Options 195 plan is for active intra-day Options traders who trade actively & frequently and require pricing that would help to break-even early.
|Brokerage Under 195 Plan for Intra-day trades
||Effective Brokerages per lot in
||Brokerage applicable as per / I-Secure plan per Lot** in
** Under normal brokerage, brokerage on 2nd leg in case of Intra-day square off is 50
- For your Carry-forward trades, you will be charged upfront normal brokerage of 95 per lot on both buy and sell sides
- Option 195 Pricing Plan is not suitable if you trade in order sizes of 1 Lot or you are a positional trader
- 2-10 lots or above needs to be done in a single order to qualify for 195 brokerage scheme. If they are separate orders, then it will be levied as 195 for each order
- Both buy and sell leg will be charged as per 195 brokerage scheme
- Please read the " Terms & Conditions" before selecting the Options 195 Plan
- Please note that you will not be eligible for any slab based incentives for the whole month in which you are mapped and charged brokerage as per Option 195 Pricing Plan on any particular day of that month irrespective of transactions done under normal brokerage plan
How to subscribe for Option 195 Plan?
- Login to your ICICIdirect.com account
- Visit customer service page - My Account section - Choose Option Pricing Scheme
- Request for activation of this plan will be processed on next working day