icici direct active trader

[rajibsarma]

Hi Sanjib,

The ICICI ATS is an offline account.
You need to call a person designated by ICICI to buy/sell stocks.

The minimum investment you need to make is 1.5 lakh.
A/C opening charge is Rs 975/-
Annual maintenance charges also apply from the next year.

The transaction charges are:
Intraday: 0.03%
Delivery: 0.30%
These transaction charges change based on the volume. If the volume is less, the charge increases.

ICICI will be sending daily / weekly calls via mobile / email.
Based on that, you may buy / sell.
Also, you can take your own decision.
ICICI does not take any guarantee for the calls.

As far as I'm concerned, sometimes I follow their calls. But mostly I make my own decision.
Till now, I'm getting around 15% return on yearly basis.

Hope the information helps.

You can also look for other brokerage houses such as Sharekhan.

Cheers
- Rajib

 

[rajankrgupta]

I'm using ATS since Feb 2010.
ATS is an offline account. Online execution is not allowed.
You need to call the designated person to execute.
Brokerage is less.

Hi Rajiv,
I am also planning to open the ATS account with ICICI direct. Can you please let me know your experiance with ICICI direct ATS account? The person i am contacting in HYD kukatpally office is telling me he will give me an average return of 15K every month for 1.5 Lakhs investment from my side.

 

[rajankrgupta]

Hi Rajiv,
I am also planning to open the ATS account with ICICI direct. Can you please let me know your experiance with ICICI direct ATS account? The person i am contacting in HYD kukatpally office is telling me he will give me an average return of 15K every month for 1.5 Lakhs investment from my side.