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
Pioneer of discount broking with India's benchmark Kite trading platform
| Feature / Metric | ICICI Direct | Zerodha |
|---|---|---|
| Category | full service | discount |
| Active NSE Clients | 21+ Lakhs (Rank #7) | 76+ Lakhs (Rank #2) |
| Account Opening Fee | ₹0 on Neo Plan | ₹200 (Equity & F&O) |
| Annual Maintenance Charges (AMC) | ₹0 for 1st Year, then ₹300 to ₹700/year based on plan | ₹300/year + 18% GST (Billed ₹75/quarter) |
| 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 0.03% (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 debit per ISIN (CDSL) |
| Margin Trading (MTF) Interest Rate | 9.65% to 13.90% p.a. (e-Margin facility) | 10.5% p.a. (0.028% per day via Margin Trading Facility) |
| Developer / Algorithmic API | Breeze API (Free for retail traders) | ₹2,000/month (Kite Connect API) + ₹2,000 for Historical Data |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.02% | 0.02% |
High-net-worth investors, ICICI Bank customers, and traders wanting instant e-ATM liquidity.
Serious long-term investors, swing traders, and active traders demanding a clean, stable UI.
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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