Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat
ICICIdirect Logo

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... Know more about ICICIdirect

Geojit Logo

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... Know more about Geojit

Expand

ICICIdirect Vs Geojit

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.

 ICICIdirectGeojit
Type of BrokerFull Service BrokerFull Service Broker
Exchnage MembershipBSE, NSEBSE, NSE, MCX-SX
Year of Incorporation20001987
Number of Branches154509

Expand

ICICIdirect Vs Geojit Charges & AMC

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.

 ICICIdirectGeojit
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesFor Individual account: Rs. 700 p.a.Rs 400 per year

Expand

ICICIdirect Vs Geojit Brokerage

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 TypeICICIdirect ICICI Direct Moneysaver PlanGeojit Online Traditional Plan
Fixed ChargesNA
Equity Delivery0.29%0.30%
Equity Intraday0.029%0.03%
Equity Futures0.029%0.01%
Equity OptionsRs 49 per lotRs 50 per lot
Currency FuturesRs 20 per order0.01%
Currency OptionsRs 20 per orderRs 50 per lot
Commodity FuturesRs 20 per orderNA
Commodity OptionsRs 20 per orderNA
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 Vs Geojit Brokerage Plan 2

 ICICIdirectGeojit
Account TypePrime Plan - 299GTrade Max
Fixed ChargesRs 299 yearly
Equity Delivery0.25%0.30%
Equity Intraday0.025%Rs 20 per trade or 0.03% which is lower
Equity Futures0.025%Rs 40 per lot
Equity OptionsRs 49 per lotRs 20 per lot
Currency FuturesRs 20 per orderRs 40 per lot
Currency OptionsRs 20 per orderRs 20 per lot
Commodity FuturesRs 20 per lotNA
Commodity OptionsRs 20 per lotNA

ICICIdirect Vs Geojit Brokerage Plan 3

 ICICIdirectGeojit
Account TypePrime Plan - 9999Online Traditional Plan
Fixed ChargesRs 9999 one time
Equity Delivery0.07%0.30%
Equity Intraday0.007%0.03%
Equity Futures0.007%0.01%
Equity OptionsRs 9 per lotRs 50 per lot
Currency FuturesRs 20 per order0.01%
Currency OptionsRs 20 per orderRs 50 per lot
Commodity FuturesRs 20 per lotNA
Commodity OptionsRs 20 per lotNA

ICICIdirect Charges Vs Geojit

Minimum BrokerageNo minimum brokerage (Moneysaver Plan)1p per share or Rs 20/contract whichever is higher
Other ChargesDaily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99%Intraday Auto Square off at Rs 20 per lot
Call & Trade ChargesRs 50 per trade

Expand

ICICIdirect Vs Geojit Leverage (Margin)

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.

 ICICIdirectGeojit
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)

Expand

Compare ICICIdirect and Geojit Features

The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Geojit offers Selfie Platinum, Selfie Gold, Mobile App trading software.

 ICICIdirectGeojit
3 in 1 AccountYesNo
Automated TradingYesNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformICICI Direct.com (website), ICICI Direct Mobile AppSelfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time3:15 PM
Trading In SME Shares Allowed?YesNo
Referral ProgramNoNo
Other FeaturesDaily, monthly and yearly free research recommendations, 100% limit in shares as margin

Expand

ICICIdirect Vs Geojit Review

ICICIdirect is rated of 5 based on 484 customer reviews whereas Geojit is rated of 5 based on 113 customer reviews.

 ICICIdirectGeojit
 484 Customer Reviews    Rate ICICIdirect113 Customer Reviews    Rate Geojit
FeesRated 2.2 starsRated 3.5 stars
BrokerageRated 1.7 starsRated 3.2 stars
Trading PlatformRated 3.3 starsRated 3.9 stars
Customer ServiceRated 2.6 starsRated 3.7 stars
Research CapabilitiesRated 2.9 starsRated 2.7 stars
Overall RatingRated 2.3 starsRated 3.6 stars
Broker RatingICICIdirect is Rated 2.3 / 5 based on 484 customer reviewsGeojit is Rated 3.6 / 5 based on 113 customer reviews

Expand

Contact Broker / Request A Call Back

 ICICIdirectGeojit
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.

