About ICICIdirect
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, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. The company also offers NCD, wealth products, Home Loans, Insurance, etc.
ICICIdirect's most popu... 
About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly traded and professionally managed company promoted by IIFL founders. As of August 2025, 5paisa has over 3.85 lakh active traders, according to data from NSE.
5paisa offers online trading in equity on BSE and NSE and commodity trading under MCX. It is a flat...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India.
| ICICIdirect | 5paisa | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | NSE, BSE |
| Year of Incorporation | 2000 | 1996 |
| Number of Branches | 154 | 1 |
| Open 5paisa Account |
ICICIdirect trading account opening charges is Rs 0 (Free) while 5paisa account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and 5paisa Demat Account AMC Charges is Rs 300 (₹75 charged quarterly).
| ICICIdirect | 5paisa | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | For Individual account: Rs. 700 p.a. | Rs 300 (₹75 charged quarterly) |
ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% whereas 5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.
| Account Type | ICICIdirect ICICI Direct Moneysaver Plan | 5paisa Regular Account Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.29% | Rs 20 per executed order |
| Equity Intraday | 0.029% | Rs 20 per executed order |
| Equity Futures | 0.029% | Rs 20 per executed order |
| Equity Options | Rs 49 per lot | Rs 20 per executed order |
| Currency Futures | Rs 20 per order | Rs 20 per executed order |
| Currency Options | Rs 20 per order | Rs 20 per executed order |
| Commodity Futures | Rs 20 per order | Rs 20 per executed order |
| Commodity Options | Rs 20 per order | Rs 20 per executed order |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. |
| ICICIdirect | 5paisa | |
|---|---|---|
| Account Type | Prime Plan - 999 | Regular Account Plan |
| Fixed Charges | Rs 999 one time | NA |
| Equity Delivery | 0.22% | Rs 20 per executed order |
| Equity Intraday | 0.022% | Rs 20 per executed order |
| Equity Futures | 0.022% | Rs 20 per executed order |
| Equity Options | Rs 49/order | Rs 20 per executed order |
| Currency Futures | Rs 20 per order | Rs 20 per executed order |
| Currency Options | Rs 20 per order | Rs 20 per executed order |
| Commodity Futures | Rs 20/order | Rs 20 per executed order |
| Commodity Options | Rs 20/order | Rs 20 per executed order |
| Open 5paisa Account |
| ICICIdirect | 5paisa | |
|---|---|---|
| Account Type | Prime Plan - 9999 | Regular Account Plan |
| Fixed Charges | Rs 9999 one time | NA |
| Equity Delivery | 0.07% | Rs 20 per executed order |
| Equity Intraday | 0.007% | Rs 20 per executed order |
| Equity Futures | 0.007% | Rs 20 per executed order |
| Equity Options | Rs 9 per lot | Rs 20 per executed order |
| Currency Futures | Rs 20 per order | Rs 20 per executed order |
| Currency Options | Rs 20 per order | Rs 20 per executed order |
| Commodity Futures | Rs 20 per lot | Rs 20 per executed order |
| Commodity Options | Rs 20 per lot | Rs 20 per executed order |
| Open 5paisa Account |
| Minimum Brokerage | No minimum brokerage (Moneysaver Plan) | Rs 20 per trade |
| Other Charges | Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99% | |
| Call & Trade Charges | Rs 50 per trade | Additional ₹20 per order + GST |
| Open 5paisa Account |
ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the 5paisa margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| ICICIdirect | 5paisa | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open 5paisa Account |
The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. 5paisa offers 5paisa Trade Station (Web, Mobile App and EXE) trading software.
| ICICIdirect | 5paisa | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ICICI Direct.com (website), ICICI Direct Mobile App | 5paisa Trade Station (Web, Mobile App and EXE) |
| Intraday Square-off Time | 3:15 PM | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Daily, monthly and yearly free research recommendations, 100% limit in shares as margin | |
| Open 5paisa Account |
ICICIdirect is rated of 5 based on 486 customer reviews whereas 5paisa is rated of 5 based on 97 customer reviews.
| ICICIdirect | 5paisa | |
|---|---|---|
486 Customer Reviews  | 97 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities | |  |
| Overall Rating |  | |
| Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 486 customer reviews | 5paisa is Rated 2.6 / 5 based on 97 customer reviews |
| ICICIdirect | 5paisa | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. |
| ICICIdirect | 5paisa | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| ICICIdirect | 5paisa | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open 5paisa Account |
| ICICIdirect | 5paisa | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| ICICIdirect | 5paisa | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| 5paisa Special Offer5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today. |
| Open 5paisa Account |
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