ICICIdirect Vs Tradingo Demat Account Comparison

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

Tradingos, an Indore MP based discount broker offers Stock, Currency and Commodity trading at BSE, NSE, MCX and NCDEX. Tradingo is part of Swastika Investmart Ltd, a traditional stock broker offering wide range of non-banking financial services.

Tradingo offers Demat account services through its parent company Swastika Investmart which is a member of CDSL and NSDL.

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

48, Jaora Compound, M Y H Road, Indore, MP 452001

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

• Equity & Equity Derivatives Trading at NSE, BSE
• Currency Derivatives Trading at NSE
• Commodity Trading at MCX and NCDEX
• DP Services (CDSL and NSDL)
• IPO and Mutual Funds
• Margin Funding and IPO Funding

Stamp Duty at actuals

Nil

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

Rs 250 + GST - Individual, Rs 750 - Non Individual

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

₹50 Per Demat Request Form and ₹10 For Each Certificates

Rs 2 (Min. Rs 10) (Postage charges extra)

₹25 + CDSL charges at actual

Rs 12 for every 100 securities (Min. Rs 50/-) (CDSL or NSDL charges extra)

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

• On market: Rs 15 per scrip
• Off market: 0.03% of₹25 whichever is higher

0.02% or minimum of ₹35

Rs 25 per security

0.02% or minimum of ₹35

Rs 25 per security

0.02% or minimum of ₹35

Rs 25 per security

Rs 20 per instruction

₹200 for restoring services if account is suspended for non payment of charges.

• Account Defreezing: Rs 100
• Cheque Bounce Charges: Rs 500 per bounced cheque
• Rejection of Dematerialization Request Form: Rs 25
• Client Details Modification: Rs 25
• KRA Upload/Download: Rs 50 per request