ICICI Direct vs First Trade, Updated for 2026

Compare ICICI Direct vs First Trade

All trading platforms has a few advantages and disadvantages, so any comprehensive ICICI Direct and First Trade review should not be complete without embracing a fair assessment.

Examine ICICI Direct and First Trade to understand just how these platforms line up against each other before you decide to make an account. Conducting a comprehensive comparison will place factors in perspective to ensure that you remain aware of the expectations.

So you are looking for a professional broker and are choosing between ICICI Direct or First Trade. Who should you choose?

Our ICICI Direct vs First Trade comparison contains the latest information so you can easily compare First Trade against ICICI Direct.

If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll get adept at all of the concepts of brokerage since you continue trading. For starters, you need to choose the ideal broker who will be clear with you constantly.

Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. ICICI Direct and First Trade are just two such trading platforms that will take you along with your investment to great heights. It's crucial that you compare ICICI Direct vs First Trade before you trust them with your money.

Our ICICI Direct vs First Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ICICI Direct and First Trade side by side.

Our entire ICICI Direct vs First Trade Review covers everything you need to learn about trading using either ICICI Direct or First Trade. A good agent can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing goals.

There is no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you select them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.

ICICI Direct and First Trade are both brokers that have found their way successfully into the brokerage world. In this review, we've tried to collate some of the vital aspects of both ICICI Direct and First Trade. This review can help you to know whether either First Trade or ICICI Direct is a good match for your investments or not. We have attempted to breakdown all of the features and charges for your advantage.

Benefits of ICICI Direct and First Trade Compared

ICICI Direct has a minimum deposit of $0 while First Trade has a $5 minimum deposit.

Why smaller minimum deposits are good and how ICICI Direct and First Trade 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.

ICICI Direct allows you to trade around 5000 financial instruments whilst First Trade has around 5000 financial instruments on their platform.

The more financial instruments you can trade on the ICICI Direct and First Trade 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 seriously do not want to miss out on a trading opportunity due to the limitations of ICICI Direct or First Trade.

ICICI Direct and First Trade Contact Details

Being able to contact a broker easily is vital. ICICI Direct and First Trade have the following contact details and social medias that you can use.

First Trade and ICICI Direct 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.

In this part of our comparison of ICICI Direct and First Trade we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of the apps as better than average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?

ICICI Direct vs First Trade - Awards

ICICI Direct vs First Trade - Frequently Asked Questions

ICICI Direct vs First Trade - Headquarters And Year Of Founding

ICICI Direct was founded in 1994 and has its head office in India.

First Trade was founded in 2008 and has its head office in USA.

What is the minimum deposit for First Trade or ICICI Direct

The minimum deposit for ICICI Direct is $0.

The minimum deposit for First Trade is $5.

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 ICICI Direct and First Trade are a good choice.

ICICI Direct vs First Trade - Regulation And Licencing In More Detail

ICICI Direct is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Both ICICI Direct and First Trade have a strong collection of rules for ensuring fair trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).

As per their own privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.

Compare ICICI Direct vs First Trade Commission And Fees

ICICI Direct and First Trade are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the amount of customers they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily three different types of fees for this purpose.

The first kind of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you are paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are those that are billed when you hold a leveraged position for longer than daily.

Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.

Generally, neither ICICI Direct or First Trade charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who regularly trade, for example weekly or daily trading.

But, non-trading fees billed by ICICI Direct and First Trade are comparatively higher. Consequently, you're billed more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.

This ICICI Direct vs First Trade review for 2026 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For ICICI Direct And First Trade

What Languages Do ICICI Direct And First Trade Support?

Being able to communicate completely with your online platform is a key element when comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading online.

Below you will find the languages that both ICICI Direct and First Trade support.

How Many Clients Do ICICI Direct and First Trade Have?

Both ICICI Direct and First Trade are well established with their client base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.

Below you will find details of how many customers ICICI Direct and First Trade are active on their platform

What Payment Methods Do ICICI Direct and First Trade Accept?

ICICI Direct and First Trade 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 ICICI Direct and First Trade

What Can You Trade With ICICI Direct and First Trade?

ICICI Direct offers 5000 trading instruments while First Trade offers 101.

Below you will find a full breakdown of what both ICICI Direct and First Trade offer.