Zeroshulk Vs ICICI Direct
| |Zeroshulk 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:
Zeroshulk Vs ICICI Direct Comparison
Here is a point by point comparison of Zeroshulk Vs ICICI Direct.
Zeroshulk is a discount stockbroker in partnership with Vikson securities. Today Zeroshulk claims to have 9000+ customers who transact across equities, currencies and commodities. It is known for its flexible brokerage plans.
ICICI Direct is a retail trading flagship of ICICI Securities. With more than 35 lakh customers, ICICI Direct is the biggest retail full-service stockbroker company in India.
Discount brokers such as Zeroshulk offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as 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 Zeroshulk 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
Zeroshulk Vs ICICI Direct 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.
Zeroshulk Review | ICICI Direct Review | |
OVERVIEW | ||
Broker Type | Discount Stock Broker | Full Service Broker |
Incorporated In the Year | 2008 | 2000 |
Number of branches across India | 1 | 154 |
Exchanges | NSE, BSE, MCX, MCX SX | 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 | ₹300 (Free for 1st Year) | ₹0 |
Transaction Charges | Zeroshulk Transaction Charges | ICICI Direct Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per order or ₹999 per month for unlimited trades | 0.55% |
Intraday Delivery | ₹15 per order or ₹999 per month for unlimited trades | 0.275% |
Equity Futures | ₹15 per order or ₹999 per month for unlimited trades | 0.03% to 0.05% |
Equity Options | ₹15 per order or ₹999 per month for unlimited trades | ₹35 to ₹95 per lot |
Currency Futures | ₹15 per order or ₹999 per month for unlimited trades | 0.03% to 0.05% |
Currency Options | ₹15 per order or ₹999 per month for unlimited trades | ₹10 to ₹25 per lot |
Commodity | ₹15 per order or ₹999 per month for unlimited trades | NA |
Calculate Brokerage | Zeroshulk Brokerage Calculator | ICICI Direct Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times Intraday & 3 times for Delivery | Intraday upto 25 times & Delivery upto 5 times |
Equity Futures | Upto 4 times for Intraday | Upto 4 times for intraday |
Equity Options | Buying no leverage, Shorting upto 4 times | NA |
Currency Futures | Upto 4 times for Intraday | NA |
Currency Options | Upto 4 times for Intraday | NA |
Commodities | Upto 4 times for Intraday | 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) | Zeroshulk Web, Zeroshulk Trade and Zeroshulk Mobile | TraderRacer |
Total BSE+NSE Complaints | 21 | 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 Zeroshulk Vs ICICI Direct for the benefits of other readers? Please feel free to share in the comments below.
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