ICICI Direct Vs Zeroshulk: Side By Side Comparison

In this page, I am providing side by side comparison of ICICI Direct Vs Zeroshulk .

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.

Zeroshulk comes under Discount Broker category. Hence they offer limited services but charges flat brokerage charges.

There are lot of differences between these two brokers.

 

icicidirect-vs-zeroshulk-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 ICICI Direct Vs Zeroshulk:

Parameters

ICICI Direct

Zeroshulk

icici-direct-logo
Zeroshulk  Logo
Review
Type of Broker
Full Service Broker
Discount Broker
Incorporation Year
2000
2015
Supported Exchanges
NSE & BSE
NSE, BSE, MCX-SX , MCX

Account Related Charges

Trading Account Opening Fees
Rs 0
Rs 0
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 975
Rs 0
Demat Account AMC
Rs 600
Rs 300 (Free for First Year)

Brokerage Charges

Equity Delivery Brokerage
0.55%
Rs 15 per executed order
Equity Intraday Brokerage
0.275%
Rs 15 per executed order
Equity Futures Brokerage
0.03% to 0.05%
Rs 15 per executed order
Equity Options Brokerage
Rs 35/lot to Rs 95/lot
Rs 15 per executed order
Currency Futures Trading Brokerage
0.03% to 0,05%
Rs 15 per executed order
Currency Options Trading Brokerage
Rs 10/lot to Rs 25/lot
Rs 15 per executed order
Commodity Trading Brokerage
NA
Rs 15 per executed order
Minimum Brokerage Charges
Rs 35 per trade
NIL
Monthly Unlimited Plans
Brokerage Calculator
ICICI Direct Calculator
Zeroshulk Brokerage Calculator

Transaction Charges

Equity Delivery
0.0031%
0.0035%
Equity Intraday
0.0031%
0.0035%
Equity Futures
0.00180%
0.0019%
Equity Options
0.050% (On Premium)
0.05% (On Premium)
Currency Futures
0.00120%
0.0019%
Currency Options
0.050% (On Premium)
0.05% (On Premium)
Commodity
NA
0.0031%

Exposure

Equity
Upto 25 times Intraday and 5 times Delivery
Upto 20 times Intraday and 4 times for Delivery
Equity Futures
Upto 4 times Intraday
4 times for Intraday
Equity Options
Upto 4 times Intraday
No leverage for buying, upto 4 times for short selling
Currency Futures
Upto 4 times Intraday
Upto 4 times intraday
Currency Options
Upto 4 times Intraday
Upto 4 times intraday
Commodities
NA
Upto 4 times intraday

Features

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

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

  • NIL
  • Zero Account Opening Charges
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 Zeroshulk with other Brokers:

Zeroshulk in comparison with other Stock Brokers