Table of Contents
Is ICICIDirect good for beginners?
ICICI Direct is a good choice for: Beginners who need hand-holding and convenient trading experience. Customer who prefers going to the nearby branch office for customer services. Customers who prefer 3-in-1 account for hassle-free investing.
Which plan is better in ICICIDirect?
ICICI Direct Prime Plan
| Prime Plan (₹) | Delivery\% | Intraday / Futures \% |
|---|---|---|
| 299.00 | 0.27 | 0.027 |
| 999.00 | 0.22 | 0.022 |
| 1,999.00 | 0.18 | 0.018 |
| 2,999.00 | 0.15 | 0.015 |
Is Icici direct a good broker?
ICICI Direct is one of the largest and a good stock broker. It is an online trading and investment service by ICICI Securities, a publicly listed company promoted by well known ICICI Group.
Which bank demat account is best?
Top 5 Bank Demat Account
- ICICI Bank Demat and Trading Account. ICICI Bank is a leading private bank in India.
- HDFC Bank Demat and Trading Account.
- Kotak Bank Demat and Trading Account.
- Axis Bank Demat and Trading Account.
- SBI Bank Demat and Trading Account.
Is Zerodha better?
Zerodha is best in the following ways: Best trading platform in India. Brokerage-free equity delivery trading. Direct mutual funds (free of any commission) earn 1.5\% more.
What is average cost price in ICICIdirect?
The average price is calculated as the Net Trade Value divided by the Net Qty. 6. On clicking on the update portfolio button, all the selected trade’s will be updated in the portfolio page.
Is Zerodha better than icicidirect as a discount broker?
For a limited time period you can open a Free trading/demat account with ICICIDirect, although they do charges one time account opening fee of Rs.975. Overall, Zerodha when compared on all parameters is better than ICICIDirect as a discount broker.
What is the difference between ICICI Direct neo plan and Zerodha?
ICICI Direct Neo plan offers brokerage-free equity futures trading. ICICI Direct offers free account opening while Zerodha charges Rs 200. ICICI Direct offers instant availability of part of funds in the trading account when you sell shares. ICICI Direct offers margin funding while Zerodha doesn’t offer it.
What is the rate of interest in ICICI Direct through interestzerodha?
Zerodha Charges interest of 0.50\% per day whereas a typical plan of ICICI (e.g NEO plan) charges you around 0.025\% per day. This comparison is applicable only for F&O Call/Put Writing Positions.
What is the difference between Zerodha margin and ICICI Direct margin?
ICICI Direct margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Zerodha margin for intraday cash is up to 6x of the trade value based on the stock. As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021.