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Trading Bells Vs ICICI Direct
| | Broker Comparison, Trading | No Comments
Trading Bells 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:
Trading Bells Vs ICICI Direct Comparison
Here is a point by point comparison of Trading Bells Vs ICICI Direct.
Trading Bells is a Discount stockbroker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016. 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 Trading Bells 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, 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 Trading Bells 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
Trading Bells Vs ICICI Direct Details
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.
 |  | |
| Trading Bells Review | ICICI Direct Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2014 | 2000 |
| Number of branches across India | 1 | 154 |
| Exchanges | NSE, BSE, MCX, MCX – SX and NCDEX | 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 | ₹0 | ₹0 |
| Transaction Charges | Trading Bells Transaction Charges | ICICI Direct Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹0 | 0.55% |
| Intraday Delivery | 0.01% or ₹20 per executed order whichever is lower | 0.275% |
| Equity Futures | 0.01% or ₹20 per executed order whichever is lower | 0.03% to 0.05% |
| Equity Options | Flat ₹20 per executed order | ₹35 to ₹95 per lot |
| Currency Futures | 0.01% or ₹20 per executed order whichever is lower | 0.03% to 0.05% |
| Currency Options | Flat ₹20 per executed order | ₹10 to ₹25 per lot |
| Commodity | 0.01% or ₹20 per executed order whichever is lower | NA |
| Calculate Brokerage | Trading Bells Brokerage Calculator | ICICI Direct Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times Intraday | 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 | NA |
| Currency Futures | Upto 2 times for Intraday | NA |
| Currency Options | Upto 3 times for Intraday | NA |
| Commodities | Upto 3 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) | ODIN, NETNET Lite, NSE Now, Mobile Trade | TraderRacer |
| Total BSE+NSE Complaints | 9 | 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 Trading Bells Vs ICICI Direct for the benefits of other readers? Please feel free to share in the comments below.
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Date
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Trading Bells Vs ICICI Direct
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