FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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ICICIDirect Vs Kotak Securities Vs Zerodha: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Zerodha ranges between Rs 20. The broker ICICIDirect and Kotak Securities are full service brokers where Zerodha is a discount broker. Overall rating for ICICIDirect is 4, Kotak Securities is rated 4, Zerodha is rated 4.5 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Kotak Securities 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 Kotak Securities 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 Kotak Securities vs Zerodha in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Kotak Securities vs Zerodha on Service

  ICICIDirect Compare
ICICIDirect
Kotak Securities Compare
Kotak Securities
Zerodha Compare
Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform.
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare ICICIDirect vs Kotak Securities vs Zerodha on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Kotak Securities 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, Kotak Securities charges Rs 600 PA AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Kotak Securities vs Zerodha
Charges ICICIDirect Kotak Securities Zerodha
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 Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Kotak Securities vs Zerodha on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Kotak Securities vs Zerodha. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect and Kotak Securities offers Multiple Plans where Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare ICICIDirect vs Kotak Securities vs Zerodha on Plan Options
Plan Types ICICIDirect Kotak Securities Zerodha
Multiple Plans Yes Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Kotak Securities vs Zerodhaon Brokerage Charges

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.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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 vs Kotak Securities vs Zerodha
Brokerage Charges Compare ICICIDirect Kotak Securities Zerodha
Plan Name NEO Flat Discount Brokerage Plan Kotak Securities Trade Free Plan Max Rs 20 per order Trading Plan
Equity Delivery 0.55% 0.25% Free
Equity Intraday Flat Rs. 20 per order Free 0.03% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or Rs 20 whichever is lower
Equity Options Flat Rs. 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or Rs 20 whichever is lower
Currency Options Flat Rs. 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Commodity Trading Flat Rs. 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Minimum Brokerage Rs 35 per trade Rs 21 per executed order NIL
Hidden Charges Yes No
Call & Trade Charges First 20 call free and Rs 25 there onwards. 20 calls free and after that Rs 20 per call Rs 50 Per Executable Order
Auto Square off Charges First 20 call free and Rs 25 there onwards. 20 calls free and after that Rs 20 per call Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Kotak Securities Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare ICICIDirect vs Kotak Securities vs Zerodha on Transaction Charges

Compare ICICIDirect vs Kotak Securities vs Zerodha on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs Kotak Securities vs Zerodha
Transaction Charges Compare ICICIDirect Kotak Securities Zerodha
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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for zerodha
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Account Features

Compare ICICIDirect vs Kotak Securities vs Zerodha on Account Features

Compare ICICIDirect vs Kotak Securities vs Zerodha on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect and Kotak Securities offers 3-in-1 Account where Zerodha offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and Kotak Securities offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - ICICIDirect vs Kotak Securities vs Zerodha
Account Features Compare ICICIDirect Kotak Securities Zerodha
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity No No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:20 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL
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Trading Platform

Compare ICICIDirect vs Kotak Securities vs Zerodhaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Kotak Securities 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 vs Kotak Securities vs Zerodha
Trading Platform Compare ICICIDirect Kotak Securities Zerodha
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

Zerodha Kite Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile Kotak Neo Zerodha Kite App
Mobile Trading App Demo ICICI direct Mobile Demo Kotak Neo Demo Zerodha Kite App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Kotak Neo Download iOS Zerodha Kite App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare ICICIDirect vs Kotak Securities vs Zerodha on User Rating

  ICICIDirect Kotak Securities Zerodha
  267 Customer Reviews    Rate ICICIDirect 82 Customer Reviews    Rate Kotak Securities 160 Customer Reviews    Rate Zerodha
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare ICICIDirect vs Kotak Securities vs Zerodha on Investment Offerings

Compare ICICIDirect vs Kotak Securities 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 - Kotak Securities 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 and Kotak Securities offers PMS facility where Zerodha doesn't offers PMS facility.

Investment Offerings - Compare ICICIDirect vs Kotak Securities vs Zerodha
Investment Offerings Compare ICICIDirect Kotak Securities Zerodha
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking Yes Yes No
Insurance Yes Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes No
Other Investment Options NIL NIL NIL
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Order Types

Compare ICICIDirect vs Kotak Securities vs Zerodha on Order Types

Order Type - Compare ICICIDirect vs Kotak Securities 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers 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 Types - Compare ICICIDirect vs Kotak Securities vs Zerodha
Order Type Compare ICICIDirect Kotak Securities Zerodha
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare ICICIDirect vs Kotak Securities vs Zerodha on Customer Service

Compare ICICIDirect vs Kotak Securities 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 Support - Compare ICICIDirect vs Kotak Securities vs Zerodha
Customer Service Compare ICICIDirect Kotak Securities Zerodha
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes Yes
Customer Care Number 1860 123 1122 1800 209 9191 "+ 91 80 4040 2020"
Account Opening Process Online Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://zerodha.com/varsity/
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
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.kotaksecurities.com https://zerodha.com/
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Tips/Research/Reports Published

Compare ICICIDirect vs Kotak Securities vs Zerodha on Research Reports, Tips

Compare ICICIDirect vs Kotak Securities vs Zerodha on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect vs Kotak Securities vs Zerodha
  ICICIDirect Kotak Securities Zerodha
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare ICICIDirect vs Kotak Securities vs Zerodha on Demat Account

Compare ICICIDirect vs Kotak Securities vs Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Kotak Securities vs Zerodha
  ICICIDirect Kotak Securities Zerodha
DP Source CDSL CDSL CDSL
DP ID 14301 25100 81600
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹780 pa ₹300 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NA Nil
Statutory charges Nil Nil ₹50
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹50 per set up ₹3 per certificate + ₹50 courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹10 for every hundred securities (Min ₹15) ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) 0.05% of transaction value (Min ₹30) ₹20
Failed Instruction Charges ₹30 per transaction Nil ₹50 per instraction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Kotak Securities vs Zerodha on Special Offers and Promotion

Compare ICICIDirect vs Kotak Securities vs Zerodha on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Kotak Securities vs Zerodha on Special Offers and Promotion
  ICICIDirect Kotak Securities Zerodha
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

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. 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 Kotak Securities Enquire for Zerodha

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