ICICIdirect-vs-Mirae Asset Sharekhan

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...

ICICIdirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

About Mirae Asset Sharekhan
Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App and Investiger App (available for Android and iOS devices). Designed for serious Investors and Traders...

Mirae Asset Sharekhan Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

ICICIdirect Vs Mirae Asset Sharekhan

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India.

	ICICIdirect	Mirae Asset Sharekhan
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2000	2000
Number of Branches	154	2800

ICICIdirect Vs Mirae Asset Sharekhan Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Mirae Asset Sharekhan account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year).

	ICICIdirect	Mirae Asset Sharekhan
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 (Free for 1st year)

ICICIdirect Vs Mirae Asset Sharekhan Brokerage

ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% whereas Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share.

Account Type	ICICIdirect ICICI Direct Moneysaver Plan	Mirae Asset Sharekhan Classic Account
Fixed Charges	NA
Equity Delivery	0.29%	0.30% on market rate or minimum 1 paisa per share
Equity Intraday	0.029%	0.02% on market rate or minimum 1 paisa per share
Equity Futures	0.029%	0.02% per transaction value
Equity Options	Rs 49 per lot	Rs 39 per lot
Currency Futures	Rs 20 per order	0.02% per transaction value
Currency Options	Rs 20 per order	Rs 5 per lot
Commodity Futures	Rs 20 per order	0.02%
Commodity Options	Rs 20 per order	Rs 20 per lot
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 Mirae Asset Sharekhan Brokerage Plan 2

	ICICIdirect	Mirae Asset Sharekhan
Account Type	Prime Plan - 299	Prepaid - Rs 1 Lakh
Fixed Charges	Rs 299 yearly	Rs 1,00,000 per year
Equity Delivery	0.25%	0.10%
Equity Intraday	0.025%	0.015%
Equity Futures	0.025%	0.015%
Equity Options	Rs 49 per lot	0.05% or Rs 63 per lot
Currency Futures	Rs 20 per order	0.02% per transaction value
Currency Options	Rs 20 per order	Rs 5 per lot
Commodity Futures	Rs 20 per lot	0.02%
Commodity Options	Rs 20 per lot	Rs 20 per lot

ICICIdirect Vs Mirae Asset Sharekhan Brokerage Plan 3

	ICICIdirect	Mirae Asset Sharekhan
Account Type	Prime Plan - 9999	Margin - Rs 1 Lakh
Fixed Charges	Rs 9999 one time	Rs 1,00,000 margin
Equity Delivery	0.07%	0.25%
Equity Intraday	0.007%	0.05%
Equity Futures	0.007%	0.05%
Equity Options	Rs 9 per lot	1% or Rs 70 per lot
Currency Futures	Rs 20 per order	0.02% per transaction value
Currency Options	Rs 20 per order	Rs 5 per lot
Commodity Futures	Rs 20 per lot	0.02%
Commodity Options	Rs 20 per lot	Rs 20 per lot

ICICIdirect Charges Vs Mirae Asset Sharekhan

Minimum Brokerage	No minimum brokerage (Moneysaver Plan)	Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share
Other Charges	Daily MTF Interest Rates: 0.049% \| Yearly Margin Trading Interest: 17.99%
Call & Trade Charges	Rs 50 per trade	Rs 20

ICICIdirect Vs Mirae Asset Sharekhan Leverage (Margin)

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

	ICICIdirect	Mirae Asset Sharekhan
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)

Compare ICICIdirect and Mirae Asset Sharekhan Features

The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Mirae Asset Sharekhan offers TradeTiger, Sharekhan Mobile trading software.

	ICICIdirect	Mirae Asset Sharekhan
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	TradeTiger, Sharekhan Mobile
Intraday Square-off Time	3:15 PM	3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Daily, monthly and yearly free research recommendations, 100% limit in shares as margin	Pattern finder, Class room training

ICICIdirect Vs Mirae Asset Sharekhan Review

ICICIdirect is rated of 5 based on 484 customer reviews whereas Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews.

	ICICIdirect	Mirae Asset Sharekhan
	484 Customer Reviews	316 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	Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews

Contact Broker / Request A Call Back

	ICICIdirect	Mirae Asset Sharekhan
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 Vs Mirae Asset Sharekhan Investment Options

	ICICIdirect	Mirae Asset Sharekhan
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

ICICIdirect Vs Mirae Asset Sharekhan Order Type Offered

	ICICIdirect	Mirae Asset Sharekhan
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)

ICICIdirect Vs Mirae Asset Sharekhan Suitable For Investor Type

	ICICIdirect	Mirae Asset Sharekhan
Casual Investor
Active Investor
Trader

ICICIdirect Vs Mirae Asset Sharekhan - Pros and Cons

	ICICIdirect	Mirae Asset Sharekhan
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.	Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them. Sharekhan offers online and classroom training, seminars and workshops to investors. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood. Call & Trade facility is free with Sharekhan. Sharekhan allows fixed deposits as collateral for future and option trading.
Cons	Demat Account is mandatory.	Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services. Classic account holders cannot trade Commodities, as the segment has to be activated separately. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
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

Frequently Asked Questions

ICICI Direct and Sharekhan both are full-service brokers. ICICI Direct offers a 3-in-1 account while Sharekhan offers a 2-in-1 account. While ICICI Direct has branches in all major cities, Sharekhan has a presence in almost every corner of India through its branches offices and sub-brokers.

Compare Between ICICIDirect and Sharekhan

ICICI Direct	Sharekhan
Full-Service Broker	Full-Service Broker
Offer 3-in- 1 account	Offer 2-in-1 account
% based brokerage charges. 0.55% for equity delivery.	% based brokerage charges. 0.50% for equity delivery.
Brokerage is not negotiable.	Brokerage can be negotiated.
Doesn't offer commodity trading	Offer commodity trading.
Good local support through relationship managers.	Excellent local support through relationship managers.
Doesn't offer any education programs.	Offers online and classroom training, seminars and workshops to investors.
Charge Rs 25 per call after the first 20 free calls per month.	Call & Trade facility is free.
Doesn't accept FDs as collateral.	Accepts a fixed deposit (FD) as collateral.
Offer an ASBA IPO application.	Offer a UPI IPO application.

Find more detail at:

ICICI Direct vs Sharekhan - Detailed Comparison

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ICICIdirect Vs Mirae Asset Sharekhan (Compare ICICIdirect and Mirae Asset Sharekhan)