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

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

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

ICICI Direct

RHB Securities

Higher ratedRHB Securities logo

RHB Securities

3.4/ 5
Visit RHB Securities →Full review
VS
ICICI DirectRHB Securities
BrokerRank Score3.1/53.4/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:5 ✓1:2
RegulationSEBISC Malaysia, MAS ✓
PlatformsProprietary Web, Proprietary MobileRHB TradeSmart, RHB Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
ICICI DirectRHB Securities
Best for Low Fees
ICICI DirectRHB Securities
Best for Regulation
RHB SecuritiesICICI Direct
Best Overall
RHB SecuritiesICICI Direct
Quick Answer

RHB Securities is the better choice overall, scoring 3.4/5 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 RHB Securities: Key Differences

Feature

ICICI Direct

RHB Securities

Winner
Our Rating
3.1 / 5
3.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.55/lot
$0.1/lot
Regulated By
SC MalaysiaMAS
Platforms
Proprietary Web, Proprietary Mobile
RHB TradeSmart, RHB Mobile
Markets
Stocks, Indices, Commodities
Stocks, Etf, Bonds, Funds
Founded
2000
1994
Headquarters
Mumbai, India
Kuala Lumpur, Malaysia
Score
0 / 3
3 / 3

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Fees Comparison

Fee

ICICI Direct

RHB Securities

Lower fees
Spread From
0 pips
0 pips
Commission
$0.55/lot
$0.1/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

ICICI Direct scores 3.15/5 while RHB Securities scores 3.43/5 in our independent rating.

RHB Securities 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…

  • Higher leverage (up to 1:5)
RHB Securities

RHB Securities

3.4/5

Top pick

Choose RHB Securities if you want…

  • Higher overall rating (3.4/5)
  • More regulatory licences (2)
  • More market types (4)
  • More established (est. 1994)

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Both ICICI Direct & RHB Securities are available in

Frequently Asked Questions

1

Is ICICI Direct better than RHB Securities?

RHB Securities scores higher overall on our independent rating system. ICICI Direct holds a 3.1/5 rating vs RHB Securities's 3.4/5. 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 RHB Securities?

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

3

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

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

4

Which broker is safer, ICICI Direct or RHB Securities?

ICICI Direct is regulated by SEBI, while RHB Securities holds licences from SC Malaysia, MAS.

5

What trading platforms do ICICI Direct and RHB Securities support?

ICICI Direct supports Proprietary Web, Proprietary Mobile. RHB Securities supports RHB TradeSmart, RHB Mobile.

6

Can I use both ICICI Direct and RHB Securities?

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

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