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Are you looking for the information regarding ICICI Direct charges? If yes, then you have come to the right place. From the account opening charges to special plans, here we will cover everything related to the ICICI Direct.

ICICI Direct is one of the largest broking companies in India that offers a large variety of investment services & levies various types of charges to their clients. So, let’s review ICICI Direct brokerage charges and other charges.

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ICICI Direct Brokerage Charges

Find below the detail of ICICI direct brokerage charges:

Brokerage Charge & Fees
Equity Delivery Trading0.55%
Equity Intraday TradingRs 20 per order
Commodity TradingRs 20 per order
Equity Futures TradingRs 0 (Free)
Equity Options TradingRs 20 per order
Currency Futures TradingRs 20 per order
Currency Options TradingRs 20 per order

If a client want to trade in equity delivery, he/she needs to pay 0.55% as a brokerage charges. The brokerage charges for equity Intraday, equity options, currency options and currency futures are fixed at a flat rate of Rs.20 per order.

For equity futures, the brokerage charges are nil. If you trade in either of the segment, the charges are waived off.

ICICI Direct is one of the most efficient stock broking entities in business, to know more about it, check our ICICI Direct Review.


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    ICICI Direct Special Brokerage Plans

    Below mentioned table gives you details of ICICI direct special brokerage plans:

    ICICI Direct NEO Brokerage Plan

    NEO PlanCharges
    Equity Delivery Trading0.55%
    Equity Intraday TradingRs 20 per order
    Commodity TradingRs 20 per order
    Equity Futures TradingRs 0 (Free)
    Equity Options TradingRs 20 per order
    Currency Futures TradingRs 20 per order
    Currency Options TradingRs 20 per order

    ICICI Direct NEO Brokerage Plan is one of the best plans for active traders. This plan has a flat fee of Rs. 20 per order for different segments like intraday, commodities, equity options, currency futures, and options.

    For trading, there is only 0.15% brokerage applicable which is quite nominal and if you want to trade equity futures, there is no fee at all.

    ICICI Direct Prime Brokerage Plan

    Prime Plan (Rs)Cash %Margin / Futures %Options (Per Lot)Currency & Commodity (Per Order)(Rs)eATM Limit (Rs)Special MTF Interest rates/ LPC (Yearly)
    2990.270.027Rs 40 Rs 202.5 lakhs14.90%
    9990.220.022 Rs 35 Rs 2010 lakhs12.90%
    1,9990.180.018 Rs 25 Rs 2025 lakhs10.40%
    2,9990.150.015 Rs 20 Rs 201 Cr8.90%
    3,9990.120.012 Rs 15 Rs 201 Cr8.90%
    4,9990.10.01 Rs 10 Rs 201 Cr7.90%

    ICICI Direct Prime brokerage plan has been divided as per the amount you want to pay for the plan and accordingly the facilities and features have been categorized.

    For instance, with the nominal plan of Rs. 299 you can trade in the cash segment paying a 0.27% brokerage fee while for other segments expect futures, there is a flat fee of Rs. 20 per order.

    Similarly, there are five other schemes under this plan. There are high-paying schemes as you can see in the table above, and the more money you pay, the cheaper brokerage fee will be charged.

    ICICI Direct PREPAID BROKERAGE PLAN

    Earlier Prepaid Plan(Rs)New Prepaid Plan(Rs)Cash %Margin / Futures %Options (per lot)Currency & Commodity (per Order)(Rs)Daily eATM Limit (Rs)Special MTF interest rate (%p.a)
    5,0002,5000.250.025 Rs 35 Rs 2010 Lakhs12.9
    12,5005,0000.220.022 Rs 30 Rs 2025 Lakhs12.9
    25,00012,5000.180.018 Rs 25 Rs 2025 Lakhs11.4
    50,00025,0000.150.015 Rs 20 Rs 201 Cr8.9
    1,00,00050,0000.120.012 Rs 15 Rs 201 Cr8.9
    1,50,00075,0000.090.009 Rs 10 Rs 201 Cr8.9
    1,00,000New0.070.007 Rs 7 Rs 201 Cr7.9

    ICICI Direct Prepaid Brokerage Plan is a plan where you have to deposit a certain amount, and accordingly, the brokerage charges are imposed.

    The prepaid plan of ICICI Direct has been revamped and now,  you can opt for this plan from a starting amount of Rs. 2500 while earlier the minimum amount was Rs. 5000.

    For the cash segment, the brokerage fee range from 0.07% to 0.25% while the charges for the future segment range from 0.007% to 0.025%.

