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...
Stock Broker Review Ratings
221. Mr. Gupta Feb 10, 2010 11:40:52 AM IST | Reply
The reason for coming up with new Brokerage plan is due to stiff competion amoung brokerage houses and ICICI securities loosing its market share due to high brokerage. If one looks at flat brokerage rate offered by other brokerage houses even 0.55% flat brokerage offered by ICICI direct is still on the higher side. Well on tiered rate plan ...I-Saver (Slabwise brokerage based on transaction volume/Turnover) one needs to clearly understand the underlying facts very clearly which are overlooked by most of the people. In this plan ICICI direct has smartly created a slab wise brokerage plan which depends on your turnover of the transaction volument within one quarter. But on the transaction which are being done in that quarter it always charges you brokerage as per highest brokerage slab(0.75%) even for a single day transactions even if it fits in the lower brokerage slab(say 0.55%). By doing this ICICI direct is not only enjoying on the excess brokerage that they are charging their customer(for no reason) but also not paying any interest on the excess amount charged for the said period. Well, therefore be careful in case you are dealing with ICICI direct as they are still charging you higher brokerage upfront in I-Saver Brokerage plan.
220. Vaibhav Pathrikar Feb 9, 2010 7:02:39 PM IST | Reply
You have pay heavy brokerage if you open your demat account with ICICIdirect. but good thing is that, you can place order when market is closed and they get executed when market is opened.
219. satpal rawat Jan 30, 2010 4:25:21 PM IST | Reply
I want to know about share market like trading of share, what is the benefit of icicidirect please advice.
How can I see the dates on which I got my physical shares dematerialized. I want to sell my shares but I want to make sure I have held them for more than 1 year. How can I see the dates of dematerialization on ICICI direct online.
216. KISHOR GANESHRAO WAKHARE Jan 28, 2010 10:57:50 AM IST | Reply
I want to know about the demat a/c. How change the address on demat a/c? How to oprate it & how do the trading online?
recently i came to know icicidirect is providing trading terminal "Trade Racer" but not to existing subscribers it is only for new customers opening trading account with icicidirect. ICICIDIRECT urned brokerage more than 10 crore ruppes from current subscribers so why they do not want to provide new trading terminal "Trade Racer" to existing subscribers?
214. adikesavan ellappan Jan 11, 2010 8:29:09 PM IST | Reply
Hi, I have got Trade racer facility but I donot know how to operte. please send one person to generate above said Trade Racer faility in my computer. I am residing near to under control of Anna Nagar Centre(Chennai)
213. MOHIT AHLAWAT Dec 22, 2009 10:09:56 AM IST | Reply
i want to know about daytradding for eqities in easy way & also tell me about T&C thats are important
Dear r/s, i am syan living in abroad and want to open an share trading account. i want to buy & sell share but i dont have any market experince. please tell me in which organisation will be much better to open an trading account except to icici direct and hdfc Sec. if i open an account in angel or share khan,or motilal so did these are beleiveble i can trust. please guide me if possible so reply i will very thankful to you. thanks
211. AMAR .S. VYAS Dec 5, 2009 11:34:49 PM IST | Reply
Respected Sir, I need a perfect guidence and perfect broker,where i can get perfect service.Before this i had oppened my a/c at 2places,but i m not satisfied. PLEASE DO A NEEDFUL REGARDS AMAR S VYAS
210. RIDDHISIDDHITIPS Nov 28, 2009 11:22:26 AM IST | Reply
Open your account with icici direct If you are a medium or long term investor, if you want to do intraday trading then search some other in your local city.
209. Nitesh Desai Nov 25, 2009 5:31:00 PM IST | Reply
I have experienced that the brokerage is too high in icicidirect. The site gets very slow between 3.00 and 3.30 pm.
208. Partha Das Nov 22, 2009 9:09:43 AM IST | Reply
Never open an account with those brokers who are not giving application based sofware platform to its retail clients. Because browser based trading platforms are usually with full of bugs. It never suitable for a trader kind of people who trades quite frequently. Always choose an applicatin based trading platform. Don't look at brokerage structures. Higher the brokerage greater the service. This is my experience of 8 years. Choose among INDIABULLS, SHAREKHAN, MOTILAL OSWAL, INDIA INFOLINE, KOTAK SECURITIES, ANGEL BROKING, IL & FS INVESTMART, RELIGARE, ANAND RATHI, MANSUKH, MANGAL KESHAV, EMKAY SHARE etc.
207. Partha Das Nov 18, 2009 9:53:29 PM IST | Reply
Always opt for an online brokerage house that provides application based software to their retail clients. Because software is very convinient for fund transfer, fast for trade executation.
206. Meena Subash Nov 14, 2009 10:31:24 AM IST | Reply
I closed my D-mat account by giving instructions and payingall the dues as the brokerage was too high. I even closed my ICICI Bank account after completing all the formalities. ICICI Direct wants annual manitenance charges from me. I have sent many mail messages as well as written to them to stop sending their bill or any communicatio on ICICI Direct's activities on an account which is non-existent. However, they keep sending me bills. Will they stop their practice of extracting money on non-existent accounts and issuing very disturbing e-mails?
muy complaint regarding icicidiret securities .6 nov 2009 i got sms from icicidirect "now trade in margin till 3:30pm and take delivery by brining funds " so and same thing refleted in icicidirect site and i made many marign order and i asume trading time is 3:30 but they square off 3:15 pm . ragarding this issue i call to icicidirect custmore care no but they are not respone properly even then had not take my complaint and made excuse our system is not working . for this whole process lost large amount of money .
so i want to know what i can do? can i complaint in any gov oraganization ragarding icicdirct fraud please sugest me