ICICIDirect Vs Beeline Share Broker Comparison
The side-by-side comparison of ICICI Securities Pvt Ltd. and Beeline Broking Limited stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Beeline's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and Beeline.
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
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| 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...  |
Beeline Broking Ltd is an online Discount Stock Broker. Beeline offers trading & investment at BSE, NSE, MCX and NCDEX exchanges. Beeline offers investment across segments including Equity, Derivative, Currency Derivatives, Commodity and Insurance.
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Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE |
BSE, NSE, MCX, NCDEX |
| Account Type
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3-in-1 Account (I-Secure Plan) |
Discount Brokerage Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Trading Account Opening Fees
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₹975 |
Nil |
| Trading Account AMC
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₹0 |
Nil |
| Demat Account Opening Fees
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₹0 |
Nil |
| Demat Account AMC
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₹600 |
Zero AMC with one time ₹876 fee |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Discount Brokerage Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.55% |
₹18 per executed order |
| Equity Intraday Brokerage
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0.275% |
₹18 per executed order |
| Equity Futures Brokerage
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0.05% to 0.03% |
₹18 per executed order |
| Equity Options Brokerage
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₹95 to ₹35 per lot |
₹18 per executed order |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
₹18 per executed order |
| Currency Options Trading Brokerage
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₹25 to ₹10 per lot |
₹18 per executed order |
| Commodity Futures Trading Brokerage
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NA |
₹18 per executed order |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Account Type |
I-Saver Plan |
Traditional Brokerage Plan |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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0.75% to 0.25% |
As per margin |
| Equity Intraday Brokerage
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0.75% to 0.25% |
As per margin |
| Equity Futures Brokerage
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0.05% to 0.03% |
As per margin |
| Equity Options Brokerage
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₹95 to ₹65 per lot |
As per margin |
| Currency Futures Trading Brokerage
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0.05% to 0.03% |
As per margin |
| Currency Options Trading Brokerage
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₹95 to ₹65 per lot |
As per margin |
| Commodity Futures Trading Brokerage
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NA |
As per margin |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹35 per trade |
₹18 per executed order |
| Other Brokerage Charges
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Software Charges at ₹150 per segment |
| Call & Trade Charges
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₹25 per call after first 20 free calls per month |
₹20 per executed order |
Taxes
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Equity Delivery
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 | BSE ₹275 per Crore |
| Equity Intraday
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 | BSE ₹275 per Crore |
| Equity Futures
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0.0018% |
NSE ₹215 per Crore |
| Equity Options
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0.05% on Premium |
NSE ₹5600 per Crore |
| Currency Futures
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0.0012% |
NSE ₹135 per Crore |
| Currency Options
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0.05% on Premium |
NSE ₹4600 per Crore |
| Commodity
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NA |
MCX ₹260 | NCDEX ₹400 per Crore |
Exposure
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Equity Delivery
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1 times |
| Equity Intraday
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10 times |
| Equity Futures
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3 times |
| Equity Options
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Selling: 3 times | Buying: 1 times |
| Currency Futures
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2 times |
| Currency Options
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Selling: 2 times | Buying: 1 times |
| Commodity
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MCX Futres: 3 times | NCDEX Futures: 1 times |
Share Broker Features
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App |
NSE Now, ODIN (My Armour) |
| Intraday Square-off Time
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3:30 PM |
3:15 PM |
| Other Features
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Broker Ratings (Average User Rating)
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
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395 Customer Reviews  |
2 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 395 customer reviews |
Beeline is Rated 4.0 / 5 based on 2 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS |
Insurance |
Customer Service Offered
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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ICICI Securities Pvt Ltd. |
Beeline Broking Limited |
| Pros
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- 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... |
- Online Discount Stock and Commodity Broker.
- Brokerage Fee: Flat ₹18 per executed order in Eq F&O, Curr F&O and Commodity Futures.
- Rs 0 AMC Demat account when paid Rs 876 one time fee.
- NSE Now and ODIN trading software.
- Dedicated relationship managers are available.
More Advantages... |
| Cons
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- 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.
More Disadvantages... |
- Software uses changes at ₹150 per segment.
- Call & Trade is not free. It is charged at ₹20 per order.
- Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform.
- Doesn't offer local customer service as it doesn't have branch offices.
More Disadvantages... |
| Reviews
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Beeline Broking is India based broker engaged in stock and commodity trading. Beeline is a discount stock broker offering flat rate (Rs 18 per executed order) brokerage plan. Beeline offers industry standard NSE NOW and ODIN trading platform. Beeline also offer depository services (demat account) and online insurances. Beeline is based in Ahmadabad, Gujarat. |
| Promo / Offers
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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. |
Get 15 days brokerage free trading + Lifetime Rs 0 AMC Demat Account for ₹176 one time fee. Use Coupon CHT176 to avail this special offer. |
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Enquire about ICICIDirect
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee