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
FounderM K SharmaTejas Khoday, Shreyas Khodey & Yashas Khodey
Established Year19942015

ICICI Direct vs Fyers Customer Ratings Comparison

Customer RatingsICICI DirectFyers
Experience7.5/103.0/10
Products & Services8.9/108.5/10
Brokerage Charges & Fees6.0/105.9/10
Stock Research & Advisory8.5/106.0/10
Trading Platforms8.5/105.6/10
Overall Ratings7.9/105.7/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews1488123

ICICI Direct vs Fyers Demat Account Comparison

Demat ServicesICICI DirectFyers
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroFree
Demat AMC ChargesRs.500 per Annum1st Year Free & Rs.300 per Annum
Trading AMC ChargesRs.975Free
Margin MoneyMinimum Rs.20,000Zero Margin
Offline to OnlineSR

Fyers vs ICICI Direct Brokerage Charges Comparison

Brokerage Charge & FeesICICI DirectFyers
Equity Delivery Trading0.55%Free
Equity Intraday Trading0.03% – 0.05%0.01% or Rs.20 per Executed order
Commodity Options TradingNA0.01% or Rs.20 per Executed order
Equity Futures Trading0.03% – 0.05%0.01% or Rs.20 per Executed order
Equity Options TradingRs.35 – Rs.95 per LotRs.20 per executed order
Currency Futures Trading0.03% – 0.05%0.01% or Rs.20 per Executed order
Currency Options TradingRs.10 – Rs.35 per LotRs.20 per executed order
Minimum BrokerageRs.35 per TradeRs.20 per executed order
Demat AMC ChargesRs.500 per AnnumFree for 1st year & Rs.300
Trading AMC ChargesRs.975 per AnnumFree
Margin MoneyMinimum Rs.20,000Zero 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
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare Fyers & ICICI Direct Offers

OffersICICI DirectFyers
Free Demat AccountSR
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 16xUpto 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 DeliveryUpto 8xUpto 2X
Equity IntradayUpto 16xUpto 5X
Equity FuturesUpto 8xUpto 4X
Equity OptionsUpto 5xUpto 5X
Currency FuturesUpto 8xUpto 3X
Currency OptionsUpto 8xUpto 3X
CommoditiesUpto 12xUpto 3X
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 NumberNoS
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

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Icici Direct vs Shri Parasram HoldingsBonanza Portfolio vs Fyers
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Icici Direct vs Yes SecuritiesJhaveri Securities vs Fyers
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Paytm Money vs Icici DirectKarvy vs Fyers
Sharekhan vs Icici DirectKifs Trade vs Fyers
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