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
India's #1 stock broker by active client count with an ultra-intuitive mobile UI
| Feature / Metric | ICICI Direct | Groww |
|---|---|---|
| Category | full service | discount |
| Active NSE Clients | 21+ Lakhs (Rank #7) | 1.2+ Crore (Rank #1) |
| Account Opening Fee | ₹0 on Neo Plan | ₹0 (Free 100% Digital KYC) |
| Annual Maintenance Charges (AMC) | ₹0 for 1st Year, then ₹300 to ₹700/year based on plan | ₹0 (Lifetime Zero AMC) |
| Equity Delivery Brokerage | ₹0 (Neo Plan) / 0.55% (Standard Prime Plan) | ₹20 or 0.05% (whichever is lower) per order |
| Equity Intraday Brokerage | ₹20 flat per order (Neo Plan) | ₹20 or 0.05% (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 | ₹13.50 + GST per company debit per day |
| Margin Trading (MTF) Interest Rate | 9.65% to 13.90% p.a. (e-Margin facility) | 12% p.a. (Groww Pay Later / MTF) |
| Developer / Algorithmic API | Breeze API (Free for retail traders) | Not Publicly Available |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.02% | 0.03% |
High-net-worth investors, ICICI Bank customers, and traders wanting instant e-ATM liquidity.
Beginners, first-time investors, SIP mutual fund accumulators, and casual equity buyers.
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
Which one do you use as your primary broker? Share your real experience on Dalal Street.