FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
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 Tradin...
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 Fund, I...
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 | |
---|---|---|
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 | |
---|---|---|
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 99 per month (unlimited trading) and intraday is Rs 99 per month (unlimited trading).
Account Type | ICICIdirect ICICI Neo Plan | Tradeplus Smart Flat Plan |
---|---|---|
Fixed Charges | NA | Rs 99 per month (unlimited trading) |
Equity Delivery | 0.55% | Rs 99 per month (unlimited trading) |
Equity Intraday | Rs 20 per order | Rs 99 per month (unlimited trading) |
Equity Futures | Rs 0 (Free) | Rs 99 per month (unlimited trading) |
Equity Options | Rs 20 per order | Rs 99 per month (unlimited trading) |
Currency Futures | Rs 20 per order | After 31 trades Lower of - Rs 9 per trade or 0.05% |
Currency Options | Rs 20 per order | After 31 trades Lower of - Rs 9 per trade or 0.05% |
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
|
Zerodha (Flat Rs 20 Per Trade) 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 | |
---|---|---|
Account Type | I-Secure Plan | Flat Pro Plan |
Fixed Charges | NA | Rs 499 per month (unlimited trading) |
Equity Delivery | 0.55% | Rs 0 |
Equity Intraday | 0.275% | Rs 0 |
Equity Futures | 0.05% | Rs 0 |
Equity Options | Rs 95 per lot | Rs 0 |
Currency Futures | Rs 20 per order | Rs 0 |
Currency Options | Rs 20 per order | Rs 0 |
Commodity Futures | Rs 20 per order | Rs 0 |
Commodity Options | Rs 20 per order | Rs 0 |
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 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Tradeplus exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium).
ICICIdirect | Tradeplus | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | BSE Rs 345 per Cr (0.00345%) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 335 per Cr (0.00335%) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) |
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 | |
---|---|---|
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 | |
---|---|---|
3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
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 2.3 of 5 based on 479 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.
ICICIdirect Enquire | Tradeplus Enquire | |
---|---|---|
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 | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS |
ICICIdirect | Tradeplus | |
---|---|---|
Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open ICICIdirect Account | Open Tradeplus Account |
ICICIdirect | Tradeplus | |
---|---|---|
Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
ICICIdirect | Tradeplus | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader |
ICICIdirect | Tradeplus | |
---|---|---|
Pros |
|
|
Cons |
|
|
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
|
Open ICICIdirect Account | Open Tradeplus Account |
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|