Compare Online Broker – Zerodha vs ICICI DIRECT
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- Zerodha: It leads the chart in discount brokers in India it has a client base of 10 lakh clients they charge flat Rs 20 per exe order and the are the few with their own in house software pi and chart base trading. With UCC activation of 641,682 Zerodha is largest Broking house in India.
- ICICI Direct: It is a Banking Equity Broker being a Banking Broker he enjoy Brand value, with highest account in equity market ICICIDirect leading in chart in UCC activation in 2018 ( Source : NSE ). In 2000 Icici Bank started its broking arm ICICI direct. High Brand value allow ICICIdirect to charge high brokerage. ICICIDirect offer Bunch of Product to their client – equity , derivatives , currency , MF , Insurance, FD/Bonds , Loans , Elocker , NPS if we consider products they offer then ICICDirect 2nd largest stock broker top of the chart.
Zerodha vs ICICIDirect Key Factor for Selecting
- Brokerage – Zerodha
- Branch Value – ICICIDirect
- Client Base – ICICIDirect / Zerodha
- Trading Terminal – Zerodha
- Branch Network – ICICIDirect
Compare Brokeage charges between ICICI DIRECT vs Zerodha
Compare right stock broker which suits your requirements its very tough task our comparison between Zerodha vs ICICIDIRECT securities help you to find which Broker best for you.
Best Broker Comparison ICICIDIRECT Securities vs Zerodha
| Perticular | Zerodha | ICICIDIRECT |
| Incororation Year | 2010 | 2000 |
| Exchange | NSE,BSE,MCX-SX & MCX | NSE & BSE |
| Active Clients Jan – 19 | 847016 | 844853 |
| Account Opening | ||
| Trading Account Opening Fee | ₹ 200 | ₹ 975 |
| Brokerage Account AMC | ₹ 0 | ₹ 0 |
| Demat Account Opening Fee | ₹ 100 | ₹ 0 |
| Demat Account AMC * | ₹ 300 | ₹ 600 |
| Brokerage | ||
| Monthly Fee | NA | NA |
| Equity Delivery | ₹0 (Zero) | 0.30 – 0.55% |
| Equity Intraday | ₹0.01% to maximum Rs 20 Per Order | 0.2-0.05% |
| Equity Future | ₹20 per order | 0.05% to 0.03% |
| Equity Options | ₹20 per order | ₹95 to ₹35 per lot |
| Currency Futures | ₹20 per order | 0.050% to 0.030% |
| Currency Options | ₹20 per order | ₹25 to ₹10 per lot |
| Commodity | ₹20 per order | NA |
| Turnover Charges | ||
| Equity Delivery | Rs 325 per crore | NSE ₹310 |
| Equity Intraday | Rs 325 per crore | NSE ₹310 |
| Equity Future * | Rs 210 per crore | NSE ₹200 |
| Equity Options * | Rs 5300 per crore | NSE ₹5000 |
| Currency Futures * | Rs 135 per crore | NSE ₹120 |
| Currency Options | Rs 4400 per crore | NSE ₹4000 |
| Commodity | NA | NA |
| Other Charges | ||
| Minimum Brokerage | ₹N/A | ₹35 per trade |
| Call & Trade | ₹20 per executed order | ₹25 per call (20 calls free in a month) |
| Stamp Duty * | Charges as per the state of residence | Charges as per the state of residence |
| DP Charges (on sell side) | ₹13.5 per scrip | 0.04% (Min ₹25 and Max ₹25,000) |
| Charting | ||
| Intraday | 365 Days | 20 Days |
| EOD | 10 yr | 10 yr |
| Coding | YES | NO |
|
Indicator |
YES | YES |
| Research & Tips | NO | YES |
| Margin | ||
| Equity Intraday | up to 20 times | up to 10 times |
| Equity Delivery | CASH AND CARRY | up to 5 times ( margin funding ) |
| Future | up to 7 times ( Intraday ) | up to 4 times ( Intraday ) |
| Option | Shorting 7 times ( Intraday ) | Shorting 2 times ( Intraday ) |
| Currency Future | 2 times intraday | NA |
| Currency Option | 2 times intraday – Short | NA |
| Commodities | 3 times intraday | NA |
Zero Delivery Brokerage Charges
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