ICICI Direct Brokerage Charges

ICICI Direct Brokerage Charges

ICICI Direct is one on the top online stock broker in India and online stock broking arm of ICICI bank , empowering 2.5 million Indians to seamlessly access the capital market through its award winning portal, ICICIdirect.com. The ICICI Direct platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futures, Mutual Funds but also other services Fixed Deposits, Loans, Tax Services, New Pension Systems and Insurance are available through their 3 in 1 account. ICICI Direct recognises the need for financial literacy & education and has been using many platforms to increase awareness in empowering its customers to take informed investment decisions.ICICI Direct are the first brokers in india to introduce a training institute where they train on different financial subjects.

ICICI Direct Brokerage Charges

ICICI Direct Website snapshot

About ICICIdirect Centre for Financial Learning

ICICI direct Centre for Financial Learning (ICFL) is an educational initiative of ICICI Securities Ltd which is controlled by ICICI. ICFL is committed to enhance financial literacy amongst all existing and prospective stake holders in the society by empowering them to make better & more informed decisions. ICICI direct Centre for Financial Learning is also committed to lead the path to create next generation leaders who could catalyze the growth of financial markets in India by expanding the pool of qualified & certified professionals for the industry.

ICICI direct Centre for Financial Learning training programmes are categorized under : 1. Investment Education 2. Professional Certification and Development.

Over the period, ICICI direct Centre for Financial Learning has trained more than 1.5 lakh students and investors across India through one or more programmes. The repository of domain knowledge includes host of in-house developed seminars, workshops, certifications and training programmes leading to reputed certifications. ICICI direct Centre for Financial Learning has offices and training facilities across India aided by technological capability/ alliances to deliver trainings through classroom, eLearning, virtual classroom and satellite classrooms.

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ICICI Direct’s Trading Platforms

ICICI Direct offers 2 trading platforms to its customers:

  1. Share Trading Account (Website Based Trading)

Website based online Share Trading Account by ICICI Direct is primarily for buying and selling of stocks at BSE and NSE and the bank account is provided ICICI Bank.The ICICI Direct website allows Cash Trading, Margin Trading, MarginPLUS Trading, Spot Trading, Buy Today Sell Tomorrow, IPO Investment, Mutual Fund Investment etc.ICICIDirect.com website is the primary Investment vehicle of ICICI Limited.

  1. Trade Racer (Trading Terminal)

Trade Racer is a power packed Trading platform which provides an investor with Live streaming quotes & Research Calls, integrated fund transfer system along with multiple watch list facility. Investor can also do technical analysis with the help advance charting tools. Single Order entry page for Equities and Derivatives, Technical Analysis, Integrated Fund Transfer System, Customized Interface, Intra-day and EOD Charts and Shortcut keys for faster access to markets are some of the key features of Trade Racer Terminal.

Trade Racer Subscription Fee (Cost of using ICICI Trading Terminal)

Trade Racer, the installable trading terminal from ICICI Direct is free for customers who give a brokerage of more than Rs 750 in a month. For others (if the Trade Racer facility is activated by the customer); ICICI charges Rs 75 per month towards subscription for Trade Racer.

ICICI Direct Brokerage Charges 2015

  • Trading Account Opening Charges (One Time): Rs. 975
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Opening Charges (One Time): Rs. 100 (for Agreement Stamp Paper)
  • Demat Account Annual Maintenance Charges (AMC): Rs. 500 (Rs 0/- for 1st year with 3 in 1 Account)

ICICI offers 2 types of brokerage plans to its customer:

  1. I-Secure Plan (Flat brokerage Plan)

This plan offers Flat Brokerage (in %) irrespective of turnover value. This plan is suitable for traders / investors looking at secured and fixed brokerage.

  1. I-Saver Plan (Variable brokerage plan)

This plan offers brokerage based on the trading volume i.e. high brokerage for low volume and low brokerage for high volume trades. This plan suitable for traders / investors who trade in high volumes and can benefit from low brokerage.

ICICI Direct Review Cash Brokerage

I – Saver Plan I – Secure Plan
Total Eligible Turnover (Per calendar Quarter) Brokerage (%) Effective Brokerage on Intraday Squareoff Total Eligible Turnover (Per calendar Quarter) Brokerage (%) Effective Brokerage on Intraday Squareoff
Above Rs. 5 Crores 0.25 0.125% Irrespective of turnover 0.55 0.275%
Rs.2 Crores to 5 Crores 0.30 0.150%      
Rs.1 Crores to 2 Crores 0.35 0.175%      
Rs.50 Lakhs to 1 Crores 0.45 0.225%      
Rs.25 Lakhs to 50 Lakhs 0.55 0.275%      
Rs.10 Lakhs to 25 Lakhs 0.70 0.350%      
Less than Rs.10 Lakhs 0.75 0.375%      

ICICI Direct Review Future & Future Plus Brokerage

I – Saver Plan / I – Secure Plan
For Equity/Currency Futures Equity Future and Future Plus Currency Futures
Total Eligible Turnover per month Brokerage (%) Brokerage on Second leg of Intraday square off (per lot) Brokerage on Second leg of Intraday square off (per lot)
Above Rs. 20 Crores 0.030 Rs.15/- Rs.10/-
Rs.10 Crores to 20 Crores 0.035 Rs.15/- Rs.10/-
Rs.5 Crores to 10 Crores 0.040 Rs.15/- Rs.10/-
Less than Rs.5 Crores 0.050 Rs.15/- Rs.10/-

ICICI Margin & Margin Plus Trading Brokerage

I – Saver Plan / I – Secure Plan
Total Eligible Turnover per month Brokerage (%)
Above Rs. 20 Crores 0.030
Rs.10 Crores to 20 Crores 0.035
Rs.5 Crores to 10 Crores 0.040
Less than Rs.5 Crores 0.050

ICICI Direct Review Options Brokerage

I – Saver Plan / I – Secure Plan
Brokerage in Options Total Eligible Lots per month Flat brokerage per contract lot (Rs.) Brokerage on Second leg of Intraday square off (per lot)
Above 600 65/- Rs.15/-
301-600 70/- Rs.15/-
151-300 75/- Rs.15/-
61-150 85/- Rs.15/-
0-60 95/- Rs.15/-

ICICI Securities Limited, Mumbai

ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai – 400 020. India.

Tel No: 2288 2460/70