Abshire Smith
ICICI Direct
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while ICICI Direct was established in 1994 and is based in India. Abshire Smith holds licences including Financial Conduct Authority (FCA), while ICICI Direct is regulated by Securities and Exchange Board of India (SEBI) among others. Abshire Smith serves 10,000+ clients worldwide; ICICI Direct has 2,000,000+. The minimum deposit is $500 at Abshire Smith and $0 at ICICI Direct.
| Feature | Abshire Smith | ICICI Direct |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Financial Conduct Authority (FCA) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 1997 | 1994 |
| Country | United kingdom | India |
| Clients | 10,000+ | 2,000,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and ICICI Direct, directly affecting your bottom line as a trader. ICICI Direct has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. ICICI Direct applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; ICICI Direct does not. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | Abshire Smith | ICICI Direct |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while ICICI Direct supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Abshire Smith | ICICI Direct |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and ICICI Direct compare. ICICI Direct runs regular live webinars; Abshire Smith does not. ICICI Direct has a video library; Abshire Smith does not. ICICI Direct publishes daily market commentary; Abshire Smith does not. ICICI Direct integrates third-party research tools (Trading Central); Abshire Smith does not. ICICI Direct maintains an archive of past webinars for on-demand viewing. ICICI Direct scores higher overall in education and research.
| Feature | Abshire Smith | ICICI Direct |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ICICI Direct supports 1 (bank transfer). Abshire Smith uniquely supports credit/debit card among the two brokers. Abshire Smith scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | ICICI Direct |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and ICICI Direct offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and ICICI Direct supports 13, giving ICICI Direct broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | ICICI Direct |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |