Unlimited Trading @ Rs 899 per month - Prostocks

ICICI Direct Vs iTradeOnline (Compare ICICI Direct and iTradeOnline)

The side-by-side comparison of ICICI Direct and iTradeOnline. Compare ICICI Direct Vs iTradeOnline brokerage, charges, exposure margin, demat account. Read iTradeOnline and ICICI Direct review.

Find out ICICI Direct Vs iTradeOnline which is better and ICICI Direct Vs iTradeOnline which is best.

Our ICICI Securities Pvt Ltd. comparison with iTradeOnline by Trustline highlights the major differences between two brokers. Find the best between ICICI Direct and iTradeOnline.

Expand

ICICI Direct Vs iTradeOnline

  ICICI Direct iTradeOnline
Find more info about broker
ICICI Securities Pvt Ltd. Logo iTradeOnline by Trustline Logo
About the Broker 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 Grou... Know more about ICICI Securities Pvt Ltd. iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo... Know more about iTradeOnline by Trustline
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type 3-in-1 Account (I-Secure Plan) Pay Per Trade
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 iTradeOnline. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000
Number of Branches 154
Enquire ICICI Direct Enquire iTradeOnline
Expand

ICICI Direct Vs iTradeOnline Charges

  ICICI Direct iTradeOnline
Trading Account Opening Fees ₹975 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC ₹700 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory? No No
Expand

ICICI Direct Vs iTradeOnline Brokerage

Brokerage Plan 1

  ICICI Direct iTradeOnline
Account Type 3-in-1 Account (I-Secure Plan) Pay Per Trade
Fixed Charges
Equity Delivery Brokerage 0.55% ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage 0.275% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.05% to 0.03% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹95 to ₹35 per lot ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.050% to 0.030% ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA
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: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Brokerage Plan 2

  ICICI Direct iTradeOnline
Account Type I-Saver Plan Pay Per Trade
Fixed Charges ₹0
Equity Delivery Brokerage 0.75% to 0.25% ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage 0.75% to 0.25% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.05% to 0.03% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹95 to ₹65 per lot ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.05% to 0.03% ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA

Brokerage Plan 3

  ICICI Direct iTradeOnline
Account Type ICICIdirect Prime Plan Pay Per Trade
Fixed Charges ₹900 ₹0
Equity Delivery Brokerage 0.25% ₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage 0.25% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.025% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹35 ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹0 ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage NA ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges ₹35 per trade ₹0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: ₹20
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹0 (Free)
Expand

ICICI Direct Vs iTradeOnline Taxes

  ICICI Direct iTradeOnline
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
Expand

ICICI Direct Vs iTradeOnline Transaction Charges

  ICICI Direct iTradeOnline
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures ₹180 per Cr (0.0018%) NSE ₹190 per crore (0.0019%)
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per crore (0.05%)
Currency Futures ₹120 per Cr (0.0012%) NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options ₹5000 per Cr (0.05%) (on premium) NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity NA MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Expand

ICICI Direct Vs iTradeOnline Exposure Margin

  ICICI Direct iTradeOnline
Equity Delivery 5x with Interest Upto 5x (based on the stock)
Equity Intraday Upto 25x Upto 20x (based on the stock)
Equity Futures 4x Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options 2x for shorting Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures NA Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options NA Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures NA Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Expand

ICICI Direct and iTradeOnline Feature Comparison

  ICICI Direct iTradeOnline
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
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time 3:30 PM Equity: 3:15 PM, Commodity: 11:15 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
Expand

ICICI Direct Vs iTradeOnline Review

  ICICI Direct iTradeOnline
  411 Customer Reviews    Rate ICICI Direct 7 Customer Reviews    Rate iTradeOnline
Fees 2.3 3.9
Trading Brokerage 1.7 4.1
Trading Platform Usability 3.4 3.9
Customer Service 2.8 3.7
Research Capabilities 4.3 1.0
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating ICICI Direct is Rated 2.4 / 5 based on 411 customer reviews iTradeOnline is Rated 4.0 / 5 based on 7 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Direct Enquire iTradeOnline 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.

Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Expand

ICICI Direct Vs iTradeOnline Investment Options

  ICICI Direct iTradeOnline
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Insurance, Wealth Management
Expand

ICICI Direct Vs iTradeOnline Customer Service

  ICICI Direct iTradeOnline
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
Expand

ICICI Direct Vs iTradeOnline Order Type Offered

  ICICI Direct iTradeOnline
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
Expand

ICICI Direct Vs iTradeOnline Research Report

  ICICI Direct iTradeOnline
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

ICICI Direct Vs iTradeOnline Suitable For Investor Type

  ICICI Direct iTradeOnline
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

ICICI Direct Vs iTradeOnline - Advantages and Disadvantages

  ICICI Direct iTradeOnline
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...

  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.

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...

  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.

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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

Compare More Brokers:



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App