ICICI Direct Vs Zerodha Vs Upstox Share Broker Comparison

ICICI Direct Vs Zerodha Vs Upstox step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

ICICI Direct Vs Zerodha Vs Upstox Side-by-side Comparison

Broker NameICICI DirectZerodhaUpstox
Broker InfoICICI Direct ReviewZerodha ReviewUpstox Review

ICICI Direct Vs Zerodha Vs Upstox Background.

ICICI Direct Vs Zerodha Vs Upstox compare- Basic Background.

BackgroundICICI DirectZerodhaUpstox
Incorporation Year200020102011 Started as RKSV
Broker ServicesFull-Service Discount BrokerDiscount BrokerDiscount Broker
Website URLwww.icicidirect.comwww.zerodha.conwww.upstox.com
Contact Number1860 123 1122  080-40402020022-61309999
Exchanges AccessibleNSE, BSENSE, BSE, MCX-SX & MCXNSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)NSDL & CDSLCDSL – ZERODHA SECURITIES PVT. LTD.NSDL- Partnership with ILFS
Active Total Client10,00,000+ Clients8,00,000+ Clients100000+ Clients

Introduction

ICICI Direct Vs Zerodha Vs Upstox compare – Small Reviews and Broker Inquiry form.

IntroductionBroker Reviews / OpinionBroker Inquiry
ICICI DirectICICI Direct is a subsidary of ICICI bank. ICICIDirect is india’s one of the top 5 full service stock broker. Offers all services at one palce like Trading account+ Bank account+ Demat AccountGet Callback
ZerodhaZerodha is discount broker with Rs.20 per executed order brokerage plan. Customer care support is very good.
They offers Lowest trade commissions and margin rates in the industry. Web Trading is easy to use and a great compliment to the New Pi desktop platform.
Get Callback
UpstoxUpstox is reputed discount broker with low brokerage charges for per order. Customer care support is very good. Upstox is suitable for both the intraday trader as well as investors.Get Callback

Broker Ratings and Reviews

ICICI Direct Vs Zerodha Vs Upstox compare – Star ratings and reviews range of 1 to 5.

Broker Rating/ReviewsICICI DirectZerodhaUpstox
Opening Charges★★★★★★★★★★★★★★
Commissions & Fees★★★★★★★★★★★★★★
Trading Platforms & Tools★★★★★★★★★★★★★★
Order Execution★★★★★★★★★★★★★★
Fund Add/Withdraw★★★★★★★★★★★★★★
Customer Services★★★★★★★★★★★★★
Overall Rating★★★★★★★★★★★★★

Usable for Investors Category

ICICI Direct Vs Zerodha Vs Upstox Online compare – This stockbroker is useful for what kind of investor.

Useful for Type of InvestorsICICI DirectZerodhaUpstox
Day TradersYes, Available ✔Yes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔Yes, Available ✔

Account Opening Fees and AMC

ICICI Direct Vs Zerodha Vs Upstox compares – Comparison of two share broker for Trading Account, AMC etc.

Account Opening Fees and AMCICICI DirectZerodhaUpstox
Trading Account Opening Charges₹ 975Rs. 300 – for Trading & DEMATRs.150 for Equity 
Trading Annual Maintenance Charges₹ 0FreeFree
Demat Account Opening Fees₹ 0Rs. 300 – for Trading & DEMATRs.150
Demat Annual Maintenance Charges₹ 700Rs.300 + 18% GST for individualsRs.150/Per Annum (1st Year Free)
Commodity FeesNARs. 200 – for commodity accountRs.150 for Commodity Account
Offer DP ServiceYes, Available ✔Yes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans

ICICI Direct Vs Zerodha Vs Upstox compare – What types of brokerage plans are available to this stock broker?

Available Brokerage PlansICICI DirectZerodhaUpstox
Monthly SubscriptionNot Available, ✖Not Available, ✖Yes, Available ✔
Yearly SubscriptionNot Available, ✖Not Available, ✖Not Available, ✖
Multiple SubscriptionNot Available, ✖Not Available, ✖Not Available, ✖

Trading Brokerage Charges

ICICI Direct Vs Zerodha Vs Upstox compare – A complete comparison of brokerage charges between shares brokers for all segments.

