Are Icici direct recommendations good?
ICICI Direct is one of the largest and a good stock broker. ICICI Direct was the largest stock broker for over 20 years until year 2019. It lost its number 1 position to Zerodha in terms of number of active clients.
Which one is better Zerodha or Icici direct?
Zerodha is better than ICICI Direct in the following ways: Zerodha offers brokerage-free equity and mutual fund investment. ICICI Direct charges 0.55% brokerage for equity delivery. Zerodha call and trade charges are Rs 20 per trade while ICICI Direct charges Rs 50. Zerodha doesn’t charge any subscription fee.
Is Icici Direct is safe?
Therefore, we can safely conclude that ICICI Direct is secure and safe. While trading in financial investments, losing money rapidly due to trading Equity Trading, Derivatives Trading, Mutual Fund & IPO, Fixed Deposit, Bond, NCD, wealth products is not uncommon.
How good is Icici direct research?
Having said that, ICICI Direct research does an average job when it comes to short-term investments as compared to its fundamental research. Thus, users are advised to perform a high-level analysis at their end as well after using these reports before they put their capital in the share market.
What is protection rate in Icici direct?
While placing a market order in BSE the ICICI Direct system places a 3% protection percentage is on the order placed by the customer. If, after order placement, the price at the exchange exceeds 3 % the order gets cancelled.
Is Icici Direct costly?
ICICIDirect charges Rs. 300 per annum with respect to the annual maintenance charges for Trading Account and Rs. 0 per annum with respect to the annual maintenance charges for Trading Account.
Why Icici Shares are falling?
And when such players enter the market, the traditional business models are bound to fail, which is the major reason behind the declining market share of ICICI Securities. They didn’t take any steps to stay updated with the competition. The company is just being reactive rather than being proactive.
How can I reduce my Icici direct brokerage?
The brokerage reduces as you move to a higher prepaid plan. ICICI Direct Prime Plan offers an eATM facility with reduced brokerage charges for a fixed yearly fee of Rs 900, Rs 4500 or Rs 9500. The brokerage in Rs 900 Prime Plan is 0.25% in cash, 0.025% in intra-day and future and Rs 35 per lot for options.
How can stop loss in Icici direct?
ICICI Direct customers can place a stop-loss order in the ICICI Direct website or mobile app using the regular buy/sell order form. You just have to fill an additional field ‘Stop Loss Trigger Price’ in the order form and place the order. A stop-loss (SL) order gets activated only when the set trigger price is reached.
How can I get refund from Icici direct?
Yes. You can withdraw your unutilized funds at any time by placing an online request.
How is ICICI Direct rated by customers?
ICICI Direct is already a very big name which is purely evident as per its customer ratings & review. The company has secured an overall rating of 4 out of 5 stars on the basis of 4026 customers. These reviews are based upon various services as listed in the table above like research, brokerage charges etc.
How ICICI Direct made online trading popular in India?
The credit of making online trading popular in India should definitely go to ICICIDirect. Because of their early entry into the online broking, they could reap the benefit by adding thousands of customers until they started feeling the heat from discount brokers. In this review, let us understand more about ICICI Direct.
Is icicidirect good for day trading?
ICICIdirect conducts online and class room kind of training classes. It will be helpful to you if you are new to market. But we advice you to stay away from ICICIdirect if you are concerned about the brokerage cost. If you are a day trader as we already mentioned, you will be giving out huge chunk of your profit to ICICIdirect.
What is 3-in-1 account in icicidirect?
To facilitate the trade, ICICIDirect has a unique combination of 3-in-1 account which integrates ICICI Bank saving Account, ICICIDirect online Trading Account and ICICI Bank Demat Account. ICICI Demat services are offered through ICICI Bank. They are DP with NSDL and CDSL.