ICICI DIRECT

Year of Incorporation: 2000

Type: Full service broker

Complaints:

Number of clients:

Details of the brokerage plans:

ICICI Direct offers 3 different brokerage plans:

  1. I-Saver Plan

Brokerage in Cash

Total Eligible Turnover (Per calendar Quarter) Brokerage (%) Second Leg Of Intraday Trades Effective Brokerage on Intraday Square off
Above 5 Crores 0.25 Nil 0.125%
 2 Crores to 5 Crores 0.30 Nil 0.150%
 1 Crores to 2 Crores 0.35 Nil 0.175%
 50 Lakhs to 1 Crores 0.45 Nil 0.225%
 25 Lakhs to 50 Lakhs 0.55 Nil 0.275%
Less than  25 Lakhs 0.75 Nil 0.375%

Brokerage in Options & Option Plus

Total Eligible Lots per month Flat brokerage per contract lot (.) Flat Brokerage on Second leg of Intraday square off ( per lot) – (Wef April 01, 2016)
Above 4800 35/- ₹ 50/-
2401-4800 45/- ₹ 50/-
1201-2400 55/- ₹ 50/-
601-1200 65/- ₹ 50/-
301-600 75/- ₹ 50/-
51-300 85/- ₹ 50/-
1-50 95/- ₹ 50/-

Brokerage in Future & Future Plus

For Equity Futures Equity Future and Future Plus
Total Eligible Turnover per month Brokerage (%) Flat Brokerage on other leg of Intraday square off (per lot) – (Wef April 01, 2016)
Above  20 Crores 0.030 ₹ 50/-
 10 Crores to 20 Crores 0.035 ₹ 50/-
 5 Crores to 10 Crores 0.040 ₹ 50/-
Less than  5 Crores 0.050 ₹ 50/-
  1. I-Secure Plan:
Total Eligible Turnover (Per calendar Quarter) Brokerage (%) Second Leg Of Intraday Trades Effective Brokerage on Intraday Square off
Irrespective of turnover 0.55 Nil 0.275%

Brokerage in Options & Option Plus

Total Eligible Lots per month Flat brokerage per contract lot (.) Flat Brokerage on Second leg of Intraday square off ( per lot) – (Wef April 01, 2016)
Above 4800 35/- ₹ 50/-
2401-4800 40/- ₹ 50/-
1201-2400 55/- ₹ 50/-
601-1200 65/- ₹ 50/-
301-600 75/- ₹ 50/-
51-300 85/- ₹ 50/-
0-50 95/- ₹ 50/-

Brokerage in Future & Future Plus

For Equity Futures Equity Future and Future Plus
Total Eligible Turnover per month Brokerage (%) Flat Brokerage on other leg of Intraday square off (per lot) – (Wef April 01, 2016)
Above 20 Crores 0.030 ₹ 50/-
 10 Crores to 20 Crores 0.035 ₹ 50/-
 5 Crores to 10 Crores 0.040 ₹ 50/-
Less than  5 Crores 0.050 ₹ 50/- 
  1. Prepaid Brokerage plan

Choose from 7 different plans as per your need:

Prepaid Card Value Delivery Brokerage Rates (Prepaid) Intra-day Brokerage Rates ( Margin / Margin Plus ) Future Brokerage Rates Brokerage on Options
10000 0.45 % 0.040 % 0.040 % ₹ 70 per lot
25000 0.35 % 0.035 % 0.035 % ₹ 55 per lot
50000 0.30 % 0.030 % 0.030 % ₹ 45 per lot
75000 0.25 % 0.025 % 0.025 % ₹ 35 per lot
100000 0.20 % 0.020 % 0.020 % ₹ 25 per lot
200000 0.15 % 0.015 % 0.015 % ₹ 20 per lot
300000 0.12 % 0.012 % 0.012 % ₹ 15 per lot

Trading account opening charges: Rs. 975/-

Demat account opening charges: Nil

Account closure charges: Nil

Trading Annual Maintenance Charges: nil

Demat Annual Maintenance Charges:  700 (First Year Demat Account Maintenance Charges for the linked demat account are waived off).

Failed order charges/rejection or failure of transfer instruction (delivery): Rs. 30

Minimum brokerage per order:

The minimum brokerage for transactions up to Rs. 6364 on stocks quoting more than Rs.10 is Rs. 35/- per trade or 2.5% of the trade value whichever is lower.

Brokerage on stocks quoting up to Rs. 10 would be levied at Rs. 0.05 per share. The total brokerage on such trade would be higher of Rs. 0.05 per share or Rs. 35, subject to maximum of Rs. 0.25 per share.

Min balance requirement:

ICICI Savings Account Minimum Balance:

It is a 3 in 1 account. Hence, you must maintain the minimum balance prescribed by bank in your saving account.

Type of Savings Account Urban and Metro Semi-Urban
Easy Receive Account Rs.10,000 Rs.5,000

5000 for new ICICI bank accounts, Failure to do so would result in a fee of Rs. 250/- plus Service Tax as per the Terms and Conditions by ICICI Bank Limited

Trading Software: ICICI direct trade racer

Mobile App: ICICI direct

After Market Hours: No AMO service