The side-by-side comparison of ICICI Direct and Groww. Compare ICICI Direct Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Groww?
ICICI Direct
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 Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com).
ICICIDirect.com is the flags...
Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
ICICI Direct trading account opening charges is Rs 0 while Groww account opening changes is Rs 0. ICICI Direct Demat Account AMC Charges is Rs 700 (from 2nd year) and Groww Demat Account AMC Charges is Rs 0.
ICICI Direct | Groww | |
---|---|---|
Trading Account Opening Charges | Rs 0 | Rs 0 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 700 (from 2nd year) | Rs 0 |
ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
ICICI Direct | Groww | |
---|---|---|
Account Type | 3-in-1 Account (I-Secure Plan) | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.55% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | 0.275% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.05% to 0.03% | NA |
Equity Options Brokerage | Rs 95 to Rs 35 per lot | NA |
Currency Futures Trading Brokerage | 0.050% to 0.030% | NA |
Currency Options Trading Brokerage | Rs 25 to Rs 10 per lot | NA |
Commodity Futures Trading Brokerage | NA | NA |
Commodity Options Trading Brokerage | NA | 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. |
ICICI Direct | Groww | |
---|---|---|
Account Type | I-Saver Plan | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.75% to 0.25% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | 0.75% to 0.25% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.05% to 0.03% | NA |
Equity Options Brokerage | Rs 95 to Rs 65 per lot | NA |
Currency Futures Trading Brokerage | 0.05% to 0.03% | NA |
Currency Options Trading Brokerage | 0.25 to Rs 65 per lot | NA |
Commodity Futures Trading Brokerage | NA | NA |
Commodity Options Trading Brokerage | NA | NA |
ICICI Direct | Groww | |
---|---|---|
Account Type | ICICIdirect Prime Plan | Standard Plan |
Fixed Charges | Rs 900 | NA |
Equity Delivery Brokerage | 0.25% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | 0.25% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.025% | NA |
Equity Options Brokerage | Rs 35 | NA |
Currency Futures Trading Brokerage | Rs 0 | NA |
Currency Options Trading Brokerage | Rs 0 | NA |
Commodity Futures Trading Brokerage | NA | NA |
Commodity Options Trading Brokerage | NA | NA |
Minimum Brokerage Charges | Rs 35 per trade | Rs 20 or 0.05% per executed order |
Other Brokerage Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
Call & Trade Charges | Rs 25 per call after first 20 free calls per month | NA |
ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Groww exchange transaction charges for options is NA.
ICICI Direct | Groww | |
---|---|---|
Equity Delivery | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | Rs 180 per Cr (0.0018%) | NA |
Equity Options | Rs 5000 per Cr (0.05%) (on premium) | NA |
Currency Futures | Rs 120 per Cr (0.0012%) | NA |
Currency Options | Rs 5000 per Cr (0.05%) (on premium) | NA |
Commodity | NA | NA |
ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).
ICICI Direct | Groww | |
---|---|---|
Equity Delivery | 5x with Interest | 1x (no margin) |
Equity Intraday | Upto 25x | Up to 8x (based on the stock) |
Equity Futures | 4x | NA |
Equity Options | 2x for shorting | NA |
Currency Futures | NA | NA |
Currency Options | NA | NA |
Commodity Futures | NA | NA |
Commodity Options | NA |
The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Groww offers Groww trading software.
ICICI Direct | Groww | |
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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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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App | Groww |
Intraday Square-off Time | 3:30 PM | 3:10 PM |
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
Referral Program |
ICICI Direct is rated 2.4 of 5 based on 433 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.
ICICI Direct | Groww | |
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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 | Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS | Digital Gold, US Stocks, Fixed Deposits |
ICICI Direct | Groww | |
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Reviews | ||
Promo / Offers | ICICI 3-in-1 AccountICICI 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. |
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