Brokerage ChargesICICI DirectZerodhaUpstox
Plan Subscription SummeryPercentage Based Brokerage ChargesZerodha charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.Upstox charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.
Equity Intraday ChargesEquity Intraday 0.05%Rs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery ChargesDelivery 0.25%- NegotiableFreeFree
Equity Futures ChargesOne side for Intraday & 0.05% on Turnover overnightRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Equity Options ChargesIntraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lotRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Currency Futures ChargesOne side for Intraday & 0.05% on Turnover overnightRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Currency Options ChargesIntraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lotRs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Commodity ChargesNARs.20/executed order or 0.01% whichever is lower.Rs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage Fees0.05% OR 5 Paisa on 100 rupees0.01% Minimum0.01% Minimum
Any Hidden CostNo, ✖No, ✖No, ✖
Call & Trade ChargesFirst 20 Calls Free Than ₹ 25 per call & tradeRs 20 + 18% GST per orderRs 20 + 18% GST per order

Available Margins / Leverage

ICICI Direct Vs Zerodha Vs Upstox compare – Full comparison of the Available margins for all segments.

Margins or LeverageICICI DirectZerodhaUpstox
Equity Margin IntradayUpto 16x times for equity cash.No Margin for Delivery.Up to 15 times-Base Plan & Up to 20 times-Priority Plan.
Equity Margin DeliveryUpto 8x times for equity deliveryUp to 12.5 times equity intraday margin.No Margin for Delivery.
Equity Margin FuturesUpto 8x times for equity futuresUp to 2 times for future.Normal Margin-Up to 4 times for Index & Stock future. Priority Plan- Up to 5 times for Index & Stock future.
Equity Margin OptionsUpto 5x times for equity optionsUp to 3 times for shorting options, No for buying options.Normal Margin-Up to 4 times for Index & Stock option short. Priority Plan- Up to 5 times for Index & Stock options. No margin for option buying.
Currency Margin FuturesUpto 8x for currency futuresUp to 2.5 times for Intraday margin. 100% for carry forward.NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Currency Margin OptionsUpto 8x for currency optionsUp to 2.5 times for intraday, 100% for carry forward.NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Commodity MarginNAUp to 2.5 times for intraday, 100% for carry forward.NRML Plan: 2.5 times. Priority Plan: 3 times. NRML CO: 3 times. Priority CO: 4 times.

Transparency and Transaction and other Government charges, Taxes

ICICI Direct Vs Zerodha Vs Upstox compare – Comparison of all government charges and Taxes

Transparency & Other FeesICICI DirectZerodhaUpstox
Equity Day Trading0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Futures Trading0.0019% or Rs.190/per crore.0.0021% or Rs.210/per crore.0.0021% or Rs.210/per crore.
Equity Options Trading0.05% or Rs.5000/per crore.0.053% or Rs.5300/per crore.0.055% or Rs.5500/per crore.
Currency Futures Trading0.0011% or Rs.110/per crore.0.00135% or Rs.135/per crore.0.0015% or Rs.150/per crore.
Currency Options Trading0.04% or Rs.4000/per crore.0.044% or Rs.4400/per crore.0.06% or Rs.6000/per crore.
Commodities TradingNAAgri: Rs.275 per crore & Non-Agri: Rs.360 per crore.Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore.
AMC Charge₹ 700/- (1st year Free).Free for Trading AMC. Rs.300 PA for Demat AMCFree for Trading AMC. Rs.150 PA for Demat AMC
DP Transaction Fees₹ 25/per transaction.Equity Stock: Rs 13.5 per scrip charged on T+2 days(+18% GST), Mutual Funds: Rs 5.5 per scrip charged on the date of redemption(+18% GST)Rs 15.50 per debit instruction
Offline order placing Charge₹ 25 /per call.Rs. 20 per orderRs. 20 per order
Sebi ChargesRs.15/per cr.Rs.15/per cr.Rs.15/per cr.
GST 18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.
Stamp Duty As per Clients state.As per Clients state.As per Clients state.

Available Trading Platform / Software

ICICI Direct Vs Zerodha Vs Upstox compare – All three trading platform names and URL path to download.

Trading Platforms / SoftwareICICI DirectZerodhaUpstox
Desktop Trading PlatformTrade RacerZerodha PiDartstock/NEST TRADER/FOX TRADER
Web Basedsecure.icicidirect.comkite.zerodha.compro.upstox.com
Mobile ApplicationICICI Direct MobileKite by ZerodhaUpstox

Trading Platform Details

ICICI Direct Vs Zerodha Vs Upstox compare – Side-by-side comparison of trading platforms features.

