NIFTY24,210.550.69%
SENSEX77,784.750.93%
BANKNIFTY56,585.850.94%
NIFTY IT30,395.500.33%
PHARMA22,936.452.14%
AUTO25,912.202.03%
FMCG51,007.500.37%
METAL12,834.250.45%
REALTY794.201.14%
ENERGY40,105.200.52%
NIFTY24,210.550.69%
SENSEX77,784.750.93%
BANKNIFTY56,585.850.94%
NIFTY IT30,395.500.33%
PHARMA22,936.452.14%
AUTO25,912.202.03%
FMCG51,007.500.37%
METAL12,834.250.45%
REALTY794.201.14%
ENERGY40,105.200.52%

Side-by-Side Compare Table

Category5paisaICICIdirect
Basic Details
  • Broker Type: Discount broker
  • Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
  • Broker Type: Full-service broker (ICICI Group)
  • Founded: 1995 (ICICIdirect platform legacy)
Charges & AMC
  • Account Opening: Rs 0
  • Trading AMC: Included in account structure
  • Account Opening: Rs 0 (as listed)
  • Demat AMC: Rs 700 per annum (individual account)
Brokerage
  • Equity Delivery: Rs 20 per trade
  • Equity Intraday: Rs 20 per trade
  • Brokerage is plan based (Prime plans and MoneySaver).
  • Prime plan examples range by subscription slab.
Other Charges
  • Fund transfer charges may apply by mode (for example net banking fee in some cases).
  • Statutory charges apply separately: STT, exchange charges, GST, SEBI charges, stamp duty.
  • Call and trade charges apply (listed as Rs 50 per order in extract).
  • Demat debit and operational charges apply per schedule.
Leverage (Margin)
  • Margin Trading Facility available via 5paisa Pay Later.
  • MTF funding slabs available with different daily interest rates.
  • Intraday equity margin can go up to around 5x on eligible stocks.
  • Delivery and carry-forward generally follow full margin norms.
Features
  • Flat-fee structure across segments.
  • One app for stocks, derivatives, mutual funds, ETFs, and bonds.
  • Integrated 3-in-1 account (bank + trading + Demat).
  • Strong brand trust and branch-assisted model.
Trading Platforms
  • 5paisa Mobile App
  • 5paisa Web / Trader Station
  • ICICIdirect.com website
  • ICICIdirect mobile app
Reviews & Ratings
  • Positioned as a low-cost broker for active retail users.
  • In this source snapshot, no single consolidated numeric overall rating is highlighted.
  • Viewed as feature-rich and trusted for integrated banking workflow.
  • In this source extract, no final single overall numeric rating table is shown.
Investment Options
  • Equity
  • F&O
  • Equity and derivatives
  • IPO, mutual funds, bonds, NCDs
Order Types Offered
  • Regular market orders
  • Delivery and intraday order flows
  • Standard market/limit execution flows
  • VTC/GTC-style functionality referenced in source context
Suitable For (Investor Type)
  • Cost-conscious traders who prefer flat brokerage.
  • Users who want one platform for trading and investing products.
  • Investors wanting 3-in-1 integration and branch support.
  • Users preferring broader product coverage over pure discount pricing.
Pros and Cons
  • Pros:
  • Flat Rs 20 pricing model.
  • Pros:
  • Robust integrated banking-broking setup.

Detailed Comparison

Basic Details

5paisaICICIdirect
  • Broker Type: Discount broker
  • Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
  • SEBI Registration: INZ000010231
  • NSE Member Code: 14300
  • Net Worth: Rs 543.53 Cr
  • Broker Type: Full-service broker (ICICI Group)
  • Founded: 1995 (ICICIdirect platform legacy)
  • SEBI Registration: INZ000183631
  • NSE Member Code: 07730
  • Net Worth: Rs 4581.84 Cr

