Comparison –  ICICI Direct Vs Zerodha

ICICI Direct Zerodha
Year of Incorporation 2000 2010
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerages
Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable
0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 20/executed order or 0.01% whichever is lower
Commodity NA Rs 20/executed order or 0.01% whichever is lower
Account opening charges
Trading and Demat Rs 975 for 3 in 1 Account Rs 300 if couriered & Rs 200 if you print the form
Only Trading NA Rs 200 if couriered & Rs 100 if you print the form
Commodity NA Rs 300 if couriered & Rs 200 if you print the form
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 365 days on Zerodha Pi
Margins & Leverage Provided
Equity Intraday upto 25 times & Delivery upto 5 times for interest Upto 20 times intraday, 0 for Delivery
Equity Futures Upto 4 times for intraday Upto 7 times intraday leverage
Equity Options Not for buying but upto 2 times for shorting
Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures NA 2 times intraday leverage
Currency Options NA
Buying no leverage, Shorting upto 2 times intraday leverage
Commodity NA 2.5 times intraday leverage
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES No