ICICI Direct vs NJ Wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of ICICI Direct vs NJ Wealth here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of ICICI Direct and NJ Wealth.

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ICICI Direct vs NJ Wealth – Company Overview

Company Overview ICICI Direct NJ Wealth
Company Type Public Private
Headquarters Mumbai Surat
Founder Vjay Chandok Neeraj Choksi
Establishment Year 1994 1994

Compare the Brokerage of ICICI Direct and NJ Wealth

Brokerage ICICI Direct NJ Wealth
Brokerage Plan Neo Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.27% of Total Transaction 0.10 of Transaction Value
Equity Intraday Rs.20 per Trade 0.01 of Transaction Value
Equity Future Free 0.01 of Transaction Value
Equity Option Rs.20 per Trade Rs.10 per Lot
Commodity Future Rs.20 per Trade NA
Commodity Option Rs.20 per Trade NA
Currency Future Rs.20 per Trade NA
Currency Option Rs.20 per Trade NA

ICICI Direct vs NJ Wealth – Trading Platforms

Trading Platforms ICICI Direct NJ Wealth
Android App ICICI Direct Android App Link NJ Wealth Android App Link
iOS App ICICI Direct iOS App Link NJ Wealth iOS App Link
Web Trading Platform ICICI Direct Web Trading Link NJ Wealth Web Trading Link
Trading Terminal Available NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform Available NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform Available NA
Bonds Investment Platform Available NA

Comparison of ICICI Direct and NJ Wealth – Trading Features

Trading Features ICICI Direct NJ Wealth
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports Yes No
Global indices Yes No
Customised Recommendations Yes No
Stock tips Yes No
Interactive charts Yes No
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare ICICI Direct vs NJ Wealth Offers

Offers ICICI Direct NJ Wealth
Free Account Opening Yes Yes
Free AMC No Yes
Free Brokerage Yes No
Flat Brokerage Yes, Limited No
Flexible Brokerage Plans Yes No
Happy Trading Hours Yes No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading Yes No
Free Research Reports Yes Yes
Free Trading calls Yes Yes
Referral Offers Rs.500 per Client Rs.250 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback Yes No
Zero Brokerage for Loss Making Trades No No

ICICI Direct vs NJ Wealth – Products Provided

Products Provided ICICI Direct NJ Wealth
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes No
Commodity Future Yes No
Currency Option Yes No
Currency Future Yes No
Foreign Stocks No No
Mutual Funds Yes Yes
Banking Yes No
Insurance Yes No
Corporate Bonds Yes No
Govt. Bonds Yes No
Digital Gold No No

ICICI Direct vs NJ Wealth – Services Provided

Services Provided ICICI Direct NJ Wealth
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account Yes No
Stock Research Yes No
Stock Recommendations Yes No
Trading Institution Yes, iLearn Yes, NJ Flap
Share Pledging Yes Yes
PMS or PCG Yes No
NRI Services Yes No

Compare ICICI Direct and NJ Wealth Advisory

Advisory ICICI Direct NJ Wealth
Fundamental Reports Yes No
Research Reports Yes No
Company Reports Yes No
Annual Reports Yes No
IPO Reports Yes No
Technical Reports Yes No
Stock Tips Yes No
Daily Top Stock Picks Yes No
Daily Market Review Yes No
Monthly Review Yes No
Weekly Review Yes No
Relationship Manager Yes No
Robo Advisory No Yes

Comparison of ICICI Direct and NJ Wealth Exposure

Exposure ICICI Direct NJ Wealth
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of ICICI Direct & NJ Wealth

Programs ICICI Direct NJ Wealth
Sub Broker Program Yes Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

ICICI Direct vs NJ Wealth – Ratings by Finec

Ratings ICICI Direct NJ Wealth
Overall Rating 9.65 / 10 7.70 / 10
Customer Support 9.61 / 10 7.67 / 10
Technology 9.77 / 10 7.80 / 10
Charges 9.69 / 10 7.73 / 10
Products & Service 9.60 / 10 7.66 / 10
Experience 9.58 / 10 7.64 / 10

Compare Customer Support of ICICI Direct and NJ Wealth

Customer Support ICICI Direct NJ Wealth
Trading Support Available, Free Available, Chargeable
Dedicated Dealer Available, Free Available, Chargeable
Call Support 1860-123-1122 0261-4025000
Email Support helpdesk@icicidirect.com dpservices@njgroup.in
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link NA
Branches / Offices Available Available

Comparison of ICICI Direct & NJ Wealth Complaints

Complaints ICICI Direct NJ Wealth
Total Complaints Lodged 402 10
Total Complaints Resolved 337 7
% of Resolved Complaints 83.83% 70.00%
Non Actionable Complaints 16 3
% of Non Actionable Complaints 3.98% 30.00%

Compare Demat Charges of ICICI Direct vs NJ Wealth

Demat Charges ICICI Direct NJ Wealth
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.300 per Year Free

ICICI Direct vs NJ Wealth – Compare STT & CTT

STT & CTT ICICI Direct NJ Wealth
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) NA
Commodity Option 0.05% on sell NA
Currency Future Nil NA
Currency Option Nil NA

Compare Stamp Duty of ICICI Direct and NJ Wealth

Stamp Duty ICICI Direct NJ Wealth
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy NA
Commodity Option 0.003% on buy NA
Currency Future 0.0001% on buy NA
Currency Option 0.0001% on buy NA

ICICI Direct vs NJ Wealth – Transaction Charges

Transaction Charges ICICI Direct NJ Wealth
Equity Delivery 0.00325% (NSE) & As per Stock (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Intraday 0.00325% (NSE) & As per Stock (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Future 0.0019% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.053% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) NA
Commodity Option 0.05% (Non Agri) NA
Currency Future 0.0009% (NSE) & 0.00022% (BSE) NA
Currency Option 0.035% (NSE) & 0.001% (BSE) NA

Compare Pledge Charges of ICICI Direct & NJ Wealth

Pledge Charges ICICI Direct NJ Wealth
Pledge Creation Charges 0.02% of Value Rs.15 per Request
Pledge Invocation Charges 0.02% of Value Rs.15 per Request
Interest on Margin Trading 0.07% per day NA

Comparison of ICICI Direct and NJ Wealth – Hidden Charge

Hidden Charge ICICI Direct NJ Wealth
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip only on Sell Rs.20 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Free Nil
Reactivation Charges Free Nil
Dematerialisation Charges Rs.50 per Certificate NA
Call & Trade Charges Free – 1st 20 Calls per Month Rs.30 per Trade

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