Here is a detailed comparison of Zerodha vs ICICI Direct. ICICI Direct is a bank broking house with customer base of over 3 million while zerodha has grown significantly in last few years & has already reached 6 lakh customer base in 7 years. This is a very interesting comparison between Zerodha & ICICI Direct.
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 Zerodha & ICICI Direct comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare ICICI Direct & Zerodha
Overview of Zerodha & ICICI Direct |
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Overview | Zerodha | ICICI Direct |
Company Type | Private | Public |
Broker Type | Discount Broker | Full Service Broker |
Headquarters | Bangalore, India | Mumbai, India |
Founder | Nithin Kamath, Nikhil Kamath, Dr.Kailash Nadh | Vjay Chandok |
Established Year | 2010 | 1994 |
Zerodha vs ICICI Direct Customer Ratings Comparison |
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Customer Ratings | Zerodha | ICICI Direct |
Experience | 8.7 / 10 | 8.8 / 10 |
Products & Services | 9.4 / 10 | 8.4 / 10 |
Brokerage Charges & Fees | 9.5 / 10 | 8.5 / 10 |
Stock Research & Advisory | 9.6 / 10 | 7.9 / 10 |
Trading Platforms | 8.5 / 10 | 8.6 / 10 |
Overall Ratings | 9.14 / 10 | 8.44 / 10 |
Star Ratings | ★★★★★ | ★★★★☆ |
Total Client Reviews | 5893 | 4026 |
Zerodha vs ICICI Direct Demat Account Comparison |
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Demat Services | Zerodha | ICICI Direct |
Depository Source | CDSL | NSDL & CDSL |
Account Opening Charges | Rs.200 | Zero |
Demat AMC Charges | Rs.300 per Annum | Rs 300 (from 2nd year) |
Trading AMC Charges | Free | Rs 0 (Free) |
Margin Money | 75% Margin | 75% Margin |
Offline to Online | S | S |
ICICI Direct vs Zerodha Brokerage Charges Comparison |
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Brokerage Charge & Fees | Zerodha | ICICI Direct |
Equity Delivery Trading | Rs 0 (Free) | 0.55% |
Equity Intraday Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | Rs 20 per order |
Commodity Options Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | Rs 20 per order |
Equity Futures Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | Rs 0 (Free) |
Equity Options Trading | Flat Rs 20 per executed order (on Turnover) | Rs 20 per order |
Currency Futures Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | Rs 20 per order |
Currency Options Trading | Flat Rs 20 or 0.03% (whichever is lower) per executed order | Rs 20 per order |
Minimum Brokerage | Zero | Rs.20 per Trade |
Demat AMC Charges | Rs.300 per Annum | Rs.300 per Annum from 2nd year |
Trading AMC Charges | Free | Zero |
Margin Money | 75% Margin | 75% Margin |
Brokerage Calculator | Zerodha Brokerage Calculator | ICICI Direct Brokerage Calculator |
ICICI Direct & Zerodha Other Charges Comparison |
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Other Charges | Zerodha | ICICI Direct |
Transaction Charges | 0.00325% of Total Turnover | 0.00280% 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 | Rs 10 / 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 ICICI Direct & Zerodha Offers |
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Offers | Zerodha | ICICI Direct |
Free Demat Account | S | R |
Free Trading Account | S | S |
Discount on Brokerage | R | S |
Trading Happy Hours | S | R |
Flexible Brokerage Plans | S | R |
1 Month Brokerage Free | S | S |
Holiday Offers | S | S |
Referral Offers | R | R |
Zero Brokerage for Loss Making Trades | S | R |
Compare Services of Zerodha vs ICICI Direct |
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Services | Zerodha | ICICI Direct |
Demat Services | R | R |
Trading Services | R | R |
3 in 1 Acount | S | R |
Intraday Services | R | R |
IPO Services | R | R |
Stock Recommendations | S | R |
Robo Advisory | S | R |
PMS | R | R |
Trading Institution | S | R |
Trading Exposure | Upto 5x | Upto 5x |
Compare ICICI Direct & Zerodha Research & Advisory |
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Research & Advisory | Zerodha | ICICI Direct |
Fundamental Reports | S | R |
Research Reports | S | R |
Company Reports | S | R |
Annual Reports | S | R |
Company Stock Review | S | R |
Free Stock Tips | S | S |
IPO Reports | S | R |
Top Picks | S | S |
Daily Market Review | S | R |
Monthly Reports | S | R |
Weekly Reports | S | R |
Offline Advisory | S | R |
Relationship Manager | S | R |
Zerodha vs ICICI Direct Exposure/Leverage |
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Exposure / Leverage | Zerodha | ICICI Direct |
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 | Zerodha Margin Calculator | ICICI Direct Margin Calculator |
Zerodha vs ICICI Direct Product Comparison |
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Products | Zerodha | ICICI Direct |
Equity Trading | R | R |
Commodity Trading | R | S |
Currency Trading | R | R |
Options | R | R |
Futures | R | R |
Mutual Funds | R | R |
Forex | S | R |
Banking | S | R |
SIP | R | R |
Insurance | S | R |
Zerodha vs ICICI Direct Trading Platform Comparison |
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Trading Platforms | Zerodha | ICICI Direct |
Desktop Platform – Windows | R | R |
Desktop Platform – Mac | R | R |
Desktop Browser Platform | R | R |
Mobile Site Platform | R | R |
Android App Platform | R | R |
iOS App Platform | R | R |
Windows App Platform | S | S |
Other Mobile OS Platform | S | S |
Real time Updates | R | R |
Portfolio Details | R | R |
Online MF Buy | R | R |
News Flash | R | R |
Research Reports | R | R |
Easy Installation | R | R |
Global Indices | R | R |
Stock Tips | R | R |
Personalized Advisory | R | R |
Interactive Charts | R | R |
Live Markets | R | R |
SMS Alerts | R | R |
Email Alerts | R | R |
Multi Account Management | R | R |
Zerodha vs ICICI Direct Customer Support |
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Customer Support | Zerodha | ICICI Direct |
Dedicated Dealer | S | R |
Offline Trading | S | S |
Online Trading | R | R |
24*7 Support | R | S |
Email Support | R | R |
Chat Support | R | S |
Toll Free Number | S | S |
Branches | Zero | 226 |
Zerodha vs ICICI Direct Customer Complaints |
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Complaints (Current Year) | Zerodha | ICICI Direct |
Lodged in BSE | 220 | 225 |
Resolved in BSE | 217 | 215 |
Lodged in NSE | 189 | 196 |
Resolved in NSE | 185 | 182 |
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