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ICICI Direct

Best 3-in-1 Banking Brokerfull service

India's largest 3-in-1 banking broker with instant e-ATM payout & ICICI Neo discount plan

4.6 / 5.0(15,100 ratings)
•Active Clients: 21+ Lakhs•NSE Rank: #7
Open ICICI Direct 3-in-1 Account
⚡ ₹0 Account Opening + Instant 30-Min e-ATM Payout + Free Breeze API
Brokerage Value
4.4 / 5.0
Trading Platform
4.5 / 5.0
Customer Support
4.7 / 5.0
Server Reliability
4.8 / 5.0

ICICI Direct Brokerage Charges & Fees (2026)

Official tariff sheet for Equity Delivery, Intraday, Futures, Options, and Demat Maintenance.

Demat Account Opening Fee₹0 on Neo Plan
Annual Maintenance Charges (AMC)₹0 for 1st Year, then ₹300 to ₹700/year based on plan
Equity Delivery Brokerage₹0 (Neo Plan) / 0.55% (Standard Prime Plan)
Equity Intraday Brokerage₹20 flat per order (Neo Plan)
Equity Futures₹0 (Unlimited Futures under Neo Plan)
Equity Options₹20 flat per executed order
CDSL / NSDL DP Charges₹13.50 + GST per debit transaction
Margin Trading Facility (MTF) Interest9.65% to 13.90% p.a. (e-Margin facility)
Developer API PricingBreeze API (Free for retail traders)
Auto-Squareoff Fee₹50 per order

Why Choose ICICI Direct (Pros)

  • Seamless 3-in-1 Account linking ICICI Bank Savings, Demat, and Trading without manual fund transfers
  • e-ATM Facility: Receive up to ₹1 Crore in your bank account within 30 minutes of selling shares
  • ICICI Neo Plan offers competitive discount pricing: ₹0 Equity Delivery & ₹0 Futures + ₹20 flat Options
  • Free Breeze API with live WebSockets and official Python SDK for algorithmic trading
  • Top-rated fundamental and technical equity research team in Dalal Street

ICICI Direct Drawbacks (Cons)

  • Legacy pricing plans (Standard Prime) still have high percentage-based brokerage if not careful to select the Neo plan
  • High annual maintenance charges (AMC) on high-net-worth tier plans
  • Complex fee structure with multiple plan variants

The NiftyShares Verdict

With the introduction of the ICICI Neo plan, ICICI Direct combines the rock-solid trust and e-ATM 30-minute payout of a Tier-1 banking giant with modern ₹20 flat discount broking rates.

Best Suited For: High-net-worth investors, ICICI Bank customers, and traders wanting instant e-ATM liquidity.

Dalal Street Brokerage & Tax Calculator

Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.

Net Realized P&L
+₹4756.64
Gross P&L: ₹5000.00
Total Brokerage & Taxes
₹243.36
Brokerage: ₹0.00 | Govt Taxes: ₹243.36
Breakeven Price
₹1002.43
Need +₹2.43/share to cover costs
STATUTORY CHARGES BREAKDOWNTotal Turnover: ₹2,05,000
Brokerage (Zerodha)₹0.00
STT / CTT (Securities Transaction Tax)₹205.00
Exchange Turnover Charge (NSE)₹6.09
GST (18% on Brokerage & Trans. Charges)₹1.13
SEBI Turnover Charges₹0.20
Stamp Duty₹15.00
CDSL DP Charges (Upon selling)₹15.93
Z
ZerodhaBenchmark of India

Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity

Open Zerodha Demat Account

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Frequently Asked Questions About ICICI Direct

What is the ICICI Direct e-ATM facility?

e-ATM is an exclusive ICICI Direct feature that credits up to ₹1,00,00,000 (₹1 Crore) of stock sale proceeds directly into your ICICI Bank account within 30 minutes of selling shares, rather than waiting for standard T+1 settlement.

ICICI Direct Trader Community & Reviews

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