The retail equity business primarily consists of services like equities trading,
equity derivatives, commodity derivatives, currency derivatives, ETFs and overseas securities.
The Company's business is anchored by its retail investors, to whom it offers products
and services through the ICICIdirect platform and various distribution channels.
ICICIdirect.com is an integrated and secured platform allowing retail investors to
invest seamlessly and is one of the largest online investments' platforms in the country.
The Company offers all investment and trading solutions across asset classes through
ICICIdirect website and mobile application. Along with its '3-in-1 account' where
the trading and demat accounts are linked with the ICICI Bank savings account, the Company
has also introduced an open architecture system that allows its customers to link
any bank account to their trading and demat account. This seamless and interoperable
feature of its electronic brokerage platform provides clients with greater flexibility
in the use of their money.
ICICIdirect uses a plug-and-play architecture that integrates the internal systems
and the systems of third parties whose products it distributes. The underlying IT
infrastructure is robust and scalable, designed with redundancy in mind and with a three-tier
disaster recovery process.
The Company's 42 people strong retail research team covers 307 companies across
various sectors. A strong mutual fund, technical and derivatives desk delivers quality
research to ICICIdirect.com customers. In addition to the quarterly earnings reports
and regular event updates, the team publishes various sector reports, thematic reports,
model portfolios, IPO recommendations, mutual fund advice and technical and derivative
ICICI Securities has been at the forefront of innovation and has been the first
to introduce many products and services. Some amongst them are:
- Systematic Equity Plan
Customers can start an SIP in stocks with Systematic Equity Plan using their ICICIdirect
account. With SEP, customers can invest in equity for a specified amount or quantity
at regular intervals. It is a timely and hassle-free investment option which helps
in building a portfolio gradually.
- Bullet Brokerage Plan
This is an innovative brokerage plan for intraday trades which are squared off within
5 minutes in our leveraged products like Margin Plus, Option Plus and Future Plus
Stop Loss products, wherein there is no brokerage charged on trades squared within
With the I-Gain brokerage plan, pay brokerage only if you make a profit when customer
trades Bank Nifty and Nifty under Future Plus Stop Loss product which are our leveraged
products in derivatives and 'Pay only when you profit'.
- Lifetime Prepaid Brokerage Plan
Under this lifetime brokerage plan with validity of 15 years, you pay an upfront
brokerage to avail lower brokerage rates for all your investments and trades.
- Valid Till Cancel Order
With Valid Till Cancel (VTC), one can place orders in Equity which remain valid for 45
days instead of only 1 day. With VTC you eliminate the need to log in and place
a fresh order with your desired price for the same stock daily.
- Price Improvement Order
With the Price Improvement Order, one can buy or sell with an auto trailing order to
get better prices in a trending market. It allows you to place and order with an
auto-trailing Stop-Loss facility. Hence, the stop loss price for your order would
automatically improve in your favour with the change in market price. This feature
is available in Equity as well as Derivatives orders.
- Multi Price Order
With Multi Price Orders, one can place an order with two prices instead of just 1.
One can place an order with a desired price of execution and at a second-best desired
price at the same time. This results in higher chances of order execution at your
desired price than a normal order, with no manual tracking involved!
- Cloud Order
A good market opportunity can be missed in the matter of a few seconds. With Cloud
Orders one can place an order in a second by pre-saving the orders and placing them.
It can be easily saved in cloud even after market hours and move from stock selection
to order placement in seconds! This feature is available in Equity as well as the
In order to provide immediate liquidity for customers, ICICI Securities allows clients
to receive up to Rs 50,000 per day within 30 minutes of their trade. It is applicable
on almost 600 stocks on the BSE and comes at no additional cost.
It's a slab-based subscription-based offering instant pay-out of funds, reduced brokerage
rates, and exclusive research. At the end of FY2020, the Company had more than 3.1
lakh customers who opted for ICICIdirect Prime.