ICICIDirect Brokerage Charges and Calculator


 

  ICICI Direct Brokerage Calculator

ICICI Direct is a leading brokerage house of India and we have written a detailed review of the company and its brokerage charges. ICICIDirect does not provide the brokerage calculator on their website as the discount brokers do.

The following calculator designed by our team enables you to find out the fees and taxes before executing the trade itself. We have chosen ICICIDirect’s default brokerage for calculation but also given an option to use a custom number.

Using this calculator you can calculate the numbers automatically for various segments like Intraday, Delivery and Futures. It also gives out the net profit/loss figures.

We have also included the comparison with a popular discount broker Zerodha. If you are not aware who is a discount broker, we recommend you to visit this page.


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Please read the instructions on how to use this calculator at the end.

  How to use the Brokerage Charges Calculator?

  • First Select the fields in “Segment”, “Select State” and “Custom Brokerage?” drop down list
  • If “Custom Brokerage?” is selected “No” then default brokerage value is used for calculation
  • If “Custom Brokerage?” is selected “Yes” then value input in “Custom Brokerage %” will be used for calculation

Example; Usually the brokers have default brokerage percentages. (ICICIdirect has 0.55% as default brokerage charges for delivery segment). But if they offered you a different plan with rate say 0.3%, please select “Yes” in “Custom Brokerage” dropdown menu and input 0.3 in the “Custom Brokerage %” field.

Note : Default Brokerage is ignored if you select “Yes” in “Custom Brokerage?” menu

  • Some Broker charge minimum brokerage for small value transactions.
  • Default Minimum brokerage amount is displayed in “Minimum Brokerage(Rs)” field.
  • If you Broker charges different Minimum Brokerage charge, please input the the figure in “Minimum Brokerage(Rs)” field

Example : ICICI Direct charges minimum Rs 35 as brokerage charges. Assume you did buy and sell transactions of XYZ company’s shares and the total turnover is just Rs1,000. At default brokerage of 0.55%, the total brokerage was supposed to be Rs5.5. But ICICIdirect will charge Rs 70 (Rs35 for buy and Rs35 for Sell).

  ICICIDirect Brokerage Charges:

We are adding the tables having the information about the brokerage charges of ICICI Direct again for your quick reference and to use it in case you want to use it for custom Brokerage calculation

ICICI Direct offers 2 types of brokerage plans :

  1. I-Secure Plan (Fixed brokerage Plan)  :   I Secure plan offers Flat % Brokerage irrespective of turnover. This plan is suitable for traders looking for fixed brokerage.
  2. I-Saver Plan (Variable brokerage plan) :  This plan offers brokerage based on the trading volume i.e. high brokerage for low volume and low brokerage for high volume trades. This plan suitable for traders who trade in high volumes and hence avail the brokerage at reduced slabs.

I – Secure Plan:

Total Eligible Turnover
(Per calendar Quarter)
Brokerage
(Equity Delivery %)
Effective Brokerage on Intraday Squareoff
Irrespective of turnover0.55%0.275%

I – Saver Plan:

Total Eligible Turnover
(Per calendar Quarter)
Brokerage (%)Effective Brokerage on Intraday Squareoff
Above Rs 5 Crores0.250.125%
Rs 2 Crores to 5 Crores0.300.150%
Rs 1 Crores to 2 Crores0.350.175%
Rs 50 Lakhs to 1 Crores0.450.225%
Rs 25 Lakhs to 50 Lakhs0.550.275%
Rs 10 Lakhs to 25 Lakhs0.700.350%
Less than Rs 10 Lakhs0.750.375%

Future and Future Plus Brokerage

I - Saver Plan / I - Secure Plan
For Equity/Currency FuturesEquity Future and Future PlusCurrency Futures
Total Eligible Turnover per monthBrokerage (%)Brokerage on Second leg of Intraday square off (per lot)Brokerage on Second leg of Intraday square off (per lot)
Above Rs 20 Crores0.030Rs 15Rs 10
Rs 10 Crores to 20 Crores0.035Rs 15Rs 10
Rs 5 Crores to 10 Crores0.040Rs 15Rs 10
Less than Rs 5 Crores0.050Rs 15Rs 10

  Sharing is definitely Caring

Hope the above calculator helped you in understanding the ICICIDirect brokerage charge structure including SEBI Charges, Securities Transaction Charges, Exchange Transaction Charges, Service Tax etc.

Consider sharing this calculator with your family and friends through the social sharing buttons on your left/below.



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