ICICIdirect Stock Trading, Demat, Brokerage and Reviews 2025

ICICI Direct charges include AMC (Rs 700 per year), brokerage charges (0.29% for delivery), DP charges (Rs. 4.5 per scrip per day) and government taxes as applicable.

ICICI Direct also offers advance brokerage plans as below:

• Prime Brokerage Plan
• Moneysaver Brokerage Plan

ICICI Direct is an online trading platform of ICICI Securities, one of the largest stock brokers in India. Here are a few reasons why ICICI Direct is a great choice as a stock broker:

• Offers 3-in-1 account for smooth and fast online trading.
• Offers personal relationship manager and local support.
• It has a wide range of investments under one account.
• Free research and advisory services.
• Part of the renowned ICICI group.
• Good trading software for online trading.
• Prime and iValue brokerage plans are available for high volume traders and investors.
• Offers eATM wherein you get proceeds from a sale gets credited in 30 minutes.

To use various trading and investment services offered by ICICI Direct, you first need to open a 3-in-1 account combining the trading, demat and bank account. You can open an ICICI 3-in-1 account online as well as offline by visiting the ICICI Bank branch.

Once your account is opened, you're ready to trade/invest with ICICI Direct. You could use ICICI Direct to:

• Buy/sell equity shares of listed companies
• Trade in Equity Derivatives (F&O)
• Trade in Currency Derivatives (F&O)
• Buy/sell ETFs and NCD
• Buy/sell Mutual Funds
• Investing in IPO
• Buy Company FDs (CFD)
• Buy Life and General Insurance
• Portfolio Management Services

The company offers the following software for online investment:

• ICICI Direct website (Web-based Trading)
• ICICI Direct Mobile (Mobile Trading App)

Steps to trade with ICICIDirect Website

• Log in to www.icicidirect.com
• In the left navigation bar, expand 'Equity' and click 'Allocate Funds / Limit'
• Add funds to 'Secondary Market Equity, ETF' and click Submit.
• In the left navigation bar, expand 'Equity' and click 'Place Order'
• Enter the order information.
• Confirm the order.
• In the left navigation bar, expand 'Equity' and click 'Order Book'
• Check the status of your order.

ICICI Direct is a full-service stock broker offering online trading and investment services. ICICIDirect is a brand of ICICI Securities, a subsidiary of ICICI Group of companies. 

ICICI Direct customers can invest online in stocks, IPO, Mutual Fund, Bonds, NCD, ETF and NPS etc. They can also visit ICICI Bank branches to manage the ICICI Direct account.

To trade or invest through ICICI Direct, you need to open a 3-in-1 account. The account combines trading, demat and savings bank account. All three accounts are linked to each other. This facilitates easier and faster online trading.

The ICICI 3-in-1 account can be opened by filling an online account application followed by an in-person visit by ICICI representative.

Once your account is opened, you're ready to trade with ICICI Direct. You could use ICICI Direct to:

• Buy/sell equity shares of listed companies
• Trade in Equity Derivatives (F&O)
• Trade in Currency Derivatives (F&O)
• Buy/sell ETFs and NCD
• Buy/sell Mutual Funds
• Investing in IPO
• Buy Company FDs (CFD)
• Buy Life and General Insurance
• Take Loan Against Securities (LAS)
• Portfolio Management Services

The simplest way to begin investing with ICICIDirect is by login to its website ICICIDirect.com or using ICICI Direct Mobile App. After login to these apps, you can start investing online instantly.

It's easy to buy/sell Shares, ETF, Mutual Funds, Bonds, IPO etc. online with ICICIDirect. You could also manage your account online, get reports and statements and open service requests.

You could refer to the online tutorials and videos to know more about it.

A dedicated relationship manager is also assigned to you whom you could call anytime in case you need assistance with your trading and investment.

Yes, you can trade in Commodities in ICICI Direct. ICICI Bank's 3-in-1 account is for trading in Equity, Derivatives, and Currency Commodity at BSE, NSE, and MCX. You can also invest in IPOs, Mutual Funds and Debt Funds.

If you are an existing customer of ICICI and have an ICICI 3-in-1 account, you just have to activate the commodity trading segment. Check steps to enable the commodity segment for more details.

