Zerodha vs ICICI Direct

Complete charge comparison — every fee, calculated. ₹50,000 delivery trade baseline.

★ Editor's Pick

Discount

Zerodha CHEAPER

₹126.85

Total cost on ₹50K delivery trade

Full-Service

ICICI Direct

₹430.11

Total cost on ₹50K delivery trade

VERDICT — ₹50,000 DELIVERY TRADE

Zerodha costs ₹303.26 less on a ₹50,000 delivery trade. Zerodha charges lower brokerage on delivery. On an annual basis, Zerodha saves ₹18734 for a long-term investor making 5 delivery trades per month.

Side-by-Side Charge Comparison

Charge	Zerodha	ICICI Direct	Difference
Delivery Brokerage	Zero	0.25%	Differs
Intraday Brokerage	0.03% or ₹20	0.05%	Differs
F&O Options	₹20/order	Plan-based	Differs
DP Charge	₹15.34/scrip	₹23.60/scrip	₹303.26 gap
AMC / year	₹88.50/yr	₹826 incl. GST	Differs
MTF Interest	14.6% p.a.	17.99% p.a.	Differs
API Access	₹2,000/mo (Kite Connect)	Free	—
Call & Trade	₹59	₹50	—
Networth	₹13,500 Cr	₹4,500 Cr	Financial strength
Total (₹50K delivery)	₹126.85	₹430.11	₹303.26 gap

Annual Cost — Long-Term Investor

	Zerodha	ICICI Direct
Annual cost	₹7332/yr	₹26066/yr
Cheaper by	Zerodha saves ₹18734/year

Choose Zerodha if you...

Long-term investors
Options traders
Algo traders
Active intraday traders

Choose ICICI Direct if you...

ICICI Bank customers

More Comparisons

Zerodha vs Dhan Zerodha vs Groww Zerodha vs Angel One Zerodha vs Upstox Zerodha vs HDFC Securities Zerodha vs Kotak Securities Zerodha vs Fyers Zerodha vs 5paisa Zerodha vs mStock Dhan vs Groww Dhan vs Angel One Groww vs Angel One

Charges sourced from official broker websites and NSE filings. Regulatory charges (STT, exchange fee, SEBI fee, stamp duty = ₹111.24 on ₹50K delivery) are identical at every broker. Budget 2026: futures STT raised to 0.05%, options STT to 0.15%, effective April 1 2026. Always verify current charges before trading. Not investment advice.