Compare between ICICIDirect and Zerodha?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

ICICI Direct is a full-service broker whereas Zerodha is a discount broker. In addition to Zerodha, ICICI offers free research, margin against shares, ASBA IPO application, and fund payouts in 30 minutes. Unlike Zerodha, ICICI Direct provides a 3-in-1 account.

Both ICICI and Zerodha charge the same flat Rs 20 per trade brokerage in Intraday, Equity Options, Currency F&O, and Commodity F&O. ICICI charges higher brokerage (0.55%) for equity delivery whereas Zerodha offers it brokerage-free. ICICI Direct offers brokerage-free trading in Eq Futures whereas Zerodha charges Rs 20 per trade.

Compare Between ICICIDirect and Zerodha

ICICI Direct	Zerodha
Full-Service Broker	Discount Broker
Have 100's of branches	No branches
Personalized services through relationship manager.	No personalized services.
Free research and trading tips.	No research was provided.
Offer 3-in-1 account	Offer 2-in-1 account
% based brokerage charges. 0.55% for equity delivery.	Flat Rs 20 per trade brokerage. Free for equity delivery.
Brokerage-free Equity Futures trading.	Rs 20 per trade brokerage for Equity Futures trading.
Free trading website and mobile app. Paid installable trading terminal.	Free trading website and mobile app. Doesn't offer a trading terminal.
Also offer Mutual Funds, Insurance, Corporate FDs, Bonds, IPO and Loans	Offer Mutual funds and online IPO.
Offers margin funding.	No margin funding.
The minimum brokerage charge is Rs 35 per trade in Equity delivery trades.	The minimum brokerage charge is 0.03% which is very low.

Find more detail at:

ICICI Direct vs Zerodha - Detail Comparison
Full-Service Vs Discount Broker

Topic: ICICIdirect Vs Zerodha Broker Comparison

Comments

Add a public comment...

Find more questions on this topic

Ask Your Question