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About Angel One

Trusted by over 2 Cr+ clients, Angel One, established on 8 August 1996, is one of India’s leading retail full-service broking houses. They offer various innovative services, including online trading and investing, advisory, margin trading facility, algorithmic trading, smart orders, etc. 

With over 30 years of еxpеriеncе, the entity has over 1 crore registered users and app downloads. As a rеgistеrеd mеmbеr of SEBI, BSE, NSE, MCX, and NCDEX, Angеl Onе adhеrеs to rеgulatory standards. And has over 4,000 employees, 11,000+ authorised persons, over 1.2 million retail clients, 11,000 trading terminals, and 110 branches. 

Their Super App is a powerhouse of cutting-edge tools such as basket orders, GTT orders, SmartAPI, advanced charts, and others that will help you navigate capital markets like a pro. Additionally, it is rеgistеrеd with CDSL to providе dеpository sеrvicеs and offеrs a widе rangе of financial products, including еquity, F&O (Futurеs and Options), currеncy, and commoditiеs. >> More

ICICI Direct

About ICICI Direct

ICICIdirect, a prominent retail stock broker in India and a part of the ICICI Group provides online trading and investment services to over 50 lakh customers. ICICI Direct offers a userfriendly platform for investment in Mutual Funds & IPOs, Fixed deposits, bonds, NCD, wealth products, Home Loans, Loans against Securities, etc.

Additionally, the range of services includes equity, commodity, and currency trading on BSE, NSE, and MCX. ICICIdirect’s most popular service is its 3-in-1 account that offers a seamless trading experience, which includes ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account. The company offers multiple brokerage plans i.e. I-Secure Plan, ICICI Direct Prime Plan, Lifetime Prepaid Brokerage Plan, and Neo Plan. 

ICICI Neo Plan is a flat-rate brokerage plan that offers brokerage-free equity futures trading. It charges flat Rs 20 per executed order brokerage for Equity Intra-day and Options trading and 0.55% brokerage for equity delivery. This plan offers access to trading tips and research, a 5-minute payout when selling shares, and margin funding at a low-interest rate. 

ICICI Direct offers a unique and wide range of Products and features like One Click Equity, Margin Trading Funding (MTF), Smart Trading features ease of investing in equity with Systematic Equity Plan and much more.

ICICI Direct Vs Angel One – Basic Details

Started in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE and NSE. It has 154 branches across India.

Established in 1987, Angel One is a Discount Broker. It offers trading at BSE, NSE, MCX, and NCDEX. It has 900 branches across India.

 ICICI Direct Angel One
Year of Incorporation20001996
HeadquartersMumbai, Maharashtra, IndiaMumbai, Maharashtra, India
FounderVjay ChandokDinesh Agarwal
Number of Branches154900
Type of CompanyPublicPublic
BrokeragePrime Plan: ₹900/-₹20/ Order or 0.25%
Broker TypeFull-service BrokerDiscount Broker
Exchange MembershipBSE, NSEBSE, NSE, MCX, NCDEX

 

ICICIdirect Vs Angel One Broking Rates

ICICI Direct brokerage charges for equity is 0.55% and intraday is Rs 20 per order.

Angel One brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order.

Account TypeICICIdirect ICICI Neo PlanAngel One Angel iTrade PRIME
Commodity FuturesRs 20 per orderRs 20 per executed order
Commodity OptionsRs 20 per orderRs 20 per executed order
Currency FuturesRs 20 per orderRs 20 per executed order
Currency OptionsRs 20 per orderRs 20 per executed order
Equity IntradayRs 20 per orderRs 20 per executed order
Equity FuturesRs 0 (Free)Rs 20 per executed order
Equity Delivery0.0055Rs 0 (Free)
Equity OptionsRs 20 per orderRs 20 per executed order
Fixed ChargesNA

 

Angel One vs ICICI Direct Brokerage Plan 2

 Angel OneICICIdirect
Account TypeAngel iTrade PRIMEI-Secure Plan
Currency FuturesRs 20 per executed orderRs 20 per order
Currency OptionsRs 20 per executed orderRs 20 per order
Commodity FuturesRs 20 per executed orderRs 20 per order
Commodity OptionsRs 20 per executed orderRs 20 per order
Equity IntradayRs 20 per executed order0.00275
Equity FuturesRs 20 per executed order0.0005
Equity DeliveryRs 0 (Free)0.0055
Equity OptionsRs 20 per executed orderRs 95 per lot
Fixed ChargesNA

 

ICICIdirect Vs Angel One Transaction Charges

ICICIdirect transaction charges for options are NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

Angel One exchange transaction charges for options are NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

