How ICICI Direct is better than Zerodha?
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How ICICI Direct is better than Zerodha?
ICICI Direct is better than Zerodha in the following ways: ICICI Direct offers free stock tips, research and advisory services. Zerodha doesn’t provide advisory. ICICI Direct Neo plan offers brokerage-free equity futures trading. ICICI Direct offers free account opening while Zerodha charges Rs 200.
yes you can transfer shares from ICICI demat to the new Zerodha demat. You will get a DP ID when you open a Zerodha demat account. You have to mention this in the ICICI delivery instruction booklet, and submit it back to them. Once they receive, they will transfer it to your new Zerodha demat.
Is ICICI Direct safe for trading?
ICICIdirect is a safe and reliable stock broker. A strong parent company like ICICI Bank provides it with the brand value to earn trust of its customers. The company has been registering good profits and has a customer base of over a million customers.
Is ICICI Direct good for long term investment?
Based on its research ICICI Direct has placed a ‘buy’ call on the stock with a price target of 500, which is a good 20\% over the current market price of Rs 411. ‘Cochin Shipyard continues to be one of the top-tier shipyards in the country with ample capacity, capability and the orderbook to support it.
How can I get refund from ICICI Direct?
Yes. You can withdraw your unutilized funds at any time by placing an online request.
What is the difference between ICICI Direct and Zerodha?
From a usability standpoint, ICICI Direct reporting is well integrated with the trading platform, whereas in Zerodha it’s a different application, though it uses the same login credentials as the trading platform Kite. 7. Fund Transfers
Why is the ICICI Direct Brokerage charges so high?
ICICI Direct brokerage charges is very high, beacuse it is a tradition broker . Traditional brokers are full service brokers offering trading (stocks, commodities and currency), research and advisory, investment banking, sales and asset management under one umbrella.
Does Zerodha charge a margin fee?
Zerodha doesn’t charge any margin providing fee. Let’s side by side compare the margin provided by both Zerodha and ICICI Direct. Winner – Zerodha is the winner for me, as you need to pay a margin fee to ICICI Direct.
Is ICICI Direct free for mutual funds?
For Mutual Funds it’s free again, no commissions & DP charges either. ICICI Direct – ICICI Direct started as a full service broker and for a very long time held the position as the top broker in terms of active clients, till 2019 when Zerodha toppled it to occupy the top spot.