ICICI Direct Vs Zerodha: A Detailed Comparison
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ICICI Direct vs Zerodha: in this world of online trading selecting the best brokerage firm is very crucial and maximize your best returns of your investment. Each Platform is Unique and each provide different facilities to customers. making the best choice between them a matter of careful consideration.
in this Article we completely cover this full Analysis about which is better between ICICI Direct and Zerodha which one is better. Each Platform has different facilities and different Charges on his platform. making the choice between them its a challenging task and it is a matter of careful consideration.
About: ICICI Direct vs Zerodha
ICICI Direct Market App
ICICI Direct, is a very prominent retail stockbrocker in india and it is a part of ICICI group. it offers online Trading and Investment services with over 50 Lakh Customers. in this services including Mutual Funds & Fixed Deposits, Ncd, Wealth, Bond,Products, Home Loans against securities, equity,commodity, and currency trading at BSE & NSE etc.
Zerodha App
Zerodha have 3 apps ( Zerodha coin, Zerodha Varasity, Zerodha kite ), Zerodha kite is a trading App and you can trade from Anywhere, Zerodha coin is Designed for online mutual Funds, Zerodha varasity provide stock market Details and Explanations.
| Number of Active Users | 66 Lakh |
| Member of Stocks Exchanges | NSE, BSE, MCX |
| Trading Market Share At BSE & NSE | over 19% of retail trading |
| Depository Participant of | CDSL |
ICICI DIrect vs Zerodha App overview
| Discription | ICICI Direct Market App | Zeodha App |
| Type of Broker | Full Service Broker | Discount Broker |
| Year of Incorporation | 2000 | 2010 |
| CEO | Vijay Chandok | Nithin Kamath |
| Market Cap | ₹81,539.04 crore | ₹1.5 trillion (US$18.5 billion) |
| Exchange Membership | NSE, BSE | BSE, NSE, NCDEX, MCX |
| Website | icicidirect.com | zerodha.com |
ICICI Direct vs Zerodha: Trading Features
| Trading Features | ICICI Direct | Zerodha |
| Wishlist | Yes | Yes |
| Real Time Update | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Global Indices | Yes | NO |
| Research Reports | Yes | NO |
| Cusomised Recommendations | Yes | NO |
| Stock Price | Yes | No |
Brokerage charges – Compare ICICI Direct with Zerodha
| Brokerage charges Compare | ICICI Direct | Zerodha |
| Plan Name | NEO Flat Discount Brokerage Plan | Max Rs 20 Per order Trading Plan |
| Equity Intraday | Flat Rs. 20 Per order | 0.03% of Rs 20 Whichever is Lower |
| Equity Delivery | 0.55% | Free |
| Equity Futures | Free (Rs. 0 brokerage) | 0.03%or Rs 20 whichever is lower |
| Equity options | Free Rs. 20 per order | Flat Fee Rs. 20 |
| Currency options | Flat Rs. 20 per order | Flat Fee Rs. 20 |
| Currency Futures | Flat Rs. 20 per order | 0.03%or Rs 20 whichever is lower |
| Commodity Trading | Flat Rs. 20 per order | Flat Fee Rs. 20 |
| Funding | Yes – 18% interest P.A | Info Not Available |
| Hidden Charges | Yes | No |
| Minimum Brokerage | Rs. 35 per trade | NIL |
| Call & Trade Charges | First 20 Call free and Rs. 25 there onwards. | Rs. 50 per Executive Order |
| Auto Square off Charges | First 20 call free and Rs. 25 there onwards | Rs. 50 per Executive Order |
| Brokerage Calculator | Brokerage Calculator for ICICI Direct | Brokerage Calculator for Zerodha |
Transaction Charges:
| Charges | ICICI Direct | Zerodha |
| Equity Delivery NSE | 0.00345% | 0.00325% |
| Equity Delivery BSE | 0.003% | 0.00375% |
| Equity Intraday NSE | 0.00345% | 0.00325% |
| Equity Intraday BSE | 0.003% | 0.00375% (Sell side) |
| Equity Futures | 0.002% | 0.0019% |
| Equity options | 0.053% (on Premium) | 0.0625% (on Premium) |
| Currency futures NSE | 0.0009% | 0.0009% |
| Currency Futures BSE | 0.00022% | 0.00025% |
| Currency options NSE | 0.035% (on Premium) | 0.035% (on Premium) |
| Currency options BSE | 0.001% (on Premium) | 0.001% (on Premium) |
| Commodity Group A | 0.0026% | 0.0026$ |
ICICI Direct vs Zerodha App: Pros & Cons
ICICI Direct App Pros
- ICICI Direct is subsidiary of the well Established ICICI Group, offering a sense of Security and stability.
- ICICI Direct’s trading Platform is considerable user-friendly and stable.
- it is provide 3 in 1 account for easy stock Trading & Investment.
- Direct Mutual Fund Investment.
- wide range of investment options.
- Free Equity Delivery trades.
- NRI trading Account
- Flat Rs 20 per trade brokerage for all other segments.
Zerodha Trading App Pros
- Flat Rs 20 per trade brokerage for all other segments.
- Free Equity Delivery trades.
- NRI trading Account.
- Direct Mutual Fund Investment.
- Good Till triggered (GTT) orders.
ICICI Direct App Cons
- Demat Account Mandatory
- Call & trade coasts extra Rs 50 Per trade.
- No stocks tips, research or recommendations.
- Poor Website Performance during peak trading hours.
- Highest brokerage in comparison to most Retail brokers.
Zerodha App Cons
- No margin funding
- No Monthly unlimited trading Plans.
- No 3-in-in Account.
- No AC Free Demat Account.
F&Q’s
