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ICICI Direct Review – 2024, Stock Trading, Demat, Brokerage Charges & More

In this article, we are discussing everything you need to know about the ICICI Direct Review 2024, Check brokerage charges, margin, trading platform, Demat and trading account opening charges, branches, customer care contact, pros, cons, and more about ICICI Direct.

ICICI Direct Review, Stock Trading, Demat, Brokerage Charges & More


Founded in the year 2000, ICICI Direct is the platform to an astounding 3 million in total clients. ICICI Direct is the best online trading and funding platform of ICICI securities and as per the review it is one of the largest stock broking companies in India with offices over the PAN India. They provide a wide variety of investment options to the retail and institutional clients that are using their huge network of ICICI bank, ICICI netbanking and other ICICI direct branches. ICICI securities (I-sec) are the biggest brokerage house in India with more than 25 lakh customers.

ICICI Direct review states that it is providing outstanding advisory services to research, energetic trading, customer support, ease of use and much more. With the assistance of ICICI Direct, customers can easily get the services to invest money in equity, currency, derivatives and mutual funds with services like fixed deposits, loans, tax services, news pension structures and coverage etc. After you open account here, you get ICICI Direct demat Account login p/w and required things to process further.

You can do cash trading, gain margin product, margin plus product and call & trade services and can easily place market and limit order with the help of ICICI direct trading account.

ICICI Direct Demat Trading Account Opening Charges and Annual Maintenance Cost

  • Trading Account Opening Fees – Rs 975
  • Trading AMC – NIL
  • Demat Account Opening Fees –Rs. 100
  • Demat AMC – Rs. 500 ( 1 year onwards)
  • Own DP Service – Yes
  • ICICI Demat Transaction charges- Rs 25/-

ICICI direct Brokerage Plans

ICICI Direct brokerage is quite high. Though the broker offer high brokerage still offer advisory services and multiple financial investment options too. However, it is directly linked with bank so the client base is relatively larger than some other full time brokers. Additionally. according to the nationwide survey on ICICI Direct, the clients do not find its brokerage services moderate enough to deal with advanced market.

  1. 3 in 1 Account (I-Secure Plan)
  2. I – Saver Plan

 ICICI direct Brokerage Charges

Account Type3-in-1 Account (I-Secure Plan)I-Saver Plan
Equity Delivery Brokerage0.55%0.75% to 0.25%
Equity Intraday Brokerage0.275%0.75% to 0.25%
Equity Futures Brokerage0.03% to 0.05% 0.05% to 0.03%
Equity Options BrokerageRs 35 per lot to Rs 95 Rs 95 to Rs 65 per lot
Currency Futures Trading Brokerage0.030% to 0.050% 0.05% to 0.03%
Currency Options Trading BrokerageRs 10 per lot to Rs 250.05% to 0.03%
Commodity Trading BrokerageNANA

 ICICI direct Transaction/ Turnover Charges

Equity DeliveryRs. 325 per Cr
Equity IntradayRs. 325 per Cr
Equity FuturesRs. 190 per Cr
Equity OptionsRs. 5000 per Cr
Currency FuturesRs. 325 per Cr
Currency OptionsRs. 100 per Cr
CommodityRs. 4000 per Cr

 ICICI direct Trading Platfrom

The desktop trading terminal of ICICI Direct is popular as it allows you to create and modify investment charts easily. The order placement takes place efficiently. We are also giving the names of mobile and web trading platforms of the ICICI direct in this review.

  1. Desktop Trading Platform – Trade Racer
  2. Trade Racer: Web Trading Platform
  3. Mobile Trading Platform – ICICIDirect Lite

 ICICI direct Review mentions some Pros here:

  1. 3 in 1 Account
  2. Mobile Trading
  3. SMS Alert
  4. Online Demo
  5. Online Portfolio

Get the best and effective online trading services to make the best benefits and revenue with the help of ICICI Direct. ICICI Direct is the superlative trading platform for all customers in all over the India. It is offering 3 in 1 account which makes stocks market investment for all the casual investors.With the assistance of it, customers can easily get several trading options under one portal and also can do investment online in IPOs, Mutual Funds, GOI Bonds and Postal Savings Schemes all from one website. General Insurance is also available from ICICI.

ICICI direct Review highlights its Cons below

  • Commodity trading is not possible.
  • High brokerage rate.
  • Not suitable for small scale traders.

We hope you find some relevant information in this ICICI Direct review. The glimpse of all necessary requirements is mentioned. You can form a vision regarding trading with same broker or comparing it with others’ plans too. It’s up to you. Reach your trade goals and utilize the best schemes and product underlying in the stock brokerage industry.

3.7/5 - (6 votes)

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