The side-by-side comparison of ICICI Direct and TradeSmart. Compare ICICI Direct Vs TradeSmart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs TradeSmart?
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...
TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers.
TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of...
Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
ICICI Direct | TradeSmart | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE | BSE, NSE, MCX |
Account Type | 3-in-1 Account (I-Secure Plan) | Power Plan (?15/Order) |
Year of Incorporation | 2000 | 1994 |
Number of Branches | 154 | 1 |
Broker Enquiry |
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ICICI Direct trading account opening charges is Rs 0 while TradeSmart account opening changes is Rs 200. ICICI Direct Demat Account AMC Charges is Rs 700 (from 2nd year) and TradeSmart Demat Account AMC Charges is Rs 300.
ICICI Direct | TradeSmart | |
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Trading Account Opening Charges | Rs 0 | Rs 200 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 200 |
Demat Account AMC Charges | Rs 700 (from 2nd year) | Rs 300 |
ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas TradeSmart brokerage charges for equity is Rs 15 per executed order and intraday is Rs 15 per executed order.
ICICI Direct | TradeSmart | |
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Account Type | 3-in-1 Account (I-Secure Plan) | Power Plan (?15/Order) |
Fixed Charges | ||
Equity Delivery Brokerage | 0.55% | Rs 15 per executed order |
Equity Intraday Brokerage | 0.275% | Rs 15 per executed order |
Equity Futures Brokerage | 0.05% to 0.03% | Rs 15 per executed order |
Equity Options Brokerage | Rs 95 to Rs 35 per lot | Rs 15 per executed order |
Currency Futures Trading Brokerage | 0.050% to 0.030% | Rs 15 per executed order |
Currency Options Trading Brokerage | Rs 25 to Rs 10 per lot | Rs 15 per executed order |
Commodity Futures Trading Brokerage | NA | Rs 15 per executed order |
Commodity Options Trading Brokerage | NA | Rs 15 per executed order |
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: FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer |
ICICI Direct | TradeSmart | |
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Account Type | I-Saver Plan | Value Plan |
Fixed Charges | ||
Equity Delivery Brokerage | 0.75% to 0.25% | 0.007% |
Equity Intraday Brokerage | 0.75% to 0.25% | 0.007% |
Equity Futures Brokerage | 0.05% to 0.03% | 0.007% |
Equity Options Brokerage | Rs 95 to Rs 65 per lot | Rs 7 Per Lot |
Currency Futures Trading Brokerage | 0.05% to 0.03% | 0.007% |
Currency Options Trading Brokerage | 0.25 to Rs 65 per lot | Rs 7 Per Lot |
Commodity Futures Trading Brokerage | NA | 0.007% |
Commodity Options Trading Brokerage | NA | Rs 7 Per Lot |
Enquire ICICI Direct | Enquire TradeSmart |
ICICI Direct | TradeSmart | |
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Account Type | ICICIdirect Prime Plan | Power Plan (?15/Order) |
Fixed Charges | Rs 900 | |
Equity Delivery Brokerage | 0.25% | Rs 15 per executed order |
Equity Intraday Brokerage | 0.25% | Rs 15 per executed order |
Equity Futures Brokerage | 0.025% | Rs 15 per executed order |
Equity Options Brokerage | Rs 35 | Rs 15 per executed order |
Currency Futures Trading Brokerage | Rs 0 | Rs 15 per executed order |
Currency Options Trading Brokerage | Rs 0 | Rs 15 per executed order |
Commodity Futures Trading Brokerage | NA | Rs 15 per executed order |
Commodity Options Trading Brokerage | NA | Rs 15 per executed order |
Enquire ICICI Direct | Enquire TradeSmart |
Minimum Brokerage Charges | Rs 35 per trade | Rs 15 per executed order |
Other Brokerage Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | |
Call & Trade Charges | Rs 25 per call after first 20 free calls per month | Rs 20 per executed order |
ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while TradeSmart exchange transaction charges for options is 0.0715%.
ICICI Direct | TradeSmart | |
---|---|---|
Equity Delivery | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | 0.0035% |
Equity Intraday | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | 0.0035% |
Equity Futures | Rs 180 per Cr (0.0018%) | 0.0024% |
Equity Options | Rs 5000 per Cr (0.05%) (on premium) | 0.0715% |
Currency Futures | Rs 120 per Cr (0.0012%) | 0.00165% |
Currency Options | Rs 5000 per Cr (0.05%) (on premium) | 0.06% |
Commodity | NA | 0.0039% |
Enquire ICICI Direct | Enquire TradeSmart |
ICICI Direct provides the margin of Upto 25x for intraday trades whereas the TradeSmart margin for intraday cash is 30x trading margin.
ICICI Direct | TradeSmart | |
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Equity Delivery | 5x with Interest | 1x (no margin) |
Equity Intraday | Upto 25x | 30x trading margin |
Equity Futures | 4x | MIS: 3X | BO: 7X | CO: 7X |
Equity Options | 2x for shorting | MIS: 3X | BO: 7X | CO: 7X |
Currency Futures | NA | MIS: 3X | BO: 3X | CO: 3X |
Currency Options | NA | MIS: 3X | BO: NA | CO: NA |
Commodity Futures | NA | MIS: 2X | BO: 6X | CO: 6X |
Commodity Options | MIS: NA | BO: NA | CO: NA | |
Enquire ICICI Direct | Enquire TradeSmart |
The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. TradeSmart offers NEST, NOW, Spin trading software.
ICICI Direct | TradeSmart | |
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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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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App | NEST, NOW, Spin |
Intraday Square-off Time | 3:30 PM | Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing |
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
Referral Program | ![]() |
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Enquire ICICI Direct | Enquire TradeSmart |
ICICI Direct is rated 2.4 of 5 based on 437 customer reviews whereas TradeSmart is rated 4.0 of 5 based on 65 customer reviews.
ICICI Direct | TradeSmart | |
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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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Enquire ICICI Direct | Enquire TradeSmart |
ICICI Direct | TradeSmart | |
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Reviews | Useful Articles:
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Promo / Offers | ICICI 3-in-1 AccountICICI 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. |
Limited Time Offer - Free Account Opening (Rs 400 waived)Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat Rs 15 per order. Get this limited time offer |
Enquire ICICI Direct | Enquire TradeSmart |
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