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ICICIdirect Vs Yes Securities (Compare ICICIdirect and Yes Securities)

ICICI Securities Pvt Ltd. Logo

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

Yes Securities Limited Logo

About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO. YSL offers a 3-in-1 account wherein a bank savings account, a demat account and an investment account is opened at once and linked to each other. This h... Know more about Yes Securities Limited

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ICICIdirect Vs Yes Securities

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

  ICICIdirect Yes Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2000 2013
Number of Branches 154 52
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ICICIdirect Vs Yes Securities Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Yes Securities account opening changes is Rs 999. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Yes Securities Demat Account AMC Charges is Rs 500.

  ICICIdirect Yes Securities
Trading Account Opening Charges Rs 0 (Free) Rs 999
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 (from 2nd year) Rs 500

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ICICIdirect Vs Yes Securities Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

Account Type ICICIdirect ICICI Neo Plan Yes Securities INVEST Value Plan
Fixed Charges NA
Equity Delivery 0.55% 0.45%
Equity Intraday Rs 20 per order 0.05%(both Sides)
Equity Futures Rs 0 (Free) 0.05% | Intraday - 0.02%
Equity Options Rs 20 per order Rs 75 per lot | Intraday - Rs 25 per lot
Currency Futures Rs 20 per order 0.05% | Intraday - 0.02%
Currency Options Rs 20 per order Rs 75 per lot | Intraday - Rs 25 per lot
Commodity Futures Rs 20 per order NA
Commodity Options Rs 20 per order NA
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

ICICIdirect Vs Yes Securities Brokerage Plan 2

  ICICIdirect Yes Securities
Account Type I-Secure Plan INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges NA
Equity Delivery 0.55% 0.40%
Equity Intraday 0.275% 0.04%
Equity Futures 0.05% 0.04% | Intraday - 0.02%
Equity Options Rs 95 per lot Rs 70 per lot | Intraday - Rs 25 per lot
Currency Futures Rs 20 per order 0.04% | Intraday - 0.02%
Currency Options Rs 20 per order Rs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures Rs 20 per order NA
Commodity Options Rs 20 per order NA
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ICICIdirect Charges Vs Yes Securities

Minimum Brokerage Rs 35 per trade (I-Secure Plan) Rs 25 or 2.5% of Trade Value whichever is lower
Other Charges Margin Trading Interest: 0.025% Per day
Call & Trade Charges Rs 50 per trade Additional Rs 25 per executed order

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ICICIdirect Vs Yes Securities Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Yes Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  ICICIdirect Yes Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) 0.0030%
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ICICIdirect Vs Yes Securities Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Yes Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  ICICIdirect Yes Securities
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare ICICIdirect and Yes Securities Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.

  ICICIdirect Yes Securities
3 in 1 Account Yes Yes
Charting Yes No
Automated Trading No No
SMS Alerts No No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App YesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off Time 3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
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ICICIdirect Vs Yes Securities Review

ICICIdirect is rated 2.3 of 5 based on 480 customer reviews whereas Yes Securities is rated 2.5 of 5 based on 4 customer reviews.

  ICICIdirect Yes Securities
  480 Customer Reviews    Rate ICICIdirect 4 Customer Reviews    Rate Yes Securities
Fees 2.2 3.3
Brokerage 1.7 2.0
Trading Platform 3.3 3.0
Customer Service 2.6 2.8
Research Capabilities 2.9 3.0
Overall Ratings Rated 2.3 stars Rated 2.5 stars
Broker Rating ICICIdirect is rated 2.3 of 5 based on 480 customer reviews Yes Securities is rated 2.5 of 5 based on 4 customer reviews

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Contact Broker / Request A Call Back

  ICICIdirect Enquire Yes Securities Enquire
Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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ICICIdirect Vs Yes Securities Investment Options

  ICICIdirect Yes Securities
Stock / Equity Yes Yes
Commodity Yes No
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

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ICICIdirect Vs Yes Securities Order Type Offered

  ICICIdirect Yes Securities
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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ICICIdirect Vs Yes Securities Research Report

  ICICIdirect Yes Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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ICICIdirect Vs Yes Securities Suitable For Investor Type

  ICICIdirect Yes Securities
Casual Investor Yes Yes
Active Investor
Trader

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ICICIdirect Vs Yes Securities - Pros and Cons

  ICICIdirect Yes Securities
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. Part of the prestigious Yes Bank.
  2. Full-service broker offering dedicated RM to all customers.
  3. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account.
  4. Neighborhood support is available through 50+ branches.
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.
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of Rs 25.
  4. Call & Trade is available for an additional Rs 25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
Reviews
Promo / Offers

ICICIdirect Special Offer

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 in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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