ICICI Direct Charges – Find Brokerage, Account Opening, Transaction Charges & more

In this article, you will read about the ICICI Direct Charges that will include all kinds of charges that are levied when you trade. We will start with the ICICI Direct brokerage charges and will take you through the transaction charges.

Then, we will also go through the Demat and trading account opening and annual maintenance charges and other charges which are known as mandatory or statutory charges.

ICICI Direct is known for its various financial and investment services and Demat and trading services are some of its fortes in that. When you are thinking about opening a Demat and trading account to start trading, you must check these ICICI Direct Brokerage Charges.

This is so, you get an understanding of the cost that you may incur if you trade on the ICICI Direct platform. So, let us start with the brokerage charges.

Summary
Equity Delivery Trading 0.55%
Equity Intraday Trading Rs 20 per order
Margin Money 75% Margin
Margin Funding Charges 18% + GST
Reactivation Charges Rs 75 per instruction

ICICI DIRECT offers


What are the ICICI Direct Brokerage Charges?

Brokerage Charges
What are the Equity Delivery Charges? 0.55%
What are the Equity Intraday Charges? Rs 20 per order
What is the brokerage on Equity Futures? Rs 0 (Free)
How much brokerage charged for Equity Options? Rs 20 per order
What is the brokerage on Currency Futures? Rs 20 per order
What is the brokerage on Currency Options? Rs 20 per order
How much brokerage charged for Commodity Trading? Rs 20 per order
Brokerage Calculator ICICI Direct Brokerage Calculator

If you are looking at the table above for the ICICI Direct Brokerage Charges, then you must be thinking that these charges are pretty high, aren’t you? However, if you compare it properly with other premier stock brokerage houses, then you will find that the charges levied by ICICI Direct are quite nominal.

Moreover, as you can see they do not have a fixed brokerage plan and they offer flexible schemes to suit every pocket and every investor’s investment budget.

As you can see in the table above, except for the delivery trades which are charged at 0.55% for each transaction, other segment have a wide range of brokerage charges available. Even the brokerage charges for the options segment are so low which starts from only Rs.20 per lot and goes up to Rs.20 for the equity options.

It is even lower for the currency options as you can check in the table. Similarly, for the cash segment, futures segments, the brokerage charges depend on the brokerage plan you choose.

Before placing the orders, you can always calculate the brokerage amount using the ICICI direct brokerage calculator from this site. This will help you to understand the cost involved in the transaction and then you can easily set your target price by adding the profit margin you want.


Open Demat Account with ICICI Direct Now! – Fill up the Form

    Fill up the details below

    Choose a Service Open Demat Account

    What are the ICICI Direct Account Opening Charges?

    Account Opening Charges
    Is there any Trading Account Charges [One Time]? Rs 0 (Free)
    How much is the Trading Account AMC [Yearly]? Rs 0 (Free)
    Is there any Demat Charges [One Time]? Rs 0 (Free)
    How much is the Demat AMC [Yearly]? Rs 300 (from 2nd year)
    Any minimum Margin Money required? 75% Margin

    The ICICI Direct Demat Charges for opening the account is nil. This means you can open the account for free. However, there is an annual maintenance fee that is charged for the Demat account maintenance by the firm and it is Rs 300 (from 2nd year).

    It is payable on a yearly basis and to run the Demat account you need to pay this amount. ICICI Direct Trading Charges is Rs.0 which is a one-time fee that you need to pay to open the account.

    While you pay this ICICI Direct Account Opening Charges for the trading account, you do not have to pay any annual maintenance fee for the trading account. So, all in all, you have to pay the account opening fee for the trading account and AMC for the Demat account.

    Apart from the account opening charges and AMC, there is a margin money requirement that needs to be fulfilled. It is 75% Margin as the minimum amount which needs to be there in the trading account anytime. It is required for trading.


    Find out Brokerage & Other Charges of Stock Brokers

    Anand Rathi Charges Jhaveri Securities Charges SBI Cap Securities Charges
    Angel Broking Charges JM Financial Charges Shah Investor Charges
    Arihant Capital Charges Karvy Charges Sharekhan Charges
    ASE Capital Markets Charges KIFS Trade Charges Shri Parasram Holdings Charges

    What are the ICICI Direct Transaction Charges?

    Transaction Charges for each segment
    What are the Transaction Charges for Equity Delivery? NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)
    What are the Transaction Charges for Equity Intraday? NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)
    How much is  the Transaction Charges for Equity Futures? Rs 180 per Cr (0.0018%)
    How much is  the Transaction Charges for Equity Options? Rs 5000 per Cr (0.05%) (on premium)
    What are the Transaction Charges for Currency Futures? Rs 120 per Cr (0.0012%)
    What are the Transaction Charges for Currency Options? Rs 5000 per Cr (0.05%) (on premium)
    Any Transaction Charges for Commodity Trading? Group A – Rs 260 per Cr (0.0026%)

    The ICICI Direct Charges for the transaction as you can see in the above table varies for both the exchanges and also across the segments/asset classes. Transaction charges are charged for carrying out the transaction on the stock exchange and it is mandatory to pay this charge to your trader.

