About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include Equity, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. The company also offers NCD, wealth products, Home Loans, Insurance, etc.
ICICIdirect's most popu... 
About Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| ICICIdirect | Share.Market | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE |
| Year of Incorporation | 2000 | 2023 |
| Number of Branches | 154 | 0 |
ICICIdirect trading account opening charges is Rs 0 (Free) while Share.Market account opening changes is Rs 0 (free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| ICICIdirect | Share.Market | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (free) |
| Demat Account AMC Charges | For Individual account: Rs. 700 p.a. | Rs 180 (free for 1st year) |
ICICIdirect Brokerage Charges for equity is 0.29% and intraday is 0.029% whereas Share.Market brokerage charges for equity is Rs 20 per executed order or 0.1% whichever is lower and Intraday is Rs 20 per executed order or 0.1% whichever is lower.
| Account Type | ICICIdirect ICICI Direct Moneysaver Plan | Share.Market Flat Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.29% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | 0.029% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | 0.029% | Rs 20 per executed order |
| Equity Options | Rs 49 per lot | Rs 20 per executed order |
| 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 | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| ICICIdirect | Share.Market | |
|---|---|---|
| Account Type | Prime Plan - 999 | Flat Brokerage Plan |
| Fixed Charges | Rs 999 one time | NA |
| Equity Delivery | 0.22% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | 0.022% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | 0.022% | Rs 20 per executed order |
| Equity Options | Rs 49/order | Rs 20 per executed order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20/order | |
| Commodity Options | Rs 20/order | |
| ICICIdirect | Share.Market | |
|---|---|---|
| Account Type | Prime Plan - 9999 | Flat Brokerage Plan |
| Fixed Charges | Rs 9999 one time | NA |
| Equity Delivery | 0.07% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | 0.007% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | 0.007% | Rs 20 per executed order |
| Equity Options | Rs 9 per lot | Rs 20 per executed order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per lot | |
| Commodity Options | Rs 20 per lot | |
| Minimum Brokerage | No minimum brokerage (Moneysaver Plan) | Rs 2 |
| Other Charges | Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99% | Auto Square off charges: ₹30 per executed order |
| Call & Trade Charges | Rs 50 per trade | Rs 30 per executed order |
ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| ICICIdirect | Share.Market | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Share.Market offers Share.Market website and mobile app trading software.
| ICICIdirect | Share.Market | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ICICI Direct.com (website), ICICI Direct Mobile App | Share.Market website and mobile app |
| Intraday Square-off Time | 3:15 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Daily, monthly and yearly free research recommendations, 100% limit in shares as margin | Equity WealthBasket |
ICICIdirect is rated of 5 based on 486 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.
| ICICIdirect | Share.Market | |
|---|---|---|
486 Customer Reviews  | 3 Customer Reviews | |
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| Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 486 customer reviews | Share.Market is Rated 3.7 / 5 based on 3 customer reviews |
| ICICIdirect | Share.Market | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| ICICIdirect | Share.Market | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| ICICIdirect | Share.Market | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| ICICIdirect | Share.Market | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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