FP Markets vs ICICI Direct, Who's Better?
|
|
FP Markets Rating
|
ICICI Direct Rating
|
Losses can exceed deposits |
Your capital is at risk |
FP Markets vs ICICI Direct Guide |
Read our In-Depth FP Markets vs ICICI Direct Review - 2025 Update
Our review comparing FP Markets and ICICI Direct has been updated to reflect any changes for 2025 from industry experts with considerable expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs ICICI Direct does not apply to all countries as follows:
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
ICICI Direct Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs ICICI Direct
Each platforms for online trading feature a few ups and downs, so any comprehensive FP Markets and ICICI Direct review would not be regarded as thorough without having a fair assessment.
Compare FP Markets and ICICI Direct to understand how they stack up to each other before you choose to create an account. Conducting a comprehensive comparison will put things in perspective to ensure that you remain cognizant of what you should anticipate.
So you are looking for an online trading platform and are choosing between FP Markets or ICICI Direct. Which one is best in 2025?
This FP Markets vs ICICI Direct comparison contains the latest information so you can easily compare ICICI Direct against FP Markets.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage as you keep trading. For starters, you need to choose the ideal broker who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. FP Markets and ICICI Direct are two such trading platforms that will take you along with your investment to great heights. It's crucial to compare FP Markets vs ICICI Direct before you trust them with your cash.
Our FP Markets vs ICICI Direct comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and ICICI Direct side by side.
Our entire FP Markets vs ICICI Direct Review covers all you need to learn about trading using either FP Markets or ICICI Direct. A good broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investment goals.
There is no sure-fire method to ensure profits; therefore, you should carefully assess your broker before you choose them. It is a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
FP Markets and ICICI Direct are both brokers that have found their way successfully to the broker world. Within this review, we have tried to collate a number of the vital aspects of both FP Markets and ICICI Direct. This review will allow you to know whether either ICICI Direct or FP Markets is a good fit for your investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Benefits of FP Markets and ICICI Direct Compared
FP Markets offers a minimum deposit of $100 while ICICI Direct has a $0 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and ICICI Direct compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FP Markets allows you to trade around 100 financial instruments while ICICI Direct allows you to trade around 100 on their platform.
The more instruments you can trade on the FP Markets and ICICI Direct trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of FP Markets or ICICI Direct.
FP Markets and ICICI Direct Contact Details
Being able to contact your broker through many ways is important. FP Markets and ICICI Direct have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | FP Markets | ICICI Direct |
Telephone Number | +44 28 2544 7780 | |
supportteam@fpmarkets.com | ||
Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines | |
FP Markets Twitter Account | ICICI Direct Twitter Account | |
FP Markets Facebook Page | ICICI Direct Facebook Page | |
FP Markets Instagram Account | ICICI Direct Instagram Account | |
FP Markets LinkedIn Page | ICICI Direct LinkedIn Page | |
YouTube | FP Markets YouTube Channel | ICICI Direct YouTube Channel |
Find Out More |
|
|
ICICI Direct and FP Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing FP Markets and ICICI Direct will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FP Markets vs ICICI Direct - Awards
|
||
---|---|---|
Broker | FP Markets | ICICI Direct |
Awards |
FP Markets have won numerous industry awards over the time they have been operating as an online broker. We list the most recognised awards for FP Markets below.
|
At the time of writing this ICICI Direct review, and despite ICICI Direct’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
FP Markets vs ICICI Direct - Frequently Asked Questions
FP Markets vs ICICI Direct - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its headquaters in Australia.
ICICI Direct was founded in 1994 and has its head office in India.
What is the minimum deposit for ICICI Direct or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for ICICI Direct is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and ICICI Direct are a good choice.
FP Markets vs ICICI Direct - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
ICICI Direct is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
Both FP Markets and ICICI Direct have a powerful set of rules for ensuring honest trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare FP Markets vs ICICI Direct Commission And Fees
FP Markets and ICICI Direct are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. That is, an online broker is not necessarily influenced by the number of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this purpose.
The first kind of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In such instances, you are paying a spread, financing speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those that are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither FP Markets or ICICI Direct charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by FP Markets and ICICI Direct are relatively higher. As a result, you are charged more for non-trading actions in your trading account, such as withdrawal and deposits. These are not related to the purchase and sale of assets.
This FP Markets vs ICICI Direct review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For FP Markets And ICICI Direct
What Languages Do FP Markets And ICICI Direct Support?
Being able to communicate easily with your trading platform is a key way of comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both FP Markets and ICICI Direct offer communication in.
How Many Clients Do FP Markets and ICICI Direct Have?
Both FP Markets and ICICI Direct are well established with their customer base. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers FP Markets and ICICI Direct have
|
||
---|---|---|
Broker | FP Markets | ICICI Direct |
Clients / Users | 10,000+ | 2,000,000+ |
Find Out More |
|
|
What Payment Methods Do FP Markets and ICICI Direct Accept?
FP Markets and ICICI Direct both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FP Markets and ICICI Direct
|
||
---|---|---|
Broker | FP Markets | ICICI Direct |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | No |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | No | No |
Neteller | Yes | No |
Find Out More |
|
|
What Can You Trade With FP Markets and ICICI Direct?
FP Markets offers 100 trading instruments and ICICI Direct offers 5000.
Below you will find a full breakdown of what both FP Markets and ICICI Direct offer.
FP Markets Review
FP Markets vs ICICI Direct:
Table Of Contents
- Compare FP Markets vs ICICI Direct
- Benefits of FP Markets and ICICI Direct Compared
- ICICI Direct and FP Markets Mobile App Comparison
- FP Markets vs ICICI Direct - Awards
- FP Markets vs ICICI Direct - Frequently Asked Questions
- What is the minimum deposit for ICICI Direct or FP Markets
- FP Markets vs ICICI Direct - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And ICICI Direct
- What Languages Do FP Markets And ICICI Direct Support?
- How Many Clients Do FP Markets and ICICI Direct Have?
- What Payment Methods Do FP Markets and ICICI Direct Accept?
- What Can You Trade With FP Markets and ICICI Direct?