FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
The side-by-side comparison of ICICIdirect and Zerodha NRI Account. Compare ICICIdirect Vs Zerodha NRI Account brokerage charges, exposure margin, demat account and AMC. Read Zerodha and ICICIdirect NRI Account reviews.
Find out ICICIdirect Vs Zerodha which is better NRI Trading Account. See ICICIdirect Vs Zerodha which is best NRI Demat Account.
Our ICICI Securities Pvt Ltd. comparison with Zerodha highlights the major differences between two brokers. Find the best between ICICIdirect and Zerodha NRI Account.
ICICIdirect | Zerodha | |
---|---|---|
About the Broker | ICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account. The ICICI 3 in 1 Account for NRI enab... | Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... |
Account Type | NRI Account | NRI Account |
Special Offer | Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
|
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. |
ICICIdirect | Zerodha | |
---|---|---|
NRI Account Opening Fees | ₹4000 | ₹500 |
NRI Account AMC | ₹0 | ₹0 |
NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
NRI Demat Account AMC | Rs 300 (from 2nd year) | Rs 300 |
PIS Account AMC | NA | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
Open ICICIdirect Account | Open Zerodha Account |
Account Type | ICICIdirect NRI Account | Zerodha NRI Account |
---|---|---|
Equity Delivery | 0.50% - 1.25% | ₹100 per trade (non-PIS), ₹200 per trade (PIS) |
Equity Futures | 0.03% - 0.05% | ₹100 per trade (non-PIS), ₹200 per trade (PIS) |
Equity Options | ₹70 to ₹95 | ₹100 per trade (non-PIS), ₹200 per trade (PIS) |
Open ICICIdirect Account | Open Zerodha Account |
Contract Note Reporting Charges | NA | |
Other Brokerage Charges | Demat Account AMC: ₹300 yearly | |
TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
ICICIdirect | Zerodha | |
---|---|---|
Securities Transaction Tax (STT) |
|
|
Exchange Transaction Charges | Check Exchange Transaction Fee | |
SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
ICICIdirect Margin | Zerodha Margin | |
---|---|---|
Equity Delivery | 1x | 1x |
Equity Futures | 1x | 1x |
Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. |
ICICIdirect | Zerodha | |
---|---|---|
3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | ||
Open ICICIdirect Account | Open Zerodha Account |
ICICIdirect Review | Zerodha Review | |
---|---|---|
480 Customer Reviews | 478 Customer Reviews | |
Fees | ||
Brokerage | ||
Trading Platform | ||
Customer Service | ||
Overall Rating | ||
Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 480 customer reviews | Zerodha is Rated 3.7 / 5 based on 478 customer reviews |
Open ICICIdirect Account | Open Zerodha Account |
ICICIdirect Enquire | Zerodha Enquire | |
---|---|---|
Contact Broker | ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now | Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today. |
ICICIdirect | Zerodha | |
---|---|---|
Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options | ETF, Corporate Bonds, NCD, FD, Insurance |
ICICIdirect | Zerodha | |
---|---|---|
Customer Care Number | +91-22-28307780 | +91 80 4718 1888 |
Customer Care Email | nri@icicidirect.com | nridesk@zerodha.com |
Open ICICIdirect Account | Open Zerodha Account |
ICICIdirect | Zerodha | |
---|---|---|
Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
ICICIdirect | Zerodha | |
---|---|---|
Pros |
|
|
Cons |
|
|
Conclusion
|
ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings. |
Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs. |
Promo / Offers | ICICIdirect Special OfferICICIdirect Neo Plan (Discount Brokerage)Open a 3-in-1 account with Neo Plan for:
Interested in opening a trading account? Open Instant Account Now |
Zerodha Special OfferFree stock trading and mutual funds
This is a limited time offer. Open an instant Zerodha account online and start trading today. |
Open ICICIdirect Account | Open Zerodha Account |
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|