Comparison –  ICICI Direct Vs Trade Bulls

ICICI Direct Trade Bulls
Year of Incorporation 2000 2009
Exchanges enabled NSE & BSE NSE, BSE, MCX, MCX-SX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerages
Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable 0.03% for Intraday & 0.3% for Delivery – Negotiable
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable 0.03% of Turnover – Negotiable
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 50/lot – Negotiable
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable 0.03% of Turnover- Negotiable
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 20/lot- Negotiable
Commodity NA 0.03% of Turnover- Negotiable
Account opening charges
Trading and Demat Rs 975 for 3 in 1 Account Free
Only Trading NA Free
Commodity NA Free
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 22 days on ODIN
Margins & Leverage Provided
Equity Intraday upto 25 times & Delivery upto 5 times for interest Up to 40 Times
Equity Futures Upto 4 times for intraday 8 to 10 Times
Equity Options Not for buying but upto 2 times for shorting 5 to 8 Times
Currency Futures NA 5 Times
Currency Options NA 5 Times
Commodity NA Up to 5 To 8 Times
Serviceable
3 in 1 Account YES No
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES No