ICICIDirect vs RKSV Upstox

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

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

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ICICIDirect

RKSV Upstox

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Trading Account Opening Fee ₹975 ₹150
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹600 ₹150
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Equity Delivery 0.75% to 0.25% ₹0
Equity Intraday 0.75% to 0.25% ₹20
Equity Future 0.05% to 0.03% ₹20
Equity Options ₹95 to ₹65 per lot ₹20
Currency Futures 0.05% to 0.03% ₹20
Currency Options 0.25 to ₹65 per lot ₹20
Monthly Fee NA NA
Commodity NA ₹20

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ICICI Securities Pvt Ltd. RKSV Securities Ltd
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Transaction Charges (Per Crore)

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

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Equity Delivery NSE ₹310 | BSE ₹280 NSE ₹325 | BSE ₹275
Equity Intraday NSE ₹310 | BSE ₹280 NSE ₹325 | BSE ₹275
Equity Future * ₹180 NSE ₹210
Equity Options * ₹5000 NSE ₹5500
Currency Futures * ₹120 ₹150
Currency Options ₹5000 ₹6000

Other Charges

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

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Minimum Brokerage ₹35 per trade ₹20
Call & Trade Rs 25 per call (20 calls free in a month) ₹20 per trade
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) ₹15 per debit instruction + depository charges at actual
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Trading Platform Trade Racer Web, Desktop, ICICI Direct Mobile App Upstox Mobile, Upstox Web, NEST Trading Terminal
Placing orders through charts No Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes No
Detailed Education Initiatives Yes No
Unique features & Offers Bullet Trading, Can trade in 32 exchanges through Saxo Trader Option strategy builder
Referral Program No Rs.300 when the referal opens an account and 10% brokerage sharing

Demat Account Charges

Find charges for the best Demat Account for small investors

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Depository Service Provider CDSL and NSDL CDSL
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.

₹150

Dematerialisation Charges

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

₹2 per certificate plus courier charges of ₹35 per demat request

Rematerialisation Charges

₹25 + CDSL charges at actual

₹25 per certificate or 0.05% of the value 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 )

₹13 plus ₹5.50 (CDSL charges) per scrip.

Pledge Creation Charges

0.02% or minimum of ₹50

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

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

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

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

0.05% of the transaction charges subject to a minimum of ₹50

Failed Instruction Charges

₹30

₹50 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.

Demat Rejection Charges: ₹35 per rejection for every 500 gms.

Adhoc / Non periodic statement requests: ₹25 (₹500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at ₹10 plus courier / postage charges.

Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Basic Details

Basic Details of Brokers

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Year of Incorporation 1995 2012
Active Exchange Memberships NSE, BSE NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL
Website http://www.icicidirect.com http://www.upstox.com
Contact Details 020-28307700 022-61309999
Total Number of Clients 8,78,884 34,000+
Total Number of Branches 200+ 4

Charts and Data

Charts and Data

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard Plan
Live data source NSE, BSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 82 110
No.of charts can be opened 6 6
Live Scanners Yes Yes
Customizable screeners No No
Trading from charts No Yes
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 20 days 22 days
End of Day historical data for charts 10 years 10 years
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. RKSV Securities Ltd
I-Saver Plan Standard Plan
Equity Delivery - 2.5x
Equity Intraday - upto 20x
Equity Futures - 4x
Equity Options - 4x for shorting
Currency Futures NA upto 4x
Currency Options NA NA
Commodity Futures NA Upto 2.5x
Commodity Options NA Nil

Orders

Orders

ICICI Securities Pvt Ltd. RKSV Securities Ltd
I-Saver Plan Standard 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. RKSV Securities Ltd
I-Saver Plan Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.25,000 to Rs.2,00,000 Rs.3,000 for registration + Actuals

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ICICI Securities Pvt Ltd. RKSV Securities Ltd
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