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

Find a Comparison of ICICI Direct vs Fyers Securities 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 ICICI Direct and Fyers Securities.

Background

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

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

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

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

Equity 0.00325% of Turnover 0.00325%
Futures 0.0019% of Turnover 0.00325%
Options 0.05% of Turnover 0.059%
Commodities 0.05% of Turnover Not Available
AMC charge Rs 700 per Year Rs 0
DP Transaction Charge Rs 25/Transaction or 0.05% whichever higher Rs 12.5
Offline order placing Charge 0 0
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 1x on Delivery & Upto 5x on Intraday 10x for Intraday
Equity Futures Upto 4x 1x for Intraday
Equity Options Not for buying but upto 2x for shorting 1x for Intraday
Currency Futures 1x Not Available
Currency Options 1x Not Available
Commodity 1x Not Available
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 77.1 Crores Rs 69.96 Crores
Profit after Tax FY12/13 Rs 68.2 Crores Rs 67.66 Crores
Profit after Tax FY13/14 Rs 74.9 Crores Rs 81.10 Crores
Profit after Tax FY 14/15 Rs 79.52 Crores Rs 85.14 Crores
Profit after Tax FY 15/16 Rs 96.88 Crores Rs 88.10 Crores
Profit after Tax FY 16/17 Rs 132.64 Crores Rs 93.07 Crores
Profit after Tax FY 17/18 Rs 100.80 Crores Rs 117.25 Crores
Profit after Tax FY 18/19 Rs 134.63 Crores Rs 150.90 Crores
Profit after Tax FY 19/20 Rs 123.16 Crores Rs 168.07 Crores
Profit after Tax FY 20/21 Rs 85.59 Crores Rs 181.00 Crores
Profit after Tax FY 21/22 Rs 105.82 Crores Rs 209.41 Crores
Profit after Tax FY 22/23 Rs 115.43 Crores Rs 240.05 Crores
Debt FY11/12 Rs 209 Crores Rs 44.07 Crores
Debt FY12/13 Rs 219 Crores Rs 56.54 Crores
Debt FY13/14 Rs 317 Crores Rs 74.13 Crores
Debt FY14/15 Rs 350.83 Crores Rs 80.25 Crores
Debt FY15/16 Rs 462.09 Crores Rs 99.03 Crores
Debt FY16/17 Rs 335.99 Crores Rs 140.14 Crores
Debt FY17/18 Rs 555.66 Crores Rs 147.26 Crores
Debt FY18/19 Rs 559.36 Crores Rs 152.85 Crores
Debt FY19/20 Rs 389.28 Crores Rs 160.05 Crores
Debt FY20/21 Rs 536.48 Crores Rs 180.76 Crores
Debt FY21/22 Rs 598.99 Crores Rs 193.25 Crores
Debt FY22/23 Rs 582.15 Crores Rs 221.34 Crores
Profit to Equity(%) FY11/12 32% 19.94%
Profit to Equity(%) FY12/13 21% 12.64%
Profit to Equity(%) FY13/14 27.07% 16.81%
Profit to Equity(%) FY14/15 29.22% 14.28%
Profit to Equity(%) FY15/16 30.63% 25.66%
Profit to Equity(%) FY16/17 32.89% 19.07%
Profit to Equity(%) FY17/18 41.55% 19.14%
Profit to Equity(%) FY18/19 40.19% 20.91%
Profit to Equity(%) FY19/20 26.41% 29.50%
Profit to Equity(%) FY20/21 33.02% 30.98%
Profit to Equity(%) FY21/22 41.00% 30.64%
Profit to Equity(%) FY22/23 43.78% 22.10%
Balance Sheet Size FY11/12 Rs 908 Crores Rs 529.97 Crores
Balance Sheet Size FY12/13 Rs 948 Crores Rs 625.93 Crores
Balance Sheet Size FY13/14 Rs 1620 Crores Rs 687.42 Crores
Balance Sheet Size FY14/15 Rs 1857.26 Crores Rs 733.53 Crores
Balance Sheet Size FY15/16 Rs 1903.86 Crores Rs 892.33 Crores
Balance Sheet Size FY16/17 Rs 1983.64 Crores Rs 936.51 Crores
Balance Sheet Size FY17/18 Rs 2222.18 Crores Rs 1055.90 Crores
Balance Sheet Size FY18/19 Rs 2350.41 Crores Rs 1135.48 Crores
Balance Sheet Size FY19/20 Rs 2470.58 Crores Rs 1240.20 Crores
Balance Sheet Size FY20/21 Rs 2747.85 Crores Rs 1233.51 Crores
Balance Sheet Size FY21/22 Rs 2921.25 Crores Rs 1270.30 Crores
Balance Sheet Size FY22/23 Rs 3061.50 Crores Rs 1334.81 Crores

Comparison Link:

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Frequently Asked Questions

Is ICICI Direct better than Fyers Securities ?

ICICI Direct and Fyers Securities 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 better than ICICI Direct ?

ICICI Direct and Fyers Securities 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 cheaper than Fyers Securities ?

ICICI Direct and Fyers Securities 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 Fyers Securities cheaper than ICICI Direct ?

ICICI Direct and Fyers Securities 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 ICICI Direct vs. Fyers Securities ?

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