ICICIDirect Vs TradingBells Share Broker Comparison
The side-by-side comparison of ICICI Securities Pvt Ltd. and TradingBells (Swastika Investmart Ltd) stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and TradingBells's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and TradingBells.
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
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| About the Broker |
ICICIdirect 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...  |
TradingBells is an Indore, MP based online discount broker offering stock, commodity and currency trading services. TradingBells is built on the principles of providing transparent, faster and lower cost brokerage service to India Stock Market custom... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE |
NSE, BSE, MCX and NCDEX |
| Account Type
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3-in-1 Account (I-Secure Plan) |
Standard Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Trading Account Opening Fees
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₹975 |
₹300 Equity | ₹200 Commodity |
| Trading Account AMC
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₹0 |
Nil |
| Demat Account Opening Fees
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₹0 |
₹150 |
| Demat Account AMC
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₹600 |
₹300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Standard Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.55% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.275% |
₹20 per trade |
| Equity Futures Brokerage
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0.05% to 0.03% |
₹20 per trade |
| Equity Options Brokerage
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₹95 to ₹35 per lot |
₹20 per trade |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
₹20 per trade |
| Currency Options Trading Brokerage
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₹25 to ₹10 per lot |
₹20 per trade |
| Commodity Futures Trading Brokerage
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NA |
₹20 per trade |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Account Type |
I-Saver Plan |
Standard Plan |
| Fixed Charges
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Nil |
| Equity Delivery Brokerage
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0.75% to 0.25% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.75% to 0.25% |
₹20 per trade |
| Equity Futures Brokerage
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0.05% to 0.03% |
₹20 per trade |
| Equity Options Brokerage
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₹95 to ₹65 per lot |
₹20 per trade |
| Currency Futures Trading Brokerage
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0.05% to 0.03% |
₹20 per trade |
| Currency Options Trading Brokerage
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₹95 to ₹65 per lot |
₹20 per trade |
| Commodity Futures Trading Brokerage
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NA |
₹20 per trade |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹35 per trade |
Rs 0 |
| Other Brokerage Charges
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Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower. |
| Call & Trade Charges
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₹25 per call after first 20 free calls per month |
Additional ₹20 per executed order |
Taxes
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Equity Delivery
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 per crore | BSE ₹275 per crore (each side |
| Equity Intraday
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 per crore | BSE ₹275 per crore (each side |
| Equity Futures
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0.0018% |
NSE ₹210 per crore | BSE ₹70 per crore (each side) |
| Equity Options
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0.05% on Premium |
NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium) |
| Currency Futures
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0.0012% |
NSE ₹135 per crore (0.00135%) |
| Currency Options
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0.05% on Premium |
NSE ₹4400 (on premium) per crore (0.044%) |
| Commodity
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NA |
Non-Agri ₹310 (0.0036%) | Agri (NCDEX) ₹400 per Cr |
Exposure
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Equity Delivery
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1x |
| Equity Intraday
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10x for most scripts |
| Equity Futures
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Intraday: 3x | Carry: 1x |
| Equity Options
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1x |
| Currency Futures
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Intraday: 3x | Carry: 1x |
| Currency Options
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Intraday: 3x | Carry: 1x |
| Commodity
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Intraday: 3x | Carry: 1x |
Share Broker Features
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| 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
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ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App |
ODIN, NSE NOW, JUSTRADE |
| Intraday Square-off Time
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3:30 PM |
Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes |
| Other Features
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Broker Ratings (Average User Rating)
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
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395 Customer Reviews  |
4 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 395 customer reviews |
TradingBells is Rated 4.0 / 5 based on 4 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (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
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Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS |
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Customer Service Offered
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| 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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Research / Tips / Reports Published
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| 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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Suitable for Investor Category
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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ICICI Securities Pvt Ltd. |
TradingBells (Swastika Investmart Ltd) |
| Pros
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- 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.
More Advantages... |
- 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.
More Advantages... |
| Cons
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- ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
- Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
- Poor performance of website is reported in peak hours of trading.
- Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
- Demat Account is mandatory.
- Commodity trading is not available for retail investors.
- Call & trade cost extra Rs 25 per call after first 20 free calls in a month.
More Disadvantages... |
- Call & trade is changed Rs 20 extra.
- Doesn’t offer 3-in-1 account
- Charge annual maintenance change on demat account.
More Disadvantages... |
| Reviews
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| Promo / Offers
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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. |
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Enquire about ICICIDirect
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Zerodha
Zero Account Opening Fee