Here is a detailed comparison of ICICI Direct vs Fyers. ICICI Direct is one of the few banking broker which is listed in the stock exchange while Fyers is a discount broker which provides flat charges to its clients. This comparison between ICICI Direct & Fyers is a neck to neck affair.
Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies. This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.
In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:
- Overview
- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
Compare Stock Brokers
This ICICI Direct & Fyers comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare Fyers & ICICI Direct
Overview of ICICI Direct & Fyers |
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| Overview | ICICI Direct | Fyers |
| Company Type | Public | Private |
| Broker Type | Full Service Broker | Discount Broker |
| Headquarters | Mumbai, India | Bangalore, Karnataka |
| Founder | Vjay Chandok | Tejas Khoday, Shreyas Khodey & Yashas Khodey |
| Established Year | 1994 | 2015 |
ICICI Direct vs Fyers Customer Ratings Comparison |
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| Customer Ratings | ICICI Direct | Fyers |
| Experience | 8.8 / 10 | 3.0/10 |
| Products & Services | 8.4 / 10 | 8.5/10 |
| Brokerage Charges & Fees | 8.5 / 10 | 5.9/10 |
| Stock Research & Advisory | 7.9 / 10 | 6.0/10 |
| Trading Platforms | 8.6 / 10 | 5.6/10 |
| Overall Ratings | 8.44 / 10 | 5.7/10 |
| Star Ratings | ★★★★☆ | ★★★☆☆ |
| Total Client Reviews | 4026 | 123 |
ICICI Direct vs Fyers Demat Account Comparison |
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| Demat Services | ICICI Direct | Fyers |
| Depository Source | NSDL & CDSL | CDSL & NSDL |
| Account Opening Charges | Zero | Free |
| Demat AMC Charges | Rs 300 (from 2nd year) | 1st Year Free & Rs.300 per Annum |
| Trading AMC Charges | Rs 0 (Free) | Free |
| Margin Money | 75% Margin | 75% Margin |
| Offline to Online | ✖ | ✔ |
Fyers vs ICICI Direct Brokerage Charges Comparison |
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| Brokerage Charge & Fees | ICICI Direct | Fyers |
| Equity Delivery Trading | 0.55% | Free |
| Equity Intraday Trading | Rs 20 per order | 0.01% or Rs.20 per Executed order |
| Commodity Options Trading | Rs 20 per order | 0.01% or Rs.20 per Executed order |
| Equity Futures Trading | Rs 0 (Free) | 0.01% or Rs.20 per Executed order |
| Equity Options Trading | Rs 20 per order | Rs.20 per executed order |
| Currency Futures Trading | Rs 20 per order | 0.01% or Rs.20 per Executed order |
| Currency Options Trading | Rs 20 per order | Rs.20 per executed order |
| Minimum Brokerage | Rs.20 per Trade | Rs.20 per executed order |
| Demat AMC Charges | Rs.300 per Annum from 2nd year | Free for 1st year & Rs.300 |
| Trading AMC Charges | Zero | Free |
| Margin Money | 75% Margin | 75% Margin |
| Brokerage Calculator | ICICI Direct Brokerage Calculator | Fyers Brokerage Calculator |
Fyers & ICICI Direct Other Charges Comparison |
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| Other Charges | ICICI Direct | Fyers |
| Transaction Charges | 0.00280% of Total Turnover | 0.00275% of Total Turnover |
| STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
| SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) | 0.00005% (Rs. 5/Crore) |
| Stamp Duty | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Compare Fyers & ICICI Direct Offers |
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| Offers | ICICI Direct | Fyers |
| Free Demat Account | ✔ | ✔ |
| Free Trading Account | ✖ | ✔ |
