The side-by-side comparison of ICICIdirect and Choice Broking Demat Account. Compare ICICIdirect Vs Choice Broking Demat Account charges, AMC and Fees. Read Choice Broking and ICICIdirect demat Account review.
Find out ICICIdirect Vs Choice Broking which is better demat account and ICICIdirect Vs Choice Broking which is best demat account.
Our ICICI Securities Pvt Ltd. demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between ICICIdirect and Choice Broking.
| ICICIdirect | Choice Broking | |
|---|---|---|
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| About the Broker | ICICI Direct is the online trading and investment platform of ICICI Securities Limited (I-Sec), a subsidiary of ICICI Bank Ltd. Launched in 1995, ICICI Direct offers a comprehensive financial marketplace catering to retail and institutional investors. ICICI Direct is registered with SEBI as a stockbroker, Merchant Banker, Portfolio Manager, Investment Adviser, and Research Analyst. It is also a Corporate Agent under IRDAI and a Point of Presence (POP) under PFRDA for distributing the National Pension Scheme (NPS). NSDL DP ID IN301348 and CDSL DP ID 16014300. | Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers. |
| DP ID | 16014300 | 12066900, IN301895 |
| Contact Info | ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India. | Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099 |
| Services Offered | The services offered include Equity, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. | NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX |
| Find more info about broker | ||
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| ICICIdirect | Choice Broking | |
|---|---|---|
| Demat Account Opening Fee | No Fees | Nil |
| Demat Account AMC | For Individual account: ₹700 p.a. For Corporate account: ₹500 p.a. (W.e.f. 01. Oct.2013) | Choice Broking offers Standard and special plans to individual customers to opt for.
Note:
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| Advance Deposit | Rs. 0 | Nil |
| ICICIdirect | Choice Broking | |
|---|---|---|
| Dematerialisation Charges | ₹50 Per Demat Request Form and ₹3 For Each Certificates | ₹25 per certificate |
| Rematerialisation Charges | ₹25 + CDSL charges at actual | ₹25 per 100 Securities or 0.04% whichever is higher |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | Rs 0. (NIL Instruction submitted through Internet (E-inst / IVR) - 0.04% of value of securities(Min. Rs 30 and Max Rs 25,000). Instruction submitted through Call Centre - 0.04% of value of securities(Min. Rs 35 and Max Rs 25,000). Instruction submitted at Branches - Nil charges for Trades done at www.icicidirect.com. | ₹10per transaction + GST |
| Pledge Creation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | ₹50 or 0.02% whichever is higher + GST |
| Pledge Creation Confirmation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | |
| Pledge Invocation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | ₹100 or 0.05% whichever is higher + GST |
| Failed Instruction Charges | NA | ₹10 per instruction + GST |
| Other Charges | Services will be restored only on full payment of AMC or any Demat charges by the customer. | Additional request for every DIS Booklet: ₹100. |
| ICICIdirect Enquire | Choice Broking Enquire | |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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