The full-Service Broker, ICICI's brokerage plan is a bit complex in nature. The broker offers two-tier commission structures, flat rate percentage, and variable percentage depending upon volume. ICICI offers multiple Brokerage plan are as follows:
ICICIDirect NEO Brokerage Plan
Currently, the most popular plan which they are offering and have launched recently is the ICICI Direct NEO, which offers Zero brokerage on Future Trade, Rs.20 Unlimited per order brokerage on options & Intraday trade.
ICICI direct NEO brokerage plan provides an opportunity to invest in the stock market at competitive rates and is been designed for the trader community who mostly trades in the F&O segment (including currency & commodity F&O) and interested in lowering their brokerage along with a host of services provided by ICICI.
Key Features of ICICI Direct NEO Brokerage Plan: You would be eligible for services provided by ICICI direct as per the subscribed plan and additionally you would be eligible for
- The instant fund, You can get your funds within 30minutes of selling shares
- You can avail of Margin Funding at 0.025% per day
- You can access the ICICI research team
- Research reports
- you would be charged Rs.50 per order for call & Trade
- The minimum brokerage charged for the intraday equity margin segment for transactions up to Rs.40,000 will be 0.05% of the trade value or Rs.20, whichever is lower
- You need to pay only one-time subscription fees of ₹299 and there would not be any monthly or yearly fees against this plan.
ICICI Direct NEO Brokerage Charges:
This plan is mainly designed for the traders/investors community who mostly trades in the Intraday & F&O segment. This plan would bring ICICIdirect into the league of discount brokers with respect to the brokerage charges and would surely help them to gain market share.
|EQ Delivery||As per existing Plan|
|EQ Intraday||Rs.20 Per order|
|EQ Options||Rs.20 Per order|
|CUR F&O||Rs.20 Per order|
|Commodity F&O||Rs.20 Per order|
ICICI Direct Prime Plan
Currently, the most popular plan which they are offering and have launched recently is the ICICI Direct Prime Plan which offers >50% reduction in brokerage charges by paying nominal annual fixed membership fees with a host of services like exclusive research, Instant payout for your stocks sold (eATM). It offers 4 different –different subscription plans to choose from
|Prime Plan (₹)||Delivery/Cash %||Intraday / Futures %||Options (Per Lot) (₹)||Currency Futures||Currency Options||Commodity Futures|
|299.00||0.27||0.027||₹40||₹20 per order||₹20 per order||₹20 per order|
|999.00||0.22||0.022||₹35||₹20 per order||₹20 per order||₹20 per order|
|1,999.00||0.18||0.018||₹25||₹20 per order||₹20 per order||₹20 per order|
|2,999.00||0.15||0.015||₹20||₹20 per order||₹20 per order||₹20 per order|
ICICI Direct Pre-paid Plans
If you wanted to reduce your brokerage charges significantly then Lifetime Prepaid Brokerage Plan is for you where you get discounted brokerage rates and you save on your transaction cost. A prepaid brokerage plan comes with a Lifetime validity of 15 years. You can utilize the brokerage amount till it is exhausted within the span of 15 years.In this plan you can reduce your brokerage to as low as 0.09%, 0.009% & Rs 10 in Cash, Margin/ Futures & Options respectively
|Prepaid Plan (₹)||Delivery/Cash %||Intraday / Futures %||Options (Per Lot) (₹)||Currency Futures||Currency Options||Commodity Futures|
|5000.00||0.25||0.025||₹35||₹20 per order||₹20 per order||₹20 per order|
|12500.00||0.22||0.022||₹30||₹20 per order||₹20 per order||₹20 per order|
|25000.00||0.18||0.018||₹25||₹20 per order||₹20 per order||₹20 per order|
|50000.00||0.15||0.015||₹20||₹20 per order||₹20 per order||₹20 per order|
|100000.00||0.12||0.012||₹15||₹20 per order||₹20 per order||₹20 per order|
|150000.00||0.09||0.009||₹10||₹20 per order||₹20 per order||₹20 per order|
ICICI Direct I-Secure Plan
This is the Basic plan offered by ICICI Direct and does not have any kind of subscription fees or any kind of advance brokerage payment. This is the costliest among all the plan
|I-Secure Plan||Delivery/Cash %||Intraday / Futures %||Options (Per Lot) (₹)||Currency Futures||Currency Options||Commodity Futures|
|I-Secure Plan||0.55||Intraday- 0.055 (for Both Legs), Future -0.050||₹95||₹20 per order||₹20 per order||₹20 per order|
ICICI Direct Account Opening & AMC Charges
ICICI Direct charges ₹0 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹300 (2nd year onwards) are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by ICICI Direct to maintain your account.
ICICI Direct Brokerage Charges
Please find below ICICI Direct Brokerage charges in their basic Plan. ICICI Direct provides delivery trade at 0.55%, Intraday Trade at 0.275%, Equity Future Trade at 0.05%, and Equity Option Trade at ₹95 per lot.
ICICI Direct Transaction Charges (Per Crore)
The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. ICICI Direct Transaction charges are as per the below table:
ICICI Direct Other Charges
A lot of other Charges are getting levied other than brokerage by ICICI Direct like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.
ICICI Direct Demat Account Charges
The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find ICICI Direct demat account charges 2020.