Comparison – ICICI Direct Vs Tradejini

ICICI Direct Tradejini
Year of Incorporation 2000 2012
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, & MCX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerages
Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable
Rs 20 per executed order 0r 0.01%/0.1% for intraday/delivery whichever is lower
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 20 per executed order 0r 0.01% whichever is lower
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 20 per executed order 0r 0.01% whichever is lower
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 20 per executed order 0r 0.01% whichever is lower
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 20 per executed order 0r 0.01% whichever is lower
Commodity NA Rs 20 per executed order 0r 0.01% whichever is lower
Account opening charges
Trading and Demat Rs 975 for 3 in 1 Account Rs 600
Only Trading NA Rs 300
Commodity NA Rs 300
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 22 Days on NEST
Margins & Leverage Provided
Equity Intraday upto 25 times & Delivery upto 5 times for interest Upto 20 Times for Intraday, & No leverage for Delivery
Equity Futures Upto 4 times for intraday Upto 2 times for Intraday
Equity Options Not for buying but upto 2 times for shorting For Buying No leverage, For Shorting upto 2 times for Intraday
Currency Futures NA NA
Currency Options NA NA
Commodity NA Upto 2 times for Intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES NO