Is ICICI Direct brokerage is high?
ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high ‘minimum brokerage’ of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading.
What is my networth in ICICI Direct?
In the right list all your liabilities and outstanding. Total both to arrive at your total assets and liabilities. Now subtract your liabilities from your assets to arrive at your “Net Worth” If your assets are greater than your liabilities, then you have a positive net worth.
Is ICICI Direct costly?
ICICIDirect Brokerage is very expensive. Subscribing to ICICI direct Prime or prepaid brokerage plans can only reduce the Brokerage by subscribing to ICICIdirect Prime or prepaid brokerage plans. ICICIDirect doesn’t offer commodity trading.
How can I reduce brokerage in ICICI Direct?
The brokerage reduces as you move to a higher prepaid plan. ICICI Direct Prime Plan offers an eATM facility with reduced brokerage charges for a fixed yearly fee of Rs 900, Rs 4500 or Rs 9500. The brokerage in Rs 900 Prime Plan is 0.25% in cash, 0.025% in intra-day and future and Rs 35 per lot for options.
Is ICICI a good broker?
ICICI Direct is one of the largest and a good stock broker.
Is ICICI brokerage safe?
ICICIdirect – Safe, Reliable & Trustworthy Broker. ICICIdirect is a safe and trusted stockbroker for many reasons including it being a part of ICICI Bank, a reputed private sector bank in India, ICICI Securities being a stock market listed company, huge customer base, and no major violation reported to date.
What is fund balance and securities balance in Icici direct?
Funds balance is cash available with you and Securities balance is shares available with you.
What is free brokerage in ICICI Direct?
ICICIdirect Neo is our revolutionary new-age brokerage plan where you have to pay Zero Brokerage on Futures, only Rs. 20 per order on unlimited Options and Equity Intraday trades.
What is free limit in ICICI Direct?
## Demat Transfer Scheme
| Free brokerage offered on shares transfer | |
|---|---|
| Transfer value of Demat Holdings | Free Brokerage Value |
| 50 Lacs and above to 1 Cr | ₹ 25,000 |
| 10 to 50 Lacs | ₹ 15,000 |
| 5 to 10 Lacs | ₹ 10,000 |
What is Bsda ICICI Direct?
Introduction. In 2012, the Securities and Exchange Board of India [SEBI] introduced an exclusive demat account for small investors called Basic Services Demat Account [BSDA].
Is Zerodha better than ICICI Direct Quora?
Zerodha is much better than ICICI Direct, whether you are a trader or an investor. ICICI does not have bracket order functionality.