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, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com).
ICICI Securities (I-Sec) is the top equity house (Full-service broker) in India with over 20 lakh customers. ICICIDirect.com is the flagship website of I-Sec. This website is among the first online trading platform lunched in India to provide online equity, commodity and currency trading; all under one login.
ICICIdirect.com is the most visited investment portal in India and by NRI's living across countries. It is one website which provides options to invest in over 20 financial products including Equity, Derivatives, Currency Futures, IPO, Mutual Funds, ETF, Fixed Deposits, Loans, Tax Services, New Pension Systems and Insurance.
ICICI direct website also provide current stock market information which includes stock prices, news, market research reports, stocks tips, events, IPO News and company results. Its 'Centre for Financial Learning' initiative offers number of online and classroom programs for retail investors.
The 3-in-1 account, which includes ICICI Bank Account, ICICI Direct Trading Account and ICICI Demat Account, is the key offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments. The customers can also visit any of the over 1500 ICICI Bank branches or ICICIDirect offices to get in-person help on financial products which are sold through ICICI direct.
ICICIDirect Trades In: BSE and NSE
Do you trade with ICICIDirect? Rate ICICIDirect
ICICIDirect offers 2 trading platforms to its customers:
Website based online Share Trading Account by ICICIDirect is primarily for buying and selling of stocks at BSE and NSE.
The ICICIDirect website allows Cash Trading, Margin Trading, MarginPLUS Trading, Spot Trading, Buy Today Sell Tomorrow, IPO Investment, Mutual Fund Investment etc.
ICICIDirect.com website is the primary Investment vehicle of ICICI Limited.
Trade Racer is a power packed Trading platform which provides an investor with Live streaming quotes & Research Calls, integrated fund transfer system along with multiple watch list facility. Investor can also do technical analysis with the help advance charting tools. Single Order entry page for Equities and Derivatives, Technical Analysis, Integrated Fund Transfer System, Customized Interface, Intra-day and EOD Charts and Shortcut keys for faster access to markets are some of the key features of Trade Racer Terminal.
Trade Racer Subscription Fee (Cost of using ICICI Trading Terminal)
Trade Racer, the installable trading terminal from ICICI Direct is free for customers who give a brokerage of more than Rs 750 in a month. For others (if the Trade Racer facility is activated by the customer); ICICI charges Rs 75 per month towards subscription for Trade Racer.
Sorry no special offers available by ICICIDirect at this time.
Visit Exclusive Promotions / Offers from Stock Brokers in India webpage for more offers.
ICICI offers 2 types of brokerage plans to its customer:
This plan offers Flat Brokerage (in %) irrespective of turnover value. This plan is suitable for traders / investors looking at secured and fixed brokerage.
This plan offers brokerage based on the trading volume i.e. high brokerage for low volume and low brokerage for high volume trades. This plan suitable for traders / investors who trade in high volumes and can benefit from low brokerage.
|Total Eligible Turnover (Per calendar Quarter)||Brokerage (%)||Effective Brokerage on Intraday Squareoff|
|Above Rs 5 Crores||0.25||0.125%|
|Rs 2 Crores to 5 Crores||0.30||0.150%|
|Rs 1 Crores to 2 Crores||0.35||0.175%|
|Rs 50 Lakhs to 1 Crores||0.45||0.225%|
|Rs 25 Lakhs to 50 Lakhs||0.55||0.275%|
|Rs 10 Lakhs to 25 Lakhs||0.70||0.350%|
|Less than Rs 10 Lakhs||0.75||0.375%|
|Total Eligible Turnover (Per calendar Quarter)||Brokerage (Equity Delivery %)||Effective Brokerage on Intraday Squareoff|
|Irrespective of turnover||0.55%||0.275%|
|I - Saver Plan / I - Secure Plan|
|For Equity/Currency Futures||Equity Future and Future Plus||Currency Futures|
|Total Eligible Turnover per month||Brokerage (%)||Brokerage on Second leg of Intraday square off (per lot)||Brokerage on Second leg of Intraday square off (per lot)|
|Above Rs 20 Crores||0.030||Rs 15||Rs 10|
|Rs 10 Crores to 20 Crores||0.035||Rs 15||Rs 10|
|Rs 5 Crores to 10 Crores||0.040||Rs 15||Rs 10|
|Less than Rs 5 Crores||0.050||Rs 15||Rs 10|
|I - Saver Plan / I - Secure Plan|
|Total Eligible Turnover per month||Brokerage (%)|
|Above Rs 20 Crores||0.030|
|Rs 10 Crores to 20 Crores||0.035|
|Rs 5 Crores to 10 Crores||0.040|
|Less than Rs 5 Crores||0.050|
|I - Saver Plan / I - Secure Plan|
|Brokerage in Options Total Eligible Lots per month||Flat brokerage per contract lot (Rs)||Brokerage on Second leg of Intraday square off (per lot)|
|Above 600||65||Rs 15|
|For Resident Retail Customers and Corporates|
|First Year AMC||Nil|
|Annual Maintenance Charges||Rs 600 (Rs 500 for customers receiving e-mail statements)|
|Buy - Market and Off-Market||Nil|
|Sell - Market and Off-Market and Redemption of MF units (% of transaction value of each ISIN)||Max. Rs 500 for debt instruments
Nil for Trades done on www.icicidirect.com
|Instruction submitted through Internet (E-inst / IVR)||0.04% (Min. Rs 25 and Max. Rs 25,000)|
|Instruction submitted through Call Centre||0.04% (Min. Rs 30 and Max. Rs 25,000)|
|Instruction submitted at Branches||0.04% (Min. Rs 35 and Max. Rs 25,000)|
|Rejection / fails||Rs 30|
|Extra charges for processing of TIFDs submitted late
(% of transaction value)
Instruction submitted through Internet (E-inst / IVR)
|Instruction submitted through Call Centre||Nil|
|Instruction submitted at Branches (accepted at Client's risk)||Rs 10 per ISIN|
|Dematerialisation for each request form||Rs 50|
|Dematerialisation for each extra certificate||Rs 3|
|Rematerialisation||Rs 25 for every hundred securities or part
thereof, subject to maximum fee of Rs 3,00,000 or
a flat fee of Rs 25 per certificate, whichever is higher.
