Comparison –  KARVY Vs ICICI Direct

KARVY ICICI Direct
Year of Incorporation 1985 2000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
Demat (NSDL/CDSL) NSDL, CDSL NSDL & CDSL
Brokerages
Equity 0.03% Intraday, 0.3% Delivery Equity Intraday 0.05% & Delivery 0.25%- Negotiable
Equity Futures 0.03% of Turnover
0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Equity Options Rs 50/lot
Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Currency Futures 0.03% of Turnover
0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Currency Options Rs 50/lot
Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Commodity 0.03% of Turnover NA
Account opening charges
Trading and Demat Rs 420 Rs 975 for 3 in 1 Account
Only Trading NA NA
Commodity Rs 200 NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days Intraday on ODIN 20 Days
Margins & Leverage Provided
Equity Intraday upto 20 times, 0 for Delivery
Intraday upto 25 times & Delivery upto 5 times for interest
Equity Futures Upto 4 times for Intraday Upto 4 times for intraday
Equity Options No Leverage for buying, upto 4 times for Shorting Intraday Not for buying but upto 2 times for shorting
Currency Futures No Leverage NA
Currency Options No Leverage NA
Commodity Upto 4 times for Intraday NA
Serviceable
3 in 1 Account NO YES
Instant Fund withdrawal NO YES
Instant Fund Transfer YES YES
Relationship Managers YES YES