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Astha Trade Vs ICICI Direct
| | Broker Comparison, Trading | No Comments
Astha Trade 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:
Astha Trade Vs ICICI Direct Comparison
Here is a point by point comparison of Astha Trade Vs ICICI Direct. Astha Trade is a discount stockbroker based out of Bhopal and has a presence in more than 100 locations across the country. Although it’s a full-service broker, its brokerage charges are reasonable and offer a wide range of trading platforms.
ICICI Direct is a retail trading flagship of ICICI Securities. With more than 35 lakh customers, ICICI Direct is one of the biggest retail stockbroker company in India.
Everything about discount brokers such as Astha Trade is internet-based, be it – customer service, trading, account opening etc. 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 Astha Trade 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
Astha Trade 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.
 |  | |
| Astha Trade Review | ICICI Direct Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2005 | 2000 |
| Number of branches across India | 100+ | 154 |
| Exchanges | BSE, NSE, MCX-SX and NCDEX | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹500 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹700 |
| Demat Account Opening Charges | ₹300 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
| Transaction Charges | Astha Trade Transaction Charges | ICICI Direct Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.1% | 0.55% |
| Intraday Delivery | 0.01% | 0.275% |
| Equity Futures | 0.01% | 0.03% to 0.05% |
| Equity Options | ₹10 per lot | ₹35 to ₹95 per lot |
| Currency Futures | 0.01% | 0.03% to 0.05% |
| Currency Options | ₹10 per lot | ₹10 to ₹25 per lot |
| Commodity | 0.01% | NA |
| Calculate Brokerage | Astha Trade Brokerage Calculator | ICICI Direct Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 40 times for Intraday, 4 times for Delivery | Intraday upto 25 times & Delivery upto 5 times |
| Equity Futures | 10 times for Intraday | Upto 4 times for intraday |
| Equity Options | 7 times for Intraday | Upto 4 times for intraday |
| Currency Futures | 3 times for Intraday | Upto 4 times for intraday |
| Currency Options | 2 times for Intraday | Upto 4 times for intraday |
| Commodities | Depending on the Commodity | 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) | ODIN Diet, iWin Mobile, FinTech Web, NSE Now, NSE Mobile, Bhav Terminal Software | ICICI Direct TraderRacer, ICICI Direct Trader Racer Web, ICICI Direct Mobile App |
| NSE Complaints Percentage* | 0.03% | 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.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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 Astha Trade Vs ICICI Direct for the benefits of other readers? Please feel free to share in the comments below.
Also, check out some of the other stockbroker comparisons you might be interested in.
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Astha Trade Vs ICICI Direct
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