|Reconversion of MF units||Rs 25 per instruction|
|Closure of Account||Nil|
|Pledge Creation/Closure/Confirmation/ Invocation
(% of value for each ISIN in each request)
If, ICICI Bank is counter party
|0.02% (Min. Rs 25 and Max. Rs 25,000)|
|If, ICICI Bank is not counter party||0.04% (Min. Rs 35 and Max. Rs 25,000)|
|Additional Account Statements||Rs 20|
|Annual Maintenance Fee for Corporate Account||Rs 500 p.a. (w.e.f October 1, 2013)|
|Sell - Market and Off-Market||Rs 4.50 per debit instruction (Nil for commercial paper and short-term debt instruments)|
|Reconversion of MF units into SoA||Rs 10 per instruction (w.e.f April 1, 2014)|
|Redemption of MF units through Participants||Rs 4.50 per instruction (w.e.f April 1, 2014)|
|Remat||A fee of Rs 10 for every hundred securities or part thereof, subject to maximum fee of Rs 5,00,000 or a flat
fee of Rs 10 per certificate, whichever is higher.
|Pledge Creation||Rs 25 per instruction|
For Online Stock Trading with ICICI, investor needs to open 3 accounts: ICICI Bank Account, ICICI Direct Trading Account and ICICI Demat Account (DP Account).
Note: If you already have a bank account or demat account with ICICI, you could link it with new ICICIDirect trading account.
Opening trading account with ICICI is easy. You could use one of the following options to open account with ICICIDirect.
In both the cases ICICI representative contact you in a day or two and tell you about the procedure to open the account. They usually send somebody to your home to collect documents, signature and for demo if required.
Number of customer complained against ICICI Securities Pvt Ltd. share broker. The ICICI Securities Pvt Ltd. consumer complaints provide the summary of grievance which went to exchange for resolution.
|Exchange||Financial Year||Number of Clients *||Total Complaints **|
* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.
** The total number of complaint received against the broker at the given exchange.
|ICICIDirect Vs Sharekhan||ICICIDirect Vs Indiabulls||ICICIDirect Vs India Infoline (IIFL)|
|ICICIDirect Vs Motilal Oswal||ICICIDirect Vs HDFC Securities||ICICIDirect Vs Reliance Securities|
|ICICIDirect Vs IDBI Paisabuilder||ICICIDirect Vs Religare||ICICIDirect Vs Geojit|
|ICICIDirect Vs Networth Direct||ICICIDirect Vs Kotak Securities||ICICIDirect Vs Standard Chartered|
|ICICIDirect Vs Angel Broking||ICICIDirect Vs HSBC Invest Direct||ICICIDirect Vs Comfort Securities|
|ICICIDirect Vs Just Trade||ICICIDirect Vs Zerodha||ICICIDirect Vs SBI Securities|
|ICICIDirect Vs Ventura||ICICIDirect Vs RK Global||ICICIDirect Vs Compositedge|
|ICICIDirect Vs RKSV||ICICIDirect Vs Trade Smart Online||ICICIDirect Vs SAS Online|
|ICICIDirect Vs MyValueTrade||ICICIDirect Vs SMC Global||ICICIDirect Vs Tradejini|
|ICICIDirect Vs Wisdom Capital||ICICIDirect Vs Achiievers Equities||ICICIDirect Vs Anand Rathi|
|ICICIDirect Vs Procon Capital||ICICIDirect Vs Upstox||ICICIDirect Vs Edelweiss|
|ICICIDirect Vs AxisDirect||ICICIDirect Vs Karvy||ICICIDirect Vs Nirmal Bang|
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits
(* on online account opening)
Flat Rs 15 Per Trade
100% cash back on 30 days brokerage (up to Rs 1000)
Get This Exclusive Offer
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
Rs 0 account opening fee
(Rs 400 waived)