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Side-by-Side Comparison Independent Updated Oct 28, 2026

Groww vs ICICI Direct 2026: Which Broker is Better?

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

Groww

ICICI Direct

GrowwICICI Direct
BrokerRank Score3.1/53.1/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:11:5 ✓
RegulationSEBISEBI
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
GrowwICICI Direct
Best for Low Fees
GrowwICICI Direct
Best for Regulation
GrowwICICI Direct
Quick Answer

Groww (3.1/5) and ICICI Direct (3.1/5) are closely matched. Groww has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

Groww vs ICICI Direct: Key Differences

Feature

Groww

Winner

ICICI Direct

Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.05/lot
$0.55/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices
Stocks, Indices, Commodities
Founded
2016
2000
Headquarters
Bangalore, India
Mumbai, India
Score
1 / 1
0 / 1

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Fees Comparison

Fee

Groww

Lower fees

ICICI Direct

Spread From
0 pips
0 pips
Commission
$0.05/lot
$0.55/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Groww scores 3.13/5 while ICICI Direct scores 3.15/5 in our independent rating.

ICICI Direct edges ahead overall, but Groww 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?

Groww

Groww

3.1/5

Choose Groww if you want…

Similar strengths to ICICI Direct — compare below.

ICICI Direct

ICICI Direct

3.1/5

Top pick

Choose ICICI Direct if you want…

  • Higher leverage (up to 1:5)
  • More market types (3)
  • More established (est. 2000)

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Both Groww & ICICI Direct are available in

Frequently Asked Questions

1

Is Groww better than ICICI Direct?

Groww (3.1/5) and ICICI Direct (3.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, Groww or ICICI Direct?

Groww 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 Groww vs ICICI Direct?

Groww requires a minimum deposit of $0. ICICI Direct requires $0.

4

Which broker is safer, Groww or ICICI Direct?

Groww is regulated by SEBI, while ICICI Direct holds licences from SEBI.

5

What trading platforms do Groww and ICICI Direct support?

Groww supports Proprietary Web, Proprietary Mobile. ICICI Direct supports Proprietary Web, Proprietary Mobile.

6

Can I use both Groww 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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