Zerodha vs ICICI Direct 2026: Which Broker is Better?
Compare Zerodha and ICICI Direct side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Zerodha
ICICI Direct
| Zerodha | ICICI Direct | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 3.1/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | SEBI | SEBI |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Zerodha is the better choice overall, scoring 3.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Zerodha offers lower spreads (0 pips).
See full side-by-side comparison belowZerodha vs ICICI Direct: Key Differences
Zerodha
WinnerICICI Direct
Still deciding between Zerodha and ICICI Direct?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Zerodha
Lower feesICICI Direct
BrokerRank Verdict
Zerodha scores 3.26/5 while ICICI Direct scores 3.15/5 in our independent rating.
Zerodha 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?
Zerodha
3.3/5
Choose Zerodha if you want…
- Higher overall rating (3.3/5)
ICICI Direct
3.1/5
Choose ICICI Direct if you want…
- More established (est. 2000)
Also consider
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.
Both Zerodha & ICICI Direct are available in
Frequently Asked Questions
1Is Zerodha better than ICICI Direct?
Zerodha scores higher overall on our independent rating system. Zerodha holds a 3.3/5 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.
2Which has lower fees, Zerodha or ICICI Direct?
Zerodha offers spreads from 0 pips, while ICICI Direct starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Zerodha vs ICICI Direct?
Zerodha requires a minimum deposit of $0. ICICI Direct requires $0.
4Which broker is safer, Zerodha or ICICI Direct?
Zerodha is regulated by SEBI, while ICICI Direct holds licences from SEBI.
5What trading platforms do Zerodha and ICICI Direct support?
Zerodha supports Proprietary Web, Proprietary Mobile. ICICI Direct supports Proprietary Web, Proprietary Mobile.
6Can I use both Zerodha 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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