TradeCalc

ICICI Direct Brokerage Calculator

Calculate ICICI Direct's brokerage, STT, GST, exchange charges, and DP charges for your trade — instantly, with no signup.

No state selector: since a 2020 amendment to the Indian Stamp Act, stamp duty on securities transactions is a single nationwide rate — it no longer varies by the trader’s state. Only how the revenue is distributed between states differs, not the rate you pay.

Total charges

₹952.74

Net P&L

₹4,047.26

Breakeven price

₹1,009.53

Brokerage
₹594.50
STT
₹205.00
Exchange charges
₹6.29
SEBI fees
₹0.21
Stamp duty
₹15.00
GST
₹108.14
DP charges
₹23.60
Gross P&L
₹5,000.00
  • ICICI Direct runs three overlapping plan tracks, confirmed directly from icicidirect.com/brokerage and cross-checked against a secondary source: 'MoneySaver' (the default, no-fee plan every customer starts on) is modeled here. The 'iValue' plan (₹299 one-time, lifetime) flattens intraday/futures/options to ₹20/order; 'Prime' plans (₹999/₹4,999/₹9,999, lifetime, non-renewing) cut delivery brokerage substantially and can be combined with iValue — none of that is modeled here, so an ICICI Direct customer who's upgraded plans will see meaningfully lower real-world charges than this calculator shows.
  • Options brokerage (₹49) is charged per LOT, not per order, per ICICI Direct's own site — same caveat as Sharekhan on this list: this calculator takes total quantity rather than lot count, so it's modeled as a flat ₹49 per order (equivalent to a single-lot trade); a multi-lot options trade will cost more in reality than shown here.
  • DP charge is ₹20 + 18% GST (₹23.6) per ISIN per day on CDSL; ICICI Direct's NSDL-linked accounts instead charge ₹20+GST for the first debit and ₹4+GST for subsequent same-day debits — the CDSL figure is modeled here as the more common case.
  • Standard AMC is ₹700/year — one of the higher AMC figures among brokers on this list, consistent with ICICI Direct's full-service, bank-linked positioning. Not part of the per-trade calculation modeled here.
  • Manually verified against icicidirect.com directly by the site owner on 2026-07-22, including confirming MoneySaver (rather than iValue or Prime) is the right default plan to model here, and the 0.29%/0.029%/₹49-per-lot figures are accurate — no changes needed.
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About ICICI Direct

Founded
1995
Broker type
full-service
Parent company
ICICI Securities Limited (ICICI Bank)

ICICI Direct is the retail trading platform of ICICI Securities Limited, incorporated in 1995 as ICICI Brokerage Services Limited, a wholly owned subsidiary of ICICI Bank. The ICICI Direct platform itself launched in 2000, and the parent company was renamed ICICI Securities Limited in 2007. It's one of the oldest online trading platforms in India, predating most of the discount brokers on this list by well over a decade.

ICICI Direct's signature feature is the '3-in-1 account' — an ICICI Bank savings account, an ICICI Direct trading account, and an ICICI Securities demat account, all linked together. Sell proceeds settle straight into the linked bank account and buy orders debit from it automatically, without the manual fund-transfer step some other brokers require. That convenience is bundled into ICICI Direct's brokerage, which runs meaningfully higher than pure discount brokers on this list on the default plan — a genuine bundled-banking-convenience-vs-cost tradeoff rather than ICICI Direct simply being worse value.

As a full-service broker under a major banking group, ICICI Direct also provides in-house equity research, advisory, and a branch network — services that pure discount/execution-only brokers on this list generally don't offer.

ICICI Direct's charge structure

ICICI Direct runs several overlapping pricing plans. This calculator models 'MoneySaver,' the default plan every customer starts on with no separate fee: 0.29% of trade value on equity delivery, 0.029% per side on intraday and futures, and ₹49 per lot on options — confirmed directly from icicidirect.com/brokerage and cross-checked against an independent secondary source. Two upgrade paths exist and are NOT modeled here: 'iValue' (₹299 one-time, lifetime) flattens intraday/futures/options to ₹20/order, and 'Prime' plans (₹999 / ₹4,999 / ₹9,999, lifetime, non-renewing) cut delivery brokerage substantially and can be stacked with iValue. A customer on either upgrade will see meaningfully lower real costs than this page shows. DP charge is modeled as ₹20 + 18% GST (₹23.6) per ISIN per day on CDSL; ICICI Direct's NSDL-linked accounts instead charge ₹20+GST for the first same-day debit and ₹4+GST for subsequent ones.