Trading Platform DetailsICICI DirectZerodhaUpstox
Demo (Desktop) PlatformDemo LinkYes, Available ✔Yes, Available ✔
Windows Desktop platform Yes, Available ✔Yes, Available ✔Yes, Available ✔
MAC Desktop platform No, ✖No, ✖No, ✖
Web Trading URLsecure.icicidirect.comkite.zerodha.compro.upstox.com
Web Trading Portals InfoYes, Available ✔zerodha.comUpstox.com
Mobile SiteYes, Available ✔Yes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔Yes, Available ✔
Mobile Trading ApplicationDownload LinkKite zerodhaUpstox
Mobile App DemoDemo LinkDemoDemo
Android / Ios Mobile AppYes, ✔ Both AvailableYes, ✔ Both AvailableYes, ✔ Both Available

Charting Facility

ICICI Direct Vs Zerodha Vs Upstox compare – Charts, types of charts and more.

ChartingICICI DirectZerodhaUpstox
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Coding/BacktestingNo, ✖Not Available, ✖Not Available, ✖

Reporting

ICICI Direct Vs Zerodha Vs Upstox compare – Profit and loss Statements, Trading details on register email id and trading contract notes.

ReportingICICI DirectZerodhaUpstox
Trade Online  ReportsYes, Available ✔Yes, Available ✔Yes, Available ✔
PNL Online ReportsYes, Available ✔Yes, Available ✔Yes, Available ✔
Online Contract Notes Yes, Available ✔Yes, Available ✔Yes, Available ✔

Trading Support and Tools

ICICI Direct Vs Zerodha Vs Upstox compare – Complete comparison between tools and other supported options.

Support & ToolsICICI DirectZerodhaUpstox
Research & TipsYes, Available ✔No, ✖No, ✖
Brokerage CalculatorNo, ✖Yes, Available ✔Yes, Available ✔
Span Margin CalculatorNo, ✖Yes, Available ✔Yes, Available ✔
Trailing StoplossNo, ✖No, ✖No, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features

ICICI Direct Vs Zerodha Vs Upstox compare – Before open account with any two share broker of this pls compare available features rather than buying and selling.

Useful Trading FeaturesICICI DirectZerodhaUpstox
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔Yes, Available ✔ Link with IDFC bankNo, ✖
Instant Fund withdrawalYes, Available ✔No, ✖(24 hours)No, ✖(24 hours)
Relationship Managers (RM)Yes, Available ✔No, ✖No, ✖
ChartsYes, Available ✔Yes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖No, ✖
Mobile SMS AlertsYes, Available ✔Yes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS)Yes, Available ✔(Free)
Online DemoYes, Available ✔Yes, Available ✔Yes, Available ✔
Online Portfolio Yes, Available ✔Yes, Available ✔Yes, Available ✔
Margin for Future TradingYes, Available ✔Yes, Available ✔Yes, Available ✔
Combined Records for Equity & CommodityYes, Available ✔Yes, Available ✔Yes, Available ✔
Intraday Sq.off Timing3.15 PM3.20 PM3.15 PM
Can NRI TradeYes, Available ✔Yes, Available ✔Yes, Available ✔
Extra FeaturesAsk to BrokerPivot Point Indicator on ChartPivot Point Indicator on Chart

Services and Available Option Category

ICICI Direct Vs Zerodha Vs Upstox compare – Many share brokers offer investment options like banking, insurance etc.

Investment Service and Available OptionsICICI DirectZerodhaUpstox
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Commodity Yes, Available ✔Yes, Available ✔Yes, Available ✔
Online IPO RequestYes, Available ✔No, ✖No, ✖
Mutual Funds (MF)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Bonds / Negotiable Certificate of DepositYes, Available ✔No, ✖No, ✖
Exchange-Traded Fund (ETF)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Banking ServicesYes, Available ✔No, ✖No, ✖
Direct InsuranceYes, Available ✔No, ✖No, ✖
Forex InvestmentYes, Available ✔No, ✖No, ✖
MF SIP InvestmentsYes, Available ✔No, ✖No, ✖
PMS ServicesYes, Available ✔No, ✖No, ✖
Other OptionsAsk to BrokerAsk to BrokerAsk to Broker

Fund ADD / Fund Withdrawal Procedure

ICICI Direct Vs Zerodha Vs Upstox compares – Comparison of Fund pay-in & Payout available options, Timing and available banks.

Fund Add/Withdrawal ProcessICICI DirectZerodhaUpstox
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank TranferAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank TranferAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout24 hours (working days)24 hours (working days).24 hours (working days).
Linked BankYou can linked ICICI Bank accountNear about 22 bank available for fund credit and Rs.9 for per transaction.Near about 30 bank available for fund credit and Rs.7 for per transaction.

