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

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.

Zerodha vs 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

Overview Zerodha ICICI Direct
Company Type Private Public
Broker Type Discount Broker Full Service Broker
Headquarters Bangalore, India Mumbai, India
Founder Nithin Kamath M K Sharma
Established Year 2010 1994

Zerodha vs ICICI Direct Customer Ratings Comparison

Customer Ratings Zerodha ICICI Direct
Experience 5.7/10 7.5/10
Products & Services 8.5/10 8.9/10
Brokerage Charges & Fees 9.5/10 6.0/10
Stock Research & Advisory 4.0/10 8.5/10
Trading Platforms 9.0/10 8.5/10
Overall Ratings 7.4/10 7.9/10
Star Ratings ★★★★★ ★★★★★
Total Client Reviews 1865 1488

Zerodha vs ICICI Direct Demat Account Comparison

Demat Services Zerodha ICICI Direct
Depository Source CDSL NSDL & CDSL
Account Opening Charges Rs.300 Zero
Demat AMC Charges Rs.300 per Annum Rs.500 per Annum
Trading AMC Charges Free Rs.975
Margin Money Zero Minimum Rs.20,000
Offline to Online No No

ICICI Direct vs Zerodha Brokerage Charges Comparison

Brokerage Charge & Fees Zerodha ICICI Direct
Equity Delivery Trading Zero 0.55%
Equity Intraday Trading Rs.20 0.03% – 0.05%
Commodity Options Trading Rs.20 NA
Equity Futures Trading Rs.20 0.03% – 0.05%
Equity Options Trading Rs.20 per Lot Rs.35 – Rs.95 per Lot
Currency Futures Trading Rs.20 0.03% – 0.05%
Currency Options Trading Rs.20 per Lot Rs.10 – Rs.35 per Lot
Minimum Brokerage Zero Rs.35 per Trade
Demat AMC Charges Rs.300 per Annum Rs.500 per Annum
Trading AMC Charges Free Rs.975 per Annum
Margin Money Zero Minimum Rs.20,000
Brokerage Calculator Zerodha Brokerage Calculator ICICI Direct Brokerage Calculator

ICICI Direct & Zerodha Other Charges Comparison

Other Charges Zerodha ICICI Direct
Transaction Charges 0.00325% of Total Turnover 0.00280% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare ICICI Direct & Zerodha Offers

Offers Zerodha ICICI Direct
Free Demat Account S S
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 S R
Zero Brokerage for Loss Making Trades S R

Compare Services of Zerodha vs ICICI Direct

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 S R
Trading Institution S R
Trading Exposure Upto 28x Upto 16x

Compare ICICI Direct & Zerodha Research & Advisory

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

Exposure / Leverage Zerodha ICICI Direct
Equity Delivery Upto 20x Upto 8x
Equity Intraday Upto 28x Upto 16x
Equity Futures Upto 15x Upto 8x
Equity Options Upto 8x Upto 5x
Currency Futures Upto 12x Upto 8x
Currency Options Upto 8x Upto 8x
Commodities Upto 17x Upto 12x

Zerodha vs ICICI Direct Product Comparison

Products Zerodha ICICI Direct
Equity Trading R R
Commodity Trading R S
Currency Trading R R
Options R R
Futures R R
Mutual Funds S R
Forex S R
Banking S R
SIP S R
Insurance S R

Zerodha vs ICICI Direct Trading Platform Comparison

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

Customer Support Zerodha ICICI Direct
Dedicated Dealer S R
Offline Trading S S
Online Trading R R
24*7 Support R S
Support Number 080-40402020 022-33551122
Email Support R R
Chat Support R S
Toll Free Number S No
Branches Zero 226

Zerodha vs ICICI Direct Customer Complaints

Complaints (Current Year) Zerodha ICICI Direct
Lodged in BSE 120 225
Resolved in BSE 117 215
Lodged in NSE 89 196
Resolved in NSE 85 182

 


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

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Zerodha vs HDFC Securities ICICI Direct vs IIFL
Zerodha vs IIFL ICICI Direct vs Reliance Securities
Zerodha vs Reliance Securities ICICI Direct vs Ventura Securities
Zerodha vs Ventura Securities ICICI Direct vs SAMCO
Zerodha vs SAMCO ICICI Direct vs Kotak Securities
Zerodha vs 5Paisa ICICI Direct vs Angel Broking
Zerodha vs Angel Broking ICICI Direct vs Sharekhan

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