ICICI Direct Vs TradingBells (Compare ICICI Direct and TradingBells)


ICICI Direct
ICICI Direct 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. ICICI Direct's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI ... Know more about ICICI Securities Pvt Ltd.


TradingBells
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 customers who would like to trade online independently. TradingBells was launched in July 2016 and later in Dec 2016 became part of Swastika Investmart Ltd, a tradition stock broker and financial service provider since 1992. TradingBells charges Rs 0 bro... Know more about TradingBells (Swastika Investmart Ltd)

Expand

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
Exchnage Membership BSE, NSE NSE, BSE, MCX and NCDEX
Year of Incorporation 2000
Number of Branches 154
Open an Online Trading Account with ICICI Direct.Open an Online Trading Account with TradingBells.
Open ICICI Direct AccountEnquire TradingBells
Expand

ICICI Direct Vs TradingBells Charges & AMC

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

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

ICICI Direct Vs TradingBells Brokerage Charges & Plans

ICICI Direct Vs TradingBells Brokerage

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

  ICICI Direct TradingBells
Account Type ICICI Neo Plan Standard Plan
Fixed Charges NA Nil
Equity Delivery 0.55% Rs 0 (Free)
Equity Intraday Rs 20 per order Rs 20 per trade
Equity Futures Rs 0 (Free) Rs 20 per trade
Equity Options Rs 20 per order Rs 20 per trade
Currency Futures Rs 20 per order Rs 20 per trade
Currency Options Rs 20 per order Rs 20 per trade
Commodity Futures Rs 20 per order Rs 20 per trade
Commodity Options Rs 20 per order
Special Offer
Special Offer: ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

ICICI Direct Vs TradingBells Brokerage Plan 2

  ICICI Direct TradingBells
Account Type I-Secure Plan Standard Plan
Fixed Charges NA Nil
Equity Delivery 0.55% Rs 0 (Free)
Equity Intraday 0.275% Rs 20 per trade
Equity Futures 0.05% Rs 20 per trade
Equity Options Rs 95 per lot Rs 20 per trade
Currency Futures Rs 20 per order Rs 20 per trade
Currency Options Rs 20 per order Rs 20 per trade
Commodity Futures Rs 20 per order Rs 20 per trade
Commodity Options Rs 20 per order
Open ICICI Direct AccountEnquire TradingBells

ICICI Direct Charges Vs TradingBells

Minimum Brokerage Rs 35 per trade (I-Secure Plan) Rs 0
Other Charges Margin Trading Interest: 0.025% Per day Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower.
Call & Trade Charges Rs 50 per trade Additional Rs 20 per executed order
Expand

ICICI Direct Vs TradingBells Transaction Charges

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

  ICICI Direct TradingBells
Equity Delivery NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures Rs 180 per Cr (0.0018%) NSE Rs 210 per crore | BSE Rs 70 per crore (each side)
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 6000 per crore | BSE Rs 3000 per crore (each side) (on premium)
Currency Futures Rs 120 per Cr (0.0012%) NSE Rs 135 per crore (0.00135%)
Currency Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 4400 (on premium) per crore (0.044%)
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri Rs 310 (0.0036%) | Agri (NCDEX) Rs 400 per Cr
Open ICICI Direct AccountEnquire TradingBells
Expand

ICICI Direct Vs TradingBells Leverage (Margin)

ICICI Direct margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the TradingBells margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  ICICI Direct TradingBells
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Open ICICI Direct AccountEnquire TradingBells
Expand

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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding 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 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
Open ICICI Direct AccountEnquire TradingBells
Expand

ICICI Direct Vs TradingBells Review

ICICI Direct is rated 2.4 of 5 based on 449 customer reviews whereas TradingBells is rated 4.0 of 5 based on 6 customer reviews.

  ICICI Direct TradingBells
  449 Customer Reviews    Rate ICICI Direct 6 Customer Reviews    Rate TradingBells
Fees 2.2 4.2
Brokerage 1.7 4.7
Trading Platform 3.3 3.5
Customer Service 2.7 3.8
Research Capabilities 2.9 2.0
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 449 customer reviews TradingBells is rated 4.0 of 5 based on 6 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Direct Enquire TradingBells Enquire
Contact Broker ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer
Expand

ICICI Direct Vs TradingBells Investment Options

  ICICI Direct TradingBells
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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
Expand

ICICI Direct Vs TradingBells Order Type Offered

  ICICI Direct TradingBells
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
Open ICICI Direct AccountEnquire TradingBells
Expand

ICICI Direct Vs TradingBells Research Report

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

ICICI Direct Vs TradingBells Suitable For Investor Type

  ICICI Direct TradingBells
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

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 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.
  • Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews
Promo / Offers

ICICIDirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs 20 per trade brokerage (Intraday and F&O) in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 30 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 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.

Open ICICI Direct AccountEnquire TradingBells

Compare More Brokers...

ICICI Direct TradingBells
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App