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Side-by-Side Comparison Independent Updated Oct 30, 2026

NAB Trade vs ICICI Direct 2026: Which Broker is Better?

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

NAB Trade

ICICI Direct

Higher ratedICICI Direct logo

ICICI Direct

3.1/ 5
Visit ICICI Direct →Full review
VS
NAB TradeICICI Direct
BrokerRank Score2.8/53.1/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:11:5 ✓
RegulationASICSEBI
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
NAB TradeICICI Direct
Best for Low Fees
NAB TradeICICI Direct
Best for Regulation
NAB TradeICICI Direct
Best Overall
ICICI DirectNAB Trade
Quick Answer

ICICI Direct is the better choice overall, scoring 3.1/5 vs 2.8/5 on BrokerRank's independent rating. On fees, NAB Trade offers lower spreads (0 pips).

See full side-by-side comparison below

NAB Trade vs ICICI Direct: Key Differences

Feature

NAB Trade

ICICI Direct

Winner
Our Rating
2.8 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$9.95/lot
$0.55/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf
Stocks, Indices, Commodities
Founded
1858
2000
Headquarters
Melbourne, Australia
Mumbai, India
Score
1 / 3
2 / 3

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Fees Comparison

Fee

NAB Trade

ICICI Direct

Lower fees
Spread From
0 pips
0 pips
Commission
$9.95/lot
$0.55/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

NAB Trade scores 2.76/5 while ICICI Direct scores 3.15/5 in our independent rating.

ICICI Direct edges ahead overall, but NAB Trade 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?

NAB Trade

NAB Trade

2.8/5

Choose NAB Trade if you want…

  • More established (est. 1858)
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 NAB Trade better than ICICI Direct?

ICICI Direct scores higher overall on our independent rating system. NAB Trade holds a 2.8/5 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, NAB Trade or ICICI Direct?

NAB Trade 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 NAB Trade vs ICICI Direct?

NAB Trade requires a minimum deposit of $0. ICICI Direct requires $0.

4

Which broker is safer, NAB Trade or ICICI Direct?

NAB Trade is regulated by ASIC, while ICICI Direct holds licences from SEBI.

5

What trading platforms do NAB Trade and ICICI Direct support?

NAB Trade supports Proprietary Web, Proprietary Mobile. ICICI Direct supports Proprietary Web, Proprietary Mobile.

6

Can I use both NAB Trade and ICICI Direct?

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

Key Trading Terms

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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

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