ICICIDirect Vs Fyers Share Broker Comparison
The side-by-side comparison of ICICI Securities Pvt Ltd. and Fyers Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and Fyers's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and Fyers.
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
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| About the Broker |
ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group...  |
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE |
NSE, MCX |
| Account Type
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3-in-1 Account (I-Secure Plan) |
Flat Fee Brokerage Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Trading Account Opening Fees
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Rs 975 |
₹0 (Free) |
| Trading Account AMC
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NIL |
₹0 (Free) |
| Demat Account Opening Fees
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NIL |
₹0 (Free) |
| Demat Account AMC
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Rs 600 |
₹400 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Flat Fee Brokerage Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.55% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.275% |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.05% to 0.03% |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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Rs 95 to Rs 35 per lot |
₹20 per executed order |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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Rs 25 to Rs 10 per lot |
₹20 per executed order |
| Commodity Futures Trading Brokerage
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NA |
NA |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Account Type |
I-Saver Plan |
Flat Fee Brokerage Plan |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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0.75% to 0.25% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.75% to 0.25% |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.05% to 0.03% |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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Rs 95 to Rs 65 per lot |
₹20 per executed order |
| Currency Futures Trading Brokerage
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0.05% to 0.03% |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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Rs 95 to Rs 65 per lot |
₹20 per executed order |
| Commodity Futures Trading Brokerage
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NA |
NA |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Rs 35 per trade |
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| Other Brokerage Charges
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Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments) |
| Call & Trade Charges
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₹20 per trade |
Taxes
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Equity Delivery
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NSE: 0.0031% | BSE: 0.0028% |
₹325 per crore (0.00325%) |
| Equity Intraday
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NSE: 0.0031% | BSE: 0.0028% |
₹325 per crore (0.00325%) |
| Equity Futures
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0.0018% |
₹240 per crore (0.0024%) |
| Equity Options
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0.05% on Premium |
₹5900 per crore (on premium) (0.059%) |
| Currency Futures
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0.0012% |
₹240 per crore (0.0024%) |
| Currency Options
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0.05% on Premium |
₹5900 per crore (on premium) (0.059%) |
| Commodity
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NA |
NA |
Exposure
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Equity Delivery
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1 times |
| Equity Intraday
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Up to 16x (based on the stock) |
| Equity Futures
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Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x |
| Currency Futures
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Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling) |
| Commodity
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NA |
Share Broker Features
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| 3 in 1 Account
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| Charting
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| Automated 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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| Trading Platform
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Trade Racer |
Fyers One (In-house build) |
| Intraday Square-off Time
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3:20 PM |
| Other Features
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Brokerage free thematic investing is available |
Broker Ratings (Average User Rating)
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
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389 Customer Reviews  |
7 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 389 customer reviews |
Fyers is Rated 3.9 / 5 based on 7 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| 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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Suitable for Investor Category
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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ICICI Securities Pvt Ltd. |
Fyers Securities Ltd |
| Pros
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- Offers 3-in-1 account which makes stock market investment very easy for casual investors.
- Wide range of investment options available under one portal.
- Provides a low bandwidth website which works well where internet connection is slow.
- GTC (good till cancellation) and off-market hours order placement facility is very useful.
More Advantages... |
- Free equity delivery trades and thematic investments. No brokerage for this segment.
- Very low brokerage charges of maximum ₹20 per trade.
- No software charges.
- State of art trading platforms.
- Thematic investment is available
- Refer your friends and earn 20% of the revenues generated by your friends, for life!
More Advantages... |
| Cons
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- ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
- Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
- Poor performance of website is reported in peak hours of trading.
- Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
- Demat Account is mandatory.
- Commodity trading is not available for retail investors.
- Call & trade cost extra Rs 25 per call after first 20 free calls in a month.
More Disadvantages... |
- Depository services are offered through another company (IL&FS). Higher demat charges.
- No branch offices.
- No good 'til canceled (GTC) orders.
More Disadvantages... |
| Reviews
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| Promo / Offers
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Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.
This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you. |
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Enquire about ICICIDirect
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Enquire about Fyers
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee