Compare Brokers Articles Reports Glossary Complaints

ICICI Direct Vs Fyers (Compare ICICI Direct and Fyers)

The side-by-side comparison of ICICI Direct and Fyers. Compare ICICI Direct Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and ICICI Direct review.

Find out ICICI Direct Vs Fyers which is better and ICICI Direct Vs Fyers which is best.

Our ICICI Securities Pvt Ltd. comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between ICICI Direct and Fyers.

ICICI Direct Vs Fyers

	ICICI Direct	Fyers
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review

About the Broker	ICICI Direct 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 Grou...	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	Full Service Broker	Discount Broker
Supported Exchnage	BSE, NSE	NSE, MCX
Account Type	3-in-1 Account (I-Secure Plan)	Flat Fee Brokerage Plan
Broker Enquiry
Year of Incorporation	2000	2015
Number of Branches	154	0
	Enquire ICICI Direct	Enquire Fyers

ICICI Direct Vs Fyers Charges

	ICICI Direct	Fyers
Trading Account Opening Fees	₹975	₹0 (Free)
Trading Account AMC	₹0	₹0 (Free)
Demat Account Opening Fees	₹0	₹0 (Free)
Demat Account AMC	₹700	₹400
Demat Account is Mandatory?	No	No

ICICI Direct Vs Fyers Brokerage

Brokerage Plan 1

	ICICI Direct	Fyers
Account Type	3-in-1 Account (I-Secure Plan)	Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.55%	₹0 (Free)
Equity Intraday Brokerage	0.275%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.05% to 0.03%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹95 to ₹35 per lot	₹20 per executed order
Currency Futures Trading Brokerage	0.050% to 0.030%	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹25 to ₹10 per lot	₹20 per executed order
Commodity Futures Trading Brokerage	NA	NA
Commodity Options Trading Brokerage	NA
Special Offer	Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.	Special Offer: FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

Brokerage Plan 2

	ICICI Direct	Fyers
Account Type	I-Saver Plan	Flat Fee Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.75% to 0.25%	₹0 (Free)
Equity Intraday Brokerage	0.75% to 0.25%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.05% to 0.03%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹95 to ₹65 per lot	₹20 per executed order
Currency Futures Trading Brokerage	0.05% to 0.03%	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	0.25 to ₹65 per lot	₹20 per executed order
Commodity Futures Trading Brokerage	NA	NA
Commodity Options Trading Brokerage	NA

Brokerage Plan 3

	ICICI Direct	Fyers
Account Type	ICICIdirect Prime Plan	Flat Fee Brokerage Plan
Fixed Charges	₹900	NA
Equity Delivery Brokerage	0.25%	₹0 (Free)
Equity Intraday Brokerage	0.25%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.025%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹35	₹20 per executed order
Currency Futures Trading Brokerage	₹0	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹0	₹20 per executed order
Commodity Futures Trading Brokerage	NA	NA
Commodity Options Trading Brokerage	NA

Other Charges

Minimum Brokerage Charges	₹35 per trade
Other Brokerage Charges		Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges	₹25 per call after first 20 free calls per month	₹20 per trade

ICICI Direct Vs Fyers Taxes

ICICI Direct

Fyers

Securities Transaction Tax (STT)

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)

Exchange Transaction Charges

Check table below

SEBI Charges

Rs 15 per Crore

Goods and Services Tax (GST)

18% on (brokerage + transaction charges)

Stamp Duty

Charged as per the state of the client's correspondence address.

ICICI Direct Vs Fyers Transaction Charges

	ICICI Direct	Fyers
Equity Delivery	NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	₹325 per Cr (0.00325%)
Equity Intraday	NSE ₹310 per Cr (0.0031%) \| BSE ₹280 per Cr (0.0028%) (each side)	₹325 per Cr (0.00325%)
Equity Futures	₹180 per Cr (0.0018%)	₹240 per Cr (0.0024%)
Equity Options	₹5000 per Cr (0.05%) (on premium)	₹5900 per Cr (on premium) (0.059%)
Currency Futures	₹120 per Cr (0.0012%)	₹240 per Cr (0.0024%)
Currency Options	₹5000 per Cr (0.05%) (on premium)	₹5900 per Cr (on premium) (0.059%)
Commodity	NA	NA

ICICI Direct Vs Fyers Exposure Margin

	ICICI Direct	Fyers
Equity Delivery	5x with Interest	1 times
Equity Intraday	Upto 25x	Up to 16x (based on the stock)
Equity Futures	4x	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	2x for shorting	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures	NA	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	NA	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures	NA	NA
Commodity Options

ICICI Direct and Fyers Feature Comparison

	ICICI Direct	Fyers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Fyers One (In-house build)
Intraday Square-off Time	3:30 PM	3:20 PM
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Brokerage free thematic investing is available
Referral Program

ICICI Direct Vs Fyers Review

	ICICI Direct	Fyers
	413 Customer Reviews	13 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is Rated 2.4 / 5 based on 413 customer reviews	Fyers is Rated 4.0 / 5 based on 13 customer reviews

Contact Broker / Request A Call Back

	ICICI Direct Enquire	Fyers Enquire
Contact Broker	Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback. Name Phone # Email City Name State Are you a day trader?	FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer Name Phone # Email City Name State Are you a day trader?

ICICI Direct Vs Fyers Investment Options

	ICICI Direct	Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICI Direct Vs Fyers Customer Service

	ICICI Direct	Fyers
24/7 Customer Service
Onine Live Chat
Through Branches

ICICI Direct Vs Fyers Order Type Offered

	ICICI Direct	Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

ICICI Direct Vs Fyers Research Report

	ICICI Direct	Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICI Direct Vs Fyers Suitable For Investor Type

	ICICI Direct	Fyers
Casual Investor
Active Investor
Trader

ICICI Direct Vs Fyers - Advantages and Disadvantages

	ICICI Direct	Fyers
Pros	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	ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India. Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hou₹of trading. Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750. Demat Account is mandatory. Commodity trading is not available for retail investors. Call & trade cost extra ₹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
Promo / Offers	ICICI 3-in-1 Account ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits. Interested in opening a trading account? Request Callback from a stock broker.	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.

Compare More Brokers:

ICICI Direct Vs Fyers (Compare ICICI Direct and Fyers)

ICICI Direct Vs Fyers

ICICI Direct Vs Fyers Charges

ICICI Direct Vs Fyers Brokerage

Brokerage Plan 1

Brokerage Plan 2

Brokerage Plan 3

Other Charges

ICICI Direct Vs Fyers Taxes

ICICI Direct Vs Fyers Transaction Charges

ICICI Direct Vs Fyers Exposure Margin

ICICI Direct and Fyers Feature Comparison

ICICI Direct Vs Fyers Review

Contact Broker / Request A Call Back

ICICI Direct Vs Fyers Investment Options

ICICI Direct Vs Fyers Customer Service

ICICI Direct Vs Fyers Order Type Offered

ICICI Direct Vs Fyers Research Report

ICICI Direct Vs Fyers Suitable For Investor Type

ICICI Direct Vs Fyers - Advantages and Disadvantages

ICICI 3-in-1 Account

IPO Information

Mainboard IPO

SME IPO

General IPO Info

NCD Public Issue

Stock Broker Reviews

Best of

Reviews (Discount Broker)

Reviews (Full-service)

Compare Brokers

Side by Side Comparison

Read & Learn

Trading Platform Reviews

NRI Trading Account

Options Trading

Stock Market

Corporate Fixed Deposits

Chittorgarh City Info