ICICI Direct Brokerage Charges, Review and Rating

Some Important Key Points about this Broker:

Broker Name icici direct
Official Website Link icici
Incorporated | Membership Details Year 2000 | NSE MEMBERSHIP Capital Market (CM) - INB230773037 Future & Options (F&O) - INF230773037 Currency Derivatives (CDS) - INE230773037 BSE MEMBERESHIP: Capital Market (CM) - INB011286854 Future & Options (F&O) - INF010773035
Registered Head Office Address ICICI Centre, H.T.Parekh Marg, Churchgate, Mumbai - 400 020
Customer Care Number and Email 022- 2288 2460 ,022- 2288 2470
Supported Exchanges NSE/BSE, CSDL/NSDL
CEO & Founders Ms. Chanda Kochhar(CEO)
Instant online A/C Opening ? No ! Unlike Few Advanced Discount Brokers ,Here Aadhaar based Instant Online A/C opening is NOT Available .
Account Opening Charge ₹ 975
Annual Maintenance Charge ₹ 700
Equity Delivery Brokerage min ₹ 35 to 2.5%
Equity Options Brokerage ₹ 50-95/lot
Equity & Future Intraday Brokerage min ₹ 25 to 2.5%
Important Brokerage Plans I-secure , I-saver and other Prepaid Plans
Leverage | Exposure Details Equity : Maximum upto 20 times for Ultimate plan and 10 times in Freedom Plan
Commodity Brokerage NOT AVAILABLE
Free Equity Investment No
Allow Mutual Fund Investment ? Yes
DP Transaction Charge EQUITY delivery & intraday : 0.00325% per Turnover , Equity Future : 0.00190% , Equity Option : 0.05% , Currency Future : 0.001% , Currency Option : 0.04%
Digital Contract Notes by Email Yes
Available on Platforms Android App- ICICI DIRECT MOBILE & Trader Race Web and Windows Software
Research Reports | Intraday Tips Yes
Other Services Offered by Broker ETF, Bonds, IPOs, NCD
Stock Market Education Tutotials Basic stock market tutorial , E-courses for fundamental learning and technical learning
Currency Future Brokerage 0.05% to 0.03%
Currency Option Brokerage ₹ 10 -25 / lot
Daily Online Trades Reports Yes
Branch Offices 250+ Branches across India
Call & Trade Charge first 20 call free in a month ,more than 20 calls will attract 25 per call .
3-in-1 Account Yes Available.
Average Number of Active Clients 7,33,090 by Nov 2017
Latest Info. on Complaints % at NSE 0.01% of total active client updated Nov 2017 for FY 2017-18
Stock Market No
NRI Investing and trading Yes
IPO Facility Yes
Overall Score 60/100


  • IPO allowed
  • Big Brand Name
  • Large No. Network of Branches


  • High Brokerage
  • Hidden Charges
  • Worst Customer Support
Broker's Rating by Users
[Total: 63 Average: 3.1]
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  • Never use this broker as my profitable trade go into the big loss just because of brokerage..

  • I have been a customer of ICICI Direct since inception – Apr 2000. I was willing to pay premium for better service but of late, over the last year or so, I have found their services lacking. Their intent is to squeeze you for maximum charges. Their method is sneaky. Their buy and sell recommendations are aligned to their interests of increasing brokerage rather than your profit. They make it very difficult for you to get info or contact them. No response or a poorly worded reply is all you can expect from their customer service or Relationship Manager. I am exiting after 20 years.

  • i don’t no your service. but most of customers says high brokerage and week customer care service so dear company please notice customer complaints. if noted the points you always go for success. good-luck.

  • My experience is this a fraud brokerage firm. Automatically call options are squared off.

  • Had been Happy with ICICI Direct but they proved to be completely ineffective and perhaps get no respect from their own arm the ICICI Credit Card department… showing absolutely no consideration for their clients and completely ignoring his portfolio and past record. Considering shifting to some other service provider in the new financial year.

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