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 7 + ?5.5
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
Equity Options Not for buying but upto 2x for shorting 1x
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 61.14 Crores
Profit after Tax FY 15/16 Rs 96.88 Crores Rs 78.10 Crores
Profit after Tax FY 16/17 Rs 132.64 Crores Rs 53.07 Crores
Profit after Tax FY 17/18 Rs 100.80 Crores Rs 67.25 Crores
Profit after Tax FY 18/19 Rs 134.63 Crores Rs 80.90 Crores
Profit after Tax FY 19/20 Rs 123.16 Crores Rs 68.07 Crores
Profit after Tax FY 20/21 Rs 85.59 Crores Rs 81.00 Crores
Profit after Tax FY 21/22 Rs 105.82 Crores Rs 59.41 Crores
Profit after Tax FY 22/23 Rs 115.43 Crores Rs 80.05 Crores
Debt FY11/12 Rs 209 Crores Rs 44.07 Crores
Debt FY12/13 Rs 219 Crores Rs 46.54 Crores
Debt FY13/14 Rs 317 Crores Rs 54.13 Crores
Debt FY14/15 Rs 350.83 Crores Rs 50.25 Crores
Debt FY15/16 Rs 462.09 Crores Rs 49.03 Crores
Debt FY16/17 Rs 335.99 Crores Rs 50.14 Crores
Debt FY17/18 Rs 555.66 Crores Rs 47.26 Crores
Debt FY18/19 Rs 559.36 Crores Rs 52.85 Crores
Debt FY19/20 Rs 389.28 Crores Rs 60.05 Crores
Debt FY20/21 Rs 536.48 Crores Rs 60.76 Crores
Debt FY21/22 Rs 598.99 Crores Rs 53.25 Crores
Debt FY22/23 Rs 582.15 Crores Rs 61.34 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 29.97 Crores
Balance Sheet Size FY12/13 Rs 948 Crores Rs 25.93 Crores
Balance Sheet Size FY13/14 Rs 1620 Crores Rs 27.42 Crores
Balance Sheet Size FY14/15 Rs 1857.26 Crores Rs 33.53 Crores
Balance Sheet Size FY15/16 Rs 1903.86 Crores Rs 33.33 Crores
Balance Sheet Size FY16/17 Rs 1983.64 Crores Rs 36.51 Crores
Balance Sheet Size FY17/18 Rs 2222.18 Crores Rs 35.90 Crores
Balance Sheet Size FY18/19 Rs 2350.41 Crores Rs 35.48 Crores
Balance Sheet Size FY19/20 Rs 2470.58 Crores Rs 40.20 Crores
Balance Sheet Size FY20/21 Rs 2747.85 Crores Rs 33.51 Crores
Balance Sheet Size FY21/22 Rs 2921.25 Crores Rs 35.30 Crores
Balance Sheet Size FY22/23 Rs 3061.50 Crores Rs 34.81 Crores

Comparison Link:

Compare ICICI Direct Compare Fyers Securities
ICICI Direct Vs Punch Trade Fyers Securities Vs Punch Trade
ICICI Direct Vs BlinkX Fyers Securities Vs BlinkX
ICICI Direct Vs Lemonn Fyers Securities Vs Lemonn
ICICI Direct Vs Mandot Securities Fyers Securities Vs Mandot Securities
ICICI Direct Vs HDFC Sky Fyers Securities Vs HDFC Sky
ICICI Direct Vs Dhan Fyers Securities Vs Dhan
ICICI Direct Vs Goodwill Wealth Fyers Securities Vs Goodwill Wealth
ICICI Direct Vs Shoonya by Finvasia Fyers Securities Vs Shoonya by Finvasia
ICICI Direct Vs NJ Wealth Fyers Securities Vs NJ Wealth
ICICI Direct Vs Paytm Money Fyers Securities Vs Paytm Money
ICICI Direct Vs Globe Capital Fyers Securities Vs Globe Capital
ICICI Direct Vs Finvasia Fyers Securities Vs Finvasia
ICICI Direct Vs Cholamandalam Securities Fyers Securities Vs Cholamandalam Securities
ICICI Direct Vs Canara Bank Fyers Securities Vs Canara Bank
ICICI Direct Vs Axis Direct Fyers Securities Vs Axis Direct
ICICI Direct Vs Alice Blue Fyers Securities Vs Alice Blue
ICICI Direct Vs 5Paisa Fyers Securities Vs 5Paisa
ICICI Direct Vs M.stock Fyers Securities Vs M.stock
ICICI Direct Vs WisdomCapital Fyers Securities Vs WisdomCapital
ICICI Direct Vs Way2wealth Fyers Securities Vs Way2wealth
ICICI Direct Vs Ventura Securities Fyers Securities Vs Ventura Securities
ICICI Direct Vs Navia Markets Ltd Fyers Securities Vs Navia Markets Ltd
ICICI Direct Vs Tradejini Fyers Securities Vs Tradejini
ICICI Direct Vs Tata Securities Fyers Securities Vs Tata Securities
ICICI Direct Vs Swastika Investmart Fyers Securities Vs Swastika Investmart
ICICI Direct Vs SMC Global Fyers Securities Vs SMC Global
ICICI Direct Vs SBICAP Securities Fyers Securities Vs SBICAP Securities
ICICI Direct Vs SASOnline Fyers Securities Vs SASOnline
ICICI Direct Vs Samco securities Fyers Securities Vs Samco securities
ICICI Direct Vs RK Global Fyers Securities Vs RK Global
ICICI Direct Vs Reliance Securities Fyers Securities Vs Reliance Securities
ICICI Direct Vs Nirmal Bang Fyers Securities Vs Nirmal Bang
ICICI Direct Vs Master Trust Capital Fyers Securities Vs Master Trust Capital
ICICI Direct Vs Kotak Securities Fyers Securities Vs Kotak Securities
ICICI Direct Vs Interactive Brokers Fyers Securities Vs Interactive Brokers
ICICI Direct Vs IIFL Securities Fyers Securities Vs IIFL Securities
ICICI Direct Vs Dhani Fyers Securities Vs Dhani
ICICI Direct Vs IDBI Capital Fyers Securities Vs IDBI Capital
ICICI Direct Vs HDFC Securities Fyers Securities Vs HDFC Securities
ICICI Direct Vs Geojit Fyers Securities Vs Geojit
ICICI Direct Vs Edelweiss Capital Fyers Securities Vs Edelweiss Capital
ICICI Direct Vs Easytradez Fyers Securities Vs Easytradez
ICICI Direct Vs Rupeezy Fyers Securities Vs Rupeezy
ICICI Direct Vs Anand Rathi Fyers Securities Vs Anand Rathi
ICICI Direct Vs Aditya Birla Money Fyers Securities Vs Aditya Birla Money
ICICI Direct Vs Achiievers Fyers Securities Vs Achiievers
ICICI Direct Vs Angel Broking Fyers Securities Vs Angel Broking
ICICI Direct Vs Motilal Oswal Fyers Securities Vs Motilal Oswal
ICICI Direct Vs Sharekhan Fyers Securities Vs Sharekhan
ICICI Direct Vs Groww Fyers Securities Vs Groww
ICICI Direct Vs Tradesmart Online Fyers Securities Vs Tradesmart Online
ICICI Direct Vs Upstox Fyers Securities Vs Upstox
ICICI Direct Vs Zerodha Fyers Securities Vs Zerodha

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.