ICICIDirect Vs SBICAP Securities Vs Fyers: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Fyers ranges between Rs 20. The broker ICICIDirect and SBICAP Securities are full service brokers where Fyers is a discount broker. Overall rating for ICICIDirect is 4, SBICAP Securities is rated 4, Fyers is rated 4 out of 5.

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

Compare 2 Brokers

Compare ICICIDirect vs SBICAP Securities vs Fyers on Service

	ICICIDirect	SBICAP Securities	Fyers
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	NSE, BSE	BSE, NSE, 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...	Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...	Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...
Broker Enquiry

Account Opening Charges and AMC

Compare ICICIDirect vs SBICAP Securities vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs SBICAP Securities vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and Fyers offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs SBICAP Securities vs Fyers
Charges	ICICIDirect	SBICAP Securities	Fyers
Trading Account Opening Fees	Free	Rs 850	Free
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 300 per annum	Rs 500 PA	Free
Provide DP Service

About Brokerage Plans

Compare ICICIDirect vs SBICAP Securities vs Fyers on Plan Options

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

Compare ICICIDirect vs SBICAP Securities vs Fyers on Plan Options
Plan Types	ICICIDirect	SBICAP Securities	Fyers
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Zerodha	Fyers
Account Opening Request	Open Zerodha Account Now>>	Open Zerodha Account Now>>	Open Fyers Account Now>>

Brokerage Charges

Compare ICICIDirect vs SBICAP Securities vs Fyerson 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.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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 vs SBICAP Securities vs Fyers
Brokerage Charges Compare	ICICIDirect	SBICAP Securities	Fyers
Plan Name	NEO Flat Discount Brokerage Plan	Standard or default brokerage plan	Max Rs 20 Per Order Trading Plan
Equity Delivery	0.55%	0.50%	Free
Equity Intraday	Flat Rs. 20 per order	0.05%	0.03% or Rs 20 whichever is lower
Equity Futures	Free (Rs. 0 brokerage)	0.05%	0.03% or Rs 20 whichever is lower
Equity Options	Flat Rs. 20 per order	Rs 100 Per Lot	Flat Fee Rs 20
Currency Futures	Flat Rs. 20 per order	0.03%	0.03% or Rs 20 whichever is lower
Currency Options	Flat Rs. 20 per order	Rs 30 Per Lot	Flat Fee Rs 20
Commodity Trading	Flat Rs. 20 per order	Rs. 100 per lot	Flat Fee Rs 20
Minimum Brokerage	Rs 35 per trade	Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges	Yes	Info Not Available
Funding	Yes - 18% interest PA	Yes - 24% interest PA	No
Call & Trade Charges	First 20 call free and Rs 25 there onwards.	Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.	Rs 50 Per Order
Auto Square off Charges	First 20 call free and Rs 25 there onwards.	First Free 30 per month, after Rs 10 per square-off	Rs 50 Per Order
Brokerage Calculator	Brokerage Calculator for ICICIDirect	Brokerage Calculator for SBICAP Securities	Brokerage Calculator for Fyers

Share Broker's Transaction Charges

Compare ICICIDirect vs SBICAP Securities vs Fyers on Transaction Charges

Compare ICICIDirect vs SBICAP Securities vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs SBICAP Securities vs Fyers
Transaction Charges Compare	ICICIDirect	SBICAP Securities	Fyers
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	NA	NA
Brokerage Charges	Complete Brokerage Plans for icicidirect	Complete Brokerage Plans for sbicap-securities	Complete Brokerage Plans for fyers

Account Features

Compare ICICIDirect vs SBICAP Securities vs Fyers on Account Features

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

Account Features - ICICIDirect vs SBICAP Securities vs Fyers
Account Features Compare	ICICIDirect	SBICAP Securities	Fyers
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:15 PM
NRI Trading
Other Features	NIL	Trading software terminal: ODIN Diet	Fyers 30 Day Challenge

Trading Platform

Compare ICICIDirect vs SBICAP Securities vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs SBICAP Securities vs 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 vs SBICAP Securities vs Fyers
Trading Platform Compare	ICICIDirect	SBICAP Securities	Fyers
Desktop Trading Platform	Trade Racer	SBISMART XPRESS - NextTrader	Fyers One
Desktop Demo	Desktop Demo	Desktop Demo	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://www.icicidirect.com	https://login1.sbismart.com/nidp/app/login	Fyers Web
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	ICICI direct Mobile	SBISMART	Fyers 2.0 Mobile App
Mobile Trading App Demo	ICICI direct Mobile Demo	SBISMART Demo	Fyers 2.0 Mobile App Demo
Android Mobile App
Android App Download	Andriod ICICI direct Mobile Download	Andriod SBISMART Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS ICICI direct Mobile Download	iOS SBISMART Download	iOS Fyers 2.0 Mobile App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for ICICIDirect	Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities	Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator	Futures Brokerage Calculator for ICICIDirect	Futures Brokerage Calculator for SBICAP Securities	Futures Brokerage Calculator for Fyers
Options Brokerage Calculator	Options Brokerage Calculator for ICICIDirect	Options Brokerage Calculator for SBICAP Securities	Options Brokerage Calculator for Fyers
Detail	Detail on Trading Platforms for icicidirect	Detail on Trading Platforms for sbicap-securities	Detail on Trading Platforms for fyers

