Comparison – ICICI Direct Vs Indiainfoline

ICICI Direct Indiainfoline
Year of Incorporation 2000 1996
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL/CDSL
Brokerages
Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable 0.05% Intraday & 0.5% Delivery – Negotiable
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable 0.05% of Turnover – Negotiable
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 100/lot – Negotiable
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 25/lot – Negotiable
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 10/lot – Negotiable
Commodity NA 0.03% – Negotiable
Account opening charges
Trading and Demat Rs 975 for 3 in 1 Account Rs 750
Only Trading NA NA
Commodity NA Nill
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 20 Days
Margins & Leverage Provided
Equity Intraday upto 25 times & Delivery upto 5 times for interest Upto 20 times Intraday, &3 times for Delivery@interest
Equity Futures Upto 4 times for intraday Upto 3 times for Intraday
Equity Options Not for buying but upto 2 times for shorting Buying no leverage, Shorting upto 3 times
Currency Futures NA Upto 2 times for Intraday
Currency Options NA Buying no leverage, Shorting upto 2 times
Commodity NA Upto 3 times for Intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES YES