Unlimited Trading @ Rs 899 per month - Prostocks

ICICIDirect Vs Sharekhan (Compare ICICIDirect and Sharekhan)

The side-by-side comparison of ICICIDirect and Sharekhan. Compare ICICIDirect Vs Sharekhan brokerage, charges, exposure margin, demat account. Read Sharekhan and ICICIDirect review.

Find out ICICIDirect Vs Sharekhan which is better and ICICIDirect Vs Sharekhan which is best.

Our ICICI Securities Pvt Ltd. comparison with Sharekhan highlights the major differences between two brokers. Find the best between ICICIDirect and Sharekhan.


ICICIDirect Vs Sharekhan

  ICICIDirect Sharekhan
Find more info about broker
ICICI Securities Pvt Ltd. Logo Sharekhan Logo
About the Broker 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... Know more about ICICI Securities Pvt Ltd. Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type 3-in-1 Account (I-Secure Plan) Classic Account
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000 2000
Number of Branches 154 2800
Enquire ICICIDirect Enquire Sharekhan

ICICIDirect Vs Sharekhan Charges

  ICICIDirect Sharekhan
Trading Account Opening Fees ₹975 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹450 ₹400 (Free for 1st year)
Demat Account is Mandatory? No No

ICICIDirect Vs Sharekhan Brokerage

Brokerage Plan 1

  ICICIDirect Sharekhan
Account Type 3-in-1 Account (I-Secure Plan) Classic Account
Fixed Charges
Equity Delivery Brokerage 0.55% 0.50%
Equity Intraday Brokerage 0.275% 0.10%
Equity Futures Brokerage 0.05% to 0.03% 0.10%
Equity Options Brokerage ₹95 to ₹35 per lot ₹50 per lot
Currency Futures Trading Brokerage 0.050% to 0.030% 0.10%
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹30 per lot
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA 0.03%

Brokerage Plan 2

  ICICIDirect Sharekhan
Account Type I-Saver Plan Prepaid - ₹1 Lakh
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.75% to 0.25% 0.10%
Equity Intraday Brokerage 0.75% to 0.25% 0.015%
Equity Futures Brokerage 0.05% to 0.03% 0.015%
Equity Options Brokerage ₹95 to ₹65 per lot 0.05% or ₹63 per lot
Currency Futures Trading Brokerage 0.05% to 0.03%
Currency Options Trading Brokerage 0.25 to ₹65 per lot
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Brokerage Plan 3

  ICICIDirect Sharekhan
Account Type ICICIdirect Prime Plan Margin - ₹1 Lakh
Fixed Charges ₹900 ₹1,00,000 margin
Equity Delivery Brokerage 0.25% 0.25%
Equity Intraday Brokerage 0.25% 0.05%
Equity Futures Brokerage 0.025% 0.05%
Equity Options Brokerage ₹35 1% or ₹70 per lot
Currency Futures Trading Brokerage ₹0
Currency Options Trading Brokerage ₹0
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges ₹35 per trade Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month Rs 20

ICICIDirect Vs Sharekhan Taxes

  ICICIDirect Sharekhan
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.

ICICIDirect Vs Sharekhan Transaction Charges

  ICICIDirect Sharekhan
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures ₹180 per Cr (0.0018%) NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side)
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)
Currency Futures ₹120 per Cr (0.0012%) NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)
Currency Options ₹5000 per Cr (0.05%) (on premium) NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium)
Commodity NA MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)

ICICIDirect Vs Sharekhan Exposure Margin

  ICICIDirect Sharekhan
Equity Delivery 5x with Interest Upto 5x with 24% interest per year
Equity Intraday Upto 25x Upto 10x
Equity Futures 4x 2x for Intraday
Equity Options 2x for shorting Nil
Currency Futures NA Nil
Currency Options NA Nil
Commodity Futures NA Upto 2x for Intraday
Commodity Options

ICICIDirect and Sharekhan Feature Comparison

  ICICIDirect Sharekhan
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 TradeTiger, Sharekhan Mobile
Intraday Square-off Time 3:30 PM 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader Pattern finder, Class room training
Referral Program

ICICIDirect Vs Sharekhan Review

  ICICIDirect Sharekhan
  405 Customer Reviews    Rate ICICIDirect 278 Customer Reviews    Rate Sharekhan
Fees Ratings 2.3 3.1
Trading Brokerage Rating 1.7 2.9
Trading Platform Usability 3.4 3.7
Customer Service Ratings 2.8 3.4
Overall Ratings Rated 2.4 stars Rated 3.4 stars
Broker Rating ICICIDirect is Rated 2.4 / 5 based on 405 customer reviews Sharekhan is Rated 3.4 / 5 based on 278 customer reviews

