ICICI Direct Vs Upstox Share Broker Comparison

ICICI Direct Vs Upstox step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

ICICI Direct Vs Upstox Side-by-side Comparison

Broker NameICICI DirectUpstox
Broker InfoICICI Direct ReviewUpstox Review

ICICI Direct Vs Upstox Background.

ICICI Direct Vs Upstox compare- Basic Background.

BackgroundICICI DirectUpstox
Incorporation Year20002011 Started as RKSV
Broker ServicesFull-Service Discount BrokerDiscount Broker
Website URLwww.icicidirect.comwww.upstox.com
Contact Number1860 123 1122  022-61309999
Exchanges AccessibleNSE, BSENSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)NSDL & CDSLNSDL- Partnership with ILFS
Active Total Client10,00,000+ Clients100000+ Clients

Introduction

ICICI Direct Vs Upstox compare – Small Reviews and Broker Inquiry form.

IntroductionBroker Reviews / OpinionBroker Inquiry
ICICI DirectICICI Direct is a subsidary of ICICI bank. ICICIDirect is india’s one of the top 5 full service stock broker. Offers all services at one palce like Trading account+ Bank account+ Demat AccountGet Callback
UpstoxUpstox is reputed discount broker with low brokerage charges for per order. Customer care support is very good. Upstox is suitable for both the intraday trader as well as investors.Get Callback

Broker Ratings and Reviews

ICICI Direct Vs Upstox compare – Star ratings and reviews range of 1 to 5.

Broker Rating/ReviewsICICI DirectUpstox
Opening Charges★★★★★★★★★
Commissions & Fees★★★★★★★★★
Trading Platforms & Tools★★★★★★★★★
Order Execution★★★★★★★★★
Fund Add/Withdraw★★★★★★★★★
Customer Services★★★★★★★★
Overall Rating★★★★★★★★

Usable for Investors Category

ICICI Direct Vs Upstox Online compare – This stockbroker is useful for what kind of investor.

Useful for Type of InvestorsICICI DirectUpstox
Day TradersYes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔

Account Opening Fees and AMC

ICICI Direct Vs Upstox compares – Comparison of two share broker for Trading Account, AMC etc.

Account Opening Fees and AMCICICI DirectUpstox
Trading Account Opening Charges₹ 975Rs.150 for Equity 
Trading Annual Maintenance Charges₹ 0Free
Demat Account Opening Fees₹ 0Rs.150
Demat Annual Maintenance Charges₹ 700Rs.150/Per Annum (1st Year Free)
Commodity FeesNARs.150 for Commodity Account
Offer DP ServiceYes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans

ICICI Direct Vs Upstox compare – What types of brokerage plans are available to this stock broker?

Available Brokerage PlansICICI DirectUpstox
Monthly SubscriptionNot Available, ✖Yes, Available ✔
Yearly SubscriptionNot Available, ✖Not Available, ✖
Multiple SubscriptionNot Available, ✖Not Available, ✖

Trading Brokerage Charges

ICICI Direct Vs Upstox compare – A complete comparison of brokerage charges between shares brokers for all segments.

Brokerage ChargesICICI DirectUpstox
Plan Subscription SummeryPercentage Based Brokerage ChargesUpstox charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.
Equity Intraday ChargesEquity Intraday 0.05%Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery ChargesDelivery 0.25%- NegotiableFree
Equity Futures ChargesOne side for Intraday & 0.05% on Turnover overnightRs.20/executed order or 0.01% whichever is lower.
Equity Options ChargesIntraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lotRs.20/executed order or 0.01% whichever is lower.
Currency Futures ChargesOne side for Intraday & 0.05% on Turnover overnightRs.20/executed order or 0.01% whichever is lower.
Currency Options ChargesIntraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lotRs.20/executed order or 0.01% whichever is lower.
Commodity ChargesNARs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage Fees0.05% OR 5 Paisa on 100 rupees0.01% Minimum
Any Hidden CostNo, ✖No, ✖
Call & Trade ChargesFirst 20 Calls Free Than ₹ 25 per call & tradeRs 20 + 18% GST per order

Available Margins / Leverage

ICICI Direct Vs Upstox compare – Full comparison of the Available margins for all segments.

