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Broker Comparison

ICICI Direct vs Dhan

Compare brokerage charges, account fees, apps, products, MTF, advantages and limitations before choosing a broker.

Data verified: 2026-07-28

About ICICI Direct

ICICI Direct is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.

About Dhan

Dhan is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.

ICICI Direct vs Dhan: Quick comparison

FeatureICICI DirectDhan
Broker typeBank BrokerDiscount Broker
Account openingPlan-dependent; verify selected plan₹0 for online account opening
Annual maintenancePlan/account-dependent; verify current tariff₹0; verify current tariff
Equity deliveryPlan-dependent₹0 brokerage on equity delivery
Equity intradayPlan-dependent; Neo/Prime/iValue plans differ₹20 or 0.03% per executed order, whichever is lower
FuturesPlan-dependent₹20 or 0.03% per executed order, whichever is lower
OptionsPlan-dependent₹20 per executed order
CommodityAvailable only where enabled by the broker; verify current segment availability and tariff.Available only where enabled by the broker; verify current segment availability and tariff.
CurrencyAvailable only where enabled by the broker; verify current segment availability and tariff.Available only where enabled by the broker; verify current segment availability and tariff.
DP chargesCharged on eligible Demat debit transactions; verify the current per-ISIN tariff on the official pricing page.Charged on eligible Demat debit transactions; verify the current per-ISIN tariff on the official pricing page.
MTFAvailability, eligible securities and interest rate are broker/plan-dependent; verify the official MTF terms.Availability, eligible securities and interest rate are broker/plan-dependent; verify the official MTF terms.
Call & tradeMay attract an additional assisted-order charge; verify the current tariff.May attract an additional assisted-order charge; verify the current tariff.
Customer supportOfficial app/web help centre, ticket, email and/or phone support; channels vary by broker.Official app/web help centre, ticket, email and/or phone support; channels vary by broker.

ICICI Direct platforms

  • ICICI Direct app and web platform

Products

  • Equity, F&O, commodity, currency, IPO, mutual funds, bonds and 3-in-1 banking

Dhan platforms

  • Dhan app, Dhan Web, Options Trader, TradingView integration and APIs

Products

  • Equity, F&O, commodity, currency, IPO, mutual funds, ETFs and MTF

ICICI Direct pros and cons

Pros

  • Established broker/platform access; integrated ICICI Direct app and web platform; broad access to Equity, F&O, commodity, currency, IPO, mutual funds, bonds and 3-in-1 banking.

Cons

  • Charges may vary by plan or promotional period; some segments require separate activation; users should verify the latest tariff and platform availability.

Dhan pros and cons

Pros

  • Established broker/platform access; integrated Dhan app, Dhan Web, Options Trader, TradingView integration and APIs; broad access to Equity, F&O, commodity, currency, IPO, mutual funds, ETFs and MTF.

Cons

  • Charges may vary by plan or promotional period; some segments require separate activation; users should verify the latest tariff and platform availability.

Which broker should you choose?

Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.

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Frequently asked questions

Is ICICI Direct a SEBI-registered stock broker?

ICICI Direct operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.

What are the brokerage charges at ICICI Direct?

ICICI Direct brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.

Does ICICI Direct charge Demat AMC?

Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.

Which products are available on ICICI Direct?

The products field on this page lists the major investment and trading segments available through ICICI Direct. Availability and activation requirements may vary by user and segment.

Who should consider ICICI Direct?

ICICI Direct may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.

Is Dhan a SEBI-registered stock broker?

Dhan operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.

What are the brokerage charges at Dhan?

Dhan brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.

Does Dhan charge Demat AMC?

Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.

Which products are available on Dhan?

The products field on this page lists the major investment and trading segments available through Dhan. Availability and activation requirements may vary by user and segment.

Who should consider Dhan?

Dhan may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.