FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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ICICIDirect Vs Geojit Vs Finvasia: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of Finvasia ranges between Rs 0. The broker ICICIDirect and Geojit are full service brokers where Finvasia is a discount broker. Overall rating for ICICIDirect is 4, Geojit is rated 4, Finvasia is rated 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Geojit vs Finvasia stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Geojit vs Finvasia on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ICICIDirect vs Geojit vs Finvasia in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Geojit vs Finvasia on Service

  ICICIDirect Compare
ICICIDirect
Geojit Compare
Geojit
Finvasia Compare
Finvasia
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare ICICIDirect vs Geojit vs Finvasia on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Geojit vs Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Geojit charges Rs 700 PA AMC for Demat account, where Finvasia charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Geojit vs Finvasia
Charges ICICIDirect Geojit Finvasia
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 per annum Rs 700 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Geojit vs Finvasia on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Geojit vs Finvasia. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Geojit and Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare ICICIDirect vs Geojit vs Finvasia on Plan Options
Plan Types ICICIDirect Geojit Finvasia
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Geojit vs Finvasiaon Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Brokerage Charges - Compare ICICIDirect vs Geojit vs Finvasia
Brokerage Charges Compare ICICIDirect Geojit Finvasia
Plan Name NEO Flat Discount Brokerage Plan Online Trading Plan (Percentage Based) Zero Brokerage Trading Plan
Equity Delivery 0.55% 0.30% or 30 paisa Rs 0
Equity Intraday Flat Rs. 20 per order 0.03% or 3 paisa Rs 0
Equity Futures Free (Rs. 0 brokerage) 0.01% Rs 0
Equity Options Flat Rs. 20 per order Rs 50 Per Lot Rs 0
Currency Futures Flat Rs. 20 per order 0.03% or 3 paisa Rs 0
Currency Options Flat Rs. 20 per order Rs 50 Per Lot Rs 0
Commodity Trading Flat Rs. 20 per order 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Rs 0
Minimum Brokerage Rs 35 per trade 1p per share or Rs 20/contract whichever is higher NA
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Yes - 20% interest PA Yes, 24% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Free Free
Auto Square off Charges First 20 call free and Rs 25 there onwards. Free Free
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Geojit Brokerage Calculator for Finvasia
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Share Broker's Transaction Charges

Compare ICICIDirect vs Geojit vs Finvasia on Transaction Charges

Compare ICICIDirect vs Geojit vs Finvasia on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs Geojit vs Finvasia
Transaction Charges Compare ICICIDirect Geojit Finvasia
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for geojit Complete Brokerage Plans for finvasia
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Account Features

Compare ICICIDirect vs Geojit vs Finvasia on Account Features

Compare ICICIDirect vs Geojit vs Finvasia on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Geojit and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and Geojit offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - ICICIDirect vs Geojit vs Finvasia
Account Features Compare ICICIDirect Geojit Finvasia
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare ICICIDirect vs Geojit vs Finvasiaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Geojit vs Finvasia. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare ICICIDirect vs Geojit vs Finvasia
Trading Platform Compare ICICIDirect Geojit Finvasia
Desktop Trading Platform Trade Racer SELFIE Platinum OMNESYS NEST
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) Yes No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

https://selfie.geojit.net/

https://trade.finvasia.com/

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile SELFIE Geojit SCALPERT
Mobile Trading App Demo ICICI direct Mobile Demo SELFIE Geojit Demo SCALPERT Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) Yes No No
iOS App Download iOS ICICI direct Mobile Download iOS SELFIE Geojit Download iOS SCALPERT Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No No
Trading Software Charges Free Free Basic platforms are free, advance platforms are chargeable.
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Finvasia
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Finvasia
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Geojit Options Brokerage Calculator for Finvasia
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for geojit Detail on Trading Platforms for finvasia

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Broker Ratings by Users

Compare ICICIDirect vs Geojit vs Finvasia on User Rating

  ICICIDirect Geojit Finvasia
  267 Customer Reviews    Rate ICICIDirect 79 Customer Reviews    Rate Geojit 17 Customer Reviews    Rate Finvasia
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews
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Investment Offerings

Compare ICICIDirect vs Geojit vs Finvasia on Investment Offerings

Compare ICICIDirect vs Geojit vs Finvasia on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Geojit and Finvasia offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect and Geojit offers PMS facility where Finvasia doesn't offers PMS facility.

Investment Offerings - Compare ICICIDirect vs Geojit vs Finvasia
Investment Offerings Compare ICICIDirect Geojit Finvasia
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes No
PMS Service Yes Yes No
Other Investment Options NIL Insurance NIL
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Order Types

Compare ICICIDirect vs Geojit vs Finvasia on Order Types

Order Type - Compare ICICIDirect vs Geojit vs Finvasia on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - ICICIDirect and Finvasia provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Finvasia provides Bracket Orders (BO) facility where ICICIDirect and Geojit doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - ICICIDirect and Geojit offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

Order Types - Compare ICICIDirect vs Geojit vs Finvasia
Order Type Compare ICICIDirect Geojit Finvasia
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes No Yes
Bracket order No No Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes No
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Customer Service Offered

Compare ICICIDirect vs Geojit vs Finvasia on Customer Service

Compare ICICIDirect vs Geojit vs Finvasia on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ICICIDirect vs Geojit vs Finvasia
Customer Service Compare ICICIDirect Geojit Finvasia
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number 1860 123 1122 1800-425-5501/1800-103-5501/91-484-2405822 Support: +91 9779 097 777/Sales: +91 9098 001 001
Account Opening Process Online Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]/[email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://insights.geojit.com/ https://finvasia.com/announcements
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Website https://www.icicidirect.com https://www.geojit.com/ https://www.finvasia.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Geojit vs Finvasia on Research Reports, Tips

Compare ICICIDirect vs Geojit vs Finvasia on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect vs Geojit vs Finvasia
  ICICIDirect Geojit Finvasia
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare ICICIDirect vs Geojit vs Finvasia on Demat Account

Compare ICICIDirect vs Geojit vs Finvasia on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Geojit vs Finvasia
  ICICIDirect Geojit Finvasia
DP Source CDSL CDSL CDSL
DP ID 14300 48900 84300
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹600 pa Free
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL Rs 0
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.02% of transaction value (Max ₹40) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹50 per set up ₹100 per demat request max 5 + ₹20 each additional certificate ₹15 per certificate
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹15 for every hundred securities + CDSL Charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹50 per transaction ₹25 per transaction
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil NIL
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) Nil ₹25 per transaction
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil NIL
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹50 per transaction ₹19 per transaction
Failed Instruction Charges ₹30 per transaction Nil ₹49
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Geojit vs Finvasia on Special Offers and Promotion

Compare ICICIDirect vs Geojit vs Finvasia on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Geojit vs Finvasia on Special Offers and Promotion
  ICICIDirect Geojit Finvasia
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Payout Time Instant to ICICI Bank. Upto 24 Hrs except Bank Holidays. Up to 24 hrs except for bank holidays.
Bank Supported and Charges Info Not Available Info Not Available Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms.
Bank Detail Direct from your ICICI bank account. Info Not Available FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Free Account Opening+Free Demat AMC+Free Trading.
Enquire for ICICIDirect Enquire for Geojit Enquire for Finvasia

Last Updated on 2023-09-14T04:34:26+00:00