FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Zerodha ranges between Rs 20. The broker Finvasia and Zerodha are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Finvasia is rated 4, Zerodha is rated 4.5 out of 5.
Here we present side-by-side comparison of ICICIDirect vs Finvasia vs Zerodha stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Finvasia vs Zerodha on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ICICIDirect vs Finvasia vs Zerodha in this setion with 360 degree view of broker information.
In this section we have compared ICICIDirect vs Finvasia vs Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.
Charges | ICICIDirect | Finvasia | Zerodha |
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Trading Account Opening Fees | Free | Free | Free |
Trading AMC | Free | Free | Free |
Demat Account Opening Fees | Free | Free | Free |
Demat AMC | Rs 300 per annum | Free | Rs 300 PA |
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Plans are the most important feature you look when compare ICICIDirect vs Finvasia vs Zerodha. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Finvasia and Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | ICICIDirect | Finvasia | Zerodha |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Zerodha | Zerodha | |
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Account Opening Request |
ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
Brokerage Charges Compare | ICICIDirect | Finvasia | Zerodha |
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Plan Name | NEO Flat Discount Brokerage Plan | Zero Brokerage Trading Plan | Max Rs 20 per order Trading Plan |
Equity Delivery | 0.55% | Rs 0 | Free |
Equity Intraday | Flat Rs. 20 per order | Rs 0 | 0.03% or Rs 20 whichever is lower |
Equity Futures | Free (Rs. 0 brokerage) | Rs 0 | 0.03% or Rs 20 whichever is lower |
Equity Options | Flat Rs. 20 per order | Rs 0 | Flat Fee Rs 20 |
Currency Futures | Flat Rs. 20 per order | Rs 0 | 0.03% or Rs 20 whichever is lower |
Currency Options | Flat Rs. 20 per order | Rs 0 | Flat Fee Rs 20 |
Commodity Trading | Flat Rs. 20 per order | Rs 0 | Flat Fee Rs 20 |
Minimum Brokerage | Rs 35 per trade | NA | NIL |
Hidden Charges | Yes | No | |
Funding | Yes - 18% interest PA | Yes, 24% interest PA | NA |
Call & Trade Charges | First 20 call free and Rs 25 there onwards. | Free | Rs 50 Per Executable Order |
Auto Square off Charges | First 20 call free and Rs 25 there onwards. | Free | Rs 50 Per Executable Order |
Brokerage Calculator | Brokerage Calculator for ICICIDirect | Brokerage Calculator for Finvasia | Brokerage Calculator for Zerodha |
Compare ICICIDirect vs Finvasia vs Zerodha on transaction charges and PCM fee by segment.
Transaction Charges Compare | ICICIDirect | Finvasia | Zerodha |
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Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
Commodity | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
Brokerage Charges | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for zerodha |
Compare ICICIDirect vs Finvasia vs Zerodha 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 Finvasia and Zerodha offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where Finvasia and Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
Account Features Compare | ICICIDirect | Finvasia | Zerodha |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:15PM | 3:15 PM | 3:20 PM |
NRI Trading | ![]() |
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Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Finvasia vs Zerodha. 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 | Finvasia | Zerodha |
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Desktop Trading Platform | Trade Racer | OMNESYS NEST | NA |
Desktop Demo | Desktop Demo | Info Not Available | Info Not Available |
Desktop Platform (Windows) | ![]() |
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Desktop Platform (Mac) | ![]() |
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Web Trading Platform | ![]() |
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Web Trading Detail |
https://www.icicidirect.com |
https://trade.finvasia.com/ |
Zerodha Kite Web |
Web Trading Demo | Web Trading Demo | Info Not Available | Web Trading Demo |
Mobile Site | ![]() |
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Mobile Trading | ![]() |
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Mobile Trading App | ICICI direct Mobile | SCALPERT | Zerodha Kite App |
Mobile Trading App Demo | ICICI direct Mobile Demo | SCALPERT Demo | Zerodha Kite App Demo |
Android Mobile App | ![]() |
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Android App Download | Andriod ICICI direct Mobile Download | Andriod SCALPERT Download | Andriod Download |
iPhone Mobile App (IOS) | ![]() |
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iOS App Download | iOS ICICI direct Mobile Download | Info Not Available | iOS Zerodha Kite App Download |
Android Tablet App | ![]() |
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iPad App (IOS) | ![]() |
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Trading Software Charges | Free | Basic platforms are free, advance platforms are chargeable. | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for ICICIDirect | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Zerodha |
Futures Brokerage Calculator | Futures Brokerage Calculator for ICICIDirect | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Zerodha |
Options Brokerage Calculator | Options Brokerage Calculator for ICICIDirect | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Zerodha |
Detail | Detail on Trading Platforms for icicidirect | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for zerodha |
Compare ICICIDirect vs Finvasia vs Zerodha 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia and Zerodha offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where Finvasia and Zerodha doesn't offers PMS facility.
