Best Brokers by Investment Offering in India 2020

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal

About The Brokers	ICICI Direct : "ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur >>> more	Sharekhan : "Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di >>> more	Kotak Securities : "With 1281+ branches in 377 cities of the country serving 1.4 million customers, over 5 lacs trades per day, Kotak Securities have been able to create their own space >>> more	Angel Broking : "Angel Broking is a renowned name in share brokerage Industry with over 10 lakh customer base, powerful online trading tools, Research based investment advice, dedica >>> more	Motilal Oswal : "Solid research is considered as the foundation of Motilal Oswal Securities. Almost 10% of revenue is invested on equity research. They have been awarded as India&apos >>> more
Find More Information about the Broker :	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Sharekhan : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Kotak Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Angel Broking : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Motilal Oswal : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	ICICI Direct : Full Service Broker	Sharekhan : Full Service Broker	Kotak Securities : Full Service Broker	Angel Broking : Full Service Broker	Motilal Oswal : Full Service Broker
Promo/offers	ICICI Direct : N/A	Sharekhan : N/A	Kotak Securities : N/A	Angel Broking : Special Offer: Free equity delivery trade for Lifetime + Flat ₹20 Intra-day and F&O trades. Get the offer	Motilal Oswal : Special Offer: Zero AMC for lifetime + ₹3000 worth discount coupons + ₹1000 worth of ME Gold on opening a demat & Trading Account with Motilal Oswal. Get the offer
Pros	ICICI Direct : 3-in-1 online trading account. Security of your investment & money 24/7 customer service. Easy-to-use website. Innovative offerings like - Margin, MarginPlus, BTST, SPOT. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Own DP services Award winning research services	Sharekhan : Free call and trade facility. Huge Branch & Partner network User-friendly website and easy to use trading platform Registered with both the exchanges - BSE and NSE. Provides you with the opportunity of commodity trading. The fixed deposit can be used as collateral for future and option trading. Sharekhan doesn't charge for DP transactions.	Kotak Securities : 3-in-1 online trading account.. Security of your investment & money. Toll free number available. Robust trading software KEAT Pro. Derivatives trading,NRI services, mutual funds, IPOs. Trading is available in both BSE and NSE. After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.	Angel Broking : ARQ- Advisory services. Trading in all market segments on BSE, NSE, MCX & NCDEX. Huge Sub-brokers & Partner network Good Trading Platform Offer Commodity Trading Free Demat Account	Motilal Oswal : Award Winning Research and advice. Trading in all market segments on BSE, NSE, MCX & NCDEX. Huge Sub-brokers & Partner network Good Trading Platform Offer Commodity Trading Free Call and Trade Service.
Cons	ICICI Direct : No commodity trading. Very High brokerage. Not a good fit for small and penny stock traders. Charges for trading terminal usage.	Sharekhan : Offer only 2-in-1 account. Shrekhan charges comparatively high brokerage. Minimum brokerage of 10 paisa is being charged per stock basis. Trading after market hours is not allowed. Classic account holders cannot trade commodities.	Kotak Securities : No commodity trading.. Very High brokerage.. Not a good fit for small and penny stock traders. Minimum brokerage charges.	Angel Broking : Doesn't offer 3-in-1 account. High brokerage. Not a good fit for small and penny stock traders. They charge minimum brokerage of 30 Rs for your trade. Hidden charges.	Motilal Oswal : High brokerage. Not a good fit for small and penny stock traders. They charge minimum brokerage of 20 Rs for your trade. Hidden charges. No brokerage plans available onsite.
Why This	ICICI Direct : A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade. Largest Equity E-Broking House with >40 Lac customers. Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance. Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Award Winning Research	Sharekhan : Pan India Presence over 170 branches & 2300+ Franchise partners. DP transaction facility is available without any cost. Sharekhan allows fixed deposit as collateral for Future & Options. At Sherkhan you can Trade through call & trade service. Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O	Kotak Securities : A Unique 3-in-1 On-line Trading Account, which includes Kotak Mahindra Banks Saving Account, Kotak Securities Trading Account and Kotak Securities Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through Kotak Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >13 Lac customers. Wide network of 1281 branches and sub Brokers in 377 cities. After Market Orders and Portfolio Management Service(PMS) available. Facility to trade in Equities, IPO's, Bonds, FD's, ETF's, Mutual Funds, F&O and Currency derivatives etc. Add on services like relationship manager, tips & recommendations, technical research, market pointers, periodical research reports, training and education.	Angel Broking : Wide Network with over 8500 Sub-brokers and Franchise partners in 900+ cities in India. Offers Demat account absolutely free. Personalised investment advice through artificial intelligence based investment engine. Angel Broking provides Top quality research powered by ARQ predictions, which help to pick n invest in best stocks. Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service.	Motilal Oswal : Wide Network with over 2200 Sub-brokers and Franchise partners in 500+ cities in India serving >9L customers. Free Call and Trade Service. Dedicated and award winning research with daily, weekly, monthly & yearly reports. 30,000+ research reports across 230+ companies and 21+ sectors. Dedicated large cap, mid cap & technical research teams. Advice across Equity, Derivatives, Commodity, Currency and Mutual Funds. LIVE streaming quotes and technical charts to help you make the right decision. Option to trade across exchanges - BSE, NSE, NCDEX, MCX, MSEI. Dedicated customer service team with a 6-hour query resolution TAT.

