ICICI Direct Vs 5paisa (Compare ICICI Direct and 5paisa)


ICICI Direct
ICICI Direct 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. ICICI Direct's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI ... Know more about ICICI Securities Pvt Ltd.


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

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ICICI Direct Vs 5paisa

Incorporated in 2000, ICICI Direct 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 900 branches across India.

  ICICI Direct 5paisa
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE NSE, BSE
Account Type ICICI Neo Plan Optimum
Year of Incorporation 2000 1996
Number of Branches 154 900
Open an Online Trading Account with ICICI Direct.Open an Online Trading Account with 5paisa.
Open ICICI Direct AccountOpen 5paisa Account
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ICICI Direct Vs 5paisa Charges & AMC

ICICI Direct trading account opening charges is Rs 0 while 5paisa account opening changes is Rs 0. ICICI Direct Demat Account AMC Charges is Rs 300 (from 2nd year) and 5paisa Demat Account AMC Charges is Rs 540 (charged as Rs 45 per traded month).

  ICICI Direct 5paisa
Trading Account Opening Charges Rs 0 Rs 0
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 300 (from 2nd year) Rs 540 (charged as Rs 45 per traded month)
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ICICI Direct Vs 5paisa Brokerage Charges & Plans

ICICI Direct Vs 5paisa Brokerage

ICICI Direct 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.

  ICICI Direct 5paisa
Account Type ICICI Neo Plan Optimum
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 30 minutes from sell orders + Free trading tips. Open Instant Account Now
Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

ICICI Direct Vs 5paisa Brokerage Plan 2

  ICICI Direct 5paisa
Account Type 3-in-1 Account (I-Secure Plan) Platinum
Fixed Charges Rs 499 per month
Equity Delivery 0.55% Rs 10 per executed order
Equity Intraday 0.275% Rs 10 per executed order
Equity Futures 0.05% to 0.03% Rs 10 per executed order
Equity Options Rs 95 to Rs 35 per lot Rs 2 per lot
Currency Futures 0.050% to 0.030% Rs 10 per executed order
Currency Options Rs 25 to Rs 10 per lot Rs 10 per executed order
Commodity Futures NA Rs 10 per executed order
Commodity Options NA Rs 10 per executed order
Open ICICI Direct AccountOpen 5paisa Account

ICICI Direct Vs 5paisa Brokerage Plan 3

  ICICI Direct 5paisa
Account Type I-Saver Plan Titanium
Fixed Charges Rs 1000 per month
Equity Delivery 0.75% to 0.25% Rs 0 (Free)
Equity Intraday 0.75% to 0.25% Rs 10 per executed order
Equity Futures 0.05% to 0.03% Rs 10 per executed order
Equity Options Rs 95 to Rs 65 per lot Rs 2 per executed lot
Currency Futures 0.05% to 0.03% Rs 10 per executed order
Currency Options 0.25 to Rs 65 per lot Rs 10 per executed order
Commodity Futures NA Rs 10 per executed order
Commodity Options NA Rs 10 per executed order
Open ICICI Direct AccountOpen 5paisa Account

ICICI Direct Charges Vs 5paisa

Minimum Brokerage Rs 35 per trade Rs 20 per trade
Other Charges Margin Trading Interest: 0.025% Per day Direct MF Investment: Rs 20 per order
Call & Trade Charges Rs 25 per call after first 20 free calls per month Rs 100 per call (any number of trades in a call)
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ICICI Direct Vs 5paisa Transaction Charges

ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while 5paisa exchange transaction charges for options is Rs 5100 per crore (0.051%) (on premium).

  ICICI Direct 5paisa
Equity Delivery NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) Rs 325 per crore (0.00325%)
Equity Intraday NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) Rs 325 per crore (0.00325%)
Equity Futures Rs 180 per Cr (0.0018%) Rs 210 per crore (0.0021%)
Equity Options Rs 5000 per Cr (0.05%) (on premium) Rs 5100 per crore (0.051%) (on premium)
Currency Futures Rs 120 per Cr (0.0012%) Rs 210 per crore (0.0021%)
Currency Options Rs 5000 per Cr (0.05%) (on premium) Rs 5100 per crore (0.051%) (on premium)
Commodity NA
Open ICICI Direct AccountOpen 5paisa Account
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ICICI Direct Vs 5paisa Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the 5paisa margin for intraday cash is Up to 20x.

  ICICI Direct 5paisa
Equity Delivery 5x with Interest Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x)
Equity Intraday Upto 25x Up to 20x
Equity Futures 4x Intra-day: 3.5x | Carry forward: 1x (no margin)
Equity Options 2x for shorting Intra-day: 1x | Carry forward: 1x
Currency Futures NA Intra-day: 1 time | Carry forward: 1x
Currency Options NA Intra-day: 1x | Carry forward: 1x
Commodity Futures NA
Commodity Options
Open ICICI Direct AccountOpen 5paisa Account
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Compare ICICI Direct and 5paisa Features

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

  ICICI Direct 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
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
Open ICICI Direct AccountOpen 5paisa Account
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ICICI Direct Vs 5paisa Review

ICICI Direct is rated 2.4 of 5 based on 441 customer reviews whereas 5paisa is rated 2.6 of 5 based on 80 customer reviews.

  ICICI Direct 5paisa
  441 Customer Reviews    Rate ICICI Direct 80 Customer Reviews    Rate 5paisa
Fees 2.2 3.0
Brokerage 1.7 3.7
Trading Platform 3.4 2.7
Customer Service 2.7 2.1
Research Capabilities 2.9 2.0
Overall Ratings Rated 2.4 stars Rated 2.6 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 441 customer reviews 5paisa is rated 2.6 of 5 based on 80 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire 5paisa Enquire
Contact Broker

ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now

FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

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ICICI Direct Vs 5paisa Investment Options

  ICICI Direct 5paisa
Stock / Equity Yes Yes
Commodity Yes No
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
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ICICI Direct Vs 5paisa Order Type Offered

  ICICI Direct 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 No
Open ICICI Direct AccountOpen 5paisa Account
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ICICI Direct Vs 5paisa Research Report

  ICICI Direct 5paisa
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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ICICI Direct Vs 5paisa Suitable For Investor Type

  ICICI Direct 5paisa
Casual Investor Yes
Active Investor Yes
Trader Yes
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ICICI Direct Vs 5paisa - Pros and Cons

  ICICI Direct 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.
  • Up to 4 times exposure in Equity Delivery Trading.
  • Up to 20 times exposure in Equity Intraday Trading.
  • 3.5 times exposure in Derivatives Intraday Trading.
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.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra Rs 25 per call after first 20 free calls in a month.
  • 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.
  • Higher demat debit charges (Rs 25 per transaction)
  • NRI Trading and Demat Account is not available.
  • Doesn't offer commodity trading.
Reviews
Promo / Offers

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 (Intraday and F&O) in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 30 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

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 ICICI Direct AccountOpen 5paisa Account

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ICICI Direct 5paisa
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