Is ICICI Direct Neo good?

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ICICI Direct Neo plan is good for Intraday and F&O traders. This plan is equivalent to leading discount brokers like Zerodha and Upstox in terms of brokerage of Intraday and F&O trading at BSE, NSE and MCX.

ICICI Direct Neo is a flat-rate discount brokerage plan. The plan offers brokerage-free equity future trading. For Intraday and Options in Equity, Currency and Commodity, it charges flat Rs 20 per order. For Equity Delivery (Cash & Carry) it charges 0.55% brokerage.

The equity delivery brokerage change is high in comparison to leading brokers who offer brokerage-free equity delivery traders.


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