    For the currency and commodity segment, there is a flat fee of Rs. 20 per order for all the schemes.

    For the options trading, the brokerage fee range from Rs. 7 per order to Rs. 35 per order. The ASTM limit varies from Rs. 10  lakhs to Rs. 1 crore while the special MFT interest rate ranges from 12.9% to 7.9%.

    ICICI Direct I-Secure Plan

    I-Secure PlanCharges
    Delivery Trading0.55%
    Intraday TradingRs  50/-
    Commodity Futures TradingRs.20 per order
    Futures Trading0.05%
    Equity Options TradingRs.95 per contract lot
    Currency Futures TradingRs.20 per order
    Currency Options TradingRs.20 per order

    ICICI Direct I-Secure plan is for traders who trades often but not regularly. If you opt for this plan,  you will be paying a brokerage fee of 0.55% on the delivery of the stocks/ other assets.

    While for the intraday traders, the charge is typically high at Rs. 50 per order and it is even higher for the equity options trading where you need to pay Rs. 95 per contract lot.

    Apart from these, there is a flat fee of Rs. 20 for commodity futures, currency futures, and currency options. However, if you want to trade equity futures, you would have to pay 0.05% of the amount of the transaction.

    ICICI Direct NRI Brokerage Plan

    Total Eligible Turnover (Volume of Transaction) per monthBrokerage
    Trades above Rs. 50,00,000/- (Above Rs. 50 lacs)0.50%
    Rs . 25,00,001/- to Rs. 50,00,000/- (Rs. 25 lacs to Rs. 50 lacs)0.75%
    Rs . 10,00,001/- to Rs. 25,00,000/- ( Rs. 10 lacs to Rs. 25 lacs)0.90%
    Rs . 5,00,001/- to Rs. 10,00,000/- ( Rs. 5 lacs to Rs. 10 lacs)1.00%
    Up to Rs. 5,00,000/- (Rs. 5 lacs)1.25%

    ICICI Direct NRI Brokerage plan is for those people who live abroad but trade in Indian securities. As per this plan, the brokerage fee is decided based on the transaction volume or total eligible turnover per month.

    As you can see in the table given above, the brokerage is lowest for higher amounts like Rs. 50 lakhs of trades in a month, you have to pay just 0.5% of the transaction amount while if you trade up to Rs. 5 lakhs in a month, then the brokerage fee will be 1.25%.

    ICICI Direct NRI PRIME Brokerage

    Prime Plan (Rs)Total Amount with GST (Rs)Scheme Validity (Days)Delivery Brokerage Rates (%)Prime brokerage on Futures (%)Prime Brokerage on Options (Per lot)eATM Limit
    199923593650.50.0355050 Lac
    399947193650.350.03401 Cr
    799994393650.30.025301 Cr
    11999141593650.20.02251 Cr

    ICICI’s direct NRI Prime brokerage Plan is similar to the PRIME brokerage plan mentioned above. However, the prime schemes start from Rs. 1999 and there are four types of the scheme as given in the table below.

    The scheme validity is for 365 days for all the schemes under this plan. Under this plan, the brokerage fee for delivery trades ranges from 0.2% to 0.5% while the brokerage on futures varies from 0.02% to 0.035%.

    The brokerage on option trading is usually a flat fee which ranges from Rs. 25 per lot to Rs. 50 per lot.

    ICICI Direct NRI Prepaid Brokerage

    Prepaid Plan (Rs)GST (Rs)Total (Rs)Cash BrokerageFutures (%)Options per Lot (Rs)eATM Limit
    100001800118000.75%0.046010 Lac
    500009000590000.50%0.0355050 Lac
    100000180001180000.35%0.03401 Cr
    200000360002360000.30%0.025301 Cr
    300000540003540000.20%0.02251 Cr

    ICICI NRI Prepaid plan is also similar to the general Prepaid plan offered by ICICI Direct. The minimum amount that an NRI can deposit to opt for this plan is Rs. 10000 while it can go up to Rs. 3 lakhs even.

    The brokerage in the intraday segment varies from 0.2% to 0.75% while for the futures, it is 0.02% to 0.04% and for options, it starts from Rs. 25 per lot and goes up to Rs. 60 per lot. As you buy the plan for a higher amount, your brokerage rates will decrease.


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    ICICI Direct Account Opening Charges

    This table provides you information of account opening charges levied by ICICI direct:

    Account Opening Charges
    Trading Charges [One Time]Rs 0 (Free)
    Trading AMC [Yearly]Rs 0 (Free)
    Demat Charges [One Time]Rs 0 (Free)
    Demat AMC [Yearly]Rs 300 (from 2nd year)
    Margin MoneyNot required

    There are no account opening charges associated with ICICI Direct. You can open the account online without paying any account opening costs.

    There are also no annual maintenance charges on the trading account however, it is levied on the Demat account.

    A nominal fee of Rs. 300 from the second year of opening the account is levied for annual maintenance of the Demat account of the account holder. There is even no requirement for Margin money with ICICI Direct.

    Compute your brokerage charges and fees with our ICICI Direct Brokerage calculator in detail.


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    ICICI Direct Transaction Charges

    Get detailed about the ICICI transaction charges:

    Transaction Charges
    Equity DeliveryNSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)
    Equity IntradayNSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)
    Equity FuturesRs 180 per Cr (0.0018%)
    Equity OptionRs 5000 per Cr (0.05%) (on premium)
    Currency FuturesRs 120 per Cr (0.0012%)
    Currency OptionRs 5000 per Cr (0.05%) (on premium)
    Commodity FuturesGroup A – Rs 260 per Cr (0.0026%)
    Commodity OptionGroup A – Rs 260 per Cr (0.0026%)

    The transaction charges of any stock market trade are as important as brokerage charges. This is because transaction charges increase the cost of investment and thus diminish the return.

    Transaction charges are decided as per the asset’s segment. So, as you can refer to the table above, for equity intraday and equity delivery, the transaction charges on NSE are Rs. 310 per 1 crore of transaction and if you are trading on the BSE platform, then it is Rs. 280 per crore.

    However, the fee is charged on both sides of the trade. Similarly, for equity futures, it is Rs. 180 per crore. For commodity futures and options, it is Rs. 260 per crore and Rs. 120 per crore for currency futures, and Rs. 5000 per crore for currency options.


    ICICI Direct Other Charges

    Find below ICICI direct other charges:

    SegmentOther Charges
    Reactivation ChargesRs 75 per instruction
    Account Closure ChargesNIL
    Dematerialisation ChargesRs 50
    Pledge CreationIf, ICICI Bank is counterpartY – 0.02% (Minimum Rs 35 and Maximum Rs 25,000)
    Pledge InvocationIf, ICICI Bank is not counterparty – 0.04% (Minimum Rs 45 and Maximum Rs 25,000)
    Margin Pledge/Unpledge/ Pledge closureRs. 15.5 per scrip
    Margin RepledgeRs. 13.5 + Rs. 13.5 (Rs. 27 per scrip)
    BROKERAGE IN OPTIONS & OPTION PLUS
    Flat brokerage per contract lot ()95/-
    Flat Brokerage on the Second leg of Intraday square off ( per lot)Rs  50/-
    CTT0.01% on turnover (On the Sell side)
    NSDL CHARGES
    NSDL charges are chargeable extra on actuals. Present NSDL charges are :
    Sell – Market and Off-Market (W.e.f. 01.01.2008)5/- per debit instruction (nil for commercial paper and short-term debt instruments)
    Rematerialisation (W.e.f. 01.11.2006)A fee of 10/- for every hundred securities or part thereof; or a flat fee of 10/- per certificate, whichever is higher
    Pledge Creation25/- per instruction

    The other charges include reactivation of account and dematerialization of physical share certificates for which you have to pay Rs. 50. Then there is pledge creation, pledge invocation, and others.

    Furthermore, there is brokerage in options and option plus and NSDL charges as well.


    Additional ICICI Direct Other Charges

    BROKERAGE IN NCDS / BONDS Amount
    AmountBelow 5 YrsTenure * Below 5 Yrs
    Less than or Equal to 1 Cr0.75%1.00%
    More than 1 Cr, Less than 5 Cr0.50%0.75%
    5 Cr and above0.50%0.50%
    DEMAT ACCOUNT FEE SCHEDULE FOR NON RESIDENT INDIANS (WITH EFFECT FROM JUNE 01, 2005)
    Fee HeadFor Domestic Communication AddressFor Foreign Communication Address
    A/c opening ChargesNilNil
    First Year AMCNilNil
    Annual Service Charges (payable at the time of account opening and thereafter every year in the month in which the account was opened) (waived off for all ICICI Direct.com Customers for the first year in which they open the account) 700/- 700/- ( 1150/- for customer receiving statements by e-mail)
    Agreement Stamp Paper (included in the ICICI Direct.com a/c opening charges)NilAs per respective State Act
    Buy – Market and Off-Market (% of transaction value of each ISIN) – Max. 500 for debt instrumentsNil for Trades done on www.icicidirect.comNil for Trades done on www.icicidirect.com
    Sell – Market and Off-Market (% of transaction value of each ISIN) – Max. 500 for debt instruments- Instruction submitted through Internet (E-inst / IVR)- Instruction submitted through Call Centre- Instruction submitted at BranchesNil for Trades done on www.icicidirect.com0.04% (Min. 30) & Max 25,000/-0.04% (Min. 35) & Max 25,000/-0.04% (Min. 40) & Max 25,000/-Nil for Trades done on www.icicidirect.com0.04% (Min. 10) & Max 25,000/-0.04% (Min. 15) & Max 25,000/-0.04% (Min. 30) & Max 25,000/-
    Rejections/Fails 30/- 30/-
    Extra charges for processing of TIFDs submitted late (% of transaction value)- Instruction submitted through Internet (E-inst / IVR)- Instruction submitted through Call Centre- Instruction submitted at BranchesNil for e-instructionsNilNil 10/- per ISINNil for e-instructionsNilNil 10/- per ISIN
    DematerialisationFor ICICI Bank ShareFor each request formExtra for each certificate Nil 50/- 3/- Nil 35/- 2/-
    RematerialisationA fee of 25/- for every hundred securities or part thereof subject to maximum fee of 3,00,000/-; or a flat fee of 25/- per certificate, whichever is higher 20/-
    Reconversion on MF Units 25/- 25/- per instruction
    Closure of AccountNilNil
    Pledge Creation/Closure/Confirmation/ Invocation (% of value for each ISIN in each request)- If, ICICI Bank is counter party- If, ICICI Bank is not counter party 0.02% (Min. 35/-) & Max 25,000/-0.04% (Min. 40/-) & Max 25,000/- 0.02% (Min. 15/-) & Max 25,000/-0.04% (Min. 30/-) & Max 25,000/-
    Postal Charges for security items, Additional Booklets, Security Certificates etc 20/- 350/-

    The other charges of ICICI Direct include brokerage for Bonds and NCDs. The amount varies as per the amount of deposit/ investments.

    For instance, for an amount less than equal to Rs. 1 crore, the applicable brokerage fee is 0.75% and it decreases as the number of investments increases.

    Then there are other charges like account service charges, dematerialization of shares, Rematerialization, reconversion of mutual fund units, and others.


    ICICI Direct Regulatory & Government Charges

    SegmentsCharges
    SEBI Turnover Charges0.0001% (₹10/Crore)
    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
    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)
    GST18% on (Brokerage + Transaction Charge + SEBI Fee)

    The regulatory and government charges of ICICI Direct include the SEBI turnover charges of 0.0001% of Rs. 10 per crores. Then the STT varies as per the segment you are trading.

    The charges according to the different segments have been given in the above table. Then there is a stamp duty which also varies as per segment you are trading. It ranged from 0.002%  to 0.015%.


    ICICI Direct Brokerage Charges – Conclusion

    ICICI Direct charges such brokerage fees which are reasonable for most investors especially those who are active investors.

    There are so many different brokerage plans that investors and traders can choose the one that suits them the best. There are plans for NRIs as well which most brokerage houses don’t offer.

    They have also disclosed all the other charges, statutory charges so that there is complete transparency.


    ICICI Direct Brokerage Charges FAQ

    Here is the list of FAQs related to the ICICI Direct brokerage charges:

    Does ICICI Direct Charge Brokerage?

    Yes, as stockbrokers have the right to charge a fee for the services they provide, ICICI Direct also levies a charge on its clients, referred to as brokerage. The charge is however not constant for all the segments and ranges. Since this broker is a full-service broker, it levies a high brokerage charge.

    What are ICICI Direct Brokerage Charges?

    ICICI Direct provides trading and investment services in a lot of domains, i.e. financial instruments. The brokerage pattern is dependent on the plan you choose, where the broker provides 6 different plans. The most popular of all plans is the NEO Plan.

    What is the Intraday Brokerage of ICICI Direct?

    To encourage investors to try their hands at intraday trading, this stockbroker charges fewer brokerage for the domain of intraday. The charge is lesser in comparison with delivery trading. Brokerage for the Intraday segment ranges as per the plan you choose.

    What Other Charges were levied by ICICI Direct?

