Check reviews of other Share brokers

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

Open Account

TradePlus

	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 2798455 and Total Number of Branches is 154 . TradePlus Year of Incorporation is 1995 and Total Number of Clients is 14122 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 : 2,798,455	Total Number of Clients : 14,122
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
Contact Now