ICICI Direct vs Trade Smart (Compare ICICI Direct vs Trade Smart)

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 Trade Smart, Below comparison of ICICI Direct vs Trade Smart 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.

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One on One comparison of ICICI Direct vs Trade Smart is given below:

ICICI Direct

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Trade Smart

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	ICICI Direct	Trade Smart

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	Trade Smart : "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	Trade Smart : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	ICICI Direct : Full Service Broker	Trade Smart : Discount Broker
Promo/offers	ICICI Direct : Special Offer: Free Futures Trading + Intraday Trading charges at Flat ₹20 + Commodity & Currency Derivative at Flat ₹20. Get the offer	Trade Smart : 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 !	Trade Smart : 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.	Trade Smart : 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	Trade Smart : 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.

ICICI Direct vs Trade Smart Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is ₹975 and Trade Smart Trading Account Opening Fee is ₹200 . ICICI Direct Demat Account AMC is ₹700 and Trade Smart Demat Account AMC is ₹300 .

	ICICI Direct	Trade Smart
Trading Account Opening Fee	Trading Account Opening Fee : ₹975	Trading Account Opening Fee : ₹200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹200
Demat Account AMC	Demat Account AMC : ₹700	Demat Account AMC : ₹300
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

ICICI Direct vs Trade Smart 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 . Trade Smart Brokerage Charges Equity Delivery is ₹15 and Equity Intraday is ₹15 and Equity Options is ₹15 .

	ICICI Direct	Trade Smart
Plan Name	Plan Name : I-Saver Plan	Plan Name : Power Plan (₹15/Order)
Equity Delivery	Equity Delivery : 0.55%	Equity Delivery : ₹15
Equity Intraday	Equity Intraday : 0.275%	Equity Intraday : ₹15
Equity Future	Equity Future : 0.05% to 0.03%	Equity Future : ₹15
Equity Options	Equity Options : ₹95 to ₹35 per lot	Equity Options : ₹15
Currency Futures	Currency Futures : 0.050% to 0.030%	Currency Futures : ₹15
Currency Options	Currency Options : ₹25 to ₹10 per lot	Currency Options : ₹15
Monthly Fee	Monthly Fee : -	Monthly Fee : NA
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : ₹15
Commodity Options	Commodity Options : NA	Commodity Options : -

ICICI Direct vs Trade Smart 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) . Trade Smart Transaction Charges (Per Crore) Equity Future is NSE : 0.0024%, BSE Rs. 1.5 per Trade and Equity Options is NSE : 0.0715%, BSE Rs. 1.5 per Trade .

	ICICI Direct	Trade Smart
Equity Delivery	Equity Delivery : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Delivery : NSE : 0.00350%, BSE Rs. 1.5 per Trade
Equity Intraday	Equity Intraday : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Intraday : NSE : 0.00350%, BSE Rs. 1.5 per Trade
Equity Future *	Equity Future : ₹180 per Cr (0.0018%)	Equity Future : NSE : 0.0024%, BSE Rs. 1.5 per Trade
Equity Options *	Equity Options : ₹5000 per Cr (0.05%) (on premium)	Equity Options : NSE : 0.0715%, BSE Rs. 1.5 per Trade
Currency Futures *	Currency Futures : ₹120 per Cr (0.0012%)	Currency Futures : NSE: 0.00165%
Currency Options	Currency Options : ₹5000 per Cr (0.05%) (on premium)	Currency Options : NSE: 0.06%
Commodity	Commodity : NA	Commodity : Non-Agri: 0.0044% \| Agri: 0.00175%

ICICI Direct vs Trade Smart Other Charges

ICICI Direct Minimum Brokerage is ₹35 per trade and Call & Trade is ₹25 per call after first 20 free calls per month . Trade Smart Minimum Brokerage is ₹15 and Call & Trade is Rs 20 per executed order .

	ICICI Direct	Trade Smart
Minimum Brokerage	Minimum Brokerage : ₹35 per trade	Minimum Brokerage : ₹15
Call & Trade	Call & Trade : ₹25 per call after first 20 free calls per month	Call & Trade : Rs 20 per executed order
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : State wise
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (Min ₹25 and Max ₹25,000)	DP Charges (on sell side) : Rs 15 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

ICICI Direct vs Trade Smart Features

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

	ICICI Direct	Trade Smart
Trading Platform	Trading Platform : Trade Racer Web, Desktop, ICICI Direct Mobile App	Trading Platform : NEST Trader, Sine web, mobile app, NOW
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 1	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : -
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 Trade Smart Demat Account Charges

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

	ICICI Direct	Trade Smart
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹975	Account Opening Fee : ₹200
Advance Deposit	Advance Deposit : ₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers.	Advance Deposit : Nil
AMC	AMC : ₹0	AMC : Individual Account: ₹300 per year Corporate Account: ₹800 per year
Dematerialisation Charges	Dematerialisation Charges : ₹50 Per Demat Request Form and ₹3 For Each Certificates	Dematerialisation Charges : ₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.
Rematerialisation Charges	Rematerialisation Charges : ₹25 + CDSL charges at actual	Rematerialisation Charges : ₹500 per certificate per market lot of 100 shares or less and minimum ₹500 per request.
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹0 for trader on ICICIDirect.com	Transaction Charges (debit) : ₹25 minimum or 0.02% which ever is higher. In case of BSDA ₹50 or 0.02% whichever is higher.
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of ₹50	Pledge Creation Charges : ₹200 per scrip
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 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 : ₹200 minimum or 0.01% which ever is higher
Failed Instruction Charges	Failed Instruction Charges : ₹30	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 : Late instruction: 0.1% scrip value Physical transaction statement: ₹50 per BO statement plus courier charges

ICICI Direct vs Trade Smart 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 . Trade Smart Year of Incorporation is 1994 and Total Number of Clients is 22,000+ and .

	ICICI Direct	Trade Smart
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : Yes	Demat Services : CDSL
Website	Website : http://www.icicidirect.com	Website : https://tradesmartonline.in/
Contact Details	Contact Details : 020-28307700	Contact Details : 022 61208000
Total Number of Clients	Total Number of Clients : 8,78,884	Total Number of Clients : 22,000+
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : -
Products *	Products : investment banking, institutional broking, retail broking, private wealth management, and financial product distribution	Products : -

ICICI Direct vs Trade Smart Charts and Data

ICICI Direct and Trade Smart both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	ICICI Direct	Trade Smart
Live data source	Live data source : NSE, BSE	Live data source : NSE, BSE
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 82	No.of indicators : 85+
No.of charts can be opened	No.of charts can be opened : 6	No.of charts can be opened : 11
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : -
Trading from charts	Trading from charts : No	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : -
Options charts	Options charts : Yes	Options charts : -
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : 20 days	Intraday historical data for charts : Yes
End of Day historical data for charts	End of Day historical data for charts : 10 years	End of Day historical data for charts : Yes
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : Yes
Back Testing	Back Testing : No	Back Testing : Yes
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : Yes	Analytics : Yes
Price Ladder	Price Ladder : No	Price Ladder : -

ICICI Direct vs Trade Smart Leverage

Leverage

	ICICI Direct	Trade Smart
Equity Delivery	Equity Delivery : 5x with Interest	Equity Delivery : -
Equity Intraday	Equity Intraday : Upto 25x	Equity Intraday : -
Equity Futures	Equity Futures : 4x	Equity Futures : -
Equity Options	Equity Options : 2x for shorting	Equity Options : -
Currency Futures	Currency Futures : NA	Currency Futures : -
Currency Options	Currency Options : NA	Currency Options : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : -	Commodity Options : -

ICICI Direct vs Trade Smart Orders

Orders

	ICICI Direct	Trade Smart
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) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

ICICI Direct vs Trade Smart Research and Advice / Trading Tips

Research and Advice / Trading Tips

	ICICI Direct	Trade Smart
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : No
Comparison *	Comparison : Yes	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 : Yes	ETF research : No
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes

ICICI Direct vs Trade Smart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	ICICI Direct	Trade Smart
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.25,000 to Rs.2,00,000	Investment required for Franchisee / AP : -

ICICI Direct vs Trade Smart Product & Services

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

ICICI Direct vs Trade Smart Customer Services

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

ICICI Direct vs Trade Smart Other Investement

ICICI Direct and Trade Smart 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	Trade Smart
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : No
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : Yes	Insurance Services : No
Banking Services *	Banking Services : Yes	Banking Services : No

ICICI Direct vs Trade Smart Trading PlatForm

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

ICICI Direct vs Trade Smart Company Information

	ICICI Direct	Trade Smart
Financials *	Financials : Yes	Financials : No
News *	News : -	News : No
Company Analysis *	Company Analysis : Yes	Company Analysis : No
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