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ICICI Direct vs TradePlus (Compare ICICI Direct and TradePlus)

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

ICICI Direct TradePlus
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

TradePlus :

Tradeplus has all the things to become very successful in broking industry from very attractive brokerage plans, Margin funding and choice o   >>> more

Find More Information about the Broker :
ICICI Direct :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
TradePlus :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
ICICI Direct :
 Full Service Broker
TradePlus :
 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
TradePlus :
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 !
TradePlus :
  •  Lowest Flat and Flexi Brokerage Plans .
  •  Flat rate for stock trading
  •  Demat account services at a very low AMC charge of Rs. 90 per year.
  •  Margin funding
  •  Referral Program
  •  Good Brokerage & Margin Calculator
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.
TradePlus :
  •  Call n Trade charges are very high.
  •  INFINI ‐ Trading platform is not free.
  •  SMS charges with monthly plans
  •  Lot of hidden charges
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
TradePlus :
  •  Lowest Flat and Flexi Brokerage Plans.
  •  Tradeplusonline has lowest refundable unlimited trading plans @ Rs 99 per month by category - Equity Option,Currency & Commodity.
  •  Direct Mutual Fund Investments possible.
  •  Possible to invest in IPO/Bond/GSEC Investments.
  •  Avail high Intra margins upto 80x and upto 50% Delivery funding.
  •  Referral Program.
  •  NRI Trading services available.
  •  Lowest Transaction charges in MCX Commodity segment - 400 Rs per crore.
  •  Facility to trade on whats-up chat app.
Open Account

ICICI Direct vs TradePlus Account Opening & AMC Charges

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

ICICI Direct TradePlus
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 300 (from 2nd year)

Demat Account AMC :

Rs 0

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0


ICICI Direct vs TradePlus 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 . TradePlus Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is Lower of ₹9 per traded order or 0.01% and Equity Options is ₹9 per traded order .

ICICI Direct TradePlus
Plan Name Plan Name :

I-Secure Plan

Plan Name :

ICICIDirect Neo Plan

Plan Name :

Basic Plan

Plan Name :

Flat Zero brokerage Scheme

Equity Delivery Equity Delivery :

0.55%

Equity Delivery :

0.55%

Equity Delivery :

₹0 (Free)

Equity Delivery :

₹0 (Free)

Equity Intraday Equity Intraday :

0.275%

Equity Intraday :

Rs 20 per order

Equity Intraday :

Lower of ₹9 per traded order or 0.01%

Equity Intraday :

NA

Equity Future Equity Future :

0.05%

Equity Future :

Rs 0 (Free)

Equity Future :

₹9 per traded order

Equity Future :

₹799 per month (unlimited trading)

Equity Options Equity Options :

Rs 95 per lot

Equity Options :

Rs 20 per order

Equity Options :

₹9 per traded order

Equity Options :

₹99 per month (unlimited trading)

Currency Futures Currency Futures :

Rs 20 per order

Currency Futures :

Rs 20 per order

Currency Futures :

₹9 per traded order

Currency Futures :

₹99/month (unlimited trading) for futures & Option

Currency Options Currency Options :

Rs 20 per order

Currency Options :

Rs 20 per order

Currency Options :

₹9 per traded order

Currency Options :

₹99/month (unlimited trading) for futures & Option

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Monthly Fee :

As per segment

Monthly Fee :

As per segment

Margin Trading Margin Trading :

0.05% - 0.03%

Margin Trading :

0.05% - 0.03%

Margin Trading :

Interest 2% per month

Margin Trading :

Interest 2% per month

Commodity Futures Commodity Futures :

Rs 20 per order

Commodity Futures :

Rs 20 per order

Commodity Futures :

₹9 per traded order

Commodity Futures :

₹99/month (unlimited trading) for futures & Option

Commodity Options Commodity Options :

Rs 20 per order

Commodity Options :

Rs 20 per order

Commodity Options :

₹9 per traded order

Commodity Options :

₹99/month (unlimited trading) for futures & Option


ICICI Direct vs TradePlus 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) . TradePlus Exchange Transaction Charges Equity Future is Rs 360 per crore (0.0036%) and Equity Options is Rs 7800 per crore (0.078%)(on premium) .

ICICI Direct TradePlus
Equity Delivery Equity Delivery :

NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)

Equity Delivery :

Rs 345 per crore (0.00345%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)

Equity Intraday :

Rs 345 per crore (0.00345%) (sale side)

Equity Future * Equity Future :

Rs 180 per Cr (0.0018%)

Equity Future :

Rs 360 per crore (0.0036%)

Equity Options * Equity Options :

Rs 5000 per Cr (0.05%) (on premium)

Equity Options :

Rs 7800 per crore (0.078%)(on premium)

Currency Futures * Currency Futures :

Rs 120 per Cr (0.0012%)

Currency Futures :

Rs 140 per crore (0.0014%)

Currency Options Currency Options :

Rs 5000 per Cr (0.05%) (on premium)

Currency Options :

Rs 6000 (on premium) per crore (0.06%)

Commodity Commodity :

Group A - Rs 260 per Cr (0.0026%)

Commodity :

Rs 500 (0.005%)


ICICI Direct vs TradePlus Other Charges

ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade . TradePlus and Call & Trade is Flat Rs 75 per day .

