ICICIDirect Vs RMoney (Compare ICICIDirect and RMoney)

• ICICIDirect Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO

• RMoney Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO

• 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)

• 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...

1. Offer both discount brokerage as well as full-service brokerage plans.
2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
3. ODIN trading platform is available free of cost to all customers.
4. Unlimited free Call & Trades.
5. Local branches in major cities across North India.
6. Free tips, research and news alerts.
7. Online paperless instant account opening.

More Advantages...

• 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...

1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
2. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
3. Margin funding is not available.
4. GTC/GTD not available in Equity.
5. NRI Account is not available.

More Disadvantages...

• Flat Fee Stock Trading Broker in India

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.

Lifetime FREE AMC Demat Account + Free Call & Trade

Get free lifetime free AMC demat account and pay flat ₹18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.