ICICIDirect vs Karvy

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

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

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ICICIDirect

Karvy

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Trading Account Opening Fee ₹975 ₹650
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹600 ₹420
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Equity Delivery 0.75% to 0.25% 0.30%
Equity Intraday 0.75% to 0.25% 0.03%
Equity Future 0.05% to 0.03% 0.03%
Equity Options ₹95 to ₹65 per lot ₹30 per lot
Currency Futures 0.05% to 0.03% 0.03%
Currency Options 0.25 to ₹65 per lot ₹30 per lot
Monthly Fee NA NA
Commodity NA 0.03%

Contact Broker

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ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
Contact / Request Call Back

Transaction Charges (Per Crore)

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

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Equity Delivery NSE ₹310 | BSE ₹280 ₹325
Equity Intraday NSE ₹310 | BSE ₹280 ₹325
Equity Future * ₹180 ₹230
Equity Options * ₹5000 ₹5500
Currency Futures * ₹120 ₹325
Currency Options ₹5000 -

Other Charges

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

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Minimum Brokerage ₹35 per trade 0.01%
Call & Trade Rs 25 per call (20 calls free in a month) Yes
Stamp Duty * Charges as per the state of residence State wise
DP Charges (on sell side) 0.04% (Min ₹25 and Max ₹25,000) -
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Trading Platform Trade Racer Web, Desktop, ICICI Direct Mobile App OMNESYS NEST - Web, Trader, KarvyOnline mobile app
Placing orders through charts No No
Trading Alerts Yes No
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 Ask the expert, The Finapolis
Referral Program No NA

Demat Account Charges

Find charges for the best Demat Account for small investors

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Depository Service Provider CDSL and NSDL CDSL & NSDL
Account Opening Fee

₹0

Nil

Advance Deposit

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

Individuals Account (other than NRI): ₹500 per year

NRI Account: ₹1500 per year

Corporate Account: ₹5,000 per year

Foreign Corporate Body Account: ₹10,000 per year

Dematerialisation Charges

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

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

Rematerialisation Charges

₹25 + CDSL charges at actual

₹20 for every 100 securities or ₹20 per certificate whichever is higher

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 )

Sold through Karvy (for Karvy POA registered Account): ₹12 per instruction

For all other transactions ₹30 per instruction upto a value of ₹30,000 or part thereof, ₹10 for every additional value of ₹30,000 or part thereof, subject to Minimum of ₹30 and Maximum of ₹1000 per instruction;

For BSDA Accounts: ₹100 per instruction;

For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum ₹100 per instructio

Pledge Creation Charges

0.02% or minimum of ₹50

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

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

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Failed Instruction Charges

₹30

₹100 per instruction

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.

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

Basic Details

Basic Details of Brokers

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Year of Incorporation 1995 1990
Active Exchange Memberships NSE, BSE NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL
Website http://www.icicidirect.com www.karvyonline.com
Contact Details 020-28307700 18004258283
Total Number of Clients 8,78,884 2,60,000+
Total Number of Branches 200+ 460+ branch offices

Charts and Data

Charts and Data

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Live data source NSE, BSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 82 64+
No.of charts can be opened 6 4
Live Scanners Yes Yes
Customizable screeners No No
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 20 days Yes
End of Day historical data for charts 10 years Yes
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics Yes No
Price Ladder No No

Leverage

Leverage

ICICI Securities Pvt Ltd. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
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. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
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. Karvy Stock Broking Ltd
I-Saver Plan Retail Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.25,000 to Rs.2,00,000 Rs.25,000 to Rs.50,000

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