ICICI Direct is a venture of ICICI bank offering exclusive investment services through ICICI Securities. The exclusive stockbroking firm offers technology-driven financial trading services to its trading members and investors. Traders can access numerous investment products and services at the website of ICICI Direct. These services include Online Equity Trading, Mutual Funds, Derivatives Trading, Fixed Deposit, NCD, wealth products, loans against securities, home loans and more.
One of the most exclusive aspects of trading with ICICIDirect is the 3 in one 1 account formation. It includes ICICI Trading Account, ICICI Bank account and ICICI Demat account. Users can create one account and avail the services for three. The platform is intuitive and facilitates ease of transaction in financial instruments and other stock market services. ICICI Direct was inaugurated in 2000 and presently it hosts financial investment and broking services including 4 million users across the country.
ICICI Direct has an annual charge of Rs 700 and Rs 500 for the maintenance of the trading account. The traders can also consider choosing the brokerage plans available at ICICI Direct. Some of the traders and investors are required to maintain a minimum balance of Rs 20,000 considering the Margin Money to facilitate ease of trading. ON the ICICI Direct website, traders are allowed to access the stocks on BSE and NSE platforms.