Compare brokerage charges, account fees, apps, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-07-28
About Zerodha
Zerodha 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 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.
Zerodha vs ICICI Direct: Quick comparison
Feature
Zerodha
ICICI Direct
Broker type
Discount Broker
Bank Broker
Account opening
₹200 for equity account; commodity account charges may apply
Plan-dependent; verify selected plan
Annual maintenance
₹300 + GST per year for non-BSDA individual accounts; verify current tariff
Plan/account-dependent; verify current tariff
Equity delivery
₹0 brokerage on equity delivery
Plan-dependent
Equity intraday
0.03% or ₹20 per executed order, whichever is lower
Plan-dependent; Neo/Prime/iValue plans differ
Futures
0.03% or ₹20 per executed order, whichever is lower
Plan-dependent
Options
₹20 per executed order
Plan-dependent
Commodity
Available 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.
Currency
Available 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 charges
Charged 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.
MTF
Availability, 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 & trade
May attract an additional assisted-order charge; verify the current tariff.
May attract an additional assisted-order charge; verify the current tariff.
Customer support
Official 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.
Platforms
Kite, Console, Coin and developer APIs
Products
Equity, F&O, commodity, currency, IPO, mutual funds and bonds
Established broker/platform access; integrated Kite, Console, Coin and developer APIs; broad access to Equity, F&O, commodity, currency, IPO, mutual funds and bonds.
Cons
Charges may vary by plan or promotional period; some segments require separate activation; users should verify the latest tariff and platform availability.
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.
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.
Zerodha 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 Zerodha?
Zerodha 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 Zerodha 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 Zerodha?
The products field on this page lists the major investment and trading segments available through Zerodha. Availability and activation requirements may vary by user and segment.
Who should consider Zerodha?
Zerodha 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 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.