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

OverviewZerodhaICICI Direct
Company TypePrivatePublic
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaMumbai, India
Founder Nithin Kamath, Nikhil Kamath, Dr.Kailash NadhVjay Chandok
Established Year20101994

Zerodha vs ICICI Direct Customer Ratings Comparison

Customer RatingsZerodhaICICI Direct
Experience8.7 / 108.8 / 10
Products & Services9.4 / 108.4 / 10
Brokerage Charges & Fees9.5 / 108.5 / 10
Stock Research & Advisory9.6 / 107.9 / 10
Trading Platforms8.5 / 108.6 / 10
Overall Ratings9.14 / 108.44 / 10
Star Ratings★★★★★★★★★☆
Total Client Reviews58934026

Zerodha vs ICICI Direct Demat Account Comparison

Demat ServicesZerodhaICICI Direct
Depository SourceCDSLNSDL & CDSL
Account Opening ChargesRs.200Zero
Demat AMC ChargesRs.300 per AnnumRs 300 (from 2nd year)
Trading AMC ChargesFreeRs 0 (Free)
Margin Money75% Margin75% Margin
Offline to OnlineSS

ICICI Direct vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaICICI Direct
Equity Delivery TradingRs 0 (Free)0.55%
Equity Intraday TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Commodity Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Equity Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 0 (Free)
Equity Options TradingFlat Rs 20 per executed order (on Turnover)Rs 20 per order
Currency Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Currency Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs 20 per order
Minimum BrokerageZeroRs.20 per Trade
Demat AMC ChargesRs.300 per AnnumRs.300 per Annum from 2nd year
Trading AMC ChargesFreeZero
Margin Money75% Margin75% Margin
Brokerage CalculatorZerodha Brokerage CalculatorICICI Direct Brokerage Calculator

ICICI Direct & Zerodha Other Charges Comparison

Other ChargesZerodhaICICI Direct
Transaction Charges0.00325% of Total Turnover0.00280% 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 ChargesRs 10 / Crore0.00005% (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 ICICI Direct & Zerodha Offers

OffersZerodhaICICI Direct
Free Demat AccountSR
Free Trading AccountSS
Discount on BrokerageRS
Trading Happy HoursSR
Flexible Brokerage PlansSR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRR
Zero Brokerage for Loss Making TradesSR

Compare Services of Zerodha vs ICICI Direct

ServicesZerodhaICICI Direct
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSR
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisorySR
PMSRR
Trading InstitutionSR
Trading ExposureUpto 5xUpto 5x

Compare ICICI Direct & Zerodha Research & Advisory

Research & AdvisoryZerodhaICICI Direct
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSS
IPO ReportsSR
Top PicksSS
Daily Market ReviewSR
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Zerodha vs ICICI Direct Exposure/Leverage

Exposure / LeverageZerodhaICICI Direct
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorZerodha Margin CalculatorICICI Direct Margin Calculator

Zerodha vs ICICI Direct Product Comparison

ProductsZerodhaICICI Direct
Equity TradingRR
Commodity TradingRS
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSR
BankingSR
SIPRR
InsuranceSR

Zerodha vs ICICI Direct Trading Platform Comparison

Trading PlatformsZerodhaICICI Direct
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

Zerodha vs ICICI Direct Customer Support

Customer SupportZerodhaICICI Direct
Dedicated DealerSR
Offline TradingSS
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportRS
Toll Free NumberSS
BranchesZero226

Zerodha vs ICICI Direct Customer Complaints

Complaints (Current Year)ZerodhaICICI Direct
Lodged in BSE220225
Resolved in BSE217215
Lodged in NSE189196
Resolved in NSE185182

 


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