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ICICIDirect Vs Reliance Securities Vs Geojit: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Reliance Securities ranges between 0.05 - 0.50%, while the brokerage of Geojit ranges between .03 to .3%. All 3 brokers are full service brokers. Overall rating for ICICIDirect is 4, Reliance Securities is rated 3.5, Geojit is rated 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Reliance Securities vs Geojit 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 Reliance Securities vs Geojit 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 Reliance Securities vs Geojit in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Reliance Securities vs Geojit on Service

  ICICIDirect Compare
ICICIDirect
Reliance Securities Compare
Reliance Securities
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE 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 Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...Know more about Reliance Securities 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
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 Reliance Securities vs Geojit on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Reliance Securities vs Geojit on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and Geojit offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account, where Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Reliance Securities vs Geojit
Charges ICICIDirect Reliance Securities Geojit
Trading Account Opening Fees Free Rs 950 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 per annum Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 700 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Reliance Securities vs Geojit on Plan Options

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

Compare ICICIDirect vs Reliance Securities vs Geojit on Plan Options
Plan Types ICICIDirect Reliance Securities Geojit
Multiple Plans Yes Yes 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 Reliance Securities vs Geojiton 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.

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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.

Brokerage Charges - Compare ICICIDirect vs Reliance Securities vs Geojit
Brokerage Charges Compare ICICIDirect Reliance Securities Geojit
Plan Name NEO Flat Discount Brokerage Plan R-FIXED Online Brokerage Plan (Percentage Based) Online Trading Plan (Percentage Based)
Equity Delivery 0.55% 0.50% 0.30% or 30 paisa
Equity Intraday Flat Rs. 20 per order 0.05% 0.03% or 3 paisa
Equity Futures Free (Rs. 0 brokerage) 0.05% 0.01%
Equity Options Flat Rs. 20 per order Rs 100 Per Lot Rs 50 Per Lot
Currency Futures Flat Rs. 20 per order 0.05% 0.03% or 3 paisa
Currency Options Flat Rs. 20 per order Rs 100 Per Lot Rs 50 Per Lot
Commodity Trading Flat Rs. 20 per order Future: 0.05%| Options: Rs 100 per lot 0.05% (Buy and sell)| Options: Rs. 150/lot| Option
Minimum Brokerage Rs 35 per trade 5 paise per share 1p per share or Rs 20/contract whichever is higher
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 18% interest PA Yes - 20% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 20 per call (Free First 20 call per month) Free
Auto Square off Charges First 20 call free and Rs 25 there onwards. Free First 20 call PM and Rs 20 their onwards. Free
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Reliance Securities Brokerage Calculator for Geojit
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Share Broker's Transaction Charges

Compare ICICIDirect vs Reliance Securities vs Geojit on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs Reliance Securities vs Geojit
Transaction Charges Compare ICICIDirect Reliance Securities Geojit
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 reliance-securities Complete Brokerage Plans for geojit
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Account Features

Compare ICICIDirect vs Reliance Securities vs Geojit on Account Features

Compare ICICIDirect vs Reliance Securities vs Geojit 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 Reliance Securities and Geojit offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare ICICIDirect vs Reliance Securities vs Geojiton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Reliance Securities vs Geojit. 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 Reliance Securities vs Geojit
Trading Platform Compare ICICIDirect Reliance Securities Geojit
Desktop Trading Platform Trade Racer InstaXpress SELFIE Platinum
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
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

http://tick.rsec.co.in/

https://selfie.geojit.net/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile TICK PRO SELFIE Geojit
Mobile Trading App Demo ICICI direct Mobile Demo TICK PRO Demo SELFIE Geojit Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod TICK PRO Download Andriod Download
iPhone Mobile App (IOS) Yes Yes No
iOS App Download iOS ICICI direct Mobile Download iOS TICK PRO Download iOS SELFIE Geojit Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes No
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for geojit

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Broker Ratings by Users

Compare ICICIDirect vs Reliance Securities vs Geojit on User Rating

  ICICIDirect Reliance Securities Geojit
  267 Customer Reviews    Rate ICICIDirect 52 Customer Reviews    Rate Reliance Securities 79 Customer Reviews    Rate Geojit
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 Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews
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Investment Offerings

Compare ICICIDirect vs Reliance Securities vs Geojit on Investment Offerings

Compare ICICIDirect vs Reliance Securities vs Geojit 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 - Reliance Securities and Geojit 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) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

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

Compare ICICIDirect vs Reliance Securities vs Geojit on Order Types

Order Type - Compare ICICIDirect vs Reliance Securities vs Geojit 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 Reliance Securities provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Reliance Securities 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 Reliance Securities doesn't provides GTC.

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

Compare ICICIDirect vs Reliance Securities vs Geojit on Customer Service

Compare ICICIDirect vs Reliance Securities vs Geojit 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 Reliance Securities vs Geojit
Customer Service Compare ICICIDirect Reliance Securities Geojit
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 1860 123 1122 022 41596000 | 022 62436000 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Online Online/Paperless Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.reliancesmartmoney.com/Insights https://insights.geojit.com/
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Website https://www.icicidirect.com https://www.reliancesmartmoney.com https://www.geojit.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Reliance Securities vs Geojit on Research Reports, Tips

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

Research Reports - Compare ICICIDirect vs Reliance Securities vs Geojit
  ICICIDirect Reliance Securities Geojit
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare ICICIDirect vs Reliance Securities vs Geojit on Demat Account

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

Demat Charges - Compare ICICIDirect vs Reliance Securities vs Geojit
  ICICIDirect Reliance Securities Geojit
DP Source CDSL CDSL CDSL
DP ID 14300 41400 48900
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹300 pa ₹600 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Nil NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges 0.02% of transaction value (Max ₹40) + CDSL charges
Demat ₹50 per set up ₹5 per certificate + ₹30 request charges ₹100 per demat request max 5 + ₹20 each additional certificate
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) ₹50 per transaction
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) ₹50 per transaction
Failed Instruction Charges ₹30 per transaction Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Reliance Securities vs Geojit on Special Offers and Promotion

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

Compare ICICIDirect vs Reliance Securities vs Geojit on Special Offers and Promotion
  ICICIDirect Reliance Securities Geojit
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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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
Payout Time Instant to ICICI Bank. Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Info Not Available Info Not Available NA
Bank Detail Direct from your ICICI bank account. RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
NA
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...

  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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...

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...

  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

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...

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.
Enquire for ICICIDirect Enquire for Reliance Securities Enquire for Geojit

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