ICICI Direct vs Fyers – Compare Brokerage Charges, Demat Account & more

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.

ICICI Direct vs Fyers

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  FyersICICI Direct

Overview of ICICI Direct & Fyers

OverviewICICI DirectFyers
Company TypePublicPrivate
Broker TypeFull Service BrokerDiscount Broker
HeadquartersMumbai, IndiaBangalore, Karnataka
FounderVjay ChandokTejas Khoday, Shreyas Khodey & Yashas Khodey
Established Year19942015

ICICI Direct vs Fyers Customer Ratings Comparison

Customer RatingsICICI DirectFyers
Experience8.8 / 103.0/10
Products & Services8.4 / 108.5/10
Brokerage Charges & Fees8.5 / 105.9/10
Stock Research & Advisory7.9 / 106.0/10
Trading Platforms8.6 / 105.6/10
Overall Ratings8.44 / 105.7/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews4026123

ICICI Direct vs Fyers Demat Account Comparison

Demat ServicesICICI DirectFyers
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroFree
Demat AMC ChargesRs 300 (from 2nd year)1st Year Free & Rs.300 per Annum
Trading AMC ChargesRs 0 (Free)Free
Margin Money75% Margin75% Margin
Offline to OnlineSR

Fyers vs ICICI Direct Brokerage Charges Comparison

Brokerage Charge & FeesICICI DirectFyers
Equity Delivery Trading0.55%Free
Equity Intraday TradingRs 20 per order0.01% or Rs.20 per Executed order
Commodity Options TradingRs 20 per order0.01% or Rs.20 per Executed order
Equity Futures TradingRs 0 (Free)0.01% or Rs.20 per Executed order
Equity Options TradingRs 20 per orderRs.20 per executed order
Currency Futures TradingRs 20 per order0.01% or Rs.20 per Executed order
Currency Options TradingRs 20 per orderRs.20 per executed order
Minimum BrokerageRs.20 per TradeRs.20 per executed order
Demat AMC ChargesRs.300 per Annum from 2nd yearFree for 1st year & Rs.300
Trading AMC ChargesZeroFree
Margin Money75% Margin75% Margin
Brokerage CalculatorICICI Direct Brokerage CalculatorFyers Brokerage Calculator

Fyers & ICICI Direct Other Charges Comparison

Other ChargesICICI DirectFyers
Transaction Charges0.00280% of Total Turnover0.00275% of Total Turnover
STTEquity 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 Charges0.00005% (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)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare Fyers & ICICI Direct Offers

OffersICICI DirectFyers
Free Demat AccountRR
Free Trading AccountSR
Discount on BrokerageSR
Trading Happy HoursRS
Flexible Brokerage PlansRS
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesRS

Compare Services of ICICI Direct vs Fyers

ServicesICICI DirectFyers
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRS
Robo AdvisoryRS
PMSRS
Trading InstitutionRS
Trading ExposureUpto 5xUpto 5x

Compare Fyers & ICICI Direct Research & Advisory

Research & AdvisoryICICI DirectFyers
Fundamental ReportsRS
Research ReportsRS
Company ReportsRS
Annual ReportsRS
Company Stock ReviewRS
Free Stock TipsSR
IPO ReportsRS
Top PicksSS
Daily Market ReviewRS
Monthly ReportsRS
Weekly ReportsRS
Offline AdvisoryRS
Relationship ManagerRS

ICICI Direct vs Fyers Exposure/Leverage

Exposure / LeverageICICI DirectFyers
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorICICI Direct Margin CalculatorFyers Margin Calculator

ICICI Direct vs Fyers Product Comparison

ProductsICICI DirectFyers
Equity TradingRR
Commodity TradingSR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexRS
BankingRS
SIPRR
InsuranceRS

ICICI Direct vs Fyers Trading Platform Comparison

Trading PlatformsICICI DirectFyers
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRS
Easy InstallationRR
Global IndicesRR
Stock TipsRS
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRR
Multi Account ManagementRS

ICICI Direct vs Fyers Customer Support

Customer SupportICICI DirectFyers
Dedicated DealerRS
Offline TradingSS
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportSS
Toll Free NumberSS
Branches226No Branch

ICICI Direct vs Fyers Customer Complaints

Complaints (Current Year)ICICI DirectFyers
Lodged in BSE22545
Resolved in BSE21540
Lodged in NSE19664
Resolved in NSE18258

Compare ICICI Direct with other Brokers & Fyers with other Brokers


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