FAQ for Free Trade Hour
  1. What is Free Trade Hour?

It is a new ZERO Brokerage offering for ICICIdirect customer for all Nifty and Bank Nifty Option trades placed between 2:30pm to 3:30pm on Expiry day.

  1. How to avail the offer?

Send SMS “Idirect Expiry to 5676766” or register on the link.

  1. Are there any charges for availing the offer?

No, it is absolutely free.

  1. Is this offer applicable to FUTURE trades?

No, Only Nifty and Bank Nifty Options Contract are eligible for this offer.

  1. Is Free Trade Hour only for Nifty & Bank nifty?

Yes, the Free Trade Hour offer is applicable only for trades on Nifty & Bank Nifty Current expiry option contracts.

  1. Are all options eligible under this offer?

No, Plan is applicable for the trades executed on Expiry Day between 2:30pm to 3:30pm on Nifty and Bank Nifty Index Options only. Only Current Expiry is eligible.

  1. Is registration compulsory for availing the offer?

Yes, Registration is compulsory to avail this offer.

  1. What is the minimum quantity for eligibility?

Minimum 5 lots to be traded in a single order.

  1. How does Zero Brokerage work?

Brokerage will be levied to you on the day of trade, however brokerage and its GST charged will be refunded to your account on the next working day. Applicable statutory and regulatory charges like STT, Transaction charges, SEBI Turnover tax, and Stamp duty will not be refunded.

  1. What is the validity of the offer?

Free Trade Hour offer is valid till 30th Dec 2021 on every Expiry day, so register now and avail the limited period offer

  1. Who is eligible for the Offer?

Once you register, irrespective of your brokerage plan, you will be eligible for Free Trade Hour offer.

  1. Will this offer be eligible for all expiries?

Expiries applicable will be the present day expiry and not the expiries of the future dates. For example; if today, 11th November 2021, Thursday is the expiry day then the Free Trade Hour is applicable only for Options expiring on 11th Nov, 2021.