ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc.

ICICIdirect’s most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account. The 3 in 1 account offers a seamless trading experience.

ICICIdirect offers multiple brokerage plans i.e. I-Secure Plan, ICICIdirect Prime Plan, Lifetime Prepaid Brokerage Plan, and Neo Plan.

ICICI Neo Plan is a flat rate brokerage plan. It offers brokerage-free equity futures trading. It charges flat Rs 20 per executed order brokerage for Equity Intra-day and Options trading and 0.55% brokerage for equity delivery. This plan offers access to trading tips and research, 5 minutes payout when selling shares, and margin funding at a low-interest rate.

ICICIdirect offers a unique and wide range of Products and features like One Click Equity, Margin Trading Funding (MTF),Smart Trading features and ease of investing in equity with Systematic Equity Plan and much more.

ICICIdirect USP

What makes ICICIdirect different from the competition?

  • Offer 3-in-1 Account.
  • Support in local ICICI Bank branches.
  • Trusted brand.

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)
Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account?

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Account Types

  • 3-in-1 Account
    A 3-in-1 account is a combination of the bank, trading, and demat accounts. These accounts are linked together for seamless transactions between them.
  • 2-in-1 Account
    A 2-in-1 account consists of a trading and a demat account. The customer can use their non-ICICI bank account to connect to the trading and demat accounts. This allows customers to avoid opening a new bank account with ICICI bank to trade and invest with ICICIdirect.

ICICIdirect Charges 2022

ICICIdirect Account Opening Charges and AMC

Transaction Charges
Account Opening Charges Rs 0 (Free)
Demat Account Annual Maintenance Charges AMC Rs 300 per year
Demat Debit Transaction Charges (Sell Orders) Rs 20 per transaction
Call & Trade Charges Rs 50 per order

ICICI offers 4 types of brokerage plans to its customer:

1.ICICI Neo Plan

ICICI Neo Plan offers brokerage-free trading in Equity Futures. It charges Rs 20 per trade brokerage for Intraday and F&O, and 0.55% brokerage for Equity Delivery.

ICICI Neo Plan Brokerage Charges

Segment Brokerage
Equity Delivery 0.55%
Equity Intraday Rs 20 per executed order
Equity Future Rs 0 (Free)
Equity Options Rs 20 per executed order
Currency F&O Rs 20 per executed order
Commodity F&O Rs 20 per executed order
NCDs / Bonds 0.75%

2. ICICIdirect Prime Plan

ICICIdirect Prime plan is designed to reduce the brokerage charges and also get money instantly in their bank account when selling shares. This plan also offers exclusive research to members. Four prime plans – Rs 299, Rs 1,999 and Rs 2,999 are available to customers and each of these plans offers an upfront reduction in brokerage across all equity and derivative products. All plans are valid for 365 days. Read more about ICICIdirect Prime Brokerage Plan.

ICICIdirect Prime Plan Brokerage Charges

Plan Equity Cash Equity Futures Equity Options Currency F&O Commodity Futures
Rs 299 0.27% 0.027% Rs 40/lot Rs 20/order Rs 20/order
Rs 999 0.22% 0.022% Rs 35/lot Rs 20/order Rs 20/order
Rs 1,999 0.18% 0.018% Rs 25/lot Rs 20/order Rs 20/order
Rs 2,999 0.15% 0.015% Rs 20/lot Rs 20/order Rs 20/order

3. I-Secure Plan (Flat brokerage Plan)

This plan offers Flat Brokerage (in %) irrespective of the turnover value. This plan is suitable for traders/investors looking at the secured and fixed brokerage. Read more about ICICIdirect I-Secure Plan

ICICIdirect ISecure Plan Brokerage Charges

Segment Brokerage
Equity Delivery 0.55%
Equity Intraday 0.275%
Equity Future 0.05%
Equity Options Rs 95 per order
Currency F&O Rs 20 per executed order
Commodity F&O Rs 20 per executed order
NCDs / Bonds 0.75%

4. ICICIdirect Prepaid Brokerage Plan

ICICIdirect Prepaid plan offers discounted brokerage rates when you pay a one time fixed fee upfront. There are 6 prepaid plans available. Each plan has a validity of 15 years. Read more about ICICIdirect Prepaid Brokerage Plan

ICICIdirect Prepaid Brokerage Plan

Prepaid Plan Equity Cash Equity Future Equity Options Currency F&O Commodity Futures
Rs 5,000 0.25% 0.025% Rs 35/lot Rs 20/order Rs 20/order
Rs 12,500 0.22% 0.022% Rs 30/lot Rs 20/order Rs 20/order
Rs 25,000 0.18% 0.018% Rs 25/lot Rs 20/order Rs 20/order
Rs 50,000 0.15% 0.015% Rs 20/lot Rs 20/order Rs 20/order
Rs 100,000 0.12% 0.012% Rs 15/lot Rs 20/order Rs 20/order
Rs 150,000 0.09% 0.009% Rs 10/lot Rs 20/order Rs 20/order

ICICI Minimum Brokerage Charges

1. ICICIdirect Minimum Brokerage

  • The minimum brokerage in I-Secure plan for delivery segment is Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • The minimum brokerage in Prime plan and Prepaid plan for delivery segment is Rs 25 per trade or 2.5% of the trade value whichever is lower.

2. ICICI charges flat 5 paisa per share (Rs 0.05) brokerage on stocks priced less then Rs 10 per share.

ICICIdirect Online Account Opening

ICICIDirect offers (online instant acccount opening) an to customers whose Aadhar card is linked to their current phone number for OTP verification.

If your Aadhar is not linked to your current phone number for OTP verification, you could visit the nearest ICICI Bank branch to open the trading account.