ICICI Direct Vs Indira Securities (Compare ICICI Direct and Indira Securities)

The side-by-side comparison of ICICI Direct and Indira Securities. Compare ICICI Direct Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Indira Securities?


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... Know more about ICICI Securities Pvt Ltd.


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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ICICI Direct Vs Indira Securities

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

  ICICI Direct Indira Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX and NCDEX
Account Type 3-in-1 Account (I-Secure Plan) Traditional Plan
Year of Incorporation 2000 1987
Number of Branches 154 335
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you.
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ICICI Direct Vs Indira Securities Charges & AMC

ICICI Direct trading account opening charges is ₹0 while Indira Securities account opening changes is ₹0 (Free). ICICI Direct Demat Account AMC Charges is ₹700 (from 2nd year) and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

  ICICI Direct Indira Securities
Trading Account Opening Charges ₹0 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹700 (from 2nd year) ₹450 (Free for 1st year)
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ICICI Direct Vs Indira Securities Brokerage Charges & Plans

ICICI Direct Vs Indira Securities Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  ICICI Direct Indira Securities
Account Type 3-in-1 Account (I-Secure Plan) Traditional Plan
Fixed Charges
Equity Delivery Brokerage 0.55% 0.10%
Equity Intraday Brokerage 0.275% 0.01%
Equity Futures Brokerage 0.05% to 0.03% 0.01%
Equity Options Brokerage ₹95 to ₹35 per lot ₹25 per lot (both side)
Currency Futures Trading Brokerage 0.050% to 0.030% 0.01%
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹25 per lot (both side)
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA ₹25 per lot (both side)
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 Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

ICICI Direct Vs Indira Securities Brokerage Plan 2

  ICICI Direct Indira Securities
Account Type I-Saver Plan Discount Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.75% to 0.25% ₹20 per executed order
Equity Intraday Brokerage 0.75% to 0.25% ₹20 per executed order
Equity Futures Brokerage 0.05% to 0.03% ₹20 per executed order
Equity Options Brokerage ₹95 to ₹65 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.05% to 0.03% ₹20 per executed order
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹20 per executed order
Commodity Futures Trading Brokerage NA ₹20 per executed order
Commodity Options Trading Brokerage NA ₹20 per executed order

ICICI Direct Vs Indira Securities Brokerage Plan 3

  ICICI Direct Indira Securities
Account Type ICICIdirect Prime Plan Traditional Plan
Fixed Charges ₹900 NA
Equity Delivery Brokerage 0.25% 0.10%
Equity Intraday Brokerage 0.25% 0.01%
Equity Futures Brokerage 0.025% 0.01%
Equity Options Brokerage ₹35 ₹25 per lot (both side)
Currency Futures Trading Brokerage ₹0 0.01%
Currency Options Trading Brokerage ₹0 ₹25 per lot (both side)
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA ₹25 per lot (both side)

ICICI Direct Charges Vs Indira Securities

Minimum Brokerage Charges ₹35 per trade ₹20 per executed order
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹0 (Free)
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ICICI Direct Vs Indira Securities Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  ICICI Direct Indira Securities
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Futures ₹180 per Cr (0.0018%) NSE ₹190 per Cr (0.0019%)
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹120 per Cr (0.0012%) NSE ₹120 per Cr (0.0012%)
Currency Options ₹5000 per Cr (0.05%) (on premium) NSE ₹500 per Cr (0.005%) (on premium)
Commodity NA Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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ICICI Direct Vs Indira Securities Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

  ICICI Direct Indira Securities
Equity Delivery 5x with Interest 1x (no margin)
Equity Intraday Upto 25x Up to 10x (based on the stock)
Equity Futures 4x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options 2x for shorting 1x (no margin)
Currency Futures NA Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options NA 1x (no margin)
Commodity Futures NA Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options 1x (no margin)
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Compare ICICI Direct and Indira Securities Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Indira Securities offers ODIN trading software.

  ICICI Direct Indira Securities
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App ODIN
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program Yes
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ICICI Direct Vs Indira Securities Review

ICICI Direct is rated 2.4 of 5 based on 428 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

  ICICI Direct Indira Securities
  428 Customer Reviews    Rate ICICI Direct 2 Customer Reviews    Rate Indira Securities
Fees 2.3 3.0
Trading Brokerage 1.7 5.0
Trading Platform Usability 3.4 4.5
Customer Service 2.7 4.5
Research Capabilities 3.1 5.0
Overall Ratings Rated 2.4 stars Rated 4.5 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 428 customer reviews Indira Securities is rated 4.5 of 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire Indira Securities 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.

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ICICI Direct Vs Indira Securities Investment Options

  ICICI Direct Indira Securities
Stock / Equity Yes Yes
Commodity No Yes
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
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ICICI Direct Vs Indira Securities Order Type Offered

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

  ICICI Direct Indira Securities
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 Indira Securities Suitable For Investor Type

  ICICI Direct Indira Securities
Casual Investor Yes
Active Investor Yes
Trader Yes
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ICICI Direct Vs Indira Securities - Pros and Cons

  ICICI Direct Indira Securities
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.
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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.
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
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.

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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ICICI Direct Indira Securities
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