The side-by-side comparison of ICICI Securities Pvt Ltd. and Trade Smart Online stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Trade Smart Online'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 Trade Smart Online.
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...
Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX, NCDEX
Account Type
3-in-1 Account (I-Secure Plan)
Power Plan (₹15/Order)
Broker Enquiry
Stock Broker Fees / Charges
ICICI Securities Pvt Ltd.
Trade Smart Online
Trading Account Opening Fees
₹975
₹200
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹200
Demat Account AMC
₹450
₹300
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
ICICI Securities Pvt Ltd.
Trade Smart Online
Account Type
3-in-1 Account (I-Secure Plan)
Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage
0.55%
₹15
Equity Intraday Brokerage
0.275%
₹15
Equity Futures Brokerage
0.05% to 0.03%
₹15
Equity Options Brokerage
₹95 to ₹35 per lot
₹15
Currency Futures Trading Brokerage
0.050% to 0.030%
₹15
Currency Options Trading Brokerage
₹25 to ₹10 per lot
₹15
Commodity Futures Trading Brokerage
NA
₹15
Commodity Options Trading Brokerage
NA
₹15
Brokerage Plan 2
ICICI Securities Pvt Ltd.
Trade Smart Online
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
₹95 to ₹65 per lot
₹7 Per Lot
Currency Futures Trading Brokerage
0.05% to 0.03%
0.007%
Currency Options Trading Brokerage
₹95 to ₹65 per lot
₹7 Per Lot
Commodity Futures Trading Brokerage
NA
0.007%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹35 per trade
₹15
Other Brokerage Charges
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges
₹25 per call after first 20 free calls per month
₹20 per executed order
Taxes
ICICI Securities Pvt Ltd.
Trade Smart Online
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.
Trade Smart Online
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
0.0035%
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
0.0035%
Equity Futures
0.0018%
0.0024%
Equity Options
0.05% on Premium
0.0715%
Currency Futures
0.0012%
0.00165%
Currency Options
0.05% on Premium
0.06%
Commodity
NA
0.0039%
Exposure
ICICI Securities Pvt Ltd.
Trade Smart Online
Equity Delivery
5x with Interest
1x (no margin)
Equity Intraday
Upto 25x
30x trading margin
Equity Futures
4x
7x trading margin
Equity Options
2x for shorting
7x trading margin
Currency Futures
NA
3x trading margin
Currency Options
NA
3x trading margin
Commodity
NA
6x trading margin
Share Broker Features
ICICI Securities Pvt Ltd.
Trade Smart Online
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
Broker Ratings (Average User Rating)
ICICI Securities Pvt Ltd.
Trade Smart Online
400 Customer Reviews
58 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 400 customer reviews
Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews
EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
Unlike most of the discount brokers; Trade Smart Online 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 investing 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. Customer receives 10% credit of the brokerage generated by the clients referred by them.
No minimum amount is needed to open or maintain trading account with TSO.
Customer service is available through live chat on its website. This is very convenient for many customers.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot information which is helpful for most customers.
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.
Zerodha
Zero Account Opening Fee