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is ₹975 and Sharekhan Trading Account Opening Fee is ₹0 and Kotak Securities Trading Account Opening Fee is ₹750 and Angel Broking Trading Account Opening Fee is ₹0 and Motilal Oswal Trading Account Opening Fee is ₹0 . ICICI Direct Demat Account AMC is ₹700 and Sharekhan Demat Account AMC is ₹400 (Free for 1st year) and Kotak Securities Demat Account AMC is ₹600 and Angel Broking Demat Account AMC is ₹450 (from 2nd year onwards) and Motilal Oswal Demat Account AMC is Free (₹400 2nd year onward) .

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Trading Account Opening Fee	Trading Account Opening Fee : ₹975	Trading Account Opening Fee : ₹0	Trading Account Opening Fee : ₹750	Trading Account Opening Fee : ₹0	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹700	Demat Account AMC : ₹400 (Free for 1st year)	Demat Account AMC : ₹600	Demat Account AMC : ₹450 (from 2nd year onwards)	Demat Account AMC : Free (₹400 2nd year onward)
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0	Trading Account AMC : ₹0	Trading Account AMC : ₹0	Trading Account AMC : ₹0

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Brokerage Charges

ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is ₹95 to ₹35 per lot . Sharekhan Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.10% and Equity Options is ₹50 per lot . Kotak Securities Brokerage Charges Equity Delivery is 0.49% and Equity Intraday is 0.049% and Equity Options is ₹300 . Angel Broking Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is Flat ₹20 per executed order and Equity Options is Flat ₹20 per executed order . Motilal Oswal Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% (both side) and Equity Options is ₹100 per lot (both side) .

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Plan Name	Plan Name : I-Saver Plan	Plan Name : Classic Account	Plan Name : Fixed Brokerage Plan	Plan Name : Angel Diet	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : 0.55%	Equity Delivery : 0.50%	Equity Delivery : 0.49%	Equity Delivery : ₹0 (Free)	Equity Delivery : 0.50%
Equity Intraday	Equity Intraday : 0.275%	Equity Intraday : 0.10%	Equity Intraday : 0.049%	Equity Intraday : Flat ₹20 per executed order	Equity Intraday : 0.05% (both side)
Equity Future	Equity Future : 0.05% to 0.03%	Equity Future : 0.10%	Equity Future : 0.049%	Equity Future : Flat ₹20 per executed order	Equity Future : 0.05% (both side)
Equity Options	Equity Options : ₹95 to ₹35 per lot	Equity Options : ₹50 per lot	Equity Options : ₹300	Equity Options : Flat ₹20 per executed order	Equity Options : ₹100 per lot (both side)
Currency Futures	Currency Futures : 0.050% to 0.030%	Currency Futures : 0.10%	Currency Futures : -	Currency Futures : Flat ₹20 per executed order	Currency Futures : ₹20 per lot (both side)
Currency Options	Currency Options : ₹25 to ₹10 per lot	Currency Options : ₹30 per lot	Currency Options : -	Currency Options : Flat ₹20 per executed order	Currency Options : ₹20 per lot (both side)
Monthly Fee	Monthly Fee :	Monthly Fee :	Monthly Fee : NA	Monthly Fee :	Monthly Fee :
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading :	Margin Trading : -	Margin Trading :	Margin Trading :
Commodity Futures	Commodity Futures : NA	Commodity Futures : 0.03%	Commodity Futures : 0.07%	Commodity Futures : Flat ₹20 per executed order	Commodity Futures : 0.05% (both side)
Commodity Options	Commodity Options : NA	Commodity Options : 0.03%	Commodity Options : -	Commodity Options : Flat ₹20 per executed order	Commodity Options :