Trade typeBrokerage
Equity delivery0.29% of trade value
Equity intraday0.029% of trade value
F&O futures0.029% of trade value
F&O optionsFlat ₹49.00 per order
DP charge (delivery sell only)23.60 per scrip

ICICI Direct: pros & cons

Pros

  • The 3-in-1 account (bank + trading + demat, all linked) genuinely simplifies fund movement — sell proceeds and buy debits happen automatically against your ICICI Bank account, without manual transfer instructions.
  • One of India's longest-running online trading platforms (2000), with the institutional backing, research desks, and branch network of a major banking group.
  • Multiple upgrade paths (iValue, Prime) let active traders opt into meaningfully lower per-order costs without leaving the ICICI ecosystem, if the default MoneySaver plan's percentage-based pricing doesn't suit their trading style.
  • Zero account opening fee on the default plan, confirmed directly from ICICI Direct's own site.

Cons

  • The default MoneySaver plan's percentage-based brokerage (0.29% delivery, 0.029% per side on intraday/futures) is substantially more expensive than the flat or capped-percentage pricing every discount broker on this list uses — a trader who doesn't upgrade to iValue or Prime pays noticeably more per trade.
  • Standard AMC is ₹700/year, one of the higher annual charges among brokers compared on this site.
  • Options brokerage (₹49) is charged per lot, not per order — a multi-lot options trade costs proportionally more than the flat per-order fee most discount brokers charge.
  • The overlapping plan structure (MoneySaver, iValue, Prime, and combinations of the two upgrades) takes real effort to compare against a simpler single-rate discount broker.

How to open a ICICI Direct account

  1. 1Keep your PAN card, a proof of identity/address (Aadhaar, voter ID, driving licence, or passport), and a cancelled cheque or bank statement ready.
  2. 2Complete ICICI Direct's online account-opening form and verify your identity via Aadhaar-based e-KYC.
  3. 3Upload a photograph and complete eSign (Aadhaar OTP) to digitally sign the account-opening agreement — opening a 3-in-1 account additionally links (or opens) an ICICI Bank savings account as part of the process.
  4. 4If you plan to trade F&O, you'll additionally need income/net-worth proof (a recent ITR acknowledgment, Form 16, 6-month bank statement, or a CA-certified net-worth certificate).
  5. 5Once verified, your linked bank, trading, and demat accounts are activated at no account-opening charge, confirmed directly from ICICI Direct's own site — consider whether iValue or a Prime plan suits your trading volume before you start trading on the default MoneySaver rates.

Ready to open an account with ICICI Direct?

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Frequently asked questions

What is ICICI Direct's brokerage on delivery trades?

On the default MoneySaver plan, ICICI Direct charges 0.29% of trade value on equity delivery, confirmed directly from icicidirect.com/brokerage. This is meaningfully higher than the flat or capped-percentage delivery pricing used by discount brokers on this list — reflecting ICICI Direct's full-service, bank-linked positioning. Upgrading to a Prime plan reduces this rate substantially.

What is a 3-in-1 account?

A 3-in-1 account links an ICICI Bank savings account, an ICICI Direct trading account, and an ICICI Securities demat account together, so sell proceeds settle directly into your bank account and buy orders debit from it automatically — no manual fund-transfer step. It's ICICI Direct's signature convenience feature, distinct from how most discount brokers on this list operate.

Is ICICI Direct expensive compared to discount brokers?

On its default MoneySaver plan, yes — its percentage-based brokerage runs higher than the flat-fee or capped-percentage pricing discount brokers on this list use. That's the tradeoff for the bundled banking convenience, in-house research, and branch network a full-service broker like ICICI Direct provides. ICICI Direct also offers iValue and Prime upgrade plans that bring per-order costs down closer to discount-broker levels for active traders.

What are ICICI Direct's iValue and Prime plans?

iValue is a ₹299 one-time, lifetime plan that flattens intraday, futures, and options brokerage to ₹20 per order. Prime plans (₹999 / ₹4,999 / ₹9,999, lifetime, non-renewing) reduce equity delivery brokerage substantially, and can be combined with iValue for the lowest overall ICICI Direct cost. Neither is modeled in this calculator, which shows the default no-fee MoneySaver plan.

Who owns ICICI Direct?

ICICI Direct is operated by ICICI Securities Limited, incorporated in 1995 as ICICI Brokerage Services Limited, a wholly owned subsidiary of ICICI Bank. The ICICI Direct platform itself launched in 2000, and the parent was renamed ICICI Securities Limited in 2007.

Related reading: Trading Charges Explained: STT, GST, Stamp Duty & Every Fee on Your Trade

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