ICICIDirect Vs Sharekhan (Compare ICICIDirect and 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

• 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...

• 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...

• 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...

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.