ICICI Direct Vs Achiievers Equities
| |ICICI Direct Vs Achiievers Equities comparison here talks about the differences between these two stockbrokers in terms of multiple aspects. If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.
Here are the details:
ICICI Direct Vs Achiievers Equities Comparison
Here is a point by point comparison of ICICI Direct Vs Achiievers Equities.
ICICI Direct is a retail trading flagship of ICICI Securities. With more than 35 lakh customers, ICICI Direct is the biggest retail full-service stock broker company in India.
Achiievers Equities is a one of its own kind discount broker that provides fixed brokerage plans at Month, Day and Trade level but also provides research reports and market tips. At the same time, Achiievers Equities provides a 3-in-1 account offering convenience to its clients when it comes to payment transfers.
Discount brokers such as Achiievers Equities offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, Full-service brokers such as ICICI Direct will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between ICICI Direct Vs Achiievers Equities to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
ICICI Direct Vs Achiievers Equities Details
Generally, above-mentioned aspects are good enough to make a decision based on your preference but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Achiievers Equities Review | ICICI Direct Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2012 | 2000 |
Number of branches across India | 1 | 154 |
Exchanges | NSE, BSE, MCX, MCX-SX, NSEL | BSE, NSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹750 | ₹0 |
Trading Account Annual Maintenance Charges | ₹400 | ₹700 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | Achiievers Equities Transaction Charges | ICICI Direct Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.55% |
Intraday Delivery | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.275% |
Equity Futures | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.03% to 0.05% |
Equity Options | ₹15 per executed order OR ₹750 per month for Unlimited Trades | ₹35 to ₹95 per lot |
Currency Futures | ₹15 per executed order OR ₹750 per month for Unlimited Trades | 0.03% to 0.05% |
Currency Options | ₹15 per executed order OR ₹750 per month for Unlimited Trades | ₹10 to ₹25 per lot |
Commodity | ₹15 per executed order OR ₹750 per month for Unlimited Trades | NA |
Calculate Brokerage | Achiievers Equities Brokerage Calculator | ICICI Direct Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 times for Intraday, 0 for Delivery | Intraday upto 25 times & Delivery upto 5 times |
Equity Futures | Upto 2 times | Upto 4 times for intraday |
Equity Options | NA | NA |
Currency Futures | NA | NA |
Currency Options | Upto 2 times | NA |
Commodities | Upto 4 times | NA |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | NOW Online, NOW Trader | TraderRacer |
Total BSE+NSE Complaints | 3 | 180 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with ICICI Direct Vs Achiievers Equities for the benefits of other readers? Please feel free to share in the comments below.
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