Looking for Low Brokerage, High Margin & Free Tips?
Yes Securities Vs ICICI Direct
| | Broker Comparison, Trading | No Comments
Yes Securities Vs ICICI Direct 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:
Yes Securities Vs ICICI Direct Comparison
Here is a point by point comparison of Yes Securities Vs ICICI Direct. Yes Securities, a bank based full-service stockbroker, was established in 2013 and has its headquarters in Mumbai. The broker offers free demat and trading account provides tips and research to its clients at a reasonable brokerage percentage-based rate.
With more than 35 lakh customers, ICICI Direct, another bank based stockbroker, is the biggest retail stockbroker company in India (in terms of the number of clients).
Full-service brokers such as Yes Securities or ICICI Direct will help you, spoon feed you, hand hold 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 Yes Securities Vs ICICI Direct 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
Yes Securities Vs ICICI Direct Detail
Generally, above-mentioned aspects are good enough to make a decision based on your preferences 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.
 |  | |
| Yes Securities Review | ICICI Direct Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2013 | 2000 |
| Number of branches across India | 52 | 154 |
| Exchanges | BSE, NSE | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹700 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹500 | ₹0 |
| Transaction Charges | Yes Securities Transaction Charges | ICICI Direct Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.45% or ₹25 whichever is higher | 0.55% |
| Intraday Delivery | 0.05% | 0.275% |
| Equity Futures | 0.05% | 0.03% to 0.05% |
| Equity Options | ₹75 per lot | ₹35 to ₹95 per lot |
| Currency Futures | 0.05% | 0.03% to 0.05% |
| Currency Options | ₹75 per lot | ₹10 to ₹25 per lot |
| Commodity | NA | NA |
| Calculate Brokerage | Yes Securities Brokerage Calculator | ICICI Direct Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 5 times | Intraday upto 25 times & Delivery upto 5 times |
| Equity Futures | Upto 3 times for intraday | Upto 4 times for intraday |
| Equity Options | Buying No Leverage, Shorting upto 3 times for Intraday | NA |
| Currency Futures | Upto 2 times for intraday | NA |
| Currency Options | Buying No Leverage, Shorting upto 3 times for Intraday | NA |
| Commodities | NA | NA |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| Research | ICICI Direct Research | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity |  | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| Customer Care | ICICI Direct Customer Care | |
| 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) | Yes Web, Mobile App | ICICI Direct TraderRacer, ICICI Direct Trader Racer Web, ICICI Direct Mobile App |
| NSE Complaints %age* | 0.09% | 0.01% |
| Complaints | ICICI Direct Complaints | |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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 Yes Securities Vs ICICI Direct for the benefits of other readers? Please feel free to share in the comments below.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Yes Securities Vs ICICI Direct
Overall Rating