Trading Order Types

ICICI Direct Vs Zerodha Vs Upstox compare – A side-by-side comparison of differently operate available trading orders.

Trading Order TypesICICI DirectZerodhaUpstox
Cash N Carry (CNC Order)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Margin Intraday Square (MIS Order)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Normal (NRML Order)Yes, Available ✔Yes, Available ✔Yes, Available ✔
Cover OrderYes, Available ✔Yes, Available ✔Yes, Available ✔
Bracket OrderNo, ✖Yes, Available ✔Yes, Available ✔
Buy Today Sell Tomorrow (BTST)No InformationYes, Available ✔Yes, Available ✔
Sell Today Buy Tomorrow (STBT)No InformationYes, Available ✔Yes, Available ✔
AMO -After Market OrderYes, Available ✔Yes, Available ✔Yes, Available ✔
GTG-Good Till CancelledYes, Available ✔No, ✖No, ✖

Customer Care Services and Numbers

ICICI Direct Vs Zerodha Vs Upstox compare – Customer care complete comparison.

Customer Care ServicesICICI DirectZerodhaUpstox
Customer Care Service 24/7No, ✖No, ✖No, ✖
Email SupportYes, Available ✔Yes, Available ✔Yes, Available ✔
Live Chat OnlineNo, ✖No, ✖No, ✖
Phone SupportYes, Available ✔Yes, Available ✔Yes, Available ✔
Toll-Free NumberYes, Available ✔No, ✖No, ✖
Support by BranchYes, Available ✔Yes, Available ✔Yes, Available ✔(Main Office)
Customer Care Contact Number1860 123 1122  91 8040402020 91 2261309999
Account Opening ProcedurePaperlessPaperlessPaperless
Customer Support Emailcustomercare@icicisecurities.comsupport@zerodha.comsupport@upstocx.com
Complaints Support Emailcomplianceofficer@icicisecurities.comcomplaints@zerodha.comcomplaints@upstox.com, complaints.mcx@upstox.com
Educational BlogFinancial Services BlogYes, Available ✔Yes, Available ✔
Head Office AddressICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai – 400020
#153/154 4th Cross Dollars Colony, Opp. Clarence Public School,
J.P Nagar 4th Phase, Bangalore – 560078
30th Floor,
Sunshine Tower,
Senapati Bapat Marg,
Dadar West,
Mumbai 400013

Investment Advice/Tips/ Research & Reports

ICICI Direct Vs Zerodha Vs Upstox compare – Comparison of Advisory, Analysis reports, and Tips, research etc.

Investment Advice -Tips, Research & ReportsICICI DirectZerodhaUpstox
Equity ResearchYes, Available ✔No, ✖No, ✖
Mutual Fund ResearchYes, Available ✔Yes, Available ✔No, ✖
ETF ResearchNo, ✖No, ✖No, ✖
Daily ReportYes, Available ✔No, ✖No, ✖
Free Tips- AdvisoryYes, Available ✔No, ✖No, ✖
Company Result AnalysisYes, Available ✔No, ✖No, ✖
News & AlertsYes, Available ✔No, ✖No, ✖

Advantages & Disadvantages

ICICI Direct Vs Zerodha Vs Upstox compare – Promotional offers Pros and Cons share broker comparison

Advantages & DisadvantagesICICI DirectZerodhaUpstox
Pros / Likes3-IN-1 Account AvialbleRs. 0 for Equity Delivery.No charges for Equity Delivery
Excellent Customer Care SupportExcellent Trading Platforms.Technically high-edge Trading Platform
Branches in your city.Customer care support is very good.Excellent Customer care Support
Fast & Secure Trading Platform Easy account openign procedure.Direct mutual fund investments.
Experince in stock brokingDirect mutual fund investmenst.Different types of orders types available.
cons / DislikesHigh Brokerage ChargesRs.20 Extra for call n trade.No stock tips / advisory.
MCX and NCDEX commodity trading is unavailable.No stock advisory.Online IPO Application not available.
Higher charges of Rs.25 per transaction for Demat.Online IPO Application not available.Rs.20 Extra for call n trade.
Rs.25 Extra for call n trade.
Promotion or offer1st Year Free Demat Annual Maintenance Charges (AMC)Free equity delivery trading and only Rs.20 or 0.01 % whichver is lowest brokergerage chargesFree equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges.

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