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About ICICI Direct
ICICI Direct is one of India’s leading retail stock dealers. It is a subsidiary of the ICICI Group. Over 50 lakh people use its online trading and investment services. Equity, commodity, and currency trading are available at the BSE, NSE, and MCX. The company also provides mutual funds and initial public offerings (IPOs), fixed deposits … >> More

About 5Paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at …  >> More

ICICI Direct Vs 5Paisa

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India.

ICICI Direct5paisa
Type of BrokerFull Service BrokerDiscount Broker
Exchange Membership BSE, NSENSE, BSE
Year of Incorporation 20001996
Number of Branches 1541

ICICI Direct Vs 5paisa Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while 5paisa account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and 5paisa Demat Account AMC Charges is Rs 300.

ICICI Direct5paisa
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 (from 2nd year)Rs 300

ICICI Direct Vs 5paisa Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas 5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type ICICI Direct ICICI Neo Plan 5paisa Regular Account Plan
Fixed Charges NANA
Equity Delivery 0.55% Rs 20 per executed order
Equity Intraday Rs 20 per order Rs 20 per executed order
Equity Futures Rs 0 (Free) Rs 20 per executed order
Equity Options Rs 20 per order Rs 20 per executed order
Currency Futures Rs 20 per order Rs 20 per executed order
Currency Options Rs 20 per order Rs 20 per executed order
Commodity Futures Rs 20 per order Rs 20 per executed order
Commodity Options Rs 20 per order Rs 20 per executed order
Icici Direct-Flash Trade

ICICI Direct Vs 5paisa Brokerage Plan 2

ICICI Direct5paisa
Account TypeI-Secure PlanPower Investor Pack
Fixed Charges NARs 599 per month
Equity Delivery 0.55%Rs 10 per executed order
Equity Intraday 0.275%Rs 10 per executed order
Equity Futures 0.05%Rs 10 per executed order
Equity Options Rs 95 per lotRs 10 per executed order
Currency Futures Rs 20 per orderRs 10 per executed order
Currency Options Rs 20 per orderRs 10 per executed order
Commodity Futures Rs 20 per orderRs 10 per executed order
Commodity Options Rs 20 per orderRs 10 per executed order

ICICI Direct Vs 5paisa Brokerage Plan 3

ICICI Direct5paisa
Account Type ICICI Neo Plan Ultra Trader Pack
Fixed Charges NA Rs 1199 per month
Equity Delivery 0.55%Rs 10 per executed order
Equity Intraday Rs 20 per order Rs 10 per executed order
Equity Futures Rs 0 (Free) Rs 10 per executed order
Equity Options Rs 20 per order Rs 10 per executed order
Currency Futures Rs 20 per order Rs 10 per executed order
Currency Options Rs 20 per order Rs 10 per executed order
Commodity Futures Rs 20 per orderRs 10 per executed order
Commodity Options Rs 20 per orderRs 10 per executed order

ICICI Direct Charges Vs 5paisa

Minimum Brokerage Rs 35 per trade (I-Secure Plan) Rs 20 per trade
Other Charges Margin Trading Interest: 0.025% Per day
Call & Trade Charges Rs 50 per trade Rs 100 per call (any number of trades in a call)
Equity Delivery 0.55%Rs 10 per executed order
Equity Intraday Rs 20 per order Rs 10 per executed order
Equity Futures Rs 0 (Free) Rs 10 per executed order
Equity Options Rs 20 per order Rs 10 per executed order
Currency Futures Rs 20 per order Rs 10 per executed order
Currency Options Rs 20 per order Rs 10 per executed order
Commodity Futures Rs 20 per orderRs 10 per executed order
Commodity Options Rs 20 per orderRs 10 per executed order

ICICI Direct Vs 5paisa Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while 5paisa exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

ICICI Direct 5paisa
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) Grp A: 0.0026%

ICICI Direct Vs 5paisa Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the 5paisa margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

ICICI Direct 5paisa
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)

Compare ICICI Direct and 5paisa Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. 5paisa offers 5paisa Trade Station (Web, Mobile App and EXE) trading software.

ICICI Direct 5paisa
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App 5paisa Trade Station (Web, Mobile App and EXE)
Intraday Square-off Time 3:30 PM Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader

ICICI Direct Vs 5paisa Investment Options

ICICI Direct 5paisa
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPSMutual Funds, Insurance

ICICI Direct Vs 5paisa Order Type Offered

ICICI Direct 5paisa
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

ICICIdirect Vs 5paisa Research Report

ICICI Direct 5paisa
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs 5paisa Suitable For Investor Type

ICICI Direct 5paisa
Casual Investor
Active Investor
Trader

ICICI Pros & Cons:

Pros

Cons

5Paisa Pros and Cons:

Pros

Cons

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Top Brokers in India with Best Trading Apps

The world of trading has been revolutionised in recent years by the introduction of trading apps.

These apps have made trading more accessible, convenient, and affordable than ever before, allowing people to trade on-the-go using just their smartphone or tablet. With so many trading apps available on the market, it can be difficult to know which one to choose.

We’ll take a look at some of the best trading apps in India available today, comparing Angel One, Zerodha, Upstox, Alice Blue, SAMCO, and ICICI Direct.

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