ICICI Direct TradePlus
Minimum Brokerage Minimum Brokerage :

Rs 35 per trade (I-Secure Plan)

Minimum Brokerage : -
Call & Trade Call & Trade :

Rs 50 per trade

Call & Trade :

Flat Rs 75 per day

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

0.03% / minimum of ₹25 & Maximum of ₹250/ Trans.

Other Miscellaneous Charges Other Miscellaneous Charges :

Margin Trading Interest: 0.025% Per day

Other Miscellaneous Charges :

SMS Charges: Rs 100 per segment.


ICICI Direct vs TradePlus Features

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

ICICI Direct TradePlus
Trading Platform Trading Platform :

ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App

Trading Platform :

INFINI, NSE NOW

Placing orders through charts Placing orders through charts : - Placing orders through charts : -
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 :

No

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 : -
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 TradePlus Demat Account Charges

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

ICICI Direct TradePlus
Depository Service Provider Depository Service Provider :

NSDL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Stamp Duty at actuals

Account Opening Fee :

Nil

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 :

Rs 0 (Free) for Resident Individuals

Dematerialisation Charges Dematerialisation Charges :

Rs 50 Per Demat Request Form and Rs 10 For Each Certificates

Dematerialisation Charges :

Rs 50 per DRF (up to 5 Certificates)

Rematerialisation Charges Rematerialisation Charges :

Rs 25 + CDSL charges at actual

Rematerialisation Charges :

Rs 15 per certificate

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) :

Market Trades: 0.03% of Transaction Value, subject to Minimum of Rs 25 per Transaction & Maximum of Rs 250Off-Market Trades: 0.05% of Transaction Value, subject to Minimum of Rs 50 Per Transaction

Pledge Creation Charges Pledge Creation Charges :

0.02% or minimum of Rs 35

Pledge Creation Charges :

0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction.

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

0.02% or minimum of Rs 35

Pledge Creation Confirmation Charges :

0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction.

Pledge Invocation Charges Pledge Invocation Charges :

0.02% or minimum of Rs 35

Pledge Invocation Charges :

0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction.

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Rs 15 per transaction

Other Charges Other Charges :

Rs 200 for restoring services if account is suspended for non payment of charges.

Other Charges :

Modification Charges: Rs 100 for every change of address / Bank DetailsSecurities Borrowing: Rs 50 per TransactionExtra statement: Rs 15 per statement


ICICI Direct vs TradePlus Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 3135167 and Total Number of Branches is 154 . TradePlus Year of Incorporation is 1995 and Total Number of Clients is 15688 and .

ICICI Direct TradePlus
Year of Incorporation Year of Incorporation :

2000

Year of Incorporation :

1995

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

BSE, NSE, MCX

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : - Website : https://www.tradeplusonline.com/
Contact Details Contact Details : - Contact Details :

044-49427576

Total Number of Clients Total Number of Clients :

3,135,167

Total Number of Clients :

15,688

Total Number of Branches Total Number of Branches :

154

Total Number of Branches : -
Products * Products : - Products :

Infini Web, Infini Power, TradePlus Mobile


ICICI Direct vs TradePlus Orders

Orders

ICICI Direct TradePlus
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) :

No


ICICI Direct vs TradePlus Research and Advice / Trading Tips

Research and Advice / Trading Tips

ICICI Direct TradePlus
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 :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research : - ETF research :

Yes

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No


ICICI Direct vs TradePlus Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ICICI Direct TradePlus
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 : -

ICICI Direct vs TradePlus Product & Services

ICICI Direct and TradePlus 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 TradePlus
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

Yes

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 :

Yes

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 :

Yes

Margin Calculator * Margin Calculator : - Margin Calculator :

Yes

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 :

Yes

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

Yes


ICICI Direct vs TradePlus Customer Services

ICICI Direct and TradePlus 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 TradePlus
Toll Free Number * Toll Free Number : - Toll Free Number :

Yes

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 :

Yes

Community Service * Community Service : - Community Service :

Yes

Relationship Manager * Relationship Manager : - Relationship Manager :

Yes

24/7 Support * 24/7 Support : - 24/7 Support : -

ICICI Direct vs TradePlus Other Investement

ICICI Direct and TradePlus 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 TradePlus
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 :

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 TradePlus Trading Platform

ICICI Direct and TradePlus 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 TradePlus
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 :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

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