ICICI Direct vs Zerodha (Compare ICICI Direct vs Zerodha)

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 ICICI Direct vs Zerodha, Below comparison of ICICI Direct vs Zerodha 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.

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

ICICI Direct

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Zerodha

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	ICICI Direct	Zerodha

About The Brokers	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	Zerodha : Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more
Find More Information about the Broker :	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Zerodha : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	ICICI Direct : Full Service Broker	Zerodha : Discount Broker
Promo/offers	ICICI Direct : Special Offer: Free Futures Trading + Intraday Trading charges at Flat ₹20 + Commodity & Currency Derivative at Flat ₹20. Get the offer	Zerodha : Special Offer: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer Special Offers: Brokerage free equity delivery trading + Flat ₹20 Intra-day and F&O trades. Get the offer
Advantage	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 !	Zerodha : No Brokerage on Equity delivery & Mutual Fund. Flat rate for stock trading. Own DP services. Strong Customer service . Good Brokerage & Margin Calculator. Offers up to 20x leverage on intraday trading. Offers most advanced online trading tools. Offers facility to apply on-line IPO . Zerodha offers referral program to its customers.
Disadvantage	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.	Zerodha : No margin funding. Very High charges on Call and Trade @ ₹50 per call. Charges on Funds Transfer @ ₹9 per fund transfer. Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer. Doesn't provide stock tips, research reports or recommendations. Doesn't offer Unlimited Trading Plans.
Why This	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	Zerodha : Zerodha Charge flat rate of ₹20 per executed order. Zerodha does not charge any brokerage on Equity delivery transactions. Zerodha provides platform to invest in mutual funds. Innovative trading platform. No upfront fee, no minimum brokerage and no minimum contract charges. The largest stockbroker by active clients, market volume. Zero brokerage Direct Mutual Funds. Offers up to 20x leverage on intraday trading.

ICICI Direct vs Zerodha Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is ₹975 and Zerodha Trading Account Opening Fee is ₹200 . ICICI Direct Demat Account AMC is ₹700 and Zerodha Demat Account AMC is ₹300 .

	ICICI Direct	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : ₹975	Trading Account Opening Fee : ₹200
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹700	Demat Account AMC : ₹300
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

ICICI Direct vs Zerodha Brokerage Charges

ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is ₹95 to ₹35 per lot . Zerodha Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is ₹20 per executed order or .03% whichever is lower and Equity Options is ₹20 per executed order .

	ICICI Direct	Zerodha
Plan Name	Plan Name : I-Saver Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : 0.55%	Equity Delivery : ₹0 (Free)
Equity Intraday	Equity Intraday : 0.275%	Equity Intraday : ₹20 per executed order or .03% whichever is lower
Equity Future	Equity Future : 0.05% to 0.03%	Equity Future : ₹20 per executed order or .03% whichever is lower
Equity Options	Equity Options : ₹95 to ₹35 per lot	Equity Options : ₹20 per executed order
Currency Futures	Currency Futures : 0.050% to 0.030%	Currency Futures : ₹20 per executed order or .03% whichever is lower
Currency Options	Currency Options : ₹25 to ₹10 per lot	Currency Options : ₹20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : -	Monthly Fee : NO
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading : NO
Commodity Futures	Commodity Futures : NA	Commodity Futures : ₹20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : NA	Commodity Options : ₹20 per executed order or .03% whichever is lower

ICICI Direct vs Zerodha Transaction Charges (Per Crore)

ICICI Direct Transaction Charges (Per Crore) Equity Future is ₹180 per Cr (0.0018%) and Equity Options is ₹5000 per Cr (0.05%) (on premium) . Zerodha Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) and Equity Options is NSE ₹5000 per Cr (0.05%) (on premium) .

	ICICI Direct	Zerodha
Equity Delivery	Equity Delivery : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday	Equity Intraday : NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)
Equity Future *	Equity Future : ₹180 per Cr (0.0018%)	Equity Future : NSE ₹190 per Cr (0.0019%)
Equity Options *	Equity Options : ₹5000 per Cr (0.05%) (on premium)	Equity Options : NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : ₹120 per Cr (0.0012%)	Currency Futures : NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)
Currency Options	Currency Options : ₹5000 per Cr (0.05%) (on premium)	Currency Options : NSE ₹3500 per Cr (0.035%) \| BSE ₹100 per Cr (0.001%) (on premium)
Commodity	Commodity : NA	Commodity : Group A - ₹260 per Cr (0.0026%)

ICICI Direct vs Zerodha Other Charges

ICICI Direct Minimum Brokerage is ₹35 per trade and Call & Trade is ₹25 per call after first 20 free calls per month . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is ₹50 per executed order .

	ICICI Direct	Zerodha
Minimum Brokerage	Minimum Brokerage : ₹35 per trade	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : ₹25 per call after first 20 free calls per month	Call & Trade : ₹50 per executed order
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (Min ₹25 and Max ₹25,000)	DP Charges (on sell side) : ₹13.5 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS

ICICI Direct vs Zerodha Features

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

	ICICI Direct	Zerodha
Trading Platform	Trading Platform : Trade Racer Web, Desktop, ICICI Direct Mobile App	Trading Platform : Pi, Kite, NEST
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 1	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : Direct MFs, APIs
Referral Program	Referral Program : -	Referral Program : Yes
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

ICICI Direct vs Zerodha Demat Account Charges

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

	ICICI Direct	Zerodha
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹975	Account Opening Fee : ₹200
Advance Deposit	Advance Deposit : ₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers.	Advance Deposit : Nil
AMC	AMC : ₹0	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : ₹50 Per Demat Request Form and ₹3 For Each Certificates	Dematerialisation Charges : ₹150 per certificate (+ ₹100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : ₹25 + CDSL charges at actual	Rematerialisation Charges : ₹150 per certificate + CDSL charges + ₹100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹0 for trader on ICICIDirect.com	Transaction Charges (debit) : ₹8 + ₹5.5 (CDSL charges)
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of ₹50	Pledge Creation Charges : ₹20 + ₹12 per request (CDSL charges)
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Invocation Charges : ₹20
Failed Instruction Charges	Failed Instruction Charges : ₹30	Failed Instruction Charges : ₹50 per instruction
Other Charges	Other Charges : 1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address. 2. ₹200 for restoring services if account is suspended for non payment of charges.	Other Charges : Cheque Bounce- ₹350 Physical Statement - ₹50 (Courier charges) Modification in CML - ₹25 per request KRA Upload / Download - ₹50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

ICICI Direct vs Zerodha Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1580233 and Total Number of Branches is 154 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 3602074 and Total Number of Branches is 22 .

	ICICI Direct	Zerodha
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 2010
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : NSE, BSE, MCX and NCDEX
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : http://www.icicidirect.com	Website : https://zerodha.com
Contact Details	Contact Details : 020-28307700	Contact Details : 080-40402020
Total Number of Clients	Total Number of Clients : 1580233	Total Number of Clients : 3602074
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : 22
Products *	Products : investment banking, institutional broking, retail broking, private wealth management, and financial product distribution	Products : Kite Web, Kite Mobile for Android/iOS and Coin

ICICI Direct vs Zerodha Charts and Data

ICICI Direct and Zerodha both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	ICICI Direct	Zerodha
Live data source	Live data source : NSE, BSE	Live data source : Yes
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 82	No.of indicators : 111
No.of charts can be opened	No.of charts can be opened : 6	No.of charts can be opened : 13
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : Yes
Trading from charts	Trading from charts : No	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : No
Options charts	Options charts : Yes	Options charts : Yes
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : Yes
Intraday historical data for charts	Intraday historical data for charts : 20 days	Intraday historical data for charts : 365 days on Pi
End of Day historical data for charts	End of Day historical data for charts : 10 years	End of Day historical data for charts : 10 years on Pi
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : No
Back Testing	Back Testing : No	Back Testing : No
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : Yes	Analytics : Yes
Price Ladder	Price Ladder : No	Price Ladder : No

ICICI Direct vs Zerodha Leverage

Leverage

	ICICI Direct	Zerodha
Equity Delivery	Equity Delivery : 5x with Interest	Equity Delivery : 1x (no margin)
Equity Intraday	Equity Intraday : Upto 25x	Equity Intraday : Up to 20x (based on the stock)
Equity Futures	Equity Futures : 4x	Equity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Equity Options : 2x for shorting	Equity Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Currency Futures : NA	Currency Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Currency Options : NA	Currency Options : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Commodity Futures : NA	Commodity Futures : Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options	Commodity Options : -	Commodity Options : -

ICICI Direct vs Zerodha Orders

Orders

	ICICI Direct	Zerodha
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) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
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) : Yes	Good Till Cancelled (GTC) : Yes

ICICI Direct vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

ICICI Direct vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	ICICI Direct	Zerodha
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.25,000 to Rs.2,00,000	Investment required for Franchisee / AP : Rs.11,000

ICICI Direct vs Zerodha Product & Services

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

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

ICICI Direct vs Zerodha Customer Services

ICICI Direct and Zerodha 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:

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

ICICI Direct vs Zerodha Other Investement

ICICI Direct and Zerodha 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:

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

ICICI Direct vs Zerodha Trading PlatForm

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

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

ICICI Direct vs Zerodha Company Information

	ICICI Direct	Zerodha
Financials *	Financials : Yes	Financials : No
News *	News : -	News : -
Company Analysis *	Company Analysis : Yes	Company Analysis : No
Contact Now	Enquire Now	Enquire Now