FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

ICICIDirect Vs Alice Blue Vs Fyers: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Alice Blue ranges between Rs 15, while the brokerage of Fyers ranges between Rs 20. The broker Alice Blue and Fyers are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Alice Blue is rated 4, Fyers is rated 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Alice Blue vs Fyers stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Alice Blue vs Fyers on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ICICIDirect vs Alice Blue vs Fyers in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Alice Blue vs Fyers on Service

  ICICIDirect Compare
ICICIDirect
Alice Blue Compare
Alice Blue
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Fyers Request call back from Alice Blue
Expand

Account Opening Charges and AMC

Compare ICICIDirect vs Alice Blue vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Alice Blue vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Alice Blue charges Rs 400 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Alice Blue vs Fyers
Charges ICICIDirect Alice Blue Fyers
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 per annum Rs 400 PA Free
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare ICICIDirect vs Alice Blue vs Fyers on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Alice Blue vs Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect and Alice Blue offers Multiple Plans where Fyers doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare ICICIDirect vs Alice Blue vs Fyers on Plan Options
Plan Types ICICIDirect Alice Blue Fyers
Multiple Plans Yes Yes No
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha Fyers Alice Blue
Account Opening Request
Expand

Brokerage Charges

Compare ICICIDirect vs Alice Blue vs Fyerson Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare ICICIDirect vs Alice Blue vs Fyers
Brokerage Charges Compare ICICIDirect Alice Blue Fyers
Plan Name NEO Flat Discount Brokerage Plan F15 Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.55% Free Free
Equity Intraday Flat Rs. 20 per order 0.05% or Rs 15 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) 0.05% or Rs 15 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Options Flat Rs. 20 per order Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order 0.05% or Rs 15 whichever is lower 0.03% or Rs 20 whichever is lower
Currency Options Flat Rs. 20 per order Flat Fee Rs 15 Flat Fee Rs 20
Commodity Trading Flat Rs. 20 per order Flat Fee Rs 15 Flat Fee Rs 20
Minimum Brokerage Rs 35 per trade NA
Hidden Charges Yes No
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 50 per order + GST Rs 50 Per Order
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs 50 per order + GST Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Alice Blue Brokerage Calculator for Fyers
Expand

Share Broker's Transaction Charges

Compare ICICIDirect vs Alice Blue vs Fyers on Transaction Charges

Compare ICICIDirect vs Alice Blue vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs Alice Blue vs Fyers
Transaction Charges Compare ICICIDirect Alice Blue Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for alice-blue Complete Brokerage Plans for fyers
Expand

Account Features

Compare ICICIDirect vs Alice Blue vs Fyers on Account Features

Compare ICICIDirect vs Alice Blue vs Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Alice Blue and Fyers offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect offers margin funding where Alice Blue and Fyers doesn't offers margin funding. NRI Trading - ICICIDirect and Alice Blue offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - ICICIDirect vs Alice Blue vs Fyers
Account Features Compare ICICIDirect Alice Blue Fyers
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No No
Online Demo Yes No Yes
Online Portfolio Yes No No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM 3:15 PM
NRI Trading Yes Yes No
Other Features NIL NIL Fyers 30 Day Challenge
Expand

Trading Platform

Compare ICICIDirect vs Alice Blue vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Alice Blue vs Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare ICICIDirect vs Alice Blue vs Fyers
Trading Platform Compare ICICIDirect Alice Blue Fyers
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile ANT Mobile Fyers 2.0 Mobile App
Mobile Trading App Demo ICICI direct Mobile Demo ANT Mobile Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod ANT Mobile Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS ANT Mobile Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Alice Blue Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for alice-blue Detail on Trading Platforms for fyers

Expand

Broker Ratings by Users

Compare ICICIDirect vs Alice Blue vs Fyers on User Rating

  ICICIDirect Alice Blue Fyers
  267 Customer Reviews    Rate ICICIDirect 20 Customer Reviews    Rate Alice Blue 11 Customer Reviews    Rate Fyers
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews
Expand

Investment Offerings

Compare ICICIDirect vs Alice Blue vs Fyers on Investment Offerings

Compare ICICIDirect vs Alice Blue vs Fyers on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Alice Blue and Fyers offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where Alice Blue and Fyers doesn't offers PMS facility.

Investment Offerings - Compare ICICIDirect vs Alice Blue vs Fyers
Investment Offerings Compare ICICIDirect Alice Blue Fyers
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
Expand

Customer Service Offered

Compare ICICIDirect vs Alice Blue vs Fyers on Customer Service

Compare ICICIDirect vs Alice Blue vs Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ICICIDirect vs Alice Blue vs Fyers
Customer Service Compare ICICIDirect Alice Blue Fyers
24/7 Customer Service No No No
Email Support Yes No Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes Yes No
Customer Care Number 1860 123 1122 08035215000/080-45490850 08060001111
Account Opening Process Online Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://tradeschool.aliceblueonline.com/ https://fyers.in/school-of-stocks/
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://www.icicidirect.com https://www.aliceblueonline.com https://fyers.in/
Expand

Tips/Research/Reports Published

Compare ICICIDirect vs Alice Blue vs Fyers on Research Reports, Tips

Compare ICICIDirect vs Alice Blue vs Fyers on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect vs Alice Blue vs Fyers
  ICICIDirect Alice Blue Fyers
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes Yes No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No Yes
Expand

Demat Account

Compare ICICIDirect vs Alice Blue vs Fyers on Demat Account

Compare ICICIDirect vs Alice Blue vs Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Alice Blue vs Fyers
  ICICIDirect Alice Blue Fyers
DP Source CDSL CDSL CDSL
DP ID 14301 85300 89400
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹400 pa Free
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Rs 0 Nil
Statutory charges Nil Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.04% of the value of the transaction ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹50 per set up ₹10 per certificate + ₹50 courier charges ₹0
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹30 per certificate + CDSL charges ₹0
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹20 + CDSL charges Nil
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹20 + CDSL charges Nil
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹20 + CDSL charges Nil
Failed Instruction Charges ₹30 per transaction Nil Nil
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Alice Blue vs Fyers on Special Offers and Promotion

Compare ICICIDirect vs Alice Blue vs Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Alice Blue vs Fyers on Special Offers and Promotion
  ICICIDirect Alice Blue Fyers
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for ICICIDirect Enquire for Alice Blue Enquire for Fyers

Last Updated on