The side-by-side comparison of ICICI Direct and Tradeplus. Compare ICICI Direct Vs Tradeplus brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Tradeplus?
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...
Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual...
Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
ICICI Direct | Tradeplus | |
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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) | Infinite Trading Plans |
Year of Incorporation | 2000 | |
Number of Branches | 154 | |
Broker Enquiry |
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Enquire ICICI Direct | Enquire Tradeplus |
ICICI Direct trading account opening charges is Rs 0 while Tradeplus account opening changes is Rs 199. ICICI Direct Demat Account AMC Charges is Rs 700 (from 2nd year) and Tradeplus Demat Account AMC Charges is Rs 500 (5 years).
ICICI Direct | Tradeplus | |
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Trading Account Opening Charges | Rs 0 | Rs 199 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 700 (from 2nd year) | Rs 500 (5 years) |
ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is 0.01%.
ICICI Direct | Tradeplus | |
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Account Type | 3-in-1 Account (I-Secure Plan) | Infinite Trading Plans |
Fixed Charges | As per segment | |
Equity Delivery Brokerage | 0.55% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.275% | 0.01% |
Equity Futures Brokerage | 0.05% to 0.03% | Rs 799 per month (unlimited trading) |
Equity Options Brokerage | Rs 95 to Rs 35 per lot | Rs 99 per month (unlimited trading) |
Currency Futures Trading Brokerage | 0.050% to 0.030% | Rs 99 per month (unlimited trading) |
Currency Options Trading Brokerage | Rs 25 to Rs 10 per lot | Rs 99 per month (unlimited trading) |
Commodity Futures Trading Brokerage | NA | Rs 99 per month (unlimited trading) |
Commodity Options Trading Brokerage | NA | |
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: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer |
ICICI Direct | Tradeplus | |
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Account Type | I-Saver Plan | General Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.75% to 0.25% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.75% to 0.25% | 0.01% |
Equity Futures Brokerage | 0.05% to 0.03% | 0.01% |
Equity Options Brokerage | Rs 95 to Rs 65 per lot | Rs 60 per lot |
Currency Futures Trading Brokerage | 0.05% to 0.03% | Rs 20 per lot |
Currency Options Trading Brokerage | 0.25 to Rs 65 per lot | Rs 60 per lot |
Commodity Futures Trading Brokerage | NA | 0.01% |
Commodity Options Trading Brokerage | NA | |
Enquire ICICI Direct | Enquire Tradeplus |
ICICI Direct | Tradeplus | |
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Account Type | ICICIdirect Prime Plan | Infinite Trading Plans |
Fixed Charges | Rs 900 | As per segment |
Equity Delivery Brokerage | 0.25% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.25% | 0.01% |
Equity Futures Brokerage | 0.025% | Rs 799 per month (unlimited trading) |
Equity Options Brokerage | Rs 35 | Rs 99 per month (unlimited trading) |
Currency Futures Trading Brokerage | Rs 0 | Rs 99 per month (unlimited trading) |
Currency Options Trading Brokerage | Rs 0 | Rs 99 per month (unlimited trading) |
Commodity Futures Trading Brokerage | NA | Rs 99 per month (unlimited trading) |
Commodity Options Trading Brokerage | NA | |
Enquire ICICI Direct | Enquire Tradeplus |
Minimum Brokerage Charges | Rs 35 per trade | |
Other Brokerage Charges | SMS Charges: Rs 100 per segment. Software Charges Equity: Rs 499 per month, MCX: Rs 249 per month | |
Call & Trade Charges | Rs 25 per call after first 20 free calls per month | Flat Rs 75 per day |
ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Tradeplus exchange transaction charges for options is Rs 7500 per crore (0.075%)(on premium).
ICICI Direct | Tradeplus | |
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Equity Delivery | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | Rs 330 per crore (0.0033%) (each side) |
Equity Intraday | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | Rs 330 per crore (0.0033%) (sale side) |
Equity Futures | Rs 180 per Cr (0.0018%) | Rs 350 per crore (0.0035%) |
Equity Options | Rs 5000 per Cr (0.05%) (on premium) | Rs 7500 per crore (0.075%)(on premium) |
Currency Futures | Rs 120 per Cr (0.0012%) | Rs 165 per crore (0.00165%) |
Currency Options | Rs 5000 per Cr (0.05%) (on premium) | Rs 6000 (on premium) per crore (0.06%) |
Commodity | NA | Rs 400 (0.004%) |
Enquire ICICI Direct | Enquire Tradeplus |
ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.
ICICI Direct | Tradeplus | |
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Equity Delivery | 5x with Interest | Upto 4X |
Equity Intraday | Upto 25x | Upto 33X |
Equity Futures | 4x | Intraday leverage 2X | Cover Order Margin 3% |
Equity Options | 2x for shorting | Intraday Leverage of 2X |
Currency Futures | NA | Intraday Leverage of 2X |
Currency Options | NA | 1X |
Commodity Futures | NA | Intraday Leverage of 2X |
Commodity Options | ||
Enquire ICICI Direct | Enquire Tradeplus |
The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Tradeplus offers INFINI, NSE NOW trading software.
ICICI Direct | Tradeplus | |
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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 | INFINI, NSE NOW |
Intraday Square-off Time | 3:30 PM | |
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
Referral Program | ||
Enquire ICICI Direct | Enquire Tradeplus |
ICICI Direct is rated 2.4 of 5 based on 436 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 32 customer reviews.
ICICI Direct | Tradeplus | |
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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 Tradeplus |
ICICI Direct | Tradeplus | |
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Reviews | ||
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. |
Free Equity Delivery Trade + Flat Rs 9 intranet and F&O tradeGet free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you. |
Enquire ICICI Direct | Enquire Tradeplus |
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