Fyers Securities vs ICICI Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of Fyers Securities vs ICICI Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Fyers Securities and ICICI Direct.

Background

Year of Incorporation 2015 2000
Website https://fyers.in/ https://www.icicidirect.com/
Phone 080 - 46251111 022 3355 1122
Exchanges enabled NSE, BSE NSE & BSE
Demat (NSDL/CDSL) NSDL- Partnership with ILFS NSDL & CDSL
Brokerage

Equity Rs 20 or 0.03% per executed order 0.05% Equity Intraday
Equity Futures Rs 20 or 0.03% per executed order 0.05% or Rs 50 per Trade
Equity Options Rs 20 per executed order 0.05% or Rs 50 per Trade
Currency Futures Not Available Rs 20 per executed order
Currency Options Not Available Rs 20 per executed order
Commodity Not Available Rs 20 per executed order
Account Opening Costs

Trading only Rs 0 Free
Trading & Demat Rs 0 Rs 975 for 3 in 1 Account
Commodity Not Available Rs 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325% of Turnover
Futures 0.00325% 0.0019% of Turnover
Options 0.059% 0.05% of Turnover
Commodities Not Available 0.05% of Turnover
AMC charge Rs 0 Rs 700 per Year
DP Transaction Charge Rs 7 + ?5.5 Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge 0 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 30 days 20 Days
End of Day 3 years 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 10x for Intraday Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures 1x Upto 4x
Equity Options 1x Not for buying but upto 2x for shorting
Currency Futures Not Available 1x
Currency Options Not Available 1x
Commodity Not Available 1x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 69.96 Crores Rs 77.1 Crores
Profit after Tax FY12/13 Rs 67.66 Crores Rs 68.2 Crores
Profit after Tax FY13/14 Rs 81.10 Crores Rs 74.9 Crores
Profit after Tax FY 14/15 Rs 61.14 Crores Rs 79.52 Crores
Profit after Tax FY 15/16 Rs 78.10 Crores Rs 96.88 Crores
Profit after Tax FY 16/17 Rs 53.07 Crores Rs 132.64 Crores
Profit after Tax FY 17/18 Rs 67.25 Crores Rs 100.80 Crores
Profit after Tax FY 18/19 Rs 80.90 Crores Rs 134.63 Crores
Profit after Tax FY 19/20 Rs 68.07 Crores Rs 123.16 Crores
Profit after Tax FY 20/21 Rs 81.00 Crores Rs 85.59 Crores
Profit after Tax FY 21/22 Rs 59.41 Crores Rs 105.82 Crores
Profit after Tax FY 22/23 Rs 80.05 Crores Rs 115.43 Crores
Debt FY11/12 Rs 44.07 Crores Rs 209 Crores
Debt FY12/13 Rs 46.54 Crores Rs 219 Crores
Debt FY13/14 Rs 54.13 Crores Rs 317 Crores
Debt FY14/15 Rs 50.25 Crores Rs 350.83 Crores
Debt FY15/16 Rs 49.03 Crores Rs 462.09 Crores
Debt FY16/17 Rs 50.14 Crores Rs 335.99 Crores
Debt FY17/18 Rs 47.26 Crores Rs 555.66 Crores
Debt FY18/19 Rs 52.85 Crores Rs 559.36 Crores
Debt FY19/20 Rs 60.05 Crores Rs 389.28 Crores
Debt FY20/21 Rs 60.76 Crores Rs 536.48 Crores
Debt FY21/22 Rs 53.25 Crores Rs 598.99 Crores
Debt FY22/23 Rs 61.34 Crores Rs 582.15 Crores
Profit to Equity(%) FY11/12 19.94 32%
Profit to Equity(%) FY12/13 12.64 21%
Profit to Equity(%) FY13/14 16.81 27.07%
Profit to Equity(%) FY14/15 14.28 29.22%
Profit to Equity(%) FY15/16 25.66 30.63%
Profit to Equity(%) FY16/17 19.07 32.89%
Profit to Equity(%) FY17/18 19.14 41.55%
Profit to Equity(%) FY18/19 20.91 40.19%
Profit to Equity(%) FY19/20 29.50 26.41%
Profit to Equity(%) FY20/21 30.98 33.02%
Profit to Equity(%) FY21/22 30.64 41.00%
Profit to Equity(%) FY22/23 22.10 43.78%
Balance Sheet Size FY11/12 Rs 29.97 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 25.93 Crores Rs 948 Crores
Balance Sheet Size FY13/14 Rs 27.42 Crores Rs 1620 Crores
Balance Sheet Size FY14/15 Rs 33.53 Crores Rs 1857.26 Crores
Balance Sheet Size FY15/16 Rs 33.33 Crores Rs 1903.86 Crores
Balance Sheet Size FY16/17 Rs 36.51 Crores Rs 1983.64 Crores
Balance Sheet Size FY17/18 Rs 35.90 Crores Rs 2222.18 Crores
Balance Sheet Size FY18/19 Rs 35.48 Crores Rs 2350.41 Crores
Balance Sheet Size FY19/20 Rs 40.20 Crores Rs 2470.58 Crores
Balance Sheet Size FY20/21 Rs 33.51 Crores Rs 2747.85 Crores
Balance Sheet Size FY21/22 Rs 35.30 Crores Rs 2921.25 Crores
Balance Sheet Size FY22/23 Rs 34.81 Crores Rs 3061.50 Crores

Comparison Link:

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Frequently Asked Questions

Is Fyers Securities better than ICICI Direct ?

Fyers Securities and ICICI Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is ICICI Direct better than Fyers Securities ?

Fyers Securities and ICICI Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Fyers Securities cheaper than ICICI Direct ?

Fyers Securities and ICICI Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is ICICI Direct cheaper than Fyers Securities ?

Fyers Securities and ICICI Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Fyers Securities vs. ICICI Direct ?

To find out the better of the two stockbrokers Fyers Securities and ICICI Direct, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.