ICICI Direct Vs Alice Blue Demat Account Comparison

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

Alice Blue is a Bangalore based discount stock broker. AliceBlue offers to trade at BSE, NSE, and MCX. Alice Blue also offers depository services (demat account). They are depository participant with CDSL. Alice Blue offer Lifetime free AMC demat account for all the customers. They don't charge any extra deposit or one time fees for this Zero AMC Demat Account.

Alice Blue is famous for its F20 trading plan, a flat rate brokerage fee plan. Equity delivery trading is absolutely free of brokerage charges in this plan. The brokerage for all other segments is flat Rs 20 per executed or 0.01% whichever is less.

ANT (Analysis and Trade) is the flagship trading platform offered by Alice Blue. ANT Platform offers free trading software to all its customers. The software includes install-able trading terminal, web-browser based trading website and mobile trading app. This trading platform uses the latest internet technology. It offers the best trading experience among the top share brokers in India.

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

No. 153/2, 3rd Floor,
M.R.B.Arcade, Bagalur Main Road,
Dwaraka Nagar, Yelahanka,
Bangalore - 560063

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

• Online Trading
  • Equity Trading at BSE, NSE
  • Commodities Trading at MCX and NCDEX
  • Currency Trading at BSE
• Depository Services (Demat Account)

Stamp Duty at actuals

₹0

For Individual account: Rs 500 p.a.

For Corporate account: Rs 1500 p.a.

₹0 (Free)

Rs 0 for ICICI Bank customers.

Rs 7500 for Non ICICI BANK customers.

₹0

Rs 50 Per Demat Request Form and Rs 10 For Each Certificates

₹10 per certificate + ₹50 per request

Rs 30 + CDSL charges at actual

₹30 per request + CDSL Fee + ₹10 per 100 securities

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30 & maximum Rs 500 )

0.04% of the value of the transaction (minimum ₹20)

0.03% or minimum of Rs 50

0.04% of the value of the transaction (minimum ₹40)

0.03% or minimum of Rs 50

₹0

0.03% or minimum of Rs 50

0.04% of the value of the transaction (minimum ₹40)

Rs 30

1. Mailing charges for non periodic statements and other communication, Rs 50 for inland and Rs 500.0 for foreign address.

2. Rs 200 for restoring services if account is suspended for non payment of charges.

• Power of Attorney (PoA): ₹150
• Courier Charges: ₹100 per request
• Additional DIS Booklet: ₹100 per booklet