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ICICI Direct vs TradeSmart (Compare ICICI Direct and TradeSmart)

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 TradeSmart, Below comparison of ICICI Direct vs TradeSmart 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 TradeSmart is given below:

ICICI Direct

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TradeSmart

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	ICICI Direct	TradeSmart

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	TradeSmart : "Trade Smart Online makes its mark in the discount trading space by providing clients with multiple options, trading tools and fixed price plans for trading in equity >>> more
Find More Information about the Broker :	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	TradeSmart : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	ICICI Direct : Full Service Broker	TradeSmart : Discount 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	TradeSmart : Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
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 !	TradeSmart : Rs 15 flat-fee trades. Unlimited Trading Plan to offer. Own DP services Support Offer For Sale(OFS).
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.	TradeSmart : No support for NRI trading. Does not facility to invest in IPO. Does not provide facility to invest in Mutual Funds, Bonds. No in-house research
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	TradeSmart : Wide range of plans to select from depending on your trading requirements. Choose from Flat Rs 15 per order 0.007% for intraday Monthly unlimited trading plans Pay when you use, if not trading in any month then no monthly charges. Provide one of the highest intraday exposures in the industry so you can have the freedom to make big decisions without having to worry about limited funds 2 decades of Experience Trading tools like Span Calculator, Bracket Orders & Trailing Stop loss. Team of 100+ provide support over phone, email and chat to thousands of customers Can change brokerage plans, flexibility in changing brokerage plans. Lowest transaction charges i.e Turnover/Clearing charges. Own DP service.
	Open Account	Open Account

ICICI Direct vs TradeSmart Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is Rs 0 (Free) and TradeSmart Trading Account Opening Fee is Rs 200 . ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) and TradeSmart Demat Account AMC is Rs 300 .

	ICICI Direct	TradeSmart
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 200
Demat Account AMC	Demat Account AMC : Rs 300 (from 2nd year)	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0
	Open Account	Open Account

ICICI Direct vs TradeSmart Brokerage Charges

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 . TradeSmart Brokerage Charges Equity Delivery is Rs 15 per order and Equity Intraday is Rs 15 per order and Equity Options is Rs 15 per order .

	ICICI Direct		TradeSmart
Plan Name	Plan Name : I-Secure Plan	Plan Name : ICICIDirect Neo Plan	Plan Name : Power Plan (₹15/Order)	Plan Name : Value Plan
Equity Delivery	Equity Delivery : 0.55%	Equity Delivery : 0.55%	Equity Delivery : Rs 15 per order	Equity Delivery : 0.07%
Equity Intraday	Equity Intraday : Rs 20 per order	Equity Intraday : 0.275%	Equity Intraday : Rs 15 per order	Equity Intraday : 0.007%
Equity Future	Equity Future : Rs 0 (Free)	Equity Future : 0.05%	Equity Future : Rs 15 per order	Equity Future : 0.007%
Equity Options	Equity Options : Rs 20 per order	Equity Options : Rs 95 per lot	Equity Options : Rs 15 per order	Equity Options : Rs 7 Per Lot
Currency Futures	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per order	Currency Futures : Rs 15 per order	Currency Futures : 0.007%
Currency Options	Currency Options : Rs 20 per order	Currency Options : Rs 20 per order	Currency Options : Rs 15 per order	Currency Options : Rs 7 Per Lot
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading : 0.05% - 0.03%	Margin Trading : Rs 15	Margin Trading : Rs 15
Commodity Futures	Commodity Futures : Rs 20 per order	Commodity Futures : Rs 20 per order	Commodity Futures : Rs 15 per order	Commodity Futures : 0.007%
Commodity Options	Commodity Options : Rs 20 per order	Commodity Options : Rs 20 per order	Commodity Options : Rs 15 per order	Commodity Options : Rs 7 Per Lot
	Open Account		Open Account

ICICI Direct vs TradeSmart Exchange Transaction Charges

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) . TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% .