Contact Broker / Request A Call Back

  ICICIDirect Enquire Sharekhan Enquire
Contact Broker

ICICIDirect Vs Sharekhan Investment Options

  ICICIDirect Sharekhan
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Loans, NRI Trading

ICICIDirect Vs Sharekhan Customer Service

  ICICIDirect Sharekhan
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes

ICICIDirect Vs Sharekhan Order Type Offered

  ICICIDirect Sharekhan
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes

ICICIDirect Vs Sharekhan Research Report

  ICICIDirect Sharekhan
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

ICICIDirect Vs Sharekhan Suitable For Investor Type

  ICICIDirect Sharekhan
Casual Investor Yes Yes
Active Investor Yes

ICICIDirect Vs Sharekhan - Advantages and Disadvantages

  ICICIDirect Sharekhan
  • 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...

  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

More Advantages...

  • 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...

  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

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.

Free Trading & Demat Account (for limited time only)

Sharekhan offersFREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Compare More Brokers
ICICIDirect Vs Zerodha
ICICIDirect Vs HDFC Securities
ICICIDirect Vs AxisDirect
ICICIDirect Vs Angel Broking
ICICIDirect Vs Kotak Securities
ICICIDirect Vs Motilal Oswal
ICICIDirect Vs Karvy
ICICIDirect Vs SBI Securities
ICICIDirect Vs Geojit
ICICIDirect Vs Religare
ICICIDirect Vs Edelweiss
ICICIDirect Vs Reliance Securities
ICICIDirect Vs SMC Global
ICICIDirect Vs Nirmal Bang
ICICIDirect Vs 5paisa
ICICIDirect Vs Ventura
ICICIDirect Vs Upstox
ICICIDirect Vs Anand Rathi
ICICIDirect Vs MyValueTrade
ICICIDirect Vs Indiabulls
ICICIDirect Vs Aditya Birla Money
ICICIDirect Vs Bonanza
ICICIDirect Vs TradingBells
ICICIDirect Vs IDBI Capital
ICICIDirect Vs TradeSmart
ICICIDirect Vs SAS Online
ICICIDirect Vs iTradeOnline
ICICIDirect Vs RK Global
ICICIDirect Vs Tradeplus
ICICIDirect Vs Tradejini
ICICIDirect Vs Alice Blue
ICICIDirect Vs Wisdom Capital
ICICIDirect Vs Fyers
ICICIDirect Vs Finvasia
ICICIDirect Vs ProStocks
ICICIDirect Vs RMoney
ICICIDirect Vs Beeline
ICICIDirect Vs Just Trade
ICICIDirect Vs Achiievers
ICICIDirect Vs Trustline
ICICIDirect Vs Yes Securities
Sharekhan Vs Zerodha
Sharekhan Vs HDFC Securities
Sharekhan Vs AxisDirect
Sharekhan Vs Angel Broking
Sharekhan Vs Kotak Securities
Sharekhan Vs Motilal Oswal
Sharekhan Vs Karvy
Sharekhan Vs IIFL
Sharekhan Vs SBI Securities
Sharekhan Vs Geojit
Sharekhan Vs Religare
Sharekhan Vs Edelweiss
Sharekhan Vs Reliance Securities
Sharekhan Vs SMC Global
Sharekhan Vs Nirmal Bang
Sharekhan Vs 5paisa
Sharekhan Vs Ventura
Sharekhan Vs Upstox
Sharekhan Vs Anand Rathi
Sharekhan Vs MyValueTrade
Sharekhan Vs Indiabulls
Sharekhan Vs Aditya Birla Money
Sharekhan Vs Bonanza
Sharekhan Vs SAMCO
Sharekhan Vs TradingBells
Sharekhan Vs IDBI Capital
Sharekhan Vs TradeSmart
Sharekhan Vs SAS Online
Sharekhan Vs iTradeOnline
Sharekhan Vs RK Global
Sharekhan Vs Tradeplus
Sharekhan Vs Tradejini
Sharekhan Vs Alice Blue
Sharekhan Vs Wisdom Capital
Sharekhan Vs Fyers
Sharekhan Vs Finvasia
Sharekhan Vs ProStocks
Sharekhan Vs RMoney
Sharekhan Vs Beeline
Sharekhan Vs Just Trade
Sharekhan Vs Achiievers
Sharekhan Vs Trustline
Sharekhan Vs Yes Securities
Sharekhan Vs RKSV

Message Board

Stock Message Board

Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App