FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc.
ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin...
About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
ICICIdirect | SBI Securities | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE | BSE, NSE |
Year of Incorporation | 2000 | 2001 |
Number of Branches | 154 | 117 |
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ICICIdirect trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 850. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year).
ICICIdirect | SBI Securities | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 850 |
Trading Account AMC Charges | Rs 0 (Free) | |
Demat Account Opening Charges | Rs 0 (Free) | |
Demat Account AMC Charges | Rs 300 (from 2nd year) | Rs 750 (Free for 1st Year) |
ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | ICICIdirect ICICI Neo Plan | SBI Securities |
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Fixed Charges | NA | |
Equity Delivery | 0.55% | 0.50% |
Equity Intraday | Rs 20 per order | 0.05% |
Equity Futures | Rs 0 (Free) | 0.05% |
Equity Options | Rs 20 per order | Rs 100 per lot (sell and buy side) |
Currency Futures | Rs 20 per order | 0.03% |
Currency Options | Rs 20 per order | Rs 30 per lot |
Commodity Futures | Rs 20 per order | 0.05% |
Commodity Options | Rs 20 per order | Rs 100 (sell and buy side) |
Special Offer | Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
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ICICIdirect | SBI Securities | |
---|---|---|
Account Type | I-Secure Plan | |
Fixed Charges | NA | |
Equity Delivery | 0.55% | 0.50% |
Equity Intraday | 0.275% | 0.05% |
Equity Futures | 0.05% | 0.05% |
Equity Options | Rs 95 per lot | Rs 100 per lot (sell and buy side) |
Currency Futures | Rs 20 per order | 0.03% |
Currency Options | Rs 20 per order | Rs 30 per lot |
Commodity Futures | Rs 20 per order | 0.05% |
Commodity Options | Rs 20 per order | Rs 100 (sell and buy side) |
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Minimum Brokerage | Rs 35 per trade (I-Secure Plan) | Rs 0.05 for Cash, Rs 0.01 Future |
Other Charges | Margin Trading Interest: 0.025% Per day | |
Call & Trade Charges | Rs 50 per trade | Rs 10 per call (after 30 free calls a month) |
ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
ICICIdirect | SBI Securities | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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%) | BSE 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 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | Group A - Rs 260 per Cr (0.0026%) | |
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ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
ICICIdirect | SBI Securities | |
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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) |
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The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.
ICICIdirect | SBI Securities | |
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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 | SBI Smart Express, SBI Smart Web, SBI Smart Mobile |
Intraday Square-off Time | 3:30 PM | 2:45 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
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ICICIdirect is rated 2.3 of 5 based on 480 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 161 customer reviews.
ICICIdirect Enquire | SBI Securities Enquire | |
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Contact Broker | ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now | 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. |
ICICIdirect | SBI Securities | |
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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 |
ICICIdirect | SBI Securities | |
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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 | SBI Securities | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
ICICIdirect | SBI Securities | |
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Casual Investor | ||
Active Investor | ||
Trader |
ICICIdirect | SBI Securities | |
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Reviews | ||
Promo / Offers | ICICIdirect Special OfferICICIdirect Neo Plan (Discount Brokerage)Open a 3-in-1 account with Neo Plan for:
Interested in opening a trading account? Open Instant Account Now |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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