ICICI Direct Vs Sharekhan (Compare ICICI Direct and Sharekhan)

The side-by-side comparison of ICICI Direct and Sharekhan. Compare ICICI Direct Vs Sharekhan brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Sharekhan?


ICICI Direct
ICICI Direct 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, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com). ICICIDirect.com is the flags... Know more about ICICI Securities Pvt Ltd.


Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

Expand

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 Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you.
Enquire ICICI DirectEnquire Sharekhan
Expand

ICICI Direct Vs Sharekhan Charges & AMC

ICICI Direct trading account opening charges is ₹975 while Sharekhan account opening changes is ₹0 (Free). ICICI Direct Demat Account AMC Charges is ₹700 and Sharekhan Demat Account AMC Charges is ₹400 (Free for 1st year).

  ICICI Direct Sharekhan
Trading Account Opening Charges ₹975 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹700 ₹400 (Free for 1st year)
Expand

ICICI Direct Vs Sharekhan Brokerage Charges & Plans

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
Enquire ICICI DirectEnquire Sharekhan

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
Enquire ICICI DirectEnquire Sharekhan

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
Expand

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%)
Enquire ICICI DirectEnquire Sharekhan
Expand

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
Enquire ICICI DirectEnquire Sharekhan
Expand

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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
Enquire ICICI DirectEnquire Sharekhan
Expand

ICICI Direct Vs Sharekhan Review

ICICI Direct is rated 2.4 of 5 based on 422 customer reviews whereas Sharekhan is rated 3.3 of 5 based on 288 customer reviews.

  ICICI Direct Sharekhan
  422 Customer Reviews    Rate ICICI Direct 288 Customer Reviews    Rate Sharekhan
Fees 2.3 3.1
Trading Brokerage 1.7 2.9
Trading Platform Usability 3.4 3.7
Customer Service 2.7 3.3
Research Capabilities 3.0 3.3
Overall Ratings Rated 2.4 stars Rated 3.3 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 422 customer reviews Sharekhan is rated 3.3 of 5 based on 288 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Direct Enquire Sharekhan Enquire
Contact Broker

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.

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

Expand

ICICI Direct Vs Sharekhan Investment Options

  ICICI Direct Sharekhan
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Loans, NRI Trading
Expand

ICICI Direct Vs Sharekhan Order Type Offered

  ICICI Direct Sharekhan
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Enquire ICICI DirectEnquire Sharekhan
Expand

ICICI Direct Vs Sharekhan Research Report

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

ICICI Direct Vs Sharekhan Suitable For Investor Type

  ICICI Direct Sharekhan
Casual Investor Yes Yes
Active Investor Yes
Trader
Expand

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.

Enquire ICICI DirectEnquire Sharekhan

Frequently Asked Questions

  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:

     

Compare More Brokers...

ICICI Direct Sharekhan
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App