTITIES INTRADAY...OR INVESTORS WHO WISH TO INVEST IN MARKET NO TRADING ...ALL SHOULD NOT EVEN LOOK IN DIRECTION OF ICICIDIRECT...
Brokerage - Very Poor Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Very Poor
346. Ashish Bhat Jan 27, 2014 1:56:28 PM IST | Reply
ICICI sec website is very cluttred. Not easy to do simple actions! Very poorly designed. Customer service is next to non-existent.
Brokerage - Below Average Account Maintenance Fees - Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Below Average
i have opened with icici direct before 2 year. i have opened offline account. now i want to convert this account in online. i am taking follow up since 1.5 year. its to long time to taking follow up. but i didnt got any response. i am paying high brokrage chareges for only service. but service is very poor
344. vyesodhara Jan 12, 2014 8:20:50 PM IST | Reply
In my experience it is the worst - my experience with angel, HDFC, Geojit and religare are superb by comparison ( I am struggling even to close the account at ICICI and get the last of my securities traded ). I strongly advise any wannabe investor to keep away from ICICI as their charges are high and their service in my experience is the worst of the lot.
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Average Customer Service - Very Poor Overall Experience - Very Poor
344.1. rajesh Jan 20, 2014 1:16:32 PM IST |
dear sir: plz tell me which is better to start. plz give me your contact no.
344.2. prasad Oct 30, 2014 12:49:27 AM IST |
I want to open demat account which is best for brokerage and service, please tell me.......
We cannot make any profit with ICICI. They will make you loss maker by their big leviable brokerages. It is suitable only for higher amount investors. If you are starter in stock market, it is not a wise decision to open an account with ICICI. You will loose your money inevitably.
highest brokerages.....not suitable for trading in derivatives for beginners...only good for big traders website going slow whenever big moves come is real problem...
no solution to this....so you pay high and yet get very poor service
the charting tools are useless...for intraday ... no candlestick charts...intraday very poor interface ...somehow their symbols are different from nse...i know brokerages their own symbols but icicidirect are weird the website interface is too poor u cant view your existing position in 1 click go to the segment...equity..f&o etc...select open positions...select...product click view ... the watchlist in normal website opens in separate wibdow for equities...which makes it difficult to keep track of prices and open positions there is another feature trade racer web....which is a strain on eyes due to poor interface ...small fonts...if u increase fontsize it goes out of window
once website is down you are left wondering what to do
mobile website is too difficult to ...and u can learn algebra better than trying to trade on it
it is advised that if for some reason u have to mobile site..it only to squareoff positions...dont try intraday trading(fresh positions)with mobile site ...u will regret it
for new traders with few lakhs a strict no ...coz u wont even recover brokerages with intraday or positional derivatives too
might be good for high net worth traders...who trade heavily and can take advantage of reduced brokerages
Brokerage - Very Poor Account Maintenance Fees - Below Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Very Poor
Hello, I am novice in this field. Will anyone of u plz guide me. I want to open demat and trading account with lowest account opening charges almost NIL and lowest AMC almost NIL. Which depository is best suited for me as I want to start with stability and small transactions.
330. ASHOK KUMAR M.K Aug 11, 2013 9:39:22 AM IST | Reply
Has been using this platform for the last few years, being a small scale investor, brokerage is too high to earn some money, technical support very poor, as problems remains unresolved after repeated complaints
Brokerage - Very Poor Account Maintenance Fees - Below Average Website Usability - Average Customer Service - Below Average Overall Experience - Very Poor
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