    While for the futures segment, the ICICI Direct transaction charges are the same for both the exchanges, and also for the options segments, but different for the delivery and cash segment. For the options, you need to pay the transaction charge on the premium of the options and not only the price of the shares.

    If you compare the transaction charges with other firms, you may find the transaction charges in ICICI Direct are competitively lower than many other firms especially for the futures segments which are 0.00180% for the equity futures and 0.00120% for the currency futures segment.


    What are the other remaining ICICI Direct Charges?

    Other Charges
    How much is the Transaction Charges levied? 0.00280% of Total Turnover
    What are the STT charges? Equity Delivery: 0.1% on both Buy and Sell
    Equity Intraday: 0.025% on the Sell Side
    Equity Futures: 0.01% on Sell Side
    Equity Options: 0.05% on Sell Side(on Premium)
    Commodity Futures: 0.01% on sell side (Non-Agri)
    Commodity Options: 0.05% on sell side
    Currency F&O: No STT
    On Exercise transaction: 0.125%
    Right to entitlement: 0.05% on sell side
    How much is the Stamp Duty levied? (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
    How are the GST charged? 18% on (Brokerage + Transaction Charge + SEBI Fee)
    Any Margin Funding Charges? 18% + GST
    How much is the Reactivation Charge? Rs 75 per instruction
    Any charges Account Closure? NIL
    What are the Dematerialisation Charges? Rs 50

    The above mentioned ICICI Direct Charges / Govt Charges are referred to as the other charges which are imposed by the government and SEBI. These charges are not charged by the brokerage house and thus, are quite similar in all the brokerage firms.

    For example, the STT is the same across all the brokerage houses at a rate of 0.0126% which is levied on the total turnover (except for a few brokerage houses). Similarly, the stamp duty is decided by the state from where you are trading and not the brokerage house or any other entity.

    Then there is GST which you have to pay on the transaction at the rate of 18%. All the other charges are mandatory and need to be paid for each transaction.


    Check out Charges of other Stock Brokers

    5Paisa Charges IIFL Charges Reliance Securities Charges
    Aditya Birla Money Charges Indiabulls Ventures Charges Religare Securities Charges
    Alankit Assignments Charges Integrated Enterprises Charges SAMCO Charges
    Alice Blue Charges Jainam Share Consultants Charges SAS Online Charges

    General FAQs on ICICI Securities Charges

    Lets have a look at the FAQs on ICICI Direct Charges:

    Does ICICI Securities provide fixed brokerage options?

    No, ICICI Direct doesn’t provide any fixed brokerage plans. It has different brokerage schemes for the customers.

    Does ICICI Securities have different brokerage charges for penny stocks?

    No, there are no different brokerage charges for the penny stocks.

    Can I calculate ICICI Securities brokerage even before I place a Trade?

    Yes, you can use the ICICI Direct Brokerage calculator on this site and calculate the brokerage charges for the trade you are going to do.

    Can I calculate ICICI Securities margin / limit / exposure?

    Yes, you can also calculate the exposure, limit, and margin balance before placing the order.

    Is there any account opening fees by ICICI Securities?

    No, there is no account opening fee for the trading or demat account.

    Is there any AMC levied by ICICI Securities?

    Yes, there is annual maintenance charge (AMC) levied by ICICI Direct but only on the Demat account and not on the trading account.


    ICICI Direct Charges – Conclusion

    As you read about the ICICI Direct Charges including the ICICI Direct Demat Charges, transaction charges, brokerage charges, it must have been a clearer picture now for you to understand the expenses you are going to incur by trading on this platform.

    ICICI Direct charges are quite reasonable for most of the segments and also there are efficient services and a wide range of products to support your trading needs.


    Open Demat Account with ICICI Direct Now! – Fill up the Form

      Fill up the details below

      Choose a Service Open Demat Account

      Find out Brokerage Charges of other Stock Brokers

      Asit C Mehta Charges Kotak Securities Charges Shriram Insight Charges
      Astha Trade Charges KR Choksey Charges SMC Global Charges
      Axis Direct Charges Kunvarji Finstock Charges Standard Chartered Securities Charges
      Upstox Charges ICICI Direct Charges Zerodha Charges

      Most Read Topics

      Top 10 Trading Platforms
      Best Mobile Trading App
      Top 10 Stock Brokers in India
      Best Intraday Brokers in India
      Stock Brokers Review
      Brokerage Calculator
      Margin Calculator
      IPO Review

      Leave a Reply

      ++++++++++++++++++++++++++++++++++++++++++++++++++++++20979DEMAT%%%%%%%
      Get 90% Discount on Brokerage Now! Open Demat Account
      ×

      Share your details & Become Sub Broker Now!



        Choose Service
        Open Demat Account

        Offer valid for limited time.

        ×

        Share your details & Open Demat A/C Now!



          Choose Service
          Open Demat Account

          Offer valid for limited time.

          ×

          Share your details & Get IPO Allotment Now!



            Choose Service
            Open Demat Account

            Offer valid for limited time.

            ×

            Share your details & Invest in PMS Now!



              Choose Service
              Open Demat Account

              Offer valid for limited time.