The side-by-side comparison of ICICI Direct and Indiabulls. Compare ICICI Direct Vs Indiabulls brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Indiabulls?
ICICI Direct
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 Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com).
ICICIDirect.com is the flags...
Indiabulls
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding.
Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more...
Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India.
ICICI Direct | Indiabulls | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE | BSE, NSE and MCX |
Account Type | 3-in-1 Account (I-Secure Plan) | Equity Unlimited Trade |
Year of Incorporation | 2000 | 2000 |
Number of Branches | 154 | 18 |
Broker Enquiry |
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ICICI Direct trading account opening charges is Rs 0 while Indiabulls account opening changes is Rs 500. ICICI Direct Demat Account AMC Charges is Rs 700 (from 2nd year) and Indiabulls Demat Account AMC Charges is Rs 450.
ICICI Direct | Indiabulls | |
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Trading Account Opening Charges | Rs 0 | Rs 500 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 700 (from 2nd year) | Rs 450 |
ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
ICICI Direct | Indiabulls | |
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Account Type | 3-in-1 Account (I-Secure Plan) | Equity Unlimited Trade |
Fixed Charges | Rs 1000 | |
Equity Delivery Brokerage | 0.55% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.275% | Rs 0 (Free) |
Equity Futures Brokerage | 0.05% to 0.03% | Rs 15 per trade |
Equity Options Brokerage | Rs 95 to Rs 35 per lot | Rs 15 per trade |
Currency Futures Trading Brokerage | 0.050% to 0.030% | Rs 15 per trade |
Currency Options Trading Brokerage | Rs 25 to Rs 10 per lot | Rs 15 per trade |
Commodity Futures Trading Brokerage | NA | 0.03% |
Commodity Options Trading Brokerage | NA | 0.03% |
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. |
Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer |
ICICI Direct | Indiabulls | |
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Account Type | I-Saver Plan | F&O Unlimited Trade |
Fixed Charges | Rs 1000 | |
Equity Delivery Brokerage | 0.75% to 0.25% | Rs 15 per trade |
Equity Intraday Brokerage | 0.75% to 0.25% | Rs 15 per trade |
Equity Futures Brokerage | 0.05% to 0.03% | Rs 0 (Free) |
Equity Options Brokerage | Rs 95 to Rs 65 per lot | Rs 0 (Free) |
Currency Futures Trading Brokerage | 0.05% to 0.03% | Rs 0 (Free) |
Currency Options Trading Brokerage | 0.25 to Rs 65 per lot | Rs 0 (Free) |
Commodity Futures Trading Brokerage | NA | 0.03% |
Commodity Options Trading Brokerage | NA | 0.03% |
Enquire ICICI Direct | Enquire Indiabulls |
ICICI Direct | Indiabulls | |
---|---|---|
Account Type | ICICIdirect Prime Plan | Base Plan |
Fixed Charges | Rs 900 | NA |
Equity Delivery Brokerage | 0.25% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.25% | Rs 15 per executed order |
Equity Futures Brokerage | 0.025% | Rs 15 per executed order |
Equity Options Brokerage | Rs 35 | Rs 15 per executed order |
Currency Futures Trading Brokerage | Rs 0 | Rs 15 per executed order |
Currency Options Trading Brokerage | Rs 0 | Rs 15 per executed order |
Commodity Futures Trading Brokerage | NA | 0.03% |
Commodity Options Trading Brokerage | NA | 0.03% |
Enquire ICICI Direct | Enquire Indiabulls |
Minimum Brokerage Charges | Rs 35 per trade | Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan) |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 25 per call after first 20 free calls per month | Rs 0 (Free) |
ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Indiabulls exchange transaction charges for options is Rs 5500 per crore (on premium) (0.055%).
ICICI Direct | Indiabulls | |
---|---|---|
Equity Delivery | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | Rs 325 per crore (0.00325%) |
Equity Intraday | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | Rs 325 per crore (0.00325%) |
Equity Futures | Rs 180 per Cr (0.0018%) | Rs 250 per crore (0.0025%) |
Equity Options | Rs 5000 per Cr (0.05%) (on premium) | Rs 5500 per crore (on premium) (0.055%) |
Currency Futures | Rs 120 per Cr (0.0012%) | Rs 250 per crore (0.0025%) |
Currency Options | Rs 5000 per Cr (0.05%) (on premium) | Rs 5500 per crore (on premium) (0.055%) |
Commodity | NA | |
Enquire ICICI Direct | Enquire Indiabulls |
ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Indiabulls margin for intraday cash is Up to 5x (based on the stock).
ICICI Direct | Indiabulls | |
---|---|---|
Equity Delivery | 5x with Interest | 1x (no margin) |
Equity Intraday | Upto 25x | Up to 5x (based on the stock) |
Equity Futures | 4x | Intra-day: 4x | Carry forward: 1x (no margin) |
Equity Options | 2x for shorting | Intra-day: 4x | Carry forward: 1x |
Currency Futures | NA | Intra-day: 2x | Carry forward: 1x |
Currency Options | NA | Intra-day: 2x | Carry forward: 1x |
Commodity Futures | NA | NA |
Commodity Options | NA | |
Enquire ICICI Direct | Enquire Indiabulls |
The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Indiabulls offers SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) trading software.
ICICI Direct | Indiabulls | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App | SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) |
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 | ||
Enquire ICICI Direct | Enquire Indiabulls |
ICICI Direct is rated 2.4 of 5 based on 433 customer reviews whereas Indiabulls is rated 3.2 of 5 based on 50 customer reviews.
ICICI Direct | Indiabulls | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire ICICI Direct | Enquire Indiabulls |
ICICI Direct | Indiabulls | |
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Promo / Offers | ICICI 3-in-1 AccountICICI 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. |
Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived)Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer |
Enquire ICICI Direct | Enquire Indiabulls |
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