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

Here is a detailed comparison of ICICI Direct vs Upstox. ICICI Direct is renowned for their world class research & advisory wile Upstox is one of the fastest growing discount broker who doesn’t provide any advisory services. This comparison between ICICI Direct & Upstox is very dynamic.

ICICI Direct vs Upstox

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

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This ICICI Direct & Upstox comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare UpstoxICICI Direct :

Overview of ICICI Direct & Upstox

OverviewICICI DirectUpstox
Company TypePublicPrivate
Broker TypeFull Service BrokerDiscount Broker
HeadquartersMumbai, IndiaMumbai, India
FounderM K SharmaRaghu Kumar, Ravi Kumar & Shrinivas Vishvanath
Established Year19942009

ICICI Direct vs RKSV Customer Ratings Comparison

Customer RatingsICICI DirectUpstox
Products & Services8.9/106.5/10
Brokerage Charges & Fees6.0/109.5/10
Stock Research & Advisory8.5/103.0/10
Trading Platforms8.5/106.5/10
Overall Ratings7.9/106.2/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews1488598

ICICI Direct vs Upstox Demat Account Comparison

Demat ServicesICICI DirectUpstox
Depository SourceNSDL & CDSLCDSL
Account Opening ChargesZeroRs.150
Demat AMC ChargesRs.500 per AnnumRs.150 per Annum
Trading AMC ChargesRs.975Free
Margin MoneyMinimum Rs.20,000Zero
Offline to OnlineNoNo

Upstox vs ICICI Direct Brokerage Charges Comparison

Brokerage Charge & FeesICICI DirectUpstox
Equity Delivery Trading0.55%Zero
Equity Intraday Trading0.03% – 0.05%Rs.20
Commodity Options TradingNARs.20
Equity Futures Trading0.03% – 0.05%Rs.20
Equity Options TradingRs.35 – Rs.95 per LotRs.20 per lot
Currency Futures Trading0.03% – 0.05%Rs.20
Currency Options TradingRs.10 – Rs.35 per LotRs.20 per lot
Minimum BrokerageRs.35 per TradeRs.20
Demat AMC ChargesRs.500 per AnnumRs.150 per annum
Trading AMC ChargesRs.975 per AnnumFree
Margin MoneyMinimum Rs.20,000Zero
Brokerage CalculatorICICI Direct Brokerage CalculatorUpstox Brokerage Calculator

RKSV & ICICI Direct Other Charges Comparison

Other ChargesICICI DirectUpstox
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 Upstox & ICICI Direct Offers

OffersICICI DirectUpstox
Free Demat AccountSS
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 Upstox

ServicesICICI DirectUpstox
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountRS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRS
Robo AdvisoryRR
Trading InstitutionRS
Trading ExposureUpto 16xUpto 20x

Compare Upstox & ICICI Direct Research & Advisory

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

ICICI Direct vs Upstox Exposure/Leverage

Exposure / LeverageICICI DirectUpstox
Equity DeliveryUpto 8xUpto 5x
Equity IntradayUpto 16xUpto 20x
Equity FuturesUpto 8xUpto 7x
Equity OptionsUpto 5xUpto 8x
Currency FuturesUpto 8xUpto 5x
Currency OptionsUpto 8xUpto 6x
CommoditiesUpto 12xUpto 7x

ICICI Direct vs Upstox Product Comparison

ProductsICICI DirectUpstox
Equity TradingRR
Commodity TradingSNo
Currency TradingRR
Mutual FundsRS

ICICI Direct vs Upstox Trading Platform Comparison

Trading PlatformsICICI DirectUpstox
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 ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

ICICI Direct vs Upstox Customer Support

Customer SupportICICI DirectUpstox
Dedicated DealerRS
Offline TradingSS
Online TradingRR
24*7 SupportSS
Support Number022-33551122022 – 6130 9999
Email SupportRR
Chat SupportSS
Toll Free NumberNoS

ICICI Direct vs Upstox Customer Complaints

Complaints (Current Year)ICICI DirectUpstox
Lodged in BSE225185
Resolved in BSE215126
Lodged in NSE196175
Resolved in NSE182139

Compare ICICI Direct with other Brokers & Upstox with other Brokers:

ICICI Direct vs Bonanza PortfolioUpstox vs Anand Rathi
ICICI Direct vs HDFC SecuritiesUpstox vs Religare Securities
ICICI Direct vs IIFLUpstox vs Reliance Securities
ICICI Direct vs Reliance SecuritiesUpstox vs Ventura Securities
ICICI Direct vs Ventura SecuritiesUpstox vs SAMCO
ICICI Direct vs SAMCOUpstox vs Bonanza Portfolio
ICICI Direct vs Kotak SecuritiesUpstox vs HDFC Securities
ICICI Direct vs Angel BrokingUpstox vs IIFL
ICICI Direct vs SharekhanUpstox vs Edelweiss
ICICI Direct vs ZerodhaUpstox vs Motilal Oswal

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