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.
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ICICI Securities Pvt Ltd. |
Sharekhan |
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| 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
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE |
BSE, NSE, MSEI, MCX |
| Account Type
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3-in-1 Account (I-Secure Plan) |
Classic Account |
| Broker Enquiry |
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Stock Broker Fees / Charges
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Trading Account Opening Fees
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Rs 975 |
₹0 (Free) |
| Trading Account AMC
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NIL |
₹0 (Free) |
| Demat Account Opening Fees
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NIL |
₹0 (Free) |
| Demat Account AMC
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Rs 600 |
₹400 (Free for 1st year) |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Classic Account |
| Fixed Charges
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| Equity Delivery Brokerage
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0.55% |
0.50% |
| Equity Intraday Brokerage
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0.275% |
0.10% |
| Equity Futures Brokerage
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0.05% to 0.03% |
0.10% |
| Equity Options Brokerage
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Rs 95 to Rs 35 per lot |
₹100 per lot |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
0.10% |
| Currency Options Trading Brokerage
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Rs 25 to Rs 10 per lot |
₹30 per lot |
| Commodity Futures Trading Brokerage
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NA |
0.10% |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Account Type |
I-Saver Plan |
Prepaid - ₹1 Lakh |
| Fixed Charges
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₹1,00,000 per year |
| Equity Delivery Brokerage
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0.75% to 0.25% |
0.10% |
| Equity Intraday Brokerage
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0.75% to 0.25% |
0.015% |
| Equity Futures Brokerage
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0.05% to 0.03% |
0.015% |
| Equity Options Brokerage
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Rs 95 to Rs 65 per lot |
0.05% or ₹63 per lot |
| Currency Futures Trading Brokerage
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0.05% to 0.03% |
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| Currency Options Trading Brokerage
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Rs 95 to Rs 65 per lot |
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| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Brokerage Plan 3
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Margin - ₹1 Lakh |
| Fixed Charges
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₹1,00,000 margin |
| Equity Delivery Brokerage
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0.55% |
0.25% |
| Equity Intraday Brokerage
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0.275% |
0.05% |
| Equity Futures Brokerage
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0.05% to 0.03% |
0.05% |
| Equity Options Brokerage
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Rs 95 to Rs 35 per lot |
1% or ₹70 per lot |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
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| Currency Options Trading Brokerage
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Rs 25 to Rs 10 per lot |
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| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Rs 35 per trade |
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share |
| Other Brokerage Charges
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| Call & Trade Charges
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Taxes
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Equity Delivery
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 | BSE ₹275 |
| Equity Intraday
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 | BSE ₹275 |
| Equity Futures
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0.0018% |
NSE ₹190 | BSE ₹50 |
| Equity Options
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0.05% on Premium |
NSE ₹5000 | BSE ₹50 |
| Currency Futures
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0.0012% |
NSE ₹135 | MCX ₹130 |
| Currency Options
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0.05% on Premium |
NSE ₹4220 | MCX ₹3220 |
| Commodity
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NA |
MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 |
Exposure
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Equity Delivery
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6.67x for A group stock | 5x to 2.5x for B group stock |
| Equity Intraday
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10x for A & B group stock |
| Equity Futures
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66.67x for Indices futures | 40x to 22.5x for stock futures |
| Equity Options
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0x |
| Currency Futures
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| Currency Options
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| Commodity
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Share Broker Features
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ICICI Securities Pvt Ltd. |
Sharekhan |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Trading Platform
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Trade Racer |
TradeTiger |
| Intraday Square-off Time
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3:30 PM |
| Other Features
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Broker Ratings (Average User Rating)
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ICICI Securities Pvt Ltd. |
Sharekhan |
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389 Customer Reviews  |
274 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 389 customer reviews |
Sharekhan is Rated 3.3 / 5 based on 274 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Loans, NRI Trading |
Customer Service Offered
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ICICI Securities Pvt Ltd. |
Sharekhan |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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ICICI Securities Pvt Ltd. |
Sharekhan |
| Pros
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- 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
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- 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
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| Promo / Offers
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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.
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Enquire about ICICIDirect
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Enquire about Sharekhan
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Zero Account Opening Fee