Bank-linked full-service broker from ICICI, offering 3-in-1 account integration with research and advisory.
Trade details
Delivery
Intraday
Futures
Options
₹
₹
I haven't sold yet (buy-side only)
Cost breakdown
Net P&L after all charges
₹0.00
Breakeven price: ₹0.00
About the ICICI Direct brokerage calculator
ICICI Direct is ICICI Bank's full-service broking arm, offering 3-in-1 account
integration (bank + demat + trading) along with in-house research and advisory. On the standard
MoneySaver plan, equity delivery is charged at 0.29% of turnover with no flat-fee cap, intraday and
futures at 0.029% per leg, and options at a flat ₹45 per executed order. This percentage-based pricing
means ICICI Direct costs scale with trade size — unlike discount brokers, there's no ₹20 ceiling, so
large delivery trades can attract meaningfully higher brokerage in rupee terms.
!
KEEP IN MIND
Because ICICI Direct charges a percentage with no flat-fee cap, brokerage on a large
delivery trade can run into thousands of rupees where a discount broker like Zerodha would charge
₹0. If cost is your primary concern and you don't need ICICI Direct's bundled research or banking
integration, run the same trade size through this calculator on a discount broker to see the actual
rupee difference before committing capital.
Worked example — Intraday: 100 shares, ₹1,000 → ₹1,010
On a 100-share intraday trade bought at ₹1,000 and sold at ₹1,010 through ICICI Direct, the
brokerage component comes to ₹58.29 and total charges
across brokerage, STT, exchange fees, SEBI fee, stamp duty and GST add up to
₹104.30. On a gross profit of ₹1,000 (before charges), that
leaves a net P&L of ₹895.70 — run your own numbers in the
calculator above for any price, quantity or segment.
Delivery brokerage shown is the round-trip charge (buy + sell legs combined) on a ₹1,00,000 turnover trade, for like-for-like comparison — see each broker's own page for their exact formula.
Frequently asked questions
Why is ICICI Direct's brokerage higher than discount brokers like Zerodha?
ICICI Direct is a full-service broker charging a percentage of turnover (0.29% on delivery, 0.029% per leg on intraday/futures) rather than a flat ₹20 fee. In exchange, it bundles research reports, advisory calls and 3-in-1 banking integration that discount brokers don't offer.
What does ICICI Direct charge for options trading?
ICICI Direct charges a flat ₹45 per executed order on options, applied separately to the buy and sell legs, regardless of the premium value.
What is ICICI Direct's annual maintenance charge (AMC)?
ICICI Direct charges ₹700 + GST per year as demat AMC, one of the higher AMCs in the industry, reflecting its full-service, bank-integrated positioning.
Is there a cheaper plan on ICICI Direct?
ICICI Direct offers multiple plans (including prepaid brokerage packs) at different price points beyond the standard MoneySaver plan referenced here; check ICICI Direct's official rate card for your specific plan, since the percentage rates can differ.
Is ICICI Direct worth the higher cost over a discount broker?
That depends on whether you use the research, advisory and banking integration ICICI Direct bundles in. If you're a self-directed trader who doesn't need those, a discount broker will typically cost significantly less for the same trade volume — run both through this calculator to compare.
Free tools for before and after this trade
Plan the position, size the risk, and price the option — part of Accelpix's free 18-tool trader suite.
This calculator is built for educational and estimation purposes, referencing publicly available SEBI, NSE, BSE and MCX circulars along with each broker's published rate card. Actual charges on your contract note may vary.
01Securities Transaction Tax (STT)
STT is levied by the Government of India under the Securities Transaction Tax Act, 2004, and collected by the exchange on every executed trade. Equity delivery attracts 0.1% on both buy and sell legs; equity intraday attracts 0.025% on the sell leg only. Futures attract 0.05% on the sell-side turnover and options attract 0.15% on the sell-side premium, per the rates effective 1 April 2026 (Union Budget 2026-27). STT is non-refundable and applies irrespective of profit or loss.
02Exchange transaction charges
NSE and BSE levy transaction charges on turnover to fund exchange operations and infrastructure, as specified in their respective circulars. These charges differ by segment (equity, futures, options) and are charged to the broker, who passes them through to the client. Rates are revised periodically by the exchange and published on nseindia.com and bseindia.com.
03SEBI turnover fees
Under SEBI (Regulation of Fees) regulations, a turnover fee of ₹10 per crore (0.0001%) is charged on the total transaction value to fund SEBI's regulatory functions. This is a flat statutory levy uniformly applied across all brokers and segments.
04Stamp duty
Stamp duty on securities transactions is levied under the Indian Stamp Act, 1899, as amended by the Finance Act, 2019, and is charged uniformly pan-India on the buy-side consideration, collected by the depository/exchange. Rates: 0.015% for equity delivery, 0.003% for intraday and options premium, and 0.002% for futures.
05GST
Goods and Services Tax at 18% is levied on brokerage and on exchange transaction & SEBI charges (the "taxable services" component), under the CGST/SGST or IGST Act depending on the client's registered state. GST is not applicable on STT, stamp duty, or the SEBI turnover fee itself, as these are statutory levies, not services.
06DP (Depository Participant) charges
When you sell shares held in your demat account, your Depository Participant (broker) levies a DP charge (typically ₹13–₹25 + GST per scrip, per day), payable to CDSL/NSDL for debiting securities from your demat account. This is separate from brokerage and applies only on delivery sells, not on intraday or F&O trades.
Disclaimer: Figures shown by this calculator are estimates based on publicly published broker rate cards and SEBI/exchange circulars believed accurate as of June 2026. Brokerage plans, STT, exchange transaction charges, SEBI fees and stamp duty rates are subject to change by the respective broker, exchange, SEBI or the Government of India without notice. Accelpix is an NSE-authorized data vendor and does not act as a stockbroker, investment adviser, or research analyst. Nothing on this page constitutes investment advice, a recommendation to trade with any particular broker, or a guarantee of charges that will appear on your contract note. Always verify exact charges with your broker's official rate card and your daily contract note before making trading decisions. Trading in equity, derivatives and commodities involves risk of financial loss.
