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ICICI Direct vs SBICAP Securities (Compare ICICI Direct and SBICAP Securities)

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 ICICI Direct vs SBICAP Securities, Below comparison of ICICI Direct vs SBICAP Securities 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 ICICI Direct vs SBICAP Securities is given below:

ICICI Direct

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SBICAP Securities

	ICICI Direct	SBICAP Securities

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	SBICAP Securities : "SBICAP Securities is certainly a renowned name in share brokerage Industry with over 2lakh active customer base, powerful online trading tools, Research based investm >>> more
Find More Information about the Broker :	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	SBICAP Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	ICICI Direct : Full Service Broker	SBICAP Securities : Full Service Broker
Promo/offers	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	SBICAP Securities : N/A
Advantage	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 !	SBICAP Securities : 3-in-1 online trading account. Full-service broker Supported by both NSE and BSE Research tips and research reports are up to the mark Instant fund and share transfer facility available Huge geographical availability SBICAP offer 30 calls free in a month
Disadvantage	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.	SBICAP Securities : Trading account and demat account opening fees are comparatively high. 24/7 customer services are not provided The low user experience when comes to technology
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	SBICAP Securities : SBICAP Securities believes in making you take right decision by yourself. They provide excellent guidance for the investment. Being bank broker, they provide a 3-in-1 account (Demat+Trading+Bank Account) The bank account is linked with trading account making your transactions simpler. There is long list of product and service of SBICAP Securities and also provide facilities to Indian and NRIs. They provide services of Mutual funds, IPOs, Equity Cash, Equity Derivatives, Currency Derivatives, Loan against securities.and many more.
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ICICI Direct vs SBICAP Securities Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is Rs 0 (Free) and SBICAP Securities Trading Account Opening Fee is ₹850 . ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) and SBICAP Securities Demat Account AMC is ₹350 .

	ICICI Direct	SBICAP Securities
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : ₹850
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : Rs 300 (from 2nd year)	Demat Account AMC : ₹350
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : ₹0

ICICI Direct vs SBICAP Securities Brokerage Charges

ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is Rs 95 per lot . SBICAP Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is ₹100 per lot .

	ICICI Direct		SBICAP Securities
Plan Name	Plan Name : I-Secure Plan	Plan Name : ICICIDirect Neo Plan	Plan Name : eZ-trade
Equity Delivery	Equity Delivery : 0.55%	Equity Delivery : 0.55%	Equity Delivery : 0.50%
Equity Intraday	Equity Intraday : 0.275%	Equity Intraday : Rs 20 per order	Equity Intraday : 0.05%
Equity Future	Equity Future : 0.05%	Equity Future : Rs 0 (Free)	Equity Future : 0.05%
Equity Options	Equity Options : Rs 95 per lot	Equity Options : Rs 20 per order	Equity Options : ₹100 per lot
Currency Futures	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per order	Currency Futures : 0.03%
Currency Options	Currency Options : Rs 20 per order	Currency Options : Rs 20 per order	Currency Options : ₹30 per lot
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading : 0.05% - 0.03%	Margin Trading : -
Commodity Futures	Commodity Futures : Rs 20 per order	Commodity Futures : Rs 20 per order	Commodity Futures : NA
Commodity Options	Commodity Options : Rs 20 per order	Commodity Options : Rs 20 per order	Commodity Options : NA

ICICI Direct vs SBICAP Securities Exchange Transaction Charges

ICICI Direct Exchange Transaction Charges Equity Future is Rs 180 per Cr (0.0018%) and Equity Options is Rs 5000 per Cr (0.05%) (on premium) . SBICAP Securities Exchange Transaction Charges Equity Future is NSE: 0.002206% (₹221/Crore) and Equity Options is NSE: 0.05515% (₹5515/Crore) .

	ICICI Direct	SBICAP Securities
Equity Delivery	Equity Delivery : NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	Equity Delivery : NSE: 0.00386% \| BSE: 0.00384%
Equity Intraday	Equity Intraday : NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	Equity Intraday : NSE: 0.00386% \| BSE: 0.00384%
Equity Future *	Equity Future : Rs 180 per Cr (0.0018%)	Equity Future : NSE: 0.002206% (₹221/Crore)
Equity Options *	Equity Options : Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE: 0.05515% (₹5515/Crore)
Currency Futures *	Currency Futures : Rs 120 per Cr (0.0012%)	Currency Futures : 0.002206%
Currency Options	Currency Options : Rs 5000 per Cr (0.05%) (on premium)	Currency Options : NSE: 0.05515% (₹5515/Crore)
Commodity	Commodity : Group A - Rs 260 per Cr (0.0026%)	Commodity : -

ICICI Direct vs SBICAP Securities Other Charges

ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade . SBICAP Securities Minimum Brokerage is ₹0.05 for Cash, ₹0.01 Future and Call & Trade is ₹10 per call (after 30 free calls a month) .

