Finvasia vs ICICIDirect

Finvasia vs ICICIDirect - side-by-side comparison . Compare Finvasia vs ICICIDirect brokerage, charges, exposure margin, demat account. Read Finvasia vs ICICIDirect review.

Detailed comparison Finvasia vs ICICIDirect and find out which is better in Finvasia vs ICICIDirect .

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Finvasia

ICICIDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Trading Account Opening Fee ₹0 ₹975
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹0 ₹600
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Equity Delivery ₹0 0.75% to 0.25%
Equity Intraday ₹0 0.75% to 0.25%
Equity Future ₹0 0.05% to 0.03%
Equity Options ₹0 ₹95 to ₹65 per lot
Currency Futures ₹0 0.05% to 0.03%
Currency Options ₹0 0.25 to ₹65 per lot
Monthly Fee NA NA
Commodity ₹0 NA

Contact Broker

Request Call Back

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Contact / Request Call Back

Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Equity Delivery NSE ₹325 | BSE ₹325 NSE ₹310 | BSE ₹280
Equity Intraday NSE ₹325 | BSE ₹325 NSE ₹310 | BSE ₹280
Equity Future * NSE ₹190 | BSE ₹190 ₹180
Equity Options * NSE ₹5000 | BSE ₹2500 ₹5000
Currency Futures * ₹115 ₹120
Currency Options NSE ₹4000 ₹5000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Minimum Brokerage NIL ₹35 per trade
Call & Trade Free Rs 25 per call (20 calls free in a month)
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹9 + ₹5.5 (CDSL) per scrip 0.04% (Min ₹25 and Max ₹25,000)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Trading Platform SCALPERT, NEST, NOW, Fox Trader, Presto, Blitz Trade Racer Web, Desktop, ICICI Direct Mobile App
Placing orders through charts Yes No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No Yes
Unique features & Offers - Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program - No

Demat Account Charges

Find charges for the best Demat Account for small investors

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Depository Service Provider CDSL & NSDL CDSL and NSDL
Account Opening Fee

₹0 (+ stamp charge of ₹199)

₹0

Advance Deposit

₹0

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

AMC

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

Dematerialisation Charges

₹15 + ₹99 Courier charges

₹50 Per Demat Request Form and ₹3 For Each Certificates

Rematerialisation Charges

₹15 + ₹99 Courier charges

₹25 + CDSL charges at actual

Transaction Charges (Credit) - -
Transaction Charges (debit)

₹9 (including CDSL Fee)

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 ₹500 )

Pledge Creation Charges -

0.02% or minimum of ₹50

Pledge Creation Confirmation Charges

₹25 + NSDL Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Pledge Invocation Charges

₹25 + NSDL Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Failed Instruction Charges

₹49 per transaction

₹30

Other Charges

Periodic Statements - Email: Free | Physical: ₹99 Courier Charges

Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges

Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves

Check Bounce - ₹299

Failed Transaction - ₹49 per transcaction

Modification in Client Information - ₹19 per request

Demat Closure Account - Nil

Delay Payment Charges - 2% per month on T+2 days

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

Basic Details

Basic Details of Brokers

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Year of Incorporation 2016 1995
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE
Demat Services CDSL & NSDL NSDL & CDSL
Website https://info.finvasia.com/ http://www.icicidirect.com
Contact Details +91 172 667 0000 020-28307700
Total Number of Clients 3,300 8,78,884
Total Number of Branches No 200+

Charts and Data

Charts and Data

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Live data source BSE, NSE NSE, BSE
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 40+ 82
No.of charts can be opened - 6
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts Yes No
Compare Symbol performance on Chart - No
Options charts - Yes
Continuous futures charts - Yes
Intraday historical data for charts Yes 20 days
End of Day historical data for charts Yes 10 years
Corporate action adjusted charts - No
Back Testing - No
Options Chain - Yes
Heat Maps Yes Yes
Analytics - Yes
Price Ladder Yes No

Leverage

Leverage

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - NA
Currency Options - NA
Commodity Futures - NA
Commodity Options - NA

Orders

Orders

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) Yes No
After Market Orders (AMO) Yes No

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
Zero Brokerage I-Saver Plan
Availability for franchisee / AP No Yes
Investment required for Franchisee / AP - Rs.25,000 to Rs.2,00,000

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Finvasia Securities Pvt Ltd. ICICI Securities Pvt Ltd.
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