ICICIDirect vs Finvasia

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

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

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ICICIDirect

Finvasia

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

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

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

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

Contact Broker

Request Call Back

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

Transaction Charges (Per Crore)

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

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

Other Charges

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

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

Features

Key features offered by the brokers.

ICICI Securities Pvt Ltd. Finvasia Securities Pvt Ltd.
I-Saver Plan Zero Brokerage
Trading Platform Trade Racer Web, Desktop, ICICI Direct Mobile App SCALPERT, NEST, NOW, Fox Trader, Presto, Blitz
Placing orders through charts No Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes No
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

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

₹0

₹0 (+ stamp charge of ₹199)

Advance Deposit

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

₹0

AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

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

Dematerialisation Charges

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

₹15 + ₹99 Courier charges

Rematerialisation Charges

₹25 + CDSL charges at actual

₹15 + ₹99 Courier charges

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

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 )

₹9 (including CDSL Fee)

Pledge Creation Charges

0.02% or minimum of ₹50

-
Pledge Creation Confirmation Charges

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

₹25 + NSDL Charges

Pledge Invocation Charges

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

₹25 + NSDL Charges

Failed Instruction Charges

₹30

₹49 per transaction

Other Charges

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.

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

Basic Details

Basic Details of Brokers

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

Charts and Data

Charts and Data

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

Leverage

Leverage

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

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

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

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ICICI Securities Pvt Ltd. Finvasia Securities Pvt Ltd.
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