Compare Articles Reports Glossary Complaints

ICICI Direct Vs TradeSmart (Compare ICICI Direct and TradeSmart)

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...

ICICI Direct Vs TradeSmart

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
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
	Enquire ICICI Direct	Enquire TradeSmart

ICICI Direct Vs TradeSmart Charges & AMC

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
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 Vs TradeSmart Brokerage Charges & Plans

ICICI Direct Vs TradeSmart Brokerage

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
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 Vs TradeSmart Brokerage Plan 2

	ICICI Direct	TradeSmart
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 Vs TradeSmart Brokerage Plan 3

	ICICI Direct	TradeSmart
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

ICICI Direct Charges Vs 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 Vs TradeSmart Transaction Charges

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 Vs TradeSmart Leverage (Margin)

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
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

Compare ICICI Direct and TradeSmart Features

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
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	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
	Enquire ICICI Direct	Enquire TradeSmart

ICICI Direct Vs TradeSmart Review

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
	437 Customer Reviews	65 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 437 customer reviews	TradeSmart is rated 4.0 of 5 based on 65 customer reviews

Contact Broker / Request A Call Back

	ICICI Direct Enquire	TradeSmart 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. Name Phone # Email City Name State Are you a day trader?	FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer Name Phone # Email City Name State Are you a day trader?

ICICI Direct Vs TradeSmart Investment Options

	ICICI Direct	TradeSmart
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

ICICI Direct Vs TradeSmart Order Type Offered

	ICICI Direct	TradeSmart
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire ICICI Direct	Enquire TradeSmart

ICICI Direct Vs TradeSmart Research Report

	ICICI Direct	TradeSmart
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICI Direct Vs TradeSmart Suitable For Investor Type

	ICICI Direct	TradeSmart
Casual Investor
Active Investor
Trader

ICICI Direct Vs TradeSmart - Pros and Cons

	ICICI Direct	TradeSmart
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.	EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of Rs 1000. Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility. TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV. Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them. No minimum amount is needed to open or maintain a trading account with TSO. Customer service is available through live chat on its website. This is very convenient for many customers. TradeSmart is in the stock broking industry since 1994. TSO's online knowledgebase has a lot of information which is helpful for most customers.
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.	Call and Trade is charged at extra Rs 20 per executed order. Physical contract notes Rs 20 per contract note + courier charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20. 24/7 customer service is not available. Facility to invest in IPO's is not available. Doesn't provide daily market report, free tips, news alerts and technical analysis. 3-in-1 accounts are not available as company doesn't provide banking services.
Reviews		Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
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.	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

Compare More Brokers...

ICICI Direct	TradeSmart
ICICI Direct Vs Zerodha ICICI Direct Vs HDFC Securities ICICI Direct Vs Sharekhan ICICI Direct Vs AxisDirect ICICI Direct Vs Angel Broking ICICI Direct Vs Kotak Securities ICICI Direct Vs Motilal Oswal ICICI Direct Vs Karvy ICICI Direct Vs Stoxkart ICICI Direct Vs Groww ICICI Direct Vs Dhani Stocks ICICI Direct Vs IIFL Securities ICICI Direct Vs SBI Securities ICICI Direct Vs Geojit ICICI Direct Vs Religare ICICI Direct Vs Edelweiss ICICI Direct Vs SMC Global ICICI Direct Vs Nirmal Bang ICICI Direct Vs 5paisa ICICI Direct Vs Ventura ICICI Direct Vs Upstox ICICI Direct Vs Anand Rathi ICICI Direct Vs Master Trust ICICI Direct Vs Indiabulls ICICI Direct Vs Aditya Birla Money ICICI Direct Vs Bonanza ICICI Direct Vs SAMCO ICICI Direct Vs TradingBells ICICI Direct Vs IDBI Capital ICICI Direct Vs SAS Online ICICI Direct Vs iTradeOnline ICICI Direct Vs RK Global ICICI Direct Vs Tradeplus ICICI Direct Vs Tradejini ICICI Direct Vs Alice Blue ICICI Direct Vs Wisdom Capital ICICI Direct Vs Fyers ICICI Direct Vs Finvasia ICICI Direct Vs Prostocks ICICI Direct Vs RMoney ICICI Direct Vs Beeline ICICI Direct Vs Just Trade ICICI Direct Vs Achiievers ICICI Direct Vs Trustline ICICI Direct Vs Choice Broking ICICI Direct Vs GCL Securities ICICI Direct Vs Yes Securities ICICI Direct Vs Indira Securities ICICI Direct Vs Paytm Money	TradeSmart Vs Zerodha TradeSmart Vs HDFC Securities TradeSmart Vs Sharekhan TradeSmart Vs AxisDirect TradeSmart Vs Angel Broking TradeSmart Vs Kotak Securities TradeSmart Vs Motilal Oswal TradeSmart Vs Karvy TradeSmart Vs Stoxkart TradeSmart Vs Groww TradeSmart Vs Dhani Stocks TradeSmart Vs IIFL Securities TradeSmart Vs SBI Securities TradeSmart Vs Geojit TradeSmart Vs Religare TradeSmart Vs Edelweiss TradeSmart Vs SMC Global TradeSmart Vs Nirmal Bang TradeSmart Vs 5paisa TradeSmart Vs Ventura TradeSmart Vs Upstox TradeSmart Vs Anand Rathi TradeSmart Vs Master Trust TradeSmart Vs Indiabulls TradeSmart Vs Aditya Birla Money TradeSmart Vs Bonanza TradeSmart Vs SAMCO TradeSmart Vs TradingBells TradeSmart Vs IDBI Capital TradeSmart Vs SAS Online TradeSmart Vs iTradeOnline TradeSmart Vs RK Global TradeSmart Vs Tradeplus TradeSmart Vs Tradejini TradeSmart Vs Alice Blue TradeSmart Vs Wisdom Capital TradeSmart Vs Fyers TradeSmart Vs Finvasia TradeSmart Vs Prostocks TradeSmart Vs RMoney TradeSmart Vs Beeline TradeSmart Vs Just Trade TradeSmart Vs Achiievers TradeSmart Vs Trustline TradeSmart Vs Choice Broking TradeSmart Vs GCL Securities TradeSmart Vs Yes Securities TradeSmart Vs Indira Securities TradeSmart Vs Paytm Money

Compare More Brokers: