ICICIDirect Vs TradingBells (Compare ICICIDirect and TradingBells)
The side-by-side comparison of ICICIDirect and TradingBells. Compare ICICIDirect Vs TradingBells brokerage, charges, exposure margin, demat account. Read TradingBells and ICICIDirect review.
Find out ICICIDirect Vs TradingBells which is better and ICICIDirect Vs TradingBells which is best.
Our ICICI Securities Pvt Ltd. comparison with TradingBells (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between ICICIDirect and TradingBells.
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
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE
NSE, BSE, MCX and NCDEX
Account Type
3-in-1 Account (I-Secure Plan)
Standard Plan
Broker Enquiry
Year of Incorporation
2000
Number of Branches
154
ICICIDirect Vs TradingBells Charges
ICICIDirect
TradingBells
Trading Account Opening Fees
₹975
₹300 Equity | ₹200 Commodity
Trading Account AMC
₹0
Nil
Demat Account Opening Fees
₹0
₹150
Demat Account AMC
₹450
₹300
Demat Account is Mandatory?
No
No
ICICIDirect Vs TradingBells Brokerage
Brokerage Plan 1
ICICIDirect
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
Brokerage Plan 2
ICICIDirect
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
₹95 to ₹65 per lot
₹20 per trade
Commodity Futures Trading Brokerage
NA
₹20 per trade
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹35 per trade
Rs 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
ICICIDirect Vs TradingBells Taxes
ICICIDirect
TradingBells
Securities Transaction Tax (STT)
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
ICICIDirect Vs TradingBells Transaction Charges
ICICIDirect
TradingBells
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Futures
0.0018%
NSE ₹210 per crore | BSE ₹70 per crore (each side)
Equity Options
0.05% on Premium
NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium)
Currency Futures
0.0012%
NSE ₹135 per crore (0.00135%)
Currency Options
0.05% on Premium
NSE ₹4400 (on premium) per crore (0.044%)
Commodity
NA
Non-Agri ₹310 (0.0036%) | Agri (NCDEX) ₹400 per Cr
ICICIDirect Vs TradingBells Exposure Margin
ICICIDirect
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
ICICIDirect and TradingBells Feature Comparison
ICICIDirect
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
ICICIDirect Vs TradingBells Review
ICICIDirect
TradingBells
403 Customer Reviews
4 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 403 customer reviews
TradingBells is Rated 4.0 / 5 based on 4 customer reviews
Zerodha
Zero Account Opening Fee