About Broker
ICICI Securities Limited is a distinguished entity within the renowned ICICI Group. ICICI Direct, a key division of ICICI Securities, offers a broad spectrum of investment solutions, including equities, mutual funds, bonds, and more. As of March 2024, ICICI Direct caters to an active client base of 1,845,202.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
Account Opening
Account Maintenance
Call Trade
Brokerage
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Margins
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Platforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Pros
Advantages and Strengths of this broker.
- ⮚Invest in mutual funds, IPOs, postal savings schemes, and GOI bonds via a single platform.
- ⮚Trade smoothly on a lightweight website optimized for mobile and slow connections.
- ⮚Get free technical analysis and expert stock insights.
- ⮚Easily place multiple orders using the Basket Order feature.
- ⮚Enhance options trading with the Sensibull platform.
Cons
Disadvantages of this broker that it needs to improve upon.
- ⮚ICICI Direct has relatively high brokerage fees across different plans.
- ⮚Access to favorable brokerage rates requires a premium plan.
- ⮚Customers trading in penny stocks incur higher brokerage charges.
- ⮚Call & trade services come with a high fee after the first 20 free calls per month.
- ⮚No option is available for free mutual fund investments.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.