ICICIdirect Vs Dhan (Compare ICICIdirect and Dhan)

ICICIdirect Vs Dhan

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	ICICIdirect	Dhan
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2000	2021
Number of Branches	154	1
	Open ICICIdirect Account	Open Dhan Account

ICICIdirect Vs Dhan Charges & AMC

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

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

ICICIdirect Vs Dhan Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type	ICICIdirect ICICI Neo Plan	Dhan Flat Rate Plan
Fixed Charges	NA	Rs 0 or Nill
Equity Delivery	0.55%	Rs. 0
Equity Intraday	Rs 20 per order	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	Rs 0 (Free)	Rs 20 or 0.03% of trade value, whichever is lower
Equity Options	Rs 20 per order	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 or 0.03% of trade value, whichever is lower
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order	Rs 20 or 0.03% of trade value, whichever is lower
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: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

ICICIdirect Vs Dhan Brokerage Plan 2

	ICICIdirect	Dhan
Account Type	I-Secure Plan	Flat Rate Plan
Fixed Charges	NA	Rs 0 or Nill
Equity Delivery	0.55%	Rs. 0
Equity Intraday	0.275%	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	0.05%	Rs 20 or 0.03% of trade value, whichever is lower
Equity Options	Rs 95 per lot	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 or 0.03% of trade value, whichever is lower
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order	Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options	Rs 20 per order	Rs 20 per executed order
	Open ICICIdirect Account	Open Dhan Account

ICICIdirect Charges Vs Dhan

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

ICICIdirect Vs Dhan Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Dhan exchange transaction charges for options is NSE: 0.053%.

	ICICIdirect	Dhan
Equity Delivery	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	BSE: 0.00375% | NSE: 0.00345%
Equity Intraday	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	BSE: 0.00375% | NSE: 0.00345%
Equity Futures	NSE Rs 200 per Cr (0.002%)	NSE: 0.002%
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	NSE: 0.053%
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	NSE: 0.0009% | BSE: 0.00022% | Intrest Rate Derivatives: 0.00015%
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)	NSE: 0.035% | BSE: 0.001%
Commodity	Group A - Rs 260 per Cr (0.0026%)	Group A, B : 0.0026%
	Open ICICIdirect Account	Open Dhan Account

ICICIdirect Vs Dhan Leverage (Margin)

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

	ICICIdirect	Dhan
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 Account	Open Dhan Account

Compare ICICIdirect and Dhan Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

	ICICIdirect	Dhan
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time	3:30 PM	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader	APIs for Algo Trading, smallcases on Dhan
	Open ICICIdirect Account	Open Dhan Account

ICICIdirect Vs Dhan Review

ICICIdirect is rated 2.4 of 5 based on 465 customer reviews whereas Dhan is rated 3.5 of 5 based on 6 customer reviews.

	ICICIdirect	Dhan
	465 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.4 of 5 based on 465 customer reviews	Dhan is rated 3.5 of 5 based on 6 customer reviews

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ICICIdirect Vs Dhan Investment Options

	ICICIdirect	Dhan
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICIdirect Vs Dhan Order Type Offered

	ICICIdirect	Dhan
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open ICICIdirect Account	Open Dhan Account

ICICIdirect Vs Dhan Research Report

	ICICIdirect	Dhan
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs Dhan Suitable For Investor Type

	ICICIdirect	Dhan
Casual Investor
Active Investor
Trader

ICICIdirect Vs Dhan - Pros and Cons

	ICICIdirect	Dhan
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.	Safe, reliable, and technologically first online broker. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free account opening. AMC free demat account. Free equity delivery trades. Flat Rs 20 per trade brokerage for all other segments.
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.	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 20 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans.
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	Dhan Special Offer Brokerage-free share delivery trading and AMC free demat account Free account opening and Demat AMC + Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O + Separate option trading APP. This is a limited-time offer. Open an instant account online and start trading today.
	Open ICICIdirect Account	Open Dhan Account