ICICIDirect Vs Indiabulls (Compare ICICIDirect and Indiabulls)
The side-by-side comparison of ICICIDirect and Indiabulls. Compare ICICIDirect Vs Indiabulls brokerage, charges, exposure margin, demat account. Read Indiabulls and ICICIDirect review.
Find out ICICIDirect Vs Indiabulls which is better and ICICIDirect Vs Indiabulls which is best.
Our ICICI Securities Pvt Ltd. comparison with Indiabulls Ventures Limited highlights the major differences between two brokers. Find the best between ICICIDirect and Indiabulls.
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...
Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. IVL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX, NCDEX
Account Type
3-in-1 Account (I-Secure Plan)
Indiabulls Shubh
Broker Enquiry
Year of Incorporation
2000
2000
Number of Branches
154
22
ICICIDirect Vs Indiabulls Charges
ICICIDirect
Indiabulls
Trading Account Opening Fees
₹975
₹450
Trading Account AMC
₹0
NIL
Demat Account Opening Fees
₹0
NIL
Demat Account AMC
₹450
₹450 (Free for 1st Year)
Demat Account is Mandatory?
No
No
ICICIDirect Vs Indiabulls Brokerage
Brokerage Plan 1
ICICIDirect
Indiabulls
Account Type
3-in-1 Account (I-Secure Plan)
Indiabulls Shubh
Fixed Charges
Equity Delivery Brokerage
0.55%
0%
Equity Intraday Brokerage
0.275%
₹15 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.05% to 0.03%
₹15 per executed order or .01% whichever is lower
Equity Options Brokerage
₹95 to ₹35 per lot
₹15 per lot
Currency Futures Trading Brokerage
0.050% to 0.030%
₹15 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹25 to ₹10 per lot
₹15 per lot
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
NA
Brokerage Plan 2
ICICIDirect
Indiabulls
Account Type
I-Saver Plan
Indiabulls Shubh
Fixed Charges
Equity Delivery Brokerage
0.75% to 0.25%
0%
Equity Intraday Brokerage
0.75% to 0.25%
₹15 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.05% to 0.03%
₹15 per executed order or .01% whichever is lower
Equity Options Brokerage
₹95 to ₹65 per lot
₹15 per lot
Currency Futures Trading Brokerage
0.05% to 0.03%
₹15 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹95 to ₹65 per lot
₹15 per lot
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹35 per trade
₹0
Other Brokerage Charges
Call & Trade Charges
₹25 per call after first 20 free calls per month
₹15
ICICIDirect Vs Indiabulls Taxes
ICICIDirect
Indiabulls
Securities Transaction Tax (STT)
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)
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 Indiabulls Transaction Charges
ICICIDirect
Indiabulls
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
0.00325%
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
0.00325%
Equity Futures
0.0018%
0.0025%
Equity Options
0.05% on Premium
0.055% on Premium
Currency Futures
0.0012%
0.0025%
Currency Options
0.05% on Premium
0.055% on Premium
Commodity
NA
0.003%
ICICIDirect Vs Indiabulls Exposure Margin
ICICIDirect
Indiabulls
Equity Delivery
5x with Interest
1x (no margin)
Equity Intraday
Upto 25x
Up to 12x (based on the stock)
Equity Futures
4x
Intraday - 50%(2x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
2x for shorting
1x (no margin)
Currency Futures
NA
1x (no margin)
Currency Options
NA
1x (no margin)
Commodity Futures
NA
Commodity Options
ICICIDirect and Indiabulls Feature Comparison
ICICIDirect
Indiabulls
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
SHUBH Mobile, SHUBH Web, Power Indiabulls
Intraday Square-off Time
3:30 PM
Other Features
Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Live News, World market summary
Referral Program
ICICIDirect Vs Indiabulls Review
ICICIDirect
Indiabulls
403 Customer Reviews
44 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 403 customer reviews
Indiabulls is Rated 3.2 / 5 based on 44 customer reviews
Zerodha
Zero Account Opening Fee