ICICI Direct vs Fyers – Compare Charges, Trading Features, Offers & more

Find a Comparison of ICICI Direct vs Fyers here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of ICICI Direct and Fyers.

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ICICI Direct vs Fyers – Company Overview

Company Overview ICICI Direct Fyers
Company Type Public Private
Headquarters Mumbai Bangalore
Founder Vjay Chandok Tejas Khoday, Shreyas Khodey & Yashas Khodey
Establishment Year 1994 2015

Compare the Brokerage of ICICI Direct and Fyers

Brokerage ICICI Direct Fyers
Brokerage Plan Neo Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.27% of Total Transaction Free
Equity Intraday Rs.20 per Trade Rs.20 per Trade or 0.03% (whichever is Low)
Equity Future Free Rs.20 per Trade or 0.03% (whichever is low)
Equity Option Rs.20 per Trade Rs.20 per Trade
Commodity Future Rs.20 per Trade Rs.20 per Trade or 0.03% (whichever is low)
Commodity Option Rs.20 per Trade Rs.20 per Trade
Currency Future Rs.20 per Trade Rs.20 per Trade or 0.03% (whichever is low)
Currency Option Rs.20 per Trade Rs.20 per Trade

ICICI Direct vs Fyers – Trading Platforms

Trading Platforms ICICI Direct Fyers
Android App ICICI Direct Android App Link Fyers Android App Link
iOS App ICICI Direct iOS App Link Fyers iOS App Link
Web Trading Platform ICICI Direct Web Trading Link Fyers Web Trading Link
Trading Terminal Available Available
Algo Trading Platform Available Available
Foreign Stocks Trading Platform NA NA
Basket Trading Platform Available Available
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform Available NA
Bonds Investment Platform Available NA

Comparison of ICICI Direct and Fyers – Trading Features

Trading Features ICICI Direct Fyers
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes No
Online MF Buy Yes No
Research Reports Yes Yes
Global indices Yes No
Customised Recommendations Yes Yes
Stock tips Yes Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare ICICI Direct vs Fyers Offers

Offers ICICI Direct Fyers
Free Account Opening Yes Yes
Free AMC No Yes
Free Brokerage Yes Yes, Limited
Flat Brokerage Yes, Limited Yes
Flexible Brokerage Plans Yes No
Happy Trading Hours Yes No
Free Delivery Trading No Yes
Free Intraday Trading No No
Free F&O Trading Yes No
Free Research Reports Yes No
Free Trading calls Yes No
Referral Offers Rs.500 per Client 20% of Revenue
Margin Funding / Pledging Yes Yes
Brokerage Cashback Yes No
Zero Brokerage for Loss Making Trades No No

ICICI Direct vs Fyers – Products Provided

Products Provided ICICI Direct Fyers
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking Yes No
Insurance Yes No
Corporate Bonds Yes No
Govt. Bonds Yes Yes
Digital Gold No No

ICICI Direct vs Fyers – Services Provided

Services Provided ICICI Direct Fyers
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account Yes No
Stock Research Yes No
Stock Recommendations Yes No
Trading Institution Yes, iLearn Yes, School of Stocks
Share Pledging Yes Yes
PMS or PCG Yes No
NRI Services Yes No

Compare ICICI Direct and Fyers Advisory

Advisory ICICI Direct Fyers
Fundamental Reports Yes Yes
Research Reports Yes Yes, chargeable
Company Reports Yes Yes, chargeable
Annual Reports Yes No
IPO Reports Yes No
Technical Reports Yes No
Stock Tips Yes Yes, chargeable
Daily Top Stock Picks Yes Yes, chargeable
Daily Market Review Yes Yes, chargeable
Monthly Review Yes No
Weekly Review Yes Yes, chargeable
Relationship Manager Yes No
Robo Advisory No No

Comparison of ICICI Direct and Fyers Exposure

Exposure ICICI Direct Fyers
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of ICICI Direct & Fyers

Programs ICICI Direct Fyers
Sub Broker Program Yes Yes, Limited
Partner Program Yes Yes
Referral Program Yes Yes

ICICI Direct vs Fyers – Ratings by Finec

Ratings ICICI Direct Fyers
Overall Rating 9.65 / 10 8.20 / 10
Customer Support 9.61 / 10 8.16 / 10
Technology 9.77 / 10 8.29 / 10
Charges 9.69 / 10 8.23 / 10
Products & Service 9.60 / 10 8.15 / 10
Experience 9.58 / 10 8.13 / 10

Compare Customer Support of ICICI Direct and Fyers

Customer Support ICICI Direct Fyers
Trading Support Available, Free Available, Chargeable
Dedicated Dealer Available, Free NA
Call Support 1860-123-1122 080-60001111
Email Support helpdesk@icicidirect.com support@fyers.in
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link Telegram Support Link
Branches / Offices Available NA

Comparison of ICICI Direct & Fyers Complaints

Complaints ICICI Direct Fyers
Total Complaints Lodged 402 132
Total Complaints Resolved 337 118
% of Resolved Complaints 83.83% 89.39%
Non Actionable Complaints 16 10
% of Non Actionable Complaints 3.98% 7.58%

Compare Demat Charges of ICICI Direct vs Fyers

Demat Charges ICICI Direct Fyers
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.300 per Year Free (limited period offer)

ICICI Direct vs Fyers – Compare STT & CTT

STT & CTT ICICI Direct Fyers
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of ICICI Direct and Fyers

Stamp Duty ICICI Direct Fyers
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

ICICI Direct vs Fyers – Transaction Charges

Transaction Charges ICICI Direct Fyers
Equity Delivery 0.00325% (NSE) & As per Stock (BSE) 0.00325% (NSE) 0.00375% (BSE)
Equity Intraday 0.00325% (NSE) & As per Stock (BSE) 0.00325% (NSE) 0.00375% (BSE)
Equity Future 0.0019% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.053% (on premium) 0.05% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0026% (Non-Agri)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future 0.0009% (NSE) & 0.00022% (BSE) 0.0009% (NSE)
Currency Option 0.035% (NSE) & 0.001% (BSE) 0.035% (NSE)

Compare Pledge Charges of ICICI Direct & Fyers

Pledge Charges ICICI Direct Fyers
Pledge Creation Charges 0.02% of Value Nil
Pledge Invocation Charges 0.02% of Value Nil
Interest on Margin Trading 0.07% per day Nil

Comparison of ICICI Direct and Fyers – Hidden Charge

Hidden Charge ICICI Direct Fyers
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip only on Sell Rs.15 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Free Nil
Reactivation Charges Free Nil
Dematerialisation Charges Rs.50 per Certificate Nil
Call & Trade Charges Free – 1st 20 Calls per Month Rs.50 per Trade

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