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 Name | ICICI Direct | Upstox |
| Broker Info | ICICI Direct Review | Upstox Review |
ICICI Direct Vs Upstox Background.
ICICI Direct Vs Upstox compare- Basic Background.
| Background | ICICI Direct | Upstox |
| Incorporation Year | 2000 | 2011 Started as RKSV |
| Broker Services | Full-Service Discount Broker | Discount Broker |
| Website URL | www.icicidirect.com | www.upstox.com |
| Contact Number | 1860 123 1122 | 022-61309999 |
| Exchanges Accessible | NSE, BSE | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | NSDL & CDSL | NSDL- Partnership with ILFS |
| Active Total Client | 10,00,000+ Clients | 100000+ Clients |
Introduction
ICICI Direct Vs Upstox compare – Small Reviews and Broker Inquiry form.
| Introduction | Broker Reviews / Opinion |
| ICICI Direct | ICICI 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 Account |
| Upstox | Upstox 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. |
Broker Ratings and Reviews
ICICI Direct Vs Upstox compare – Star ratings and reviews range of 1 to 5.
| Broker Rating/Reviews | ICICI Direct | Upstox |
| 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 Investors | ICICI Direct | Upstox |
| Day Traders | Yes, Available ✔ | Yes, Available ✔ |
| Active Investor/Trader | Yes, Available ✔ | Yes, Available ✔ |
| Investor | Yes, 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 AMC | ICICI Direct | Upstox |
| Trading Account Opening Charges | ₹ 975 | Rs.150 for Equity |
| Trading Annual Maintenance Charges | ₹ 0 | Free |
| Demat Account Opening Fees | ₹ 0 | Rs.150 |
| Demat Annual Maintenance Charges | ₹ 700 | Rs.150/Per Annum (1st Year Free) |
| Commodity Fees | NA | Rs.150 for Commodity Account |
| Offer DP Service | Yes, 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 Plans | ICICI Direct | Upstox |
| Monthly Subscription | Not Available, ✖ | Yes, Available ✔ |
| Yearly Subscription | Not Available, ✖ | Not Available, ✖ |
| Multiple Subscription | Not Available, ✖ | Not Available, ✖ |
Trading Brokerage Charges
ICICI Direct Vs Upstox compare – A complete comparison of brokerage charges between shares brokers for all segments.
| Brokerage Charges | ICICI Direct | Upstox |
| Plan Subscription Summery | Percentage Based Brokerage Charges | Upstox charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery. |
| Equity Intraday Charges | Equity Intraday 0.05% | Rs.20/executed order or 0.01% whichever is lower. |
| Equity Delivery Charges | Delivery 0.25%- Negotiable | Free |
| Equity Futures Charges | One side for Intraday & 0.05% on Turnover overnight | Rs.20/executed order or 0.01% whichever is lower. |
| Equity Options Charges | Intraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot | Rs.20/executed order or 0.01% whichever is lower. |
| Currency Futures Charges | One side for Intraday & 0.05% on Turnover overnight | Rs.20/executed order or 0.01% whichever is lower. |
| Currency Options Charges | Intraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot | Rs.20/executed order or 0.01% whichever is lower. |
| Commodity Charges | NA | Rs.20/executed order or 0.01% whichever is lower. |
| Minimum Brokerage Fees | 0.05% OR 5 Paisa on 100 rupees | 0.01% Minimum |
| Any Hidden Cost | No, ✖ | No, ✖ |
| Call & Trade Charges | First 20 Calls Free Than ₹ 25 per call & trade | Rs 20 + 18% GST per order |
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Available Margins / Leverage
ICICI Direct Vs Upstox compare – Full comparison of the Available margins for all segments.
| Margins or Leverage | ICICI Direct | Upstox |
| Equity Margin Intraday | Upto 16x times for equity cash. | Up to 15 times-Base Plan & Up to 20 times-Priority Plan. |
| Equity Margin Delivery | Upto 8x times for equity delivery | No Margin for Delivery. |
| Equity Margin Futures | Upto 8x times for equity futures | Normal Margin-Up to 4 times for Index & Stock future. Priority Plan- Up to 5 times for Index & Stock future. |
| Equity Margin Options | Upto 5x times for equity options | Normal 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 Futures | Upto 8x for currency futures | NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times |
| Currency Margin Options | Upto 8x for currency options | NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times |
| Commodity Margin | NA | NRML Plan: 2.5 times. Priority Plan: 3 times. NRML CO: 3 times. Priority CO: 4 times. |
Transparency and Transaction and other Government charges, Tax e s
ICICI Direct Vs Upstox compare – Comparison of all government charges and Taxes
| Transparency & Other Fees | ICICI Direct | Upstox |
| Equity Day Trading | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Delivery | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Futures Trading | 0.0019% or Rs.190/per crore. | 0.0021% or Rs.210/per crore. |
| Equity Options Trading | 0.05% or Rs.5000/per crore. | 0.055% or Rs.5500/per crore. |
| Currency Futures Trading | 0.0011% or Rs.110/per crore. | 0.0015% or Rs.150/per crore. |
| Currency Options Trading | 0.04% or Rs.4000/per crore. | 0.06% or Rs.6000/per crore. |
| Commodities Trading | NA | Agri: 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 Charges | Rs.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 / Software | ICICI Direct | Upstox |
| Desktop Trading Platform | Trade Racer | Dartstock/NEST TRADER/FOX TRADER |
| Web Based | secure.icicidirect.com | pro.upstox.com |
| Mobile Application | ICICI Direct Mobile | Upstox |
Trading Platform Details
ICICI Direct Vs Upstox compare – Side-by-side comparison of trading platforms features.
| Trading Platform Details | ICICI Direct | Upstox |
| Demo (Desktop) Platform | Demo Link | Yes, Available ✔ |
| Windows Desktop platform | Yes, Available ✔ | Yes, Available ✔ |
| MAC Desktop platform | No, ✖ | No, ✖ |
| Web Trading URL | secure.icicidirect.com | pro.upstox.com |
| Web Trading Portals Info | Yes, Available ✔ | Upstox.com |
| Mobile Site | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Availability | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Application | Download Link | Upstox |
| Mobile App Demo | Demo Link | Demo |
| Android / Ios Mobile App | Yes, ✔ Both Available | Yes, ✔ Both Available |
Charting Facility
ICICI Direct Vs Upstox compare – Charts, types of charts and more.
| Charting | ICICI Direct | Upstox |
| Intraday (Day Chart) | Yes, Available ✔ | Yes, Available ✔ |
| End of Day (Daily Chart) | Yes, Available ✔ | Yes, Available ✔ |
| Coding/Backtesting | No, ✖ | Not Available, ✖ |
Reporting
ICICI Direct Vs Upstox compare – Profit and loss Statements, Trading details on register email id and trading contract notes.
| Reporting | ICICI Direct | Upstox |
| Trade Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| PNL Online Reports | Yes, 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 & Tools | ICICI Direct | Upstox |
| Research & Tips | Yes, Available ✔ | No, ✖ |
| Brokerage Calculator | No, ✖ | Yes, Available ✔ |
| Span Margin Calculator | No, ✖ | Yes, Available ✔ |
| Trailing Stoploss | No, ✖ | No, ✖ |
| Training & Education | Yes, ✔ Blogs, Articles | Yes, ✔ 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 Features | ICICI Direct | Upstox |
| 3 in 1 Account (Bank+Trading+Demat) | Yes, Available ✔ | No, ✖ |
| Instant Fund withdrawal | Yes, Available ✔ | No, ✖(24 hours) |
| Relationship Managers (RM) | Yes, Available ✔ | No, ✖ |
| Charts | Yes, Available ✔ | Yes, Available ✔ |
| Algo Trading / Robot | No, ✖ | No, ✖ |
| Mobile SMS Alerts | Yes, Available ✔ | Yes, Available ✔(Free) |