Margins or LeverageICICI DirectUpstox
Equity Margin IntradayUpto 16x times for equity cash.Up to 15 times-Base Plan & Up to 20 times-Priority Plan.
Equity Margin DeliveryUpto 8x times for equity deliveryNo Margin for Delivery.
Equity Margin FuturesUpto 8x times for equity futuresNormal Margin-Up to 4 times for Index & Stock future. Priority Plan- Up to 5 times for Index & Stock future.
Equity Margin OptionsUpto 5x times for equity optionsNormal Margin-Up to 4 times for Index & Stock option short. Priority Plan- Up to 5 times for Index & Stock options. No margin for option buying.
Currency Margin FuturesUpto 8x for currency futuresNRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Currency Margin OptionsUpto 8x for currency optionsNRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Commodity MarginNANRML Plan: 2.5 times. Priority Plan: 3 times. NRML CO: 3 times. Priority CO: 4 times.

Transparency and Transaction and other Government charges, Taxes

ICICI Direct Vs Upstox compare – Comparison of all government charges and Taxes

Transparency & Other FeesICICI DirectUpstox
Equity Day Trading0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Futures Trading0.0019% or Rs.190/per crore.0.0021% or Rs.210/per crore.
Equity Options Trading0.05% or Rs.5000/per crore.0.055% or Rs.5500/per crore.
Currency Futures Trading0.0011% or Rs.110/per crore.0.0015% or Rs.150/per crore.
Currency Options Trading0.04% or Rs.4000/per crore.0.06% or Rs.6000/per crore.
Commodities TradingNAAgri: Rs.275 per crore & Non-Agri: Rs.360 per crore.
AMC Charge₹ 700/- (1st year Free).Free for Trading AMC. Rs.150 PA for Demat AMC
DP Transaction Fees₹ 25/per transaction.Rs 15.50 per debit instruction
Offline order placing Charge₹ 25 /per call.Rs. 20 per order
Sebi ChargesRs.15/per cr.Rs.15/per cr.
GST 18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.
Stamp Duty As per Clients state.As per Clients state.

Available Trading Platform / Software

ICICI Direct Vs Upstox compare – All three trading platform names and URL path to download.

Trading Platforms / SoftwareICICI DirectUpstox
Desktop Trading PlatformTrade RacerDartstock/NEST TRADER/FOX TRADER
Web Basedsecure.icicidirect.compro.upstox.com
Mobile ApplicationICICI Direct MobileUpstox

Trading Platform Details

ICICI Direct Vs Upstox compare – Side-by-side comparison of trading platforms features.

Trading Platform DetailsICICI DirectUpstox
Demo (Desktop) PlatformDemo LinkYes, Available ✔
Windows Desktop platform Yes, Available ✔Yes, Available ✔
MAC Desktop platform No, ✖No, ✖
Web Trading URLsecure.icicidirect.compro.upstox.com
Web Trading Portals InfoYes, Available ✔Upstox.com
Mobile SiteYes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔
Mobile Trading ApplicationDownload LinkUpstox
Mobile App DemoDemo LinkDemo
Android / Ios Mobile AppYes, ✔ Both AvailableYes, ✔ Both Available

Charting Facility

ICICI Direct Vs Upstox compare – Charts, types of charts and more.

ChartingICICI DirectUpstox
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔
Coding/BacktestingNo, ✖Not Available, ✖

Reporting

ICICI Direct Vs Upstox compare – Profit and loss Statements, Trading details on register email id and trading contract notes.

ReportingICICI DirectUpstox
Trade Online  ReportsYes, Available ✔Yes, Available ✔
PNL Online ReportsYes, Available ✔Yes, Available ✔
Online Contract Notes Yes, Available ✔Yes, Available ✔

Trading Support and Tools

ICICI Direct Vs Upstox compare – Complete comparison between tools and other supported options.

Support & ToolsICICI DirectUpstox
Research & TipsYes, Available ✔No, ✖
Brokerage CalculatorNo, ✖Yes, Available ✔
Span Margin CalculatorNo, ✖Yes, Available ✔
Trailing StoplossNo, ✖No, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features

ICICI Direct Vs Upstox compare – Before open account with any two share broker of this pls compare available features rather than buying and selling.

Useful Trading FeaturesICICI DirectUpstox
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔No, ✖
Instant Fund withdrawalYes, Available ✔No, ✖(24 hours)
Relationship Managers (RM)Yes, Available ✔No, ✖
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔Yes, Available ✔(Free)
Online DemoYes, Available ✔Yes, Available ✔
Online Portfolio Yes, Available ✔Yes, Available ✔
Margin for Future TradingYes, Available ✔Yes, Available ✔
Combined Records for Equity & CommodityYes, Available ✔Yes, Available ✔
Intraday Sq.off Timing3.15 PM3.15 PM
Can NRI TradeYes, Available ✔Yes, Available ✔
Extra FeaturesAsk to BrokerPivot Point Indicator on Chart

Services and Available Option Category

ICICI Direct Vs Upstox compare – Many share brokers offer investment options like banking, insurance etc.

