FREE Account Opening + No Clearing Fees
Loading...

ICICIdirect Vs Angel One (Compare ICICIdirect and Angel One)

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.

Angel One Limited Logo

About Angel One
Incorporated in 1987, Angel One (Angel One) is one of the largest full-service retail brokers in India offering online discount brokerage services. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. Angel One has a strong neighborhood presence with 110 branches, 11,000 trading terminals, and over 18,000 authorized persons in 1800+ citie... Know more about Angel One Limited

Expand

ICICIdirect Vs Angel One

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1987, Angel One is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India.

  ICICIdirect Angel One
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2000 1987
Number of Branches 154 900
Open Angel One Account

Expand

ICICIdirect Vs Angel One Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Angel One account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Angel One Demat Account AMC Charges is Rs 240.

  ICICIdirect Angel One
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 240

Expand

ICICIdirect Vs Angel One Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Angel One brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order.

Account Type ICICIdirect ICICI Neo Plan Angel One Angel iTrade PRIME
Fixed Charges NA
Equity Delivery 0.55% Rs 0 (Free)
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

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.

ICICIdirect Vs Angel One Brokerage Plan 2

  ICICIdirect Angel One
Account Type I-Secure Plan Angel iTrade PRIME
Fixed Charges NA
Equity Delivery 0.55% Rs 0 (Free)
Equity Intraday 0.275% Rs 20 per executed order
Equity Futures 0.05% Rs 20 per executed order
Equity Options Rs 95 per lot 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
Open Angel One Account

ICICIdirect Charges Vs Angel One

Minimum Brokerage Rs 35 per trade (I-Secure Plan) Equity Rs 20 | F&O Rs 30
Other Charges Margin Trading Interest: 0.025% Per day
Call & Trade Charges Rs 50 per trade Additional Rs 20 per executed order

Expand

ICICIdirect Vs Angel One 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 Angel One exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

  ICICIdirect Angel One
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (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%) | BSE Rs 22 per Cr (0.00022%)
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%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%)
Open Angel One Account

Expand

ICICIdirect Vs Angel One Leverage (Margin)

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

  ICICIdirect Angel One
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 Angel One Account

Expand

Compare ICICIdirect and Angel One Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Angel One offers Angel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) trading software.

  ICICIdirect Angel One
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
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 Angel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal)
Intraday Square-off Time 3:30 PM 3:15 PM
Trading In SME Shares Allowed? No
Referral Program Yes
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency
Open Angel One Account

Expand

ICICIdirect Vs Angel One Review

ICICIdirect is rated 2.4 of 5 based on 481 customer reviews whereas Angel One is rated 2.7 of 5 based on 277 customer reviews.

  ICICIdirect Angel One
  481 Customer Reviews    Rate ICICIdirect 277 Customer Reviews    Rate Angel One
Fees 2.2 3.0
Brokerage 1.7 3.0
Trading Platform 3.3 3.0
Customer Service 2.7 2.6
Research Capabilities 2.9 2.7
Overall Ratings Rated 2.4 stars Rated 2.7 stars
Broker Rating ICICIdirect is rated 2.4 of 5 based on 481 customer reviews Angel One is rated 2.7 of 5 based on 277 customer reviews

Expand

Contact Broker / Request A Call Back

  ICICIdirect Enquire Angel One Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.

Expand

ICICIdirect Vs Angel One Investment Options

  ICICIdirect Angel One
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

Expand

ICICIdirect Vs Angel One Order Type Offered

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

Expand

ICICIdirect Vs Angel One Research Report

  ICICIdirect Angel One
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

Expand

ICICIdirect Vs Angel One Suitable For Investor Type

  ICICIdirect Angel One
Casual Investor Yes
Active Investor Yes
Trader Yes

Expand

ICICIdirect Vs Angel One - Pros and Cons

  ICICIdirect Angel One
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.
  1. Brokerage-free equity delivery trades.
  2. The brokerage of flat Rs 20 per trade in Intraday and F&O.
  3. Easy-to-use online trading platforms
  4. Free research reports and trading tips.
  5. Margin trading facility and securities as collateral are available.
  6. Do not charge for NEFT/fund transfers. (Others charge ~Rs 10 per).
  7. Only charges Rs 20 for intraday square-off and call & trade (others charge Rs 50).
  8. Free advisory/tips for stocks and mutual funds (Others do not).
  9. Local sub-broker/RM services even at a discount brokerage.
  10. Facility to call RM if there are issues (Other popular brokers always have busy lines).
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.
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Angel broking doesn't offer trading in SME share.
  3. Angel RM and sales team tries to cross sale other products and services.
  4. GTC/GTT order facility not available.
  5. Doesn't offer 3-in-1 account.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Angel One Special Offer

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Open Angel One Account

2 Comments

2. Boopathy   I Like It. |Report Abuse|  Link|September 7, 2022 9:41:07 AMReply
Angel one demat account close
1. Boopathy   I Like It. |Report Abuse|  Link|September 7, 2022 9:39:09 AMReply
Close my account

Compare More Brokers: