ICICI Direct Vs Sharekhan (Compare ICICI Direct and Sharekhan)

ICICI Direct Vs Sharekhan

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India.

	ICICI Direct	Sharekhan
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE	BSE, NSE, MCX
Account Type	3-in-1 Account (I-Secure Plan)	Classic Account
Year of Incorporation	2000	2000
Number of Branches	154	2800
Broker Enquiry
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ICICI Direct Vs Sharekhan Charges & AMC

ICICI Direct trading account opening charges is ₹0 while Sharekhan account opening changes is ₹0 (Free). ICICI Direct Demat Account AMC Charges is ₹700 (from 2nd year) and Sharekhan Demat Account AMC Charges is ₹400 (Free for 1st year).

	ICICI Direct	Sharekhan
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)	₹400 (Free for 1st year)

ICICI Direct Vs Sharekhan Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10%.

	ICICI Direct	Sharekhan
Account Type	3-in-1 Account (I-Secure Plan)	Classic Account
Fixed Charges
Equity Delivery Brokerage	0.55%	0.50%
Equity Intraday Brokerage	0.275%	0.10%
Equity Futures Brokerage	0.05% to 0.03%	0.10%
Equity Options Brokerage	₹95 to ₹35 per lot	₹50 per lot
Currency Futures Trading Brokerage	0.050% to 0.030%	0.10%
Currency Options Trading Brokerage	₹25 to ₹10 per lot	₹30 per lot
Commodity Futures Trading Brokerage	NA	0.03%
Commodity Options Trading Brokerage	NA	0.03%
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: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

ICICI Direct Vs Sharekhan Brokerage Plan 2

	ICICI Direct	Sharekhan
Account Type	I-Saver Plan	Prepaid - ₹1 Lakh
Fixed Charges		₹1,00,000 per year
Equity Delivery Brokerage	0.75% to 0.25%	0.10%
Equity Intraday Brokerage	0.75% to 0.25%	0.015%
Equity Futures Brokerage	0.05% to 0.03%	0.015%
Equity Options Brokerage	₹95 to ₹65 per lot	0.05% or ₹63 per lot
Currency Futures Trading Brokerage	0.05% to 0.03%
Currency Options Trading Brokerage	0.25 to ₹65 per lot
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage	NA
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ICICI Direct Vs Sharekhan Brokerage Plan 3

	ICICI Direct	Sharekhan
Account Type	ICICIdirect Prime Plan	Margin - ₹1 Lakh
Fixed Charges	₹900	₹1,00,000 margin
Equity Delivery Brokerage	0.25%	0.25%
Equity Intraday Brokerage	0.25%	0.05%
Equity Futures Brokerage	0.025%	0.05%
Equity Options Brokerage	₹35	1% or ₹70 per lot
Currency Futures Trading Brokerage	₹0
Currency Options Trading Brokerage	₹0
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage	NA
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ICICI Direct Charges Vs Sharekhan

Minimum Brokerage Charges	₹35 per trade	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
Other Brokerage Charges
Call & Trade Charges	₹25 per call after first 20 free calls per month	Rs 20

ICICI Direct Vs Sharekhan Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Sharekhan exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium).

	ICICI Direct	Sharekhan
Equity Delivery	NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday	NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures	₹180 per Cr (0.0018%)	NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side)
Equity Options	₹5000 per Cr (0.05%) (on premium)	NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)
Currency Futures	₹120 per Cr (0.0012%)	NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)
Currency Options	₹5000 per Cr (0.05%) (on premium)	NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium)
Commodity	NA	MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)
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ICICI Direct Vs Sharekhan Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Sharekhan margin for intraday cash is Upto 10x.

	ICICI Direct	Sharekhan
Equity Delivery	5x with Interest	Upto 5x with 24% interest per year
Equity Intraday	Upto 25x	Upto 10x
Equity Futures	4x	2x for Intraday
Equity Options	2x for shorting	Nil
Currency Futures	NA	Nil
Currency Options	NA	Nil
Commodity Futures	NA	Upto 2x for Intraday
Commodity Options
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Compare ICICI Direct and Sharekhan Features

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

	ICICI Direct	Sharekhan
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	TradeTiger, Sharekhan Mobile
Intraday Square-off Time	3:30 PM	3:30 PM
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Pattern finder, Class room training
Referral Program
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ICICI Direct Vs Sharekhan Review

ICICI Direct is rated 2.4 of 5 based on 428 customer reviews whereas Sharekhan is rated 3.3 of 5 based on 290 customer reviews.

	ICICI Direct	Sharekhan
	428 Customer Reviews	290 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 428 customer reviews	Sharekhan is rated 3.3 of 5 based on 290 customer reviews

ICICI Direct Vs Sharekhan Investment Options

	ICICI Direct	Sharekhan
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS	Loans, NRI Trading

ICICI Direct Vs Sharekhan Order Type Offered

	ICICI Direct	Sharekhan
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 Sharekhan Research Report

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

ICICI Direct Vs Sharekhan Suitable For Investor Type

	ICICI Direct	Sharekhan
Casual Investor
Active Investor
Trader

ICICI Direct Vs Sharekhan - Pros and Cons

	ICICI Direct	Sharekhan
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.	It has a strong network of over 1950 branches across India. The fund transfer from and to the trading account is free. The share transfer from and to the DP account is free when trading from Sharekhan trading account. The 'TradeTiger' is the most popular trading terminal in India. Brokerage Plan "Prepaid AMC schemes" are available for high volume traders. Stock SIP is available. Loan against shares, margin funding, ipo financing and ESOP funding is available.
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.	Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services. Sharekhan brokerage is high in comparison to the discount brokers. Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat 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 Trading & Demat Account (for limited time only) Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage. This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.
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1. 1. Compare Between ICICIDirect and Sharekhan?

   ICICI Direct and Sharekhan both are full-service brokers. ICICI Direct offers a 3-in-1 account while Sharekhan offers a 2-in-1 account. While ICICI Direct has branches in all major cities, Sharekhan has a presence in almost every corner of India through its branches offices and sub-brokers.

   Compare Between ICICIDirect and Sharekhan

   ICICI Direct	Sharekhan
   Full-Service Broker	Full-Service Broker
   Offer 3-in- 1 account	Offer 2-in-1 account
   % based brokerage charges. 0.55% for equity delivery.	% based brokerage charges. 0.50% for equity delivery.
   Brokerage is not negotiable.	Brokerage can be negotiated.
   Doesn't offer commodity trading	Offer commodity trading.
   Good local support through relationship managers.	Excellent local support through relationship managers.
   Doesn't offer any education programs.	Offers online and classroom training, seminars and workshops to investors.
   Charge ₹25 per call after the first 20 free calls per month.	Call & Trade facility is free.
   Doesn't accept FDs as collateral.	Accepts a fixed deposit (FD) as collateral.
   Offer an ASBA IPO application.	Offer a UPI IPO application.

   Find more detail at:

   • ICICI Direct vs Sharekhan - Detailed Comparison

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