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ICICI Direct Vs Geojit (Compare ICICI Direct and Geojit)

The side-by-side comparison of ICICI Direct and Geojit. Compare ICICI Direct Vs Geojit brokerage, charges, exposure margin, demat account. Read Geojit and ICICI Direct review.

Find out ICICI Direct Vs Geojit which is better and ICICI Direct Vs Geojit which is best.

Our ICICI Securities Pvt Ltd. comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between ICICI Direct and Geojit.

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ICICI Direct Vs Geojit

  ICICI Direct Geojit
Find more info about broker
ICICI Securities Pvt Ltd. Logo Geojit BNP Paribas Logo
About the Broker ICICI Direct 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 Grou... Know more about ICICI Securities Pvt Ltd. Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experie... Know more about Geojit BNP Paribas
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX-SX
Account Type 3-in-1 Account (I-Secure Plan) Online Trading
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000 1987
Number of Branches 154 509
Enquire ICICI Direct Enquire Geojit
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ICICI Direct Vs Geojit Charges

  ICICI Direct Geojit
Trading Account Opening Fees ₹975 ₹425
Trading Account AMC ₹0 NIL
Demat Account Opening Fees ₹0 NIL
Demat Account AMC ₹700 ₹0
Demat Account is Mandatory? No No
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ICICI Direct Vs Geojit Brokerage

Brokerage Plan 1

  ICICI Direct Geojit
Account Type 3-in-1 Account (I-Secure Plan) Online Trading
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 ₹95 to ₹35 per lot ₹125 per contract
Currency Futures Trading Brokerage 0.050% to 0.030% 0.03%
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹125 per contract
Commodity Futures Trading Brokerage NA NA
Commodity Options Trading Brokerage NA NA
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.

Brokerage Plan 2

  ICICI Direct Geojit
Account Type I-Saver Plan Online Trading
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 ₹95 to ₹65 per lot ₹125 per contract
Currency Futures Trading Brokerage 0.05% to 0.03% 0.03%
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹125 per contract
Commodity Futures Trading Brokerage NA NA
Commodity Options Trading Brokerage NA NA

Brokerage Plan 3

  ICICI Direct Geojit
Account Type ICICIdirect Prime Plan Online Trading
Fixed Charges ₹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 ₹35 ₹125 per contract
Currency Futures Trading Brokerage ₹0 0.03%
Currency Options Trading Brokerage ₹0 ₹125 per contract
Commodity Futures Trading Brokerage NA NA
Commodity Options Trading Brokerage NA NA

Other Charges

Minimum Brokerage Charges ₹35 per trade 1p per share or ₹20/contract whichever is higher
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month
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ICICI Direct Vs Geojit Taxes

  ICICI Direct Geojit
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.
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ICICI Direct Vs Geojit Transaction Charges

  ICICI Direct Geojit
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) ₹325 per Cr (0.00325%)
Equity Futures ₹180 per Cr (0.0018%) ₹210 per Cr (0.0021%)
Equity Options ₹5000 per Cr (0.05%) (on premium) ₹5500 per Cr (0.05%)
Currency Futures ₹120 per Cr (0.0012%) ₹145 per Cr (0.00145%)
Currency Options ₹5000 per Cr (0.05%) (on premium) ₹4730 per Cr (0.0473%) on premium
Commodity NA NA
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ICICI Direct Vs Geojit Exposure Margin

  ICICI Direct Geojit
Equity Delivery 5x with Interest Upto 7x with 22% interest per year
Equity Intraday Upto 25x Upto 10x
Equity Futures 4x No additional leverage
Equity Options 2x for shorting No additional leverage
Currency Futures NA No additional leverage
Currency Options NA No additional leverage
Commodity Futures NA NA
Commodity Options
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ICICI Direct and Geojit Feature Comparison

  ICICI Direct Geojit
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
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ICICI Direct Vs Geojit Review

  ICICI Direct Geojit
  411 Customer Reviews    Rate ICICI Direct 96 Customer Reviews    Rate Geojit
Fees 2.3 3.7
Trading Brokerage 1.7 3.3
Trading Platform Usability 3.4 4.1
Customer Service 2.8 3.8
Research Capabilities 4.3
Overall Ratings Rated 2.4 stars Rated 3.8 stars
Broker Rating ICICI Direct is Rated 2.4 / 5 based on 411 customer reviews Geojit is Rated 3.8 / 5 based on 96 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire Geojit Enquire
Contact Broker

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.

Leave your contact information and we will get in touch with you....

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ICICI Direct Vs Geojit Investment Options

  ICICI Direct Geojit
Stock / Equity Yes Yes
Commodity No No
Currency Yes Yes
Initial Public Offers (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 Insurance
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ICICI Direct Vs Geojit Customer Service

  ICICI Direct Geojit
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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ICICI Direct Vs Geojit Order Type Offered

  ICICI Direct Geojit
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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ICICI Direct Vs Geojit Research Report

  ICICI Direct Geojit
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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ICICI Direct Vs Geojit Suitable For Investor Type

  ICICI Direct Geojit
Casual Investor Yes
Active Investor Yes
Trader
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ICICI Direct Vs Geojit - Advantages and Disadvantages

  ICICI Direct Geojit
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.

More Advantages...

More Advantages...

Cons
  • 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...

1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher.

More Disadvantages...

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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