Unlimited Trading @ Rs 899 per month - Prostocks

ICICIDirect Vs Finvasia (Compare ICICIDirect and Finvasia)

The side-by-side comparison of ICICIDirect and Finvasia. Compare ICICIDirect Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and ICICIDirect review.

Find out ICICIDirect Vs Finvasia which is better and ICICIDirect Vs Finvasia which is best.

Our ICICI Securities Pvt Ltd. comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between ICICIDirect and Finvasia.


ICICIDirect Vs Finvasia

  ICICIDirect Finvasia
Find more info about broker
ICICI Securities Pvt Ltd. Logo Finvasia Securities Pvt Ltd Logo
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... Know more about ICICI Securities Pvt Ltd. Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, in... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type 3-in-1 Account (I-Secure Plan) Standard
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000 2013
Number of Branches 154 1
Enquire ICICIDirect Enquire Finvasia

ICICIDirect Vs Finvasia Charges

  ICICIDirect Finvasia
Trading Account Opening Fees ₹975 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹450 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No

ICICIDirect Vs Finvasia Brokerage

Brokerage Plan 1

  ICICIDirect Finvasia
Account Type 3-in-1 Account (I-Secure Plan) Standard
Fixed Charges
Equity Delivery Brokerage 0.55% ₹0
Equity Intraday Brokerage 0.275% ₹0
Equity Futures Brokerage 0.05% to 0.03% ₹0
Equity Options Brokerage ₹95 to ₹35 per lot ₹0
Currency Futures Trading Brokerage 0.050% to 0.030% ₹0
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹0
Commodity Futures Trading Brokerage NA ₹0
Commodity Options Trading Brokerage NA ₹0

Brokerage Plan 2

  ICICIDirect Finvasia
Account Type I-Saver Plan Standard
Fixed Charges NA
Equity Delivery Brokerage 0.75% to 0.25% ₹0
Equity Intraday Brokerage 0.75% to 0.25% ₹0
Equity Futures Brokerage 0.05% to 0.03% ₹0
Equity Options Brokerage ₹95 to ₹65 per lot ₹0
Currency Futures Trading Brokerage 0.05% to 0.03% ₹0
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹0
Commodity Futures Trading Brokerage NA ₹0
Commodity Options Trading Brokerage NA ₹0

Brokerage Plan 3

  ICICIDirect Finvasia
Account Type ICICIdirect Prime Plan Standard
Fixed Charges ₹900 NA
Equity Delivery Brokerage 0.25% ₹0
Equity Intraday Brokerage 0.25% ₹0
Equity Futures Brokerage 0.025% ₹0
Equity Options Brokerage ₹35 ₹0
Currency Futures Trading Brokerage ₹0 ₹0
Currency Options Trading Brokerage ₹0 ₹0
Commodity Futures Trading Brokerage NA ₹0
Commodity Options Trading Brokerage NA ₹0

Other Charges

Minimum Brokerage Charges ₹35 per trade ₹0
Other Brokerage Charges Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹0

ICICIDirect Vs Finvasia Taxes

  ICICIDirect Finvasia
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.

ICICIDirect Vs Finvasia Transaction Charges

  ICICIDirect Finvasia
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures ₹180 per Cr (0.0018%) NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options ₹5000 per Cr (0.05%) (on premium) ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹120 per Cr (0.0012%) ₹115 per Cr (0.00115%)
Currency Options ₹5000 per Cr (0.05%) (on premium) ₹4000 per Cr (0.04%) (on premium)
Commodity NA ₹260 per Cr (0.0026%)

ICICIDirect Vs Finvasia Exposure Margin

  ICICIDirect Finvasia
Equity Delivery 5x with Interest 1x
Equity Intraday Upto 25x up to 10x
Equity Futures 4x 2x
Equity Options 2x for shorting 1x
Currency Futures NA 1x
Currency Options NA 1x
Commodity Futures NA 2x
Commodity Options 1x

ICICIDirect and Finvasia Feature Comparison

  ICICIDirect Finvasia
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program

ICICIDirect Vs Finvasia Review

  ICICIDirect Finvasia
  405 Customer Reviews    Rate ICICIDirect 10 Customer Reviews    Rate Finvasia
Fees Ratings 2.3 4.5
Trading Brokerage Rating 1.7 4.8
Trading Platform Usability 3.4 3.1
Customer Service Ratings 2.8 4.7
Overall Ratings Rated 2.4 stars Rated 4.7 stars
Broker Rating ICICIDirect is Rated 2.4 / 5 based on 405 customer reviews Finvasia is Rated 4.7 / 5 based on 10 customer reviews