Investment Service and Available OptionsICICI DirectUpstox
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔
Commodity Yes, Available ✔Yes, Available ✔
Online IPO RequestYes, Available ✔No, ✖
Mutual Funds (MF)Yes, Available ✔Yes, Available ✔
Bonds / Negotiable Certificate of DepositYes, Available ✔No, ✖
Exchange-Traded Fund (ETF)Yes, Available ✔Yes, Available ✔
Banking ServicesYes, Available ✔No, ✖
Direct InsuranceYes, Available ✔No, ✖
Forex InvestmentYes, Available ✔No, ✖
MF SIP InvestmentsYes, Available ✔No, ✖
PMS ServicesYes, Available ✔No, ✖
Other OptionsAsk to BrokerAsk to Broker

Fund ADD / Fund Withdrawal Procedure

ICICI Direct Vs Upstox compares – Comparison of Fund pay-in & Payout available options, Timing and available banks.

Fund Add/Withdrawal ProcessICICI DirectUpstox
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank TranferAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout24 hours (working days)24 hours (working days).
Linked BankYou can linked ICICI Bank accountNear about 30 bank available for fund credit and Rs.7 for per transaction.

Trading Order Types

ICICI Direct Vs Upstox compare – A side-by-side comparison of differently operate available trading orders.

Trading Order TypesICICI DirectUpstox
Cash N Carry (CNC Order)Yes, Available ✔Yes, Available ✔
Margin Intraday Square (MIS Order)Yes, Available ✔Yes, Available ✔
Normal (NRML Order)Yes, Available ✔Yes, Available ✔
Cover OrderYes, Available ✔Yes, Available ✔
Bracket OrderNo, ✖Yes, Available ✔
Buy Today Sell Tomorrow (BTST)No InformationYes, Available ✔
Sell Today Buy Tomorrow (STBT)No InformationYes, Available ✔
AMO -After Market OrderYes, Available ✔Yes, Available ✔
GTG-Good Till CancelledYes, Available ✔No, ✖

Customer Care Services and Numbers

ICICI Direct Vs Upstox compare – Customer care complete comparison.

Customer Care ServicesICICI DirectUpstox
Customer Care Service 24/7No, ✖No, ✖
Email SupportYes, Available ✔Yes, Available ✔
Live Chat OnlineNo, ✖No, ✖
Phone SupportYes, Available ✔Yes, Available ✔
Toll-Free NumberYes, Available ✔No, ✖
Support by BranchYes, Available ✔Yes, Available ✔(Main Office)
Customer Care Contact Number1860 123 1122   91 2261309999
Account Opening ProcedurePaperlessPaperless
Customer Support Emailcustomercare@icicisecurities.comsupport@upstocx.com
Complaints Support Emailcomplianceofficer@icicisecurities.comcomplaints@upstox.com, complaints.mcx@upstox.com
Educational BlogFinancial Services BlogYes, Available ✔
Head Office AddressICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai – 400020
30th Floor,
Sunshine Tower,
Senapati Bapat Marg,
Dadar West,
Mumbai 400013

Investment Advice/Tips/ Research & Reports

ICICI Direct Vs Upstox compare – Comparison of Advisory, Analysis reports, and Tips, research etc.

Investment Advice -Tips, Research & ReportsICICI DirectUpstox
Equity ResearchYes, Available ✔No, ✖
Mutual Fund ResearchYes, Available ✔No, ✖
ETF ResearchNo, ✖No, ✖
Daily ReportYes, Available ✔No, ✖
Free Tips- AdvisoryYes, Available ✔No, ✖
Company Result AnalysisYes, Available ✔No, ✖
News & AlertsYes, Available ✔No, ✖

Advantages & Disadvantages

ICICI Direct Vs Upstox compare – Promotional offers Pros and Cons share broker comparison

Advantages & DisadvantagesICICI DirectUpstox
Pros / Likes3-IN-1 Account AvialbleNo charges for Equity Delivery
Excellent Customer Care SupportTechnically high-edge Trading Platform
Branches in your city.Excellent Customer care Support
Fast & Secure Trading Platform Direct mutual fund investments.
Experince in stock brokingDifferent types of orders types available.
cons / DislikesHigh Brokerage ChargesNo stock tips / advisory.
MCX and NCDEX commodity trading is unavailable.Online IPO Application not available.
Higher charges of Rs.25 per transaction for Demat.Rs.20 Extra for call n trade.
Rs.25 Extra for call n trade.
Promotion or offer1st Year Free Demat Annual Maintenance Charges (AMC)Free equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges.

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