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ICICIDirect Vs Sharekhan Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and Sharekhan stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Sharekhan's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and Sharekhan.

	ICICI Securities Pvt Ltd.	Sharekhan
	ICICIDirect Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Sharekhan Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	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 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 & f...
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnage	BSE, NSE	BSE, NSE, MSEI, MCX
Account Type	3-in-1 Account (I-Secure Plan)	Classic Account
Broker Enquiry

Stock Broker Fees / Charges

	ICICI Securities Pvt Ltd.	Sharekhan
Trading Account Opening Fees	₹975	₹0 (Free)
Trading Account AMC	₹0	₹0 (Free)
Demat Account Opening Fees	₹0	₹0 (Free)
Demat Account AMC	₹600	₹400 (Free for 1st year)
Demat Account is Mandatory?	No	No

Trading Brokerage Charges

Brokerage Plan 1

	ICICI Securities Pvt Ltd.	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	₹100 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	0.10%
Commodity Options Trading Brokerage

Brokerage Plan 2

	ICICI Securities Pvt Ltd.	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	₹95 to ₹65 per lot
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage

Brokerage Plan 3

	ICICI Securities Pvt Ltd.	Sharekhan
Account Type	3-in-1 Account (I-Secure Plan)	Margin - ₹1 Lakh
Fixed Charges		₹1,00,000 margin
Equity Delivery Brokerage	0.55%	0.25%
Equity Intraday Brokerage	0.275%	0.05%
Equity Futures Brokerage	0.05% to 0.03%	0.05%
Equity Options Brokerage	₹95 to ₹35 per lot	1% or ₹70 per lot
Currency Futures Trading Brokerage	0.050% to 0.030%
Currency Options Trading Brokerage	₹25 to ₹10 per lot
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage

Other Charges

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

Taxes

	ICICI Securities Pvt Ltd.	Sharekhan
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.

Transaction Charges

	ICICI Securities Pvt Ltd.	Sharekhan
Equity Delivery	NSE: 0.0031% \| BSE: 0.0028%	NSE ₹325 \| BSE ₹275
Equity Intraday	NSE: 0.0031% \| BSE: 0.0028%	NSE ₹325 \| BSE ₹275
Equity Futures	0.0018%	NSE ₹190 \| BSE ₹50
Equity Options	0.05% on Premium	NSE ₹5000 \| BSE ₹50
Currency Futures	0.0012%	NSE ₹135 \| MCX ₹130
Currency Options	0.05% on Premium	NSE ₹4220 \| MCX ₹3220
Commodity	NA	MCX (Non-Agri) ₹230 \| MCX (Agri) ₹95

Exposure

	ICICI Securities Pvt Ltd.	Sharekhan
Equity Delivery		6.67x for A group stock \| 5x to 2.5x for B group stock
Equity Intraday		10x for A & B group stock
Equity Futures		66.67x for Indices futures \| 40x to 22.5x for stock futures
Equity Options		0x
Currency Futures
Currency Options
Commodity

Share Broker Features

	ICICI Securities Pvt Ltd.	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
Intraday Square-off Time	3:30 PM	3:30 PM
Other Features

Broker Ratings (Average User Rating)

	ICICI Securities Pvt Ltd.	Sharekhan
	395 Customer Reviews	274 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	ICICIDirect is Rated 2.5 / 5 based on 395 customer reviews	Sharekhan is Rated 3.3 / 5 based on 274 customer reviews

Contact Broker / Request A Call Back

	ICICI Securities Pvt Ltd.	Sharekhan
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Investment Options Available

	ICICI Securities Pvt Ltd.	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

Customer Service Offered

	ICICI Securities Pvt Ltd.	Sharekhan
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

	ICICI Securities Pvt Ltd.	Sharekhan
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Research / Tips / Reports Published

	ICICI Securities Pvt Ltd.	Sharekhan
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Suitable for Investor Category

	ICICI Securities Pvt Ltd.	Sharekhan
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	ICICI Securities Pvt Ltd.	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. More Advantages...	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. More Advantages...
Cons	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...	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. More Disadvantages...
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) Sharekhan offers 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 about ICICIDirect	Enquire about Sharekhan
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