ICICI Direct Vs Just Trade (Compare ICICI Direct and Just Trade)

ICICI Direct Vs Just Trade

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in , Just Trade is a Full Service Broker. It offers trading at BSE, NSE. It has branches across India.

	ICICI Direct	Just Trade
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE
Year of Incorporation	2000
Number of Branches	154
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ICICI Direct Vs Just Trade Charges & AMC

ICICI Direct trading account opening charges is Rs 0 (Free) while Just Trade account opening changes is Rs 599. ICICI Direct Demat Account AMC Charges is Rs 300 (from 2nd year) and Just Trade Demat Account AMC Charges is Rs 250.

	ICICI Direct	Just Trade
Trading Account Opening Charges	Rs 0 (Free)	Rs 599
Trading Account AMC Charges	Rs 0 (Free)	Rs 599
Demat Account Opening Charges	Rs 0 (Free)	NIL
Demat Account AMC Charges	Rs 300 (from 2nd year)	Rs 250

ICICI Direct Vs Just Trade Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Just Trade brokerage charges for equity is 0.40% and intraday is 0.04%.

	ICICI Direct	Just Trade
Account Type	ICICI Neo Plan	Basic Silver Plan - 599
Fixed Charges	NA
Equity Delivery	0.55%	0.40%
Equity Intraday	Rs 20 per order	0.04%
Equity Futures	Rs 0 (Free)	0.04%
Equity Options	Rs 20 per order	Rs 50 per lot
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
Special Offer	Special Offer: ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now

ICICI Direct Vs Just Trade Brokerage Plan 2

	ICICI Direct	Just Trade
Account Type	I-Secure Plan	Basic Silver Plan - 599
Fixed Charges	NA
Equity Delivery	0.55%	0.40%
Equity Intraday	0.275%	0.04%
Equity Futures	0.05%	0.04%
Equity Options	Rs 95 per lot	Rs 50 per lot
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
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ICICI Direct Charges Vs Just Trade

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade

ICICI Direct Vs Just Trade Transaction Charges

ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Just Trade exchange transaction charges for options is .

	ICICI Direct	Just Trade
Equity Delivery	NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)
Equity Intraday	NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)
Equity Futures	Rs 180 per Cr (0.0018%)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 120 per Cr (0.0012%)
Currency Options	Rs 5000 per Cr (0.05%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)
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ICICI Direct Vs Just Trade Leverage (Margin)

ICICI Direct margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Just Trade margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	ICICI Direct	Just Trade
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare ICICI Direct and Just Trade Features

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

	ICICI Direct	Just Trade
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect 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 Just Trade Review

ICICI Direct is rated 2.4 of 5 based on 449 customer reviews whereas Just Trade is rated 3.2 of 5 based on 13 customer reviews.

	ICICI Direct	Just Trade
	449 Customer Reviews	13 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 449 customer reviews	Just Trade is rated 3.2 of 5 based on 13 customer reviews

ICICI Direct Vs Just Trade Investment Options

	ICICI Direct	Just Trade
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICI Direct Vs Just Trade Order Type Offered

	ICICI Direct	Just Trade
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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ICICI Direct Vs Just Trade Research Report

	ICICI Direct	Just Trade
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICI Direct Vs Just Trade Suitable For Investor Type

	ICICI Direct	Just Trade
Casual Investor
Active Investor
Trader

ICICI Direct Vs Just Trade - Pros and Cons

	ICICI Direct	Just Trade
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.
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. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
Reviews
Promo / Offers	ICICIDirect Neo Plan (Discount Brokerage) Open a 3-in-1 account with Neo Plan for: Free Account Opening Brokerage-Free Equity Futures trading Flat Rs 20 per trade brokerage (Intraday and F&O) in BSE, NSE and MCX Free trading tips Get funds in your bank account in just 30 minutes of selling stocks Interested in opening a trading account? Open Instant Account Now
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