 ICICIdirectAngel One
Equity OptionsNSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium)
Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (sell side)
CommodityGroup A – Rs 260 per Cr (0.0026%)MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%)
Currency FuturesNSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency OptionsNSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

 

ICICIdirect Charges Vs Angel One

 ICICI DirectAngel One
Minimum BrokerageRs 35 per trade (I-Secure Plan)Equity Rs 20 | F&O Rs 30
Call & Trade ChargesRs 50 per tradeAdditional Rs 20 per executed order
Other ChargesMargin Trading Interest: 0.025% Per day

 

Angel One vs ICICIdirect Charges & AMC

ICICIdirect trading account opening charges are Rs 0 (Free) and ICICI Direct Demat Account AMC Charges are Rs 300 (from 2nd year).

Angel One account opening changes is Rs 0 (Free) and Angel One Demat Account AMC Charges is Rs 240.

 Angel OneICICIdirect
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 240Rs 300 (from 2nd year)
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free)

 

ICICIdirect Vs Angel One Leverage (Margin)

Direct margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock.

Angel One margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 ICICI DirectAngel One
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
 Open ICICIdirect AccountOpen Angel One Account

 

ICICIdirect Vs Angel One Demat Account Comparison

 Angel OneICICIdirect
Demat Account AMCRs 240 per year (Rs 20 per month)

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

Demat Account Opening FeeNilStamp Duty at actuals
Advance DepositNA

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

 

Angel One vs ICICIdirect Demat Charges

 Angel OneICICIdirect
Rematerialisation ChargesRs 50 + Actual CDSL charges₹25 + CDSL charges at the actual
Dematerialisation ChargesRs 50 per certificate₹50 Per Demat Request Form and ₹10 For Each Certificate
Pledge Creation ChargesRs 20 per ISIN (Rs 50 per ISIN for BSDA Client)0.02% or a minimum of ₹35
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)

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 ₹25,000 )

Pledge Creation Confirmation ChargesNil0.02% or a minimum of ₹35
Pledge Invocation ChargesNil0.02% or a minimum of ₹35
Failed Instruction ChargesNil 
Other ChargesRs 25 per request for additional DIS₹200 for restoring services if the account is suspended for non-payment of charges.

 

Compare Angel Broking Vs ICICIdirect Offers

 Angel BrokingICICIdirect
Free Trading AccountYesNo
Free Demat AccountYesYes
Holiday OffersYesNo
Referral OffersYesYes
Discount on BrokerageYesNo
1 Month Brokerage FreeNoNo
Zero Brokerage for Loss-Making TradesNoYes
Trading Happy HoursNoYes
Flexible Brokerage PlansYesYes

 

Angel One vs ICICI Direct Customer Support

Customer SupportAngel OneICICIdirect
Email SupportYesYes
Chat SupportNoNo
Dedicated DealerYesYes
Offline TradingNoNo
Online TradingYesYes
24*7 SupportYesNo
Toll-Free NumberNoNo

 

Angel One vs ICICIdirect Investment Options

 Angel OneICICIdirect
IPOYesYes
Mutual FundsYesYes
Stock / EquityYesYes
Bond / NCDYesYes
CommodityYesYes
CurrencyYesYes
DebtYesYes
Other Investment OptionsEquity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

 

ICICIdirect Vs Angel One Order Type Offered

 ICICIdirectAngel One
Bracket OrderNoNo
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order(AMO)NoNo
Good Till Cancelled (GTC)YesNo

 

ICICIdirect Vs Angel One Research Report

 ICICIdirectAngel One
Daily Market ReportYesYes
Quarterly Result AnalysisYesYes
News AlertsYesYes
Free TipsYesYes

 

Angel One vs ICICIdirect Customer Services

Angel One and ICICI Direct both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Here is a comparative analysis given below in the table:

 Angel OneICICI Direct
Toll-Free NumberNo
Community ServiceYes
Relationship Manager
Email FacilityYes
Branch OfficesYes
24/7 SupportNo
Live Chat FacilityYes
Customer CareYes

 

Comparing ICICI Direct vs Angel One on Trading Platform

This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile apps to download and demo links for easy access.

