ICICIDirect Vs Fyers (Compare ICICIDirect and Fyers)
The side-by-side comparison of ICICIDirect and Fyers. Compare ICICIDirect Vs Fyers brokerage, charges, exposure margin, demat account. Read Fyers and ICICIDirect review.
Find out ICICIDirect Vs Fyers which is better and ICICIDirect 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 ICICIDirect and Fyers.
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
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
ICICIDirect Vs Fyers Charges
ICICIDirect
Fyers
Trading Account Opening Fees
₹975
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹450
₹400
Demat Account is Mandatory?
No
No
ICICIDirect Vs Fyers Brokerage
Brokerage Plan 1
ICICIDirect
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
Brokerage Plan 2
ICICIDirect
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
₹95 to ₹65 per lot
₹20 per executed order
Commodity Futures Trading Brokerage
NA
NA
Commodity Options Trading Brokerage
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
ICICIDirect Vs Fyers Taxes
ICICIDirect
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.
ICICIDirect Vs Fyers Transaction Charges
ICICIDirect
Fyers
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
₹325 per crore (0.00325%)
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
₹325 per crore (0.00325%)
Equity Futures
0.0018%
₹240 per crore (0.0024%)
Equity Options
0.05% on Premium
₹5900 per crore (on premium) (0.059%)
Currency Futures
0.0012%
₹240 per crore (0.0024%)
Currency Options
0.05% on Premium
₹5900 per crore (on premium) (0.059%)
Commodity
NA
NA
ICICIDirect Vs Fyers Exposure Margin
ICICIDirect
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
ICICIDirect and Fyers Feature Comparison
ICICIDirect
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
ICICIDirect Vs Fyers Review
ICICIDirect
Fyers
403 Customer Reviews
10 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 403 customer reviews
Fyers is Rated 3.7 / 5 based on 10 customer reviews
Zerodha
Zero Account Opening Fee