Fyers vs ICICI Direct: licences compared
Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.
| Attribute | Fyers | ICICI Direct |
|---|---|---|
| Licence Score | 43Weak | 53Moderate |
| Strongest licence | 2 Tier 2 | 2 Tier 2 |
| Licences on record | 1 | 1 |
| 2 SEBI India | Licensed | Licensed |
| Founded | 2015 | 2000 |
| Headquarters | India | India |
| Type | Exchange-traded currency broker | Exchange-traded currency broker |
| Publicly listed | No | NSE:ICICISEC |
| Platforms | Proprietary, TradingView | Proprietary |
| Minimum deposit | No minimum | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Fyers or ICICI Direct better regulated?
ICICI Direct has the higher Licence Score (53 vs 43), based on the number and tier of licences, operating history and public listing.
Which regulators license both Fyers and ICICI Direct?
Both are matched to licences from SEBI.