Here is a detailed comparison of ICICI Direct vs Karvy. ICICI Direct is one of the largest broking house with more than 3 million customer base while Karvy is one of the well known broker with massive experience & based out of hyderabad. This comparison is one of the best between two major brokers in the industry i.e ICICI Direct & Karvy.
In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:
- Overview
- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
Compare more Stock Brokers:
Compare Stock Brokers
This ICICI Direct & Karvy comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare Karvy & ICICI Direct :
Overview of ICICI Direct & Karvy |
||
Overview | ICICI Direct | Karvy |
Company Type | Public | Public |
Broker Type | Full Service Broker | Full Service Broker |
Headquarters | Mumbai, India | Hyderabad, India |
Founder | Vjay Chandok | C Parthasarathy |
Established Year | 1994 | 1983 |
ICICI Direct vs Karvy Customer Ratings Comparison |
||
Customer Ratings | ICICI Direct | Karvy |
Experience | 8.8 / 10 | 8.3 / 10 |
Products & Services | 8.4 / 10 | 8.2 / 10 |
Brokerage Charges & Fees | 8.5 / 10 | 8.1 / 10 |
Stock Research & Advisory | 7.9 / 10 | 8.5 / 10 |
Trading Platforms | 8.6 / 10 | 8.3 / 10 |
Overall Ratings | 8.44 / 10 | 8.28 / 10 |
Star Ratings | ★★★★☆ | ★★★★☆ |
Total Client Reviews | 4026 | 4117 |
ICICI Direct vs Karvy Demat Account Comparison |
||
Demat Services | ICICI Direct | Karvy |
Depository Source | NSDL & CDSL | CDSL |
Account Opening Charges | Zero | Free |
Demat AMC Charges | Rs 300 (from 2nd year) | Rs.500 per Annum |
Trading AMC Charges | Rs 0 (Free) | Free |
Margin Money | 75% Margin | 75% Margin |
Offline to Online | S | S |
Karvy vs ICICI Direct Brokerage Charges Comparison |
||
Brokerage Charge & Fees | ICICI Direct | Karvy |
Equity Delivery Trading | 0.55% | 0.1% – 0.3% |
Equity Intraday Trading | Rs 20 per order | 0.01% – 0.03% |
Commodity Options Trading | Rs 20 per order | 0.01% – 0.03% |
Equity Futures Trading | Rs 0 (Free) | 0.01% – 0.03% |
Equity Options Trading | Rs 20 per order | Rs.10 – Rs.30 per lot |
Currency Futures Trading | Rs 20 per order | 0.01% – 0.03% |
Currency Options Trading | Rs 20 per order | Rs.10 – Rs.30 per lot |
Minimum Brokerage | Rs.20 per Trade | Percentage of Transaction |
Demat AMC Charges | Rs.300 per Annum from 2nd year | Rs.500 per annum |
Trading AMC Charges | Zero | Free |
Margin Money | 75% Margin | 75% Margin |
Brokerage Calculator | ICICI Direct Brokerage Calculator | Karvy Brokerage Calculator |
Karvy & ICICI Direct Other Charges Comparison |
||
Other Charges | ICICI Direct | Karvy |
Transaction Charges | 0.00280% of Total Turnover | 0.00325% of Total Turnover |
STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) | 0.00005% (Rs. 5/Crore) |
Stamp Duty | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Compare Karvy & ICICI Direct Offers |
||
Offers | ICICI Direct | Karvy |
Free Demat Account | R | R |
Free Trading Account | S | S |
Discount on Brokerage | S | S |
Trading Happy Hours | R | S |
Flexible Brokerage Plans | R | R |
1 Month Brokerage Free | S | S |
Holiday Offers | S | S |
Referral Offers | R | S |
Zero Brokerage for Loss Making Trades | R | S |
Compare Services of ICICI Direct vs Karvy |
||
Services | ICICI Direct | Karvy |
Demat Services | R | R |
Trading Services | R | R |
3 in 1 Account | R | S |
Intraday Services | R | R |
IPO Services | R | R |
Stock Recommendations | R | R |
Robo Advisory | R | S |
PMS | R | R |
Trading Institution | R | S |
Trading Exposure | Upto 5x | Upto 5x |
Compare Karvy & ICICI Direct Research & Advisory |
||
Research & Advisory | ICICI Direct | Karvy |
Fundamental Reports | R | R |
Research Reports | R | R |
Company Reports | R | R |
Annual Reports | R | R |
Company Stock Review | R | R |
Free Stock Tips | S | S |
IPO Reports | R | R |
Top Picks | S | S |
Daily Market Review | R | S |
Monthly Reports | R | R |
Weekly Reports | R | R |
Offline Advisory | R | R |
Relationship Manager | R | R |
ICICI Direct vs Karvy Exposure/Leverage |
||
Exposure / Leverage | ICICI Direct | Karvy |
Equity Delivery | 1x | 1x |
Equity Intraday | Upto 5x | Upto 5x |
Equity Futures | 1x | 1x |
Equity Options | 1x | 1x |
Currency Futures | 1x | 1x |
Currency Options | 1x | 1x |
Commodities | 1x | 1x |
Margin Calculator | ICICI Direct Margin Calculator | Karvy Margin Calculator |
ICICI Direct vs Karvy Product Comparison |
||
Products | ICICI Direct | Karvy |
Equity Trading | R | R |
Commodity Trading | S | R |
Currency Trading | R | R |
Options | R | R |
Futures | R | R |
Mutual Funds | R | R |
Forex | R | S |
Banking | R | S |
SIP | R | R |
Insurance | R | S |
ICICI Direct vs Karvy Trading Platform Comparison |
||
Trading Platforms | ICICI Direct | Karvy |
Desktop Platform – Windows | R | R |
Desktop Platform – Mac | R | R |
Desktop Browser Platform | R | R |
Mobile Site Platform | R | R |
Android App Platform | R | R |
iOS App Platform | R | R |
Windows App Platform | S | S |
Other Mobile OS Platform | S | S |
Real time Updates | R | R |
Portfolio Details | R | R |
Online MF Buy | R | R |
News Flash | R | R |
Research Reports | R | R |
Easy Installation | R | R |
Global Indices | R | R |
Stock Tips | R | R |
Personalized Advisory | R | R |
Interactive Charts | R | R |
Live Markets | R | R |
SMS Alerts | R | R |
Email Alerts | R | R |
Multi Account Management | R | R |
ICICI Direct vs Karvy Customer Support |
||
Customer Support | ICICI Direct | Karvy |
Dedicated Dealer | R | R |
Offline Trading | S | R |
Online Trading | R | R |
24*7 Support | S | S |
Email Support | R | R |
Chat Support | S | S |
Toll Free Number | S | 1800 419 8283 |
Branches | 226 | 110 |
ICICI Direct vs Karvy Customer Complaints |
||
Complaints (Current Year) | ICICI Direct | Karvy |
Lodged in BSE | 225 | 210 |
Resolved in BSE | 215 | 185 |
Lodged in NSE | 196 | 165 |
Resolved in NSE | 182 | 143 |
Compare ICICI Direct with other Brokers & Karvy with other Brokers:
Open Demat Account with your Favorite Broker
Featured Topics: