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The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Sharekhan ranges between 0.1 to 0.5%, while the brokerage of Finvasia ranges between Rs 0. The broker ICICIDirect and Sharekhan are full service brokers where Finvasia is a discount broker. Overall rating for ICICIDirect is 4, Sharekhan is rated 4, Finvasia is rated 4 out of 5.
Here we present side-by-side comparison of ICICIDirect vs Sharekhan 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 Sharekhan 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 Sharekhan vs Finvasia in this setion with 360 degree view of broker information.
 ICICIDirect |
 Sharekhan |
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| 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...  |
Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... |
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... |
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In this section we have compared ICICIDirect vs Sharekhan 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, Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account, where Finvasia charges Free AMC for Demat account.
| Charges | ICICIDirect | Sharekhan | Finvasia |
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| 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 400 PA (Free for 1st year)) | Free |
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Plans are the most important feature you look when compare ICICIDirect vs Sharekhan vs Finvasia. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect and Sharekhan offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | ICICIDirect | Sharekhan | Finvasia |
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| Multiple Plans | |
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| Zerodha | Sharekhan | Zerodha | |
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| Account Opening Request |
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.
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
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 | Sharekhan | Finvasia |
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| Plan Name | NEO Flat Discount Brokerage Plan | Sharkehan Brokerage Plan | Zero Brokerage Trading Plan |
| Equity Delivery | 0.55% | 0.30% | Rs 0 |
| Equity Intraday | Flat Rs. 20 per order | 0.02% | Rs 0 |
| Equity Futures | Free (Rs. 0 brokerage) | 0.02% | Rs 0 |
| Equity Options | Flat Rs. 20 per order | Rs 20 per lot | Rs 0 |
| Currency Futures | Flat Rs. 20 per order | 0.02% | Rs 0 |
| Currency Options | Flat Rs. 20 per order | Rs 5 per lot | Rs 0 |
| Commodity Trading | Flat Rs. 20 per order | Rs 20 per lot | Rs 0 |
| Minimum Brokerage | Rs 35 per trade | Rs 20 | NA |
| Hidden Charges | Yes | No | |
| Funding | Yes - 18% interest PA | Yes - 18% 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 Sharekhan | Brokerage Calculator for Finvasia |
Compare ICICIDirect vs Sharekhan vs Finvasia on transaction charges and PCM fee by segment.
| Transaction Charges Compare | ICICIDirect | Sharekhan | Finvasia |
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| 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 sharekhan | Complete Brokerage Plans for finvasia |
Compare ICICIDirect vs Sharekhan 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 Sharekhan and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and Sharekhan offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | ICICIDirect | Sharekhan | Finvasia |
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| SMS Alerts | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Sharekhan 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 | Sharekhan | Finvasia |
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| Desktop Trading Platform | Trade Racer | TradeTiger | OMNESYS NEST |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://www.icicidirect.com |
https://www.sharekhan.com/ |
https://trade.finvasia.com/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | ICICI direct Mobile | Sharekhan | SCALPERT |
| Mobile Trading App Demo | ICICI direct Mobile Demo | Sharekhan Demo | SCALPERT Demo |
| Android Mobile App | |
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| Android App Download | Andriod ICICI direct Mobile Download | Andriod Sharekhan Download | Andriod Download |
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| iOS App Download | iOS ICICI direct Mobile Download | iOS Sharekhan Download | iOS SCALPERT Download |
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| 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 Sharekhan | Equity Intraday and Delivery Brokerage Calculator for Finvasia |
| Futures Brokerage Calculator | Futures Brokerage Calculator for ICICIDirect | Futures Brokerage Calculator for Sharekhan | Futures Brokerage Calculator for Finvasia |
| Options Brokerage Calculator | Options Brokerage Calculator for ICICIDirect | Options Brokerage Calculator for Sharekhan | Options Brokerage Calculator for Finvasia |
| Detail | Detail on Trading Platforms for icicidirect | Detail on Trading Platforms for sharekhan | Detail on Trading Platforms for finvasia |
| ICICIDirect | Sharekhan | Finvasia | ||
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267 Customer Reviews
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184 Customer Reviews
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17 Customer Reviews
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| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
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| Overall Ratings | ||||
| Broker Rating | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | Sharekhan is Rated 3.6 / 5 based on 184 customer reviews | Finvasia is Rated 4.2 / 5 based on 17 customer reviews |
Compare ICICIDirect vs Sharekhan 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 - Sharekhan 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 Sharekhan offers PMS facility where Finvasia doesn't offers PMS facility.
| Investment Offerings Compare | ICICIDirect | Sharekhan | Finvasia |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare ICICIDirect vs Sharekhan 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) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Sharekhan and Finvasia provides Bracket Orders (BO) facility where ICICIDirect 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 Sharekhan offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
| Order Type Compare | ICICIDirect | Sharekhan | Finvasia |
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| CNC order | |
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Compare ICICIDirect vs Sharekhan 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 Service Compare | ICICIDirect | Sharekhan | Finvasia |
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| 24/7 Customer Service | |
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| Customer Care Number | 1860 123 1122 | 1800227500 | 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://www.sharekhan.com/help/hello | https://finvasia.com/announcements |
| Head Office Address | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
| Website | https://www.icicidirect.com | https://www.sharekhan.com | https://www.finvasia.com/ |
Compare ICICIDirect vs Sharekhan vs Finvasia on research reports and tips provided by broker.
| ICICIDirect | Sharekhan | Finvasia | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare ICICIDirect vs Sharekhan vs Finvasia on Demat Service and Charges. This section cover about demat charges, demat service and other details
| ICICIDirect | Sharekhan | Finvasia | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 14300 | 36000 | 84300 |
| Demat Account Annual Maintenance Charges(AMC) | ₹700 pa | ₹500 pa | Free |
| Advance Deposit | Rs. 7500/- , If the client is not having ICICI BANK Account | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) | Rs 0 |
| Statutory charges | Nil | Actual Stamp Paper Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | ₹9 + ₹5.50 (CDSL Charges) for every transaction |
| Demat | ₹50 per set up | ₹5 per certificate (Min 50 per request) | ₹15 per certificate |
| Remat | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹50 per certificate or ₹50 for every hundred securities | ₹15 for every hundred securities + CDSL Charges |
| Pledge Creation | 0.02% (Min ₹35 and Max ₹25,000) | 0.03% (Min ₹100) | ₹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) | Nil | ₹19 per transaction |
| Failed Instruction Charges | ₹30 per transaction | Nil | ₹49 |
| Other Charges | Nil | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
Nil |
Compare ICICIDirect vs Sharekhan vs Finvasia on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| ICICIDirect | Sharekhan | Finvasia | |
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| 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 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. | Max 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. | Sharekhan Limited Account No.:9035< Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
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 |
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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;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| 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 Sharekhan | Enquire for Finvasia |
Last Updated on 2023-09-14T04:34:26+00:00