| Discount on Brokerage | ✖ | ✔ |
| Trading Happy Hours | ✔ | ✖ |
| Flexible Brokerage Plans | ✔ | ✖ |
| 1 Month Brokerage Free | ✖ | ✖ |
| Holiday Offers | ✖ | ✖ |
| Referral Offers | ✔ | ✖ |
| Zero Brokerage for Loss Making Trades | ✔ | ✖ |
Compare Services of ICICI Direct vs Fyers |
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| Services | ICICI Direct | Fyers |
| Demat Services | ✔ | ✔ |
| Trading Services | ✔ | ✔ |
| 3 in 1 Account | ✔ | ✖ |
| Intraday Services | ✔ | ✔ |
| IPO Services | ✔ | ✔ |
| Stock Recommendations | ✔ | ✖ |
| Robo Advisory | ✔ | ✖ |
| PMS | ✔ | ✖ |
| Trading Institution | ✔ | ✖ |
| Trading Exposure | Upto 5x | Upto 5x |
Compare Fyers & ICICI Direct Research & Advisory |
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| Research & Advisory | ICICI Direct | Fyers |
| Fundamental Reports | ✔ | ✖ |
| Research Reports | ✔ | ✖ |
| Company Reports | ✔ | ✖ |
| Annual Reports | ✔ | ✖ |
| Company Stock Review | ✔ | ✖ |
| Free Stock Tips | ✖ | ✔ |
| IPO Reports | ✔ | ✖ |
| Top Picks | ✖ | ✖ |
| Daily Market Review | ✔ | ✖ |
| Monthly Reports | ✔ | ✖ |
| Weekly Reports | ✔ | ✖ |
| Offline Advisory | ✔ | ✖ |
| Relationship Manager | ✔ | ✖ |
ICICI Direct vs Fyers Exposure/Leverage |
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| Exposure / Leverage | ICICI Direct | Fyers |
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x | Upto 5x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
| Currency Futures | 1x | 1x |
| Currency Options | 1x | 1x |
| Commodities | 1x | 1x |
| Margin Calculator | ICICI Direct Margin Calculator | Fyers Margin Calculator |
ICICI Direct vs Fyers Product Comparison |
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| Products | ICICI Direct | Fyers |
| Equity Trading | ✔ | ✔ |
| Commodity Trading | ✖ | ✔ |
| Currency Trading | ✔ | ✔ |
| Options | ✔ | ✔ |
| Futures | ✔ | ✔ |
| Mutual Funds | ✔ | ✔ |
| Forex | ✔ | ✖ |
| Banking | ✔ | ✖ |
| SIP | ✔ | ✔ |
| Insurance | ✔ | ✖ |
ICICI Direct vs Fyers Trading Platform Comparison |
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| Trading Platforms | ICICI Direct | Fyers |
| Desktop Platform – Windows | ✔ | ✔ |
| Desktop Platform – Mac | ✔ | ✔ |
| Desktop Browser Platform | ✔ | ✔ |
| Mobile Site Platform | ✔ | ✔ |
| Android App Platform | ✔ | ✔ |
| iOS App Platform | ✔ | ✔ |
| Windows App Platform | ✖ | ✖ |
| Other Mobile OS Platform | ✖ | ✖ |
| Real time Updates | ✔ | ✔ |
| Portfolio Details | ✔ | ✔ |
| Online MF Buy | ✔ | ✔ |
| News Flash | ✔ | ✔ |
| Research Reports | ✔ | ✖ |
| Easy Installation | ✔ | ✔ |
| Global Indices | ✔ | ✔ |
| Stock Tips | ✔ | ✖ |
| Personalized Advisory | ✔ | ✖ |
| Interactive Charts | ✔ | ✔ |
| Live Markets | ✔ | ✔ |
| SMS Alerts | ✔ | ✖ |
| Email Alerts | ✔ | ✔ |
| Multi Account Management | ✔ | ✖ |
ICICI Direct vs Fyers Customer Support |
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| Customer Support | ICICI Direct | Fyers |
| Dedicated Dealer | ✔ | ✖ |
| Offline Trading | ✖ | ✖ |
| Online Trading | ✔ | ✔ |
| 24*7 Support | ✖ | ✖ |
| Email Support | ✔ | ✔ |
| Chat Support | ✖ | ✖ |
| Toll Free Number | ✖ | ✖ |
| Branches | 226 | No Branch |
ICICI Direct vs Fyers Customer Complaints |
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| Complaints (Current Year) | ICICI Direct | Fyers |
| Lodged in BSE | 225 | 45 |
| Resolved in BSE | 215 | 40 |
| Lodged in NSE | 196 | 64 |
| Resolved in NSE | 182 | 58 |
Compare ICICI Direct with other Brokers & Fyers with other Brokers
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