ICICI Securities: ICICI Securities Zero Brokerage Plan For Customers; Important Things You Need To Know | ICICI Securities will now facilitate unlimited trading with zero brokerage

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  • ICICI Securities:ICICI Securities Zero Brokerage Plan For Customers; Important Things You Need To Know

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Mumbai16 hours ago

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Currently, a lot of new brokerage houses are offering zero brokerage facilities. In such a situation, it is proving to be a challenge for large brokerage houses to retain customers and bring in new customers.

  • Investors will not have to pay brokerage on all futures trades in this zero brokerage plan
  • Instant liquidity will be provided to customers in ICICI direct Neo

The country’s leading brokerage house ICICI Securities has launched a new plan for investors. In this, investors will get unlimited trading facility with zero brokerage. It has been launched under the name of ICICI Securities Neo. Investors will not have to pay brokerage on all futures trades in this zero brokerage plan.

Charge of Rs 20 on margin, option trade

According to the information, customers will have to pay a flat Rs 20 brokerage on margin and option trade. It has about 5 million customers. ICICI Securities is counted in large brokerage houses in India. Liquidity will be provided immediately to customers in ICICI direct Neo. Where customers will get the money within 30 minutes of selling the stock according to their chosen plan.

One can find information on one click

Through this new facility you get techno funda analysis of all important stocks and mutual funds at one click. Proprietary and third party trading tools are available to find the best opportunities. You can also avail the facility of research report and margin trading funding of a brokerage firm. For this, they will have to pay 8.9% interest annually. This interest will be charged on an annual basis.

Decision on customer feedback

The company’s MD Vijay Chandok said that we have launched this scheme based on the feedback received from the trading customers. There will be no charge on futures trade in this plan. Brokerage will have to be given flat 20 rupees on margin and option trade. It has been launched keeping in mind customers who want to make more profit from deals.

Started business in 1995

The company started its business in May 1995. Explain that at this time a lot of new brokerage houses are offering zero brokerage facilities. In such a situation, it is proving to be a challenge for large brokerage houses to retain customers and bring in new customers. In such a situation, big brokerage houses are also starting this kind of facility. This facility of ICICI has forced other brokerage houses to offer similar facilities. In the coming days, many more brokerage houses may launch such a facility.

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