ETX Capital
ICICI Direct
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Overview
ETX Capital was founded in 2002 and is headquartered in UK, while ICICI Direct was established in 1994 and is based in India. ETX Capital holds licences including Financial Conduct Authority (FCA), while ICICI Direct is regulated by Securities and Exchange Board of India (SEBI) among others. ETX Capital serves 10,000+ clients worldwide; ICICI Direct has 2,000,000+. The minimum deposit is $100 at ETX Capital and $0 at ICICI Direct.
| Feature | ETX Capital | ICICI Direct |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Conduct Authority (FCA) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2002 | 1994 |
| Country | UK | India |
| Clients | 10,000+ | 2,000,000+ |
Fees
Fees are a critical factor when choosing between ETX Capital 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 $100 at ETX Capital). Neither broker charges withdrawal fees. ICICI Direct applies inactivity fees on dormant accounts; ETX Capital does not. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | ETX Capital | ICICI Direct |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ETX Capital offers MT4, MT5, cTrader, while ICICI Direct supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ICICI Direct supports social and copy trading features, which ETX Capital does not offer. The two brokers are closely matched on platform offering.
| Feature | ETX Capital | 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 | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ETX Capital and ICICI Direct compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. ETX Capital scores higher overall in education and research.
| Feature | ETX Capital | ICICI Direct |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETX Capital accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while ICICI Direct supports 1 (bank transfer). ETX Capital uniquely supports credit/debit card and Neteller among the two brokers. ETX Capital scores higher on deposit and withdrawal flexibility.
| Feature | ETX Capital | ICICI Direct |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ETX Capital and ICICI Direct offer live chat support. Both provide phone support. Email support is available at both brokers. ETX Capital supports 7 languages and ICICI Direct supports 13, giving ICICI Direct broader global reach. Both brokers are comparable on support quality.
| Feature | ETX Capital | ICICI Direct |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, Spanish, German, Polish, Czech, Greek and Mandarin | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |