Exploring the world of brokerage at ICICI Direct?
ICICI Direct offers a range of brokerage services, including equity trading, derivatives trading and portfolio management services along with a wide range of financial products such as mutual funds, insurance policies, fixed deposits, etc. They also provide advisory services like wealth management, tax planning, retirement planning etc.
Investing in the stock market can be intimidating if you are new to it. But thankfully, ICICI Direct offers a plethora of services and class leading market research & analysis products about stocks or other financial instruments that just about anyone with an interest in investing can understand and use.

Find out more about brokerage at ICICI Direct and how it makes it economical and easier to invest your money!
Brokerage At ICICI Direct
ICICI Direct, one of the top brokerage names in India, has recently unveiled several plans with reduced brokerages charges.
The new plans provide customers with much lower charges at ICICI Direct than what was earlier charged by the company. They are tailored to meet different needs of different customers.
Various ICICI Direct brokerage plans are Prime Plan, Neo Plan, Prepaid Plan and I-Secure Plan. Apart from them, there is also an NRI Brokerage Plan for Non-Resident individuals.

ICICI Direct Prime Plan
ICICI Direct Prime Plans offer more than 50% reduction in brokerage across all products. In addition to that, there is eATM facility offered in these plans.
eATM facility of ICICI Direct offers instant payout of money in your bank account for the stocks you sold. Otherwise, it may take 2-3 working days to get the money in your account.
ICICI Direct Prime Plan 299 has a validity of one year and it needs to be renewed every to take the advantage. All other plans have lifetime validity. Below are the details of each plan:
Prime Plan | Cash % | Margin/Future % | Options (per lot) | Currency/Commodity (per order) | MTF Interest Rate (% p.a.) | eATM Limit (₹ in Lakhs) |
---|---|---|---|---|---|---|
299 (Annual) | 0.27 | 0.027 | 40 | 20 | 18.00 | 2.5 |
999 (Lifetime)) | 0.22 | 0.022 | 35 | 20 | 17.00 | 10 |
1999 (Lifetime) | 0.18 | 0.018 | 25 | 20 | 13.45 | 25 |
2999 (Lifetime) | 0.15 | 0.015 | 20 | 20 | 11.45 | 100 |
3999 (Lifetime) | 0.12 | 0.012 | 15 | 20 | 11.45 | 100 |
4999 (Lifetime) | 0.1 | 0.01 | 10 | 20 | 8.99 | 100 |
Prepaid Plan
All the Prepaid Plans come with lifetime validity which can provide you with reduced brokerage up to 87% across products. Benefits of Prepaid Plans continue even after the prepaid amount has been exhausted.
Prepaid Plan | Cash % | Margin/Futures % | Options (₹ per lot) | Currency/Commodity (₹ Per Order) | MTF Interest Rate (% p.a.) | Daily eATM Limit (₹ in Lakhs) |
---|---|---|---|---|---|---|
2,500 (Lifetime) | 0.25 | 0.025 | 35 | 20 | 17.00 | 10 |
5,000 (Lifetime) | 0.22 | 0.022 | 30 | 20 | 17.00 | 25 |
12,500 (Lifetime) | 0.18 | 0.018 | 25 | 20 | 15.40 | 25 |
25,000 (Lifetime) | 0.15 | 0.015 | 20 | 20 | 11.45 | 100 |
50,000 (Lifetime) | 0.12 | 0.012 | 15 | 20 | 11.45 | 100 |
1,00,000 (Lifetime) | 0.07 | 0.007 | 7 | 20 | 8.99 | 100 |
I-Secure Plan
I-Secure Plan of ICICI Direct offers cash brokerage at flat rate of 0.55% irrespective of the turnover.
Below are the further details of the I-Secure Plan;
Cash | Margin/Margin Plus | Future/Future Plus | Currency/Commodity Futures | Option/Option Plus | Currency/Commodity Options |
---|---|---|---|---|---|
0.55% | 0.050% (trade value > ₹50,000) | 0.050% | ₹ 20 per order | ₹95 per contract | ₹ 20 per order |
Nil on Intraday Square off | 2.5% or ₹25 (for trade value < ₹50,000) | ₹50 on other leg intraday square off | ₹50 on Intraday Square off | ||
NRI Plans
ICICI Direct offers three brokerage plans for NRIs.
Total Eligible Turnover Per Month | Brokerage (%) |
---|---|
Trades above ₹ 50,00,000 | 0.50 |
₹ 25,00,001 – ₹ 50,00,000 | 0.75 |
₹ 10,00,001 – ₹ 25,00,000 | 0.90 |
₹ 5,00,001 – ₹ 10,00,000 | 1.00 |
Up to ₹ 5,00,000 | 1.25 |
The Prime Plan for NRIs offers eATM facility, upto 84% brokerage reduction in delivery segment and reduced charges for Futures and Options segment.
Prime Plan (₹) | Delivery (%) | Futures (%) | Options (₹ per lot) |
---|---|---|---|
1999 (Annual) | 0.50 | 0.035 | 50 |
3999 (Lifetime) | 0.35 | 0.030 | 40 |
7999 (Lifetime) | 0.30 | 0.025 | 30 |
11999 (Lifetime) | 0.20 | 0.020 | 25 |
Prepaid Brokerage Plan for NRIs offers up to 84% reduction in brokerage and lifetime validity up to 15 years for these plans.
Prepaid Plan (₹) | Cash (%) | Futures (%) | Options (₹ per lot) |
---|---|---|---|
10,000 | 0.75 | 0.040 | 60 |
50,000 | 0.50 | 0.035 | 50 |
1,00,000 | 0.35 | 0.030 | 40 |
2,00,000 | 0.30 | 0.025 | 30 |
3,00,000 | 0.20 | 0.020 | 25 |
*GST @18% and other mandatory charges like SEBI Charges and Transaction Charges are in addition to the above charges.
ICICI Direct Neo Brokerage Plan
ICICI Direct Neo Plan is a new plan offering zero brokerage in futures trading and ₹20 unlimited per order charges in options trading and intraday trading. However, delivery charges and margin trading funding (MTF) charges remain as per your existing brokerage plan.
Futures (₹ per order) | Options (₹ per order) | Margin (₹ per order) | Currency F&O (₹ per order) | Commodity F&O (₹ per order) |
---|---|---|---|---|
0 | 20 | 20 | 20 | 20 |
The Neo Brokerage Plan is available for only Resident individuals, non-individuals and Hindu undivided families (HUF). The subscription fee for Neo Plan is ₹ 299 + 18% GST.
ICICI Direct annual maintenance charges for trading account are ₹ 700 + GST @18%. Annual charges get reduced to ₹ 300 +GST @18% on subscribing to Neo Plan.
ICICI Direct Neo vs Prime Plan
The Neo Plan is ICICI’s value-based offering which charges zero brokerage for Futures trading and low flat fee of Rs 20 per executed order for Options, Commodities and Currency F&O trades.
The ICICI Direct Prime plan is a discount-broking service which offers competitive charges on delivery trades, F&O, Currency Derivatives and Commodities Derivatives. Prime Plan is best if you do not want to spend much but still want low brokerage charges, otherwise Prepaid Plans make a better option.
Both plans have access to the same full suite of products, enabling customers to pick the plan that best suits their investment goals.
Brokerage charges of ICICI Direct for mutual funds are zero under all plans if you invest through a systematic investment plan (SIP) route. However, a lumpsum investment in mutual funds attracts a fee of ₹ 100 plus taxes for each buy order.
That is all for various brokerage plans offered by ICICI Direct. Hope it helps you make your decision more easily and wisely!