What is the ICICI Direct Neo brokerage plan review?

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ICICI Direct Neo Brokerage plan is offered as an add-on to the existing brokerage plan i.e. Prime or iSecure plans. This plan is a discount brokerage plan which reduces brokerage for Intraday and F&O traders. The plan charges flat Rs 20 per executed order for Intraday and F&O.

Neo plan offers brokerage-free trading in the equity futures segment. It charges 0.55% brokerage for equity delivery which can be reduced further based on the prepaid prime plan you choose as base brokerage plan.

This plan is complicated, expensive for delivery trading and not available to all the existing customers. It is available to all new customers.


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