	ICICI Direct	TradeSmart
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : 0.0035%
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : 0.0035%
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : 0.0024%
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : 0.0715%
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : 0.00165%
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : 0.06%
Commodity	Commodity : Group A - Rs 260 per Cr (0.0026%)	Commodity : 0.0039%
	Open Account	Open Account

ICICI Direct vs TradeSmart Other Charges

ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade . TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order .

	ICICI Direct	TradeSmart
Minimum Brokerage	Minimum Brokerage : Rs 35 per trade (I-Secure Plan)	Minimum Brokerage : Rs 15 per executed order
Call & Trade	Call & Trade : Rs 50 per trade	Call & Trade : Rs 20 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : Rs 15 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : Margin Trading Interest: 0.025% Per day	Other Miscellaneous Charges : Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
	Open Account	Open Account

ICICI Direct vs TradeSmart Features

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

	ICICI Direct	TradeSmart
Trading Platform	Trading Platform : ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Trading Platform : NEST, NOW, Spin
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : No
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 : -
Referral Program	Referral Program : -	Referral Program : 1
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
	Open Account	Open Account

ICICI Direct vs TradeSmart Demat Account Charges

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

	ICICI Direct	TradeSmart
Depository Service Provider	Depository Service Provider : NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Stamp Duty at actuals	Account Opening Fee : Rs 500
Advance Deposit	Advance Deposit : â‚¹0 for ICICI Bank customers. â‚¹7500 for Non ICICI BANK customers.	Advance Deposit : Nil
AMC	AMC : For Individual account: â‚¹700 p.a. For Corporate account: â‚¹1500 p.a.	AMC : Individual Account: Rs 300 per year Corporate Account: Rs 800 per year
Dematerialisation Charges	Dematerialisation Charges : â‚¹50 Per Demat Request Form and â‚¹10 For Each Certificates	Dematerialisation Charges : Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>
Rematerialisation Charges	Rematerialisation Charges : â‚¹25 + CDSL charges at actual	Rematerialisation Charges : Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>
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 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 )	Transaction Charges (debit) : Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of â‚¹35	Pledge Creation Charges : Rs 200 per scrip
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : 0.02% or minimum of â‚¹35	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : 0.02% or minimum of â‚¹35	Pledge Invocation Charges : Rs 200 minimum or 0.01% which ever is higher
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : â‚¹200 for restoring services if account is suspended for non payment of charges.	Other Charges : Late instruction: 0.1% scrip value Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges Physical transaction statement: Rs 50 per BO statement plus courier charges Cheque dishonour charges: Rs 200 per instance Offmarket transfer (DP): Rs 25 plus service tax Inter DP transfer: Rs 25 plus service tax KRA Modification: Rs 35 plus service tax
	Open Account	Open Account

ICICI Direct vs TradeSmart Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1869925 and Total Number of Branches is 154 . TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 .

	ICICI Direct	TradeSmart
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : -	Website : https://tradesmartonline.in/
Contact Details	Contact Details : -	Contact Details : 022 61208000
Total Number of Clients	Total Number of Clients : 1,869,925	Total Number of Clients : 30,376
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : 1
Products *	Products : -	Products : -
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ICICI Direct vs TradeSmart Orders

Orders

	ICICI Direct	TradeSmart
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) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : No
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) : Yes
	Open Account	Open Account

ICICI Direct vs TradeSmart Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

ICICI Direct vs TradeSmart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

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

ICICI Direct vs TradeSmart Product & Services

ICICI Direct and TradeSmart 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	TradeSmart
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : No
Call N Trade *	Call N Trade : -	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : -	Limit Order : No
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 : No
SMS Alerts *	SMS Alerts : No	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : -	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : Yes
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 : No
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : No
	Open Account	Open Account

ICICI Direct vs TradeSmart Customer Services

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

ICICI Direct vs TradeSmart Other Investement

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

ICICI Direct vs TradeSmart Trading Platform

ICICI Direct and TradeSmart 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	TradeSmart
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 : No
I-Pad App *	I-Pad App : -	I-Pad App : No
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : Yes
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	Open Account	Open Account