Broker comparison
Pick two brokers. The table reloads from our database, so it works without JavaScript.
| Attribute | Kotak Neo | ICICI Direct |
|---|---|---|
| Brokerage | ₹20 / Intraday & F&O order | 0.55% equity |
| Type | Discount broker | Full-service broker |
| Account opening | Free (₹0) | ₹975 |
| AMC | ₹0 (linked Kotak bank account fees may apply) | ₹700/yr |
| Equity delivery | ₹0 (promotional) | 0.55% |
| Intraday / F&O | ₹20 per order | 0.055% |
| DP charges | ₹20 + GST | ₹25 + GST |
| SEBI registration | INZ000200137 | INZ000000221 |
| Charges last verified | 20 Oct 2026 | 20 Oct 2026 |
| Our rating | Rating 4.4 | Rating 4.2 |
| Best for | Traders who want ready-made strategies with a banking relationship | Investors who want advisory and execution under one roof |
| Hidden charges to watch | Streak and StocksBasket strategy subscriptions; 3-in-1 bank charges | ₹975 opening, ₹700 AMC, call & trade ₹50 per order, 3-in-1 bank fees |
| Segments | Equity, F&O, Currency, Commodity | Equity, F&O, Currency, Debt, Mutual funds, Insurance |
| F&O (all segments) | - | Per-contract slabs |
| Highlights | Neo app, StocksBasket, Neo Streak, Intelligent Trading Bot | 3-in-1 account, Research reports, Portfolio advisory, InstaTrade API |
| Open account | Kotak Neo | ICICI Direct |
Still deciding? Estimate what you will actually pay with the brokerage calculator.