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About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc.
ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tr...
About 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, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
ICICIdirect | Tradeplus | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
Year of Incorporation | 2000 | 1995 |
Number of Branches | 154 | |
Open ICICIdirect Account | Open Tradeplus Account |
ICICIdirect trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Tradeplus Demat Account AMC Charges is Rs 0.
ICICIdirect | Tradeplus | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
Demat Account AMC Charges | Rs 300 (from 2nd year) | Rs 0 |
ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.
Account Type | ICICIdirect ICICI Neo Plan | Tradeplus Flat Zero brokerage Scheme |
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Fixed Charges | NA | As per segment |
Equity Delivery | 0.55% | Rs 0 (Free) |
Equity Intraday | Rs 20 per order | NA |
Equity Futures | Rs 0 (Free) | Rs 799 per month (unlimited trading) |
Equity Options | Rs 20 per order | Rs 99 per month (unlimited trading) |
Currency Futures | Rs 20 per order | Rs 99 per month (unlimited trading) |
Currency Options | Rs 20 per order | Rs 99 per month (unlimited trading) |
Commodity Futures | Rs 20 per order | Rs 99 per month (unlimited trading) |
Commodity Options | Rs 20 per order | Rs 99 per month (unlimited trading) |
Special Offer | Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
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Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
ICICIdirect | Tradeplus | |
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Account Type | I-Secure Plan | Flexi Brokerage Plan |
Fixed Charges | NA | NA |
Equity Delivery | 0.55% | Rs 0 (Free) |
Equity Intraday | 0.275% | Lower of - Rs 9 per trade or 0.01% |
Equity Futures | 0.05% | Rs 9 per executed order |
Equity Options | Rs 95 per lot | Rs 9 per executed order |
Currency Futures | Rs 20 per order | Rs 9 per executed order |
Currency Options | Rs 20 per order | Rs 9 per executed order |
Commodity Futures | Rs 20 per order | Rs 9 per executed order |
Commodity Options | Rs 20 per order | Rs 9 per executed order |
Open ICICIdirect Account | Open Tradeplus Account |
Minimum Brokerage | Rs 35 per trade (I-Secure Plan) | |
Other Charges | Margin Trading Interest: 0.025% Per day | SMS Charges: Rs 100 per segment. |
Call & Trade Charges | Rs 50 per trade | Flat Rs 75 per day |
ICICIdirect transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).
ICICIdirect | Tradeplus | |
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Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 345 per crore (0.00345%) (each side) |
Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 345 per crore (0.00345%) (sale side) |
Equity Futures | NSE Rs 200 per Cr (0.002%) | Rs 360 per crore (0.0036%) |
Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | Rs 7800 per crore (0.078%)(on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | Rs 140 per crore (0.0014%) |
Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | Rs 6000 (on premium) per crore (0.06%) |
Commodity | Group A - Rs 260 per Cr (0.0026%) | Rs 500 (0.005%) |
Open ICICIdirect Account | Open Tradeplus Account |
ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
ICICIdirect | Tradeplus | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Open ICICIdirect Account | Open Tradeplus Account |
The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Tradeplus offers INFINI, NSE NOW trading software.
ICICIdirect | 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 | ![]() |
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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 | |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
Open ICICIdirect Account | Open Tradeplus Account |
ICICIdirect is rated 2.4 of 5 based on 465 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.
ICICIdirect Enquire | Tradeplus Enquire | |
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Contact Broker | ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
ICICIdirect | Tradeplus | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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Currency | ![]() |
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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 | Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS |
ICICIdirect | 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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Open ICICIdirect Account | Open Tradeplus Account |
ICICIdirect | Tradeplus | |
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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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ICICIdirect | Tradeplus | |
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Casual Investor | ![]() |
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Active Investor | ![]() |
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Trader | ![]() |
ICICIdirect | Tradeplus | |
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Reviews | ||
Promo / Offers | ICICIdirect Special OfferICICIdirect Neo Plan (Discount Brokerage)Open a 3-in-1 account with Neo Plan for:
Interested in opening a trading account? Open Instant Account Now |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Open ICICIdirect Account | Open Tradeplus Account |
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FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
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