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ICICI Direct Vs Indiabulls (Compare ICICI Direct and Indiabulls)

The side-by-side comparison of ICICI Direct and Indiabulls. Compare ICICI Direct Vs Indiabulls brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Indiabulls?


ICICI Direct
ICICI Direct 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). ICICIDirect.com is the flags... Know more about ICICI Securities Pvt Ltd.


Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding. Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more... Know more about Indiabulls Ventures Limited

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ICICI Direct Vs Indiabulls

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India.

  ICICI Direct Indiabulls
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE and MCX
Account Type 3-in-1 Account (I-Secure Plan) Equity Unlimited Trade
Year of Incorporation 2000 2000
Number of Branches 154 18
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Indiabulls. Leave your contact info and we will get in touch with you.
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ICICI Direct Vs Indiabulls Charges & AMC

ICICI Direct trading account opening charges is ₹975 while Indiabulls account opening changes is ₹500. ICICI Direct Demat Account AMC Charges is ₹700 and Indiabulls Demat Account AMC Charges is ₹450.

  ICICI Direct Indiabulls
Trading Account Opening Charges ₹975 ₹500
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹700 ₹450
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ICICI Direct Vs Indiabulls Brokerage Charges & Plans

ICICI Direct Vs Indiabulls Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Indiabulls brokerage charges for equity is ₹0 (Free) and intraday is ₹0 (Free).

  ICICI Direct Indiabulls
Account Type 3-in-1 Account (I-Secure Plan) Equity Unlimited Trade
Fixed Charges
Equity Delivery Brokerage 0.55% ₹0 (Free)
Equity Intraday Brokerage 0.275% ₹0 (Free)
Equity Futures Brokerage 0.05% to 0.03% ₹15 per trade
Equity Options Brokerage ₹95 to ₹35 per lot ₹15 per trade
Currency Futures Trading Brokerage 0.050% to 0.030% ₹15 per trade
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹15 per trade
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA 0.03%
Special Offer
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.
Special Offer: FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

ICICI Direct Vs Indiabulls Brokerage Plan 2

  ICICI Direct Indiabulls
Account Type I-Saver Plan F&O Unlimited Trade
Fixed Charges ₹1000
Equity Delivery Brokerage 0.75% to 0.25% ₹15 per trade
Equity Intraday Brokerage 0.75% to 0.25% ₹15 per trade
Equity Futures Brokerage 0.05% to 0.03% ₹0 (Free)
Equity Options Brokerage ₹95 to ₹65 per lot ₹0 (Free)
Currency Futures Trading Brokerage 0.05% to 0.03% ₹0 (Free)
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹0 (Free)
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA 0.03%
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ICICI Direct Vs Indiabulls Brokerage Plan 3

  ICICI Direct Indiabulls
Account Type ICICIdirect Prime Plan Base Plan
Fixed Charges ₹900 NA
Equity Delivery Brokerage 0.25% ₹0 (Free)
Equity Intraday Brokerage 0.25% ₹15 per executed order
Equity Futures Brokerage 0.025% ₹15 per executed order
Equity Options Brokerage ₹35 ₹15 per executed order
Currency Futures Trading Brokerage ₹0 ₹15 per executed order
Currency Options Trading Brokerage ₹0 ₹15 per executed order
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA 0.03%
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ICICI Direct Charges Vs Indiabulls

Minimum Brokerage Charges ₹35 per trade ₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹0 (Free)
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ICICI Direct Vs Indiabulls Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Indiabulls exchange transaction charges for options is ₹5500 per crore (on premium) (0.055%).

  ICICI Direct Indiabulls
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) ₹325 per crore (0.00325%)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) ₹325 per crore (0.00325%)
Equity Futures ₹180 per Cr (0.0018%) ₹250 per crore (0.0025%)
Equity Options ₹5000 per Cr (0.05%) (on premium) ₹5500 per crore (on premium) (0.055%)
Currency Futures ₹120 per Cr (0.0012%) ₹250 per crore (0.0025%)
Currency Options ₹5000 per Cr (0.05%) (on premium) ₹5500 per crore (on premium) (0.055%)
Commodity NA
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ICICI Direct Vs Indiabulls Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Indiabulls margin for intraday cash is Up to 5x (based on the stock).

  ICICI Direct Indiabulls
Equity Delivery 5x with Interest 1x (no margin)
Equity Intraday Upto 25x Up to 5x (based on the stock)
Equity Futures 4x Intra-day: 4x | Carry forward: 1x (no margin)
Equity Options 2x for shorting Intra-day: 4x | Carry forward: 1x
Currency Futures NA Intra-day: 2x | Carry forward: 1x
Currency Options NA Intra-day: 2x | Carry forward: 1x
Commodity Futures NA NA
Commodity Options NA
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Compare ICICI Direct and Indiabulls Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Indiabulls offers SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) trading software.

  ICICI Direct Indiabulls
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
Intraday Square-off Time 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader Live News, World market summary
Referral Program
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ICICI Direct Vs Indiabulls Review

ICICI Direct is rated 2.4 of 5 based on 422 customer reviews whereas Indiabulls is rated 3.2 of 5 based on 47 customer reviews.

  ICICI Direct Indiabulls
  422 Customer Reviews    Rate ICICI Direct 47 Customer Reviews    Rate Indiabulls
Fees 2.3 3.5
Trading Brokerage 1.7 3.1
Trading Platform Usability 3.4 3.7
Customer Service 2.7 3.1
Research Capabilities 3.0 3.5
Overall Ratings Rated 2.4 stars Rated 3.2 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 422 customer reviews Indiabulls is rated 3.2 of 5 based on 47 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire Indiabulls Enquire
Contact Broker

Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

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ICICI Direct Vs Indiabulls Investment Options

  ICICI Direct Indiabulls
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes No
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
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ICICI Direct Vs Indiabulls Order Type Offered

  ICICI Direct Indiabulls
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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ICICI Direct Vs Indiabulls Research Report

  ICICI Direct Indiabulls
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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ICICI Direct Vs Indiabulls Suitable For Investor Type

  ICICI Direct Indiabulls
Casual Investor Yes
Active Investor Yes
Trader Yes
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ICICI Direct Vs Indiabulls - Advantages and Disadvantages

  ICICI Direct Indiabulls
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  • Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
  • Interest-free Margin Funding in Unlimited Trading plan.
  • Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
  • Free trading software.
  • Free research reports and trading tips to all the customers.
  • Years of experience, trust and good track record in stock broker business.

More Advantages...

Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.

More Disadvantages...

  • Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
  • Local branch support is not available to online customers.
  • Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
  • Margin against share is not available in Unlimited Trading Plans.

More Disadvantages...

Reviews
Promo / Offers

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.

Get this limited time offer
Enquire ICICI DirectEnquire Indiabulls

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