ICICI Direct Vs Aditya Birla Money (Compare ICICI Direct and Aditya Birla Money)

ICICI Direct Vs Aditya Birla Money

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.

	ICICI Direct	Aditya Birla Money
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE	BSE, NSE, MCX
Account Type	3-in-1 Account (I-Secure Plan)
Year of Incorporation	2000	1994
Number of Branches	154	800
Broker Enquiry
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ICICI Direct Vs Aditya Birla Money Charges & AMC

ICICI Direct trading account opening charges is Rs 0 while Aditya Birla Money account opening changes is Rs 750. ICICI Direct Demat Account AMC Charges is Rs 700 (from 2nd year) and Aditya Birla Money Demat Account AMC Charges is Rs 436.

	ICICI Direct	Aditya Birla Money
Trading Account Opening Charges	Rs 0	Rs 750
Trading Account AMC Charges	Rs 0	Nil
Demat Account Opening Charges	Rs 0	Nil
Demat Account AMC Charges	Rs 700 (from 2nd year)	Rs 436

ICICI Direct Vs Aditya Birla Money Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03%.

	ICICI Direct	Aditya Birla Money
Account Type	3-in-1 Account (I-Secure Plan)
Fixed Charges
Equity Delivery Brokerage	0.55%	0.30%
Equity Intraday Brokerage	0.275%	0.03%
Equity Futures Brokerage	0.05% to 0.03%	0.03%
Equity Options Brokerage	Rs 95 to Rs 35 per lot	Rs 50 per lot
Currency Futures Trading Brokerage	0.050% to 0.030%	0.03%
Currency Options Trading Brokerage	Rs 25 to Rs 10 per lot	Rs 50 per lot
Commodity Futures Trading Brokerage	NA	0.03%
Commodity Options Trading Brokerage	NA	Nil
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.

ICICI Direct Vs Aditya Birla Money Brokerage Plan 2

	ICICI Direct	Aditya Birla Money
Account Type	I-Saver Plan
Fixed Charges
Equity Delivery Brokerage	0.75% to 0.25%	0.30%
Equity Intraday Brokerage	0.75% to 0.25%	0.03%
Equity Futures Brokerage	0.05% to 0.03%	0.03%
Equity Options Brokerage	Rs 95 to Rs 65 per lot	Rs 50 per lot
Currency Futures Trading Brokerage	0.05% to 0.03%	0.03%
Currency Options Trading Brokerage	0.25 to Rs 65 per lot	Rs 50 per lot
Commodity Futures Trading Brokerage	NA	0.03%
Commodity Options Trading Brokerage	NA	Nil
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ICICI Direct Vs Aditya Birla Money Brokerage Plan 3

	ICICI Direct	Aditya Birla Money
Account Type	ICICIdirect Prime Plan
Fixed Charges	Rs 900
Equity Delivery Brokerage	0.25%	0.30%
Equity Intraday Brokerage	0.25%	0.03%
Equity Futures Brokerage	0.025%	0.03%
Equity Options Brokerage	Rs 35	Rs 50 per lot
Currency Futures Trading Brokerage	Rs 0	0.03%
Currency Options Trading Brokerage	Rs 0	Rs 50 per lot
Commodity Futures Trading Brokerage	NA	0.03%
Commodity Options Trading Brokerage	NA	Nil
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ICICI Direct Charges Vs Aditya Birla Money

Minimum Brokerage Charges	Rs 35 per trade	Rs 20 per executed order
Other Brokerage Charges
Call & Trade Charges	Rs 25 per call after first 20 free calls per month	Nil

ICICI Direct Vs Aditya Birla Money Transaction Charges

ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Aditya Birla Money exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

	ICICI Direct	Aditya Birla Money
Equity Delivery	NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)	Rs 325 per Cr (0.00325%)
Equity Intraday	NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)	Rs 325 per Cr (0.00325%)
Equity Futures	Rs 180 per Cr (0.0018%)	Rs 190 per Cr (0.0019%)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 120 per Cr (0.0012%)	Rs 110 per Cr (0.0011%)
Currency Options	Rs 5000 per Cr (0.05%) (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	NA	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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ICICI Direct Vs Aditya Birla Money Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Aditya Birla Money margin for intraday cash is 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product.

	ICICI Direct	Aditya Birla Money
Equity Delivery	5x with Interest	Upto 5x with interest
Equity Intraday	Upto 25x	15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Equity Futures	4x	Upto 3x
Equity Options	2x for shorting	Nil
Currency Futures	NA	3x
Currency Options	NA	Nil
Commodity Futures	NA	4x
Commodity Options
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Compare ICICI Direct and Aditya Birla Money Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.

	ICICI Direct	Aditya Birla Money
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Etrade, Advanced web, Mobile invest
Intraday Square-off Time	3:30 PM	3:15
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Insurance and Pension scheme available
Referral Program
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ICICI Direct Vs Aditya Birla Money Review

ICICI Direct is rated 2.4 of 5 based on 433 customer reviews whereas Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews.

	ICICI Direct	Aditya Birla Money
	433 Customer Reviews	13 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 433 customer reviews	Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews

ICICI Direct Vs Aditya Birla Money Investment Options

	ICICI Direct	Aditya Birla Money
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS	Mutual Funds

ICICI Direct Vs Aditya Birla Money Order Type Offered

	ICICI Direct	Aditya Birla Money
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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ICICI Direct Vs Aditya Birla Money Research Report

	ICICI Direct	Aditya Birla Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICI Direct Vs Aditya Birla Money Suitable For Investor Type

	ICICI Direct	Aditya Birla Money
Casual Investor
Active Investor
Trader

ICICI Direct Vs Aditya Birla Money - Pros and Cons

	ICICI Direct	Aditya Birla Money
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.	ABM offers 2 in 1 account which is Trading cum Demat account No Call and Trade charges Fund transfer facility available from more than 11 banks ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
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.	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program
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.
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