Check reviews of other Share brokers

FINVASIA vs ICICI Direct (Compare FINVASIA and ICICI Direct)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between FINVASIA vs ICICI Direct, Below comparison of FINVASIA vs ICICI Direct highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of FINVASIA vs ICICI Direct is given below:

FINVASIA

ICICI Direct

Open Account

	FINVASIA	ICICI Direct

About The Brokers	FINVASIA : "Finvasia is a discounted stock broker that offers lifetime zero brokerage on all equity delivery and intraday trades on BSE, NSE, NCDEX, and MCX. In addition to that, >>> more	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
Find More Information about the Broker :	FINVASIA : OVERVIEW BROKERAGE PRODUCTS & SERVICES	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	FINVASIA : Discount Broker	ICICI Direct : Full Service Broker
Promo/offers	FINVASIA : N/A	ICICI Direct : Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
Advantage	FINVASIA : Finvasia offers lifetime free brokerage to its users which means they don’t charge any brokerage on trades, the customers is supposed to pay govt taxes , Stock exchange charges and monthly trading platform charges for using some advance tools & trading platforms. Finvasia offers free Demat + trading account opening and unlimited call & trade. Finvasia also offers free trade clearing. MCX Commodity trading offers GTC orders for all users Finvasia offers free trading software — ScalperT where the users can do trading on the web and through mobile apps. Finvasia offers APIs and Algo trading tools. Finvasia offers seamless KYC and Aadhar eSign facility to fasten the account opening process. Finvasia offers users advanced order types — cover order and bracket at the lowest fees. In addition to stock trading, Finvasia also offers Investment opportunity in Bonds, IPO and Mutual Funds. Finvasia offers excellent NRI trading. Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform. Online Chat support is available Online IPO Application facility is available for its customers Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.	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 Instant payout for your stocks sold (eATM) By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !
Disadvantage	FINVASIA : There is no dedicated relationship manager in Finvasia; thus the traders need to look out for their portfolios themselves Does not provide 3in1 account facility. Finvasia charges for Advance order types like Bracket orders etc. Trading platforms like NEST and NOW are chargeable. GTC orders are not available at NSE and BSE. They are available at MCX. Finvasia is online broker and does not have any branches for local support. Scalpter (trading website) has only 1 min charting frame.	ICICI Direct : Very High delivery brokerage. Not a good fit for small and penny stock traders. Charges for trading terminal usage. High Minimum Brokerage Charges.
Why This	FINVASIA : The first discounted stockbroker in India offers lifetime brokerage free Demat + Trading account with Zero AMC, Free call & trade services, zero clearing services, and lowest transaction charges on equity delivery, intraday, and F&O. Finvasia offers a wide range of products under one roof — stock trading, commodities, currencies, mutual funds, IPOs, FPI (Foreign Portfolio Investors), NRI trading, wealth management to High Net Worth Individuals (HNIs), investment in real estate, and many more. Finvasia offers five excellent trading platforms to cater to different types of traders — ScalperT, NEST (Omnisys Powered Trading Terminal), NSE NOW, Blitz Trader (Algorithmic Trading Platform), and Symphony Presto. Finvasia offers quick paperless online account opening within 5 minutes. Finvasia trading platforms are available on Windows, MacBook, Android, and iOS platforms. Other features: advanced market search, live streaming prices, quick order execution, interactive charts, global indices, and many more. Finvasia offers a user-friendly trading platform with a global buy and sells window. Finvasia offers financial trading services to the NRIs, PIO (Person Indian Origin)/OCI (Overseas Citizens of India), Foreign Nationals, and QFI (Qualified foreign investor) that are interested to invest in the Indian market. Finvasia offers FPI (Foreign Portfolio Investors) from globally. FPI is offered by limited brokers in India and Finvasia is one of them even being a discounted broker. Finvasia offers excellent wealth management resolutions to High Net Worth individuals based in India and NRIs.	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
		Open Account

FINVASIA vs ICICI Direct Account Opening & AMC Charges

FINVASIA Trading Account Opening Fee is Rs 0 (Free) and ICICI Direct Trading Account Opening Fee is Rs 0 (Free) . FINVASIA Demat Account AMC is Rs 0 per year (Lifetime Zero AMC) and ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) .

	FINVASIA	ICICI Direct
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 0 per year (Lifetime Zero AMC)	Demat Account AMC : Rs 300 (from 2nd year)
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

FINVASIA vs ICICI Direct Brokerage Charges

FINVASIA Brokerage Charges Equity Delivery is Rs 0 and Equity Intraday is Rs 0 and Equity Options is Rs 0 . ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

	FINVASIA	ICICI Direct
Plan Name	Plan Name : Finvasia default Brokerage Plan	Plan Name : I-Secure Plan	Plan Name : ICICIDirect Neo Plan
Equity Delivery	Equity Delivery : Rs 0	Equity Delivery : 0.55%	Equity Delivery : 0.55%
Equity Intraday	Equity Intraday : Rs 0	Equity Intraday : Rs 20 per order	Equity Intraday : 0.275%
Equity Future	Equity Future : Rs 0	Equity Future : Rs 0 (Free)	Equity Future : 0.05%
Equity Options	Equity Options : Rs 0	Equity Options : Rs 20 per order	Equity Options : Rs 95 per lot
Currency Futures	Currency Futures : Rs 0	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 0	Currency Options : Rs 20 per order	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading :	Margin Trading : 0.05% - 0.03%	Margin Trading : 0.05% - 0.03%
Commodity Futures	Commodity Futures : Rs 0	Commodity Futures : Rs 20 per order	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : Rs 0	Commodity Options : Rs 20 per order	Commodity Options : Rs 20 per order
	Open Account	Open Account

FINVASIA vs ICICI Direct Exchange Transaction Charges

FINVASIA Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . ICICI Direct Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	FINVASIA	ICICI Direct
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

FINVASIA vs ICICI Direct Other Charges

FINVASIA Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 . ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade .

	FINVASIA	ICICI Direct
Minimum Brokerage	Minimum Brokerage : Rs 0	Minimum Brokerage : Rs 35 per trade (I-Secure Plan)
Call & Trade	Call & Trade : Rs 0	Call & Trade : Rs 50 per trade
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹9 (including CDSL Charges)	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : Bracket Orders in NEST: Rs 99 per month	Other Miscellaneous Charges : Margin Trading Interest: 0.025% Per day
	Open Account	Open Account

FINVASIA vs ICICI Direct Features

FINVASIA and ICICI Direct both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	FINVASIA	ICICI Direct
Trading Platform	Trading Platform : Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto	Trading Platform : ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : -
Trading Alerts	Trading Alerts : No	Trading Alerts : -
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : -
Unique features & Offers	Unique features & Offers :	Unique features & Offers : Offer 3-in-1 Account. Support in local ICICI Bank branches. Trusted brand.
Referral Program	Referral Program : 0	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

FINVASIA vs ICICI Direct Demat Account Charges

A comparative table of various demat account charges between FINVASIA and ICICI Direct is below:

	FINVASIA	ICICI Direct
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : NSDL
Account Opening Fee	Account Opening Fee : â‚¹0 (+ stamp charge of â‚¹199)	Account Opening Fee : Stamp Duty at actuals
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : â‚¹0 for ICICI Bank customers. â‚¹7500 for Non ICICI BANK customers.
AMC	AMC : â‚¹0 for Individual/HUF/NRI â‚¹1000 per year for corporate	AMC : For Individual account: â‚¹700 p.a. For Corporate account: â‚¹1500 p.a.
Dematerialisation Charges	Dematerialisation Charges : â‚¹15 + â‚¹99 Courier charges	Dematerialisation Charges : â‚¹50 Per Demat Request Form and â‚¹10 For Each Certificates
Rematerialisation Charges	Rematerialisation Charges : â‚¹15 + â‚¹99 Courier charges	Rematerialisation Charges : â‚¹25 + CDSL charges at actual
Transaction Charges (Credit)	Transaction Charges (Credit) :	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹9 (including CDSL Fee)	Transaction Charges (debit) : For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum â‚¹30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum â‚¹30 & maximum â‚¹25,000 )
Pledge Creation Charges	Pledge Creation Charges : â‚¹25 + NSDL Charges	Pledge Creation Charges : 0.02% or minimum of â‚¹35
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges :	Pledge Creation Confirmation Charges : 0.02% or minimum of â‚¹35
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹25 + NSDL Charges	Pledge Invocation Charges : 0.02% or minimum of â‚¹35
Failed Instruction Charges	Failed Instruction Charges : â‚¹49 per transaction	Failed Instruction Charges : -
Other Charges	Other Charges : Periodic Statements - Email: Free \| Physical: â‚¹99 Courier Charges Adhoc / Non Periodic Statement - Email: Free \| Physical: â‚¹5 per page + â‚¹99 Courier Charges Delivery Instructions - First Booklet: Free \| Additional: â‚¹99 for 10 leaves Check Bounce - â‚¹299 Failed Transaction - â‚¹49 per transcaction Modification in Client Information - â‚¹19 per request Demat Closure Account - Nil Delay Payment Charges - 2% per month on T+2 days	Other Charges : â‚¹200 for restoring services if account is suspended for non payment of charges.
	Open Account	Open Account

FINVASIA vs ICICI Direct Basic Details

FINVASIA Year of Incorporation is 2013 and Total Number of Clients is 81004 and Total Number of Branches is 1 . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1869925 and Total Number of Branches is 154 .

	FINVASIA	ICICI Direct
Year of Incorporation	Year of Incorporation : 2013	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE, MCX	Active Exchange Memberships : -
Demat Services	Demat Services : No	Demat Services : Yes
Website	Website : https://finvasia.com/	Website : -
Contact Details	Contact Details : +911726670000	Contact Details : -
Total Number of Clients	Total Number of Clients : 81,004	Total Number of Clients : 1,869,925
Total Number of Branches	Total Number of Branches : 1	Total Number of Branches : 154
Products *	Products : Mutual Fund, Broking , NPS , Global Stocks, ETF	Products : -
	Open Account	Open Account

FINVASIA vs ICICI Direct Orders

Orders

	FINVASIA	ICICI Direct
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : No
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

FINVASIA vs ICICI Direct Research and Advice / Trading Tips

Research and Advice / Trading Tips

	FINVASIA	ICICI Direct
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : -
Comparison *	Comparison : No	Comparison : -
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : -
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes
	Open Account	Open Account

FINVASIA vs ICICI Direct Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	FINVASIA	ICICI Direct
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : -
	Open Account	Open Account

FINVASIA vs ICICI Direct Product & Services

FINVASIA and ICICI Direct both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

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

FINVASIA vs ICICI Direct Customer Services

FINVASIA and ICICI Direct both 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:

	FINVASIA	ICICI Direct
Toll Free Number *	Toll Free Number : No	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : No	Branch Offices : -
Customer Care *	Customer Care : Info Not Available	Customer Care : -
Community Service *	Community Service : No	Community Service : -
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -
	Open Account	Open Account

FINVASIA vs ICICI Direct Other Investement

FINVASIA and ICICI Direct both 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:

	FINVASIA	ICICI Direct
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : No	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -
	Open Account	Open Account

FINVASIA vs ICICI Direct Trading Platform

FINVASIA and ICICI Direct both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	FINVASIA	ICICI Direct
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : No	I-Pad App : -
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : -
Contact Now
	Open Account	Open Account