Broker Ratings by Users

Compare ICICIDirect vs SBICAP Securities vs Fyers on User Rating

	ICICIDirect	SBICAP Securities	Fyers
	267 Customer Reviews	78 Customer Reviews	11 Customer Reviews
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	SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews	Fyers is Rated 3.2 / 5 based on 11 customer reviews

Investment Offerings

Compare ICICIDirect vs SBICAP Securities vs Fyers on Investment Offerings

Compare ICICIDirect vs SBICAP Securities vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Fyers offers Commodity Trading where ICICIDirect and SBICAP Securities 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 SBICAP Securities and Fyers doesn't offers PMS facility.

Investment Offerings - Compare ICICIDirect vs SBICAP Securities vs Fyers
Investment Offerings Compare	ICICIDirect	SBICAP Securities	Fyers
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Order Types

Compare ICICIDirect vs SBICAP Securities vs Fyers on Order Types

Order Type - Compare ICICIDirect vs SBICAP Securities vs 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) - 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) - SBICAP Securities and Fyers provides Bracket Orders (BO) facility where ICICIDirect 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 - 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 SBICAP Securities vs Fyers
Order Type Compare	ICICIDirect	SBICAP Securities	Fyers
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare ICICIDirect vs SBICAP Securities vs Fyers on Customer Service

Compare ICICIDirect vs SBICAP Securities vs 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 Support - Compare ICICIDirect vs SBICAP Securities vs Fyers
Customer Service Compare	ICICIDirect	SBICAP Securities	Fyers
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1860 123 1122	022 6854 5555	08060001111
Account Opening Process	Online	Offline	100% online and paperless proc
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.icicidirect.com/knowledge-center	https://www.sbismart.com/education	https://fyers.in/school-of-stocks/
Head Office Address	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020	SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013	Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009
Website	https://www.icicidirect.com	https://www.sbismart.com	https://fyers.in/

Tips/Research/Reports Published

Compare ICICIDirect vs SBICAP Securities vs Fyers on Research Reports, Tips

Compare ICICIDirect vs SBICAP Securities vs Fyers on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect vs SBICAP Securities vs Fyers
	ICICIDirect	SBICAP Securities	Fyers
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare ICICIDirect vs SBICAP Securities vs Fyers on Demat Account

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

Demat Charges - Compare ICICIDirect vs SBICAP Securities vs Fyers
	ICICIDirect	SBICAP Securities	Fyers
DP Source	CDSL	CDSL	CDSL
DP ID	14300	19300	432-2019
Demat Account Annual Maintenance Charges(AMC)	₹700 pa	₹500	Free
Advance Deposit	Rs. 7500/- , If the client is not having ICICI BANK Account	0 for all	Nil
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)	0.01% of the transaction value (Min ₹21 and Max ₹300)	₹7 + ₹5.50 (CDSL Charges) per transaction
Demat	₹50 per set up	₹5 per certificate + ₹35 courier charges	₹0
Remat	₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction	₹35 per certificate + CDSL Charges	₹0
Pledge Creation	0.02% (Min ₹35 and Max ₹25,000)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Creation Confirmation	0.02% (Min ₹35 and Max ₹25,000)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Closure	0.02% (Min ₹35 and Max ₹25,000)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Closure Confirmation	0.02% (Min ₹35 and Max ₹25,000)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Invocation	0.02% (Min ₹35 and Max ₹25,000)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Failed Instruction Charges	₹30 per transaction	₹10	Nil
Other Charges	Nil	Nil	Stamp Charges ₹50,

Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs SBICAP Securities vs Fyers on Special Offers and Promotion

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

Compare ICICIDirect vs SBICAP Securities vs Fyers on Special Offers and Promotion
	ICICIDirect	SBICAP Securities	Fyers
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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application. 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	Instant to ICICI Bank.	Upto 24 Hrs except Bank Holidays.	Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges	Info Not Available	Direct to SBI Bank.	24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail	Direct from your ICICI bank account.	Direct to SBI bank account	Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009
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...	Trade on BSE, NSE, and MCX. Instant paperless 3-in-1 account opening with SBI Bank. Free web and app-based trading platforms. Invest in IPO, mutual funds, insurance, and get loans. Place upto 5 IPO applications from a single bank account. Comprehensive fundamental and technical research services across asset classes. Free trading tips and recommendations. Educative blogs, and videos as a learning source. Margin trading services. Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO). Place Good Till Date (GTD) order. Detail Review...	Trade on BSE, NSE, and MCX Free stocks and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. 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...	It charges high brokerage than other brokers like Zerodha, Upstox, etc. It does not provide any desktop trading software for pro traders. The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged. It doesn’t have any fixed/flat discount brokerage plan. Customers are not satisfied with the SBI Securities services. Detail Review...	No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free 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.
	Enquire for ICICIDirect	Enquire for SBICAP Securities	Enquire for Fyers

Last Updated on 2023-09-14T04:34:26+00:00