FREE Account Opening + No Clearing Fees
Loading...

ICICIdirect Vs 5paisa (Compare ICICIdirect and 5paisa)

ICICI Securities Pvt Ltd. Logo

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin... Know more about ICICI Securities Pvt Ltd.

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

Expand

ICICIdirect Vs 5paisa

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India.

  ICICIdirect 5paisa
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE NSE, BSE
Year of Incorporation 2000 1996
Number of Branches 154 1
Open ICICIdirect AccountOpen 5paisa Account

Expand

ICICIdirect Vs 5paisa Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while 5paisa account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and 5paisa Demat Account AMC Charges is Rs 300.

  ICICIdirect 5paisa
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 (from 2nd year) Rs 300

Expand

ICICIdirect Vs 5paisa Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas 5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type ICICIdirect ICICI Neo Plan 5paisa Regular Account Plan
Fixed Charges NA NA
Equity Delivery 0.55% Rs 20 per executed order
Equity Intraday Rs 20 per order Rs 20 per executed order
Equity Futures Rs 0 (Free) Rs 20 per executed order
Equity Options Rs 20 per order Rs 20 per executed order
Currency Futures Rs 20 per order Rs 20 per executed order
Currency Options Rs 20 per order Rs 20 per executed order
Commodity Futures Rs 20 per order Rs 20 per executed order
Commodity Options Rs 20 per order Rs 20 per executed order
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

ICICIdirect Vs 5paisa Brokerage Plan 2

  ICICIdirect 5paisa
Account Type I-Secure Plan Power Investor Pack
Fixed Charges NA Rs 599 per month
Equity Delivery 0.55% Rs 10 per executed order
Equity Intraday 0.275% Rs 10 per executed order
Equity Futures 0.05% Rs 10 per executed order
Equity Options Rs 95 per lot Rs 10 per executed order
Currency Futures Rs 20 per order Rs 10 per executed order
Currency Options Rs 20 per order Rs 10 per executed order
Commodity Futures Rs 20 per order Rs 10 per executed order
Commodity Options Rs 20 per order Rs 10 per executed order
Open ICICIdirect AccountOpen 5paisa Account

ICICIdirect Vs 5paisa Brokerage Plan 3

  ICICIdirect 5paisa
Account Type ICICI Neo Plan Ultra Trader Pack
Fixed Charges NA Rs 1199 per month
Equity Delivery 0.55% Rs 10 per executed order
Equity Intraday Rs 20 per order Rs 10 per executed order
Equity Futures Rs 0 (Free) Rs 10 per executed order
Equity Options Rs 20 per order Rs 10 per executed order
Currency Futures Rs 20 per order Rs 10 per executed order
Currency Options Rs 20 per order Rs 10 per executed order
Commodity Futures Rs 20 per order Rs 10 per executed order
Commodity Options Rs 20 per order Rs 10 per executed order
Open ICICIdirect AccountOpen 5paisa Account

ICICIdirect Charges Vs 5paisa

Minimum Brokerage Rs 35 per trade (I-Secure Plan) Rs 20 per trade
Other Charges Margin Trading Interest: 0.025% Per day
Call & Trade Charges Rs 50 per trade Rs 100 per call (any number of trades in a call)

Expand

ICICIdirect Vs 5paisa Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while 5paisa exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  ICICIdirect 5paisa
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) Grp A: 0.0026%
Open ICICIdirect AccountOpen 5paisa Account

Expand

ICICIdirect Vs 5paisa Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the 5paisa margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  ICICIdirect 5paisa
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open ICICIdirect AccountOpen 5paisa Account

Expand

Compare ICICIdirect and 5paisa Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. 5paisa offers 5paisa Trade Station (Web, Mobile App and EXE) trading software.

  ICICIdirect 5paisa
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 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 5paisa Trade Station (Web, Mobile App and EXE)
Intraday Square-off Time 3:30 PM Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Open ICICIdirect AccountOpen 5paisa Account

Expand

ICICIdirect Vs 5paisa Review

ICICIdirect is rated 2.3 of 5 based on 479 customer reviews whereas 5paisa is rated 2.6 of 5 based on 94 customer reviews.

  ICICIdirect 5paisa
  479 Customer Reviews    Rate ICICIdirect 94 Customer Reviews    Rate 5paisa
Fees 2.2 2.9
Brokerage 1.7 3.5
Trading Platform 3.3 2.7
Customer Service 2.6 2.1
Research Capabilities 2.9 2.4
Overall Ratings Rated 2.3 stars Rated 2.6 stars
Broker Rating ICICIdirect is rated 2.3 of 5 based on 479 customer reviews 5paisa is rated 2.6 of 5 based on 94 customer reviews

Expand

Contact Broker / Request A Call Back

  ICICIdirect Enquire 5paisa Enquire
Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Expand

ICICIdirect Vs 5paisa Investment Options

  ICICIdirect 5paisa
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 Mutual Funds, Insurance

Expand

ICICIdirect Vs 5paisa Order Type Offered

  ICICIdirect 5paisa
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Open ICICIdirect AccountOpen 5paisa Account

Expand

ICICIdirect Vs 5paisa Research Report

  ICICIdirect 5paisa
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

Expand

ICICIdirect Vs 5paisa Suitable For Investor Type

  ICICIdirect 5paisa
Casual Investor Yes
Active Investor Yes
Trader Yes

Expand

ICICIdirect Vs 5paisa - Pros and Cons

  ICICIdirect 5paisa
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.
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
Reviews
Promo / Offers

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.
Open ICICIdirect AccountOpen 5paisa Account

Comments

Add a public comment...

Compare ICICIdirect Compare 5paisa
Compare More Brokers: