The brokerage of ICICIDirect Max 0.05 to .55% per trade while the brokerage of Fyers ranges between Rs 20. ICICIDirect is a Full Service Broker where Fyers is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.
Here we present side-by-side comparison of ICICIDirect vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ICICIDirect vs Fyers's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE||NSE|
|Broker Overview||ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove...||Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.|
In this section we have compared ICICIDirect with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA (Waived for 1st year)||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare ICICIDirect with Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect provide Multiple Plans where Fyers doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
|Brokerage Charges Compare||ICICIDirect||Fyers|
|Plan Name||I-Secure Trading Plan (Percentage Based)||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||0.55% or 55 paisa||Free|
|Equity Intraday||0.03% or 3 paisa||0.01% or Rs 20 whichever is lower|
|Equity Futures||0.05% or 5 paisa||0.01% or Rs 20 whichever is lower|
|Equity Options||Rs 95 Per Lot||Flat Fee Rs 20|
|Currency Futures||0.05% or 5 paisa||0.01% or Rs 20 whichever is lower|
|Currency Options||Rs 25 Per Lot||Flat Fee Rs 20|
|Minimum Brokerage||Rs 35 per trade||NIL|
|Funding||Yes - 18% interest PA||No|
|Call & Trade Charges||First 20 call free and Rs 25 there onwards.||Rs 20 Per Order|
|Brokerage Calculator||Brokerage Calculator for ICICIDirect||Brokerage Calculator for Fyers|
|SPAN Margin Calculator||SPAN Margin Calculator for ICICIDirect||SPAN Margin Calculator for Fyers|
Compare ICICIDirect with Fyers on transaction charges and PCM fee by segment.
|Transaction Charges Compare||ICICIDirect||Fyers|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 240 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5900 Per Cr|
|Currency Futures||Rs 100 Per Cr||Rs 175 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 6500 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for icicidirect||Complete Brokerage Plans for fyers|
Compare ICICIDirect with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where Fyers offers only 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - ICICIDirect offers margin funding where Fyers doesn't offers margin funding. NRI Trading - ICICIDirect offers NRI where Fyers doesn't offers NRI Trading.
|Account Features Compare||ICICIDirect||Fyers|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||NIL||Free Call & trade|
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||ICICIDirect||Fyers|
|Desktop Trading Platform||Trade Racer||Fyers One|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||http://webtrader.fyers.in/userMaster/login|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||Fyers Markets|
|Mobile Trading App Demo||ICICI direct Mobile Demo||Fyers Markets Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod Fyers Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS Fyers Markets Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for ICICIDirect||Equity Intraday and Delivery Brokerage Calculator for Fyers|
|Futures Brokerage Calculator||Futures Brokerage Calculator for ICICIDirect||Futures Brokerage Calculator for Fyers|
|Options Brokerage Calculator||Options Brokerage Calculator for ICICIDirect||Options Brokerage Calculator for Fyers|
|Detail||Detail on Trading Platforms for icicidirect||Detail on Trading Platforms for fyers|
|264 Customer Reviews||5 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews||Fyers is Rated 3.8 / 5 based on 5 customer reviews|
Compare ICICIDirect with Fyers on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers don't offers Commodity Trading (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Fyers doesn't offer
|Investment Offerings Compare||ICICIDirect||Fyers|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare ICICIDirect with Fyers on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Fyers provides Bracket Orders (BO) where ICICIDirect doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.
|Order Type Compare||ICICIDirect||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre ICICIDirect with Fyers on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||ICICIDirect||Fyers|
|Equity Delivery Margin||No Delivery margin.||No Margin/Leverage for Equity delivery.|
|Equity Intraday Margin||Upto 5x leverage for equity.||Up to 16x leverage for equity.|
|Futures Margin||Upto 2x leverage for futures.||Up to 4x leverage for equity futures.|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Up to 4x for options selling and 1.3x for options buying.|
|Equity CO Margin||Upto 25x margin/leverage in CO order for selected equity scripts.||Up to 20x leverage for equity cover order.|
|Futures CO Margin||Upto 25x margin/leverage in CO order for Futures contracts.||Up to 33x leverage for future cover order.|
|Options CO Margin||Upto 25x margin/leverage in CO order for options contracts sell only.||Up to 33x leverage for options cover order.|
|Commodity Margin||Info Not Available||Info Not Available|
Compare ICICIDirect with Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||ICICIDirect||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||080 4625 1111|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Compare ICICIDirect with Fyers on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
|DP ID||14300||Info Not Available|
|Demat Account Annual Maintenance Charges(AMC)||Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a.||400 - Individual, 500 - Non Individual|
|Advance Deposit||Rs. 7500/- , If the client is not having ICICI BANK Account||NIL|
|Statutory charges||Stamp Duty at actuals||NIL|
|Transaction Charges on Debit (Per ISIN)||For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-)||Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]|
|Demat||Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates||2 per certificate + Rs.35 courier charges|
|Remat||Rs. 30 + CDSL actuals||Rs 25|
|Pledge Creation||0.03 % or minimum of Rs. 50/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Creation Confirmation||0.03 % or minimum of Rs. 50/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure||0.03 % or minimum of Rs. 50/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure Confirmation||0.03 % or minimum of Rs. 50/-||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Invocation||0.03 % or minimum of Rs. 50/-||0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually|
|Failed Instruction Charges||Rejection/Fails Rs.30/-||Rs 30 per transaction|
|Other Charges||a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges.||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request|
Compare ICICIDirect with Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Instance to ICICI Bank.||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||21+ bank connected via payment gatway, Rs 10 fee for per transaction.|
|Bank Detail||Direct from your ICICI bank account.||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Special Offers/Promo||Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.||Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.|
|Enquiry||Enquire about ICICIDirect||Enquire about Fyers|
Last Updated on 2019-07-08T23:24:28+00:00