ICICI Direct vs SBI Securities
SBI Securities offers lower brokerage and zero AMC compared to ICICI Direct.
ICICI Direct
Full Service4/5
3-in-1 account with ICICI Bank
Comprehensive research
Wide product range
High brokerage
AMC charges
SBI Securities
Full Service4.2/5
Backed by SBI - Trusted brand
Free account opening & AMC
3-in-1 account facility
Higher brokerage than discount brokers
Platform can be slow sometimes
Detailed Comparison
| Feature | ICICI Direct | SBI Securities |
|---|---|---|
| Account Opening | Free | Free |
| AMC | ₹700 | Free |
| Equity Delivery | 0.55% | 0.50% or Rs 100 (lower) |
| Equity Intraday | 0.05% | 0.05% or Rs 40 (lower) |
| Futures | 0.05% | 0.03% or Rs 40 (lower) |
| Options | Rs 95 per lot | Rs 40 per lot |
| Research Reports | ||
| Advisory | ||
| NRI Services | ||
| 3-in-1 Account |
Trading Platforms
ICICI Direct
ICICIdirect WebsiteICICIdirect MobileTrade Racer
SBI Securities
Web TradingMobile AppNESTSBI Smart
Open Free Demat Account
Zero account opening, zero AMC, backed by State Bank of India