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Transaction Charges (Per Crore)

ICICI Direct Transaction Charges (Per Crore) Equity Future is ₹180 per Cr (0.0018%) and Equity Options is ₹5000 per Cr (0.05%) (on premium) . Sharekhan Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) and Equity Options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) . Kotak Securities Transaction Charges (Per Crore) Equity Future is ₹1000 and Equity Options is ₹5000(on Sell trade premium) or 12500 (on options) . Angel Broking Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) and Equity Options is NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) . Motilal Oswal Transaction Charges (Per Crore) Equity Future is ₹200 per Cr (0.002%) and Equity Options is NSE ₹5110 per Cr (0.0511%) | BSE ₹200 per Cr (0.002%) (on premium) .

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Equity Delivery	Equity Delivery : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹275 per Cr (0.00275%) (each side)	Equity Delivery : ₹10,000	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)	Equity Delivery : NSE ₹335 per Cr (0.00335%) \| BSE ₹1000 per Cr (0.01%) (each side)
Equity Intraday	Equity Intraday : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹275 per Cr (0.00275%) (each side)	Equity Intraday : ₹2500	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹200 per Cr (0.002%) (each side)
Equity Future *	Equity Future : ₹180 per Cr (0.0018%)	Equity Future : NSE ₹190 per Cr (0.0019%) \| BSE ₹50 per Cr (0.00035) (each side)	Equity Future : ₹1000	Equity Future : NSE ₹190 per Cr (0.0019%) \| BSE ₹300 per Cr (0.003%) (each side)	Equity Future : ₹200 per Cr (0.002%)
Equity Options *	Equity Options : ₹5000 per Cr (0.05%) (on premium)	Equity Options : NSE ₹5000 per Cr (0.05%) \| BSE ₹50 per Cr (0.0005%) (on premium)	Equity Options : ₹5000(on Sell trade premium) or 12500 (on options)	Equity Options : NSE ₹5000 per Cr (0.05%) \| BSE ₹300 per Cr (0.003%) (on premium)	Equity Options : NSE ₹5110 per Cr (0.0511%) \| BSE ₹200 per Cr (0.002%) (on premium)
Currency Futures *	Currency Futures : ₹120 per Cr (0.0012%)	Currency Futures : NSE ₹135 per Cr (0.00135%) \| MCX ₹130 per Cr (0.00130%)	Currency Futures : NA	Currency Futures : ₹190 per Cr (0.0019%)	Currency Futures : ₹125 per Cr (0.00125%)
Currency Options	Currency Options : ₹5000 per Cr (0.05%) (on premium)	Currency Options : NSE ₹4220 per Cr (0.04220%) \| MCX ₹3220 per Cr (0.03220%) (on premium)	Currency Options : NA	Currency Options : NSE ₹5000 per Cr (0.05%)(on premium)	Currency Options : ₹4200 per Cr (0.042%)(on premium)
Commodity	Commodity : NA	Commodity : MCX (Non-Agri) ₹230 per Cr (0.0023%) \| MCX (Agri) ₹95 per Cr (0.00095%)	Commodity : ₹1000	Commodity : MCX ₹150 per Cr (0.0015%) \| NCDEX ₹300 per Cr (0.003%)	Commodity : MCX: ₹250 per Cr (0.0025%)

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Other Charges

ICICI Direct Minimum Brokerage is ₹35 per trade and Call & Trade is ₹25 per call after first 20 free calls per month . Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share and Call & Trade is Rs 20 . Kotak Securities Minimum Brokerage is 4 paise for delivery,
3 paise for intraday and futures orders and Call & Trade is ₹20 per call . Angel Broking Minimum Brokerage is Equity ₹20 | F&O ₹30 and Call & Trade is Additional ₹20 per executed order . Motilal Oswal Minimum Brokerage is ₹25 for Delivery and ₹12 for Intraday and Call & Trade is Nil .

