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Fyers vs ICICI Direct (Compare Fyers and ICICI Direct)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Fyers vs ICICI Direct, Below comparison of Fyers vs ICICI Direct highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Fyers vs ICICI Direct is given below:

Fyers

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ICICI Direct

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	Fyers	ICICI Direct

About The Brokers	Fyers : "FYERS is the revolutionary name in the stockbroker industry who has bought crisp technology and smooth trading platform along with the concept of thematic investment" >>> more	ICICI Direct : "ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur >>> more
Find More Information about the Broker :	Fyers : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Fyers : Discount Broker	ICICI Direct : Full Service Broker
Promo/offers	Fyers : Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.	ICICI Direct : Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
Advantage	Fyers : Rs. 20 flat-fee trades. Brokerage free Investment in Mutual funds Brokerage free Equity delivery Trade High Performance Trading platforms Free Demat & Trading account for Life, Fyers do not charge trading and demat account opening fees & AMC. They provide unique portfolio investment for new entrants in the market called thematic investing at 100 per theme. (Buying at Free of cost , ₹100 or 2% (Whichever is lower) on Sell/Exit, Re-balance, Modify No Hidden Charges , Fyers is very transparent on charges All trading software are available for free of cost Possibility of earning via referral, earn 20% of the revenues generated by your friends, for life Trade profitably for 30 days & get your brokerage refunded.	ICICI Direct : 3-in-1 online trading account. Security of your investment & money 24/7 customer service. Easy-to-use website. Innovative offerings like - Margin, MarginPlus, BTST, SPOT. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Own DP services Award winning research services Instant payout for your stocks sold (eATM) By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !
Disadvantage	Fyers : No team of experts for market research. Rs. 50 Admin square-off Charges Call & Trade services at Rs 50 per executed order	ICICI Direct : Very High delivery brokerage. Not a good fit for small and penny stock traders. Charges for trading terminal usage. High Minimum Brokerage Charges.
Why This	Fyers : They Charge Flat brokerage of ₹20/- per executed order. Brokerage free Equity delivery Trade & Mutual Fund Investment. No proprietary trading. Pure brokerage firm. The distinguishing feature of Fyers- "Thematic investing". Technological advance online trading platforms are provided to its customers. They have customer support above average, and referral programmes are also worth investing your valuable time. Provide various researching tools like Margin, Brokerage, brokerage comparison calculator, option strategy. Trade profitably for 30 days & get your brokerage refunded. Trade from charts, get the most popular technical indicators, drawing tools, multiple charts and many other functions. Maximum Historical data- Get 24+ years of historical EOD & 4+ years of historical intraday charts with 100+ technical indicators. IPOs and FPOs through UPI payments.	ICICI Direct : A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade. Largest Equity E-Broking House with >40 Lac customers. Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance. Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Award Winning Research
	Open Account	Open Account

Fyers vs ICICI Direct Account Opening & AMC Charges

Fyers Trading Account Opening Fee is Rs 0 (Free) and ICICI Direct Trading Account Opening Fee is Rs 0 (Free) . Fyers Demat Account AMC is Rs 0 (Free) and ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) .

	Fyers	ICICI Direct
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 0 (Free)	Demat Account AMC : Rs 300 (from 2nd year)
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Fyers vs ICICI Direct Brokerage Charges

Fyers Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order . ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

	Fyers	ICICI Direct
Plan Name	Plan Name : Fyers	Plan Name : I-Secure Plan	Plan Name : ICICIDirect Neo Plan
Equity Delivery	Equity Delivery : Rs 0 (Free)	Equity Delivery : 0.55%	Equity Delivery : 0.55%
Equity Intraday	Equity Intraday : Rs 20 per executed order or .03% whichever is lower	Equity Intraday : Rs 20 per order	Equity Intraday : 0.275%
Equity Future	Equity Future : Rs 20 per executed order or .03% whichever is lower	Equity Future : Rs 0 (Free)	Equity Future : 0.05%
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 20 per order	Equity Options : Rs 95 per lot
Currency Futures	Currency Futures : Rs 20 per executed order or .03% whichever is lower	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 20 per executed order	Currency Options : Rs 20 per order	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : 0.05% - 0.03%	Margin Trading : 0.05% - 0.03%
Commodity Futures	Commodity Futures : Rs 20 per executed order or .03% whichever is lower	Commodity Futures : Rs 20 per order	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : Rs 20 per executed order	Commodity Options : Rs 20 per order	Commodity Options : Rs 20 per order
	Open Account	Open Account

Fyers vs ICICI Direct Exchange Transaction Charges

Fyers Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) (on premium) . ICICI Direct Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	Fyers	ICICI Direct
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 3500 per Cr (0.035%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : NA	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

Fyers vs ICICI Direct Other Charges

Fyers Minimum Brokerage is Intra-day: Rs 7 or 2.5% whichever is lower and Call & Trade is Rs 20 per trade . ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade .

	Fyers	ICICI Direct
Minimum Brokerage	Minimum Brokerage : Intra-day: Rs 7 or 2.5% whichever is lower	Minimum Brokerage : Rs 35 per trade (I-Secure Plan)
Call & Trade	Call & Trade : Rs 20 per trade	Call & Trade : Rs 50 per trade
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹7 + ₹5.5 (CDSL Charges)	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)	Other Miscellaneous Charges : Margin Trading Interest: 0.025% Per day
	Open Account	Open Account

Fyers vs ICICI Direct Features

Fyers and ICICI Direct both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Fyers	ICICI Direct
Trading Platform	Trading Platform : Fyers One (In-house build)	Trading Platform : ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : -
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : -
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Offer 3-in-1 Account. Support in local ICICI Bank branches. Trusted brand.
Referral Program	Referral Program : 1	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Fyers vs ICICI Direct Demat Account Charges

A comparative table of various demat account charges between Fyers and ICICI Direct is below:

	Fyers	ICICI Direct
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : NSDL
Account Opening Fee	Account Opening Fee : â‚¹0	Account Opening Fee : Stamp Duty at actuals
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : â‚¹0 for ICICI Bank customers. â‚¹7500 for Non ICICI BANK customers.
AMC	AMC : â‚¹0	AMC : For Individual account: â‚¹700 p.a. For Corporate account: â‚¹1500 p.a.
Dematerialisation Charges	Dematerialisation Charges : â‚¹0	Dematerialisation Charges : â‚¹50 Per Demat Request Form and â‚¹10 For Each Certificates
Rematerialisation Charges	Rematerialisation Charges : â‚¹0	Rematerialisation Charges : â‚¹25 + CDSL charges at actual
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹7 + â‚¹5.50 flat for every debit transaction	Transaction Charges (debit) : For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum â‚¹30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum â‚¹30 & maximum â‚¹25,000 )
Pledge Creation Charges	Pledge Creation Charges : â‚¹0	Pledge Creation Charges : 0.02% or minimum of â‚¹35
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : â‚¹0	Pledge Creation Confirmation Charges : 0.02% or minimum of â‚¹35
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹0	Pledge Invocation Charges : 0.02% or minimum of â‚¹35
Failed Instruction Charges	Failed Instruction Charges : â‚¹0	Failed Instruction Charges : -
Other Charges	Other Charges : Adhoc / Non Periodic Statement Requests: â‚¹0 + courier charges at actuals,Conversion of MF Units / Destatementisation: â‚¹100 per certificate, Modification in Client Master List (CML): â‚¹50,Modification in KRA: â‚¹50,Stamp Charges: â‚¹50	Other Charges : â‚¹200 for restoring services if account is suspended for non payment of charges.
	Open Account	Open Account

Fyers vs ICICI Direct Basic Details

Fyers Year of Incorporation is 2015 and Total Number of Clients is 219169 and . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1869925 and Total Number of Branches is 154 .

	Fyers	ICICI Direct
Year of Incorporation	Year of Incorporation : 2015	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : -
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : http://fyers.in/	Website : -
Contact Details	Contact Details : 080-46251111	Contact Details : -
Total Number of Clients	Total Number of Clients : 219,169	Total Number of Clients : 1,869,925
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 154
Products *	Products : -	Products : -
	Open Account	Open Account

Fyers vs ICICI Direct Orders

Orders

	Fyers	ICICI Direct
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : No
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

Fyers vs ICICI Direct Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Fyers	ICICI Direct
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : -
Comparison *	Comparison : No	Comparison : -
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : No	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : -
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes
	Open Account	Open Account

Fyers vs ICICI Direct Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Fyers	ICICI Direct
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.10,000	Investment required for Franchisee / AP : -
	Open Account	Open Account

Fyers vs ICICI Direct Product & Services

Fyers and ICICI Direct both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Fyers	ICICI Direct
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : No	Margin Trading : Yes
Call N Trade *	Call N Trade : Yes	Call N Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -
Limit Order *	Limit Order : Yes	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : No	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : No	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : -
Market Trading *	Market Trading : Yes	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : -
	Open Account	Open Account

Fyers vs ICICI Direct Customer Services

Fyers and ICICI Direct both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Fyers	ICICI Direct
Toll Free Number *	Toll Free Number : No	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : No	Branch Offices : -
Customer Care *	Customer Care : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -
	Open Account	Open Account

Fyers vs ICICI Direct Other Investement

Fyers and ICICI Direct both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Fyers	ICICI Direct
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : No	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -
	Open Account	Open Account

Fyers vs ICICI Direct Trading Platform

Fyers and ICICI Direct both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Fyers	ICICI Direct
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : Yes	I-Pad App : -
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -
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	Open Account	Open Account