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Side-by-Side Comparison Independent Updated Oct 29, 2026

ASB Securities vs ICICI Direct 2026: Which Broker is Better?

Compare ASB Securities and ICICI Direct side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

ASB Securities

ICICI Direct

Higher ratedICICI Direct logo

ICICI Direct

3.1/ 5
Visit ICICI Direct →Full review
VS
ASB SecuritiesICICI Direct
BrokerRank Score2.6/53.1/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:11:5 ✓
RegulationFMASEBI
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
ASB SecuritiesICICI Direct
Best for Low Fees
ASB SecuritiesICICI Direct
Best for Regulation
ASB SecuritiesICICI Direct
Best Overall
ICICI DirectASB Securities
Quick Answer

ICICI Direct is the better choice overall, scoring 3.1/5 vs 2.6/5 on BrokerRank's independent rating. On fees, ASB Securities offers lower spreads (0 pips).

See full side-by-side comparison below

ASB Securities vs ICICI Direct: Key Differences

Feature

ASB Securities

ICICI Direct

Winner
Our Rating
2.6 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$30/lot
$0.55/lot
Regulated By
FMA
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf
Stocks, Indices, Commodities
Founded
1994
2000
Headquarters
Auckland, New Zealand
Mumbai, India
Score
0 / 2
2 / 2

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Fees Comparison

Fee

ASB Securities

ICICI Direct

Lower fees
Spread From
0 pips
0 pips
Commission
$30/lot
$0.55/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

ASB Securities scores 2.64/5 while ICICI Direct scores 3.15/5 in our independent rating.

ICICI Direct edges ahead overall, but ASB Securities may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

ASB Securities

ASB Securities

2.6/5

Choose ASB Securities if you want…

  • More established (est. 1994)
ICICI Direct

ICICI Direct

3.1/5

Top pick

Choose ICICI Direct if you want…

  • Higher overall rating (3.1/5)
  • Higher leverage (up to 1:5)
  • More market types (3)

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Frequently Asked Questions

1

Is ASB Securities better than ICICI Direct?

ICICI Direct scores higher overall on our independent rating system. ASB Securities holds a 2.6/5 rating vs ICICI Direct's 3.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, ASB Securities or ICICI Direct?

ASB Securities offers spreads from 0 pips, while ICICI Direct starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for ASB Securities vs ICICI Direct?

ASB Securities requires a minimum deposit of $0. ICICI Direct requires $0.

4

Which broker is safer, ASB Securities or ICICI Direct?

ASB Securities is regulated by FMA, while ICICI Direct holds licences from SEBI.

5

What trading platforms do ASB Securities and ICICI Direct support?

ASB Securities supports Proprietary Web, Proprietary Mobile. ICICI Direct supports Proprietary Web, Proprietary Mobile.

6

Can I use both ASB Securities and ICICI Direct?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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