Investment Offerings Compare | ICICIDirect | Finvasia | Zerodha |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL | NIL |
Order Type - Compare ICICIDirect vs Finvasia vs Zerodha 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) - All 3 brokers offers provides Cover Orders (CO) facility. 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) - Finvasia provides Bracket Orders (BO) facility where ICICIDirect and Zerodha doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - ICICIDirect and Zerodha offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.
Order Type Compare | ICICIDirect | Finvasia | Zerodha |
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CNC order | ![]() |
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MIS order | ![]() |
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NRML order | ![]() |
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Cover order | ![]() |
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Bracket order | ![]() |
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AMO-After Market Orders | ![]() |
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GTC-Good Till Cancelled | ![]() |
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Compare ICICIDirect vs Finvasia vs Zerodha 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 | Finvasia | Zerodha |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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Customer Care Number | 1860 123 1122 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | "+ 91 80 4040 2020" |
Account Opening Process | Online | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
Knowledge Center/Education | https://www.icicidirect.com/knowledge-center | https://finvasia.com/announcements | https://zerodha.com/varsity/ |
Head Office Address | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
Website | https://www.icicidirect.com | https://www.finvasia.com/ | https://zerodha.com/ |
Compare ICICIDirect vs Finvasia vs Zerodha on research reports and tips provided by broker.
ICICIDirect | Finvasia | Zerodha | |
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Research Mutual Funds | ![]() |
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Research Equity Reports | ![]() |
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Research ETF | ![]() |
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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare ICICIDirect vs Finvasia vs Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details
ICICIDirect | Finvasia | Zerodha | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 14300 | 84300 | 81600 |
Demat Account Annual Maintenance Charges(AMC) | ₹700 pa | Free | ₹300 pa |
Advance Deposit | Rs. 7500/- , If the client is not having ICICI BANK Account | Rs 0 | Nil |
Statutory charges | Nil | Nil | ₹50 |
Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹8 + ₹5.50 (CDSL Charges) per transaction |
Demat | ₹50 per set up | ₹15 per certificate | ₹150 per certificate + ₹100 courier charges |
Remat | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹15 for every hundred securities + CDSL Charges | ₹150 per certificate + ₹100 courier charges + CDSL Charges |
Pledge Creation | 0.02% (Min ₹35 and Max ₹25,000) | ₹25 per transaction | ₹20 + ₹12 CSDL charges |
Pledge Creation Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | NIL | Nil |
Pledge Closure | 0.02% (Min ₹35 and Max ₹25,000) | ₹25 per transaction | ₹20 + ₹12 CSDL charges |
Pledge Closure Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | NIL | Nil |
Pledge Invocation | 0.02% (Min ₹35 and Max ₹25,000) | ₹19 per transaction | ₹20 |
Failed Instruction Charges | ₹30 per transaction | ₹49 | ₹50 per instraction |
Other Charges | Nil | Nil | Nil |
Compare ICICIDirect vs Finvasia vs Zerodha on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
ICICIDirect | Finvasia | Zerodha | |
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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 with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Instant to ICICI Bank. | Up to 24 hrs except for bank holidays. | Max 24 hrs except for bank holidays |
Bank Supported and Charges | Info Not Available | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). |
Bank Detail | Direct from your ICICI bank account. | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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You will enjoy many benefits or advantages while trading with Zerodha;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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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. | Free Account Opening+Free Demat AMC+Free Trading. | Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. |
Enquire for ICICIDirect | Enquire for Finvasia | Enquire for Zerodha |
Last Updated on 2023-09-14T04:34:26+00:00