Trading Platform CompareICICIdirectAngel One
Desktop Trading Platforms
Desktop Trading PlatformTrade RacerAngel One
Desktop DemoDesktop DemoDesktop Demo
Desktop Platform (Windows)YesYes
Desktop Platform (Mac)YesYes
Web Trading Platforms
Web Trading PlatformYesNo
Web Trading Detailhttps://www.icicidirect.comhttps://www.angelone.in/trade/
Web Trading DemoWeb Trading DemoWeb Trading Demo
Mobile Trading Platforms
Mobile SiteYesYes
Mobile TradingYesYes
Mobile Trading AppICICI direct MobileAngel One Mobile App
Mobile Trading App DemoICICI direct Mobile DemoAngel One Mobile App Demo
Android Trading Platforms
Android Mobile AppYesYes
Android App DownloadAndriod ICICI direct Mobile DownloadAndriod Angel One Mobile App Download
IOS Trading Platforms
iPhone Mobile App (IOS)YesYes
iOS App DownloadiOS ICICI direct Mobile DownloadiOS Angel One Mobile App Download
Android Tablet AppYesYes
iPad App (IOS)YesYes
Trading Software ChargesFreeFree

 

ICICI Direct vs. Angel Broking Customer Complaints

To keep a strict check and balance on fair-trade opportunities for every trader and investor, here is a total number of complaints lodged in BSE and NSE.

 ICICI DirectAngel Broking
BSE
BSE Complaints225128
BSE Resolved Complaints215128
Percentage of resolved BSE complaints95.56 %100.00 %

NSE

NSE Complaints196196
NSE Resolved Complaints182196
Percentage of resolved NSE complaints92.86 %100.00 %
BSE/NSE Complaint vs. Resolved Percentage94.21 %100.00 %

 

ICICIdirect and Angel One Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App.

Angel One offers Angel One App (Mobile), Angel Eye (Website), and Angel Speedpro (Trading Terminal) trading software.

 ICICIdirectAngel One
3 in 1 AccountYesNo
SMS AlertsNoYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
ChartingYesYes
Automated TradingNoYes
Online DemoYesYes
Online PortfolioYesYes
Trading In SME Shares Allowed?No
Trading PlatformICICIdirect.com (website), Trade Racer, ICICIDirect Mobile AppAngel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal)
Intraday Square-off Time0.64583333330.6354166667
Referral ProgramYes
Other FeaturesBullet Trading, Can trade in 32 exchanges through Saxo TraderDaily, weekly and monthly reports of Equity, F&O, Commodities and Currency

 

Angel One vs ICICIdirect Customer Ratings Comparison

Customer RatingsAngel OneICICIdirect
Products & Services8.6 / 108.4 / 10
Brokerage Charges & Fees8.8 / 108.5 / 10
Stock Research & Advisory9.5 / 107.9 / 10
Experience9.0 / 108.8 / 10
Trading Platforms8.5 / 108.6 / 10
Overall Ratings8.88 / 108.44 / 10
Total Client Reviews67294026

 

Angel One vs ICICIdirect Franchisee / Authorized Person related information

Here is detailed information for Franchisee / Authorized Person related information:

 Angel OneICICI Direct
Investment required for Franchisee / APRs.50,000
Availability for franchisee / APYes

 

ICICIdirect Vs Angel One – Pros and Cons

Choosing the right brokerage is crucial for your trading journey. Let’s explore the advantages and disadvantages of ICICIdirect and Angel One to help you differentiate between the two:

ICICI DirectAngel One

Pros Between Angel One Vs ICICI Direct

  • 3-in-1 account for easy stock market investment
  • Wide range of investment options in one portal
  • Low bandwidth website for slow internet connections
  • GTC (good till cancellation) and off-market hours order placement facilities
  • Equity delivery trades without brokerage fees.
  • Flat Rs 20 per trade for Intraday and F&O.
  • User-friendly online trading platforms.
  • Complimentary research reports and trading tips.
  • Margin trading and securities as collateral options.
  • No charges for NEFT/fund transfers (others charge ~Rs 10).
  • Rs 20 fee for intraday square-off and call & trade (others charge Rs 50).
  • Free advisory/tips for stocks and mutual funds.
  • Local sub-broker/RM services even with discount brokerage.
  • Option to call RM for issue resolution (other brokers often have busy lines).
Cons Between Angel One Vs ICICI Direct
  • ICICI Securities has high brokerage compared to other retail brokers.
  • Steep ‘minimum brokerage’ at Rs 35 per trade or 2.5% of trade value, whichever is lower.
  • Website performance issues during peak trading hours.
  • Trading Terminal (Trade Racer) costs Rs 75/month if monthly brokerage is less than Rs 750.
  • Mandatory Demat Account.
  • Additional Rs 50 per trade for Call & trade in Neo/Prime Plans.
  • Customers receive margin funding without notice, causing confusion and high-interest charges.
  • Angel Broking doesn’t support trading in SME shares.
  • Angel RM and the sales team engage in cross-selling other products and services.
  • GTC/GTT order facility is not available.
  • The brokerage does not provide a 3-in-1 account option.

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We’ll take a look at some of the best trading apps in India available today, comparing Angel One, Zerodha, Upstox, Alice Blue, SAMCO, and ICICI Direct.

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