ICICI Online Trading

ICICI Bank provides ICICI Online Trading through its dedicated portal called ICICIdirect.com, which allows you to undertake online trading from the comfort of your home or from anywhere else, as long as you have access to the Internet.

To avail yourself of the products and services on offer by ICICI Online Trading, you first need to open an online account at www.icicidirect.com. Once you have furnished the necessary information and have opened your account, you can enjoy the following benefits:

• Your ICICI direct account will integrate your bank account, Demat account, and investment account. Once you undertake a transaction online, the software will check your accounts for the requisite funds and submits your request online. Your bank and Demat accounts will be adjusted accordingly.
• You no longer have to fill up elaborate forms, write checks regularly, follow up with your broker, or stand in long queues.
• Your investments are undertaken at lightning-speed!
• Your transactions are protected online by appropriate technological security.

The website will provide you with abundant information and content on mutual funds, stocks, bonds, and other investments so that you can invest wisely.

Trading in Shares

If trading in shares is your main activity, you can undertake the following on ICICI Online Trading:

• Cash trading
• Margin Trading
• BTST (Buy today sell tomorrow)
• Margin Plus trading
• Spot trading
• CallNTrade©
• Trading on NSE/BSE
• Limit Order
• Market Trading

Trading in derivatives

At ICICI Online you can trade in derivatives in the form of Futures, Call Options, and Put Options.

Investing in Mutual Funds

Through ICICI Online Trading, you can invest in mutual funds (MFs) in a smooth, hassle-free manner. You can invest in Reliance MF, Prudential ICICI MF, Alliance MF, Franklin Templeton MF, HDFC MF, UTI MF, Kotak MF, Tata MF, Franklin Templeton MF, DSP Merrill Lynch MF, Birla Sun Life MF, and many more.

When you make an investment request, your account will be automatically be debited or credited depending on your unit holdings. At ICICI Online trading, you can also redeem your MFs, switch to different plans, invest in SIPs, and transfer in your MFs into electronic format.

Last Updated on 7^th July 2011