Expand

ICICIdirect Vs Geojit Investment Options

 ICICIdirectGeojit
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Expand

ICICIdirect Vs Geojit Order Type Offered

 ICICIdirectGeojit
Bracket OrderYesNo
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

Expand

ICICIdirect Vs Geojit Suitable For Investor Type

 ICICIdirectGeojit
Casual InvestorYesNo
Active InvestorYesYes
TraderYesNo

Expand

ICICIdirect Vs Geojit - Pros and Cons

 ICICIdirectGeojit
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.
  • Free research and ecommendations.
  • Free account opening.
  • Rs 20 per trade Intraday trading brokerage in GTrade Max plan.
  • 4 times exposure through MTF
  • Access to 472 branches for customer support.
  • Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors.
  • Excellent online trading platforms.
Cons
  • Demat Account is mandatory.
  • High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss.
  • High minimum brokerage charges of Rs 20 per lot or 1 paisa per share whichever is higher.
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

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


Compare ICICIdirectCompare Geojit
ICICIdirect Vs 5paisaGeojit Vs 5paisa
ICICIdirect Vs Aditya Birla MoneyGeojit Vs Aditya Birla Money
ICICIdirect Vs Alice BlueGeojit Vs Alice Blue
ICICIdirect Vs Anand RathiGeojit Vs Anand Rathi
ICICIdirect Vs Angel OneGeojit Vs Angel One
ICICIdirect Vs AxisDirectGeojit Vs AxisDirect
ICICIdirect Vs Bajaj FinancialGeojit Vs Bajaj Financial
ICICIdirect Vs BlinkXGeojit Vs BlinkX
ICICIdirect Vs DhanGeojit Vs Dhan
ICICIdirect Vs FirstockGeojit Vs Firstock
ICICIdirect Vs FyersGeojit Vs Fyers
ICICIdirect Vs GrowwGeojit Vs Groww
ICICIdirect Vs HDFC SecuritiesGeojit Vs HDFC Securities
ICICIdirect Vs Indiabulls SecuritiesGeojit Vs Indiabulls Securities
ICICIdirect Vs INDmoneyGeojit Vs INDmoney
ICICIdirect Vs Jainam BrokingGeojit Vs Jainam Broking
ICICIdirect Vs Kotak SecuritiesGeojit Vs Kotak Securities
ICICIdirect Vs m.StockGeojit Vs m.Stock
ICICIdirect Vs Mirae Asset SharekhanGeojit Vs Mirae Asset Sharekhan
ICICIdirect Vs Monarch NetworthGeojit Vs Monarch Networth
ICICIdirect Vs Motilal OswalGeojit Vs Motilal Oswal
ICICIdirect Vs Nuvama (Edelweiss)Geojit Vs Nuvama (Edelweiss)
ICICIdirect Vs Paytm MoneyGeojit Vs Paytm Money
ICICIdirect Vs ProstocksGeojit Vs Prostocks
ICICIdirect Vs SahiGeojit Vs Sahi
ICICIdirect Vs SAMCOGeojit Vs SAMCO
ICICIdirect Vs SAS OnlineGeojit Vs SAS Online
ICICIdirect Vs SBI SecuritiesGeojit Vs SBI Securities
ICICIdirect Vs Share.MarketGeojit Vs Share.Market
ICICIdirect Vs TradeSmartGeojit Vs TradeSmart
ICICIdirect Vs TradingoGeojit Vs Tradingo
ICICIdirect Vs UpstoxGeojit Vs Upstox
ICICIdirect Vs Yes SecuritiesGeojit Vs Yes Securities
ICICIdirect Vs ZerodhaGeojit Vs Zerodha