Charges & AMC

5paisaICICIdirect
  • Account Opening: Rs 0
  • Trading AMC: Included in account structure
  • Demat AMC: Rs 300 yearly (often billed quarterly)
  • DP Sell Transaction: Rs 20 per scrip (sell side)
  • Account Opening: Rs 0 (as listed)
  • Demat AMC: Rs 700 per annum (individual account)
  • Demat debit charge and call-and-trade charges apply

Brokerage

5paisaICICIdirect
  • Equity Delivery: Rs 20 per trade
  • Equity Intraday: Rs 20 per trade
  • Equity Futures: Rs 20 per trade
  • Equity Options: Rs 20 per trade
  • Commodity/Currency: Rs 20 per trade across listed segments
  • Brokerage is plan based (Prime plans and MoneySaver).
  • Prime plan examples range by subscription slab.
  • MoneySaver example: Delivery 0.29%, Intraday/Futures 0.029%, Options Rs 49 per lot.

Other Charges

5paisaICICIdirect
  • Fund transfer charges may apply by mode (for example net banking fee in some cases).
  • Statutory charges apply separately: STT, exchange charges, GST, SEBI charges, stamp duty.
  • Call and trade charges apply (listed as Rs 50 per order in extract).
  • Demat debit and operational charges apply per schedule.
  • Standard statutory charges apply separately.

Leverage (Margin)

5paisaICICIdirect
  • Margin Trading Facility available via 5paisa Pay Later.
  • MTF funding slabs available with different daily interest rates.
  • Up to around 4x leverage on approved MTF securities.
  • Intraday equity margin can go up to around 5x on eligible stocks.
  • Delivery and carry-forward generally follow full margin norms.

Features

5paisaICICIdirect
  • Flat-fee structure across segments.
  • One app for stocks, derivatives, mutual funds, ETFs, and bonds.
  • Paperless account opening.
  • Tools like FnO 360 and trading research utilities.
  • Integrated 3-in-1 account (bank + trading + Demat).
  • Strong brand trust and branch-assisted model.
  • Research and multi-product investing workflows.

Trading Platforms

5paisaICICIdirect
  • 5paisa Mobile App
  • 5paisa Web / Trader Station
  • 5paisa Trade Terminal (desktop)
  • ICICIdirect.com website
  • ICICIdirect mobile app

Reviews & Ratings

5paisaICICIdirect
  • Positioned as a low-cost broker for active retail users.
  • In this source snapshot, no single consolidated numeric overall rating is highlighted.
  • Viewed as feature-rich and trusted for integrated banking workflow.
  • In this source extract, no final single overall numeric rating table is shown.

Investment Options

5paisaICICIdirect
  • Equity
  • F&O
  • Currency
  • Commodities
  • Mutual Funds (including direct plans)
  • ETFs and Bonds
  • Equity and derivatives
  • IPO, mutual funds, bonds, NCDs
  • Commodities
  • Insurance and other wealth products

Order Types Offered

5paisaICICIdirect
  • Regular market orders
  • Delivery and intraday order flows
  • Derivatives order support through app/web/terminal
  • Standard market/limit execution flows
  • VTC/GTC-style functionality referenced in source context
  • Delivery, intraday, and derivatives order flows

Suitable For (Investor Type)

5paisaICICIdirect
  • Cost-conscious traders who prefer flat brokerage.
  • Users who want one platform for trading and investing products.
  • Traders who need desktop plus mobile workflow.
  • Investors wanting 3-in-1 integration and branch support.
  • Users preferring broader product coverage over pure discount pricing.
  • ICICI ecosystem customers who value seamless account linkage.

Pros and Cons

5paisaICICIdirect
  • Pros:
  • Flat Rs 20 pricing model.
  • Wide product coverage in one account.
  • Multiple trading platforms and paperless onboarding.
  • Cons:
  • Some payment and operational charges can apply depending on usage mode.
  • Full-service advisory depth is lower than many traditional full-service brokers.
  • Pros:
  • Robust integrated banking-broking setup.
  • Broad product basket and research availability.
  • Strong brand and support infrastructure.
  • Cons:
  • Brokerage can be high versus discount peers without optimized plan selection.
  • Charges and plan structure can feel complex for new users.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

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