	ICICI Direct	SBICAP Securities
Minimum Brokerage	Minimum Brokerage : Rs 35 per trade (I-Secure Plan)	Minimum Brokerage : ₹0.05 for Cash, ₹0.01 Future
Call & Trade	Call & Trade : Rs 50 per trade	Call & Trade : ₹10 per call (after 30 free calls a month)
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : 0.01% (Minimum ₹21, Maximum ₹300)
Other Miscellaneous Charges	Other Miscellaneous Charges : Margin Trading Interest: 0.025% Per day	Other Miscellaneous Charges : -

ICICI Direct vs SBICAP Securities Features

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

	ICICI Direct	SBICAP Securities
Trading Platform	Trading Platform : ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Trading Platform : ODIN, SBISMART web, desktop and desktop
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : -	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Offer 3-in-1 Account. Support in local ICICI Bank branches. Trusted brand.	Unique features & Offers : Bubble maps. Financial maps
Referral Program	Referral Program : -	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	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) : Yes

ICICI Direct vs SBICAP Securities Demat Account Charges

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

	ICICI Direct	SBICAP Securities
Depository Service Provider	Depository Service Provider : NSDL	Depository Service Provider : CDSL & NSDL
Account Opening Fee	Account Opening Fee : Stamp Duty at actuals	Account Opening Fee : ₹850
Advance Deposit	Advance Deposit : Rs 0 for ICICI Bank customers. Rs 7500 for Non ICICI BANK customers.	Advance Deposit : Nil
AMC	AMC : For Individual account: Rs 700 p.a. For Corporate account: Rs 1500 p.a.	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : Rs 50 Per Demat Request Form and Rs 10 For Each Certificates	Dematerialisation Charges : ₹5 per cert + ₹35 courier charges per request
Rematerialisation Charges	Rematerialisation Charges : Rs 25 + CDSL charges at actual	Rematerialisation Charges : ₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30 & maximum Rs 25,000 )	Transaction Charges (debit) : 0.01% (Min ₹21, Max ₹300)
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of Rs 35	Pledge Creation Charges : If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : 0.02% or minimum of Rs 35	Pledge Creation Confirmation Charges : If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Pledge Invocation Charges	Pledge Invocation Charges : 0.02% or minimum of Rs 35	Pledge Invocation Charges : If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : ₹10 per failed instruction.
Other Charges	Other Charges : Rs 200 for restoring services if account is suspended for non payment of charges.	Other Charges : -

ICICI Direct vs SBICAP Securities Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 2798455 and Total Number of Branches is 154 . SBICAP Securities Year of Incorporation is 2001 and Total Number of Clients is 635406 and Total Number of Branches is 117 .

	ICICI Direct	SBICAP Securities
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 2001
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : -	Website : http://www.sbismart.com
Contact Details	Contact Details : -	Contact Details : 18002099345
Total Number of Clients	Total Number of Clients : 2,798,455	Total Number of Clients : 635,406
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : 117
Products *	Products : -	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution

ICICI Direct vs SBICAP Securities Orders

Orders

	ICICI Direct	SBICAP Securities
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) : No	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	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
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) : Yes	Good Till Cancelled (GTC) : No

ICICI Direct vs SBICAP Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

	ICICI Direct	SBICAP Securities
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : Yes
Comparison *	Comparison : -	Comparison : Yes
Free Tips *	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : -	ETF research : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes

ICICI Direct vs SBICAP Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	ICICI Direct	SBICAP Securities
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000

ICICI Direct vs SBICAP Securities Product & Services

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

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

ICICI Direct vs SBICAP Securities Customer Services

ICICI Direct and SBICAP Securities 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:

	ICICI Direct	SBICAP Securities
Toll Free Number *	Toll Free Number : -	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : No
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : Yes
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : -	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : No

ICICI Direct vs SBICAP Securities Other Investement

ICICI Direct and SBICAP Securities 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:

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

ICICI Direct vs SBICAP Securities Trading Platform

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

	ICICI Direct	SBICAP Securities
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : Yes
I-Pad App *	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes
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