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Side-by-Side Comparison Independent Updated Oct 23, 2026

Sharekhan vs ICICI Direct 2026: Which Broker is Better?

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

Sharekhan

ICICI Direct

SharekhanICICI Direct
BrokerRank Score3.1/53.1/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:51:5
RegulationSEBISEBI
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
SharekhanICICI Direct
Best for Low Fees
SharekhanICICI Direct
Best for Regulation
SharekhanICICI Direct
Quick Answer

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

See full side-by-side comparison below

Sharekhan vs ICICI Direct: Key Differences

Feature

Sharekhan

Winner

ICICI Direct

Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.5/lot
$0.55/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Indices, Commodities
Stocks, Indices, Commodities
Founded
2000
2000
Headquarters
Mumbai, India
Mumbai, India
Score
1 / 1
0 / 1

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Fees Comparison

Fee

Sharekhan

Lower fees

ICICI Direct

Spread From
0 pips
0 pips
Commission
$0.5/lot
$0.55/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

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

ICICI Direct edges ahead overall, but Sharekhan 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?

Sharekhan

Sharekhan

3.1/5

Choose Sharekhan 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…

Similar strengths to Sharekhan — compare below.

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Both Sharekhan & ICICI Direct are available in

Frequently Asked Questions

1

Is Sharekhan better than ICICI Direct?

Sharekhan (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, Sharekhan or ICICI Direct?

Sharekhan 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 Sharekhan vs ICICI Direct?

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

4

Which broker is safer, Sharekhan or ICICI Direct?

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

5

What trading platforms do Sharekhan and ICICI Direct support?

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

6

Can I use both Sharekhan 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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