ICICI Direct vs Way2Wealth – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of ICICI Direct vs Way2Wealth. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between ICICI Direct & Way2Wealth will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

ICICI Direct vs Way2Wealth

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 &  Way2Wealth comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare  Way2Wealth & ICICI Direct

Overview of ICICI Direct & Way2Wealth

OverviewICICI DirectWay2Wealth
Company TypePublicPublic
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai
FounderVjay ChandokV.G. Siddhartha
Established Year19941984

ICICI Direct vs Way2Wealth Customer Ratings Comparison

Customer RatingsICICI DirectWay2Wealth
Experience8.8 / 104.4/10
Products & Services8.4 / 105.3/10
Brokerage Charges & Fees8.5 / 106.4/10
Stock Research & Advisory7.9 / 105.2/10
Trading Platforms8.6 / 105.2/10
Overall Ratings8.44 / 105.3/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews4026119

ICICI Direct vs Way2Wealth Demat Account Comparison

Demat ServicesICICI DirectWay2Wealth
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesZeroRs. 500 One time or Rs 2000 (Life time Free AMC)
Demat AMC ChargesRs 300 (from 2nd year)Rs. 550 per Annum
Trading AMC ChargesRs 0 (Free)Free
Margin Money75% Margin75% Margin
Offline to OnlineSR

Way2Wealth vs ICICI Direct Brokerage Charges Comparison

Brokerage Charge & FeesICICI DirectWay2Wealth
Equity Delivery Trading0.55%0.50%
Equity Intraday TradingRs 20 per order0.03% – 0.05%
Commodity Options TradingRs 20 per order0.03% – 0.05%
Equity Futures TradingRs 0 (Free)0.03% – 0.05%
Equity Options TradingRs 20 per orderRs. 30 per Lot
Currency Futures TradingRs 20 per orderRs.30 per Lot
Currency Options TradingRs 20 per orderRs.30 per Lot
Minimum BrokerageRs.20 per TradeCustomizable
Demat AMC ChargesRs.300 per Annum from 2nd yearRs. 550 per Annum
Trading AMC ChargesZeroFree
Margin Money75% Margin75% Margin
Brokerage CalculatorICICI Direct Brokerage CalculatorWay2Wealth Brokerage Calculator

Way2Wealth & ICICI Direct Other Charges Comparison

Other ChargesICICI DirectWay2Wealth
Transaction Charges0.00280% of Total Turnover0.00325% 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 Way2Wealth & ICICI Direct Offers

OffersICICI DirectWay2Wealth
Free Demat AccountRS
Free Trading AccountSR
Discount on BrokerageSR
Trading Happy HoursRS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSR
Referral OffersRR
Zero Brokerage for Loss Making TradesRS

Compare Services of ICICI Direct vs Way2Wealth

ServicesICICI DirectWay2Wealth
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisoryRR
PMSRR
Trading InstitutionRS
Trading ExposureUpto 5xUpto 5x

Compare Way2Wealth & ICICI Direct Research & Advisory

Research & AdvisoryICICI DirectWay2Wealth
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewRR
Free Stock TipsSR
IPO ReportsRR
Top PicksSR
Daily Market ReviewRR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

ICICI Direct vs Way2Wealth Exposure/Leverage

Exposure / LeverageICICI DirectWay2Wealth
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorICICI Direct Margin CalculatorWay2Wealth Margin Calculator

ICICI Direct vs Way2Wealth Product Comparison

ProductsICICI DirectWay2Wealth
Equity TradingRR
Commodity TradingSR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexRR
BankingRS
SIPRR
InsuranceRR

ICICI Direct vs Way2Wealth Trading Platform Comparison

Trading PlatformsICICI DirectWay2Wealth
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRS
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 Way2Wealth Customer Support

Customer SupportICICI DirectWay2Wealth
Dedicated DealerRR
Offline TradingSR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportSS
Toll Free NumberSS
Branches226180

ICICI Direct vs Way2Wealth Customer Complaints

Complaints (Current Year)ICICI DirectWay2Wealth
Lodged in BSE225124
Resolved in BSE21575
Lodged in NSE196154
Resolved in NSE18286

Compare ICICI Direct with other Brokers & Way2Wealth with other Brokers


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