Detailed side-by-side comparison of brokerage rates, account maintenance fees, trading platforms, and user ratings to help you choose the winner for your trading style.
India's largest 3-in-1 banking broker with instant e-ATM payout & ICICI Neo discount plan
Full-stack discount broker with AI advisory ARQ Prime and free equity delivery
| Feature / Metric | ICICI Direct | Angel One |
|---|---|---|
| Category | full service | discount |
| Active NSE Clients | 21+ Lakhs (Rank #7) | 68+ Lakhs (Rank #3) |
| Account Opening Fee | ₹0 on Neo Plan | ₹0 (Free Online Demat) |
| Annual Maintenance Charges (AMC) | ₹0 for 1st Year, then ₹300 to ₹700/year based on plan | ₹0 for 1st Year, then ₹20/month + GST (₹240/yr) |
| Equity Delivery Brokerage | ₹0 (Neo Plan) / 0.55% (Standard Prime Plan) | ₹0 (Free Lifetime) |
| Equity Intraday Brokerage | ₹20 flat per order (Neo Plan) | ₹20 or 0.25% (whichever is lower) per order |
| Equity Options Brokerage | ₹20 flat per executed order | ₹20 flat per executed order |
| CDSL DP Charges (Per Sell Debit) | ₹13.50 + GST per debit transaction | ₹15.50 + GST per debit transaction |
| Margin Trading (MTF) Interest Rate | 9.65% to 13.90% p.a. (e-Margin facility) | 14.99% p.a. (Margin Trading Facility up to 4x leverage) |
| Developer / Algorithmic API | Breeze API (Free for retail traders) | Free (SmartAPI with Python, Node.js, Java SDKs) |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.02% | 0.04% |
High-net-worth investors, ICICI Bank customers, and traders wanting instant e-ATM liquidity.
Traders wanting free research advisory reports combined with low discount brokerage and free algo APIs.
Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.
Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity
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