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This scheme is available to only Resident Indian (RI) customers. |
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This scheme is valid for both Intraday as well as Carry forward trades in Option segment (ie: both Options & Option Plus products). |
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Brokerage will be levied based on Option Premium, no. of lots placed in each order and time within which the positions are closed & Trades should be placed through Online platform only. |
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ICICI Securities Ltd (I-Sec) shall charge only fixed brokerage of 20 per order and variable brokerage of 5 per lot will be charged to you in Options & Option Plus. |
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Schemes |
Option brokerage pricing |
Fixed brokerage per Order
( in ) |
Variable brokerage per lot
( in ) |
Brokerage charges |
20 |
5 |
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Along with this pricing : |
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Flat brokerage only 20/- per order will be charged for your trades with below conditions :- |
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a. |
Trades done with options premium of 5 or less in Option Plus. |
b. |
Trades in option plus which are closed within 5 mins. |
c. |
Calculation of time of holding your open positions will be done at order level based on difference between your trade time of fresh position (at the time of creation of Open position) and the trade time of its respective cover order. |
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Schemes with condition mentioned in above #6 |
Option brokerage pricing |
Fixed brokerage per Order
( in ) |
Variable brokerage per lot
( in ) |
Brokerage charges |
20 |
0 |
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Illustrations : |
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a. |
If you place a single order for buying 10 lots where the Option premium is of 10 , then you will be charged fixed brokerage of 20 per order+ variable brokerage of 50 (10 lots * 5 per lot) = 70 as a total brokerage. Similar, brokerage will be charged to you while you sell your position in single order of 10 lots. |
b. |
If you place a single order for buying 10 lots in Option Plus where the Option premium is of 4 & squared off within 5 mins at 5, then you will be charged only fixed brokerage of 20 per order each on Buy side & sell side respectively. |
c. |
If you place a single order for buying 10 lots in Option Plus where the Option premium is of 4 & squared off within 5 mins at 6, then you will be charged only fixed brokerage of 20 per order on Buy side. On sell side, 20 and additional 5 per lot (ie 5 * 10 lots = 50) will be charged. Hence total 70 will be charged on sell side. |
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GST & Other charges will be levied on all trades. You can also view these charges on our website www.icicidirect.com under Home>Pricing Section. |
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This scheme will only be available for all trades which are placed by customer himself using our trading platforms. Trades executed through Call N Trade or through your RM / Advisors will not be considered under this scheme. |