ICICI Direct Brokerage Charges, Review and Rating
icici direct
- Research Report & Tips
- Offline Branches in most of Cities in India
- 3-in-1 A/C with ICICI Bank
min ₹ 25 to 2.5%
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Some Important Key Points about this Broker:
| Broker Name | icici direct |
|---|---|
| Official Website Link | icici |
| Incorporated | Membership Details | Year 2000 | NSE MEMBERSHIP Capital Market (CM) - INB230773037 Future & Options (F&O) - INF230773037 Currency Derivatives (CDS) - INE230773037 BSE MEMBERESHIP: Capital Market (CM) - INB011286854 Future & Options (F&O) - INF010773035 |
| Registered Head Office Address | ICICI Centre, H.T.Parekh Marg, Churchgate, Mumbai - 400 020 |
| Customer Care Number and Email | 022- 2288 2460 ,022- 2288 2470 |
| Supported Exchanges | NSE/BSE, CSDL/NSDL |
| CEO & Founders | Ms. Chanda Kochhar(CEO) |
| Instant online A/C Opening ? | No ! Unlike Few Advanced Discount Brokers ,Here Aadhaar based Instant Online A/C opening is NOT Available . |
| Account Opening Charge | ₹ 975 |
| Annual Maintenance Charge | ₹ 700 |
| Equity Delivery Brokerage | min ₹ 35 to 2.5% |
| Equity Options Brokerage | ₹ 50-95/lot |
| Equity & Future Intraday Brokerage | min ₹ 25 to 2.5% |
| Important Brokerage Plans | I-secure , I-saver and other Prepaid Plans |
| Leverage | Exposure Details | Equity : Maximum upto 20 times for Ultimate plan and 10 times in Freedom Plan |
| Commodity Brokerage | NOT AVAILABLE |
| Free Equity Investment |  |
| Allow Mutual Fund Investment ? |
 |
| DP Transaction Charge | EQUITY delivery & intraday : 0.00325% per Turnover , Equity Future : 0.00190% , Equity Option : 0.05% , Currency Future : 0.001% , Currency Option : 0.04% |
| Digital Contract Notes by Email |
|
| Available on Platforms | Android App- ICICI DIRECT MOBILE & Trader Race Web and Windows Software |
| Research Reports | Intraday Tips |
|
| Other Services Offered by Broker | ETF, Bonds, IPOs, NCD |
| Stock Market Education Tutotials | Basic stock market tutorial , E-courses for fundamental learning and technical learning |
| Currency Future Brokerage | 0.05% to 0.03% |
| Currency Option Brokerage | ₹ 10 -25 / lot |
| Daily Online Trades Reports | Yes |
| Branch Offices | 250+ Branches across India |
| Call & Trade Charge | first 20 call free in a month ,more than 20 calls will attract 25 per call . |
| 3-in-1 Account | Yes Available. |
| Average Number of Active Clients | 7,33,090 by Nov 2017 |
| Latest Info. on Complaints % at NSE | 0.01% of total active client updated Nov 2017 for FY 2017-18 |
| Stock Market | |
| NRI Investing and trading |
|
| IPO Facility |
|
| Overall Score | 60/100 |
Pros
- IPO allowed
- Big Brand Name
- Large No. Network of Branches
Cons
- High Brokerage
- Hidden Charges
- Worst Customer Support
Never use this broker as my profitable trade go into the big loss just because of brokerage..
Poor service
Very very poor service
Very high brokerage
Don’t use icici Senate account
They are cheaters
Very high brockerag and high demate account charges…..not use this ….
Never ever use icici
All your profit will turn into loss, just becoz ofl brokarehe
Poor Customer Support…..Customers Investments are RAM BHAROSE😀😀
Most of time profit become loss due to Very high brokerage charges
Very high brokerage charge & poor customer service always busy customer care
Account open
I have been a customer of ICICI Direct since inception – Apr 2000. I was willing to pay premium for better service but of late, over the last year or so, I have found their services lacking. Their intent is to squeeze you for maximum charges. Their method is sneaky. Their buy and sell recommendations are aligned to their interests of increasing brokerage rather than your profit. They make it very difficult for you to get info or contact them. No response or a poorly worded reply is all you can expect from their customer service or Relationship Manager. I am exiting after 20 years.