-ve pts of Icicidirect :
Pre-opening trades punched in take minimum 5-10 minutes to reach the exchange !! This is simply way out & unacceptable !! They claim it is due to the queing of thousands of orders. But what fuc---- software takes 10-15 minutes to unload thousands of orders ???
The site is extremely extremely slow, in fact from a dial-up it is practically unusable. So it is not possible to place an order in a hurry.
Limited scrips are allowed for trading.
+ve’s :
You can transfer shares online to other parties
facilities to apply for IPO’s
Relatively friendly interface
But the fact is , all the +ve’s are blown away by the problem of performance, particularly the inability of your pre-opening orders to reach the market in real-time. No one who used the site on that dark day in May when the markets lost over 10% value would have been able to get out at the opening.