ICICIDirect Vs IIFL compare brokerage charges | Full stock broker india | Best demat account for trading | Discover Broker

ICICI Direct

VS

IIFL

Background Services
Type of Broker Full Service Full Service
Founded 2000 1995
Active Clients 8,43,975 2,14,149
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits.
Depository NSDL & CDSL CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 975 Rs. 0
Demat Account Rs. 975 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account After first year 700 + GST Free for 5 years, 6th year onwards 400 + GST
Demat Account After first year 700 + GST Free for 5 years, 6th year onwards 400 + GST
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery Rs. 25 or 2.5 % whichever is lower 0.50% on turnover
Equity Intraday Rs. 15 or 2.5% whichever is lower 0.05% on turnover
Equity Futures 0.05% on turnover 0.05% on turnover
Currency Futures Rs. 10 per lot 0.05% on turnover
Commodity Futures Rs. 0 -
Equity Options Rs. 50 per order 1% on premium or Rs.100 per lot
Currency Options Rs. 10 per lot -
Commodity Options Rs. 0 -
Technology
Trading Platform Trade Racer. IIFL Trader Terminal.
Features
Shortcut Keys No Yes
Heat Map No Yes
Charting No Yes
Intraday Data (Days) - -
EOD Data (Days) - -
Leverages
Equity Delivery 8x on turnover 5x on turnover
Intraday
Equity Spot 25x on turnover 10 - 15x on turnover
Equity Futures and Options 4x on ESM 10 - 12x on ESM
Currency Futures and Options 2x on ESM 10 - 12x on ESM
Commodity Futures and Options 2.5x on ESM 10 - 12x on ESM
Intraday with BO & CO
Equity Spot 28x on turnover No leverage
Equity Futures and Options 7x on ESM No leverage
Currency Futures and Options No leverage No leverage
Commodity Futures and Options No leverage No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat No Yes
Relationship Manager Yes Yes




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