ICICI Direct Vs Tradeplus (Compare ICICI Direct and Tradeplus)

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... Know more about ICICI Securities Pvt Ltd.


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 ₹90 per year. Tradeplus also offer Online Mutual F... Know more about Tradeplus (Navia Markets Ltd)

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ICICI Direct Vs Tradeplus

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
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 Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
Enquire ICICI DirectEnquire Tradeplus
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ICICI Direct Vs Tradeplus Charges & AMC

ICICI Direct trading account opening charges is ₹0 while Tradeplus account opening changes is ₹199. ICICI Direct Demat Account AMC Charges is ₹700 (from 2nd year) and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  ICICI Direct Tradeplus
Trading Account Opening Charges ₹0 ₹199
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹700 (from 2nd year) ₹500 (5 years)
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ICICI Direct Vs Tradeplus Brokerage Charges & Plans

ICICI Direct Vs Tradeplus Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

  ICICI Direct Tradeplus
Account Type 3-in-1 Account (I-Secure Plan) Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage 0.55% ₹0 (Free)
Equity Intraday Brokerage 0.275% 0.01%
Equity Futures Brokerage 0.05% to 0.03% ₹799 per month (unlimited trading)
Equity Options Brokerage ₹95 to ₹35 per lot ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage 0.050% to 0.030% ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage NA ₹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 ₹9 intranet and F&O trade brokerage. Get the offer

ICICI Direct Vs Tradeplus Brokerage Plan 2

  ICICI Direct Tradeplus
Account Type I-Saver Plan General Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.75% to 0.25% ₹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 ₹95 to ₹65 per lot ₹60 per lot
Currency Futures Trading Brokerage 0.05% to 0.03% ₹20 per lot
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹60 per lot
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA
Enquire ICICI DirectEnquire Tradeplus

ICICI Direct Vs Tradeplus Brokerage Plan 3

  ICICI Direct Tradeplus
Account Type ICICIdirect Prime Plan Infinite Trading Plans
Fixed Charges ₹900 As per segment
Equity Delivery Brokerage 0.25% ₹0 (Free)
Equity Intraday Brokerage 0.25% 0.01%
Equity Futures Brokerage 0.025% ₹799 per month (unlimited trading)
Equity Options Brokerage ₹35 ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹0 ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹0 ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage NA ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage NA
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ICICI Direct Charges Vs Tradeplus

Minimum Brokerage Charges ₹35 per trade
Other Brokerage Charges SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges ₹25 per call after first 20 free calls per month Flat ₹75 per day
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ICICI Direct Vs Tradeplus Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

  ICICI Direct Tradeplus
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) ₹330 per crore (0.0033%) (each side)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) ₹330 per crore (0.0033%) (sale side)
Equity Futures ₹180 per Cr (0.0018%) ₹350 per crore (0.0035%)
Equity Options ₹5000 per Cr (0.05%) (on premium) ₹7500 per crore (0.075%)(on premium)
Currency Futures ₹120 per Cr (0.0012%) ₹165 per crore (0.00165%)
Currency Options ₹5000 per Cr (0.05%) (on premium) ₹6000 (on premium) per crore (0.06%)
Commodity NA ₹400 (0.004%)
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ICICI Direct Vs Tradeplus Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  ICICI Direct Tradeplus
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 DirectEnquire Tradeplus
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Compare ICICI Direct and Tradeplus Features

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
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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 DirectEnquire Tradeplus
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ICICI Direct Vs Tradeplus Review

ICICI Direct is rated 2.4 of 5 based on 426 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

  ICICI Direct Tradeplus
  426 Customer Reviews    Rate ICICI Direct 31 Customer Reviews    Rate Tradeplus
Fees 2.3 3.5
Trading Brokerage 1.7 4.1
Trading Platform Usability 3.4 2.9
Customer Service 2.7 2.7
Research Capabilities 3.1 2.2
Overall Ratings Rated 2.4 stars Rated 3.1 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 426 customer reviews Tradeplus is rated 3.1 of 5 based on 31 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire Tradeplus 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.

Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

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ICICI Direct Vs Tradeplus Investment Options

  ICICI Direct Tradeplus
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
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ICICI Direct Vs Tradeplus Order Type Offered

  ICICI Direct Tradeplus
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
Enquire ICICI DirectEnquire Tradeplus
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ICICI Direct Vs Tradeplus Research Report

  ICICI Direct Tradeplus
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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ICICI Direct Vs Tradeplus Suitable For Investor Type

  ICICI Direct Tradeplus
Casual Investor Yes
Active Investor Yes
Trader Yes
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ICICI Direct Vs Tradeplus - Pros and Cons

  ICICI Direct Tradeplus
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.
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or ₹90 per month.
  4. Analysis tools available for intraday trading.
Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.
  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
Reviews
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.

Free Equity Delivery Trade + Flat ₹9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat ₹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 DirectEnquire Tradeplus

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