ICICIDirect Vs Indiabulls Share Broker Comparison
The side-by-side comparison of ICICI Securities Pvt Ltd. and Indiabulls Ventures Limited stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Indiabulls'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 Indiabulls.
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| |
|
|
|
 |
 |
| 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...  |
Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. ISL 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) |
Power Indiabulls |
| Broker Enquiry |
|
|
Stock Broker Fees / Charges
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Trading Account Opening Fees
|
₹975 |
Rs 750 |
| Trading Account AMC
|
₹0 |
NIL |
| Demat Account Opening Fees
|
₹0 |
NIL |
| Demat Account AMC
|
₹600 |
Rs 450 |
| Demat Account is Mandatory?
|
No |
No |
Trading Brokerage Charges
Brokerage Plan 1
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Power Indiabulls |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
0.55% |
0.3% |
| 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 |
Rs100/Lot |
| Currency Futures Trading Brokerage
|
0.050% to 0.030% |
0.03% |
| Currency Options Trading Brokerage
|
₹25 to ₹10 per lot |
Rs100/Lot |
| Commodity Futures Trading Brokerage
|
NA |
0.03% |
| Commodity Options Trading Brokerage
|
|
|
Brokerage Plan 2
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Account Type |
I-Saver Plan |
Power Indiabulls |
| Fixed Charges
|
|
|
| Equity Delivery Brokerage
|
0.75% to 0.25% |
0.3% |
| 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 |
Rs100/Lot |
| Currency Futures Trading Brokerage
|
0.05% to 0.03% |
0.03% |
| Currency Options Trading Brokerage
|
₹95 to ₹65 per lot |
Rs100/Lot |
| Commodity Futures Trading Brokerage
|
NA |
0.03% |
| Commodity Options Trading Brokerage
|
|
|
Other Charges
| Minimum Brokerage Charges
|
₹35 per trade |
3 paisa per share |
| Other Brokerage Charges
|
|
|
| Call & Trade Charges
|
₹25 per call after first 20 free calls per month |
|
Taxes
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| 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)
|
- 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 |
Check table below |
| SEBI Charges
|
Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
|
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
|
Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| 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% |
Exposure
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Equity Delivery
|
|
|
| Equity Intraday
|
|
|
| Equity Futures
|
|
|
| Equity Options
|
|
|
| Currency Futures
|
|
|
| Currency Options
|
|
|
| Commodity
|
|
|
Share Broker Features
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| 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 |
Power Indiabulls |
| Intraday Square-off Time
|
3:30 PM |
|
| Other Features
|
|
Mobile Application: Power Indiabulls Mobile |
Broker Ratings (Average User Rating)
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| |
395 Customer Reviews  |
44 Customer Reviews |
| Fees Ratings |
 |
 |
| Trading Brokerage Rating |
 |
 |
| Trading Platform Usability |
|
 |
| Customer Service Ratings |
 |
|
| Overall Ratings |
 |
 |
| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 395 customer reviews |
Indiabulls is Rated 3.2 / 5 based on 44 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS |
|
Customer Service Offered
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| 24/7 Customer Service
|
|
|
| Onine Live Chat
|
|
|
| Through Branches
|
|
|
Order Type
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Bracket Order
|
|
|
| Cover Order
|
|
|
| Buy Today Sell Tomorrow (BTST)
|
|
|
| Sell Today Buy Tomorrow (STBT)
|
|
|
| After Market Order(AMO)
|
|
|
| Good Till Cancelled (GTC)
|
|
|
Research / Tips / Reports Published
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Suitable for Investor Category
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| Casual Investor
|
|
|
| Active Investor
|
|
|
| Trader
|
|
|
Pros, Cons and Other Review Comments
| |
ICICI Securities Pvt Ltd. |
Indiabulls Ventures Limited |
| 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... |
- Indiabulls has good network of branches across India.
- Brokerage is negotiable and can be reduced up to 50-60%.
- Power Indiabulls is available for Apple's Mac and Linux OS.
- 10 times exposure for intraday trades.
- Indiabulls provides trading platforms which are easy to use, rich in features and to suite different customer needs. Power Indiabulls Trading Terminal, Online Trading Website and Mobile Power Indiabulls trading platform are 3 platforms offered by them.
- Indiabulls has branches and sub brokers in almost every city in India. This helps customers who feel comfortable dealing with people.
- Indiabulls offers 2-in-1 account which includes share trading and demat account.
More Advantages... |
| 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.
- 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... |
- Power Indiabulls Trading Terminal cost Rs 750 one time change.
- There are no standard rates, fees or brokerage published on website. You should be very careful with hidden changes.
- No centralized support or sales team. Business is done through branches and sub-brokers.
- Indiabulls doesn't provide 3-in-1 account
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. |
|
|
Enquire about ICICIDirect
|
Enquire about Indiabulls
|
| Compare More Brokers |
|
|
Zerodha
Zero Account Opening Fee