Account Opening Fees
ICICI offers competitive rates for account opening, ensuring a smooth and cost-effective start to your trading journey. Typically, the account opening fee is a one-time charge.
Trading Fees
Trading fees at ICICI are structured based on the type of security and the volume traded. These include brokerage fees, transaction charges, and securities transaction tax (STT).
Annual Maintenance Charges (AMC)
ICICI imposes an annual maintenance charge for holding an account, which covers the cost of maintaining your account and providing continuous services throughout the year.
Additional Charges
Other potential fees include call and trade charges, e-stamping fees, and GST, which are applicable based on specific services utilized during trading activities.
Discount Brokerage Options
For frequent traders, ICICI offers discounted brokerage plans that reduce the cost per trade, making high-volume trading more economical.
Comparison with Industry Standards
ICICI's brokerage charges are competitive when compared to industry standards, offering value through a combination of reasonable fees and comprehensive service offerings.
Understanding Your Billing Statement
ICICI provides detailed billing statements that break down all charges, enabling investors to track their trading expenses accurately and manage their investments effectively.