Angel Broking Vs ICICI Direct : Side By Side Comparison

In this page, I am providing side by side comparison of Angel Broking Vs  ICICI Direct

ICICI Direct is a brokerage arm of ICICI bank and hence provide 3-in-1 demat account. It enables seamless transfer of funds within the accounts. Brokerage of this broker is on higher side.

Whereas Angel Broking is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.

But still there are lot of differences between these two brokers.

angel-broking-vs-icici-direct-1

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of Angel Broking Vs ICICI Direct  :

Parameters

Angel Broking

ICICI Direct

angel-broking-Logo
icici-direct-logo
Review
Type of Broker
Full Service Broker
Full Service Broker
Incorporation Year
1987
2000
Supported Exchanges
NSE, BSE, MCX and MCX-SX
NSE & BSE

Account Related Charges

Trading Account Opening Fees
Rs 0
Rs 0
Trading Account AMC
Rs 450
Rs 0
Demat Account Opening Fees
Rs 0
Rs 975
Demat Account AMC
Rs 0
Rs 600

Brokerage Charges

Equity Delivery Brokerage
0.16% to 0.4%
0.55%
Equity Intraday Brokerage
0.016% to 0.04%
0.275%
Equity Futures Brokerage
0.016% to 0.04%
0.03% to 0.05%
Equity Options Brokerage
Rs 16/lot to Rs 40/lot
Rs 35/lot to Rs 95/lot
Currency Futures Trading Brokerage
0.008% to 0.016%
0.03% to 0,05%
Currency Options Trading Brokerage
Rs 3.2/lot to Rs 6.4/lot
Rs 10/lot to Rs 25/lot
Commodity Trading Brokerage
0.3%
NA
Minimum Brokerage Charges
5Paisa per Share
Rs 35 per trade
Monthly Unlimited Plans
Brokerage Calculator
Angel Broking Brokerage Calculator
ICICI Direct Calculator

Transaction Charges

Equity Delivery
0.00325%
0.0031%
Equity Intraday
0.00325%
0.0031%
Equity Futures
0.00190%
0.00180%
Equity Options
0.0500% (On Premium)
0.050% (On Premium)
Currency Futures
0.00190%
0.00120%
Currency Options
0.05000% (On Premium)
0.050% (On Premium)
Commodity
0.00150% (MCX) & 0.00300% (NCDEX)
NA

Exposure

Equity
Upto 10 times Intraday and 3 times Delivery
Upto 25 times Intraday and 5 times Delivery
Equity Futures
Upto 4 times Intraday
Upto 4 times Intraday
Equity Options
No leverage for buying; Upto 3 times for Selling.
Upto 4 times Intraday
Currency Futures
Upto 2 times Intraday
Upto 4 times Intraday
Currency Options
No leverage for buying; Upto 2 times for Selling.
Upto 4 times Intraday
Commodities
Upto 3 times intraday
NA

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
Angel Broking Speed Pro, Angel Broking Web and App
ICICI Direct Trade Racer ( Desktop & Web), ICICI Direct Mobile App

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • Zero Account Opening Charges
  • Zero AMC Charges for First Year
  • NIL
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of ICICI Direct with other Brokers:

ICICI Direct in comparison with other Stock Brokers

Point By Point Comparison of Angel Broking with other Brokers:

Angel Broking in comparison with other Stock Brokers

Angel Broking in comparison with other Stock Brokers

You can compare any two stock brokers of your choice by visiting Comparison of Indian Stock Brokers page

5/5 - (1 vote)