ICICI Direct Vs TradingBells (Compare ICICI Direct and TradingBells)

ICICI Direct Vs TradingBells

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in , TradingBells is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

	ICICI Direct	TradingBells
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE	NSE, BSE, MCX and NCDEX
Account Type	3-in-1 Account (I-Secure Plan)	Standard Plan
Year of Incorporation	2000
Number of Branches	154
Broker Enquiry
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ICICI Direct Vs TradingBells Charges & AMC

ICICI Direct trading account opening charges is ₹0 while TradingBells account opening changes is ₹300 Equity | ₹200 Commodity. ICICI Direct Demat Account AMC Charges is ₹700 (from 2nd year) and TradingBells Demat Account AMC Charges is ₹300.

	ICICI Direct	TradingBells
Trading Account Opening Charges	₹0	₹300 Equity | ₹200 Commodity
Trading Account AMC Charges	₹0	Nil
Demat Account Opening Charges	₹0	₹150
Demat Account AMC Charges	₹700 (from 2nd year)	₹300

ICICI Direct Vs TradingBells Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas TradingBells brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per trade.

	ICICI Direct	TradingBells
Account Type	3-in-1 Account (I-Secure Plan)	Standard Plan
Fixed Charges
Equity Delivery Brokerage	0.55%	₹0 (Free)
Equity Intraday Brokerage	0.275%	₹20 per trade
Equity Futures Brokerage	0.05% to 0.03%	₹20 per trade
Equity Options Brokerage	₹95 to ₹35 per lot	₹20 per trade
Currency Futures Trading Brokerage	0.050% to 0.030%	₹20 per trade
Currency Options Trading Brokerage	₹25 to ₹10 per lot	₹20 per trade
Commodity Futures Trading Brokerage	NA	₹20 per trade
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: Free equity delivery trading (truly no brokerage) and Flat ₹20 Intraday and F&O trade brokerage. Get the offer

ICICI Direct Vs TradingBells Brokerage Plan 2

	ICICI Direct	TradingBells
Account Type	I-Saver Plan	Standard Plan
Fixed Charges		Nil
Equity Delivery Brokerage	0.75% to 0.25%	₹0 (Free)
Equity Intraday Brokerage	0.75% to 0.25%	₹20 per trade
Equity Futures Brokerage	0.05% to 0.03%	₹20 per trade
Equity Options Brokerage	₹95 to ₹65 per lot	₹20 per trade
Currency Futures Trading Brokerage	0.05% to 0.03%	₹20 per trade
Currency Options Trading Brokerage	0.25 to ₹65 per lot	₹20 per trade
Commodity Futures Trading Brokerage	NA	₹20 per trade
Commodity Options Trading Brokerage	NA
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ICICI Direct Vs TradingBells Brokerage Plan 3

	ICICI Direct	TradingBells
Account Type	ICICIdirect Prime Plan	Standard Plan
Fixed Charges	₹900	Nil
Equity Delivery Brokerage	0.25%	₹0 (Free)
Equity Intraday Brokerage	0.25%	₹20 per trade
Equity Futures Brokerage	0.025%	₹20 per trade
Equity Options Brokerage	₹35	₹20 per trade
Currency Futures Trading Brokerage	₹0	₹20 per trade
Currency Options Trading Brokerage	₹0	₹20 per trade
Commodity Futures Trading Brokerage	NA	₹20 per trade
Commodity Options Trading Brokerage	NA
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ICICI Direct Charges Vs TradingBells

Minimum Brokerage Charges	₹35 per trade	₹0
Other Brokerage Charges		Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower.
Call & Trade Charges	₹25 per call after first 20 free calls per month	Additional ₹20 per executed order

ICICI Direct Vs TradingBells Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while TradingBells exchange transaction charges for options is NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium).

	ICICI Direct	TradingBells
Equity Delivery	NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Intraday	NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Futures	₹180 per Cr (0.0018%)	NSE ₹210 per crore | BSE ₹70 per crore (each side)
Equity Options	₹5000 per Cr (0.05%) (on premium)	NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium)
Currency Futures	₹120 per Cr (0.0012%)	NSE ₹135 per crore (0.00135%)
Currency Options	₹5000 per Cr (0.05%) (on premium)	NSE ₹4400 (on premium) per crore (0.044%)
Commodity	NA	Non-Agri ₹310 (0.0036%) | Agri (NCDEX) ₹400 per Cr
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ICICI Direct Vs TradingBells Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the TradingBells margin for intraday cash is 10x for most scripts.

	ICICI Direct	TradingBells
Equity Delivery	5x with Interest	1x
Equity Intraday	Upto 25x	10x for most scripts
Equity Futures	4x	Intraday: 3x | Carry: 1x
Equity Options	2x for shorting	1x
Currency Futures	NA	Intraday: 3x | Carry: 1x
Currency Options	NA	Intraday: 3x | Carry: 1x
Commodity Futures	NA	Intraday: 3x | Carry: 1x
Commodity Options
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Compare ICICI Direct and TradingBells Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. TradingBells offers ODIN, NSE NOW, JUSTRADE trading software.

	ICICI Direct	TradingBells
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	ODIN, NSE NOW, JUSTRADE
Intraday Square-off Time	3:30 PM	Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
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ICICI Direct Vs TradingBells Review

ICICI Direct is rated 2.4 of 5 based on 430 customer reviews whereas TradingBells is rated 4.0 of 5 based on 6 customer reviews.

	ICICI Direct	TradingBells
	430 Customer Reviews	6 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 430 customer reviews	TradingBells is rated 4.0 of 5 based on 6 customer reviews

ICICI Direct Vs TradingBells Investment Options

	ICICI Direct	TradingBells
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICI Direct Vs TradingBells Order Type Offered

	ICICI Direct	TradingBells
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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ICICI Direct Vs TradingBells Research Report

	ICICI Direct	TradingBells
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICI Direct Vs TradingBells Suitable For Investor Type

	ICICI Direct	TradingBells
Casual Investor
Active Investor
Trader

ICICI Direct Vs TradingBells - Pros and Cons

	ICICI Direct	TradingBells
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.	Discount stock broker. Offer margin funding and higher exposure. No brokerage charges for equity delivery trades. 3 different trading platforms: ODIN, NSE Now, JUSTRADE Online IPO and Mutual Funds available. Free trading software Branches in 80+ cities.
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.	Call & trade is changed Rs 20 extra. Doesn't offer 3-in-1 account Charge annual maintenance change on demat account.
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 Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with TradingBells, simply leave your contact information with us and TradingBells representatives will call you.
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