If you are new to ICICI Direct, you have to open ICICI Direct trading account to trade in Commodity. The account opening is online and takes just a day to get activated.

Read Commodities Trading with ICICIDirect for more detail.

ICICI Direct 3 in 1 is a combo account integrating trading, demat and bank accounts. In a 3-in-1 account, all the accounts are linked to one another to facilitate smooth and faster online trading. All the 3 accounts are opened at once by filling a single application form.

ICICI Direct 3-in-1 account is mandatory to trade/invest in the stock market. This account offers investing in a wide range of products such as Equities, Derivatives, Mutual Funds, IPOs, Fixed Deposits, Bonds and NCDs.

ICICI Direct is one of the largest and a good stock broker. It is an online trading and investment service by ICICI Securities, a publicly listed company promoted by well known ICICI Group. ICICI Direct is the pioneer in online trading in India.

ICICI Direct was the largest stock broker for over 20 years until year 2019. It lost its number 1 position to Zerodha in terms of number of active clients.

ICICI Direct is a good choice for:

• Beginners who need hand-holding and convenient trading experience.
• Customer who prefers going to the nearby branch office for customer services.
• Customers who prefer 3-in-1 account for hassle-free investing.
• An investor who invests casually in the stock market.

To close the ICICIDirect account follow below mentioned steps:

• Log in to your ICICIDirect account.
• Click on the "Portfolio" button. Then click on the "Stocks" tab.
• If there are stocks in your account, sell all the stocks in your trading account.
• Click on the 'Summary' button" to check the available funds.
• Make sure the balance for all stocks, mutual funds, bonds or other types of investments is zero.
• Click on the Bot icon at the top right of the page.
• Scroll down and select "Place Service Request".
• You will then be redirected to a "self-help" page.
• Select the "Trading Account Closure" option.
• Accept the terms and conditions for the closure process. Click on the "I agree" button.
• Enter the OTP you received via your mobile number and click on proceed.
• You will then be redirected to the NSDL page.
• Click on the check button and then enter the Aadhar number.
• Click on Send OTP and enter the OTP to verify the Aadhar number.
• A countdown will then start and your ICICIDirect trading account.
• After the countdown expires, you will be logged out of the application.

Note:

• If there are no pending charges, ask customer support to close the trading account and transfer the surplus balance to your bank account. If you have a negative balance, pay the deficit balance.
• The settlement process will be completed within 3 days.

BTST in ICICIDirect is an abbreviation for Buy Today Sell Tomorrow. It is a facility that allows you to sell shares without having to wait for it to get credited in your demat account.

It takes T+2 day (T being the day of trading) for the shares you bought to get credited in the demat account. In a normal trading process, you cannot sell shares that are not available in your demat account. Even if you sell shares (called shorting), you have to buy the shares on the same trading day.

Now, what if you buy shares and due to an event the stock price increases in the short term. You won't be able to benefit from it as you have to wait for the shares to be delivered before selling it. The same situation arises if the stock prices move downwards.

BTST order facility helps you to profit from such short term price movements by allowing you to sell shares before they are credited in your demat account. It also helps you prevent losses when the stock price is decreasing.

Let us take an example. Suppose that you buy shares of a company today at 2 pm. The next day, the price of this scrip increases by Rs 10. With BTST, you can sell the shares and book profits.

Note:

• Only limited stocks are available for the BTST facility. You can check the list through the 'Stock List'.
• No extra brokerage is charged on BTST orders. Normal cash brokerage is charged.
• Shares under BTST orders can be sold on T+1 or T+2 days before the delivery of the shares on the demat account.

Charges are 0.29% in Moneysaver plan or as per the chosen plan.

ICICIdirect Trading and Demat account cannot be closed online. You need to submit two separate closure forms for the Trading and Demat accounts.

Steps for closing the ICICI Direct trading and Demat account:

1. Go to www.icicibank.com > Others >Form Centre (at the bottom of the page)> Personal Banking > Demat > Form for Closure of Demat / Trading Account
2. Download the Trading account closure and Demat account closure forms.
3. Fill these forms with all the required information.
4. Submit the form to your nearest ICICI bank Demat branch

It may take around 7-10 working days to close the account after form submission.

Before submitting the form, please make sure that:

• All the holdings are either sold or transferred from your account.
• There are no outstanding dues.
• All open positions are closed.