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ICISL vs Zerodha

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick Zerodha leads on safety — winning 1 of 1 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
ICISL Stockbroker
46/100 risk
India
Read review →
Zerodha Stockbroker
44/100 risk
India
Read review →
Safety & Trust
Scam-risk score lower = safer
46
44
Verdict
Guarded
Guarded
Regulated
No
No
Licenses
0
0
Tier-1 regulators
0
0
Trustpilot score
1.4
Reviews collected
43
Exit risk lower = safer
Elevated
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
Max leverage
Min spread (best acct)
Commission
Cost grade
Account types
0
0
Best for
Suits
Indian investors seeking a full-service stockbroker with demat and trading accounts, Traders interested in equity, derivatives, currency, and commodity markets under one roof, Clients desiring research reports and trading calls, especially for intraday and delivery strategies
Not for
Retail forex/CFD traders looking for leveraged forex trading with tight spreads and international platforms, International clients outside India, as the broker appears focused on the domestic market, Traders who require transparent fee structures upfront, as pricing details are not publicly available
Non-resident Indian (NRI) traders, Forex or international market participants, Anyone requiring reliable customer support and swift withdrawals
Products & Funding
Instruments
Deposit methods
Withdrawal
Execution
Speed
Slippage
Swap cost
Company
Founded
2022-09-27
2019-03-18
Headquarters
India
India
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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