Contact Broker / Request A Call Back

  ICICIDirect Enquire Finvasia Enquire
Contact Broker

ICICIDirect Vs Finvasia Investment Options

  ICICIDirect Finvasia
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICIDirect Vs Finvasia Customer Service

  ICICIDirect Finvasia
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No

ICICIDirect Vs Finvasia Order Type Offered

  ICICIDirect Finvasia
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No

ICICIDirect Vs Finvasia Research Report

  ICICIDirect Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

ICICIDirect Vs Finvasia Suitable For Investor Type

  ICICIDirect Finvasia
Casual Investor Yes
Active Investor Yes
Trader Yes

ICICIDirect Vs Finvasia - Advantages and Disadvantages

  ICICIDirect Finvasia
  • 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...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.

More Disadvantages...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

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.

Compare More Brokers
ICICIDirect Vs Zerodha
ICICIDirect Vs HDFC Securities
ICICIDirect Vs Sharekhan
ICICIDirect Vs AxisDirect
ICICIDirect Vs Angel Broking
ICICIDirect Vs Kotak Securities
ICICIDirect Vs Motilal Oswal
ICICIDirect Vs Karvy
ICICIDirect Vs SBI Securities
ICICIDirect Vs Geojit
ICICIDirect Vs Religare
ICICIDirect Vs Edelweiss
ICICIDirect Vs Reliance Securities
ICICIDirect Vs SMC Global
ICICIDirect Vs Nirmal Bang
ICICIDirect Vs 5paisa
ICICIDirect Vs Ventura
ICICIDirect Vs Upstox
ICICIDirect Vs Anand Rathi
ICICIDirect Vs MyValueTrade
ICICIDirect Vs Indiabulls
ICICIDirect Vs Aditya Birla Money
ICICIDirect Vs Bonanza
ICICIDirect Vs TradingBells
ICICIDirect Vs IDBI Capital
ICICIDirect Vs TradeSmart
ICICIDirect Vs SAS Online
ICICIDirect Vs iTradeOnline
ICICIDirect Vs RK Global
ICICIDirect Vs Tradeplus
ICICIDirect Vs Tradejini
ICICIDirect Vs Alice Blue
ICICIDirect Vs Wisdom Capital
ICICIDirect Vs Fyers
ICICIDirect Vs ProStocks
ICICIDirect Vs RMoney
ICICIDirect Vs Beeline
ICICIDirect Vs Just Trade
ICICIDirect Vs Achiievers
ICICIDirect Vs Trustline
ICICIDirect Vs Yes Securities
Finvasia Vs Zerodha
Finvasia Vs HDFC Securities
Finvasia Vs Sharekhan
Finvasia Vs AxisDirect
Finvasia Vs Angel Broking
Finvasia Vs Kotak Securities
Finvasia Vs Motilal Oswal
Finvasia Vs Karvy
Finvasia Vs IIFL
Finvasia Vs SBI Securities
Finvasia Vs Geojit
Finvasia Vs Religare
Finvasia Vs Edelweiss
Finvasia Vs Reliance Securities
Finvasia Vs SMC Global
Finvasia Vs Nirmal Bang
Finvasia Vs 5paisa
Finvasia Vs Ventura
Finvasia Vs Upstox
Finvasia Vs Anand Rathi
Finvasia Vs MyValueTrade
Finvasia Vs Indiabulls
Finvasia Vs Aditya Birla Money
Finvasia Vs Bonanza
Finvasia Vs SAMCO
Finvasia Vs TradingBells
Finvasia Vs IDBI Capital
Finvasia Vs TradeSmart
Finvasia Vs SAS Online
Finvasia Vs iTradeOnline
Finvasia Vs RK Global
Finvasia Vs Tradeplus
Finvasia Vs Tradejini
Finvasia Vs Alice Blue
Finvasia Vs Wisdom Capital
Finvasia Vs Fyers
Finvasia Vs ProStocks
Finvasia Vs RMoney
Finvasia Vs Beeline
Finvasia Vs Just Trade
Finvasia Vs Achiievers
Finvasia Vs Trustline
Finvasia Vs Yes Securities
Finvasia Vs RKSV

Message Board

Stock Message Board

Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App