ICICIdirect Vs 5paisa (Compare ICICIdirect and 5paisa)

ICICIdirect Vs 5paisa

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India.

	ICICIdirect	5paisa
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	NSE, BSE
Year of Incorporation	2000	1996
Number of Branches	154	1
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ICICIdirect Vs 5paisa Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while 5paisa account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and 5paisa Demat Account AMC Charges is Rs 300.

	ICICIdirect	5paisa
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (from 2nd year)	Rs 300

ICICIdirect Vs 5paisa Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas 5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type	ICICIdirect ICICI Neo Plan	5paisa Regular Account Plan
Fixed Charges	NA	NA
Equity Delivery	0.55%	Rs 20 per executed order
Equity Intraday	Rs 20 per order	Rs 20 per executed order
Equity Futures	Rs 0 (Free)	Rs 20 per executed order
Equity Options	Rs 20 per order	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 per executed order
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order	Rs 20 per executed order
Commodity Options	Rs 20 per order	Rs 20 per executed order
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

ICICIdirect Vs 5paisa Brokerage Plan 2

	ICICIdirect	5paisa
Account Type	I-Secure Plan	Power Investor Pack
Fixed Charges	NA	Rs 599 per month
Equity Delivery	0.55%	Rs 10 per executed order
Equity Intraday	0.275%	Rs 10 per executed order
Equity Futures	0.05%	Rs 10 per executed order
Equity Options	Rs 95 per lot	Rs 10 per executed order
Currency Futures	Rs 20 per order	Rs 10 per executed order
Currency Options	Rs 20 per order	Rs 10 per executed order
Commodity Futures	Rs 20 per order	Rs 10 per executed order
Commodity Options	Rs 20 per order	Rs 10 per executed order
		Open 5paisa Account

ICICIdirect Vs 5paisa Brokerage Plan 3

	ICICIdirect	5paisa
Account Type	ICICI Neo Plan	Ultra Trader Pack
Fixed Charges	NA	Rs 1199 per month
Equity Delivery	0.55%	Rs 10 per executed order
Equity Intraday	Rs 20 per order	Rs 10 per executed order
Equity Futures	Rs 0 (Free)	Rs 10 per executed order
Equity Options	Rs 20 per order	Rs 10 per executed order
Currency Futures	Rs 20 per order	Rs 10 per executed order
Currency Options	Rs 20 per order	Rs 10 per executed order
Commodity Futures	Rs 20 per order	Rs 10 per executed order
Commodity Options	Rs 20 per order	Rs 10 per executed order
		Open 5paisa Account

ICICIdirect Charges Vs 5paisa

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	Rs 20 per trade
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade	Rs 100 per call (any number of trades in a call)

ICICIdirect Vs 5paisa Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while 5paisa exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	ICICIdirect	5paisa
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 0	NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)	NSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Grp A: 0.0026%
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ICICIdirect Vs 5paisa Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the 5paisa margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	ICICIdirect	5paisa
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
		Open 5paisa Account

Compare ICICIdirect and 5paisa Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. 5paisa offers 5paisa Trade Station (Web, Mobile App and EXE) trading software.

	ICICIdirect	5paisa
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	5paisa Trade Station (Web, Mobile App and EXE)
Intraday Square-off Time	3:30 PM	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader
		Open 5paisa Account

ICICIdirect Vs 5paisa Review

ICICIdirect is rated 2.3 of 5 based on 482 customer reviews whereas 5paisa is rated 2.6 of 5 based on 96 customer reviews.

	ICICIdirect	5paisa
	482 Customer Reviews	96 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.3 of 5 based on 482 customer reviews	5paisa is rated 2.6 of 5 based on 96 customer reviews

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ICICIdirect Vs 5paisa Investment Options

	ICICIdirect	5paisa
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS	Mutual Funds, Insurance

ICICIdirect Vs 5paisa Order Type Offered

	ICICIdirect	5paisa
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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ICICIdirect Vs 5paisa Research Report

	ICICIdirect	5paisa
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs 5paisa Suitable For Investor Type

	ICICIdirect	5paisa
Casual Investor
Active Investor
Trader

ICICIdirect Vs 5paisa - Pros and Cons

	ICICIdirect	5paisa
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.
Cons	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call. Research and advisory is available at extra cost. Higher exchange turnover charges in comparison to other popular discount stock brokers. NRI Trading and Demat Account is not available.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	5paisa Special Offer 5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.
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