    As we all know, the first charge is the brokerage. Then, the broker also levies account-related charges i.e. account opening as well as AMC. Furthermore, there are other charges subject to the specific service that you avail of, such as account closure or re-opening. The final set of charges is related to the government.

    Is ICICI Direct a discount broker?

    No, ICICI Direct is not a discount broker and carries out stockbroking activities in a full-fledged manner with the establishment of subunits. They are also involved in the research services and provide an end to end financial assistance to their clients. They have a huge hub of sub-brokers established across the country.

    Does ICICI Direct have Free Delivery?

    Unfortunately, free brokerage for delivery trading is not a part of the vast range of offers ICICI Direct provides. It charges the highest rate for equity delivery, and if you are their client, you are obligated to pay the same. The charge for equity delivery, as set by the company is based on plans chosen.

    How much does ICICI Direct Charge for Options?

    Investors are shifting towards options and if you choose the same, you have to pay a charge of brokerage on the chosen plan basis

    What are ICICI Direct Transaction Charges?

    ICICI Direct Transaction charges are as follows –

    1. For equity delivery, the charges are –
      • NSE Rs 310 per Cr (0.0031%) (each side)
      • BSE Rs 280 per Cr (0.0028%) (each side)
    2. For equity intraday –
      • NSE Rs 310 per Cr (0.0031%) (each side)
      • BSE Rs 280 per Cr (0.0028%) (each side)
    3. For equity futures it is Rs 180 per Cr (0.0018%)
    4. For equity options it is Rs 5000 per Cr (0.05%) (on premium)
    5. Currency futures – Rs 120 per Cr (0.0012%)
    6. Currency options – Rs 5000 per Cr (0.05%) (on premium)
    7. Commodity futures – Group A – Rs 260 per Cr (0.0026%)
    8. Commodity options – Group A – Rs 260 per Cr (0.0026%)

    What is the Demat AMC in ICICI Direct?

    From the second year after account opening, there is a nominal AMC of Rs. 300 per year on Demat account.

    Is ICICI Direct Brokerage Free?

    No, there are different brokerage plans under which certain segments may have very nominal fees but it is not free at all.

    Are there any charges for ICICI Direct account?

    There are no account opening charges for trading and Demat account of ICICI Direct. You can open the accounts online and start trading. However, there is AMC on the Demat account which needs to be paid yearly.

    What are the brokerage charges of ICICI Direct?

    The brokerage charges of ICICI Direct vary from one plan to the other. There are seven different plans and accordingly, the brokerage charges are there. For certain segments in some of the plans, there are flat fees, while there are percentages of total transacted value as brokerage too.

    Is ICICI Direct free?

    No, ICICI Direct is not a free brokerage house. You have to pay brokerage charges, statutory charges, transaction charges, and certain other charges for trading on ICICI Direct platform.

    What kind of orders can I place with ICICI Direct?

    The types of orders that you can place with ICICI Direct include –

    • Market order
    • Limit order
    • Cover order
    • Bracket order

    How to log in to ICICI Direct?

    You can visit their website, and there is a Login option on the right-hand corner of the page. You can click on that. Then you have to enter your user id and password and there you go.

    What is ICICI Direct login id?

    The login Id for ICICI direct account is the username and password of your trading account. You will receive the same upon opening an account with the brokerage house. You can log in and also change the password if you want to.

    What is cash buy-in ICICIDirect?

    Cash buy-in ICICI Direct refers to the trade where the trader completely funds the trade and there is no margin trading. So, the trader pays the entire amount for the transaction in one go without any margin trading. 

    How to get capital gain statements from ICICI Direct?

    • You can visit the website of ICICI Direct and log in to your account.
    • Then you need to click on the ‘Trade and Invest’ which you can find in the navigation bar
    • Then you have to select the ‘ Portfolio & statement’ which will lead to ‘ Statements & Reports’, click on the same
    • Click on the ‘ Capital Gain’ tab
    • Choose the segment for which you need the statement
    • Click on download.

    What are ICICI Direct charges?

    The charges that this brokerage house levy includes brokerage charges, transaction fee, statutory fees as per government norms, and other charges like dematerialization fees, dematerialization fees, and others.

    What are brokerage charges for BTST in ICICIDirect?

    For BTST trades, ICICI Direct charges the equity delivery trade’s brokerage charges. So, according to the plan you have selected, the brokerage will vary. For example, if you have chosen the I-secure plan then for BTST trades, you will be paying a 0.55% brokerage fee.


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