ICICI Direct Alternatives: Pros & Cons for 2025
This alternatives to ICICI Direct guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to ICICI Direct to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to ICICI Direct like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their clients. If you feel that ICICI Direct is not quite right for you then it would be worth getting a virtual account with a few of the top ICICI Direct alternatives and check if they are a better fit for you before moving any money around.
The most detailed guide to ICICI Direct alternatives online
There's a lot of reasons ICICI Direct may not be a good fit for you. Whatever reason you are hunting for a better ICICI Direct alternative or ICICI Direct competitor with similar services, comparebrokers.org will always try to give you as much helpful information so you can find what it is you need. Below you can discover the best ICICI Direct alternatives.
For each of our alternative to ICICI Direct, we break down the key differences to ICICI Direct and for each section show you the best alternatives. For each ICICI Direct alternative online trading platform shown we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with ICICI Direct, find some great alternative brokersbrokers|online trading platforms|brokerages.
Using a professional and dependable broker is crucial to having a successful trading career. All of the ICICI Direct alternative brokers we list in this ICICI Direct alternatives guide have good reputations and fit what you are looking for.
Alternatives With Lower Minimum Deposit
ICICI Direct has a minimum desposit of $0, you can see how the minimum deposit requirements of ICICI Direct compare with the minimum deposit requirements of ICICI Direct competitors. Brokers offer lower minimum deposits to get traders to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all depends on your individual trading needs.
Alternatives Offering Virtual Portfolio Accounts
ICICI Direct offers demo accounts so you can test your trading strategies before risking any real capital. New traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we detail some of the best alternatives to ICICI Direct that have demo accounts.
Alternatives Offering Negative Balance Protection
ICICI Direct doesn't offer negative balance protection. If your balance is unfavorable, ICICI Direct suggests that you contact customer services. Then you are able to correct any imbalances within your own account.
Below we show some of the best alternatives to ICICI Direct that has negative balance protection.
Broker | Offers Negative Balance Protection? | Find Out More |
---|---|---|
ICICI Direct |
No | |
Startrader |
Yes | |
freetrade |
Yes | |
easyMarkets |
Yes | |
Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
ICICI Direct regrettably, does not offer guaranteed stop loss. ICICI Direct provides a chance to its traders to close their trade in their given price. Apart from this, ICICI Direct doesn't provide guaranteed stop loss.
Below we show some of the top ICICI Direct alternatives that have guaranteed stop loss available for their users.
Broker | Offers Guaranteed Stop Loss? | Find Out More |
---|---|---|
ICICI Direct |
No | |
easyMarkets |
Yes | |
Uphold |
Yes | |
instaforex |
Yes | |
FreshForex |
Yes |
Alternatives Offering Scalping
ICICI Direct do permit scalping. Several traders across the world choose ICICI Direct due to their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which let this.
Below we show some of the top alternatives to ICICI Direct that offer scalping functionality to their clients.
Alternatives That Allow Hedging
ICICI Direct do permit hedging. Several traders across the world choose ICICI Direct for their hedging services. They offer trading on Web Trader, Tablet & Mobile apps.
Below we list some of the top alternatives to ICICI Direct that allow hedging services to their customer base.
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, ICICI Direct offers social trading which encompasses leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.
Below we list some of the best alternatives to ICICI Direct that allow social trading capabilities.
Alternatives That Allow Copy Trading
ICICI Direct's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of social trading.
Below we show some of the best alternatives to ICICI Direct that has copy trading to their users
Compare ICICI Direct To All Other Brokers
Latest ICICI Direct News & Insights
ICICI Direct Review
ICICI Direct Alternatives:
Table Of Contents
- ICICI Direct alternatives with lower minimum deposit requirements
- ICICI Direct alternatives with demo accounts
- ICICI Direct alternatives with negative balance protection
- ICICI Direct alternatives with guaranteed stop loss
- ICICI Direct alternatives that allow scalping
- ICICI Direct alternatives that allow hedging
- ICICI Direct alternatives that allow social trading
- ICICI Direct alternatives that allow copy trading