ICICI Direct vs FxPro 2026: Which Broker is Better?
Compare ICICI Direct and FxPro side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
ICICI Direct
FxPro
| ICICI Direct | FxPro | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.1/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | SEBI | FCA, CySEC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
FxPro is the better choice overall, scoring 4.1/5 vs 3.1/5 on BrokerRank's independent rating. On fees, ICICI Direct offers lower spreads (0 pips).
See full side-by-side comparison belowICICI Direct vs FxPro: Key Differences
ICICI Direct
FxPro
WinnerFees Comparison
ICICI Direct
FxPro
BrokerRank Verdict
ICICI Direct scores 3.15/5 while FxPro scores 4.09/5 in our independent rating.
FxPro edges ahead overall, but ICICI Direct 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?
ICICI Direct
3.1/5
Choose ICICI Direct if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 2000)
FxPro
4.1/5
Choose FxPro if you want…
- Higher overall rating (4.1/5)
- No per-trade commission
- Higher leverage (up to 1:500)
- More regulatory licences (3)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both ICICI Direct & FxPro are available in
Frequently Asked Questions
1Is ICICI Direct better than FxPro?
FxPro scores higher overall on our independent rating system. ICICI Direct holds a 3.1/5 rating vs FxPro's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, ICICI Direct or FxPro?
ICICI Direct offers spreads from 0 pips, while FxPro starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ICICI Direct vs FxPro?
ICICI Direct requires a minimum deposit of $0. FxPro requires $100.
4Which broker is safer, ICICI Direct or FxPro?
ICICI Direct is regulated by SEBI, while FxPro holds licences from FCA, CySEC, ASIC.
5What trading platforms do ICICI Direct and FxPro support?
ICICI Direct supports Proprietary Web, Proprietary Mobile. FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile.
6Can I use both ICICI Direct and FxPro?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
FxPro
Capital at risk · T&Cs apply