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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.

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
	ICICIDirect Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Fyers Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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	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

Stock Broker Fees / Charges

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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

Trading Brokerage Charges

Brokerage Plan 1

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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

Taxes

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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)	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	Check table below
SEBI Charges	Rs 15 per Crore	Rs 15 per Crore
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	Charged as per the state of the client's correspondence address.	Charged as per the state of the client's correspondence address.

Transaction Charges

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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

Exposure

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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	NA	NA

Share Broker Features

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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

Broker Ratings (Average User Rating)

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
	400 Customer Reviews	8 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 400 customer reviews	Fyers is Rated 3.6 / 5 based on 8 customer reviews

Contact Broker / Request A Call Back

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Investment Options Available

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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

Customer Service Offered

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

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

Research / Tips / Reports Published

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Suitable for Investor Category

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	ICICI Securities Pvt Ltd.	Fyers Securities Ltd
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 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
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.
	Enquire about ICICIDirect	Enquire about Fyers
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