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 popular service is its 3-in-1 account, which includes the ICICI Bank Account, ICICI Trading Account, and...
About Geojit
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf.
Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance.
Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India.
ICICIdirect | Geojit | |
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Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE | BSE, NSE, MCX-SX |
Year of Incorporation | 2000 | 1987 |
Number of Branches | 154 | 509 |
ICICIdirect trading account opening charges is Rs 0 (Free) while Geojit account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and Geojit Demat Account AMC Charges is Rs 400 per year.
ICICIdirect | Geojit | |
---|---|---|
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 400 per year |
ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% whereas Geojit brokerage charges for equity is 0.30% and intraday is 0.03%.
Account Type | ICICIdirect ICICI Direct Moneysaver Plan | Geojit Online Traditional Plan |
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Fixed Charges | NA | |
Equity Delivery | 0.29% | 0.30% |
Equity Intraday | 0.029% | 0.03% |
Equity Futures | 0.029% | 0.01% |
Equity Options | Rs 49 per lot | Rs 50 per lot |
Currency Futures | Rs 20 per order | 0.01% |
Currency Options | Rs 20 per order | Rs 50 per lot |
Commodity Futures | Rs 20 per order | NA |
Commodity Options | Rs 20 per order | NA |
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 | Geojit | |
---|---|---|
Account Type | Prime Plan - 299 | GTrade Max |
Fixed Charges | Rs 299 yearly | |
Equity Delivery | 0.25% | 0.30% |
Equity Intraday | 0.025% | Rs 20 per trade or 0.03% which is lower |
Equity Futures | 0.025% | Rs 40 per lot |
Equity Options | Rs 49 per lot | Rs 20 per lot |
Currency Futures | Rs 20 per order | Rs 40 per lot |
Currency Options | Rs 20 per order | Rs 20 per lot |
Commodity Futures | Rs 20 per lot | NA |
Commodity Options | Rs 20 per lot | NA |
ICICIdirect | Geojit | |
---|---|---|
Account Type | Prime Plan - 9999 | Online Traditional Plan |
Fixed Charges | Rs 9999 one time | |
Equity Delivery | 0.07% | 0.30% |
Equity Intraday | 0.007% | 0.03% |
Equity Futures | 0.007% | 0.01% |
Equity Options | Rs 9 per lot | Rs 50 per lot |
Currency Futures | Rs 20 per order | 0.01% |
Currency Options | Rs 20 per order | Rs 50 per lot |
Commodity Futures | Rs 20 per lot | NA |
Commodity Options | Rs 20 per lot | NA |
Minimum Brokerage | No minimum brokerage (Moneysaver Plan) | 1p per share or Rs 20/contract whichever is higher |
Other Charges | Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99% | Intraday Auto Square off at Rs 20 per lot |
Call & Trade Charges | Rs 50 per trade | |
ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Geojit margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
ICICIdirect | Geojit | |
---|---|---|
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) |
The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Geojit offers Selfie Platinum, Selfie Gold, Mobile App trading software.
ICICIdirect | Geojit | |
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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 | Selfie Platinum, Selfie Gold, Mobile App |
Intraday Square-off Time | 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 | |
ICICIdirect is rated of 5 based on 484 customer reviews whereas Geojit is rated of 5 based on 113 customer reviews.
ICICIdirect | Geojit | |
---|---|---|
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. | 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 | Geojit | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
ICICIdirect | Geojit | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
ICICIdirect | Geojit | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
ICICIdirect | Geojit | |
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Promo / Offers | 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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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O