ICICIDirect Vs SMC Global - Broker Comparison

Account Opening & AMC Charges

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Trading Account Opening Fee ₹975 ₹975 ₹1000
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹600 ₹600 ₹300

Brokerage Charges

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Monthly Fee NA NA NA
Equity Delivery 0.55% 0.75% to 0.25% 0.30%
Equity Intraday 0.28% 0.75% to 0.25% 0.03%
Equity Future 0.05% to 0.03% 0.05% to 0.03% 0.03%
Equity Options ₹95 to ₹35 per lot ₹95 to ₹65 per lot ₹70 per lot
Currency Futures 0.050% to 0.030% 0.05% to 0.03% 0.03%
Currency Options ₹25 to ₹10 per lot ₹95 to ₹65 per lot ₹20 per lot
Commodity NA NA 0.03%

Transaction Charges (Per Crore)

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Equity Delivery ₹310 ₹310 ₹350
Equity Intraday ₹310 ₹310 ₹350
Equity Future * ₹200 ₹200 ₹290
Equity Options * ₹5000 ₹5000 ₹6500
Currency Futures * ₹120 ₹120 ₹290
Currency Options ₹4000 ₹4000 ₹6500

Other Charges

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Minimum Brokerage ₹35 per trade ₹35 per trade ₹25 per trade or 2.5% of the trade value whichever is lower
Call & Trade Rs 25 per call (20 calls free in a month) Rs 25 per call (20 calls free in a month) -
DP Charges (on sell side) 0.04% (Min ₹25 and Max ₹25,000) 0.04% (Min ₹25 and Max ₹25,000) ₹15 per scrip
Other Miscellaneous Charges - - -

Demat Account Charges

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee

Stamp Duty at actuals

Stamp Duty at actuals

Nil.

Advance Deposite

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

-
AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

₹5 Per Certificate (₹30 for 1st Certificate) Courier Charges

Individual Client

General AMC Scheme: ₹300 P.A. (POA Clients), ₹350 P.A. (Non POA Clients)

Onetime Yearly AMC Scheme: ₹1000 P.A.(POA Clients), ₹1300 P.A. (Non POA Clients)

No AMC Scheme: ₹3000 Refundable Deposit

Corporate Clients: ₹1000 P.A.

Dematerialisation Charges

₹50 Per Demat Request Form and ₹10 For Each Certificates

₹50 Per Demat Request Form and ₹10 For Each Certificates

Extra (₹25 for Local & ₹40 for outstation courier)

Rematerialisation Charges

₹30 + CDSL charges at actual

₹30 + CDSL charges at actual

₹25 (For one certificate/100 shares) Courier Charges Extra(₹25 for Local & ₹40 for outstation courier)

Transaction Charges (Credit) - - -
Transaction Charges (debit)

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

On Maket Transaction: ₹15 (POA Clients), ₹20 (Non POA clients)

Off Market Instruction: 0.03% (subject to Min. ₹20 & Max. ₹50 Charges Per instruction)

Pledge Creation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

₹60

Pledge Creation Confirmation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

₹60

Pledge Invocation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

₹30

Failed Instruction Charges

₹30

₹30

₹20 per instruction

Other Charges

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

AMC charged yearly in advance.

DIS Book Charges: ₹30 (20 leafs)

Client Modification Charges: ₹25

Security deposit for CDSL 'easiest' facility (optional) is ₹2,500

Features

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ICICI Securities Pvt Ltd. SMC Global Limited
I-Secure Plan I-Saver Plan SMC Global Limited
Trading Platform Trade Racer Trade Racer ODIN

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