ICICIDirect Vs Karvy (Compare ICICIDirect and Karvy)
The side-by-side comparison of ICICIDirect and Karvy. Compare ICICIDirect Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and ICICIDirect review.
Find out ICICIDirect Vs Karvy which is better and ICICIDirect Vs Karvy which is best.
Our ICICI Securities Pvt Ltd. comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between ICICIDirect and Karvy.
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...
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX
Account Type
3-in-1 Account (I-Secure Plan)
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
Number of Branches
ICICIDirect Vs Karvy Charges
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
Trading Account Opening Fees
₹975
₹420
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹450
₹420
Demat Account is Mandatory?
No
No
ICICIDirect Vs Karvy Brokerage
Brokerage Plan 1
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
Account Type
3-in-1 Account (I-Secure Plan)
Retail Brokerage Plan
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
₹30 per lot
Currency Futures Trading Brokerage
0.050% to 0.030%
0.03%
Currency Options Trading Brokerage
₹25 to ₹10 per lot
₹30 per lot
Commodity Futures Trading Brokerage
NA
0.03%
Commodity Options Trading Brokerage
NA
Brokerage Plan 2
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
Account Type
I-Saver Plan
Premium Subscription Plan
Fixed Charges
Rs 100000 per year
Equity Delivery Brokerage
0.75% to 0.25%
0.1%
Equity Intraday Brokerage
0.75% to 0.25%
0.01%
Equity Futures Brokerage
0.05% to 0.03%
0.01%
Equity Options Brokerage
₹95 to ₹65 per lot
₹10 per lot
Currency Futures Trading Brokerage
0.05% to 0.03%
0.01%
Currency Options Trading Brokerage
₹95 to ₹65 per lot
₹10 per lot
Commodity Futures Trading Brokerage
NA
0.01%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹35 per trade
Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges
₹25 per call after first 20 free calls per month
ICICIDirect Vs Karvy Taxes
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
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.
ICICIDirect Vs Karvy Transaction Charges
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
₹325
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
₹325
Equity Futures
0.0018%
₹230
Equity Options
0.05% on Premium
₹5500
Currency Futures
0.0012%
₹325
Currency Options
0.05% on Premium
Commodity
NA
₹300
ICICIDirect Vs Karvy Exposure Margin
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
Equity Delivery
5x with Interest
Upto 5x with 24% interest per year
Equity Intraday
Upto 25x
Upto 20x
Equity Futures
4x
Upto 4x
Equity Options
2x for shorting
Upto 4x for shorting
Currency Futures
NA
Nil
Currency Options
NA
Nil
Commodity
NA
Upto 4x
ICICIDirect and Karvy Feature Comparison
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
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
NEST, Karvy Web, Trade Mobile
Intraday Square-off Time
3:30 PM
3:15
Other Features
Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Ask the expert, The Finapolis
Referral Program
ICICIDirect Vs Karvy Review
ICICI Securities Pvt Ltd.
Karvy Stock Broking Ltd
400 Customer Reviews
21 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 400 customer reviews
Karvy is Rated 2.1 / 5 based on 21 customer reviews
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.
Zerodha
Zero Account Opening Fee