What is ICICI Direct brokerage?

ICICI Direct offers 4 brokerage plans to customers. The brokerage charges vary by these plans.

1. ICICI Direct I-Secure Plan is the default plan of ICICI Securities customers. It charges 0.55% brokerage on turnover for equity delivery trades and 275% for intraday. This is a postpaid plan which is most commonly proffered by its customer.
2. ICICI Direct I-Saver Plan offers brokerage based on the trading volume, i.e. high brokerage for low volume and low brokerage for high volume traders. This plan suitable for traders/investors who trade in high volumes and can benefit from the low brokerage. The brokerage charged is in the range of 0.25% to 0.75% for delivery and 0.125% to 0.375% for intraday.
3. ICICI Direct Prepaid Plan offers a reduced brokerage rate when you buy a prepaid plan. There are 6 prepaid plans available ranging from Rs 10,000 to Rs 300,000 plan. Each plan is valid for 15 years. The brokerage in Rs 10,000 is 0.25% in cash, 0.025% in intra-day and future and Rs 35 per lot for options. The brokerage reduces as you move to a higher prepaid plan.
4. ICICI Direct Prime Plan offers an eATM facility with reduced brokerage charges for a fixed yearly fee of Rs 900, Rs 4500 or Rs 9500. The brokerage in Rs 900 Prime Plan is 0.25% in cash, 0.025% in intra-day and future and Rs 35 per lot for options. This plan gives Rs 10 lakhs eATM daily limit.

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