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Minimum Brokerage	Minimum Brokerage : ₹35 per trade	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future ₹0.001 per share	Minimum Brokerage : 4 paise for delivery, 3 paise for intraday and futures orders	Minimum Brokerage : Equity ₹20 \| F&O ₹30	Minimum Brokerage : ₹25 for Delivery and ₹12 for Intraday
Call & Trade	Call & Trade : ₹25 per call after first 20 free calls per month	Call & Trade : Rs 20	Call & Trade : ₹20 per call	Call & Trade : Additional ₹20 per executed order	Call & Trade : Nil
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : Charges as per the state of residence	Stamp Duty : Charges as per the state of residence	Stamp Duty : Charges as per the state of residence	Stamp Duty : Charges as per the state of residence
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (Min ₹25 and Max ₹25,000)	DP Charges (on sell side) : Rs 0	DP Charges (on sell side) : 0.04% of transaction value (minimum Rs 27)	DP Charges (on sell side) : ₹20 per scrip	DP Charges (on sell side) : ₹20 or 0.025% of transaction value whichever is higher
Other Miscellaneous Charges	Other Miscellaneous Charges :	Other Miscellaneous Charges :	Other Miscellaneous Charges : -	Other Miscellaneous Charges :	Other Miscellaneous Charges : Minimum balance: ₹1,000

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Features

ICICI Direct and Sharekhan and Kotak Securities and Angel Broking and Motilal Oswal all offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Trading Platform	Trading Platform : Trade Racer Web, Desktop, ICICI Direct Mobile App	Trading Platform : TradeTiger Terminal, Sharekhan Website and Mobile App	Trading Platform : KEATProX, FASTLANE	Trading Platform : Angel Swift, Angel Eye, Speed Pro, Angel Lite	Trading Platform : Orion Lite, and MO Trader Mobile App
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes	Placing orders through charts : No	Placing orders through charts : No	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes	Trading Alerts : Yes	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 1	Research and Advice / Trading Tips : 0	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : 0	Research and Advice / Trading Tips : 0
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : Pattern finder,Class room training	Unique features & Offers : Bloom TV on Keat Pro trading Platform	Unique features & Offers : Daily, weekly and monthly reports of Equity, FO, Commadaties and Currency	Unique features & Offers : Unnati, Optional strategy charts
Referral Program	Referral Program : 0	Referral Program : 0	Referral Program : No	Referral Program : 1	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) :	Margin Against Shares (Equity Cash) : -	Margin Against Shares (Equity Cash) :	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) :	Margin Against Shares (Equity F&O) : -	Margin Against Shares (Equity F&O) :	Margin Against Shares (Equity F&O) : Yes

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Demat Account Charges

A comparative table of various demat account charges between ICICI Direct and Sharekhan and Kotak Securities and Angel Broking and Motilal Oswal is below:

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL	Depository Service Provider : CDSL & CDSL	Depository Service Provider : CDSL	Depository Service Provider : CDSL and NSDL
Account Opening Fee	Account Opening Fee : ₹975	Account Opening Fee : ₹0 (Free)	Account Opening Fee : Nil	Account Opening Fee : ₹600	Account Opening Fee : ₹0
Advance Deposit	Advance Deposit : ₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers.	Advance Deposit : ₹500 Advance which will be adjusted against billing (Optional) Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)	Advance Deposit : Nil	Advance Deposit : Life time Free AMC (charged upfront once): Nil rs 2500	Advance Deposit : Nil
AMC	AMC : ₹0	AMC : ₹0 (Free)	AMC : Individual (Resident): ₹780 p.a.Â for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions. NRI Account: ₹900 p.a. Corporate (Resident): ₹1200 p.a. Corporate (NRI): ₹1500 p.a. BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )	AMC : ₹0	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : ₹50 Per Demat Request Form and ₹3 For Each Certificates	Dematerialisation Charges : ₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )	Dematerialisation Charges : ₹3 per certificate plus ₹50 per request	Dematerialisation Charges : ₹20 per certificate	Dematerialisation Charges : ₹50 per certificate + ₹50 per request
Rematerialisation Charges	Rematerialisation Charges : ₹25 + CDSL charges at actual	Rematerialisation Charges : ₹50 per certificate or ₹50 for every hundred securities	Rematerialisation Charges : Individual Account: ₹10 for 100 shares (Minimum Payable ₹15) Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)	Rematerialisation Charges : ₹30 + Actual CDSL charges	Rematerialisation Charges : ₹35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹0 for trader on ICICIDirect.com	Transaction Charges (debit) : Rs 30 or 0.03% which ever is higher	Transaction Charges (debit) : Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes). Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).	Transaction Charges (debit) : ₹20 per debit transaction	Transaction Charges (debit) : ₹20 per debit transaction
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of ₹50	Pledge Creation Charges : 0.03 % of the value of the Transaction (Min ₹100 per transaction)	Pledge Creation Charges : 0.05% of the value of securities Minimum ₹30	Pledge Creation Charges : ₹25	Pledge Creation Charges : ₹35 per request
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : 0.05% of the value of securities Minimum ₹30	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Invocation Charges : Nil	Pledge Invocation Charges : 0.04% of the value of securities Minimum ₹30	Pledge Invocation Charges : ₹25	Pledge Invocation Charges : ₹35 or 0.02% (whichever is higher) per ISIN request
Failed Instruction Charges	Failed Instruction Charges : ₹30	Failed Instruction Charges : Nil	Failed Instruction Charges : Nil	Failed Instruction Charges : Nil	Failed Instruction Charges : Nil
Other Charges	Other Charges : 1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address. 2. ₹200 for restoring services if account is suspended for non payment of charges.	Other Charges : Freeze /De-freeze - ₹25 per request Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request for Tariff G	Other Charges : Charge for Client Master change intimation: ₹25/-	Other Charges : ₹25 per request for additional DIS	Other Charges : Demat Rejection: ₹50 per request

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 8,78,884 and Total Number of Branches is 154 . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 5,04,796+ and Total Number of Branches is 2800 . Kotak Securities Year of Incorporation is 1994 and Total Number of Clients is 4,43,400+ and Total Number of Branches is 1128+ . Angel Broking Year of Incorporation is 1987 and Total Number of Clients is 4,26,700+ and Total Number of Branches is 900 . Motilal Oswal Year of Incorporation is 1987 and Total Number of Clients is 3,23,543 and Total Number of Branches is 305 .

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 2000	Year of Incorporation : 1994	Year of Incorporation : 1987	Year of Incorporation : 1987
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE,MCX	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE, MCX
Demat Services	Demat Services : Yes	Demat Services : Yes	Demat Services : NSDL & CDSL	Demat Services : No	Demat Services : Yes
Website	Website : http://www.icicidirect.com	Website : http://www.sharekhan.com	Website : http://www.kotaksecurities.com	Website : https://www.angelbroking.com	Website : https://www.motilaloswal.com
Contact Details	Contact Details : 020-28307700	Contact Details : 022-61150000	Contact Details : 1800222299	Contact Details : 022-28358800	Contact Details : 022-30896680
Total Number of Clients	Total Number of Clients : 8,78,884	Total Number of Clients : 5,04,796+	Total Number of Clients : 4,43,400+	Total Number of Clients : 4,26,700+	Total Number of Clients : 3,23,543
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : 2800	Total Number of Branches : 1128+	Total Number of Branches : 900	Total Number of Branches : 305
Products *	Products : investment banking, institutional broking, retail broking, private wealth management, and financial product distribution	Products : investment banking, institutional broking, retail broking, private wealth management, and financial product distribution	Products : Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Charts and Data

