About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include Equity, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. The company also offers NCD, wealth products, Home Loans, Insurance, etc.
ICICIdirect's most popu... 
About Bajaj Broking
Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India.
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE |
| Year of Incorporation | 2000 | 2010 |
| Number of Branches | 154 | 47 |
| Open Bajaj Broking Account |
ICICIdirect trading account opening charges is Rs 0 (Free) while Bajaj Broking account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and Bajaj Broking Demat Account AMC Charges is Rs 0 (Free).
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| 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 0 (Free) |
ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% whereas Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order.
| Account Type | ICICIdirect ICICI Direct Moneysaver Plan | Bajaj Broking Freedom Plan |
|---|---|---|
| Fixed Charges | NA | Free for 1st year | Rs.431/year thereafter |
| Equity Delivery | 0.29% | Rs.20 per order |
| Equity Intraday | 0.029% | Rs 20 per order |
| Equity Futures | 0.029% | Rs 20 per order |
| Equity Options | Rs 49 per lot | Rs 20 per order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per order | |
| Commodity Options | Rs 20 per 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: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. |
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| Account Type | Prime Plan - 999 | Professional Pack |
| Fixed Charges | Rs 999 one time | Rs 2500 per year |
| Equity Delivery | 0.22% | Rs.10 per order |
| Equity Intraday | 0.022% | Rs 10 per order |
| Equity Futures | 0.022% | Rs 10 per order |
| Equity Options | Rs 49/order | Rs 10 per order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20/order | |
| Commodity Options | Rs 20/order | |
| Open Bajaj Broking Account |
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| Account Type | Prime Plan - 9999 | Freedom Plan |
| Fixed Charges | Rs 9999 one time | Free for 1st year | Rs.431/year thereafter |
| Equity Delivery | 0.07% | Rs.20 per order |
| Equity Intraday | 0.007% | Rs 20 per order |
| Equity Futures | 0.007% | Rs 20 per order |
| Equity Options | Rs 9 per lot | Rs 20 per order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per lot | |
| Commodity Options | Rs 20 per lot | |
| Open Bajaj Broking Account |
| Minimum Brokerage | No minimum brokerage (Moneysaver Plan) | |
| Other Charges | Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99% | RMS Auto-Square off: Rs 20 per order |
| Call & Trade Charges | Rs 50 per trade | Rs 20 per trade |
| Open Bajaj Broking Account |
ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Broking margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| 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 Bajaj Broking Account |
The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Bajaj Broking offers Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform trading software.
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| 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 | Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Daily, monthly and yearly free research recommendations, 100% limit in shares as margin | |
| Open Bajaj Broking Account |
ICICIdirect is rated of 5 based on 486 customer reviews whereas Bajaj Broking is rated of 5 based on 17 customer reviews.
| ICICIdirect | Bajaj Broking | |
|---|---|---|
486 Customer Reviews  | 17 Customer Reviews | |
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| Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 486 customer reviews | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews |
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| Contact Broker | 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. | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. |
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Bajaj Broking Account |
| ICICIdirect | Bajaj Broking | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| ICICIdirect | Bajaj Broking | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Bajaj Broking Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. |
| Open Bajaj Broking Account |
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