ICICIdirect Vs 5paisa (Compare ICICIdirect and 5paisa)

ICICIdirect Vs 5paisa

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India.

	ICICIdirect	5paisa
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	NSE, BSE
Year of Incorporation	2000	1996
Number of Branches	154	1
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ICICIdirect Vs 5paisa Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while 5paisa account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and 5paisa Demat Account AMC Charges is Rs 300.

	ICICIdirect	5paisa
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	For Individual account: Rs. 700 p.a.	Rs 300

ICICIdirect Vs 5paisa Brokerage

ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% whereas 5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type	ICICIdirect ICICI Direct Moneysaver Plan	5paisa Regular Account Plan
Fixed Charges	NA	NA
Equity Delivery	0.29%	Rs 20 per executed order
Equity Intraday	0.029%	Rs 20 per executed order
Equity Futures	0.029%	Rs 20 per executed order
Equity Options	Rs 49 per lot	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 per executed order
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order	Rs 20 per executed order
Commodity Options	Rs 20 per order	Rs 20 per executed order
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.	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

ICICIdirect Vs 5paisa Brokerage Plan 2

	ICICIdirect	5paisa
Account Type	Prime Plan - 299	Power Investor Pack
Fixed Charges	Rs 299 yearly	Rs 599 per month
Equity Delivery	0.25%	Rs 10 per executed order
Equity Intraday	0.025%	Rs 10 per executed order
Equity Futures	0.025%	Rs 10 per executed order
Equity Options	Rs 49 per lot	Rs 10 per executed order
Currency Futures	Rs 20 per order	Rs 10 per executed order
Currency Options	Rs 20 per order	Rs 10 per executed order
Commodity Futures	Rs 20 per lot	Rs 10 per executed order
Commodity Options	Rs 20 per lot	Rs 10 per executed order
		Open 5paisa Account

ICICIdirect Vs 5paisa Brokerage Plan 3

	ICICIdirect	5paisa
Account Type	Prime Plan - 9999	Ultra Trader Pack
Fixed Charges	Rs 9999 one time	Rs 1199 per month
Equity Delivery	0.07%	Rs 10 per executed order
Equity Intraday	0.007%	Rs 10 per executed order
Equity Futures	0.007%	Rs 10 per executed order
Equity Options	Rs 9 per lot	Rs 10 per executed order
Currency Futures	Rs 20 per order	Rs 10 per executed order
Currency Options	Rs 20 per order	Rs 10 per executed order
Commodity Futures	Rs 20 per lot	Rs 10 per executed order
Commodity Options	Rs 20 per lot	Rs 10 per executed order
		Open 5paisa Account

ICICIdirect Charges Vs 5paisa

Minimum Brokerage	No minimum brokerage (Moneysaver Plan)	Rs 20 per trade
Other Charges	Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99%
Call & Trade Charges	Rs 50 per trade	Additional ₹20 per order + GST
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ICICIdirect Vs 5paisa Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the 5paisa margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	ICICIdirect	5paisa
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
		Open 5paisa Account

Compare ICICIdirect and 5paisa Features

The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. 5paisa offers 5paisa Trade Station (Web, Mobile App and EXE) trading software.

	ICICIdirect	5paisa
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICI Direct.com (website), ICICI Direct Mobile App	5paisa Trade Station (Web, Mobile App and EXE)
Intraday Square-off Time	3:15 PM	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Daily, monthly and yearly free research recommendations, 100% limit in shares as margin
		Open 5paisa Account

ICICIdirect Vs 5paisa Review

ICICIdirect is rated of 5 based on 484 customer reviews whereas 5paisa is rated of 5 based on 97 customer reviews.

	ICICIdirect	5paisa
	484 Customer Reviews	97 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	ICICIdirect is Rated 2.3 / 5 based on 484 customer reviews	5paisa is Rated 2.6 / 5 based on 97 customer reviews

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ICICIdirect Vs 5paisa Investment Options

	ICICIdirect	5paisa
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

ICICIdirect Vs 5paisa Order Type Offered

	ICICIdirect	5paisa
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
		Open 5paisa Account

ICICIdirect Vs 5paisa Suitable For Investor Type

	ICICIdirect	5paisa
Casual Investor
Active Investor
Trader

ICICIdirect Vs 5paisa - Pros and Cons

	ICICIdirect	5paisa
Pros	Offers 3-in-1 account which makes seamlessand instant fund transfers between bank and trading account. Wide range of investment options available under one portal. Enables curation of watchlist and has 4.8 (App Store) rated mobile app. GTC (good till cancellation) and off-market hours order placement facility is very useful.	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.
Cons	Demat Account is mandatory.	Margin funding is given to the customers without notice. These cases cause major confusion, and customers pay hefty interest charges. Call & Trade is available at an additional Rs 20 per order + GST. Research & advisory services are not available in Optimum Plan. 5Paisa doesn't offer NRI Trading services. Doesn't offer 3-in-1 account.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	5paisa Special Offer 5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.
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