ICICI Direct and Sharekhan and Kotak Securities and Angel Broking and Motilal Oswal all offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Live data source	Live data source : NSE, BSE	Live data source : Yes	Live data source : NSE, BSE, MCX	Live data source : Yes	Live data source : NSE, BSE, MCX
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes	Advanced Charting tools : Yes	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 82	No.of indicators : 30+	No.of indicators : 30	No.of indicators : 40+	No.of indicators : 40
No.of charts can be opened	No.of charts can be opened : 6	No.of charts can be opened : 10	No.of charts can be opened : 5	No.of charts can be opened : 4	No.of charts can be opened : 4
Live Scanners	Live Scanners : Yes	Live Scanners : Yes	Live Scanners : Yes	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : Yes	Customizable screeners : No	Customizable screeners : No	Customizable screeners : Yes
Trading from charts	Trading from charts : No	Trading from charts : Yes	Trading from charts : No	Trading from charts : No	Trading from charts : No
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : No
Options charts	Options charts : Yes	Options charts : Yes	Options charts : Yes	Options charts : Yes	Options charts : Yes
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : Yes	Continuous futures charts : Yes	Continuous futures charts : Yes	Continuous futures charts : Yes
Intraday historical data for charts	Intraday historical data for charts : 20 days	Intraday historical data for charts : 30 days	Intraday historical data for charts : 5 days	Intraday historical data for charts : 30 days	Intraday historical data for charts : 3 moths
End of Day historical data for charts	End of Day historical data for charts : 10 years	End of Day historical data for charts : 10 years	End of Day historical data for charts : 5 days	End of Day historical data for charts : 20 years	End of Day historical data for charts : 10 years
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : No	Corporate action adjusted charts : No	Corporate action adjusted charts : No	Corporate action adjusted charts : No
Back Testing	Back Testing : No	Back Testing : No	Back Testing : No	Back Testing : No	Back Testing : No
Options Chain	Options Chain : Yes	Options Chain : Yes	Options Chain : Yes	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes	Heat Maps : Yes	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : Yes	Analytics : No	Analytics : Yes	Analytics : No	Analytics : Yes
Price Ladder	Price Ladder : No	Price Ladder : No	Price Ladder : No	Price Ladder : No	Price Ladder : No

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Leverage

Leverage

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Equity Delivery	Equity Delivery : 5x with Interest	Equity Delivery : Upto 5x with 24% interest per year	Equity Delivery : -	Equity Delivery : Upto 3x with 24% interest per year	Equity Delivery : 4x
Equity Intraday	Equity Intraday : Upto 25x	Equity Intraday : Upto 10x	Equity Intraday : -	Equity Intraday : Upto 10x	Equity Intraday : 20x for Margin+ (Over 140 Stocks), 4x for other stocks
Equity Futures	Equity Futures : 4x	Equity Futures : 2x for Intraday	Equity Futures : -	Equity Futures : Upto 4x	Equity Futures : Upto 3x for Intraday
Equity Options	Equity Options : 2x for shorting	Equity Options : Nil	Equity Options : -	Equity Options : 3x for shorting	Equity Options : No exposure
Currency Futures	Currency Futures : NA	Currency Futures : Nil	Currency Futures : -	Currency Futures : Upto 2x	Currency Futures : NA
Currency Options	Currency Options : NA	Currency Options : Nil	Currency Options : -	Currency Options : Upto 5x for shorting	Currency Options : No exposure
Commodity Futures	Commodity Futures : NA	Commodity Futures : Upto 2x for Intraday	Commodity Futures : -	Commodity Futures : 3x	Commodity Futures : Upto 3x for Intraday
Commodity Options	Commodity Options :	Commodity Options :	Commodity Options : -	Commodity Options :	Commodity Options : No exposure

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Orders

Orders

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes	After Market Orders (AMO) : No	After Market Orders (AMO) : No
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : -	Buy Today Sell Tomorrow (BTST) :	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : -	Sell Today Buy Tomorrow (STBT) :	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : -	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Research and Advice / Trading Tips

Research and Advice / Trading Tips

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : Yes	Equity Trading Recommendation : Yes	Equity Trading Recommendation : Yes	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : Yes	Equity Investment Recommendation : Yes	Equity Investment Recommendation : Yes	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : Yes	Comparison : Yes	Comparison : Yes	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : Yes	Free Tips : Yes	Free Tips : Yes	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes	Daily Market report : Yes	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : Yes	ETF research : Yes	ETF research : Yes	ETF research : Yes	ETF research : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes	Quarterly Results : Yes	Quarterly Results : Yes	Quarterly Results : Yes

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.25,000 to Rs.2,00,000	Investment required for Franchisee / AP : Rs.50,000	Investment required for Franchisee / AP : Minimum deposit of Rs 3 lakh (negotiable)	Investment required for Franchisee / AP : Rs.50,000	Investment required for Franchisee / AP : Rs.10000 to Rs.10,00,000

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Product & Services

ICICI Direct and Sharekhan and Kotak Securities and Angel Broking and Motilal Oswal all offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes	Delivery Based Trading : Yes	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes	Margin Trading : Yes	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in Trade : Yes	Call in Trade : Yes	Call in Trade : Yes	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes	Limit Order : Yes	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : Yes	NRI Services : Yes	NRI Services : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes	SMS Alerts : Yes	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : Yes	Offers Multiple Plan : No	Offers Multiple Plan : Yes	Offers Multiple Plan : No
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes	IPO Investment : Yes	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes	Portfolio Analysis : Yes	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes	Advanced Charting Features : Yes	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : No	Brokerage Calculator : No	Brokerage Calculator : No	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : No	Margin Calculator : No	Margin Calculator : No	Margin Calculator : No	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes	Stop Loss Order : Yes	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : No
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes	Market Trading : Yes	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No	Aumtomated Trading : No	Aumtomated Trading : No	Aumtomated Trading : No

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Customer Services

ICICI Direct and Sharekhan and Kotak Securities and Angel Broking and Motilal Oswal all offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Toll Free Number *	Toll Free Number : No	Toll Free Number : Yes	Toll Free Number : Yes	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : Yes	Live Chat Facility : Yes	Live Chat Facility : Yes	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes	Email Facility : Yes	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : Yes	Branch Offices : Yes	Branch Offices : Yes	Branch Offices : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes	Customer Care : Yes	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : Yes	Community Service : Yes	Community Service : Yes	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : -	Relationship Manager : -	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No	24/7 Support : No	24/7 Support : No	24/7 Support : No

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Other Investement

ICICI Direct and Sharekhan and Kotak Securities and Angel Broking and Motilal Oswal all offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes	Commodity Trading : Yes	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes	Investment in ETFs : Yes	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : Yes	Investment in Bonds : Yes	Investment in Bonds : Yes	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : Yes	Insurance Services : No	Insurance Services : Yes	Insurance Services : No	Insurance Services : Yes
Banking Services *	Banking Services : Yes	Banking Services : No	Banking Services : Yes	Banking Services : No	Banking Services : No

ICICI Direct vs Sharekhan vs Kotak Securities vs Angel Broking vs Motilal Oswal Trading PlatForm

ICICI Direct and Sharekhan and Kotak Securities and Angel Broking and Motilal Oswal all offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Web Platform *	Web Platform : Yes	Web Platform : Yes	Web Platform : Yes	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes	Android Mobile App : Yes	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes	Desktop Windows : Yes	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : Yes	Desktop Mac : No	Desktop Mac : No	Desktop Mac : Yes	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes	I-Pad App : Yes	I-Pad App : Yes	I-Pad App : No
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : -	Virtual Trading : No	Virtual Trading : No	Virtual Trading : Yes
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes	iPhone Mobile App : Yes	iPhone Mobile App : Yes	iPhone Mobile App : Yes

	ICICI Direct	Sharekhan	Kotak Securities	Angel Broking	Motilal Oswal
Financials *	Financials : Yes	Financials : No	Financials : Yes	Financials : No	Financials : Yes
News *	News :	News :	News : Yes	News :	News :
Company Analysis *	Company Analysis : Yes	Company Analysis : No	Company Analysis : Yes	Company Analysis : No	Company Analysis : Yes
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