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

Westpac Share Trading vs ICICI Direct 2026: Which Broker is Better?

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

Westpac Share Trading

ICICI Direct

Higher ratedICICI Direct logo

ICICI Direct

3.1/ 5
Visit ICICI Direct →Full review
VS
Westpac Share TradingICICI 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
Westpac Share TradingICICI Direct
Best for Low Fees
Westpac Share TradingICICI Direct
Best for Regulation
Westpac Share TradingICICI Direct
Best Overall
ICICI DirectWestpac Share Trading
Quick Answer

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

See full side-by-side comparison below

Westpac Share Trading vs ICICI Direct: Key Differences

Feature

Westpac Share Trading

ICICI Direct

Winner
Our Rating
2.8 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$19.95/lot
$0.55/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf
Stocks, Indices, Commodities
Founded
1817
2000
Headquarters
Sydney, Australia
Mumbai, India
Score
1 / 3
2 / 3

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Fees Comparison

Fee

Westpac Share Trading

ICICI Direct

Lower fees
Spread From
0 pips
0 pips
Commission
$19.95/lot
$0.55/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Westpac Share Trading scores 2.75/5 while ICICI Direct scores 3.15/5 in our independent rating.

ICICI Direct edges ahead overall, but Westpac Share Trading 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?

Westpac Share Trading

Westpac Share Trading

2.8/5

Choose Westpac Share Trading if you want…

  • More established (est. 1817)
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 Westpac Share Trading better than ICICI Direct?

ICICI Direct scores higher overall on our independent rating system. Westpac Share Trading 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, Westpac Share Trading or ICICI Direct?

Westpac Share Trading 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 Westpac Share Trading vs ICICI Direct?

Westpac Share Trading requires a minimum deposit of $0. ICICI Direct requires $0.

4

Which broker is safer, Westpac Share Trading or ICICI Direct?

Westpac Share Trading is regulated by ASIC, while ICICI Direct holds licences from SEBI.

5

What trading platforms do Westpac Share Trading and ICICI Direct support?

Westpac Share Trading supports Proprietary Web, Proprietary Mobile. ICICI Direct supports Proprietary Web, Proprietary Mobile.

6

Can I use both Westpac Share Trading 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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