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ICICI direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group.

Frequently Asked Questions about ICICI Direct:

  • In which exchanges does ICICI Direct operate?
    • BSE, NSE
  • What type of stock broker ICICI Direct is?
    • Full Service Broker. They provide 3 in 1 trading account.
  • What are the charges for account opening at ICICI Direct?
    • INR 975/- for trading account.
  • Does ICICIDirect charge annual maintenance fees for trading account? What are the Annual maintenance charges (AMC) for trading account at ICICI Direct?
    • NIL
  • How much does ICICIDirect charge for Demat account opening? What are the annual demat account maintenance charges at ICICIDirect?
    • NIL.
    • Annual charges are INR 450/-
  • What is the special offer for opening account at ICICI Direct through www.niftytrader.in website?
    • N/A
  • Is it mandatory to open a demat account with trading account at ICICIDirect?
    • Yes
  • How much are the brokerage charges at ICICI Direct for equity delivery?
    • 0.55%
  • How much brokerage does ICICIDirect charge for intraday equity trading?
    • 0.275%
  • What are the brokerages for equity futures trading at ICICI Direct?
    • 0.05~0.03%
  • What are the brokerages for equity options trading at ICICI Direct?
    • INR 65~95 per lot
  • Does ICICIDirect provide trading in commodity derivatives?
    • No
  • What are the brokerage charges for commodity trading at ICICIDirect?
    • N/A
  • Does ICICIDirect provide trading in currency derivatives?
    • Yes
  • What are the brokerage charges for currency futures trading at ICICI Direct?
    • INR 65~95 per lot
  • What are the brokerage charges for currency options trading at ICICI Direct?
    • 0.03~0.05%
  • Can I buy or trade Bonds and NCD’s with ICICI Direct?
    • Yes
  • Can I buy or trade Mutual Funds with ICICIDirect?
    • Yes
  • Can I buy / apply for an IPO through ICICI Direct?
    • Yes
  • What is the minimum brokerage amount charged by ICICI Direct?
    • minimum INR 35/- per trade
  • Does ICICI Direct have special plans to reduce brokerage?
    • Yes
  • Does ICICI Direct have branches?
    • Yes
  • Does ICICIDirect provide call-n-trade facility?
    • No
  • What are the brokerage charges for call-n-trade facility?
    • N/A
  • Does ICICIDirect have android mobile trading application?
    • Yes
  • Does ICICI Direct have any application for apple devices such as iphone or ipad?
    • No
  • Does ICICIDirect have any trading application for windows devices?
  • How do I trasfer fund to my account? What are the possible ways for funds pay-in at ICICIDirect and how much time does it take?
    • Using ICICI Account
  • How do I withdraw funds from my account? What are the possible ways for funds pay-out at ICICIDirect and how much time does it take?
    • Using ICICI Bank Account
  • Does ICICI Direct provide “Good till Cancelled”(GTC) order facility?
    • No
  • Does ICICI Direct provide SMS alerts?
    • Yes
  • Does ICICIDirect provide automated trading?
    • No
  • Does ICICI Direct provide online demo?
    • Yes
  • Does ICICIDirect provide online portfolio?
    • Yes
  • Does ICICI Direct provide any news alerts, market summary, stock analysis?
    • Yes
  • Is Margin Trading Funding provided by ICICIDirect?
    • No
  • Does ICICIDirect provide any charting service?
    • No
  • What are the timings for intraday square-off of open positions?
    • 3:00 pm
  • Should I open account with them, if I am active investor?
    • No
  • Should I trade with them if I am active trader?
    • No. Better to go for discount brokers such as Zerodha, RKSV, Trade Smart Online, TradeJini, SAS Online etc
    • To open account with Zerodha, click here
    • To open account with RKSV, click here
  • Is the custormer service good?
    • The customer service is pathetic after Kamath left the company. They are not focused on money. They aren’t even forward looking anymore.
  • How much money can I save by opening account at Zerodha or RKSV Securities?
    • A lot. An active trader can save somewhere between 90~99% brokerage by using discount brokers.

 

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