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 Jainam Broking
Established in 2003, Jainam Broking Limited is a full-service brokerage firm that offers a range of financial services, including online stock trading and investment platforms. They offer services like equity trading, currency, mutual funds, research and analysis, wealth management, and online brokerage.
Jainam Broking also focuses on research reports, investment advisory, and making investing accessible to a broader audience. The company is headquartered in Surat, Gujarat, and has an extensive ...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2003, Jainam Broking is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
ICICIdirect | Jainam Broking | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE | BSE, NSE |
Year of Incorporation | 2000 | 2003 |
Number of Branches | 154 | 0 |
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ICICIdirect trading account opening charges is Rs 0 (Free) while Jainam Broking account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and Jainam Broking Demat Account AMC Charges is Rs 0 (Free).
ICICIdirect | Jainam Broking | |
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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 Jainam Broking brokerage charges for equity is Rs 18 per order and intraday is Rs 18 per order.
Account Type | ICICIdirect ICICI Direct Moneysaver Plan | Jainam Broking DIY Plan |
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Fixed Charges | NA | |
Equity Delivery | 0.29% | Rs 18 per order |
Equity Intraday | 0.029% | Rs 18 per order |
Equity Futures | 0.029% | Rs 18 per order |
Equity Options | Rs 49 per lot | Rs 18 per order |
Currency Futures | Rs 20 per order | Rs 18 per order |
Currency Options | Rs 20 per order | Rs 18 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: Enjoy FREE online account opening with Jainam Broking.
Start investing with minimum brokerage of Rs 18 per order.
Open an Instant Account
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ICICIdirect | Jainam Broking | |
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Account Type | Prime Plan - 299 | Premium Plan |
Fixed Charges | Rs 299 yearly | |
Equity Delivery | 0.25% | 0.3% |
Equity Intraday | 0.025% | 0.03% |
Equity Futures | 0.025% | 0.03% |
Equity Options | Rs 49 per lot | Rs 30 per lot |
Currency Futures | Rs 20 per order | Rs 30 per lot |
Currency Options | Rs 20 per order | Rs 30 per lot |
Commodity Futures | Rs 20 per lot | |
Commodity Options | Rs 20 per lot | |
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ICICIdirect | Jainam Broking | |
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Account Type | Prime Plan - 9999 | DIY Plan |
Fixed Charges | Rs 9999 one time | |
Equity Delivery | 0.07% | Rs 18 per order |
Equity Intraday | 0.007% | Rs 18 per order |
Equity Futures | 0.007% | Rs 18 per order |
Equity Options | Rs 9 per lot | Rs 18 per order |
Currency Futures | Rs 20 per order | Rs 18 per order |
Currency Options | Rs 20 per order | Rs 18 per order |
Commodity Futures | Rs 20 per lot | |
Commodity Options | Rs 20 per lot | |
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Minimum Brokerage | No minimum brokerage (Moneysaver Plan) | Rs 18 |
Other Charges | Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99% | |
Call & Trade Charges | Rs 50 per trade | Rs 70 per order for DIY Plan and Rs 0 for Premium Plan |
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ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Jainam Broking margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
ICICIdirect | Jainam Broking | |
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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) |
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The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Jainam Broking offers JLite, JPlus, Strike trading software.
ICICIdirect | Jainam Broking | |
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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 | JLite, JPlus, Strike |
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 | Rights Issue, Buybacks, OFS and Mutual Fund Trading via Call & Trade Service. |
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ICICIdirect is rated of 5 based on 484 customer reviews whereas Jainam Broking is rated of 5 based on 0 customer reviews.
ICICIdirect | Jainam Broking | |
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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. | Enjoy FREE online account opening with Jainam Broking.
Start investing with minimum brokerage of Rs 18 per order.
Open an Instant Account
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ICICIdirect | Jainam Broking | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
ICICIdirect | Jainam Broking | |
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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) | ![]() | ![]() |
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ICICIdirect | Jainam Broking | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
ICICIdirect | Jainam Broking | |
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Jainam Broking Special OfferInvest smart, invest simple — your journey begins at just ₹18 per orderOpen a Free Demat Account online and start trading today. |
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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O