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

ICICI Direct vs Kraken 2026: Which Broker is Better?

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

ICICI Direct

Kraken

Higher ratedKraken logo

Kraken

4.3/ 5
Visit Kraken →Full review
VS
ICICI DirectKraken
BrokerRank Score3.1/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.2 pips
Max Leverage1:51:5
RegulationSEBIFCA, CFTC ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
ICICI DirectKraken
Best for Low Fees
ICICI DirectKraken
Best for Regulation
KrakenICICI Direct
Best Overall
KrakenICICI Direct
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, ICICI Direct offers lower spreads (0 pips).

See full side-by-side comparison below

ICICI Direct vs Kraken: Key Differences

Feature

ICICI Direct

Kraken

Winner
Our Rating
3.1 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$0.55/lot
$0.16/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices, Commodities
Crypto
Founded
2000
2011
Headquarters
Mumbai, India
San Francisco, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

ICICI Direct

Lower fees

Kraken

Spread From
0 pips
0.2 pips
Commission
$0.55/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

ICICI Direct scores 3.15/5 while Kraken scores 4.35/5 in our independent rating.

Kraken 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

ICICI Direct

3.1/5

Choose ICICI Direct if you want…

  • Tighter spreads (from 0 pips)
  • More market types (3)
  • More established (est. 2000)
  • Free withdrawals
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)
  • More regulatory licences (2)

Also consider

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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.

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80% of retail CFD accounts lose money.

Both ICICI Direct & Kraken are available in

Frequently Asked Questions

1

Is ICICI Direct better than Kraken?

Kraken scores higher overall on our independent rating system. ICICI Direct holds a 3.1/5 rating vs Kraken's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, ICICI Direct or Kraken?

ICICI Direct offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for ICICI Direct vs Kraken?

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

4

Which broker is safer, ICICI Direct or Kraken?

ICICI Direct is regulated by SEBI, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do ICICI Direct and Kraken support?

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

6

Can I use both ICICI Direct and Kraken?

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

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