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The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

 Equity                

 Commodity               

 Currency               

 Futures               

 Options               

Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

CHARGES

Account Opening Charge
Free
Account Maintenance Charge
₹700
Call & Trade Charges
Free

BROKERAGE

Equity Delivery Brokerage
0.55%
Equity Intraday Brokerage
0.05%
Equity Futures Brokerage
0.05%
Equity Options Brokerage
₹95
Currency Futures Brokerage
₹20
Currency Options Brokerage
₹20
Commodity Futures Brokerage
₹20
Commodity Options Brokerage
₹20

MARGINS

Equity Delivery Margin
2x
Equity Intraday Margin
7x
Equity Futures Margin
4x
Equity Options Margin
4x/2x
Currency Futures Margin
4x
Currency Options Margin
0x
Commodity Futures Margin
2.5x
Commodity Options Margin
0x

Advantages

1.VTC (Valid Till Cancelled) option gives customers a chance to place buy or sell limit orders which will remain valid for 45 days.

2.It offers research-based financial advice on all asset classes.

3.Technical analysis and stock tips are provided to customers free of cost.

Disadvantages

1.Brokerage is high as compared to others. To avoid paying higher brokerage, customers have to subscribe to ICICI direct Prime or prepaid brokerage plans.

2.Minimum brokerage charge as per the standard I-Secure Plan is very high for traders who do not trade frequently.

3.ICICI Direct charges higher brokerage to customers who trade in penny stocks.

4.The charge is high for call & trade (after the first 20 free calls in a month).