| Online Demo | Yes, Available ✔ | Yes, Available ✔ |
| Online Portfolio | Yes, Available ✔ | Yes, Available ✔ |
| Margin for Future Trading | Yes, Available ✔ | Yes, Available ✔ |
| Combined Records for Equity & Commodity | Yes, Available ✔ | Yes, Available ✔ |
| Intraday Sq.off Timing | 3.15 PM | 3.15 PM |
| Can NRI Trade | Yes, Available ✔ | Yes, Available ✔ |
| Extra Features | Ask to Broker | Pivot 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 Options | ICICI Direct | Upstox |
| Equity Cash & Future & Option | Yes, Available ✔ | Yes, Available ✔ |
| Currency Derivatives (Forex) | Yes, Available ✔ | Yes, Available ✔ |
| Commodity | Yes, Available ✔ | Yes, Available ✔ |
| Online IPO Request | Yes, Available ✔ | No, ✖ |
| Mutual Funds (MF) | Yes, Available ✔ | Yes, Available ✔ |
| Bonds / Negotiable Certificate of Deposit | Yes, Available ✔ | No, ✖ |
| Exchange-Traded Fund (ETF) | Yes, Available ✔ | Yes, Available ✔ |
| Banking Services | Yes, Available ✔ | No, ✖ |
| Direct Insurance | Yes, Available ✔ | No, ✖ |
| Forex Investment | Yes, Available ✔ | No, ✖ |
| MF SIP Investments | Yes, Available ✔ | No, ✖ |
| PMS Services | Yes, Available ✔ | No, ✖ |
| Other Options | Ask to Broker | Ask 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 Process | ICICI Direct | Upstox |
| Fund Pay In and Pay out | Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer | Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer |
| Time for Payout | 24 hours (working days) | 24 hours (working days). |
| Linked Bank | You can linked ICICI Bank account | Near 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
| Trading Order Types | ICICI Direct | Upstox |
| 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 Order | Yes, Available ✔ | Yes, Available ✔ |
| Bracket Order | No, ✖ | Yes, Available ✔ |
| Buy Today Sell Tomorrow (BTST) | No Information | Yes, Available ✔ |
| Sell Today Buy Tomorrow (STBT) | No Information | Yes, Available ✔ |
| AMO -After Market Order | Yes, Available ✔ | Yes, Available ✔ |
| GTG-Good Till Cancelled | Yes, Available ✔ | No, ✖ |
Customer Care Services and Numbers
ICICI Direct Vs Upstox compare – Customer care complete comparison.
| Customer Care Services | ICICI Direct | Upstox |
| Customer Care Service 24/7 | No, ✖ | No, ✖ |
| Email Support | Yes, Available ✔ | Yes, Available ✔ |
| Live Chat Online | No, ✖ | No, ✖ |
| Phone Support | Yes, Available ✔ | Yes, Available ✔ |
| Toll-Free Number | Yes, Available ✔ | No, ✖ |
| Support by Branch | Yes, Available ✔ | Yes, Available ✔(Main Office) |
| Customer Care Contact Number | 1860 123 1122 | 91 2261309999 |
| Account Opening Procedure | Paperless | Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Complaints Support Email | [email protected] | [email protected], [email protected] |
| Educational Blog | Financial Services Blog | Yes, Available ✔ |
| Head Office Address | ICICI 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 & Reports | ICICI Direct | Upstox |
| Equity Research | Yes, Available ✔ | No, ✖ |
| Mutual Fund Research | Yes, Available ✔ | No, ✖ |
| ETF Research | No, ✖ | No, ✖ |
| Daily Report | Yes, Available ✔ | No, ✖ |
| Free Tips- Advisory | Yes, Available ✔ | No, ✖ |
| Company Result Analysis | Yes, Available ✔ | No, ✖ |
| News & Alerts | Yes, Available ✔ | No, ✖ |
Advantages & Disadvantages
ICICI Direct Vs Upstox compare – Promotional offers Pros and Cons share broker comparison
| Advantages & Disadvantages | ICICI Direct | Upstox |
| Pros / Likes | 3-IN-1 Account Avialble | No charges for Equity Delivery |
| Excellent Customer Care Support | Technically high-edge Trading Platform | |
| Branches in your city. | Excellent Customer care Support | |
| Fast & Secure Trading Platform | Direct mutual fund investments. | |
| Experince in stock broking | Different types of orders types available. | |
| cons / Dislikes | High Brokerage Charges | No 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 offer | 1st 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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